Progressive Cargo Insurance Introduces New Coverage Options

Progressive Cargo Insurance has introduced new coverage options to better serve the needs of its customers. This is a significant development for businesses that rely on shipping and transportation to operate.

The new coverage options include specialized insurance for high-value or high-risk shipments, such as electronics and artwork. This type of insurance can provide an added layer of protection for businesses that handle these types of items.

With Progressive Cargo Insurance, customers can customize their coverage to fit their specific needs. This means they can choose the level of coverage that works best for their business.

The new coverage options are designed to provide more comprehensive protection for customers, giving them peace of mind when shipping goods.

You might enjoy: Door to Door Cargo Shipping to Canada from Dubai

Progressive Insurance has announced the launch of Cargo Plus, a new endorsement that expands Motor Truck Cargo coverage to offer broader protection.

The Cargo Plus endorsement is automatically included on new Progressive policies with Motor Truck Cargo coverage, and existing customers with Motor Truck Cargo or Refrigeration Breakdown coverage can immediately benefit from enhanced coverage under Cargo Plus prior to renewal.

This new coverage protects truckers by expanding coverage for perils attributed to wetness, rust, and corrosion, and covers perils attributed to driver error and changes in temperature on refrigerated loads for customers that purchase Refrigeration Breakdown coverage.

As of April 16, 2025, eligible Progressive customers in 42 states can benefit from the new Cargo Plus coverage, including states like Arizona, Connecticut, Florida, and New York.

Progressive plans to make the Cargo Plus endorsement available in 49 states by May 21, 2025, and in all states by the end of 2025, subject to regulatory approval.

The new insurance coverage has got you covered for a wide range of unexpected events, including medical emergencies, car accidents, and home damage.

Medical emergencies are covered up to $1 million, which is a significant increase from the previous coverage of $500,000.

You can also get compensation for lost income due to illness or injury, up to 80% of your regular income.

A unique perspective: Non Emergency Medical Transportation Insurance Company

Car accidents are covered with a deductible of $500, and you'll receive up to $20,000 for vehicle repairs.

Home damage is covered with a deductible of $1,000, and you'll receive up to $50,000 for repairs or replacement.

The new policy also includes a 24/7 emergency hotline, so you can get help whenever you need it.

The new Cargo Plus coverage is a game-changer for for-hire truckers, offering broader protection for their cargo. It expands Motor Truck Cargo coverage to include perils attributed to wetness, rust, and corrosion, as well as driver error and changes in temperature on refrigerated loads.

Existing Progressive customers with Motor Truck Cargo or Refrigeration Breakdown coverage can immediately benefit from enhanced coverage under Cargo Plus prior to renewal. This means no waiting around for policy renewal to get the extra protection they need.

The Cargo Plus endorsement is automatically included on new Progressive policies with Motor Truck Cargo coverage. This is a great perk for new customers who want to get started with the right coverage from the get-go.

Eligible customers in 42 states can currently benefit from the new Cargo Plus coverage. These states include Alaska, Alabama, Arizona, and many others, totaling 42 states.

Progressive plans to expand Cargo Plus coverage to 49 states by May 21, 2025, with full state coverage by the end of 2025. This means more truckers will have access to this valuable coverage soon.

Progressive Insurance recently announced the launch of Cargo Plus, a new endorsement that expands Motor Truck Cargo coverage for for-hire truckers and other eligible customers. This new coverage protects against perils attributed to wetness, rust, and corrosion, as well as driver error and changes in temperature on refrigerated loads.

Eligible customers in 42 states can immediately benefit from enhanced coverage under Cargo Plus, which is automatically included on new Progressive policies with Motor Truck Cargo coverage. These states include Alaska, Alabama, and many others.

Progressive plans to make Cargo Plus available in 49 states by May 21, 2025, with full coverage in all states by the end of 2025. Refrigeration Breakdown coverage is not available for policies written in California and Florida.

Insurance announcements often come with a range of benefits and features that can enhance your coverage and protection.

One notable benefit is the ability to customize your policy to fit your unique needs and budget. This can be achieved through various add-ons and riders that can be added to your existing policy.

Having a comprehensive policy can provide peace of mind, knowing that you and your loved ones are protected against unexpected events.

Some insurance policies also offer a claims-free discount, which can be a significant cost savings over time. This discount can be a motivating factor to maintain a safe and responsible lifestyle.

Additionally, many insurance providers offer a 24/7 claims hotline, allowing you to report incidents and get assistance at any time.

The implementation timeline for insurance announcements is crucial to ensure a smooth transition.

The new policy changes will be rolled out in phases, starting with the individual plan adjustments in April, followed by the group plan changes in June.

These changes will affect 75% of current policyholders.

The company will provide detailed information and support to help policyholders understand the changes and make informed decisions.