Progressive Direct Insurance Company has filed to introduce a new pet insurance product in Vermont, marking an expansion into the pet insurance space in partnership with Companion Protect Agency, LLC.
The filing, submitted on May 2, 2025, outlines a standalone accident and illness policy for cats and dogs, underwritten by Progressive and administered by Companion Protect. The program offers customizable coverage options with reimbursement rates of 70%, 80%, or 90%, and annual benefit limits of up to $20,000.
Companion Protect, which handles administration and customer service, brings experience from previous partnerships in the veterinary and retail space. This filing signals Progressive’s intent to grow its presence in the growing pet insurance market, with Vermont being one of the initial launch states.