Premium Receivable, Allowance for Credit Loss, Writeoff
Progressive Premium Receivable, Allowance for Credit Loss, Writeoff increased by 11.9% to $207.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 47.9%, from $140.00M to $207.00M. Over 4 years (FY 2021 to FY 2025), Premium Receivable, Allowance for Credit Loss, Writeoff shows an upward trend with a 11.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
High write-offs indicate actual credit losses, potentially signaling poor underwriting or weak collection processes.
Detailed definition
Represents the actual write-offs of premiums receivable against the established allowance for credit losses. This reflec...
Peer comparison
Standard credit risk metric for insurance companies and businesses with significant receivables.
other_premiums_receivable_allowance_for_doubtful_account_a651afHistorical Data
| 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 | $111.00M | $95.10M | $78.60M | $98.10M | $106.20M | $101.70M | $102.20M | $119.30M | $122.30M | $140.20M | $132.20M | $148.00M | $128.00M | $107.00M | $116.00M | $140.00M | $148.00M | $196.00M | $185.00M | $207.00M |
| QoQ Change | — | -14.3% | -17.4% | +24.8% | +8.3% | -4.2% | +0.5% | +16.7% | +2.5% | +14.6% | -5.7% | +12.0% | -13.5% | -16.4% | +8.4% | +20.7% | +5.7% | +32.4% | -5.6% | +11.9% |
| YoY Change | — | — | — | — | -4.3% | +6.9% | +30.0% | +21.6% | +15.2% | +37.9% | +29.4% | +24.1% | +4.7% | -23.7% | -12.3% | -5.4% | +15.6% | +83.2% | +59.5% | +47.9% |
Premium Receivable, Allowance for Credit Loss, Writeoff at Other Companies
Frequently Asked Questions
- What is Progressive's premium receivable, allowance for credit loss, writeoff?
- Progressive (PGR) reported premium receivable, allowance for credit loss, writeoff of $207.00M in Q1 2026.
- How has Progressive's premium receivable, allowance for credit loss, writeoff changed year-over-year?
- Progressive's premium receivable, allowance for credit loss, writeoff increased by 47.9% year-over-year, from $140.00M to $207.00M.
- What is the long-term trend for Progressive's premium receivable, allowance for credit loss, writeoff?
- Over 4 years (2021 to 2025), Progressive's premium receivable, allowance for credit loss, writeoff has grown at a 11.3% compound annual growth rate (CAGR), from $436.50M to $669.00M.
- What does premium receivable, allowance for credit loss, writeoff mean?
- The total amount of uncollectible premiums that were written off during the period.