In-Depth Look at Progressive Auto Insurance

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Progressive Auto Insurance is a top car insurance company in the U.S., boasting over 80 years in the business. They offer competitive rates and comprehensive coverage for car owners nationwide. Customer reviews highlight Progressive’s fast claims process, with many getting payments within days. Plus, they provide helpful discounts and extras like accident forgiveness and multi-car policies.

Thanks to their extensive advertising, Progressive is among the most well-known car insurance companies. But there’s more to their popularity than just ads. They’ve grown to be one of the largest car insurers in America by offering generous discounts, customer-friendly coverage, and some of the industry’s lowest premiums. After reading this review, you’ll understand why Progressive should be on your list for considering your next car insurance policy.

About Progressive Insurance
Progressive is the second-largest auto insurance provider in the U.S., covering 14.1% of all auto insurance policies. They have over 18 million customers and $33 billion in direct premiums written. They’re known for being one of the lowest-cost providers in many states, thanks to numerous discounts. They also offer unique products like rideshare coverage.

Though their main product is auto insurance, Progressive also offers home insurance and other services. This review focuses on their car insurance offerings.

Progressive Car Insurance
Progressive is among the cheapest providers in many states. They offer coverage in all 50 states and the District of Columbia, ensuring a wide range of vehicles including cars, motorcycles, boats, and RVs. Their customer support is available 24/7 by phone, and they have financial strength and high Better Business Bureau rankings.

Signing Up with Progressive
You can complete the entire application process online or by phone. One great feature is getting quotes online without entering sensitive information like your Social Security number. This approach lets you shop for policies without sales pressure.

Unique Features of Progressive
Progressive stands out with its many discounts and unique features:

• They provide a range of discounts, allowing for average savings of $700 annually.
• The "Name Your Price" tool lets you set a policy according to what you can afford.
• They offer accident forgiveness, meaning small claims won’t raise your rates, and long-term customers get large accident forgiveness.
• Rideshare coverage is available for gig workers.

Coverage Options
Progressive covers standard auto insurance needs like liability and collision. They also offer optional coverages including:

• GAP coverage, for paying off the difference between the car’s value and loan amount.
• Rental car reimbursement.
• Custom parts coverage up to $5,000.
• Roadside assistance.
• Deductible savings.

Discounts
Progressive offers extensive discounts. Here are some examples and their average savings:

• Bundle with home insurance: 5%
• Multi-policy: 5%
• Multi-car: 4%
• Good student: 10%
• Online quote: 7%
• Pay in full: varies, often 10-15%
  This makes it clear why Progressive promotes significant yearly savings.

Sample Premiums
To give an idea of Progressive’s premium costs, here are sample quotes for different driver profiles and coverage levels:

• A 23-year-old male, with state minimum coverage, is $552 annually.
• A 53-year-old female, with full coverage, is $912 annually.
  These are simplifications and don’t account for factors like credit history or optional coverages.

Best For
Progressive might be the right choice if you:

• Find them the lowest-cost provider in your state.
• Participate in ridesharing.
• Have multiple drivers or vehicles.
• Prefer an online quote system with no sales pressure.
• Are over 40, as Progressive offers lower premiums for this age group.

Comparison with Competitors
Here’s a quick comparison with Geico, State Farm, and Allstate:

• Progressive’s average premium for state minimum coverage is $516, slightly higher than Geico but less than Allstate.
• Their claims satisfaction rating is 856/1,000.

Things to Consider
When shopping for car insurance, consider more than just the premium:

1. Ensure you have adequate coverage, matching your net worth.
2. Your credit score impacts your premium.
3. Include optional coverages like GAP or uninsured motorist.
4. A larger deductible can lower your premium but be sure you can afford it if needed.
5. Ask about all possible discounts.
6. Get quotes from multiple companies to find the best deal.

Other Services by Progressive
In addition to car and home insurance, Progressive offers:

• Business insurance
• Life insurance
• Pet insurance
• ID theft protection
  And more.

Bottom Line
Progressive is a major player in the auto insurance market, covering over 13% of drivers. Despite some lower customer service scores, many choose Progressive for their low premiums and numerous discounts. When searching for car insurance, getting quotes from several companies, including Progressive, is a good idea. They offer an easy and obligation-free quote system that could be beneficial.

We review insurance companies by considering their policy offerings, customer experiences, and overall reliability to provide potential policyholders with an informed perspective. Progressive’s competitive rates, broad coverage options, and user-friendly features make them a solid choice for many drivers.