Progressive Corporation is one of the largest auto insurance companies in the United States, guaranteeing more than 10 million policyholders*. If you watch television, you’ve inevitably seen Flo, the immensely popular and enthusiastic sales representative for Progressive Insurance, played by actress Stephanie Courtney. While Progressive doesn’t literally “showcase” its insurance products online, through its website, through independent insurance agents, or over the phone.
Progressive Mutual Insurance Company was founded in 1937 by Joseph Lewis and Jack Green, a duo of lawyers who thought investing in an insurance company was a good idea. The company has always been an innovative firm in the industry. Pay-as-you-go premiums for car rental claims service, user-based auto insurance, and installment plans for pay insurance. The company is headquartered in Mayfield Village, Ohio, a suburb of Cleveland. The current CEO of The Progressive Corporation is Glenn Renwick, who has been an employee of the company since 1986.
Financial Stability
Progressive Insurance Companies Group became a publicly traded corporation in 1971, with net premiums of over $8 billion in written form. AM gives the best Progressive Insurance an A+ financial strength rating. S&P and Fitch rate Progress Insurance as “AA” in the financial strength category.
Better Business Bureau Evaluation
Although Progressive Corporation is not a BBB-accredited organization, it has an “A+” rating from the Better Business Bureau. Companies are not required to seek BBB accreditation, although it is a good way for consumers to find out how a company is handling any customer complaints. The company received a rating of 3.74 out of 5 stars based on 167 customer reviews. There are 1775 closed complaints against progress on the BBB website in the following areas: 61 ad sales issues; 448 billing/collection issues; 14 delivery problems; 23 warranty/warranty issues and 1229 product/service-related issues.
Insurance Products
Consumers can obtain quotes for the following Progressive insurance products online, by phone, or through an independent insurance agent representing Progressive:
- Auto Insurance
- Motorcycle Insurance
- Truck Insurance
- Homeowners Insurance
- Renters insurance
- Life insurance
- Boat Insurance
- RV Insurance
- Commercial Vehicle Insurance
- Life insurance
- Health insurance
- Umbrella Insurance
summary
There are a lot of pluses for clients with Progressive Insurance. You can compare the prices of Progressive’s insurance products with those of others on the Progressive website. insurance companies. With this price comparison feature, you have the chance to see the best insurance premium prices available. This is a unique thing insurer. Progressive invites you to compare it to the competition.
If you decide to purchase a policy from Progressive, you can access their 24/7 customer service and claim service online or via a toll-free phone number. One of Progressive’s best features is its damage service . If you have a claim, you can drop off your vehicle at a claims service center, have it repaired and pick it up. The company takes care of all the paperwork for you. Another outstanding service is “ total loss .” These drivers can get help finding a replacement vehicle and even finding financing for their new car.
Progressive’s insurance rates are competitive and have many different layers of programs to insure drivers with different driving and credit histories. Their rates are comparable to GEICO Insurance , another online direct auto insurance provider.
While there are many pluses to Progressive Insurance, there are a few disadvantages. Business customers won’t find much in Progressive insurance products. Commercial auto insurance is the only business insurance that offers the Progressive product.
Although Progressive Insurance does not have BBB (Better Business Bureau) accreditation, it has an “A+” rating. While companies are not required to obtain accreditation from the BBB, it is a source of information for customers to find information about a good company, including how it handles and resolves customer complaints.
Contact information
Customers can get a price quote for Progressive Insurance products. website or by calling 1-800-PROGRESSIVE (1-800-776-4737). Agent locator to find a local agent .
