Our verdict: Progressive is available in all 50 states and offers a Name Your Price tool that should instantly match you with the right insurance policy that fits your budget.
Progressive is one of the largest insurance companies in the US, but it’s not a direct provider of Progressive home insurance policies. It was founded in 1937 when two men from Cleveland saw an opportunity to serve the market with basic insurance products. This was also the moment when Progressive introduced the industry-first drive-in claims location.
Progressive was also the first in the industry to introduce a toll-free, 24/7 auto insurance comparison rating service, the first to enable customers to purchase insurance policies in real-time online, and the first to offer the Name Your Price option during policy quoting for car insurance.
Today, Progressive home insurance has great reviews and still beats the competition by being the first to offer voice action on Google Home.
Progressive Pros and Cons
Each insurance company is different, and knowing the pros and cons can help you select the right one. Progressive definitely has many pros, however, its cons might affect your customer experience, especially when it comes to filing a claim.
Pros
- Excellent price comparison tool
- 24/7 customer service
- Ability to connect services with voice assistants
- Name Your Price tool
- User-focused
- Online chat tool
Cons
- Not a direct writer of insurance
- Can’t file a claim via Progressive
Progressive Homeowners Insurance Overview
The reason that Progressive can offer services throughout the entire United States is that it is not a direct writer of home insurance policies. Rather, it acts as a broker connecting client and provider with the best possible match.
It provides standard home insurance policies that protect against the house damages, belongings and personal liability. Some options are customizeable include additional coverage.
What’s great about Progressive is that it offers a home insurance calculator and Name Your Price tool to help you explore prices and say how much you’re actually willing to pay.
Features of Progressive Homeowners Insurance
Now we’ll take a look at all property-related insurance products and their features to cover all options you have with Progressive.
Condo
Your condo association probably has a master policy, but it only protects the outside of your condominium and the common areas. Your personal condo insurance policy will help you protect what’s inside of the walls of your unit.
The personal property coverage includes electronics, appliances, furniture, and similar items that are covered up to a certain limit. If you own valuable items like jewelry or art, however, you may need an insurance rider.
This type of Progressive apartment insurance also covers loss of use that will help you with living expenses, like hotel stays, while your unit is being repaired. In addition, Personal liability insurance may cover you if you’re responsible for someone’s injuries or damage to their property.
If you own a townhouse, coverage is usually done through a condo association, although if you’re responsible for the exterior of the townhouse, you’ll need homeowners insurance.
Flood insurance will give you an added layer of security in case of water rising and flooding your home. You’ll want to include the flood coverage in your Progressive house insurance, especially if you live in a high-risk area.
With this insurance, you’ll enjoy coverage for most of your home and, specifically, the foundation systems. Carpeting and personal belongings are also covered unless you store them in the basement.
The flood insurance with Progressive is backed by a federal program, meaning its price will remain the same regardless of your location.
Homeowners
Insuring your home is the best thing you can do. The home insurance policy will protect your property and belongings from various perils. By taking advantage of Progressive home insurance policies, you get coverage for the dwelling, temporary living expenses, liability, and personal property.
The dwelling coverage handles costs of house repairs when your house gets damaged by wind, falling trees, tornados, and similarly covered perils. This policy will also cover other detached structures.
You’ll also receive payment for additional living expenses if you can’t live in your home while it’s getting fixed, including meals.
Progressive home insurance includes personal liability insurance which protects your assets if you or a family member become financially responsible for someone else’s damage or injuries. You’ll also have access to add-ons, like protection from defamation, slander, and similar lawsuits.
Finally, the personal property coverage helps insure your furniture, clothing, electronics, and other belongings if they’re damaged in a covered occurrence.
Add-ons that you can use to customize your policy include water backup and personal injury.
Home Warranty
This type of Progressive property insurance helps protect home essentials like:
- Kitchen appliances
- Laundry appliances
- Plumbing system
- Heating and cooling systems
- Electrical system
This insurance is provided by Cinch, and it comes with a 180-day workmanship guarantee, homeowners deductible reimbursement, a $25 filter credit, and a discount on appliance purchases. There are three plans to choose from:
- Complete home plan
- Build-in systems plan
- Appliances plan
Home Security
Progressive Home Security by SimplySafe offers you the option to secure your home with some of the best security systems out there. SimplySafe features easy installation, professional monitoring, and no long-term contracts, and it’s a great addition to Progressive home insurance.
The monitoring system enables you to:
- Get alerts on your phone
- See what’s happening in your home
- Control door locks
- Use Amazon Alexa or Google Assistant, etc
Mobile/Manufactured Home
Even if you live in a mobile or a manufactured home, you can and should still purchase home insurance. Progressive can help you customize your policies and get the right coverage for your type of property.
Since there are several types of mobile and manufactured homes, you can choose a standard coverage or extend your coverage by including add-ons in your Progressive mobile home insurance.
The standard coverage for mobile or manufactured homes starts with the dwelling, where you’ll be insured for a covered peril. Your personal property items, like furniture or appliances, will also be protected with a standard policy.
