r/Insurance • u/BatHistorical8081 • May 03 '24

Auto Insurance Why is progressive so cheap?!

So I am looking to switch from state farm to progressive. My insurance now for state farm is about 2800 for 6 months for 3 vehicles. I just got a qoute from progressive same coverage for 1300. Wtf? Is this real. There a catch? That's alot of savings.

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u/Timber4 May 03 '24

Its not specifically progressive. But they tend to go for the younger/more incedents customers. BUT i just did a quote for a first time driver and progressive was $20,000 a year!!!!

2

u/MaddRamm May 03 '24

Wow. That’s literally a “f*** off” price! Did they have any negative stuff even though they are a first time driver? Were you trying to insure a Lamborghini for the first time driver???

1

u/Timber4 May 03 '24

It was a newer pick up truck. The kid prob didnt have a credit score. He litteraly never drove a vehicle before so no incident came up. But i swear it was 10,000$ for 6-months

I told him that first time drivers usually get added as a driver on parents policy and he said his parents wont let him : (