POLARIS chooses PROGRESSIVE as prefered POWERSPORTS INSURANCE provider

Posted on December 2, 2011

Companies join forces to make it easy for off-road riders to get coverage that protects on and off their property

MINNEAPOLIS, (December 2, 2011)—Polaris has chosen Progressive® Insurance as its preferred ATV, Side x Side, snowmobile and neighborhood vehicle insurer. By joining forces, Progressive—one of the country’s leading insurance providers—and Polaris—a leader in the power sports industry—are making it easier for riders to get coverage that protects them and their vehicles, both on and off their property.

“We’re working together so it’s not only easier for Polaris owners to buy affordable insurance, but to really understand what they’re buying,” said Progressive Product Manager, Charlotte Elek. “We’re available anytime by phone; and our website is filled with information to help Polaris owners make even smarter choices about coverage that protects them and their vehicle.”

“We are very excited to partner with Progressive,” said Polaris Financial Services Manager Kelly Clawson. “They will be able to serve our riders with years of power sports knowledge and experience.”

In addition to making it easy to understand and buy coverage, Progressive helps Polaris owners save and manage their money through a variety of features:

A variety of discounts—Customers save if they own a home, have a clean driving record, complete a safety course, pay in full—and more.

Disappearing deductibles—Customers reward themselves with a 25 percent reduction in their deductible for each claim-free renewal period. After four claim-free renewals, the deductible disappears altogether. Progressive offers this currently in 24 states, and will roll it out to all states in coming months.

Easy payment options—Customers can choose to pay in full; or pay in installments by electronic funds transfer, mail, online or over the phone.

To learn more and get a quote with Progressive, Polaris’ preferred insurer, visit http://www.progressive.com/polaris, or call 1-800-895-2880.

About Polaris

With annual 2010 sales of $1.99 billion, Polaris Industries Inc.® designs, manufactures and markets innovative, high-quality vehicles for recreational and utility use. A recognized leader in the power sports industry, Polaris is among the global sales leaders for both snowmobiles and off-road vehicles (ORVs), including all-terrain vehicles (ATVs) and the Polaris RANGER® side-by-sides. The company has established a strong presence in the heavyweight cruiser and touring motorcycles market as well, through Victory Motorcycles® (introduced in 1998) and the newly acquired Indian Motorcycle® brand. In addition, Polaris continues to invest in the global on-road low speed vehicle industry through its internally developed Breeze® neighborhood vehicle and the recent acquisition of Global Electric Motorcars® (GEM). Polaris enhances the riding experience for all vehicle groups with a complete line of Pure Polaris® parts, apparel and accessories, which are available at Polaris dealerships.

Polaris Industries Inc. trades on the New York Stock Exchange under the symbol “PII,” and the company is included in the S&P Mid-Cap 400 stock price index.

Information about the complete line of Polaris products, apparel, and vehicle accessories is available at www.polaris.com, as well as at authorized Polaris dealerships.

About Progressive

The Progressive Group of Insurance Companies makes it easy to understand, buy, and use auto insurance. Progressive offers choices so consumers can reach us whenever, wherever, and however it’s most convenient for them—online at progressive.com, by phone at 1-800-PROGRESSIVE, or in-person with a local agent.

Progressive offers insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles, and homes. It’s the fourth largest auto insurer in the country, the largest seller of motorcycle insurance, and a leader in commercial auto insurance. Progressive also offers car insurance online in Australia at http://www.progressivedirect.com.au.

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, the Snapshot Discount®, and a concierge level of claims service.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, trade publicly at NYSE:PGR.