Total personal auto policies in force were down month-over-month.
The Progressive Corporation (NYSE:PGR) reported its total personal auto insurance policies in force were 19,479,600 in October, down 39,000 or 0.2% from 19,518,600 in September. October’s policies in force represent an increase of nearly 1.8 million or 10.2 % from 17,680,400 in October 2022.
While up on an annual basis, the dramatic growth in Progressive’s policies in force has stopped. 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
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.