Some of the products on this page come from partners who may compensate us when you click on their links or take specific actions. This helps us keep our content free. That said, our opinions are our own and based on independent analysis.
Progressive Commercial Insurance is a good option if you’re a businessman looking for a company that underwrites business insurance with competitive rates, customizable limits, numerous options, and other perks.
This article we’ll get you acquainted with Progressive Commercial Insurance company, discuss the business insurance policies it offers, show ratings and reviews.
Understanding Progressive Commercial Insurance
Progressive Commercial Ins. holds the 9th spot in the Insurance Information Institute ranking of the leading business insurance companies in 2021. This company has $10,282,191 gross written premiums and a market share of 2.6%.
Progressive also hails itself as the number one motorcycle, watercraft, and commercial auto insurance company in the United States.
Lawyers Josh Lewis and Jack Green founded Progressive in 1937 as a mutual insurance company that underwrote and sold auto insurance. As it continued operating, Progressive launched initiatives that were the first of their kind in the insurance industry
At present, Progressive Commercial continues to provide user-centric and efficient insurance solutions.
In insurance lingo, an underwriting appetite is specific risk groups that an insurance company is inclined to provide coverage. In connection, here’s a table showing which ventures Progressive small business insurance caters:
| Business Sector | Particular Business Covered |
| Retail | -Appliances and electronics
-Antiques, art, gifts, flowers, general stores, thrift shops -Auto, motorcycle, and tire dealers -Books, comics, and newsstands -Construction, gardening, and furniture supplies –Fashion/clothing, jewelry, and footwear stores -Cosmetics stores -Grocery and convenience stores |
| Food and hospitality | -Full-service restaurants that don’t serve alcohol
-Full service restaurants that sell alcohol -Fast-food, take-out, and deliveries -Caterers Nightclubs |
| Manufacturing | -Breweries and wineries
-Apparel and accessories manufacturing -Candle manufacturing -Food manufacturing -Personal care products manufacturing -Wood products manufacturing -Signage makers -Soap manufacturing -Bread factories |
| Construction | -Commercial building contractors
-Frame contractors -General contractors -Home addition contractors -New home contractors -Renovation contractors |
| Wholesale | -Fashion and accessory wholesalers
-Automobile wholesalers -Alcoholic beverage wholesalers -Constructions supply wholesalers -Food wholesalers |
| Arts, entertainment, and recreation | -Campgrounds
-Recreation and sports centers -Entertainers and performers -Musical groups |
| Education/consulting | -Agriculture consulting firms
-Business management consulting firms -IT consulting firms -Marketing consulting firms -Safety consulting firms -Scientific and technical consulting firms -Driving schools -Teachers |
| Real estate | –Real estate agent offices
-Real estate broker offices |
| Finance | -Financial advisors
-Accounting and bookkeeping firms -Credit intermediation service firms -Office administrative support firms |
| Agriculture | -Farms
-Fisheries -Lumbermills and tree companies -Sports hunting businesses |
| Transportation | -Limousine
-Trucking -Medical transportation (except commercial EMTs) -Freight brokers -Scenic cruises and land trips |
| Professional and technical services | -Law firms
-Residential cleaning businesses –Commercial cleaning businesses -Linoleum installers -Hardwood flooring installers -Computer repair and maintenance -Truck tractor repair and maintenance shops -Upholstery -Lawn sprinkler installers -Junk and debris removal businesses -Garbage collection businesses -Personal chefs |
| Healthcare | -Physicians
-Dentists -Orthodontists -Pathologists -Mental health practitioners |
| Personal care | -Barbershops
-Medical spas -Reiki spas -Day spas |
We visited the company’s page in order to see the policies you can avail. Progressive business insurance policies are as follows:
Progressive business liability insurance shields your business from third-party claims. This is available as:
Progressive Commercial general liability insurance protects your business against third-party claims for bodily injuries or property damage. It covers the following costs:
In addition Progressive allows you to customize the limits of its general liability insurance in case you need to have more coverage to satisfy contract requirements.
| Limits | |
| Bodily injury and property damage coverage per occurrence limit | $1 million |
| Bodily injury and property damage coverage aggregate limit | $2 million |
| Products and completed operations coverage aggregate limit | $2 million |
| Advertising injury coverage aggregate limit | $100,000 |
| Medical payments coverage limit | $5,000 |
Get all the best quotes from leading providers in a click of a button!
