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Nationwide Pet, the country’s largest provider of pet insurance, says it is dropping about 100,000 policies between now and next summer to keep up with spiraling costs in vet care.
Mark Williams, Des Moines Register. May 29, 2024 at 2:24 PM. Nationwide is cutting about 100,000 pet insurance policies. Nationwide, the nation's largest pet insurer, is dropping coverage for ...
Nationwide Pet, the country’s largest provider of pet insurance, says it is cancelling about 100,000 pet insurance policies between now and next summer to keep up with rising costs in vet care.
Nationwide Mutual Insurance Company and affiliated companies, commonly shortened to Nationwide, is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. The company also operates regional headquarters in Scottsdale, Arizona and Des Moines, Iowa. [2] Nationwide currently has approximately 25,000 employees, [3 ...
Pet insurance is a form of property insurance rather than health insurance. [10] As such, pet insurance reimburses the owner after the pet has received care and the owner submits a claim to the insurance company. Pet insurance policies primarily cover dogs, cats and horses, though more exotic species of animal can obtain coverage.
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It is the main governing body of the growing pet insurance industry. The North American revenues of pet insurance reached $354 million in 2009, up 14% from $310 million in 2008, as the market continues to chart what is forecast to be double-digit annual increases through the next five years.
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