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Progressive Insurance Pros and Cons
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Progressive Auto Insurance Review
Most insurers offer four primary coverages: comprehensive, collision, liability (required by most states), and full coverage. Your lender may require comprehensive and collision coverage if you lease and finance your car. We've outlined the differences between the various coverage types in the table below:
| Damage | Comprehensive | Collision | Liability | Full |
| Theft | Yes | No | No | Yes |
| Vandalism | Yes | No | No | Yes |
| Fire | Yes | No | No | Yes |
| Natural disaster | Yes | No | No | Yes |
| Falling objects (tree) | Yes | No | No | Yes |
| Animal damage | Yes | No | No | Yes |
| Collision/accident | No | Yes | No | Yes |
| Rollover | No | Yes | No | Yes |
| Bodily injury/medical bills | No | No | Yes | Yes |
| Physical damage | No | No | Yes | Yes |
| Property damage | No | No | Yes | Yes |
| Uninsured motorist | No | No | Yes | Yes |
Progressive auto insurance quotes
Progressive has some of the lowest rates across the board. Young drivers and drivers with no accident or traffic violation can expect to save on their policy with Progressive.
We gathered quotes for 30-year-old and 18-year-old males and females living in Illinois with a 2018 Honda Civic Ex. Your rate will vary based on your age, location, driving history, coverage type, coverage amount, and other factors.
| Driver profile | Progressive annual premium | GEICO annual premium | Liberty Mutual annual premium |
| 30-year-old male, no accident, minimum coverage | $514 | $490 | $588 |
| 30-year-old male, no accident, full coverage | $788 | $928 | $1,448 |
| 30-year-old female, no accident, minimum coverage | $285 | $493 | $557 |
| 30-year-old female, no accident, full coverage | $547 | $906 | $1,258 |
| 18-year-old male, no accident, minimum coverage | $1,228 | $1,010 | $1,820 |
| 18-year-old male, no accident, full coverage | $2,434 | $1,889 | $5,379 |
| 18-year-old female, no accident, minimum coverage | $605 | $882 | $1,419 |
| 18-year-old female, no accident, minimum coverage | $1,267 | $1,641 | $4,057 |
Below are the coverage amounts we used to determine Progressive's auto insurance rates:
| Type of coverage | Minimum coverage | Full coverage |
| Bodily injury liability | $25,000/$50,000 | $50,000/$100,000 |
| Uninsured motorist | $20,000 | $25,000 |
| Underinsured motorist | Not included | $50,000/$100,000 |
| Medical payments | Not included | $1,000 |
| Comprehensive | Not included | $1,000 |
| Collision | Not included | $1,000 |
Progressive discounts for all insurance products
- Multi-policy discounts — Receive a discount if you bundle two or more policies, like auto and home insurance.
- Continuous insurance discount — Get a discount if you've been insured with any insurance company every year.
- Paperless discount — Get a discount when you enroll in e-billing and e-delivery of documents.
- Automatic payments — Receive a discount when you enroll for automatic payments of your premiums (cannot be used with the pay in full discount).
- Pay in full discount — Earn a discount for paying your policy in full upfront.
- Online quote discount — Receive a discount for obtaining a quote online before starting a policy.
Progressive auto insurance features and discounts
- Name Your Price — Name your premium price and see coverages in your budget.
- Snapshot — A telematics-based program that personalizes your rate based on your actual driving.
- Good student discount — Receive a discount if your student maintains a B or better.
- Deductible savings bank — For each policy period without an accident or violation, reduce $50 from your comprehensive or collision deductible.
- Accident forgiveness — Progressive has "small accident forgiveness" and "large accident forgiveness" programs.
Visit Progressive's auto insurance website to learn more.
Progressive Homeowners Insurance Review
To obtain quotes from
Homeowners insurance protects your dwelling, protects your personal belongings, and offers personal liability coverage for injuries that occur on your property. The table below includes coverages provided by standard homeowners insurance but will vary depending on your provider.
| Coverage | Included with homeowners insurance? |
| Dwelling/structure | Yes |
| Personal liability | Yes |
| Personal belongings | Yes |
| Loss of Use (additional living expenses) | Yes |
| High-end electronics/special jewelry | Limited, requires add-on* |
| Equipment breakdown | Yes |
| Electrical outage | Yes* |
| Service lines | Yes* |
| Cyber liability | Yes* |
| Water damage | Yes |
| Flood | No** |
| Wind or hail | Yes, but not high winds*** |
| Earthquake | No* |
| Pets | Yes* |
*Available as add-on coverage if not part of policy
**Flood insurance is available through the NFIP and approved insurers
***If you live in hurricane or tornado areas, additional windstorm rider may be required
Progressive homeowners insurance discounts
- Flood insurance — Separate optional coverage for homeowners who live in flood zones.
