Progressive Insurance Company Review 2024
Written by
Christine Lacagnina has written thousands of insurance-based articles for TrustedChoice.com by authoring consumable, understandable content.
Trusted Choice's Progressive Insurance Score
5 Stars
Trusted Choice rates Progressive Insurance 5 out of 5 stars. Thanks to its extensive history in the insurance industry, large catalog of insurance products, and excellent ratings by AM Best, customers who shop with Progressive can expect quality coverage and reliable customer service.
Progressive also works with a network of more than 40,000 independent insurance agents nationwide to offer a more personalized experience for its customers. We love that Progressive makes itself highly accessible to its customers, and that, combined with quality insurance products and outstanding service overall, leads us to award the carrier the highest possible rating.
Progressive Insurance Company Pros and Cons:
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Progressive was founded in 1937, giving the carrier more than 80 years of experience in the insurance industry. Fifty years ago, Progressive became the first insurance company to allow consumers to pay their premiums in installments, a huge milestone for the carrier. Coverage is available nationwide.
The insurance company's original mission was to become the number one choice for auto insurance with both consumers and agents. With its rich history and a vast selection of products available, Progressive has earned a reputation as a stable insurance company with a positive outlook for the future.
Progressive's Insurance Products by Type
Progressive offers a wide selection of insurance products, including:
Vehicle & Auto Insurance
- ATV/UTV
- Auto
- Boat
- Classic car
- Golf cart
- Mechanical breakdown
- Mexico auto
- Motorcycle
- PWC
- RV/Trailer
- Segway
- Snowmobile
Property Insurance
- Condo
- Flood
- Homeowners
- Home warranty
- Home security
- Mobile home
- Renters
Personal Insurance
- Dental
- Electronic device
- Health
- ID theft
- Life
- Pet
- Travel
- Umbrella
- Vision
- Wedding and event
Commercial Insurance
- Business
- Business owners policy
- Commercial auto
- General liability
- Professional liability
- Workers' compensation
| Insurance Type: | Home Insurance |
Auto Insurance |
Life Insurance |
|---|---|---|---|
| Coverages offered: | Dwelling, loss of use, personal property, liability | Liability, comprehensive, collision, uninsured motorist, roadside assistance | Term life, final expense, short-term life, whole life |
| Discounts available: | Bundling, safety and alarm, advanced quotes, new purchase, paperless | Bundling, multi-car, safe driver, teen driver, good student | No discount information provided |
| Fast quotes offered: | Yes | Yes | Yes |
| Required: | Maybe, by mortgage lender | Yes, specific coverage requirements vary by state | No |
Progressive Homeowners Insurance
Homeowners insurance from Progressive helps property owners protect their homes against numerous disasters, from fires to break-ins and more. The coverage offered by the carrier is standard, with the typical core protections you expect to find in a homeowners policy.
Coverage types, features, and benefits:
Loss of use
Progressive's loss of use coverage helps reimburse homeowners who aren't able to stay in their homes during an extensive repair process. Hotel stays and meals are examples of covered expenses.
Personal property
Progressive's personal property coverage offers reimbursement if you need to replace or repair destroyed, damaged, or stolen personal property after a covered disaster like a fire. Insurance riders are also available if you need to "schedule" more valuable items on your policy, like jewelry.
Dwelling
Progressive's dwelling coverage offers reimbursement if you need to rebuild or repair your house after a covered disaster.
Liability
Progressive's liability coverage is available up to a $500,000 limit to help pay for lawsuit costs if you get charged with a third party's bodily injury or property damage. Medical bills and lost wages for a third party can also be reimbursed with this coverage.
Progressive Home Insurance Average Prices
Progressive makes its homeowners insurance policies highly affordable, no matter where you live. Here are some quotes for policy prices by dwelling coverage amount.
| Home Insurance Dwelling Coverage |
Average Annual Home Insurance Rate |
|---|---|
| $150,000 | $958 |
| $250,000 | $1,358 |
| $350,000 | $1,810 |
| $450,000 | $2,266 |
| $750,000 | $3,731 |
To get estimates for home insurance pricing for every state, check out our home insurance calculator.
Progressive Auto Insurance
Though Progressive now offers a wide range of coverage options, the carrier is perhaps still best known for its auto insurance. The insurance company provides a comprehensive assortment of protection for car insurance customers.
Coverage types, features, and benefits:
Liability
Progressive's auto liability coverage can reimburse for property damage or bodily injury you cause to others with your vehicle, as well as possible lawsuit costs.
Comprehensive and collision
Progressive's comprehensive auto coverage can reimburse for threats to your vehicle other than collision, such as theft, windshield breakage, crashes involving large animals, etc. Collision coverage reimburses for physical damage to your vehicle after an accident, whether you're at fault or not.
Uninsured/underinsured motorist
Progressive's uninsured/underinsured motorist coverage can help pay the costs of your own property damage or injury treatment if another driver causes an accident and carries little or no auto insurance of their own.
Roadside assistance
Progressive's roadside assistance coverage pays for services like towing, fuel delivery, tire changes, and more if your car gets stuck on the road.
Progressive Auto Insurance Average Prices
Progressive's auto insurance rates tend to be cheaper than the national average rates for drivers in each specific age category. Check out some quotes for Progressive's car insurance by driver age below.
| Driver Age | Average Monthly Car Insurance Rate |
|---|---|
| 18 | $146 |
| 21 | $84 |
| 45 | $46 |
| 55 | $46 |
| 65 | $49 |
To get an estimate of car insurance pricing per age, state, etc., check out our car insurance calculator.
