Progressive is an insurance company mostly known for its auto insurance, but it also provides cover to any type of vehicle as well as home, renters, and life. Indeed, it is the third largest auto insurance provider in the United States.
What Is Progressive Insurance?
In 1937, Joseph Lewis and Jack Green built Progressive Mutual Insurance Company as they saw an occasion to give car owners “security and protection”. In fact, the group has changed the insurance industry, becoming one of the largest and most trusty insurers in the country.
Since the start, they have put in place many services, like the drive in claims service and paying insurance premiums in installments. In fact, this helps to make car insurance easy and handy for every person.
In 1995, Progressive was the first major auto insurer in the world to launch a website. And in 1996, clients could compare rates online. Just one year later, people were allowed to buy Progressive auto insurance policies online.
Today Progressive offers many 24/7 digital tools :
- Online policy service and management;
- Online claims reporting;
- A comparison tool;
- Independent agent locator;
- Instant quoting service.
Progressive has also expanded to provide many cover services. It is best known for its auto insurance brand, but the group also offers solutions for a wide variety of personal and commercial risks :
In this guide, we will focus on auto insurance.
Progressive Auto Insurance Information
First, it is important to know that Progressive is among the Best Car Insurance Companies of 2020, earning 4.5 stars out of 5 for overall performance. The score analyzes factors such as:
- Price and discounts;
- Ease of filing a claim;
- Website transparency;
- Financial strength;
- And complaint data from the National Association of Insurance Commissioners.
The group offers many auto covers and options such as roadside assistance and rental car coverage. The auto insurance contracts will change depending on the state that you live.
What Does Car Insurance Cover?
Progressive auto insurance covers damage to your vehicle, damages, and injuries you cause if you hit someone else and more.
Progressive Auto Insurance Programs
The Progressive Snapshot Program
The snapshot program is a free opt-in service that gathers info on your driving habits. These ones could be speed, how much you drive, and when you drive. Progressive Snapshot program was created to boost your savings by driving safely.
To enter the program, all you need to do is plug the Snapshot device into your car’s diagnostic port. Depending on how safe you drive, your insurance rates can go up or down next time you renew. If the collected data show you are a safe driver, you will get an automatic discount for signing up.
It is important to know that data could be collected by your mobile app also.
The Snapshot Program is a great choice to learn better and safer driving habits from the results produced by the program. In addition, it will help you save money.
Progressive Rideshare Insurance
The Rideshare Insurance offer is not available in all states. It is an insurance that only covers the time between accepting a ride and dropping off a client. The main feature of this is that it helps you expand your auto insurance anytime you have the app on, so you are protected even between rides.
This cover is good for those people working in Uber, Lyft, and other rideshare platforms.
This cover protects your vehicle against all events beyond your control :
- Hitting an animal;
- Glass breakage;
- Acts of nature;
In this comprehensive cover, you will pay a deductible, but the good news is that you will be able to choose the amount.
This type of coverage covers car accidents. It will pay to repair or replace your damaged car if you crash with another object :
With this type of auto cover, Progressive will pay you in any case, even if it is your fault. You will also need to pay a deductible.
Collision coverage will cover your pet injuries. For instance, if your pet is hurt in a car accident, Progressive auto insurance will cover your vet bills up to a fixed amount.
Likewise, a full car insurance includes covering your vehicles with comprehensive and collision coverage.
Uninsured/Underinsured Bodily Injury Coverage
Progressive also covers your injuries when someone else crashes you and can’t afford to pay you. It usually happens when the guilty party has no insurance or not enough insurance.
Uninsured/underinsured Motorist Property Damage
It is similar to bodily injury coverage, but this insurance covers your vehicle damage if someone else hits you and can’t pay.
When you are injured in an auto accident, medical payments will cover your injuries, funeral expenses, and more. It covers your family members or passengers, regardless of fault.
It can be used if you or your family are passengers in another vehicle or are hit by a car while you are walking or riding a bicycle.
Progressive Optional Auto Insurance Coverages
- Custom parts and equipment value – Progressive will pay up to $5,000 to repair or replace some details after a covered accident;
- Deductible savings bank – For each policy period you remain claims free, Progressive will reduce your collision and comprehensive deductible by $50;
- Lease/loan payoff – This cover helps fill the gap between what the insurance pays and the amount you still own on the lease or loan;
- Rental car reimbursement – This coverage can help pay the cost of renting a car after a covered car accident;
- Roadside assistance – Progressive roadside assistance can rescue you if you have a flat tire, need a tow or lock yourself out of the car.
How Much Car Insurance Do You Need?
As you can see, Progressive Auto Insurance offers a wide variety of policies, and choosing what you need can be easier said than done. In fact, one of the main things you need to find out is the minimum required of auto insurance in your state.
Even though having the minimum is not enough, it is better than nothing. A good rule could be to choose auto insurance that covers you for an amount equal to the total value of your car.
Consider the following before buying auto insurance.
You don’t need to invest a lot of money on a Personal Injury policy if you are covered with health insurance; just buy the required minimum.
However, it is important to have sufficient cover against non insured and non derinsured drivers. This can help you cover the costs your health insurance won’t.
If you want to repair or replace your car after an accident, you need to select collision and comprehensive coverage. The good idea is to choose the highest deductible you can afford because a higher deductible will lower your auto insurance premium.
You have to know that if you submit a claim for every little issue, your premium will increase.
Once you decide how much cover you need, it is time to go to the Progressive website. There, you can ask for a quote. You have to keep in mind that Progressive only accepts the best drivers. So if you have a history of accidents or moving violations, you will have trouble qualifying.
When you request a quote at Progressive, don’t forget to ask about all available discounts.
Progressive Auto Insurance offers several discounts, such as:
- Multi policy: discount rate of 5%;
- Multi car: discount rate of 12%;
- Continuous insurance: discount varies;
- Snapshot program: discount of $145;
- Teen driver: discount varies;
- Good student: discount varies;
- Distant student discount: discount varies;
- Online quote: discount rate of 4%;
- Sign online: discount rate of 8.5%;
- Paperless: discount varies;
- Pay in full: discount varies;
- Automatic payment: discount varies.
As you can see, there is always a way to save money. Make sure to ask for a list of all possible discounts to see if you qualify.
Why Do You Need Car Insurance?
Above all, car insurance is a legal need. When you have proper car cover, you will have financial protection in the case of your car being damaged. Besides, it also provides cover for injuries to other drivers, passengers, pedestrians, or property.
It is necessary because it covers your expenses. And it is stipulated in the Road Traffic Act 1988 that all motorists must be insured against their liability to other people.
In addition, you can have peace of mind as your auto insurance will provide financial support if your car is stolen, vandalized, or destroyed by fire.
You have to understand that driving without car insurance is illegal. If you don’t have it, you could be fined or disqualified from driving. Depending on your financial situation, you can choose from three levels of cover, which are:
- Third party;
- Third party, fire, and theft;
Learn more about different types of auto insurance coverage by going to the Progressive Auto Insurance website, as they will provide all the information you need to keep you safe on the road.