10 Best Low Volatility Stocks to Buy Now

8. The Progressive Corporation (NYSE:PGR)

5-Year Monthly Beta: 0.38

No. of Hedge Fund Holders: 100

The Progressive Corporation (NYSE:PGR) is a major US insurance provider, primarily known for personal auto insurance, motorcycles, RVs, and watercraft, as well as homeowners and renters’ insurance. Its commercial offerings include auto liability and physical damage for various truck types, general liability and property insurance for small businesses, and workers’ compensation for the transportation sector. PGR is one of the best low volatility stocks to monitor.

The imposition of US trade tariffs can impact The Progressive Corporation (NYSE:PGR) in multiple ways. The main impact would affect their underwriting costs and potentially influence demand for certain insurance products. This includes higher vehicle repair costs, higher vehicle replacement costs, and higher building material costs.

In terms of financials, The Progressive Corporation (NYSE:PGR)’s recent performance indicates continued growth. PGR’s results for Q1 2025 revealed a topline of $22.21 billion, rising by 21%. The company has shown strong premium growth, with net premiums written rising by 17% in the first quarter of 2025 and throughout the preceding months.

The combined ratio is a key financial metric used in the insurance industry to measure an insurer’s underwriting profitability. It represents the percentage of earned premiums used to cover losses and expenses. PGR’s Combined ratio improved from 86.1% last year to 86% in the latest quarter. The Progressive Corporation (NYSE:PGR) also reported an 18% increase in total policies in force across personal and commercial lines, reflecting its strong market position as the second-largest personal auto insurer in the U.S.