Schwarzenegger vetoes Pet Insurance Bill

Governor Schwarzenegger vetoed bill 2411 which would have required greater disclosure from pet insurance companies. Schwarzenegger stated that existing law already allows the California Department of Insurance to regulate pet insurance, so this bill was not necessary.

Looks like the ball is now in the CA Department of Insurance’s court. I would expect Assemblyman Dave Jones to continue to pursue his goal of improved disclosure.

Our take: regardless of the law, improved disclosure about the benefits and limitations of pet insurance policies is a good idea. So I will be adding more info about coverage limits, benefit schedules, pre-existing conditions and other important policy details to this site.

Comments are closed.