Progressive Distributes September Results

MAYFIELD VILLAGE, Ohio--The Progressive Corporation today reported the following results for September and the third quarter 2007:

	Month						Quarter
(millions, except per share amounts and ratios)	2007		2006		Change		2007		2006		Change
Net premiums written	$1,040.8		$1,054.7		(1)%		$3,483.2		$3,581.5		(3)%
Net premiums earned	1,061.2		1,087.0		(2)%		3,461.8		3,544.3		(2)%
Net income	103.8		138.1		(25)%		299.2		409.6		(27)%
Per share	.15		.18		(18)%		.42		.53		(21)%
Pretax net realized gains (losses) on securities	32.9		6.0		448%		58.5		2.4		2338%
Combined ratio	94.8		86.9		7.9 pts.		93.7		87.3		6.4 pts.
Average diluted equivalent shares	701.8		766.9		(8)%		710.8		772.2		(8)%
(in thousands)
Policies in Force	September 2007		September 2006		Change
Total Personal Auto	7,031.1		6,901.1		2%
Total Special Lines	3,140.4		2,905.5		8%
Total Commercial Auto	540.9		505.8		7%

See the complete release at http://investors.progressive.com/releases/2007/pdf/mreport_0907.pdf for further month and year-to-date information.

Progressive is scheduled to hold a one-hour conference call to address questions on Friday, November 2, 2007, at 9:00 a.m. eastern time, subsequent to the posting of our Shareholders’ Report online and the filing of our Quarterly Report on Form 10-Q with the SEC. Registration for the teleconference and webcast is scheduled to be available at http://investors.progressive.com/events.asp on or after October 15, 2007.

About Progressive

The Progressive Group of Insurance Companies, in business since 1937, is the country’s third largest auto insurance group and largest seller of motorcycle and personal watercraft policies based on premiums written, and is a market leader in commercial auto insurance.

Progressive is committed to becoming consumers’ #1 choice for auto insurance by providing competitive products and rates that meet drivers’ needs throughout their lifetimes, superior online and in-person customer service, and best-in-class, 24-hour claims service, including its concierge level of claims service available at service centers located in major metropolitan areas throughout the United States.

Progressive companies offer consumers choices in how to shop for, buy and manage their auto insurance policies. Progressive offers its products, including personal and commercial auto, motorcycle, boat and recreational vehicle insurance, through more than 30,000 independent insurance agencies throughout the U.S. and online and by phone directly from the Company. To find an agent or to get a quote, go to www.progressive.com.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, are publicly traded at . For more information, including a guide to interpreting the monthly reporting package, visit www.progressive.com.