Progressive made its name pricing risks that other auto insurers declined, and it now stands as the largest commercial auto writer in the country, with $10.8 billion in direct commercial premium in 2024. Attorneys Joseph Lewis and Jack Green started the company in Cleveland in 1937. Personal auto anchors the book, surrounded by motorcycle, boat, RV, ATV and UTV, classic car, snowmobile, and umbrella coverage, plus commercial auto, general liability, and business owner’s policies through Progressive Commercial. Usage-based pricing through Snapshot and the Name Your Price tool let you shape premium around how and how much you actually drive. AM Best affirmed the group’s Financial Strength Rating of A+ (Superior) in May 2026 with a stable outlook.
