Progressive Insurance has become one of the most recognizable insurance brands in the United States, thanks to its competitive pricing, creative advertising, and advanced technology. Founded in 1937, Progressive was originally focused on providing affordable auto insurance to high-risk drivers. Today, it offers a full range of insurance products, from car and motorcycle coverage to home, boat, and commercial insurance.
With a strong emphasis on innovation, Progressive is widely known for usage-based insurance programs like “Snapshot,” a system that rewards safe drivers by monitoring their behavior. In this article, we explore Progressive’s history, offerings, pricing structure, pros, cons, and tips for choosing the best policy.
Company Overview
Progressive was founded by Joseph Lewis and Jack Green, who aimed to make auto insurance more accessible. The company’s early focus on risk-tolerant coverage helped it grow rapidly.
Today, Progressive is the third-largest auto insurer in the United States by market share. It operates through:
- A direct online sales model
- Independent insurance agents
- Phone-based customer service
- Mobile apps and digital platforms
Progressive’s headquarters are in Mayfield Village, Ohio, and the company employs over 60,000 people.
Insurance Products and Services
1. Auto Insurance
Progressive’s auto insurance includes:
- Liability coverage
- Comprehensive and collision
- Medical payments
- Personal Injury Protection (PIP)
- Uninsured/underinsured motorist coverage
- Rental car reimbursement
- Roadside assistance
Snapshot® Program:
This usage-based program tracks braking, acceleration, speed, and driving time. Safe drivers can earn substantial discounts.