If a household member becomes responsible for someone’s injury or damaged property, the liability protection will cover it. Finally, if your mobile home becomes uninhabitable, it includes loss of use coverage.
Based on your location, you might be eligible for the following add-ons to your Progressive manufactured home insurance:
- Replacement cost coverage
- Trip collision coverage
- Single deductible benefit
Renters
Renters insurance exists to help you stay protected when the unexpected happens while you rent out a home, condo, or any other living space. While your landlord will probably have landlord insurance that covers their property, you’ll benefit from renters insurance since it will protect your personal items.
Some landlords may also require that you have this type of insurance before you move in. The Progressive renters insurance policy coversr:
- Personal property
- Liability
- Additional living expenses
It comes with two add-ons, water backup, and personal injury, insuring against water damage of belongings, and liability lawsuits.
Other Types of Property Insurance
If you own a rental, vacant, or vacation home, you might want to consider purchasing insurance for that property. This type of policy usually covers the same as the home insurance, like the dwelling, personal property, and liability.
Still, if you have a vacant home, you’ll want to ask a Progressive agent for unoccupied home insurance that is designed specifically for empty homes.
Financial Strength
Regarding financial strength, Progressive home insurance rating is high. A. M. Best ranks with an A+, a rating assigned to companies with a superior ability to meet the clients’ financial needs and insurance obligations.
Standard & Poor ranks Progressive with an AA rating, meaning it has a strong ability to meet financial requirements. Finally, Moody’s Investor Service gives it an Aa rating, which shows that Progressive has low credit risk. Based on these assessments, Progressive has enough balance to pay claims, and you shouldn’t have issues with this company.
Progressive Insurance Customer Service
Progressive promises 24/7 support to its users. You’ll find the Contact Us section on the official website, where you’ll get the basic info, articles, and access to a live chat. The live chat is super helpful and can answer basic questions.
You can also reach customer support in numerous ways. The fastest one is via phone and email, but you can also utilize Facebook, Twitter, Instagram, and a few other social media platforms to get in touch. Another convenient part of the progressive insurance customer experience is contacting support via the mobile app, which even allows you to call roadside assistance if your car breaks down. .
Unfortunately, in J. D. Power’s 2020 Home Insurance Study, Progressive has a 797 score, which is way below the industry average. We also noticed many negative customer reviews for both auto and home insurance .
- Valuepenguin – 60%
- Consumeraffairs – 4
- Consumersadvocate – 4.7
- Trustpilot – 1.4
Progressive Home Insurance Quote
Since Progressive is not a direct provider of home insurance policies, chances are your quote will depend on the third-party company. What you can consider while calculating your quote is your location, the age of your home, and the amount of coverage you need.
Luckily, Progressive goes one step further and provides useful tools to help you calculate your premiums. It also has a Name Your Price tool that allows you to get a Progressive house insurance quote insurance quote for the price that fits your budget.
Progressive also has a homeowners insurance cost page where you can select your state and see if you’re in a low, medium or high-cost location. Based on the latest available data, the cost of home insurance from one of Progressive’s partners ranges from $56 to $170 per month, which we believe is highly affordable. You might also qualify for discounts and save even more.
Progressive Home Insurance Discounts
Now we’ll list all the discounts available at Progressive that can drive the cost of your policy down.
Bundle
As with many other insurers, you can bundle multiple types of policies and save. The multi-policy discount is available when you bundle auto insurance with home, condo, or renters policies. This discount is applied to the auto insurance policy.
Pay in Full
This discount is available if you pay your home, condo, or renters insurance in full, upfront.
Alarm Systems
If you installed alarm systems, you might be able to lower your Progressive home insurance quote and qualify for a discount on your home or condo insurance.
New Purchase
If you purchase a new home or a condo, you might be qualified for this type of discount. Your home also doesn’t have to be newly built for you to be eligible.
Quote in Advance
Get a quote at least ten days before your policy starts, and you’ll be qualified for this deal. It applies to home and renters insurance.
Receive Documents by Email
Opt-in to receive your home or renters insurance documents via email, and you’ll get this discount to lower your Progressive homeowners quote.
New Home Construction
This discount relates to how new your house is. With a newer home, you might be able to score a better deal.
Progressive Contractor Networks
This is an additional way to save on your home insurance policy. The insurers that work with Progressive also cooperate with a network of contractors. If your home gets damaged, these companies can recommend the best contractors at an affordable price.
Gated Community
If you live in a secure gated community that has a guard or any of the alarm systems, you might be eligible for this deal.
Progressive Home Insurance Quotes Comparison
Let’s compare Progressive insurance quotes with a few other companies on the market to give you an overview of the current insurance prices.
Progressive vs. GEICO
GEICO and Progressive are similar companies since both act as brokers and aren’t direct writers of their insurance policies. This is why the price of your insurance will remain unknown until you’re matched with the company that will provide it to you.
