XML 145 R74.htm IDEA: XBRL DOCUMENT v2.4.1.9
Fair Value - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Investment
Dec. 31, 2014
Investment
Fair Value Measurements [Line Items]    
Number of securities transferred out of Level 2 into Level 1 0pgr_NumberOfSecuritiesTransferredFromLevelTwoToLevelOne  
Quoted prices percentage of fair value assets 100.00%pgr_AvailableForSaleSecuritiesPercentOfTotalFairValue [1],[2] 100.00%pgr_AvailableForSaleSecuritiesPercentOfTotalFairValue [1],[2]
Portfolio $ 18,054.7us-gaap_AvailableForSaleSecurities [1],[2] $ 19,018.0us-gaap_AvailableForSaleSecurities [1],[2]
Fair Value, Inputs, Level 1    
Fair Value Measurements [Line Items]    
Portfolio 7,436.4us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
7,314.3us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Fair Value, Inputs, Level 1 | Vendor Quoted Pricing    
Fair Value Measurements [Line Items]    
Quoted prices percentage of fair value assets 56.00%pgr_AvailableForSaleSecuritiesPercentOfTotalFairValue
/ pgr_FairValueAssetsAndLiabilitiesCharacteristicsAxis
= pgr_VendorQuotedPricingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
50.00%pgr_AvailableForSaleSecuritiesPercentOfTotalFairValue
/ pgr_FairValueAssetsAndLiabilitiesCharacteristicsAxis
= pgr_VendorQuotedPricingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel1Member
Fair Value, Inputs, Level 2    
Fair Value Measurements [Line Items]    
Portfolio 10,549.6us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
11,622.4us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Fair Value, Inputs, Level 2 | Vendor Quoted Pricing    
Fair Value Measurements [Line Items]    
Quoted prices percentage of fair value assets 98.00%pgr_AvailableForSaleSecuritiesPercentOfTotalFairValue
/ pgr_FairValueAssetsAndLiabilitiesCharacteristicsAxis
= pgr_VendorQuotedPricingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
97.00%pgr_AvailableForSaleSecuritiesPercentOfTotalFairValue
/ pgr_FairValueAssetsAndLiabilitiesCharacteristicsAxis
= pgr_VendorQuotedPricingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Fair Value, Inputs, Level 2 | Dealer Quoted Pricing    
Fair Value Measurements [Line Items]    
Quoted prices percentage of fair value assets 2.00%pgr_AvailableForSaleSecuritiesPercentOfTotalFairValue
/ pgr_FairValueAssetsAndLiabilitiesCharacteristicsAxis
= pgr_DealerQuotedPricingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
3.00%pgr_AvailableForSaleSecuritiesPercentOfTotalFairValue
/ pgr_FairValueAssetsAndLiabilitiesCharacteristicsAxis
= pgr_DealerQuotedPricingMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel2Member
Fair Value, Inputs, Level 3    
Fair Value Measurements [Line Items]    
Portfolio 68.7us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
81.3us-gaap_AvailableForSaleSecurities
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
Nonredeemable preferred stocks | Equity securities    
Fair Value Measurements [Line Items]    
Number of securities transferred out of Level 2 into Level 1   2pgr_NumberOfSecuritiesTransferredFromLevelTwoToLevelOne
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
Fair Value, Assets, Level 2 to Level 1 Transfers, Amount   41.7us-gaap_FairValueAssetsLevel2ToLevel1TransfersAmount
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
Nonredeemable preferred stocks | Fair Value, Inputs, Level 3 | Equity securities | Internal Pricing    
Fair Value Measurements [Line Items]    
Number of securities 1pgr_NumberOfSecurities
/ pgr_FairValueAssetsAndLiabilitiesCharacteristicsAxis
= pgr_InternalPricingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
1pgr_NumberOfSecurities
/ pgr_FairValueAssetsAndLiabilitiesCharacteristicsAxis
= pgr_InternalPricingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
Portfolio $ 39.0us-gaap_AvailableForSaleSecurities
/ pgr_FairValueAssetsAndLiabilitiesCharacteristicsAxis
= pgr_InternalPricingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
$ 69.3us-gaap_AvailableForSaleSecurities
/ pgr_FairValueAssetsAndLiabilitiesCharacteristicsAxis
= pgr_InternalPricingMember
/ us-gaap_FairValueByAssetClassAxis
= us-gaap_EquitySecuritiesMember
/ us-gaap_FairValueByFairValueHierarchyLevelAxis
= us-gaap_FairValueInputsLevel3Member
/ us-gaap_MajorTypesOfDebtAndEquitySecuritiesAxis
= us-gaap_NonredeemablePreferredStockMember
[1] The total fair value of the portfolio included $1.9 billion and $1.8 billion at December 31, 2014 and 2013, respectively, of securities held in a consolidated, non-insurance subsidiary of the holding company, net of any unsettled security transactions.
[2] Our portfolio reflects the effect of unsettled security transactions and collateral on open derivative positions; at December 31, 2014, $31.3 million was included in "other liabilities," compared to $61.3 million at December 31, 2013.