These Codes of Business Conduct and Ethics are comprehensive documents that set behavioral standards for Progressive people, state clearly what we expect of ourselves and each other, and confirm our commitment to conduct our business in accordance with all applicable laws.
Progressive's core values serve as the foundation for our Codes of Business Conduct and Ethics:
We revere honesty. We adhere to the highest ethical standards, provide timely, accurate and complete financial reporting, encourage disclosing bad news and welcome disagreement.
We respect all people, value the differences among them and deal with them in the way they want to be dealt with. This requires us to know ourselves and to try to understand others.
We strive to communicate clearly Progressive’s ambitious objectives and our people’s personal and team objectives. We evaluate performance against all these objectives.
We strive constantly to improve in order to meet and exceed the highest expectations of our customers, agents, shareholders and people. We teach and encourage our people to improve performance and to reduce the costs of what they do for customers. We base their rewards on results and promotion on ability.
We seek to earn a profit by offering consumers products and services they want. Profit is how the free-enterprise system motivates investment and rewards companies that consistently create value.