Property and casualty agency auto combined ratio measures losses, loss adjustment expenses, and underwriting expenses as a percentage of earned premium for Progressive's agency auto business.
Progressive reported an 89.1 agency auto combined ratio for June 2026.
This is a channel-specific underwriting measure
The agency auto ratio isolates policies distributed through independent agents rather than Progressive's direct channel.
That makes it useful for comparing underwriting performance across distribution models without redefining the generic combined ratio.
Lower ratios indicate stronger underwriting profitability
A combined ratio below 100 means underwriting profit before investment income.
Read it with Direct Auto combined ratio and Agency Auto policy growth.
Primary source: Progressive June 2026 results filed with the SEC.
Part of the Property & Casualty Underwriting Economics
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- PGROpen operating-model research →10 of 10 reviewed concepts in Property & Casualty Underwriting EconomicsUnderwriting profitability and catastrophe load5 of 5 bridge concepts supportedContinue through this bridge:Commercial Lines Combined RatioDirect Auto Combined RatioNet Catastrophe Loss RatioProperty Combined Ratio
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Compare property & casualty insurance economics
Compare underwriting profitability in Progressive's agency auto channel without replacing the generic combined-ratio concept.
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