Operating

Unearned premiums

Progressive Unearned premiums remained flat by 0.0% to $2.67B in Q1 2026 compared to the prior quarter.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2025
Last reportedQ1 2026May 4, 2026

How to read this metric

An increase indicates growth in written premiums, while a decrease suggests a contraction in new business or a shift in policy duration.

Detailed definition

Represents the change in the liability for premiums collected or billed for which the insurance coverage period has not...

Peer comparison

Standard across property and casualty insurers; peers typically show growth in this line during expansionary cycles.

Metric ID: operating_increase_decrease_in_unearned_premiums

Historical Data

4 periods
 Q1 '25Q1 '25Q1 '26Q1 '26
Value$2.75B$2.75B$2.67B$2.67B
QoQ Change+0.0%-2.9%+0.0%
YoY Change-2.9%-2.9%
Range$2.67B$2.75B
Avg YoY Growth-2.9%
Median YoY Growth-2.9%

Frequently Asked Questions

What is Progressive's unearned premiums?
Progressive (PGR) reported unearned premiums of $2.67B in Q1 2026.
What does unearned premiums mean?
The change in the amount of premiums received for insurance coverage that has not yet been provided.