Other

Unearned premiums

Progressive Unearned premiums increased by 449.1% to $2.67B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 2.9%, from $2.75B to $2.67B. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement
SectionOther
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026

How to read this metric

An increase indicates growth in the volume of policies in force, while a decrease suggests a contraction in the policy base.

Detailed definition

The net change in the portion of written premiums that has not yet been earned by the insurer. This represents the liabi...

Peer comparison

A primary indicator of top-line growth potential for all insurance companies.

Metric ID: other_increase_decrease_in_unearned_premiums

Historical Data

14 periods
 Q2 '21Q3 '21Q1 '22Q2 '22Q3 '22Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24Q1 '25Q3 '25Q1 '26
Value$443.10M$1.12B$1.38B$283.40M$522.10M$2.55B$225.80M$691.60M$2.77B$774.00M$1.09B$2.75B$487.00M$2.67B
QoQ Change+151.7%+23.3%-79.4%+84.2%+388.5%-91.1%+206.3%+301.0%-72.1%+41.0%+152.4%-82.3%+449.1%
YoY Change-36.0%-53.2%+85.4%-20.3%+32.5%+8.7%+242.8%+57.8%-0.7%-55.4%-2.9%
Range$225.80M$2.77B
CAGR+73.9%
Avg YoY Growth+23.5%
Median YoY Growth-0.7%

Frequently Asked Questions

What is Progressive's unearned premiums?
Progressive (PGR) reported unearned premiums of $2.67B in Q1 2026.
How has Progressive's unearned premiums changed year-over-year?
Progressive's unearned premiums decreased by 2.9% year-over-year, from $2.75B to $2.67B.
What does unearned premiums mean?
The change in premiums collected for which the insurance coverage period has not yet passed.