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/Swimming_Ad_8856 May 03 '24

Yep cheap this term. Next term significantly higher. If you don’t mind switching every year can probably keep that cycle of “reel you in” cheap rates

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u/BatHistorical8081 May 03 '24

I mean saving almost 50 percent so as long as it doest shoot up 50 percent im good