Progressive PGR Deferred Policy Acquisition Costs, Amortization Expense
Deferred Policy Acquisition Costs, Amortization Expense at other companies
Other financials
Where this comes from
Reported directly by Progressive in its filing.
Tagged under the XBRL concept us-gaap:DeferredPolicyAcquisitionCostAmortizationExpense.
The official record: Progressive’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- 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 $6.1B.
- What does deferred policy acquisition costs, amortization expense mean?
- The periodic expense recognized as the company amortizes costs directly associated with acquiring new insurance policies, such as commissions and underwriting fees. These costs are initially capitalized and then expensed over the life of the policy.