Overview
- Policyholders are set to receive about $300 on average through refund checks or renewal credits, according to the governor.
- Credits will go to personal auto customers who are active in Florida as of Dec. 31, 2025, per company filings.
- Progressive disclosed roughly $950 million in excess underwriting gains for 2022–2025 tied to about 2.7 million policies, meeting the statutory threshold for paybacks.
- The Office of Insurance Regulation says it can require returns via consent orders and is discussing similar credits with other major auto insurers by Jan. 1, 2026.
- DeSantis attributes the refunds to 2022–2023 litigation reforms that lowered claim costs and helped the top five auto writers average a 6.5% rate reduction in 2025.