Advantages of progressive insurance
- Provides customizable auto and home insurance coverage.
- In addition to providing a variety of qualifying discounts, auto insurance discounts are among the best on the market.
- Customers can take advantage of a variety of easy-to-use online tools and information.
- AM Best’s above-average rating indicates the company’s strong financial health.
Cons of Progressive Insurance
- According to JD Power ratings, auto and home insurance policies are rated below the industry average in terms of claim satisfaction.
- Compared to other providers, the possibilities of the life insurance policy are limited.
- Provides only a few supplemental homeowners insurance coverage options.
- The NAIC Complaint Index reveals a disproportionately high number of complaints about many of its insurance products.
Related: Comprehensive auto insurance vs. collision: everything you need to know
How much does the progressive cost?
According to our rate estimates, 35-year-old drivers with good credit and a clean driving record pay an average of $1,397 per year for full coverage insurance with Progressive. This is 19% less than the annual national average of $1,732.
Progressive is one of the cheapest companies on the market, while some drivers may find USAA, Erie, Auto-Owners, State Farm, and Geico more affordable.
Of course, several factors determine your vehicle insurance rates, and the progressive rates you get may differ from the above estimates. Unless you live in California, Hawaii, Massachusetts, Michigan, or Washington, you’ll pay more for auto insurance if you have bad credit.
Also, if you have a poor driving record or are an inexperienced driver, your insurance alternatives will be more expensive. Here are a couple more progressive full coverage price estimates based on various driving profiles.
According to their rate estimates, progressive full coverage insurance is typically less expensive than the national average premium for high-risk drivers. Drivers with poor credit and DUI convictions are included.
