The Progressive Corporation is an American insurance provider, it is the country’s third-largest commercial auto insurer in the US. Jack Green and Joseph M. Lewis co-founded the business in 1937, and it has its headquarters in Mayfield Village, Ohio.
So, is Progressive Insurance right for you? To help make this decision, let’s take a closer look at the pros and cons of Progressive Insurance. We will dive into everything from customer service to coverage options, so you can make an informed choice about your insurance needs. Let’s get started!
Pros & Cons of Progressive Insurance
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If you’re researching car insurance providers and considering Progressive, you probably wonder, “Is Progressive insurance good?” The short answer is: yes. But to give you the full picture and ensure it’s the right provider for your needs, let’s look at some of the features of Progressive car insurance.
At its core, Progressive provides competitive rates and plenty of coverage options. That includes personal property coverage, medical payments coverage, and emergency road service, all available as add-ons to your policy. Some other notable features that make Progressive stand out from the crowd are:
- Accident forgiveness – If you have an accident, you’ll remain eligible for renewal without additional costs or premium increases.
- Roadside assistance – You can easily request emergency service with Progressive’s 24/7 roadside assistance team.
- Name Your Price – With Progressive’s Name Your Price tool, you can tailor your policy to suit both your budget and coverage need without sacrificing essential protection.
- Online resources – From online advice guides to virtual assistant tools, Progressive makes it easy to get help when you need it most.
These features give Progressive an edge over many other providers when it comes to saving time and money while getting the quality protection you need.
Here are some of the pros & cons of Progressive insurance:
Pros of Progressive Insurance
When it comes to choosing the right insurance provider, it’s important to weigh the pros and cons. Let’s start with the pros of Progressive Insurance.
Usage-based insurance discount
Another big feature of Progressive Insurance is its usage-based insurance discount. We all know how expensive car insurance can be, so when you’re looking for ways to lower it, this could be a great option.
Basically, a usage-based insurance discount monitors how and when you drive your car and rewards you for good driving habits at a lower rate. This not only saves you money but also encourages better-driving behavior overall.
Usage-based insurance discount works through technology that’s installed in your vehicle (available in most makes and models). It tracks things like speed, time of day, miles driven, braking patterns, and more. If the data collected shows that you have good driving habits, like not speeding or braking too hard, you get rewarded with discounts on your insurance premiums.
With a usage-based insurance discount from Progressive Insurance, you can save up to 30% on your car insurance every six months. That’s real money in your pocket!
Highly rated mobile app
You might not know that Progressive Insurance has a highly-rated mobile app that makes managing your policy so much easier. It even works on both iOS and Android platforms. Pretty neat, right?
The app features tons of handy tools, like the ability to:
- View your policy documents anytime, anywhere
- Easily change your coverage limits
- Make convenient payments
- Report a claim straight from your phone
- Track the status of an existing claim
So if you’re looking for an easy way to stay updated with and manage your Progressive Insurance policy, this could be the perfect solution for you.
Good Choice for High-risk Drivers
High-risk drivers are typically those who have had multiple tickets or accidents. In most cases, these drivers won’t qualify for traditional policies with other insurers, but Progressive will consider applicants on a case-by-case basis. This provides an opportunity for high-risk drivers to get the coverage that they need.
Claims Satisfaction Guarantee
Finally, Progressive offers the Claim Satisfaction Guarantee, where they promise to process any claim within 24 hours or reimburse you an amount equal to your deductible, up to $250! This guarantee makes Progressive a great choice if you’re looking for insurance with low risk and lots of benefits.
Wide selection of coverage options
Another great thing about Progressive Insurance is the wide selection of coverage options it provides.
From basic liability coverage to extended coverage for specialized vehicles, you’ll find budget-friendly policies from Progressive. They also offer coverage for high-value collector items, as well as for classic and custom cars.
Plus, if you own a motorcycle, boat, or ALL-Terrain Vehicle (ATV), Progressive has you covered there too. Whether you need comprehensive collision or theft protection for your watercraft, off-road vehicle, classic car, or luxury vehicle, you can find a policy that fits your needs and budget with Progressive Insurance.
Cons of Progressive Insurance
When it comes to Progressive Insurance, there are a few cons to consider:
Snapshot Program Can Raise Rates for Some Drivers.
The Snapshot program. Snapshot is an optional program that Progressive offers that uses data from a plug-in device in your car to measure speed, braking, and time of driving. For some drivers, this can raise their rates after the first policy term ends.
Average Customer Service Ratings
Another con with Progressive is its average customer service ratings. Reviews on the company vary depending on who you ask, but it is common knowledge that customer service ratings are lower than some other insurers out there.
Higher Rates than other insurers
Progressive’s rates are typically higher than other insurers. This could be due to the wide array of services they offer, such as car insurance bundles and discounts for safe-driving habits, which add to the cost of premiums for all customers, not just those who enroll in Snapshot.
In summary, there are pros and cons to any progressive insurance plan. On the plus side, it’s a great option for those who are looking for discounts and coverage options that fit their lifestyle. Progressive’s online tools make it easy to get free quotes, compare coverage, and manage your policy.
However, it’s important to note that Progressive is among the more expensive providers out there, and their customer service is not always top-notch.
Ultimately, to get the most out of Progressive insurance, you’ll need to do your research to decide which coverage you need, figure out if Progressive is a good fit for you, and compare quotes from other providers.