Is Progressive a good choice for auto insurance?

Anytime you store for automotive insurance coverage, it doesn’t matter what firm you’re leaning in direction of, examine costs from a number of suppliers to get one of the best deal. You will get free quotes from suppliers in your space utilizing the software under.

On this article:

• About Progressive

• Progressive automotive insurance coverage protection

• Progressive pricing and reductions

• Progressive insurance coverage critiques

• Backside line: Progressive is greatest for high-risk drivers

• Incessantly requested questions

• Our methodology

About Progressive

Progressive has been in enterprise since 1937, and immediately it’s a one-stop store for quite a lot of insurance coverage merchandise. In accordance with the Nationwide Affiliation of Insurance coverage Commissioners, the insurer wrote over $32 billion in auto insurance coverage premiums in 2020. It’s the third-largest auto supplier within the nation (behind State Farm and Geico) with 13.3% of the market share.

In 1956, Progressive started concentrating on high-risk drivers and have become an typically inexpensive selection for many individuals with at-fault automotive accidents or different violations on file. The insurer additionally stands out for its concentrate on expertise. It was the primary main supplier to have an internet site and permit customers to buy plans on-line. Within the current, options just like the Identify Your Value^® software could make deciding on protection simple for tech-savvy drivers.

Progressive has excessive rankings from specialists, with an A+ monetary energy ranking from AM Greatest and an A- ranking from the Higher Enterprise Bureau (BBB). Progressive insurance coverage critiques from prospects, nonetheless, are combined. 

How we price Progressive

*Rankings are decided by our editorial overview workforce. Study extra about our scoring methodology under.

Progressive automotive insurance coverage protection

Progressive gives the next requirements kinds of protection:

You too can get these further protection choices from Progressive:

• Roadside help: Progressive roadside help covers jump-starts, spare tire set up, gas supply, lockout help and towing.

• Rental automotive protection: This selection covers a rental automotive as much as $60 per day within the occasion of a coated accident.

• Mortgage/lease payoff: In case your automotive is totaled, this protection pays the distinction between your automotive’s precise money worth and the quantity you continue to owe in your mortgage or lease. Some suppliers confer with this insurance coverage coverage as assured asset safety, or GAP insurance coverage.

• Customized elements and tools worth: This coverage covers aftermarket equipment like audio techniques, navigation techniques and customized paint.

• Rideshare protection: Rideshare insurance coverage covers you when you are between rides when working for a rideshare or supply service. State availability varies.

• Pet protection: Progressive gives pet damage insurance coverage on complete plans.

• Deductible financial savings financial institution: This selection will lower your deductible by $50 for each six-month time period you go with out an accident or violation.

Snapshot program

If you happen to’re on the lookout for a plan tailor-made to your driving, you’ll be able to strive Progressive’s Snapshot^® program. The insurer will monitor your driving by way of the Snapshot app or a plug-in machine for a time period after signing up. Relying on how secure you might be on the street, you might be able to get a automotive insurance coverage low cost in your coverage.

There’s a potential draw back although: You might even see your price improve if Progressive determines that you’re a dangerous driver. This contrasts different usage-based packages like State Farm’s Drive Protected & Save^TM, which doesn’t elevate your price regardless of how poorly you drive.

In accordance with Progressive insurance coverage critiques, many drivers discover inexpensive charges by way of the Snapshot program. It may be particularly efficient for individuals who don’t drive very a lot or who don’t recurrently drive at night time.

Progressive pricing and reductions

In accordance with Progressive, drivers paid a mean of $101 to $223 per thirty days between 2019 and 2020 for legal responsibility protection. Our workforce discovered that Progressive is an typically inexpensive selection for many drivers when evaluating charges to these of different main suppliers. Nevertheless, charges are distinctive to every individual and based mostly on elements equivalent to driving historical past and age.

To assist customers lower your expenses on automotive insurance coverage premiums, the insurer has quite a lot of low cost alternatives:

• Multi-policy low cost

• Multi-car low cost

• Steady insurance coverage low cost

• Snapshot low cost

• Teen driver low cost

• Good scholar low cost

• Distant scholar low cost

• Home-owner low cost

• On-line quote low cost

• Signal on-line low cost

• Paperless low cost

• Pay-in-full low cost

• Automated funds low cost

The variety of obtainable reductions is similar to what you will see with different prime insurers. Nevertheless Progressive has a number of extra choices than some opponents that can assist you lower your expenses based mostly on the way you pay in your coverage.

There’s additionally the Identify Your Value software, a singular characteristic on Progressive’s web site that may assist drivers discover protection that matches inside their month-to-month price range. Enter your most well-liked month-to-month cost to get a number of choices for protection.

Progressive insurance coverage critiques

Progressive earned 848 out of a attainable 1,000 factors in J.D. Energy’s 2020 U.S. Insurance coverage Purchasing Research^SM, which polled prospects to find out satisfaction with every stage of the buying expertise. USAA and Geico earned 900 and 867 factors, respectively, and the common was 860. 

