SCHEDULE I - Summary Of Investments - Other Than Investments in Related Parties

12 Months Ended

Dec. 31, 2018

Text Block [Abstract]

SCHEDULE I - Summary Of Investments - Other Than Investments In Related Parties

SCHEDULE I — SUMMARY OF INVESTMENTS — OTHER THAN INVESTMENTS IN RELATED PARTIES

THE PROGRESSIVE CORPORATION AND SUBSIDIARIES

(millions)

	December 31, 2018
Type of Investment	Cost		Fair Value		Amount At Which Shown In The Balance Sheet
Fixed maturities:
Bonds:
United States Government and government agencies and authorities	$	9,897.4	$	9,916.5	$	9,916.5
States, municipalities, and political subdivisions	1,654.6		1,649.1		1,649.1
Public utilities	479.6		473.8		473.8
Corporate and other debt securities	8,328.9		8,220.5		8,220.5
Asset-backed securities	7,651.7		7,613.3		7,613.3
Redeemable preferred stocks	243.7		238.3		238.3
Total fixed maturities	28,255.9		28,111.5		28,111.5
Equity securities:
Common stocks:
Public utilities	81.4		140.4		140.4
Banks, trusts, and insurance companies	226.4		525.8		525.8
Industrial, miscellaneous, and all other	841.1		1,959.9		1,959.9
Nonredeemable preferred stocks	1,002.6		1,033.9		1,033.9
Total equity securities	2,151.5		3,660.0		3,660.0
Short-term investments	$	1,795.9	$	1,795.9	$	1,795.9
Total investments	$	32,203.3	$	33,567.4	$	33,567.4

Progressive did not have any securities of any one issuer, excluding U.S. government obligations, with an aggregate cost or fair value exceeding 10% of total shareholders’ equity at December 31, 2018.