This analysis describes what Progressive's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
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Charge interest on any overdue payments at a rate equal to the Reserve Bank of Australia's cash rate, from time-to-time, plus 2% per annum, calculated daily and compounding monthly.
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"In some states brokers and agents may charge additional fees for the placement or servicing of a policy.Excerpt from Progressive's Terms of Use
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The clause states: “In some states brokers and agents may charge additional fees for the placement or servicing of a policy.”
ConductAtlas has identified this type of provision across 230 platforms. See the full comparison.
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