Amortization of deferred policy acquisition costs
Progressive Amortization of deferred policy acquisition costs remained flat by 0.0% to $1.52B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 13.2%, from $1.35B to $1.52B. Over 4 years (FY 2021 to FY 2025), Amortization of deferred policy acquisition costs shows an upward trend with a 13.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to premiums may indicate higher acquisition costs or a shift in the mix toward products with different amortization schedules.
Detailed definition
This represents the systematic recognition of costs incurred to acquire new insurance policies over the life of those co...
Peer comparison
Standard across all insurance carriers; peers with higher growth often show higher absolute amortization levels.
other_supplementary_insurance_information_amortization_o_bfc8b2Historical Data
| FY'21 | FY'22 | FY'23 | FY'24 | FY'25 | |
|---|---|---|---|---|---|
| Value | $3.71B | $3.92B | $4.67B | $5.38B | $6.10B |
| YoY Change | — | +5.5% | +19.1% | +15.4% | +13.2% |
Business Segments
| Segment | FY'21 | FY'22 | FY'23 | FY'24 | FY'25 |
|---|---|---|---|---|---|
| Personal Lines Segment | $2.61B | $3.00B | $3.66B | $4.36B | $5.07B |
| Other Indemnity | $1.10M | $1.00M | $0.00 | $0.00 | $0.00 |
| Property Segment | $362.90M | — | — | — | — |
| Total | $3.71B | $3.92B | $4.67B | $5.38B | $6.10B |
All segment values are derived from annual filings.
Property Segment was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Amortization of deferred policy acquisition costs at Other Companies
Frequently Asked Questions
- What is Progressive's amortization of deferred policy acquisition costs?
- Progressive (PGR) reported amortization of deferred policy acquisition costs of $1.52B in Q4 2025.
- How has Progressive's amortization of deferred policy acquisition costs changed year-over-year?
- Progressive's amortization of deferred policy acquisition costs increased by 13.2% year-over-year, from $1.35B to $1.52B.
- What is the long-term trend for Progressive's amortization of deferred policy acquisition costs?
- Over 4 years (2021 to 2025), Progressive's amortization of deferred policy acquisition costs has grown at a 13.2% compound annual growth rate (CAGR), from $3.71B to $6.10B.
- What does amortization of deferred policy acquisition costs mean?
- The portion of upfront policy acquisition costs recognized as an expense during the current reporting period.