Progressive
Summary: Progressive got its start in Ohio back in 1937. Today, Progressive Insurance Company is one of the largest property and casualty insurance companies in the nation and the number one auto carrier in Texas. From illustrious coverage offerings to user-friendly technology and excellent customer service, Progressive continues to raise the bar in the industry. Estimated Read Time: 7 mins
Quick Facts About Progressive:
- Standard or Non-Standard: Both
- Mutual or Stock: Stock
- NAIC Number: 24260
- Headquarters: 6300 Wilson Mills Rd., Mayfield, OH, 44143
- CEO: Tricia Griffith
- M. Best Rating: A+ Superior
- BBB Rating: A+
- Products Offered: Auto, Boat, Commercial, Condo, Flood, Home, Motorcycle, RV, Renters, Umbrella, and much more
- Features You’ll Love:
- With so many different coverage options, Progressive Insurance makes it simple to find personalized coverage, bundle your policies, and receive discounts.
- There are several perks and technological features policyholders love including Snapshot, roadside assistance, the Progressive app, and much more.
- Day or night, rain or shine, you’ll find that Progressive’s customer service is available to help you no matter what.
Table of Contents:
- How Much is Progressive Insurance?
- Is Progressive Insurance Good?
- Progressive’s Policy Options
- Does Progressive Have a Grace Period?
Established on March 10, 1937, in Cleveland, Ohio, by Joseph Lewis and Jack Green, Progressive Mutual Insurance Company sought to transform auto insurance. As pioneers of the first drive-in claims location, the company emphasized innovation.
In 1956, Progressive Casualty Insurance Company was founded as the inaugural nonstandard insurance underwriter, unveiling the Safe Driver Plan. By 1964, Progressive introduced a payment plan for nonstandard auto policies in Ohio and broadened coverage to include motorcycle insurance policies, establishing benchmarks for an evolving insurance industry.
In 1971, Progressive turned into a stock insurance company with an initial public offering (IPO). That same year, the company entered its commercial insurance business as well as began offering coverage for RVs.
In 1974, Progressive moved to its current headquarters in Mayfield Village, Ohio, where it would continue to set industry standards for decades. This includes:
- Being the first auto company to publish its loss reserve report.
- Streamlining data through the Progressive On-line Transaction Enquiry and Update System (PROTEUS).
- Creating immediate claim response for 24/7 service for policyholders along with the option of purchasing and comparing coverage over the phone.
- Progressive launched the first auto insurance website which evolved into real-time quotes and enrollments. This would be expanded over time to other product lines.
- Several technological innovations including apps, the popular Snapshot discount, and integration with Google Home among proprietary tools to help policyholders.
Today, the company needs no introduction. Progressive is the third-largest property and casualty insurance company in the United States known for its extensive product offerings along with illustrious resources and a quirky marketing campaign.
How Much is Progressive Insurance?
The cost of Progressive Insurance can vary depending on a number of factors including your own personal factors, the amount of coverage you need, discounts you qualify for, where you live, and much more.
If you’d like to receive a personalized Progressive Insurance quote and compare other top-rated carriers in Texas, contact our agents at (972) 798-3769. Freedom Insurance Group is proud to work with Progressive and other highly-rated carriers to deliver home, auto, flood, landlord coverage, and much more.
Both auto and home insurance coverage are common needs for Texans. Below, we’re exploring some of the average quotes drivers and homeowners are paying throughout the Lone Star State for coverage:
Progressive Auto Insurance Quotes from Texas Cities
There are many product lines offered by Progressive Auto Insurance. Costs can vary due to everything ranging from your driving record to state driving trends. Your rates may vary, but below, we’re looking at Progressive car insurance quotes throughout TX:
- Arlington - $1.876 per year
- Austin - $1,485 per year
- Corpus Christi - $2,494 per year
- Dallas - $2.394 per year
- El Paso - $879 per year
- Fort Worth - $1,948 per year
- Houston - $2,459 per year
- Lubbock - $1,787 per year
- Plano - $2,365 per year
- San Antonio - $1,493 per year
Compare Progressive auto insurance quotes to find the right policy for your needs.
