Items of interest to the towing and recovery industry that are gleaned from the Web by Towing & Recovery Footnotes (www.trfootnotes.com) Associate Editor Cyndi Kight
Monday, March 16, 2009
Progressive Offers Expanded Coverage
What if your tow company was dispatched to pick up a vehicle, and an improper hook up caused transmission damage? Or, your mechanic got into a wreck when he took a car out for a quick test drive while doing repairs? You could be liable for these additional damages.
Progressive has announced “Expanded On-Hook Towing Liability,” which now covers more than just the towed vehicle. Towed property, including cargo like equipment or raw materials and select personal items in towed vehicles, is now covered if it is damaged at any time between pick up and delivery. Plus, coverage for transmission and transaxle damage is now included. Limits for this truck insurance coverage are now available up to $100,000. “Expanded Garagekeepers Liability” now provides coverage for vehicles being serviced, repaired or stored at up to three business locations. This coverage is also now available in limits up to $100,000.
The new on-hook and garagekeepers coverages are currently available in 19 states and are expected to roll out countrywide throughout 2009. For more information, or to find a local independent agent, visit www.progressivecommercial.com.
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