Progressive Corp,Ohio (PGR)

Frequently Asked Questions About Progressive Corp,Ohio (PGR)

Can I change my coverage online with Progressive?

Yes, customers can easily change their coverage online through the Progressive website or mobile app. The platform allows users to review their policy, adjust coverage options, add or remove vehicles, and update personal information seamlessly. This feature empowers customers to manage their insurance conveniently.

Does Progressive offer bundling discounts?

Yes, Progressive offers bundling discounts for customers who purchase multiple insurance products, such as auto and home insurance, from the company. These discounts can provide significant savings, encouraging customers to consolidate their insurance needs with Progressive while benefiting from tailored coverage options.

Does Progressive offer insurance for businesses?

Yes, Progressive offers commercial auto insurance specifically designed for businesses. This includes coverage options for vehicles used for business purposes, providing flexibility for a range of industries. Business owners can tailor their policies to meet the specific risks and needs associated with their operations.

How can I file a claim with Progressive?

Filing a claim with Progressive can be done through several convenient channels. Customers can file claims online via the Progressive website or mobile app, call the claims department, or speak with their insurance agent. The claims process is designed to be user-friendly, allowing customers to track their claims status and manage communication at their convenience.

How does Progressive differentiate itself from competitors?

Progressive differentiates itself through innovative pricing and technology-driven approaches, as well as its iconic advertising campaigns. The company pioneered the use of direct-to-consumer sales through its website and mobile app, offering tools like the Snapshot program that allows customers to save on premiums based on their driving habits.

How does Progressive handle customer complaints?

Progressive takes customer complaints seriously and has a structured process in place to address them. Customers can reach out through various channels, including phone, email, and social media, and their feedback is logged and evaluated. The company aims to resolve issues promptly and improve service based on customer input.

How does Progressive support local communities?

Progressive is committed to supporting local communities through various philanthropic efforts and partnerships. The company invests in community development initiatives, disaster relief, education programs, and environmental sustainability projects, aiming to create a positive impact and foster long-term relationships with the areas they serve.

Is Progressive publicly traded, and under what ticker symbol?

Yes, Progressive Corp is publicly traded on the New York Stock Exchange (NYSE) under the ticker symbol PGR. The company has been listed on the stock exchange since 1971, and its stock is traded by numerous institutional and retail investors interested in the insurance sector.

What awards has Progressive received?

Progressive has received numerous awards for its innovative products, customer service excellence, and workplace culture. Most notably, the company has been recognized on lists such as Fortune’s '100 Best Companies to Work For' and has earned high ratings for its claims handling and customer satisfaction from independent research organizations.

What does Progressive Corp do?

Progressive Corp is an American insurance company primarily known for its auto insurance products. Founded in 1937, the company offers a variety of insurance services, including home, renters, motorcycle, boat, and commercial insurance. Progressive is recognized for its innovative use of technology in insurance underwriting and claims processing, enabling greater efficiency and customer service.

What is Progressive's approach to sustainability?

Progressive is committed to sustainability and responsible environmental practices. The company focuses on reducing its carbon footprint through initiatives such as energy-efficient building designs, a strong recycling program, and supporting community programs that encourage sustainable practices. Progressive strives to incorporate corporate responsibility into its operations.

What is Progressive's customer service number?

Progressive's customer service number can vary based on the specific needs of customers, such as claims or policy inquiries. However, for general customer service inquiries, customers can typically reach out at 1-800-PROGRESSIVE (1-800-776-4737). This number is available 24/7 to assist customers with their insurance needs.

What is Progressive's policy on using telematics?

Progressive actively uses telematics in their Snapshot program to gather driving data from participants, which can help assess driving behavior and offer premium discounts. The company values the insights gained from telematics, both for improving customer safety and for underwriting purposes, emphasizing transparency and customer consent in data usage.

What is Progressive's Snapshot program?

Progressive's Snapshot program is a usage-based insurance program that collects data on driving behavior through a mobile app or a device installed in the vehicle. Customers who participate can receive personalized discounts on their auto insurance premiums based on safe driving habits, promoting safer driving while providing cost-saving opportunities.

What is the claims process like at Progressive?

The claims process at Progressive is designed to be straightforward and efficient. After a claim is reported, a claims representative is assigned to guide customers through the process, which includes assessment of damages, communication regarding coverage, and arranging for repairs if needed. The company emphasizes transparency and expediency to enhance the customer experience.

What technology does Progressive use to enhance its services?

Progressive leverages a wide array of technologies, including artificial intelligence, data analytics, and machine learning to optimize its underwriting processes and improve customer service. The company's digital platforms offer customers enhanced capabilities for managing their policies and claims, reflecting their commitment to technological innovation in the insurance industry.

What types of insurance does Progressive offer?

Progressive offers a broad range of insurance products including auto insurance, motorcycle insurance, boat insurance, homeowners insurance, renters insurance, and commercial auto insurance. Additionally, the company provides specialized insurance for recreational vehicles, and offers various discounts and innovative coverage options to meet different customer needs.

When was Progressive Corp founded?

Progressive Corp was founded in 1937 by Joseph Lewis and Jack Green. Initially starting as a provider of auto insurance, the company has grown significantly over the decades and now offers a wide range of insurance products while also pioneering new technologies in the insurance industry.

Where is Progressive Corp headquartered?

Progressive Corp's headquarters is located in Mayfield Village, Ohio. The location serves as the central hub for its operations, where key functions such as corporate management, marketing, and technology development take place. The area has contributed to enhancing Progressive's collaborative work environment and culture.

What is the current price of Progressive Corp,Ohio?

The current price of Progressive Corp,Ohio is 281.23

When was Progressive Corp,Ohio last traded?

The last trade of Progressive Corp,Ohio was at 7:00 pm EDT on April 2nd, 2025

What is the market capitalization of Progressive Corp,Ohio?

The market capitalization of Progressive Corp,Ohio is 164.57B

How many shares of Progressive Corp,Ohio are outstanding?

Progressive Corp,Ohio has 585.16M shares outstanding.