The insurance coverage firm carried out equally in J.D. Energy’s 2020 US. Auto Claims Satisfaction Research^SM with 856 out of a attainable 1,000 factors (the common was 872). The examine thought of responses from 11,055 auto insurance coverage prospects who had settled claims up to now six months. Our workforce reached out to Progressive for a touch upon these scores however didn’t obtain a response.

In relation to the cell expertise, drivers go away largely optimistic critiques. The Progressive app has a 3.5-star ranking out of 5 within the App Retailer and 4.2-star ranking with Google Play.

Backside line: Progressive is greatest for high-risk drivers

We price Progressive at 9.0 out of 10.0 and acknowledge it as one of the best for high-risk drivers in 2021. The insurer has a big selection of auto insurance coverage insurance policies and add-on protection, though Progressive insurance coverage critiques from prospects are combined.

Progressive auto insurance coverage is obtainable in each state. The insurer additionally gives the next kinds of protection:

• All-terrain car insurance coverage

• Boat insurance coverage

• Traditional automotive insurance coverage

• Golf cart insurance coverage

• Motorbike insurance coverage

• Leisure car insurance coverage, together with Segways

• Residence insurance coverage

• Renters insurance coverage

• Enterprise insurance coverage

• Medical insurance

Different suggestions for automotive insurance coverage

As a result of automotive insurance coverage relies on quite a lot of elements, what works for one driver might not work for one more. One of the simplest ways to get a superb price is to check a number of auto insurance coverage quotes. Use the free software under to check costs from respected suppliers in your space.

Geico: In our industry-wide overview of main automotive insurance coverage corporations, we named Geico one of the best general selection for car protection. The supplier has a robust status, quite a lot of selections for protection and principally optimistic critiques from customers. Reductions for army service members and federal staff could make insurance coverage particularly inexpensive for some drivers.

USAA: If you happen to or somebody in your speedy household is affiliated with the army, it’s possible you’ll be contemplating USAA. This insurer is understood for inexpensive charges — with reductions for garaging your car on base and extra — and persistently scores nicely in {industry} research. Our overview workforce named USAA one of the best for army households in 2021.

Incessantly requested questions

Is Progressive a superb insurance coverage firm?

With a protracted historical past within the insurance coverage {industry} and robust monetary rankings, Progressive is in good standing. Our skilled overview workforce gave the insurance coverage firm a rating of 9.0 out of 10.0 after contemplating elements equivalent to coverage choices and the client expertise.

Is Progressive low cost?

Auto insurance coverage costs are based mostly on many elements, so it’s not unusual for suppliers to give you completely different charges as you examine plans. Many drivers discover low cost automotive insurance coverage with Progressive — particularly those who qualify for reductions — however the one solution to discover probably the most inexpensive protection for you is to buy round.

Is Progressive or Geico higher?

Progressive and Geico are two of the most well-liked insurance coverage corporations within the nation. Progressive has a number of extra protection choices than Geico, whereas Geico usually has larger customer support rankings. Each suppliers provide aggressive automotive insurance coverage quotes for the {industry}.

Does Progressive elevate insurance coverage charges after six months?

Some Progressive insurance coverage critiques report price will increase after the primary six-month coverage interval. This could occur for quite a lot of causes, together with new driving violations, poor driving habits whereas utilizing the Snapshot app and even normal price will increase for the realm that don’t have anything to do with the person driver.

Our methodology

As a result of customers depend on us to supply goal and correct data, we created a complete ranking system to formulate our rankings of one of the best automotive insurance coverage corporations. We collected knowledge on dozens of auto insurance coverage suppliers to grade the businesses on a variety of rating elements. The tip outcome was an general ranking for every supplier, with the insurers that scored probably the most factors topping the record.

Listed below are the elements our rankings consider:

• Popularity: Our analysis workforce thought of market share, rankings from {industry} specialists and years in enterprise when giving this rating.

• Availability: Auto insurance coverage corporations with higher state availability and few eligibility necessities scored highest on this class.

• Protection: Corporations that supply quite a lot of selections for insurance coverage protection usually tend to meet shopper wants.

• Value: Common auto insurance coverage charges and low cost alternatives have been each considered.

• Buyer Expertise: This rating relies on quantity of complaints reported by the NAIC and buyer satisfaction rankings reported by J.D. Energy. We additionally thought of the responsiveness, friendliness and helpfulness of every insurance coverage firm’s customer support workforce based mostly on our personal shopper evaluation.

*Information correct at time of publication.

The MarketWatch Residence Media workforce contains 5 auto specialists with lots of of hours of expertise reviewing automotive companies and merchandise. We now have researched greater than 200 service suppliers, and we personally have owned 15 vehicles and have over a dozen experiences deciding on and switching between auto insurance coverage corporations. Our aim is to assist customers make smarter monetary selections round car possession and upkeep.