In Meyer's original idea of "Twilight" as a standalone novel, werewolves weren't going to be part of the story.
Even though the legends Jacob tells Bella mention them, the vampires were intended as the only relevant part of those stories.
On her website, Meyer wrote, "The dream Bella had of Jacob transforming into a wolf to protect her had no foreshadowing significance at the time. It was just my way of letting Bella's subconscious articulate the situation."
She added that the image "stuck with me" while writing "New Moon."