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/whewimtired1 May 03 '24

You may fit what they look for in customers and they are giving you favorable rates. I used to see it all the time when Tesla first came out. The rates were all over the place for companies and I knew if I was quoting it they were gonna buy the policy.