Financial Services · Insurance - Property & Casualty
The Progressive Corporation
U.S. property and casualty insurer best known for auto insurance
Understand Progressive →What Progressive does
Progressive sells insurance in the United States, mainly car insurance for individuals, plus coverage for motorcycles, RVs, boats, homes and renters. It also insures commercial vehicles such as trucks, tow trucks and vans, and offers liability, property and workers' compensation coverage for small businesses and the transportation industry. Customers can buy through independent insurance agents, online or by phone.
How Progressive makes money
Progressive earns premiums from personal and commercial insurance policies and profits when those premiums exceed claims and expenses. It also earns investment income by investing the premiums it holds before claims are paid.
Products & services
- Personal auto insurance
- Special lines insurance (motorcycle, RV, watercraft)
- Homeowners and renters insurance
- Commercial auto and truck insurance
- Small business general liability and commercial property insurance
- Transportation workers' compensation insurance
Sector Financial Services Industry Insurance - Property & Casualty HQ United States Ticker PGR Official site
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