Still, Progressive has better tools to help you calculate your Progressive homeowners insurance quotes, and it has a Name Your Price feature that allows you to quote the price you want to pay for your insurance.
Some estimates show that the cost of Progressive insurance ranges from $56 to $170 per month, while the cost of insurance that you can purchase via GEICO is close to the national average of $100. As always, the final cost will depend on your location regardless of the company you choose. Both GEICO and Progressive have excellent discounts as well.
Progressive vs. ERIE
Progressive homeowners insurance cost will depend on your final insurer, your location, and many other factors. Still, policies are very affordable, and in some locations, may go below the national monthly average.
When it comes to ERIE, the deductibles play a key role in the cost of your insurance, where a higher deductible will get you a more affordable policy. According to some estimates, ERIE home insurance is close to $75 per month, which is lower than the national average.
Both Progressive and ERIE offer great discounts and deals that will help you lower your premium.
Overall Competition Comparison
Progressive home insurance rates are comparable with other insurance companies when looking at financial strength, customer support, and policy availability.
Allstate vs. Progressive
Allstate is a famous US insurer that offers various types of insurance policies across all 50 states. Regarding its financial strength ratings, it’s ranked highly. Fitch gave it an A+ rank, and it also has large cash balances and investments. Since Progressive works as a broker, it also offers policies in all states.
Allstate is ranked 829/1,000 in the J. D. Power 2020 Home Insurance Study. This rank is higher than Progressive, and the national average.
State Farm vs. Progressive
State Farm is another well-known US insurer that’s financially stable and offers great service across the US, but not in all states. Regarding its rankings, A. M. Best gave it an A++, and S&P ranks it with an A.
Still, State Farm ranks below the national average for customer support. J. D. Power gave it a score of 829/1,000 in its 2020 Home Insurance Study. However, according to reviews, the company has good customer support and is among the best Progressive home insurance alternatives.
Nationwide vs. Progressive
Nationwide is an official Progressive partner and is another known insurer in the US. Its financial ratings show that it’s a strong company. A. M. Best ranks with an A+, Moody’s ranks it with an A1, and S&P gives it an A+ rating. Nationwide is also a Fortune 500 company.
Still, Nationwide insurance policies are not available in all states. However, its customer support appears to be solid. In its 2020 Home Insurance Study, J. D. Power ranks Nationwide with 808/1,000, which is below the national average for overall customer satisfaction.
Expert Thoughts
The biggest drawback of Progressive home insurance is that it isn’t a direct provider. While this might allow for nationwide availability, it might cause issues with filing a claim and receiving payment.
Progressive appears to be a good insurance company, with many years of experience and a devoted team of employees. It has been a pioneer for many industry introductions, including drive-in claims locations and a toll-free, 24/7 auto insurance comparison rating service.
Its policies are affordable, with a good selection of discounts that work for home or condo owners or renters. Consider Progressive if you don’t mind getting your policy from a third-party insurer.
People Also Ask
Progressive is an established insurer that provides various types of insurance policies across the US. This company, however, is not a direct writer of insurance policies. Instead, it acts as a broker that matches you with other insurers.
It has affordable policies, great price comparison tools, and approachable customer service. In addition, Progressive is financially sound, with good ratings, meaning you won’t have issues with your claims. Still, the latest customer reviews are mixed, with some reports of poor customer support reps.
Progressive is one of the rare insurers that offer the Name Your Price tool, where you can say how much you’d like to pay for a policy and then get matched with the right company. It also has excellent price comparison tools that will help you find the most affordable policies.
The things that affect the cost of your policies are related to your location, the age of your home, and other factors. On average, the cost of insurance policies from Progressive’s partners may range from $56 to $170 per month. If you qualify for discounts, you can score lower prices.
Private mortgage insurance is there to protect your lender if you can’t pay the mortgage loan. This type of insurance covers only your mortgage and not your home. PMI will probably be included in your mortgage payment, and you won’t be able to select the mortgage insurance company.
If you feel like you need mortgage insurance, feel free to reach out to one of Progressive’s agents. These are trained professionals ready to assist you in insuring your home, mortgage, or anything else in your life.
Once you enter the official website, you’ll have access to all Progressive products and its quoting tool. You can use this tool to see the estimate of the cost of your home insurance policy. You’ll also find the Name Your Price tool that will help you find the right coverage at the best price you’re willing to pay.
Once you decide on your policy, you can purchase it online or visit the office. Progressive acts as a broker and will match you with the best insurer that offers the right amount of coverage you need. Once you’ve insured your home, pay your premiums on time, and you’ll be protected in case of accidents.
When a company acts as a broker, it matches the needs of its customers to another insurer who then writes the insurance policy and provides related services. This can cause confusion among customers and result in a complicated process of submitting claims and being paid.
Unfortunately, Progressive is not a direct provider of insurance policies. Instead, it works with many insurance companies, like Assurant, Nationwide, All Risks LTD, and similar, allowing it to offer Progressive home insurance anywhere in the US.
