Jo on December 4th, 2007


How cool! Going to have to talk to my insurance agent about what they can offer.

clipped from www.msnbc.msn.com

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.

“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.

“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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2 Responses to “Progressive car insurance adds pet coverage”

  1. I was wondering when someone was going to start doing this! I think it’s a grand idea!

  2. 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.