Yes, Progressive is an "A+" rated insurance company, according to financial analysis by AM Best. AM Best's "A+" designation means that Progressive is in an excellent position to pay out claims to customers.
Car insurance companies are rated on a variety of metrics in addition to financial strength, including customer satisfaction and claims processes. Below, you can find a few additional ratings for Progressive that speak to its overall reputation.
Notable Progressive Ratings
- AM Best: A+
- WalletHub Editors: 3.9/5
- JD Power: 4.1/5
- NAIC: 1.45
- BBB: A+
To learn more, check out WalletHub's review of Progressive.
This answer was first published on 10/10/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
