Facts & firsts

Key moments and innovative firsts in Progressive's history

Fast facts

  • No. 2 Auto Insurer in the U.S.: Progressive is the second-largest private passenger auto insurer in the U.S. providing reliable coverage to millions of drivers nationwide.
  • Fortune 500 Ranking: Ranked No. 57 on the Fortune 500 list in 2025, with 2024 revenues of $75.4 billion, showcasing its financial strength and industry leadership.
  • Snapshot Usage-Based Insurance: Progressive’s Snapshot® program has logged over 100 billion miles, leveraging telematics to offer competitive insurance pricing and personalized rates for drivers. Since 2009, Snapshot has provided $2.2 billion in discounts to drivers.
  • Policies in Force: Progressive ended fiscal year 2025 with more than 38 million active insurance policies, demonstrating its strong customer base and customer acceptance. (March 2025)
  • Employee Count: Employs about 70,000 professionals nationwide, ensuring top-tier service and support across the U.S. (December 31, 2025)
  • Commercial Insurance Leadership: Progressive is the No. 1 commercial auto insurer, covering 1.2 businesses and more than 2.3 million commercial vehicles and offering tailored solutions for small businesses and fleets.
  • Specialty Insurance Leader: No. 1 motorcycle insurer and has been serving customers for more than 50 years. And from motorhome to travel trailer, Progressive is a leader in RV insurance.
  • Boat Insurance: Insures over 1.9 million watercraft, including boats and personal watercraft, maintaining its leadership in recreational vehicle insurance.
  • Homeowners Insurance Growth: Progressive ranks among the top 15 homeowners insurance carriers in the U.S. based on 2024 premiums written, with 3.5 million property policies in force, offering bundled home and auto insurance solutions.

Notable innovations & firsts

  • Digital Innovation: Progressive was the first major auto insurer to sell policies online in real-time (1997), revolutionizing the insurance shopping experience.
  • Usage-Based Insurance Pioneer: Introduced MyRate® plug-in device in 2008, the precursor to Snapshot®, setting the foundation for telematics-based insurance.
  • Customer-Centric Tools: Launched the Name Your Price® tool in 2009, empowering customers to customize their insurance plans based on budget.
  • Real-Time Crash Detection: Introduced Accident Response in 2024, enabling real-time accident detection and emergency service connection for customers.
  • Commercial Fleet Programs: In 2024, Progressive elevated commercial auto insurance by introducing dashcam premium discounts through Smart Haul® and Snapshot ProView®.
  • HomeQuote Explorer®: Progressive introduced its home insurance quoting platform in 2017, simplifying homeowners insurance comparisons and purchases.
  • Social Responsibility & Community Impact:
    • Progress on the road: Progressive’s Keys to Progress® program has donated more than 1,200 vehicles to veterans and veteran-related organizations since 2013, offering veterans reliable transportation to help them access work, medical care and community engagements.
    • Progress in the home: Over the past two years, “Open the House” initiative has contributed more than $9 million toward making homeownership more attainable through housing access, homeowner counseling, and downpayment assistance.
  • Industry Recognition: Recognized as a Gallup Exceptional Workplace for the fifth consecutive year and ranked highly on Fortune’s World’s Most Admired Companies and ranked No. 22 on Fortune’s AIQ 50, benchmarking companies’ readiness to scale AI.
  • Employee Charitable Giving: In 2025 Progressive contributed $25 million to charitable causes and our Volunteer Time Off (VTO) program had almost 18,000 of our employees donate 132,000 hours of service to local charities.  

For a full list of notable events at Progressive, visit our Company timeline.

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