How cool! Going to have to talk to my insurance agent about what they can offer.
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CLEVELAND - Progressive Corp. is providing collision coverage for customers’ dogs or cats at no additional premium cost. It will pay up to $500 if a customer’s dog or cat is hurt or dies in a car accident.
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“It’s an unusual and interesting benefit,” said Jean Salvatore, a senior vice president for the New York-based Insurance Information Institute. She was not aware of any other company offering a collision benefit for pets.
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“Auto insurance is a very competitive market, and companies are always looking for ways to differentiate themselves. If this becomes popular, I’m sure others may look into it as well,” Salvatore said.
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Tags: Clipmarks, Insurance, Pets
December 5th, 2007 at 9:14 am
I was wondering when someone was going to start doing this! I think it’s a grand idea!
December 18th, 2007 at 2:23 pm
Hey Jo, I’ve never heard of such insurance in my whole life! I work in a Toronto life insurance company and I don’t think anyone ever came up with the idea of insuring a cat or a dog in case of a car accident. Do you thing people will be interested in it? I mean I am not that much of a cat fanatic and I don’t often take my cat for a ride in my car at least not often, maybe once a year. Don’t you think that people already have enough trouble and costs insuring themselves and their cars? I’m taking no sides now, so I’m not saying it’s a good idea nor that it’s not worth it. We’ll see how it goes in the long run.