We are writing to inform you of an important update regarding your umbrella insurance policy with Progressive. Progressive has made a decision to send non-renewal notices to all of its insureds with an umbrella policy under the current program.
What to Expect?
In the coming weeks, current Progressive Umbrella policyholders in CT, DE, GA, ID, IL, ME, MD, NJ, PA, TN, TX, UT, VA, VT, and WA will receive a non-renewal notice from Progressive.
However, Progressive may be offering a replacement umbrella policy under their updated “Progressive Umbrella, by ASI” program to some eligible insureds. If you qualify for this replacement, you may receive an offer directly from Progressive to purchase a new policy. These new policies will be identifiable as they begin with letters as a prefix, unlike the current numeric legacy Progressive Umbrella policies.
One of our insurance specialists will be reaching out to you shortly to discuss your specific situation, answer any questions you may have, and provide you with available options for your umbrella insurance needs.
Why Progressive is Non-Renewing Personal Umbrella Policies?
Progressive is transitioning all current Progressive Umbrella policies to their updated “Progressive Umbrella, by ASI” program. This move is intended to align their umbrella product with their suite of Progressive Home offerings. They are excited to expand the availability of this upgraded program.
What You Need to Do
- Keep an eye out for a non-renewal notice from Progressive. This notice will outline the details of the non-renewal of your current policy.
- Watch for a potential replacement offer from Progressive. If you are eligible, Progressive may send you an offer to purchase a new umbrella policy under the “Progressive Umbrella, by ASI” program. To accept this offer, you will likely need to make a payment.
- Await contact from one of our insurance specialists. We are proactively reaching out to all affected clients to discuss your individual circumstances and explore alternative coverage options if needed.
- If you receive a replacement offer from Progressive and choose to accept it, please be aware that our agency will be responsible for collecting any required state-specific forms and declarations pages.
We’re Here to Help!
We understand that this news may be concerning, and we want to assure you that we are here to help you navigate this transition. We are actively working to identify suitable replacement options for your umbrella insurance needs if Progressive does not offer you a replacement policy or if you would like to explore other options.
Have questions or concerns about this new requirement? Don’t worry, we’re here to assist! Feel free to contact our office anytime. Call us at (732) 462-8343
Key Takeaways
- Progressive is non-renewing all current personal umbrella policies under their existing program.
- Eligible customers in CT, DE, GA, ID, IL, ME, MD, NJ, PA, TN, TX, UT, VA, VT, and WA may receive an offer for a replacement “Progressive Umbrella, by ASI” policy directly from Progressive.
- Our agency is here to help you understand your options and find suitable replacement coverage.
- One of our specialists will be in touch soon to discuss your specific situation.
- Please don’t hesitate to contact us at (732) 462-8343 if you have any immediate questions.