Progressive Insurance Policy Information

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Progressive auto insurance can cover accident repair expenses.
Progressive auto insurance can cover accident repair expenses. (Image: David De Lossy/Photodisc/Getty Images)

In 1937, Jack Green and Joseph Lewis founded the Progressive Mutual Insurance Company. The company initially offered only automotive insurance, but expanded to include insurance for other motorized vehicles. In 1996, Progressive launched a web tool where consumers can compare the policy rates of other insurance companies when shopping for auto insurance policies.

Insurance Policies Offered

Progressive offers insurance policies for cars, motorcycles, trucks, classic collectible vehicles, recreational vehicles, commercial vehicles, boats, snowmobiles and Segways. You can also purchase homeowner’s insurance and umbrella insurance through Progressive. The company’s website (progressive.com) provides consumers with information on health, life and pet insurance offered by other providers. If you buy collision coverage through Progressive, you automatically receive pet injury coverage with a limit of $1,000 to cover veterinary expenses resulting from injuries your pet may sustain during a car collision.

Purchasing Insurance

To purchase auto insurance from Progressive, you can choose to request an instant quote, or you can determine your own price, based on the insurance coverage type and deductible limits. If you pay for your annual or semi-annual policy in one lump sum, Progressive gives you a discount. You can also choose to pay in monthly installments with your PayPal account, by check or credit card or via automatic withdrawal from your bank account.

Insurance Discounts

Progressive offers customers discounts for purchasing your policy online, insuring multiple cars in your household and combining multiple insurance products, such as homeowner’s insurance and auto insurance. Progressive also offers an accident forgiveness clause that you may qualify for if you have been insured with the company for three years and have not been involved in an auto accident. If eligible, Progressive will not increase your insurance rates the first time an accident occurs after the designated time period.

Reporting Claims

If your insured vehicle sustains damage as a result of an auto accident, Progressive offers you the option to file your claim online. Normally, you will receive a phone call from a Progressive claim representative before the end of the business day to arrange an inspection appointment so you can receive a repair estimate. Progressive can provide rental car assistance and towing service if needed. You can check on the status of a claim via the company’s web portal.

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