American Pet Insurance Company, part of Trupanion, filed an Oregon rate and rule update for its Pets Best pet insurance program, seeking a 30.1% overall increase effective June 2, 2026 for new and renewal business. The filing impacts about 7,206 policyholders and is expected to add roughly $3.26 million in premium on a $10.82 million book. The prior Oregon filing was a 25.7% increase effective June 2, 2025.

The increase is largely driven by the core Unexpected Illness and Injuries plan, with the annual base rate moving to $1,260.29. Pets Best is not proposing changes to its injuries only flat rate plan or its wellness add ons. The rating structure remains built around territory, coinsurance, annual limit, deductible, optional add on coverage factors, plus breed and age, with discounts capped at 12%.

On distribution, Pets Best continues to lean on partner and group channels, including web link partners, employer and affinity groups, and a higher discount tier for groups with 1,000 plus employees. The program also uses vet clinic and partner distributed one month trials that waive waiting periods and bundle add ons for pets under eight, with certain high cost conditions pushed to an injuries only option. A related veterinary exam program applies a 10% first year discount, waives waiting periods, and allows a full refund at one month if no claim is paid, lowering friction at signup.