Progressive (NYSE:PGR) has outperformed the market over the past 20 years by 3.78% on an annualized basis producing an average annual return of 11.61%. Currently, Progressive has a market capitalization of $115.23 billion. Buying $1000 In PGR: If an investor had bought $1000 of PGR stock 20 years ago, it would be worth $9,070.54 today based on a price of $196.74 for PGR at the time of writing. Progressive’s Performance Over Last 20 YearsFinally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash…