April 30, 2008
Cargo and General Liability Insurance Now Available From Progressive
MAYFIELD VILLAGE, OHIO – Progressive is rounding out its offerings for small businesses with cargo and
general liability insurance. The new coverages, now available in Colorado, Missouri, Ohio, Tennessee, Texas, and Wisconsin,
are expected to be available countrywide by the end of the year.
Cargo: Up to $100,000 in coverage for damage or loss due to
theft, fire, collision, and hitting or running over cargo. Fewer exclusions,
including no co-insurance penalty, no exclusion of coverage if a vehicle is
left unattended, and no reduction in coverage limits for items such as
electronic equipment.
General liability: Up to $1 million in coverage for each
occurrence and $2 million aggregate coverage available for losses including
people slipping and falling next to a parked truck or a trucker causing damage
at a customer’s warehouse.
In 2007, the company expanded its radius for auto liability
coverage from 300 to 500 miles and introduced a single deductible.
For more information on Progressive’s truck program or to
find a local independent agent, visit www.progressivecommercial.com.