Lowering Progressive Auto Insurance: Tips And Tricks

There are a variety of ways to lower your Progressive auto insurance premium. Progressive offers a wide variety of discounts, including paperless billing, multi-car, multi-policy, good student, student away at school, and auto-pay. You can also save money by increasing your deductible, bundling your policies, or reducing your coverage. Another option is to try usage-based insurance, which takes into account your driving habits and rewards safe and infrequent drivers with lower rates. Finally, you can take a defensive driving course, which may qualify you for a lower premium.

Increase your deductible

Increasing your deductible is one of the easiest ways to lower your Progressive car insurance premium. This means that you will pay less each month for your insurance, but it also raises the costs you pay out of pocket if you need to file a claim.

Your deductible is the amount you pay out of pocket before your insurer pays the rest. By requesting a higher deductible, you can lower your costs substantially. For example, increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15 to 30%. Going to a $1,000 deductible can save you more than 40%.

Progressive offers deductibles on auto collision coverage, auto comprehensive coverage, UM/UIM coverage, and PIP. If you have any of these coverages, you can reach out to your insurer to see if you can increase your deductible in exchange for a lower premium.

However, it's important to consider your situation before increasing your deductible. While it can lower your premium, it also means you will pay more if you ever need to file a claim. If you are accident-prone, drive a lot, or have kids who will be learning to drive soon, you may be better off with a lower deductible.

Bundle your policies

Bundling your policies is a great way to save money on your Progressive auto insurance. By combining any two or more Progressive Insurance products under one policy, you can take advantage of multi-policy discounts and simplify your insurance management. Here's everything you need to know about bundling your policies with Progressive:

Types of Bundles

Progressive offers various options for bundling your insurance policies. You can choose to bundle your auto insurance with other types of insurance, such as:

• Home insurance: You can protect your car and home with Progressive and get a multi-policy discount on your auto policy when paired with homeowners insurance or condo insurance.
• Renters insurance: Combining your auto and renters insurance is an excellent way to lower costs, as renters insurance is already inexpensive. You'll also receive a multi-policy discount on your auto policy.
• Other policies: Even if you don't have auto and home insurance with Progressive, you can still bundle and save. You can combine any two or more policies, such as motorcycle/boat, boat/RV, renters/motorcycle/boat, and more.

Benefits of Bundling

Bundling your policies with Progressive offers several advantages:

• Convenience: Managing multiple insurance policies through a single company saves you time and energy. You'll have less paperwork to deal with and enjoy the convenience of having all your policies under one roof.
• Flexibility: Progressive can help you transition through different life stages and insurance needs, such as going from renter to homeowner or adding more vehicles to your policy.
• Discounts: By bundling your policies, you'll be eligible for multi-policy discounts. On average, customers who bundle home, condo, or renters insurance with auto insurance save 5% on their auto policy.

When to Bundle

There's no wrong time to consider bundling, but the ideal time is when you're purchasing a new home. Instead of shopping around for separate homeowners insurance, you can simply add it to your auto policy and start saving immediately.

Adding Policies

If you already have auto insurance with Progressive and want to add another policy, such as home insurance, the discount will be applied to your existing auto policy. There's no expiration date on qualifying for the bundled home and auto insurance discount. You can also switch both your auto and home insurance policies to Progressive and see the discount reflected in your quote.

Cancelling Policies

If you need to cancel one of your bundled policies, you can do so without any problems. However, please note that cancelling one of the bundled policies may result in losing the multi-policy discount. Contact Progressive to discuss your specific situation and explore your options.

Reviews

Progressive has received positive reviews from customers who have bundled their home and auto insurance. Some customers report saving money and having a seamless transition to Progressive, feeling confident in their coverage, and appreciating the convenience of managing multiple policies through a single company.

Sign up for a safe driving program

Progressive has a safe driving program called Snapshot that monitors your driving for 6 months. Based on your driving skills, you could save up to 20% off your Progressive Insurance premium. With Snapshot, you pay based on how often and how safely you drive. This gives you control over the amount you can save.

Snapshot is a usage-based insurance program that personalizes your car insurance rate based on your actual driving. It takes into account how you drive, how much you drive, and when you drive. While your rate could increase with high-risk driving, Progressive claims that most drivers save with Snapshot. In fact, drivers who save with Snapshot save an average of $231 a year.

• Limit hard brakes and accelerations: Go easy on the gas and avoid slamming your brakes.
• Avoid late-night driving: Limit trips between 12 a.m. and 4 a.m. on weekends, as the roads can be more dangerous during these times.
• Drive less: The less you drive, the more you can save. If you must drive, focus on driving safely.
• Avoid phone use: Avoid texting, calls, or other handheld phone activity to stay safe and boost your discount.

To get started with Snapshot, you can get a quote, enroll in the program, and then choose to participate using the mobile app or a plug-in device. You will receive regular email updates on your progress, and you can also check your progress, trip logs, and more on your phone or by logging into your account on Progressive's website.

Once Snapshot collects your driving information, you will receive a new personalized rate when your policy renews. In addition to the potential savings, you also get an instant discount on your Progressive Insurance premium when you sign up for Snapshot.

Lower your coverage

Lowering your coverage is one of the most impactful ways to lower your Progressive auto insurance premium. Nearly every state requires a minimum amount of car insurance, but your coverage might include more than what's required. If that's the case, consider lowering your liability insurance limits to reduce your premium. You can also drop optional coverages like comprehensive and collision, as long as you don't have a car lease or loan that requires them.

Before you make any changes to your coverage, it's important to understand what types of car insurance coverage Progressive offers. Progressive provides coverage for accidents you cause, injuries you or your passengers suffer, damage to your vehicle, and many other situations. Most of their coverages include different limits or deductibles, so you can tailor your protection to your needs. Here are some of the common car insurance coverages offered by Progressive:

• Liability coverage: This pays for injuries or damages you cause, up to your policy's limits.
• Uninsured/underinsured motorist (UM/UIM) coverage: This covers injuries and property damage caused by a driver with little or no insurance.
• Medical payments (Med Pay) coverage: This covers medical and funeral expenses for you, your family members, or passengers.
• Personal injury protection (PIP): This is offered in some states and protects you in a similar way as Med Pay, but with additional benefits.
• Comprehensive coverage: This protects your vehicle from events out of your control, including fire, theft, vandalism, and more.
• Collision coverage: This pays to repair or replace your damaged vehicle if you collide with another object or vehicle.

In addition to these common coverages, Progressive offers several additional car insurance coverages and features, such as rental car reimbursement, auto roadside assistance, loan lease payoff, custom parts and equipment value (CPE) coverage, rideshare coverage, and pet injury coverage.

When deciding whether to lower your coverage, it's important to consider your specific needs and circumstances. For example, if you have an older car that is not driven as often, you may not need comprehensive or collision coverage. On the other hand, if you have a car lease or loan, you may be required to maintain certain coverages. It's also important to keep in mind that lowering your coverage may result in higher out-of-pocket costs if you need to file a claim.

Take a defensive driving course

Defensive driving courses are a great way to lower your Progressive auto insurance premium. These courses are designed to improve your driving skills and help you anticipate and avoid situations that may cause accidents. They cover topics such as the risks and reasons for accidents, accident statistics, and techniques to recognize and react to dangerous situations.

Before signing up for a defensive driving course, it's important to do your research. First, check your state's regulations or laws regarding defensive driver discounts. Some states require insurers to offer these discounts, while others don't. Find out if your state is one that mandates defensive driving discounts.

Next, learn about your insurer's available discounts. Each insurer has different discount and term structures, and they may have age limits or other specific criteria for eligibility. For example, Progressive may offer a discount of around 5% if you meet certain qualifications, such as age and a clean driving record.

If a defensive driving discount is available, make sure you select a course that is approved by your state and insurer. Compare the costs, timing, and formats (in-person or online) of the approved courses. Most defensive driving courses can be completed online for $15 to $40, while live classes can cost up to $100. The discount you receive can last for several years, and you may be able to renew it by retaking the course.

Defensive driving courses not only help you save money on your auto insurance but also make you a safer driver. They empower you to be more aware of your surroundings, anticipate potential hazards, and react quickly to dangerous situations, ultimately reducing the risk of accidents.

Frequently asked questions