Progressive Life Insurance
Progressive offers four major types of life insurance policies to suit the unique needs of a wide and varying population.
Coverage types, features, and benefits:
Term life
Progressive's term life policies offer affordable rates and coverage that lasts for a specific increment, such as 10, 15, 20, or 30 years.
Final expense
Progressive's final expense coverage, otherwise called burial insurance, is designed to help you cover the costs of your funeral, hospital bills, etc. This type of coverage is permanent and doesn't require a medical exam.
Short-term life
Progressive's short-term life insurance offers coverage for a unique one-year span in case you need to bridge a gap in your coverage or are new to exploring life insurance options. Policies are available with no medical exam and can be obtained quickly.
Whole life
Progressive's whole life coverage is also known as permanent life insurance because it's a policy built to last your whole life with a fixed premium rate. This type of coverage also accrues a cash value you can borrow against at your discretion.
Your independent insurance agent can help you find more information about the coverage offered by Progressive and help you decide if this insurance company is right for you.
Progressive Life Insurance Average Prices
Progressive's official website lists the prices customers can expect to pay for a term life insurance policy with $250,000 worth of coverage broken down by age range and gender. The rates below demonstrate monthly premiums.
Price of life insurance
| Age | Females | Males |
|---|---|---|
| 20 | $14.79 | $16.10 |
| 30 | $15.01 | $16.10 |
| 40 | $17.84 | $18.92 |
| 50 | $31.97 | $35.45 |
| 60 | $59.60 | $77.43 |
To get more quotes for all types of life insurance policies broken down by age, location, and more, check out our life insurance calculator.
What Discounts Does Progressive Offer?
Progressive offers several competitive discounts on their coverage, including the following:
- Bundling discount: Offered to customers who combine their auto and home coverage through Progressive.
- Safe driver discount: Offered to customers who have maintained a clean driving record for at least three years.
- Good student discount: Offered to customers who make good grades in school, typically a "B" average or better.
- Advance quote discount: Offered to customers who get their quotes online at least 10 days before buying coverage.
- Autopayment discount: Offered to customers who have their insurance premium automatically drafted each month.
- Pay in full discount: Offered to customers who pay their entire year's premium upfront in one lump sum.
- New home construction discount: Offered to customers who insure newer homes.
- E-documents discount: Offered to customers who receive their policy documents via email.
An independent insurance agent can provide more extensive discount information from Progressive, including the exact percentage you can save with each one on your premiums. When it comes to coverage, independent insurance agents work hard to make sure you get the right insurance for your needs.
Progressive Insurance Customer Service
Progressive offers online support as well as 24/7/365 phone customer service support and claims reporting. The carrier also provides the following customer service options:
- Online claims reporting
- Live chat
- Email contacts
- Mobile app
- Online bill pay
| Days | Hours | ||
| Monday-Sunday | 24/7 |
To ensure a great customer service experience, work together with an independent insurance agent. These agents can help handle claims and other matters for you so you can relax and enjoy your coverage.
Connect with a Progressive Agent Today.
Shopping for insurance? Progressive has you covered.
Progressive Insurance FAQs
Progressive offers claims reporting through a couple of avenues. Customers can file a claim through the mobile app, online, or by calling the carrier. However, the insurance company does not provide an official claims response time frame promise on their official website. Progressive encourages customers to file claims within 24 hours of an incident.
Progressive allows customers to file claims through their mobile app, online, or via phone. The carrier's customer service department is available 24/7/365, which makes them highly accessible to customers in need. The insurance company also has a comprehensive social media presence across Facebook, Instagram, YouTube, X, and LinkedIn.
Progressive offers several options for claims reporting. The insurance company details their auto insurance claims process on their official website as follows:
- Submit your claim: Start by filing your claim through one of Progressive's many options such as by phone, online, etc. They'll ask you for some basic info during the process. Your independent insurance agent can also do this for you.
- Inspection and repair options: A claims rep from Progressive will ask you to choose whether you want to get your vehicle repaired or receive reimbursement. From there, they'll advise on the next steps.
- Schedule your repairs: If you choose to get your vehicle repaired, the claims rep schedules the repairs at one of several local shops of your choice.
- Your car is repaired: Your vehicle then undergoes the repairs at the shop selected. Shops in Progressive's approved network offer guaranteed repairs as long as your vehicle is owned or leased by you.
If customers have other questions about filing or the claims process itself, they can contact the carrier via phone, online, live chat, email, or get in touch with their independent insurance agent.
Progressive’s official website is highly intuitive and easy to navigate. The carrier provides a lot of information about its claims process and provides several options for claims reporting. The insurance company offers 24/7/365 customer service and a mobile app, which makes for an excellent, user-friendly experience overall.
With excellent ratings through AM Best and customers alike, 24/7/365 customer service availability, a large catalog of insurance products, and a highly user-friendly experience, Progressive has certainly earned a reputation as a good insurance company.
Progressive offers a wide selection of coverages, ranging from specific types of vehicle insurance to homeowners insurance, life insurance, and beyond. Coverage is also offered in all 50 states, so customers across the country with varying insurance needs can find a product that works for them from Progressive.
While your independent insurance agent can help obtain exact quotes for Progressive's home insurance for you, we were able to find a few annual home insurance averages for several dwelling coverage limits:
- $150,000 in dwelling coverage: $958 annual premium
- $250,000 in dwelling coverage: $1,358 annual premium
- $350,000 in dwelling coverage: $1,810 annual premium
- $450,000 in dwelling coverage: $2,266 annual premium
- $750,000 in dwelling coverage: $3,731 annual premium
https://www.progressive.com/answers/how-much-is-life-insurance/
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