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.
Analysis
How to read this metric
Changes reflect shifts in the volume of new business written or changes in the average duration of policies.
Detailed definition
The systematic allocation of deferred policy acquisition costs—such as commissions and underwriting expenses—over the li...
Peer comparison
Standard accounting practice for insurers; comparable across firms using similar accounting standards.
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 expense recognized for costs incurred to acquire new insurance policies.