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Florida Says Progressive Will Return Nearly $1 Billion to Auto Policyholders

Officials cite 2022–2023 tort reforms curbing litigation as the reason insurers can return savings.

Overview

  • Gov. Ron DeSantis confirmed Progressive will reimburse Florida customers, with average payments estimated around $300 per policyholder.
  • Policyholders with active coverage on December 31, 2025 are expected to receive funds by mailed check or as a bill credit, with longer-tenured customers potentially receiving more.
  • Insurance Commissioner Michael Yaworsky said a significant share of the returned money previously would have gone to attorneys’ fees.
  • State leaders report auto insurance rates are easing and say talks are underway with State Farm, GEICO and Allstate about comparable refunds.
  • An official report highlighted broader market stabilization, citing 17 new homeowners insurers and My Safe Florida Home grants that reduced average premiums by about $900 annually.