News Release

Better New York drivers pay less for car insurance with one-of-a-kind program from Progressive

Safe, low-mileage New York drivers could save up to 30 percent in 30 days

MAYFIELD VILLAGE, Ohio — December 6, 2010 — Business travelers who park their cars at the airport several days a week. Families with an extra car they only drive occasionally. Drivers who avoid slamming on the brakes. They're all less likely to be in an accident and can save money on their car insurance with a new program from Progressive.

With Progressive's SnapshotSM, customers can save up to 30 percent on their car insurance based on how, how much, and when they drive.

How it Works

  • After drivers sign up for the Snapshot program, we send them a device that fits in the palm of their hand and plugs into the on-board diagnostic (OBD) port of their car. The device records and sends the driving data to us.
  • After 30 days, customers will find out if they're eligible for a discount — up to 30 percent — based on their driving habits and will see that discount applied to their policy. People who drive less, in safer ways and during safer times of day are more likely to get a discount.
  • At the end of the six-month policy term we determine the renewal discount and the customer returns the device to us.
  • We may periodically check in with customers to get an updated picture of their driving by asking them to plug in the device again.

Other Facts

  • The Snapshot program is available to New York drivers who buy policies directly from Progressive.
  • Customers can log in to their policy on progressive.com during the six-month period the device is plugged in to see how their driving habits affect their rate, and, if they choose, make changes that could lead to greater savings. Customers will also see whether they are on track for a discount after 30 days.
  • Snapshot is voluntary and customers can opt out at any time. It won't make customers' rates go up.
  • The Snapshot device measures how, how much and when customers drive their vehicle. It doesn't have GPS, so it doesn't track a vehicle's location.

Quotes

Richard Hutchinson, Progressive's general manager of usage-based insurance
"More than 100,000 customers countrywide get personalized car insurance rates by sharing a picture of how, how much, and when they drive. Now, New York customers are just 30 days away from saving up to 30 percent with the Snapshot program."

"The Snapshot Discount is transforming auto insurance because, for the first time, drivers can pay for car insurance based on how they drive."

Links

http://www.progressive.com/snapshot/

About Progressive
The Progressive Group of Insurance Companies makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can engage whenever, wherever and however it's most convenient for them´┐Żonline at progressive.com, by phone at 1-800-PROGRESSIVE, or in-person with a local agent.

Progressive offers insurance for personal and commercial autos, motorcycles, boats, recreational vehicles and homes. It's the fourth largest auto insurer in the country, the largest seller of motorcycle insurance and a leader in commercial auto insurance. Progressive also offers car insurance online in Australia at http://www.progressiveonline.com.au.

Founded in 1937, Progressive continues its long history of challenging the insurance industry with shopping tools and services that save customers time and money, like Name Your Price®, the Snapshot DiscountSM, and a concierge level of claims service.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, are publicly traded at NYSE:PGR.

###