Progressive Home Insurance Quotes from Texas Cities
Just like the cost of an auto policy will vary from place to place and person to person, homeowners insurance will as well. Progressive home insurance quotes for Texas may be different for your home, but here is a snapshot to give you an idea:
- Arlington - $2,215 per year
- Austin - $1,689 per year
- Corpus Christi - $2,321 per year
- Dallas - $2.343 per year
- El Paso - $1.234 per year
- Fort Worth - $2,099 per year
- Houston - $2.239 per year
- Lubbock - $1,876 per year
- Plano - $2,103 per year
- San Antonio - $1,438 per year
Every home is unique and you deserve a policy that reflects that. Compare Progressive home insurance quotes and find personalized protection at an affordable rate.
Is Progressive Insurance Good?
Progressive Insurance continues to be a top-rated carrier for policyholders. Not only is the brand noted for its customer service, featuring an A+ rating from the Better Business Bureau (BBB) but it’s also financially sound.
It’s important to enroll with carriers that have the financial backing to handle your claim. Receiving an A.M. Best rating of A+ Superior, you can be sure that Progressive is more than capable of paying out your claim in a timely manner.
Progressive’s Policy Options
There isn’t much that the Progressive Corporation doesn’t cover when it comes to protecting against property and casualty losses. If you’re looking for an extensive product listing with personalized coverage, Progressive has you covered:
Progressive Auto Insurance
Whether you’re looking to just stay legal with liability coverage or enroll in full coverage to better protect your vehicle, auto insurance from Progressive has it all. You can even find other policies such as gap insurance, roadside assistance, classic car coverage, and more for a highly personalized approach.
Progressive Home Insurance
Home insurance covers your property and your finances. There are different property types and Progressive has many options to meet your needs. You can even shop among different policy types and riders/endorsements to customize your protection.
Progressive Renters Insurance
Renters insurance by Progressive is the perfect solution for anyone looking to protect their personal belongings from loss. You can customize your coverage to protect against losses due to liability and coverage that can help you with eating and lodging should your home become uninhabitable after a major loss.
Progressive Motorcycle Insurance
From ATVs to motorcycles, there are several different types of bikes available. You deserve coverage that fits your needs and Progressive motorcycle insurance delivers. There are discounts for association members, personalized coverage options, roadside assistance, and more available.
Progressive Boat Insurance
More than 1 million watercraft are protected by Progressive ranging from fishing boats to extensive sailboats and everything in between. Towing, salvage, fuel spill, and other coverages are available in addition to protecting your watercraft.
Progressive RV Insurance
Not only is Progressive RV insurance affordable, but it’s flexible for any type of recreational vehicle. This includes Class A, B, and C motorhomes, campers, and even cargo and horse trailers. Coverage in case of emergencies is also available.
Progressive Commercial Insurance
Progressive commercial auto insurance has been a mainstay since 1971, however, the company has expanded into other business coverages since. The list is extensive, which is a good thing. No matter what type of business you have, the industry you’re involved in, or losses you need to protect against, Progressive business insurance has a policy for your company.
Progressive Umbrella Insurance
If you have a home, rent a home, or own an automobile, you could find these assets and your finances in jeopardy in the event of a lawsuit. Progressive umbrella insurance protects you through supplemental coverage against major losses that other policies may not have high enough limits for.
Progressive Insurance Offers Condo, Flood, and More
According to the Texas Department of Insurance (TDI), Progressive Insurance Company remains the top auto insurance brand in Texas, but the brand is so much more than is even listed above. There is coverage for condos, private flood insurance protection, and more available to meet your every need.
Does Progressive Have a Grace Period?
Yes, Progressive has a grace period that changes for drivers from state to state. In Texas, you’ll have 7 to 30 days if you’ve missed a payment or if you are transferring coverage to a new vehicle.
However, you should note that this may result in higher premiums later, you’ll need to pay a late fee, and you could be non-renewed once your policy expires should it become a habit rather than an exception.