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Progressive · 2025 report · 12 min

How Progressive is organized

Progressive sells car insurance in every state, through more than 40,000 independent agenciessec.gov ·2025 and through its own website. Who's in charge of all that, and why is one insurer dozens of companies?

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Ticket 01 · The guess

How many companies is Progressive?

Progressive, which says it's the second-biggest car insurer in the US, files a yearly report with the government, its Form 10‑K. Attached to it is a list of the companies it owns.

How many companies do you think are on Progressive's list?

30 companies
1150
Words to know

Spot something wrong?

Tell us what looks off. No name or email needed.

What kind of problem?

0 / 1000

We'll also send this page, the lesson, ticket 1, so we can find it. Nothing else. Privacy

·
Sources and every number (2)

Sources

  • Exhibit 21 to The Progressive Corporation's Form 10-K for 2025: Subsidiaries of The Progressive Corporation · The Progressive Corporation (filed with the U.S. SEC), 2025
  • The Progressive Corporation Form 10-K for the fiscal year ended December 31, 2025 · The Progressive Corporation (filed with the U.S. SEC), 2025

Every number

  • 77 companiessec.gov ·2025 · Counted by us: every subsidiary named in Exhibit 21 to the 2025 Form 10-K.
  • 10 statessec.gov ·2025 · States where Progressive's own insurance companies are based, or domiciled (Item 1, Insurance Licenses and Regulation).
  • 70,000 peoplesec.gov ·2025 · About this many employees at the end of 2025 (Item 1, Human Capital).
  • 40,000 independent agenciessec.gov ·2025 · More than this many independent insurance agencies sell Progressive's car insurance (Item 1, Agency Distribution Channel).
  1. Lessons›
  2. Big companies›
  3. Insurance
  • ·Before this: How insurance works
  • ·Next: Hurricanes, wildfires and reinsurance
  • ·Free guide: How insurance companies make money
Skip to the lesson
Back to the home page and map, from TryOwning · Progressive · Lesson 2
Part 1 of 3Part 1 of 3, 0 done

Progressive · 2025 report · 12 min

How Progressive is organized

Progressive sells car insurance in every state, through more than 40,000 independent agenciessec.gov ·2025 and through its own website. Who's in charge of all that, and why is one insurer dozens of companies?

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$
Ticket 01 · The guess

How many companies is Progressive?

Progressive, which says it's the second-biggest car insurer in the US, files a yearly report with the government, its Form 10‑K. Attached to it is a list of the companies it owns.

How many companies do you think are on Progressive's list?

30 companies
1150
Words to know

Spot something wrong?

Tell us what looks off. No name or email needed.

What kind of problem?

0 / 1000

We'll also send this page, the lesson, ticket 1, so we can find it. Nothing else. Privacy

·
Sources and every number (2)

Sources

  • Exhibit 21 to The Progressive Corporation's Form 10-K for 2025: Subsidiaries of The Progressive Corporation · The Progressive Corporation (filed with the U.S. SEC), 2025
  • The Progressive Corporation Form 10-K for the fiscal year ended December 31, 2025 · The Progressive Corporation (filed with the U.S. SEC), 2025

Every number

  • 77 companiessec.gov ·2025 · Counted by us: every subsidiary named in Exhibit 21 to the 2025 Form 10-K.
  • 10 statessec.gov ·2025 · States where Progressive's own insurance companies are based, or domiciled (Item 1, Insurance Licenses and Regulation).
  • 70,000 peoplesec.gov ·2025 · About this many employees at the end of 2025 (Item 1, Human Capital).
  • 40,000 independent agenciessec.gov ·2025 · More than this many independent insurance agencies sell Progressive's car insurance (Item 1, Agency Distribution Channel).
  1. Lessons›
  2. Big companies›
  3. Insurance
  • ·Before this: How insurance works
  • ·Next: Hurricanes, wildfires and reinsurance
  • ·Free guide: How insurance companies make money