PGR · 10-Q · 2026Q2 · Full report

Revenue Performance and Mix

PROGRESSIVE CORP/OH/ · 2026-08-03 · Importance 49 · Surprise 32 · In source text

Companywide net premiums written increased 5% year over year to $21.1 billion in the second quarter of 2026, while net premiums earned increased 6% to $21.6 billion. Personal Lines generated $18.6 billion of net premiums written, up 5%, and represented 88% of companywide net premiums written. Commercial Lines net premiums written increased 4% to $2.5 billion, while policies in force increased 3%. Companywide policies in force reached 40.1 million, up 7% from 37.3 million at June 30, 2025, including 9% growth in personal auto policies and 3% growth in Commercial Lines.

Key facts

• Personal Lines represented 88% of companywide net premiums written during the second quarter 2026. source
• Companywide net premiums written were $21.1 billion for the second quarter 2026. source
• Personal Lines net premiums written increased 5% with personal vehicle business increases of 2% in agency and 8% in direct, and personal property increased 1% for Q2 2026. source
• Progressive surpassed the 40 million policies in force milestone by adding 0.5 million policies during the quarter. source
• Personal Lines policies in force increased 8% for the second quarter 2026. source
• Personal auto policies in force were up 9% compared to June 30, 2025. source
• Commercial Lines policies in force increased 3% for the second quarter 2026. source
• For Q2 2026 average written premium per policy decreased 2% in personal auto, decreased 2% in personal property, and decreased 3% in core commercial auto versus prior year. source

Impact estimates