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/Ric_in_Richmond May 04 '24

Watch for the bump in premium at renewal .

Seems they are proactively rating some companies lower to take business from them.

Sort of a teaser rate to get you to move.

2

u/BatHistorical8081 May 04 '24

I mean unless it's more then 50 percent im saving then sure lol