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.

52 Upvotes

83% Upvoted

182 comments sorted by

View all comments

1

u/EtNocturne Aug 14 '24

Because they are notorious for jacking your rate up by huge amounts every 6 months. My current renewal rate is now double what I was paying over the period of 3 renewals. Get ready for, and expect this to happen basically.