Progressive

Bio of carrier

History- Progressive was formed in 1937 by Joseph Lewis and Jack Green as Progressive Insurance Company. In 1956, the company found a niche by insuring more risky drivers. Progressive boasts being the first auto insurance company to have a website and to allow customers to purchase policies via that site. 

• A+ Rated Carrier 

• 24/7 Service 

• In late 2022, Progressive became the largest motor insurance carrier in the U.S.

Auto 

• Pet Injury coverage

• Comprehensive Only coverage

• Custom Parts and Equipment coverage (CPE)

• Additional Custom Parts and Equipment (ACPE)

Home 

• HomeShield Package

• HomeShield Plus Package

• Platinum Package

Auto - 

• 3-Year Safe Driving

• 5-Year Accident Free

• Automatic Emergency Braking (AEB)

• Blind Spot Warning (BSW)

• AEB and BSW

• Snapshot® Participation/Renewal

• Advance Shop Days

• EFT

• Paid In Full

• Distant Student

• Good Student

• Teen Driver

• Full Coverage

• Homeowner

• Multi Car

• Multi Policy Discount

Home 

• Accredited Builder—15%

• Advance Quote—Up to 12%

• Claim Free—Up to 4%

• E-Policy—$10

• Flood Companion—2%

• New Purchase—10% new, 7% year 2, 3% year 3

• Nonsmoker—1%

• Paid In Full by Insured—14%, by Mortgagee—7%

• Progressive Auto—Up to 25%

• Protective Device—Fire: Up to 2%, Burglar: Up to 5%,

• Water Leak Protection: Up to 8%

• Secured Subdivision—2%

• Umbrella—10% OP & 5% W/H

• Updated Home—Up to 9%

• Wind Mitigation—Hip Roof 10%,

• Window and Other Opening Protection 10%

If you get a Progressive Verification, don't proceed, as they really do not want it. If 1 everyone in a while its ok. Ask for approval first. 

We are working on pulling a list with Progressive to find which accounts are subject to inspection and which ones are not. In the interim we a have list of renewals to check for and to bundle.

We need to bundle more auto and home business with Progressive.  Expected to open 2025 for mid property.  We need 70% bundle rate we are at 60%

• Renters and auto does not apply Auto+ Home Condo only

• Keep the cancellation rate under 10% we are at 0% as of December

• Includes existing business for monoline we can round out 

• Progressive will send us a list of Monoline home or condo that we can round