Progressive Commercial

What Progressive Commercial does

Progressive Commercial is the commercial insurance division of The Progressive Corporation (NYSE: PGR), an Ohio-domiciled insurance holding company. The division began offering commercial auto insurance in 1971 and has operated for over 50 years. It underwrites and distributes commercial auto, truck, and business insurance products to small and mid-sized businesses across all 50 states, including specialized coverage for cars, pickup trucks, vans, trailers, SUVs, semis, dump trucks, tow trucks, food trucks, and box trucks, as well as livery, rideshare, taxi, and non-emergency medical transportation vehicles. As of 2022, the division reported over 1 million Commercial Lines policies in force.

The product portfolio spans commercial auto, Business Owners Policy (BOP), general liability, workers' compensation (available in 45 states), professional liability, cyber insurance, commercial property, Employment Practices Liability, Errors & Omissions, inland marine, liquor liability, excess and surplus lines, tail coverage, and Heavy Truck Roadside Assistance. Underwriting entities include Progressive Casualty Insurance Company (C.A. #6007), United Financial Casualty Company, and the entities acquired through the 2021 Protective Insurance Corporation acquisition. Proprietary technology components include the Smart Haul® ELD-based usage program for for-hire truckers, Snapshot ProView® for commercial fleet telematics-based pricing, the Business Quote Explorer (BQX) online quoting platform, and a dash cam integration partnership with KeepTruckin (now part of Samsara).

The business model is recurring premium-based with monthly and annual billing cycles. Distribution is multi-channel: direct-to-consumer via progressivecommercial.com and the Progressive mobile app, phone sales and service through three call centers in Austin, Cleveland, and Colorado Springs, and a nationwide independent agent network accessed through Progressive Agent and the For Agents Only portal. Progressive Commercial is ranked #1 commercial auto insurer by SNL Financial (continuously since 2015) and #1 truck insurer by S&P Global Market Intelligence (2024).

Name

Progressive Commercial

Legal name

United Financial Casualty Company

Website

https://progressivecommercial.com

Company type

Public

Founded year

1971

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Progressive Commercial is the commercial insurance division of The Progressive Corporation (NYSE: PGR), underwriting commercial auto, truck, and business insurance for hundreds of thousands of small businesses across all 50 states.

Ownership category

akta.pro rank

Product category

Commercial Insurance

akta.pro primary industry

Fleet & Commercial Auto Liability (FSAJABAA)

akta.pro secondary industries

Commercial Auto for Specialty Vehicles (Tow Trucks, Limousines, Dump Trucks, etc.) (FSAJABAG), Small Business BOP (Main Street) (FSAJAFAA), Commercial Property Insurance (FSAJACAE)

Keywords

• Commercial auto insurance
• Truck insurance
• Business owners policy
• Workers compensation insurance
• General liability insurance

Headquarters

HQ city

Cleveland

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Revenue model

1. Commercial Auto Insurance Premiums: Primary revenue stream from commercial auto insurance policies for vehicles including cars, pickup trucks, vans, trailers, SUVs, semis, dump trucks, tow trucks, and more. Revenue is generated through recurring insurance premiums billed monthly, annually, or on multi-year terms.
2. Business Insurance Premiums: Revenue from bundled and standalone business insurance including General Liability, Professional Liability, Workers' Compensation, Business Owners Policies (BOP), and Cyber Insurance. Offered across 45+ states for workers' comp (excludes monopolistic states OH, ND, WA, WY).
3. Business Owners Policy (BOP): Combined general liability and commercial property coverage in a single policy. In 2023, new Progressive customers paid a median price of $63 per month for a BOP.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Progressive Commercial provides commercial auto and business insurance products to small business owners across all 50 U.S. states. Its offerings include commercial auto insurance for cars, pickup trucks, vans, trailers, SUVs, semis, dump trucks, tow trucks, and box trucks, plus business insurance lines such as General Liability, Business Owners Policy (BOP), Workers' Compensation, Professional Liability, Cyber Insurance, and Commercial Property Insurance. Policies are sold direct-to-consumer online, through independent agents, and via phone-based call centers.

Product overview

Progressive Commercial is a commercial insurance division offering a comprehensive portfolio of business insurance products and specialized vehicle coverage. The core product offerings include Commercial Auto Insurance covering various business vehicles (cars, pickup trucks, vans, trailers, SUVs), and Truck Insurance covering commercial trucks for freight, delivery, and logistics services. These are supported by specialized vehicle coverages including Van Insurance, Dump Truck Insurance, Food Truck Insurance, Tow Truck Insurance, Box Truck Insurance, Pickup Truck Insurance, and Livery Insurance with sub-products for Black Car/Limousine, Rideshare, Taxi, and Non-Emergency Medical Transportation. The Business Insurance portfolio encompasses General Liability Insurance, Business Owners Policy (BOP) combining liability and property coverage, Workers' Compensation Insurance, Professional Liability Insurance, and Cyber Insurance. Additional business coverages include Commercial Property Insurance, Employment Practices Liability Insurance, Errors & Omissions Insurance, Excess and Surplus Lines Insurance, Inland Marine Insurance, Tail Coverage, Liquor Liability Insurance, Progressive Advantage Business bundled program, and Heavy Truck Roadside Assistance. Progressive Commercial has been offering commercial insurance since 1971 and is ranked #1 commercial auto insurer by SNL Financial since 2015.

Differentiator

Problem solved

Functional benefit

Brands

• Progressive: Parent brand - nation's third largest auto insurance company with website progressive.com offering personal insurance products
• Progressive Commercial
• Progressive Agent
• Progressive Snapshot
• Progressive Answers
• Smart Haul
• Snapshot ProView
• Progressive Advantage Business
• For Agents Only

Products and services

• Commercial Auto Insurance
• Truck Insurance
• Van Insurance
• Dump Truck Insurance
• Food Truck Insurance

Named customers2 records

Segments5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered core.

• KeepTruckin (Samsara)coreTechnology or IntegrationProgressive partnered with KeepTruckin (now part of Samsara), a national leader in fleet management and dash cam technology, to create a pilot program using KeepTruckin's dash cam platform to monitor and analyze how this technology can help reduce the time and cost associated with insurance claims. The partnership enables dash cam data to be used for driver coaching, fault determination in accidents, and faster claims resolution.
• Protective Insurance CorporationcoreOthersIn 2021, The Progressive Corporation acquired Protective Insurance Corporation, which specializes in covering fleet trucking operations and workers' compensation for transportation-focused businesses. This acquisition expanded Progressive's commercial trucking and workers' comp capabilities.

Scale indicators7 records

Recent moves10 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key highlights13 records

Customer concentration

• Xtwitter.com/progressive
• YouTubeyoutube.com/user/progressive
• Facebookfacebook.com/progressivecommercial
• Instagraminstagram.com/progressive
• TikToktiktok.com/@progressive

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Progressive Commercial