Third-party financial ratings
Price is a common consideration when you shop for car insurance, but let's take one step back from that. You need to feel reassured that the savings you're looking for come from an insurer you can count on. Progressive is that trusted insurer, as our financial strength is reflected in our strong third-party ratings.
These financial ratings are from third-party companies and help determine how likely a company is to meet its financial obligations. We have received some of the highest financial ratings and honors from A.M Best and other leading organizations, which means that we have a superior ability to honor our insurance commitments and pay claims for our customers.
Progressive's financial ratings from third-party companies
|Rating organization||Progressive rating||Description from rating organization|
|A.M. Best||A+ Superior||Highest rating and reserved for companies that have a superior ability to meet ongoing insurance obligations|
|Standard and Poor||AA||Rating reserved for companies that have a very strong capacity to meet financial requirements|
|Moody’s Investors Services||Aa||Rating reserved for high-quality companies that have a very low credit risk|