Current Liabilities
Unearned premiums
Progressive Unearned premiums increased by 10.6% to $27.89B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.8%, from $26.61B to $27.89B. Over 5 years (FY 2020 to FY 2025), Unearned premiums shows an upward trend with a 13.4% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2014
Last reportedQ1 2026May 4, 2026
How to read this metric
Growth in unearned premiums typically signals successful sales and growth in the insurance portfolio.
Detailed definition
The portion of premiums collected in advance that relates to the unexpired period of the insurance policy. This represen...
Peer comparison
Common across all insurance sectors; serves as a leading indicator for future earned premium revenue.
Metric ID:
ins_unearned_premiumsHistorical Data
20 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $15.56B | $16.67B | $15.62B | $16.99B | $17.27B | $17.80B | $17.29B | $19.84B | $20.07B | $20.76B | $20.13B | $22.91B | $23.68B | $24.77B | $23.86B | $26.61B | $26.34B | $26.82B | $25.22B | $27.89B |
| QoQ Change | — | +7.2% | -6.3% | +8.8% | +1.7% | +3.0% | -2.8% | +14.7% | +1.1% | +3.4% | -3.0% | +13.8% | +3.4% | +4.6% | -3.7% | +11.5% | -1.0% | +1.8% | -6.0% | +10.6% |
| YoY Change | — | — | — | — | +11.0% | +6.8% | +10.7% | +16.8% | +16.2% | +16.7% | +16.4% | +15.4% | +18.0% | +19.3% | +18.5% | +16.2% | +11.2% | +8.3% | +5.7% | +4.8% |
Range$15.56B – $27.89B
CAGR+13.1%
Avg YoY Growth+13.3%
Median YoY Growth+15.8%
Unearned premiums at Other Companies
Frequently Asked Questions
- What is Progressive's unearned premiums?
- Progressive (PGR) reported unearned premiums of $27.89B in Q1 2026.
- How has Progressive's unearned premiums changed year-over-year?
- Progressive's unearned premiums increased by 4.8% year-over-year, from $26.61B to $27.89B.
- What is the long-term trend for Progressive's unearned premiums?
- Over 5 years (2020 to 2025), Progressive's unearned premiums has grown at a 13.4% compound annual growth rate (CAGR), from $13.44B to $25.22B.
- What does unearned premiums mean?
- Premiums received for insurance coverage that has not yet been provided.