|Standard & Poor's||A|
Best known to the public for its charming mascot “Flo,” Progressive is a top-ranked, national car insurance company that offers extensive policy customization and several insurance discounts.
In 1937, Progressive was founded as the first ever drive-in claims office—the first to offer reduced rates for low-risk drivers. Progressive’s headquarters are located in Mayfield Village, Ohio, but the company has over 250 claims offices across the United States and works with over 30,000 insurance agents; it also has a robust online presence.
Progressive auto insurance has an "A+ Superior" financial rating from A.M. Best, an organization that assesses insurance companies' financial health and ability to honor their insurance commitment and pay for ongoing insurance obligations. This strong showing suggests that Progressive has an excellent record of paying their customers' claims.
Progressive holds a J.D. Power and Associates rating of 3 out of 5 for overall customer satisfaction.