MAYFIELD
VILLAGE, Ohio, Oct. 23,
2024 /PRNewswire/ -- To support those recovering from
Hurricane Helene and Hurricane Milton, and as part of ongoing
efforts to aid those impacted by natural disasters, Progressive
Insurance has committed over $3
million to various organizations to help their customers,
employees, agents, and communities.
"Always guided by our core values, doing the right thing is
imperative to us," said Progressive President and CEO Tricia Griffith. "While our claims and customer
service teams are assisting our customers, we are also committed to
aiding relief efforts and supporting organizations who are helping
rebuild lives and restore hope in the aftermath of disasters.
During these challenging times, it's vital that we step up and be
there to support people and communities when they need us
most."
Progressive is taking the following actions to support its
customers, employees, agents, and communities following the natural
disasters across the country:
- The Progressive Insurance Foundation has donated $1 million to the American Red Cross which
provides disaster relief, shelter, food, and medical care during
natural disasters.
- Progressive is setting aside $1
million for agent relief. $800,000 has been donated directly to the
national Big "I" Trusted Choice Relief Fund. The fund provides
quick, critical financial relief to independent agents, ensuring
they can recover swiftly and continue serving their communities
after catastrophes. The fund awards grants to licensed agents and
non-licensed agency employees. The remainder of the agent-specific
relief dollars will be used for ad hoc agent support in which
consideration will be given to agents with specific, urgent needs
determined on a case-by-case basis.
- Progressive has allocated an additional $1.4 million to its Employee Relief Fund through
the creation of an immediate response program available to eligible
employees affected by Hurricane Helene and Milton. The fund, to
which Progressive has allocated $5
million in total throughout 2024, helps employees facing
hardships either due to a natural disaster or unforeseen personal
hardship. The fund is managed by the Emergency Assistance
Foundation, Inc. which oversees all aspects of issuing employee
relief grants.
About Progressive
Progressive Insurance® makes it easy to understand, buy
and use car insurance, home insurance, and other protection needs.
Progressive offers choices so consumers can reach us however it's
most convenient for them — online at progressive.com, by phone at
1-800-PROGRESSIVE, via the Progressive mobile app, or in-person
with a local agent.
Progressive provides insurance for personal and commercial autos
and trucks, motorcycles, boats, recreational vehicles, and homes;
it is the second largest personal auto insurer in the country, a
leading seller of commercial auto, motorcycle, and boat
insurance, and one of the top 15 homeowners insurance
carriers.
Founded in 1937, Progressive continues its long history of
offering shopping tools and services that save customers time and
money, like Name Your Price®, Snapshot®, and
HomeQuote Explorer®.
The Common Shares of The Progressive Corporation, the
Mayfield Village, Ohio-based
holding company, trade publicly at NYSE: PGR.
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SOURCE Progressive Insurance