A Guide to Progressive Direct Insurance Policies

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Direct Insurance Policies

As the nation’s third most popular insurance company, Progressive insures over 20 million drivers in the United States. Known for the witty commercials featuring the insurance lady Flo, Progressive has more customers than Farmers, USAA, and Nationwide. Progressive’s successes can be attributed to some of its innovative bundling options and their “name your price” tool. Policyholders cite numerous discounts, coverage options, and premium rates as their reasons for selecting Progressive insurance policies.

Available in all 50 states, Progressive offers a wide range of coverages from homeowners insurance and life insurance to boat and renter’s insurance. As a majority of states require a minimum amount of liability insurance coverage, Progressive offers a range of liability and full coverage options for customers. Along with an array of insurance options, the company also offers policyholders a significant number of discounts and rate reduction opportunities.

Progressive Direct boasts more than $33 billion in direct premiums written to date. Let’s look at why Progressive car insurance has become so popular and some of the coverage options for their insurance policies.

Progressive Car Insurance Coverage

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From liability to full coverage options, Progressive offers a variety of policies and plans for most situations. Customers of Progressive have the option of purchasing liability-only coverage to comply with the rules and regulations of their state. They offer bodily injury and property damage coverages for other vehicles if you are at fault for an accident. Since liability coverage will not cover damages to the policyholder’s vehicle in an at-fault accident, many customers choose to add additional full coverage policies.

A full-coverage Progressive policy includes collision and comprehensive insurance. Collision will pay for damages to the car no matter who is at fault in the accident. Comprehensive coverage will pay for damages that result from non-accident-related incidents such as theft, vandalism, fire, or acts of nature. Progressive also offers medical payments coverage that will pay for expenses that result from an accident.

Also read How to Get Cheaper Motorcycle Insurance.

Progressive Direct insurance company also offers customers extra benefits and coverages for additional motor vehicle protections. Customers can get roadside assistance and rental car reimbursement for emergencies. Progressive also offers gap coverage to make up the difference between what you owe on a totaled vehicle and its worth. These extra coverages and benefits are some of the reasons why many customers select Progressive Direct.

Discounts

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Depending on your location, Progressive offers several discounts and rate reductions to help lower premiums. For customers who bundle their policies or have multiple vehicles on their auto insurance policy, Progressive will offer an average of a five percent discount. Additionally, homeowners can receive a 10 percent savings with qualifying property ownership. When customers sign up for insurance with Progressive, the company also offers an average discount of seven percent for getting an online quote and signing all documents online.

Like many other auto insurance policies, Progressive auto insurance can be expensive for younger and inexperienced drivers. Fortunately, they also offer a good student discount. This will help curb the high premiums for teen drivers who maintain a B average or higher on academic coursework.

Progressive’s snapshot program offers savings based on recorded driving habits. Using a Progressive app, drivers can sign up to allow their phones to record information about things such as speed and braking. For having safe driving habits, Progressive will offer customers an average discount of $146.

Progressive Direct insurance offers several insurance options along with discounts to lower rates. If you’re looking for a trusted insurance company with a large market share and documented success, Progressive might be the choice for you. With some time and research, you can find the policy and rate that work best for your situation.