Pet owners face a dilemma after Nationwide notifies them of insurance cancellations [USA TODAY]
NerdWallet, Inc. (NRDS)
Company Research
Source: USA TODAY
USA TODAY Network Christie Keith has been paying $600 a month in pet insurance premiums to insure her dogs for years and bumped that up to more than $700 recently to add coverage for her 4-year-old Silkan Windhound, Pip. But a few weeks ago, the protection plan for her pets came unraveled when Nationwide Insurance announced it would cancel coverage for about 100,000 pets across the country, blaming the rising costs of veterinary care and other factors that are cutting into the profits of its pet insurance business, the company said in a statement on June 14. The move is leaving tens of thousands of pet owners in a predicament, because – even though Nationwide says age and prior claims history aren't a factor – many of those policies are for older pets with pre-existing conditions that may not be insurable elsewhere. For Keith, a 65-year-old freelance writer who lives in Davisburg, Michigan, the dilemma is especially troubling because her older dogs have both needed medical tr
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