Progressive Commercial Insurance: Quotes From $11

 

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.

 

Underwriting Appetite: Which Businesses Does Progressive Commercial Insure?

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

–Beauty salons

-Medical spas

-Reiki spas

-Day spas

 

Policies You Can Avail from Progressive Commercial Insurance

We visited the company’s page in order to see the policies you can avail. Progressive business insurance policies are as follows:

  • Commercial liability insurance policies
  • Commercial property insurance
  • Business owner’s policy
  • Commercial auto insurance
  • Workers comp insurance
  • Inland marine insurance
  • Commercial truck insurance

Progressive Business Liability Insurance

Progressive business liability insurance shields your business from third-party claims. This is available as:

  • General liability insurance
  • Professional liability insurance
  • Cyber liability insurance

Progressive Commercial General Liability Insurance 

Progressive Commercial general liability insurance protects your business against third-party claims for bodily injuries or property damage. It covers the following costs:

  • Medical payments
  • Settlements
  • Reimbursements for property damage
  • Defense costs and court judgments

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

 

Compare Progressive Commercial Business Insurance Quotes Online

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Progressive Professional Liability Insurance 

Progressive Commercial sells professional liability insurance that covers defense costs, settlements, and judgments if your business is sued for:

  • Negligence
  • Errors and omissions
  • Misrepresentation
  • Breach of contract
  • Breach of confidentiality

Progressive Workers Compensation Insurance

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:

  • Ambulance fees and emergency medical treatment
  • Hospitalization
  • Rehabilitation
  • Medication
  • Lost wages
  • Death benefits

Progressive Commercial Property Insurance

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. 

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Progressive Commercial Auto Insurance 

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 auto 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:

  • Business auto
  • Sports utility vehicle
  • Bus
  • Limousine
  • For-rent motorhomes
  • Tractor-trailers
  • Box trucks
  • Food trucks

By the way, Progressive Commercial vehicle insurance doesn’t cover the following:

  • Double-decker buses
  • Emergency vehicles
  • Monster trucks
  • Golf carts
  • Pinzgauer, Unimog, and other military vehicles
  • Wheelchair buses
  • Vehicles manufactured before 1931

 

Progressive Commercial Truck Insurance

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:

  • Motor truck cargo-Allows you to reimburse the client if their cargo got lost or damaged during delivery
  • Motor truck general liability-Covers cost if you’re trucking business is accused of bodily injuries, property damage, and reputational harm
  • Non-trucking liability– Shoulders finances if your truck caused an accident and injured third parties or damaged property while being used for personal errands
  • Trailer interchange-Shoulders the repair or replacement costs for borrowed or hired trailers you’re using under trailer interchange agreement

Progressive Dump Truck Insurance

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: How To Retrieve Quote

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. 

Compare Progressive Commercial Business Insurance Quotes Online

Get all the best quotes from leading providers in a click of a button!

Retrieving Your Progressive Business Insurance Quote  

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. 

  • Type of insurance quote Progressive issued to you before
  • Quote number or email address
  • Last name
  • Zip code

 

 

Progressive Commercial Insurance Cost

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

 

Progressive Commercial Insurance Bundle Discount

There are different kinds of Progressive Commercial insurance bundle discounts:

  • Package discount for customers who bought a BOP
  • Commercial vehicle+personal auto discount
  • Progressive Advantage® Business Program discount

 

Progressive Commercial Insurance Review

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

Pros

  • Offers a lot of discounts
  • Customizable policy limits
  • Numerous add-ons to commercial auto insurance
  • Helps with federal and state filings

Cons

  • Poor reviews on Better Business Bureau
  • Some policies sold by Progressive Commercial are underwritten by partners

 

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