Gov. Ron DeSantis announced Wednesday in Sarasota that Progressive Insurance plans to rebate about $300 to its Florida policyholders. The total payout is estimated at roughly $1 billion, with ...

Progressive will issue $1 billion in rebates to its 2.7 million Florida policyholders. The average rebate is estimated to be around $300, but the exact amount will vary per customer. The 2.7 million ...

Combined, the two Progressive companies write approximately 23.5% of the Louisiana private passenger auto insurance market.

This article was updated with more information. The 2.7 million Florida customers of Progressive Insurance will see about $1 billion in rebate credits in 2026 — but the exact amount each policyholder ...

Alexi Morgan is a writer who has spent her career curating data-driven content to help consumers make better financial decisions. Specializing in topics from car insurance to banking, she has led ...

The logic behind the rule is that as a car gets older or racks up more mileage, its market value goes down. Insurance companies won't pay more for a claim than the current market value of your car, ...