Other
Deferred Policy Acquisition Costs, Amortization Expense
Progressive Deferred Policy Acquisition Costs, Amortization Expense decreased by 2.3% to $1.54B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 5.6%, from $1.46B to $1.54B. Over 4 years (FY 2021 to FY 2025), Deferred Policy Acquisition Costs, Amortization Expense shows an upward trend with a 13.2% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementIncome Statement
SectionOther
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 4, 2026
How to read this metric
Changes reflect shifts in the volume of new business written and the associated acquisition cost structure.
Detailed definition
The periodic expense recognized as the company amortizes costs directly associated with acquiring new insurance policies...
Peer comparison
Standard accounting practice for insurance companies under GAAP.
Metric ID:
other_deferred_policy_acquisition_cost_amortization_expenseHistorical Data
20 periods
| 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 | $928.80M | $951.50M | $958.10M | $963.40M | $933.60M | $970.90M | $1.05B | $1.12B | $1.15B | $1.17B | $1.22B | $1.23B | $1.31B | $1.39B | $1.45B | $1.46B | $1.51B | $1.56B | $1.57B | $1.54B |
| QoQ Change | — | +2.4% | +0.7% | +0.6% | -3.1% | +4.0% | +8.1% | +6.4% | +3.4% | +1.7% | +4.2% | +0.8% | +6.2% | +6.3% | +4.5% | +0.2% | +3.8% | +2.9% | +1.2% | -2.3% |
| YoY Change | — | — | — | — | +0.5% | +2.0% | +9.5% | +15.8% | +23.6% | +20.8% | +16.5% | +10.4% | +13.4% | +18.5% | +18.9% | +18.2% | +15.5% | +11.9% | +8.3% | +5.6% |
Range$928.80M – $1.57B
CAGR+11.2%
Avg YoY Growth+13.1%
Median YoY Growth+14.5%
Deferred Policy Acquisition Costs, Amortization Expense at Other Companies
Frequently Asked Questions
- What is Progressive's deferred policy acquisition costs, amortization expense?
- Progressive (PGR) reported deferred policy acquisition costs, amortization expense of $1.54B in Q1 2026.
- How has Progressive's deferred policy acquisition costs, amortization expense changed year-over-year?
- Progressive's deferred policy acquisition costs, amortization expense increased by 5.6% year-over-year, from $1.46B to $1.54B.
- What is the long-term trend for Progressive's deferred policy acquisition costs, amortization expense?
- Over 4 years (2021 to 2025), Progressive's deferred policy acquisition costs, amortization expense has grown at a 13.2% compound annual growth rate (CAGR), from $3.71B to $6.10B.
- What does deferred policy acquisition costs, amortization expense mean?
- The expense recognized from spreading out the costs of acquiring new insurance customers.