Commercial Auto Insurance From Progressive Now Available In New Hampshire
MAYFIELD VILLAGE, Ohio — October 20, 2004 — The Progressive group of companies, marketing to consumers as Drive Insurance from ProgressiveSM and available expressly through independent agents and brokers, will begin offering commercial auto coverages in New Hampshire through more than 200 agents, starting today.
DriveSM is a new brand unveiled by Progressive in late September to represent its business sold only through agents and brokers. Drive Insurance is the third largest seller of commercial auto insurance countrywide. Progressive's Commercial Auto product will also be available in New Hampshire through Progressive DirectSM.
"We are thrilled to provide New Hampshire agents with our commercial auto product," said Brian Silva, Drive Insurance Commercial Auto general manager. "We listened to agents who told us there was a need. We know our product and the technology behind it will help agents quickly and easily quote, write, service and retain more business."
Drive Insurance specializes in fulfilling the commercial auto insurance needs of small businesses, but will insure up to 20 vehicles and offers limits up to $1 million. The company provides flexible payment options and secure online payment processing via credit or debit card. Progressive's claims service is available to customers 24 hours a day, seven days a week, and features a network of commercial auto physical damage claims specialists across the country.
Progressive Commercial Auto Quick Facts:
- Progressive companies wrote approximately $1.3 billion in commercial auto business in 2003.
- Drive Insurance Commercial Auto is now available in 45 states countrywide.
- Drive Insurance accepts a wide variety of business types, including tradesmen, contractors, construction, sales, trucking, landscaping, towing and farming, and is, in fact, the number one insurer of dump trucks in the nation.
The Progressive group of insurance companies, in business since 1937, is the nation's third largest auto insurance group. Progressive companies using the Drive Insurance from Progressive brand comprise a group that is the largest writer of auto insurance through independent agents and brokers in the U.S., based on premiums written. Agents and brokers can log in to an 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 at NYSE: PGR.
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