When Will Progressive Customers in Florida Get Rebates? What You Need to Know

Progressive auto insurance policyholders in Florida are set to receive rebates, thanks to a recent agreement between the company and state regulators. The rebates are part of a larger effort to return excess profits to customers after changes in state law aimed at reducing litigation costs.

Key Details:

• Rebate Amount: The average rebate is estimated to be around $300 per policyholder, although the exact amount will depend on individual policy details and the length of time a customer has maintained coverage with Progressive.
• Eligibility: All Progressive personal auto policyholders with active coverage as of December 31, 2025, are eligible for the rebate.
• Distribution: Rebates will be issued automatically, either as a check or a credit applied to the policyholder’s account, with no action required from customers.
• Timeline: Rebates are expected to be distributed in early 2026.

Why Is Progressive Returning Money to Florida Policyholders?

The rebate is a result of Progressive exceeding the state’s profit limits for auto insurance. According to Governor Ron DeSantis, the reforms aimed at reducing frivolous litigation have led to a sharp decline in lawsuit-related expenses for insurance companies. These savings are now being passed down to policyholders ¹.

Impact on Florida Drivers:

The rebate is part of a larger trend of rate reductions and consumer relief in the state’s insurance market. The top five auto insurance writers in Florida have averaged a 6.5% reduction in rates, with further decreases expected. Other major insurers, including State Farm and Liberty Mutual, may also issue rebates if they exceed state profit limits ² ³.

What to Expect:

• Automatic Rebates: Eligible policyholders do not need to apply or sign up for the rebate. The rebate or credit will be issued automatically.
• Variable Rebate Amounts: The exact amount of the rebate will depend on individual policy details and the length of time a customer has maintained coverage with Progressive.
• Future Rate Reductions: Florida’s insurance regulators are working to ensure that any excess profits resulting from reduced litigation costs are returned to policyholders across all major carriers ¹ ².

Next Step:

Would you like to know more about how the insurance reforms might impact your auto insurance rates or rebates?.

Tips:

1. Review your policy: Ensure you’re taking advantage of all eligible discounts and coverage options.
2. Check your rebate amount: Verify the rebate amount credited to your account or check.
3. Consider rate comparisons: Shop around to ensure you’re getting the best rate for your coverage needs.
4. Understand your policy: Familiarize yourself with your policy’s terms and conditions.
5. Contact Progressive: Reach out to Progressive’s customer service if you have questions or concerns about your rebate.

FAQs:

1. Q: Who is eligible for the Progressive rebate in Florida?
   A: All Progressive personal auto policyholders with active coverage as of December 31, 2025.
2. Q: How much will I receive in rebates?
   A: The average rebate is estimated to be around $300, but the exact amount varies depending on individual policy details.
3. Q: Do I need to apply for the rebate?
   A: No, rebates will be issued automatically.
4. Q: When can I expect to receive my rebate?
   A: Rebates are expected to be distributed in early 2026.

Conclusion:

The Progressive rebate in Florida marks a significant development in the state’s insurance market. The rebate is a result of insurance reforms aimed at reducing litigation costs and promoting consumer relief. By understanding the rebate process and tips outlined above, Florida drivers can make informed decisions about their auto insurance coverage. As the insurance landscape continues to evolve, it’s essential for policyholders to stay informed and adapt to changes that may impact their coverage and premiums.