Pet owners across the U.S. want answers after Nationwide announced it will not renew about 100,000 policies. This comes at a time where the price for veterinary care is also rising.
Pet owners across the U.S. want answers after Nationwide announced it will not renew about 100,000 policies. This comes at a time when the price for veterinary care is also rising, according to NerdWallet. Pet owners are angry, confused and panicking. Many are working to find a backup plan. "It's like taking away your baby's insurance. If any of you have children, you know what that's like.
can't even imagine what the costs are going to look like at this point. That's the scary part. And are they going to cover them? Someone said to me, ‘there are other plans out there.’ I know AKC has something. I haven't applied yet, but they said after I do apply, they're saying it's a 365-day wait to get preexisting conditions covered. So what do I do for the next year? You're just left out in the cold. Thank you, Nationwide," said Gary.
Overall, pet insurance is still relatively affordable compared to if you suddenly have to face unexpected costs for your pet. So, for example, if you have a dog, it's a little over $50 a month for pet insurance. For a cat, it's a little bit less, just around $30 a month. And so that, for a lot of people, is relatively affordable compared to facing a sudden expense. Like if your pet has an injury or needs some kind of extended medical care.
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