A giant in the insurance world with over 18 million customers, Progressive manages to attract and retain so many satisfied customers with continued commitment to saving its customers money on their car insurance rates. Progressive was the first auto insurer to offer safe driver discounts, which makes the company a great option for people with a good driving record who are looking for the cheapest car insurance options. Even today, customers who switch to Progressive save an average of $699 on their car insurance premium per year.
Progressive car insurance
Types of coverage
Progressive offers a variety of car insurance policies and discounts, and it’s easy to request quotes online. Typical car insurance coverages include:
Bodily injury and property damage liability: If you’re at fault in an accident, your liability coverage will help pay the medical expenses and repair costs of the other driver. State laws require motorists to carry minimum amounts of liability coverage.
Comprehensive: State laws don’t require drivers to carry comprehensive insurance, but if you finance a vehicle, the lender probably will require it. Comprehensive car insurance covers non-collision damages or losses. For instance, if a thief steals your car or it’s damaged in a storm, your comprehensive insurance will pay to repair or replace it.
Collision: Like comprehensive coverage, states don’t require you to purchase collision insurance, but lenders require it for financed vehicles. Collision insurance pays to repair or replace your automobile following a collision.
Uninsured and underinsured motorist bodily injury and property damage: If an uninsured or underinsured driver causes an accident, this type of coverage will help pay your medical expenses and repair costs. Some states require you to carry uninsured and underinsured motorist insurance.
Medical payments: Medical payments coverage, also called personal injury protection, pays the medical or funeral expenses of you and your passengers following a collision. Some states require drivers to carry PIP coverage.
Progressive also offers optional coverages that, while not required, provide additional protection for drivers who need them:
Custom parts and equipment value: Car owners often add custom equipment such as stereo or navigation systems, which standard car insurance doesn’t cover. But with custom parts and equipment value coverage, Progressive will pay up to $5,000 to repair or replace customizations following a covered accident.
Deductible savings bank: For each policy period you remain claims free, Progressive will reduce your collision and comprehensive deductible by $50, but only if you choose the deductible savings bank option.
Lease/loan payoff: Insurance companies only pay the actual cash value of a vehicle when it is totaled in an accident. When totaling a leased or financed car, the owner may owe the leasing company or lender more money than the claim will cover. Progressive’s lease/loan payoff coverage helps fill the gap between what the insurance company pays and the amount you still owe on the lease or loan.
Rental car reimbursement: If your car needs repairs after a covered accident, Progressive’s rental car reimbursement coverage can help offset the cost of renting a vehicle.
Rideshare: Rideshare companies offer some insurance coverage for drivers and their vehicles. But the coverage they provide only covers you and your vehicle during trips requested by a customer. Progressive’s rideshare coverage fills in the gap, extending your personal car insurance coverage to cover you and your vehicle while you’re logged in to your ridesharing app, but not transporting a passenger.
Roadside assistance: When you have a flat tire, need a tow or lock yourself out of your automobile, Progressive’s roadside assistance can come to the rescue.
Cost of Progressive car insurance
The average annual car insurance premium for full coverage is $1,738. This price rises or drops depending on the location, the type of car and the insurance provider. Progressive doesn’t claim to have the cheapest rates in the market, but still offers lower than the average cost.
Progressive also offers various programs and discounts to help lower your premium without sacrificing coverage.
Discounts
Progressive offers several ways for you to reduce your car insurance premium, including the following discounts:
Automatic payment
Continuous insurance
Distant student
Good student
Homeowner
Multi-car
Multi-policy
Online quote
Paperless documents
Pay-in-full
Sign online
Teen driver
The Progressive Snapshot program is the insurer’s more recent discount program that leverages technology to help you save even more money. All you need to do is download the Snapshot app to your smartphone or install a device in your vehicle. Using GPS and sensors, the app or device tracks your driving habits and rewards safe driving behavior with lower premiums.
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