PGR · 10-Q · 2026Q3 · Full report

Distribution Channels

PROGRESSIVE CORP/OH/ · 2026-11-02 · Importance 13 · Surprise 6

Personal auto business was 41% agency and 59% direct during the third quarter of 2026, with agency distribution supported by more than 40,000 independent insurance agencies and brokerages in New York and California. Personal auto agency applications grew in 20 states, including six of Progressive’s 10 largest agency states. Independent agents generated 55% of special lines and 69% of personal property net premiums written, with the remainder from direct distribution. Commercial Lines was predominantly distributed through independent agencies, while Progressive continued to target growth in direct commercial auto.

Key facts

• For third quarter 2026, 41% of Progressive’s personal-auto business was written through the agency channel and 59% through the direct channel. source
• Progressive generated new agency personal-auto application growth in 20 states in third quarter 2026, including six of its 10 largest agency states. source
• At September 30, 2026, 9% of agency personal-auto policies in force had 12-month terms, compared with 11% at September 30, 2025. source
• In third quarter 2026, 55% of special-lines net premiums written and 69% of personal-property net premiums written came through the independent-agency channel. source
• At September 30, 2026, 82% of Commercial Lines policies in force had 12-month terms; about 11% of core commercial auto premiums were written through the direct channel. source
• Progressive writes personal property insurance for homeowners, renters, umbrella, and flood through the National Flood Insurance Program’s “Write Your Own” program, using agency and direct channels. source