Progressive Awarded Sixth Usage-Based Insurance Patent for Snapshot®

  Progressive Awarded Sixth Usage-Based Insurance Patent for Snapshot®

Business Wire

MAYFIELD VILLAGE, Ohio -- December 11, 2012

Progressive^® Insurance has been granted a sixth patent related to its
usage-based car insurance program, Snapshot^®. Among other things, U.S. Patent
No. 8,311,858 covers a wireless device that monitors vehicle data used to
determine a level of risk, or a cost of insurance. The patent also addresses
an in-vehicle audio alert based on driving behavior data, which may lead to
modification of driver behavior.

Progressive’s usage-based insurance (UBI) program, Snapshot, gives drivers a
personalized car insurance discount based on their actual driving behavior.
More than one million drivers have participated in Progressive’s UBI program
countrywide, which saves drivers an average of $150 per year.

Progressive recently expanded Snapshot to all drivers—not just Progressive
customers—who, where the program is available, can take a free test drive of
Snapshot, and after 30 days find out whether their own driving behavior can
lower the price they pay for auto insurance.

“We are committed to leading the collection and analysis of real-time driving
data while protecting our intellectual property,” said Tom Hollyer,
Progressive’s national product development leader. “We are appreciative that
the U.S. Patent Office continues to recognize our advancements that help us
further strengthen our leadership position in the usage-based insurance

Progressive has been the industry leader in the rapidly-expanding usage-based
insurance category for 15 years since it first started exploring UBI.
Snapshot, which accounts for $1 billion in premiums, is currently available in
43 states and the District of Columbia.

About Progressive

Celebrating its 75^th anniversary in 2012, The Progressive Group of Insurance
Companies (collectively, “Progressive Insurance”) makes it easy to understand,
buy, and use auto insurance. Progressive offers choices so consumers can reach
it whenever, wherever, and however it’s most convenient—online at, by phone at 1-800-PROGRESSIVE, on a mobile device or
in-person with a local agent.

Progressive offers insurance for personal and commercial autos and trucks,
motorcycles, boats, recreational vehicles, and homes. It’s the fourth largest
auto insurer in the country, the largest seller of motorcycle insurance, and a
leader in commercial auto insurance. Progressive also offers car insurance
online in Australia at

Founded in 1937, Progressive continues its long history of offering shopping
tools and services that save customers time and money, like Name Your Price^®,
the Snapshot Discount^®, and a concierge level of claims service.

The Common Shares of The Progressive Corporation, the Mayfield Village,
Ohio-based holding company, trade publicly at (NYSE:PGR).


Progressive PR
Jeff Sibel, 440-395-0803
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