The Progressive Corporation is one of the largest providers of car insurance in the United States. Along with cars, it also insures motorbikes, boats, RVs and commercial vehicles. Progressive also deals in home insurance through other select companies. Progressive has spread its roots internationally too by starting to offer car insurance in Australia. It was co-founded in 1937 by Jack Green and Joseph M. Lewis, and is based out of Mayfield Village, Ohio. Progressive crossed the $1 billion mark in terms of written premiums in 1987. In 2016, that number crossed the $20 billion mark. Progressive is well known in the insurance sector for its innovative offerings. I was the first insurance company to come up with its own website and later invited customers to buy insurance from that website. It also pioneered the use of mobile browsers and smartphone apps for rating and managing policies. Progressive was also the first insurance company to offer 24/7 claims reporting.
Progressive has a unique tool which has immensely helped its customers to find the policies tailored to their needs. Progressive has termed this tool as ‘Name your Price’. They also have an online quotation generation tool which would give the customer a price quote along with the price quotes of a few of its competitors. Progressive also has numerous integrated discounts on offer such as multi-car and safe driver discounts. They have made it easy to create a custom package with just the right amount of coverage and a premium that works the best for the customers.