Progressive Insurance

Progressive Insurance, officially known as The Progressive Corporation, is a prominent American insurance company founded in 1937 and headquartered in Mayfield, Ohio. It is the second-largest auto insurer in the United States, specializing in coverage for both standard and high-risk drivers. Progressive has a long history of innovation in the insurance industry, including the introduction of the first drive-in claims service and the option for customers to pay premiums monthly. The company offers a wide range of insurance products, primarily focused on auto insurance for various vehicles, including motorcycles, commercial vehicles, and recreational vehicles. Additionally, Progressive provides homeowners insurance, life insurance, and pet insurance through partner companies, as well as commercial auto insurance. Policies are available directly to consumers and through a network of over 30,000 independent insurance agencies across the country. Progressive is known for its innovative approach, being one of the first to enable online policy purchases and mobile app management. Its marketing campaigns, particularly featuring the character "Flo," have made it a recognizable brand in the insurance market. The company is publicly traded on the New York Stock Exchange under the ticker symbol PGR and ranks #62 on the 2024 Fortune 500 list.