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You are here: Home / News / Progressive Reports Personal Auto Policies in Force Down Slightly for Second Month in a Row

Progressive Reports Personal Auto Policies in Force Down Slightly for Second Month in a Row

August 16, 2023 By CollisionWeek Editor

Total personal auto policies in force remain up over 14% from last year.

The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,642,900 in July. July’s policies in force represent an increase of 14.0% from 17,233,900 in July 2022, but down 0.08% from 19,658,300 in June.

Growth appears to have stalled over the past three months. Progressive auto insurance policies in force peaked at 19,666,500 in May, up 14.3% over May 2022. June’s result, though slightly down from May, was actually up at a slightly higher percentage at 14.4% higher compared to last year.

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Filed Under: News Tagged With: Earnings, Net Written Premiums, Policies in Force, Progressive Insurance

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