Progressive

The Progressive Corporation (NYSE: PGR) is a major insurance provider based in Mayfield Village, Ohio. Founded in 1937, Progressive has grown to become the second largest auto insurer in the US and a leading seller of commercial auto, motorcycle, and boat insurance. The company is also among the top 15 homeowners insurance carriers. Progressive offers a wide range of insurance products including personal and commercial auto, home, motorcycle, boat, and recreational vehicle coverage. In January 2024, Progressive rebranded its large fleet commercial line, formerly known as Protective Insurance, to Progressive Fleet & Specialty Programs.

Progressive's main products and services include:

• Personal auto insurance

• Commercial auto insurance

• Motorcycle insurance

• Boat insurance

• RV insurance

• Homeowners insurance

• Commercial fleet insurance (through Progressive Fleet & Specialty Programs)

• Workers' compensation insurance (primarily for the transportation industry)

Progressive has expanded its expertise in large fleet transportation and niche insurance programs for the transportation and delivery industries. This expansion was bolstered by the acquisition of Protective Insurance Corporation in 2021. The company emphasizes customer convenience, offering multiple ways for consumers to access their services including online, by phone, through a mobile app, or in-person with local agents. Progressive is known for innovative shopping tools and services such as Name Your Price, Snapshot, and HomeQuote Explorer, which are designed to save customers time and money.