Progressive Professional Liability Insurance
Progressive Commercial sells professional liability insurance that covers defense costs, settlements, and judgments if your business is sued for:
| Limits | |
| Bodily injury by accident | $500,000 |
| Bodily injury by disease | $500,000 |
| Each employee’s bodily injury by disease | $500,000 |
You can avail workers’ compensation insurance from Progressive. Policy limits are customizable just like the previous Progressive Commercial policy in the section above.
Workers’ compensation insurance kicks in when an employee sustains a work-related injury or disease and takes care of the following costs:
| Limit | |
| General liability per occurrence | $1 million |
| General liability aggregate | $2 million |
| Commercial property minimum building coverage | $25,000 |
| Commercial property minimum contents coverage | $15,000 |
You get Progressive Commercial property insurance if you decide to purchase a BOP. A business owner’s policy is a combination of general liability and commercial property insurance. However, it can also offer additional business insurance policies.
| Limit | |
| Bodily injury and property damage coverage | $1 million combined single limit |
| Uninsured motorist bodily injury coverage | $1 million combined single limit |
| Uninsured motorist property damage coverage | $1 million combined single limit |
| Medical payments coverage | $500 (minimum) |
| Comprehensive physical damage coverage | $5,000 (minimum) |
| Collision physical damage coverage | $5,000 (minimum) |
Purchase Progressive Commercial car insurance if your business owns a commercial vehicle and is using it to transport goods, equipment, clients, or workforce. These are the most common vehicles you can insure with Progressive business auto insurance:
By the way, Progressive Commercial vehicle insurance doesn’t cover the following:
Motor carriers, private carriers, and owner-operators using trucks, tractors, and other similar power vehicles can get Progressive Commercial truck insurance that offers the following primary coverages:
Progressive’s dump truck insurance is a tailored commercial vehicle insurance product for debri-removal businesses, garbage collectors, construction companies, and others. Primary coverages are bodily injury and property damage liability.
Progressive Commercial allows you to get a quote online. The company doesn’t force you to purchase a policy instantly. You can leave your Progressive online quote and take a look at the offer of another company.
Progressive Commercial insurance quotes are very easy to retrieve.
Get all the best quotes from leading providers in a click of a button!
Step 1
To retrieve your Progressive business insurance quote, visit the Progressive Commercial website. While on the website look for this box where you can choose different business insurance policies.
Click on retrieve a quote placed in its lower left corner.
Step 2
After doing step 1, you will be taken to this page.
Input the following data, click the retrieve quote button, then you’ll receive your Progressive business insurance quote once again.
The table below shows the average cost of Progressive Commercial insurance policies:
| Cost per Month | Cost per Year | |
| General liability | $48 | $576 |
| Professional liability | $56 | $672 |
| Business owner’s policy | $101 | $1,212 |
| Commercial auto | $187 | $2,244 |
| Commercial truck insurance | $640 | $7,680 |
| Boat Insurance | $65.22 | $782.64 |
There are different kinds of Progressive Commercial insurance bundle discounts:
The company provides different kinds of business insurance products to customers.The company has excellent ratings in AM Best and Consumer Affairs.
Average cost of $1 million general liability policy: $48 per month
Our rating: 9/10
Do you have U.S. insurance expertise/experience? Would you like to become a voice at Insuranks, help businesses and individuals, and showcase your authority online? Write us!
Not all those who wander are lost.
Disclosure: Insuranks.com is an independent educational comparison service and an advertising-supported publisher. Some of the companies/offers that appear on the website are from our partners which we may receive compensation from. This may influence which companies/offers we write about and where and how it appears on the site. However, this does not impact our assessments. We solely highlight companies, products, and offers that can help you make smarter insurance decisions.
