Progressive Accelerates Release of April Results MarketWatch (press release)
MAYFIELD VILLAGE, Ohio, Apr 30, 2010 (BUSINESS WIRE) -- The Progressive Corporation plans to release the Company's April 2010 results on Tuesday, May 18, 2010, after the market closes, rather than on Wednesday, May 19, 2010, as previously announced, due to a scheduling conflict.
About Progressive
The Progressive Group of Insurance Companies, in business since 1937, is one of the country's largest auto insurance groups, the largest seller of motorcycle policies, and a market leader in commercial auto insurance based on premiums written.
Progressive is committed to becoming consumers' #1 choice for auto insurance by providing competitive rates and innovative products and services that meet drivers' needs throughout their lifetimes, including superior online and in-person customer service, and best-in-class, 24-hour claims service, such as its concierge level of claims service available at service centers located in major metropolitan areas throughout the United States.
Car insurance is compulsory in most of the states whether it is for personal use or commercial use. There are companies that have their own cars for transport and some of the senior employees of the company may use the company’s car for their use. Home based business is on the rise and such business needs cars to run errands for them.In all these cases, it is compulsory to have car insurance to safeguard the companies in case their vehicles meet with an accident. Liability coverage is the least thing required to protect from financial losses. In the event of a mishap occurring in a business car, the driver of the car need not incur the loss, instead the company will. So, it is necessary for the company to have business car insurance so that the insurance companies can cover the expenses to them.It is a normal practice for the business owners to opt for liability coverage, or collision and comprehensive coverage so that it covers the entire vehicle and the driver, if an accident happens. There are business owners who prefer to uninsured or underinsured motorist coverage which takes care when accidents occur due to the carelessness of the driver of another vehicle.The premium for business car coverage is determined by many factors like the coverage offered, the location of the business and the driving record of the employee. The advantages of taking a business car insurance are many. In the event of the vehicle being stolen, the transportation expenses are taken care of. The coverage for music systems and cellular phones is also included in the business car insurance. The insurance agent would be the best person to suggest insurance plans that would be most suitable to the individual.At times, the business cars would be let on lease that is used for business purposes. If any damage is caused to the individuals or property of such vehicles, business car insurance would...![Risk Pays Off, While Treasury Plays Run Aground Wall Street Journal]("http://nt3.ggpht.com/news/tbn/t6PiH4AW25IOuM/6.jpg")
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