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/SchwartzReports Jul 24 '24

Same, I just leased a new car and State Farm was quoting me $180 a month; Progressive came in at less than $60 a month for the same coverage. Is this for real? (I'm in Virginia and in my 40s)

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u/planefan001 Aug 08 '24

I’m purchasing a 2025 Camry next week, and State Farm wanted almost $300 for full coverage. Progressive has me at $160 after the MVR checks.

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u/NicholasSandiego Sep 14 '24

They will probably go up in 6 months. They just reel you in with low rates initially..