Progressive Approved for Personal Auto Rate Decreases in Louisiana

Louisiana Insurance Commissioner Tim Temple has approved Progressive Security Insurance Company’s request for a 6.6% average rate decrease on its over 270,000 private passenger auto insurance policyholders and Progressive Paloverde Insurance Company’s request for a 4% average decrease on its nearly 200,000 policyholders.

Progressive Security’s 6.6% decrease follows a 3.2% decrease the company filed in July 2025.

Combined, the two Progressive companies write approximately 23.5% of the Louisiana private passenger auto insurance market. The changes take effect Jan. 16 for new business and Feb. 13 for renewal business. Rate changes are statewide averages, so each policyholder’s rate change will vary based on individual risk.

Progressive indicated its decreases are primarily driven by a reduction in frequency of claims, the Louisiana Department of Insurance said in a statement.

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