Innovative Auto Insurance For Pets
Cleveland-area company provides extra coverage at no cost.
(Mayfield Heights) - An auto insurance company headquartered in Greater Cleveland is now offering their owners a benefit for Ohio pets.
Progressive Insurance 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.
Jean Salvatore, of the New York-based insurance information institute, says it's an unusual and interesting benefit. She's never heard of any other company offering a collision benefit for pets.
A recent insurance information institute study found that there are over 150 million pets in the U.S., and Americans spend over 40 billion dollars on their pets annually.
The Progressive benefit has been in place since September 6th.
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