- Home warranty — Optional coverage that repairs or replaces home appliances.
- Safety and alarm discount — Receive a discount for burglar and fire alarms as well as safety features like automatic sprinklers, security systems, and cameras.
- New home discount — Earn a home insurance discount if you're purchasing a new home or switching from a current renters insurance policy.
- New home construction discount — If you are building a new home, you can earn a discount.
Visit Progressive's homeowners insurance website to learn more.
Progressive Renters Insurance Review
Renters insurance will cover your personal property in the event of damage and theft. Your landlord is responsible for insuring the building and structure, so you won't need to pay for dwelling coverage, unlike standard homeowners insurance.
A renters insurance policy has three main parts: personal property coverage, personal liability coverage, and "loss of use coverage." The table below inc
| Coverage | Included with renters insurance? |
| Dwelling/Structure | No - landlord responsible |
| Personal liability | Yes |
| Personal belongings | Yes |
| Loss of Use (additional living expenses) | Yes |
| High-end electronics/special jewelry | Limited, requires add-on* |
| Roommates | No |
| Cyber liability | Yes* |
| Water damage | Yes |
| Flood | No** |
| Wind or hail | Yes |
| Earthquake | No* |
| Pets | Yes* |
*Available as add-on coverage
**Flood insurance is separate coverage
Data from Hippo Insurance
Progressive renters insurance discounts
- Multi-policy discount — Bundle your auto and renters insurance to save an average of 3% on your car insurance.
- Secured/gated community discount — Get a discount if your apartment complex is gated or has a security guard.
- Single deductible benefit — If you bundle your renters and auto insurance policy with Progressive, and you have an incident that causes you to file a claim on both your renters and auto policy, you'll receive compensation for one of your deductibles.
Progressive renters insurance quotes
Progressive renters insurance starts at $10 per month. Its premiums are cheaper than the national average, which is $179 per year, or about $15 per month. Progressive is not the cheapest renters insurance provider in the industry, but its rates are still competitive.
| Progressive | GEICO | Liberty Mutual |
Starts at $10 per month | Starts at $12 per month | Starts at $5 per month |
Progressive Life Insurance Review
There are two types of life insurance: permanent life and term life. Some financial advisors recommend a combination of term and permanent life insurance.
| Types of term life insurance | Types of permanent life insurance |
| Level premium | Whole life |
| Annual renewal (ART) | Universal life |
| Return of Premium | Guaranteed Universal |
| Convertible | Indexed Universal |
| Group life insurance | Variable life |
| Guaranteed issue | Variable universal life |
| Simplified issue | |
| Final expense |
Progressive life insurance features
- Term life — Provides coverage for a period of time based on the term length you select — usually 10, 20, or 30 years
- Final expense — A no medical exam life insurance policy referred to as "burial insurance" with coverage between $5,000-$35,000
- Short-term life — Referred to as RAPIDecision Life One, a new one-year term life insurance product starting at just $7 per month, targeting millennials but available for ages 20-60. Coverage ranges from $50,000 to $200,000. It's a no medical exam simplified issue product.
- Whole life — A permanent life insurance product that offers cash value in addition to death benefits
- Universal life — A permanent life insurance product that offers cash value based on interest rates in addition to death benefits
Visit Progressive's life insurance website to learn more.
Progressive insurance vs. the competition
Progressive | GEICO | Nationwide | |
| Availability | National presence | National presence | National presence |
| Types of insurance offered | Auto, homeowners, renters, life, and pet | Auto, homeowners, renters, life, and pet | Auto, homeowners, renters, life, and pet |
| Claims and customer satisfaction |
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Is Progressive trustworthy?
Among all policy types, the NAIC Complaint Index shows that
While
Progressive — Frequently Asked Questions (FAQ)
Are Progressive's online rates the same as rates from an agent?
No, obtaining a quote online and obtaining a quote via Progressive agent can result in different rates. According to Progressive, "these areas of our business make independent decisions about the expenses they incur and the prices of their products." To learn more, visit Progressive's FAQ page.
Does Progressive offer pet insurance?
Yes, Progressive offers pet insurance through Pets Best. You can save 5% on your policy when you obtain a quote for pet insurance, and another 5% if you insure more than one pet. Progressive offers accident, accident and illnesses, and wellness plans.
How do I pay my Progressive bill?
You can pay your Progressive bill by logging into Progressive's customer service site to pay online, send a payment via text on your mobile device, make a payment by phone at 1-800-776-4737, set up automatic payments, or sending a check to Progressive via mail.