Insurance provider offers trucking operations full protection

The Trucker News Services

2/27/2008

MAYFIELD VILLAGE, Ohio — People in the trucking business can now get most of their insurance needs met in one place from a recognized commercial auto insurance expert as Progressive rounds out its offerings for small businesses with Cargo and General Liability insurance, the company says.

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.

For cargo, the plan offers up to $100,000 in coverage for damage or loss due to theft, fire, collision and hitting or running over cargo, according to the company news release. The coverage also means 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.

Under general liability, the protection offers 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.

The addition of Cargo and General Liability are just the latest improvements to Progressive’s truck insurance program, the company noted. In 2007, for example, the company expanded its radius for auto liability coverage from 300 to 500 miles and introduced a single deductible.

“We want to make our commercial customers’ lives easier,” said Ken Bowman with Progressive’s Commercial Auto group. “Adding more coverages helps us do that.”

For more information on Progressive’s truck program or to find a local independent agent, please go to the all-new www.progressivecommercial.com.