Progressive Becomes the Number One Auto Insurer in Vermont
MAYFIELD VILLAGE, Ohio — August 16, 2004 —In 2003, the Progressive group of insurance companies became the number one writer of auto insurance in Vermont. The ranking, which is based on direct written premium for private passenger automobile policies, was recently released by A.M. Best Company in their 2004 A2 report. In 2002, Progressive was ranked number two in the state.
"Independent agents in Vermont have been instrumental in our rise to the number one spot in the state," said Michele Streton, Rhode Island auto product manager at Progressive. "We have outstanding agents in Vermont and they've done a great job at promoting our competitive rates and outstanding claims and policy service to their customers."
Currently, nearly 140 independent agencies represent Progressive in Vermont, offering consumers private passenger and commercial auto policies, as well as coverage for motorcycles, boats, RVs, snowmobiles, all-terrain vehicles and personal watercraft. They are supported by more than 35 local claims personnel who work hard to make the claims experience as positive as possible for our customers.
"Even though we've reached the number one spot, we won't stop our investment in products, technology and service that make it fast and easy for agents to do business with us and grow their book of business," said Streton.
The Progressive group of insurance companies, in business since 1937, comprises the nation's third largest auto insurance group and the largest writer of auto insurance through independent agents and brokers, based on premiums written. The more than 30,000 independent agencies that represent Progressive companies combine the power of personalized service and counsel with Progressive's trusted brand, superior 24/7 service, innovative technology and competitive rates. Agents and brokers can login to Progressive's agency-dedicated Web site, ForAgentsOnly.com (FAO), to access customer policies, state and countrywide news, and other interactive features. The Common Shares of The Progressive Corporation, the holding company, are publicly traded (NYSE: PGR).
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