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What is commercial insurance from Progressive?

Advance Commercial Insurance holds the ninth position on the Insurance Information Institute's list of the best business insurance companies for the year 2021. This business has a market share of 2.6% and gross written premiums of $10,282,191.

Additionally, Progressive claims to be the most popular motorcycle, watercraft, and commercial auto insurance provider in the nation. The following are a few quick facts that may support this claim:

Over the past 50 years, Progressive has underwritten and sold motorcycle insurance. It has insured more than 1.2 million watercraft. Progressive has insured more than 1 million commercial vehicles. It even hosts motorcycle rallies like Ohio Bike Week, Laconia Bike Week, Motoblot, the Sturgis Motorcycle Rally, and Bikes, Blues, & BBQ. Progressive was founded in 1937 by lawyers Josh Lewis and Jack Green as a mutual insurance company that sold auto insurance and underwrote it. Progressive launched first-of-its-kind insurance industry initiatives as it continued to operate:


  • 1937: First drive-in claims office; 
  • 1994: First auto insurance rating comparison; 
  • 1995: First website where customers can buy auto insurance policies and get covered immediately; 2003: First company to use service centers to streamline customer claims; 
  • 2008: First company to introduce usage-based insurance plug-in device;
  •  2009: First company that allows customers to determine the rates of their premiums; 
  • 2017: First company to introduce multiple home insurance quoting platforms. At the present time, Progressive Commercial continues to offer insurance solutions that are user-centric and effective.

Conclusion

Online quotes, premium payments, and insurance management are all possible. You can even file and track claims online with the company. You can also ask Progressive Commercial to handle your state and federal paperwork.

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