The pain and frustration that accompany many Chicago auto accidents is only magnified when trying to deal with an at-fault driver's insurance company. When it comes to handling Chicago car accidents involving Progressive Insurance, Rosenfeld Injury Lawyers stand ready to assist injured people with their claims. Our attorneys have successfully resolved hundreds of auto-injury claims and are ready to do the same for you.
Progressive Insurance, most commonly associated with its advertising character “Flo,” has creatively climbed to the top of the pop culture pyramid through unique marketing campaigns. While its recent entertainment as well as commercial success might delude some into thinking that this is an upstart and nascent company, in actuality, it has deep roots in the heart of the economy and country.
Founded in 1937 in Mayfield, Ohio, Progressive Insurance today is one of the country’s largest automobile insurers. However, it also offers insurance products for boats, RVs, and even homes. Utilizing modern sales techniques via phone and the internet (as well as over 20,000 employees and over 30,000 independent insurance agents), it has put over 13 million policies in force for customers across the United States and even some in Australia as of 2009. At almost $20 billion in annual revenue, Progressive Insurance has soared to the upper half of the Fortune 500 list and has joined the ranks of other insurance giants such as Geico Insurance, State Farm Insurance, Allstate Insurance, and other nationally recognized insurance providers.
As mentioned above, Progressive Insurance specializes in and is a market leader in automobile insurance. In fact, financial products for personal vehicles are its main line of business. This includes insurance for cars, trucks, boats, motorcycles, and other recreational vehicles. Progressive also offers insurance solutions for vehicles used in commercial circumstances, including cars and trucks. However, this does not nearly account for as much revenue as its personal vehicle insurance line. Finally, another significant source of business for Progressive is its professional indemnity offering. This insurance product affords coverage to banks and certain of their employees (such as officers and directors) for errors and omissions arising out of their conduct within their professional capacity.
Progressive Insurance’s significant national presence as well as extensive customer network has brought it into significant litigation over the last ten years. What follows is a review of jury awards and settlement amounts that plaintiffs have recovered from Progressive at the national and Illinois levels in the following categories:
- Insurance Coverage
- Employment and Labor
- Products Liability
- Corporate Governance
- Maritime Disputes
Surprisingly, Illinois is far and away the favorite choice for venue for plaintiffs filing actions against Progressive Insurance, accounting for over half of all cases since 2005. Therefore, it is not surprising that the general pattern of return at the national level would mirror that of the Illinois level, which it does. In both contexts, about a quarter of all plaintiffs recovered nothing-twenty seven percent (27%) nationally and twenty six percent (26%) in Illinois. However, in both circumstances, more plaintiffs received larger sums than those typically do against other insurance carriers.
For example, thirty percent (30%) recovered more than one hundred thousand dollars ($100,000.00) nationally and twenty nine percent (29%) recovered more than one hundred thousand dollars ($100,000.00) in Illinois. Conversely, approximately forty percent (40%) of all plaintiffs received less than one hundred thousand dollars ($100,000.00) in both circumstances. This bell curve pattern illustrates a better rate of return than is typical of similarly situated plaintiffs against other carriers.Insurance Dispute Litigation Involving Progressive
The impressive rate of return for plaintiffs against Progressive Insurance is especially seen once we isolate the lawsuits involving insurance litigation. At the national level, only twenty percent (20%) of all persons bringing cases received nothing; forty-five percent received under one hundred thousand dollars ($100,000.00); finally, thirty-five percent received more than one hundred thousand dollars ($100,000.00), with a surprisingly high ten percent (12%) receiving more than one million dollars ($1,000,000.00).
In Illinois, the block receiving nothing was stunningly low at thirteen percent (13%). However, the other two groups evened out the bell curve pattern: sixty-two percent (62%) recovered under one hundred thousand dollars ($100,000.00) and twenty-five percent (25%) recovered over one million dollars ($1,000,000.00)Automobile Injury Litigation Involving Progressive Insurance
Plaintiffs suing Progressive Insurance for cases involving automobiles, both cars and trucks, had more difficulty in Illinois than they did across the country. Nationally, more plaintiffs (27%) received over one hundred thousand dollars ($100,000.00) than those receiving nothing (24%). Yet, those getting over one million dollars was a slim three percent (3%).
The rest of the plaintiffs (49% of them) across the country recovered under one hundred thousand dollars ($100,000.00). Illinois’ story did not mirror the nations’ in automobile litigation. Approximately fifteen percent (15%) of these plaintiffs got nothing, about one and a half percent (1.5%) recovered over one million dollars ($1,000,000.00), and the rest received some modest amount under one hundred thousand dollars ($100,000.00). The following is a summary of major points regarding jury awards and settlement amounts against Progressive Insurance over the last ten years:
- Generally, plaintiffs were more successful than those seeking recovery against other insurance providers.
- Fewer plaintiffs received nothing than those receiving more than one hundred thousand dollars ($100,000.00) across most categories of litigation.
- Illinois was one of the most frequent choices for venue for plaintiffs suing Progressive Insurance.
- The typical pattern of recovery was a bell curve with the majority of plaintiffs recovering up to one hundred thousand dollars ($100,000.00).
- More plaintiffs in insurance or automobile cases received greater than one million dollars ($1,000,000.00) than those in other categories.
After the shock of an accident has subsided, you need to quickly move to record the facts and report the circumstances to your insurance provider as well as the authorities. Progressive Insurance specifically recommends that you stay calm, call the cops (911), exchange information with the other driver, do not admit fault, and contact your insurance agent or provider.
To file a claim after an accident, Progressive has streamlined the process and requests that you either email your agent the details, login to your account on its website and report it, or call their hotline. For vehicle incidents, call :1-800-274-4499. After you report the accident, an agent from Progressive Insurance will contact you with questions, investigate the circumstances of the claim, and send you an estimate of the damage and your coverage details, amongst other things.
At all times following a major accident, it is important to have competent and enthusiastic legal counsel at your side. He or she can record all pertinent facts and retrieve all necessary information to protect your interests in any future litigation. Also, he or she can speak on your behalf to the other party as well as to Progressive Insurance and other insurers. Finally, your lawyer can explain to you what to do at every step so that you understand what is happening and why he or she is doing it. Do not wait, call now to speak with an attorney regarding your claims with or against Progressive Insurance.Experienced Progressive Insurance Injury Claims Attorneys for Illinois Automobile Accidents
The Illinois car accident attorneys at Rosenfeld Injury Lawyers know the difficulties frequently encountered with dealing with Progressive Insurance. From the time our office is retained, out attorneys immediately start working on your behalf to protect your legal interests. Further, you can take comfort in the fact that we have successfully resolved many personal injury and auto accident claims with Progressive insured's over the past decade. Put our team to work for you today. Contact us for a free, no obligation consultation.