Products & Services · Distribution expenses

Underwriting operations — Distribution expenses

Progressive Underwriting operations — Distribution expenses remained flat by 0.0% to $2.97B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 12.6%, from $2.63B to $2.97B. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2022
Last reportedQ1 2026

How to read this metric

An increase may signal aggressive growth efforts or higher acquisition costs, while a decrease could reflect improved marketing efficiency or a shift in distribution channels.

Detailed definition

These are the costs incurred to acquire and service policies, including commissions paid to agents, advertising, and oth...

Peer comparison

Comparable to 'Acquisition Costs' or 'Underwriting Expenses' at other insurers; varies based on the mix of direct vs. agency distribution.

Metric ID: pgr_segment_underwriting_operations_distribution_expenses

Historical Data

34 periods
 Q1 '22Q1 '22Q2 '22Q2 '22Q3 '22Q3 '22Q4 '22Q4 '22Q1 '23Q1 '23Q2 '23Q2 '23Q3 '23Q3 '23Q4 '23Q4 '23Q1 '24Q1 '24Q2 '24Q2 '24Q3 '24Q3 '24Q4 '24Q4 '24Q1 '25Q1 '25Q2 '25Q2 '25Q3 '25Q3 '25Q4 '25Q4 '25Q1 '26Q1 '26
Value$1.43B$1.43B$1.43B$1.43B$1.43B$1.43B$1.43B$1.43B$1.49B$1.49B$1.49B$1.49B$1.49B$1.49B$1.49B$1.49B$1.83B$1.83B$2.11B$2.11B$2.56B$2.56B$2.63B$2.63B$2.63B$2.63B$2.64B$2.64B$2.82B$2.82B$2.86B$2.86B$2.97B$2.97B
QoQ Change+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+4.9%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+0.0%+22.7%+0.0%+15.2%+0.0%+21.4%+0.0%+2.5%+0.0%+0.2%+0.0%+0.1%+0.0%+7.0%+0.0%+1.3%+0.0%+3.8%+0.0%
YoY Change+4.9%+4.9%+4.9%+4.9%+4.9%+4.9%+4.9%+4.9%+22.7%+22.7%+41.3%+41.3%+71.6%+71.6%+75.8%+75.8%+43.6%+43.6%+24.9%+24.9%+10.0%+10.0%+8.7%+8.7%+12.6%+12.6%
Range$1.43B$2.97B
CAGR+9.3%
Avg YoY Growth+25.4%
Median YoY Growth+12.6%
Current Streak33+ quarters growth

Frequently Asked Questions

What is Progressive's underwriting operations — distribution expenses?
Progressive (PGR) reported underwriting operations — distribution expenses of $2.97B in Q1 2026.
How has Progressive's underwriting operations — distribution expenses changed year-over-year?
Progressive's underwriting operations — distribution expenses increased by 12.6% year-over-year, from $2.63B to $2.97B.
What does underwriting operations — distribution expenses mean?
The costs associated with marketing, selling, and distributing insurance policies.