This looks like a great idea to me!

CLEVELAND (Nov. 12) - One U.S. auto insurance company is now offering coverage for pets.

Progressive Corp. 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.

"It's an unusual and interesting benefit," said Jean Salvatore, a senior vice president for the Insurance Information Institute. She was not aware of any other company offering a collision benefit for pets...