Progressive Auto Insurance: Worth the Price?
Progressive's flexible auto insurance options, like the Name Your Price tool, make it tempting. But are the premiums too high for what you get?
The Quick Version
Progressive Auto Insurance offers a customizable experience that's particularly attractive for those looking to manage their budget. With tools like Name Your Price and Snapshot, plus potential bundling discounts, it's a strong contender. But keep an eye on those premiums — they start at $110 and can climb to $170 per month.
Progressive offers customization but at a cost.
Progressive Auto Insurance
What's Inside
Progressive's auto insurance includes a variety of coverage options: liability, collision, comprehensive, gap insurance, and custom parts. The Name Your Price tool allows you to tailor your policy to fit your budget, while bundling with home insurance can save you an extra 5% in most states. The Snapshot program offers potential savings up to $145 based on your driving habits.
What's Actually Good
- ✅ Name Your Price tool for getting personalized quotes.
- ✅ Snapshot program could save you up to $145.
- ✅ Bundling discounts with home insurance add extra savings.
- ✅ Variety of coverage options to suit different needs.
Switching to Progressive could save you over $900, making it a lucrative choice if you're currently overpaying elsewhere.
The Catch
- ❌ Monthly premiums from $110 to $170 can be steep for budget-conscious drivers.
- ❌ Deductible options range from $500 to $1,500, which might not suit everyone.
- ❌ Customer service experiences vary, so you might not always get top-notch support.
- ❌ Not the cheapest option in all states, so shop around if cost is a priority.
Who It's For
If you're someone who likes to customize your insurance and potentially save money by bundling or through good driving, Progressive is worth considering. However, if you're strictly looking for the lowest monthly premium, you might want to explore other options.
The Bottom Line
Progressive offers flexibility and potential savings with its tools and discounts. But if high premiums make you second guess, consider looking elsewhere. Thinking about protecting your rental too? Check out our guide on renter's insurance: Renter's Insurance: Best Guides for Every Need.
