Progressive Car Insurance - Progressive Insurance Company
Progressive Insurance Company, which primarily offers Progressive car insurance, is the third largest vehicular insurance company in the United States. It currently offers Progressive car insurance to over thirteen million clients. With its headquarters based in Ohio, Progressive enjoys an excellent reputation for customer service and low insurance premiums. In addition to automobile insurance, the company also provides property casualty insurance and other related services to its customer base. This car insurance giant divides its product offerings into three different segments; personal lines, commercial automobile, and other indemnity.
The personal lines segment underwrites insurance for automobiles and recreational vehicles. The commercial automobile segment provides insurance for the liability of vehicles and the potential physical damage for vehicles that are owned and maintained by small businesses. The other indemnity line offers professional liability insurance specifically to community banks, directors, and other officers. These differing product lines currently provide insurance services in twenty five states across the United States.
Founded in 1937 by Joseph Lewis and Jack Green, the company's original intent was to provide security and protection for motorists in the burgeoning automobile industry. Due to a wide variety of options, payment options, and an unsurpassed level of personalization when it came to customizing a policy, Progressive Insurance Company has always remained a popular option for consumers when it comes to purchasing a car insurance policy.
Progressive was among the first automobile insurance companies to offer an insurance policy that could be paid for in monthly installments. Unlike other companies of the period, its targeted demographic was always the general public. Even since its inception, Progressive Insurance Company allowed a motorist to file a claim with its claims service twenty four hours a day, seven days a week. In the 1930's and 1940's, this was a revolutionary concept. In 1995, the company redirected its focus from standard automobiles to offering non standardized insurance for other methods of transportation.
The popularity of this redirection allowed the company to amass $2.5 billion in premiums during that year. The next year, in 1996, Progressive Insurance Company launched its website with its infamous rate comparison shopping tools. Once again, this concept was considered to be a revolutionary move in the insurance industry. The continued accuracy of such tools further enhanced its popularity among consumers. Its ability to remain at the forefront of cutting edge technology allows Progressive Insurance Company to assure its customers that it offers only quality when it comes to their products; thereby, increasing its popularity even further among modern day motorists.
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Progressive is a registered trademark of Progressive. Progressive is not affiliated with, nor does it endorse or sponsor, the contents of this webpage or the InsureWish.com website. Trademarks referring to this provider are used by InsureWish.com for nominative purposes only; to identify the source of the products from which the information is provided. Such trademarks are solely the property of the respective owners.
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