Progressive Auto Insurance Company Review

Progressive Auto  Insurance   Company  is a well known and trusted  insurance  company  providing car  insurance  coverage to many US residents. Read this Progressive Auto  Insurance   Company  review to better understand what Progressive is all about and then decide if they may be a good fit to provide your car  insurance  coverage.

With so many automobile  insurance  choices the customers today have to do plenty of shopping around before deciding on which one to select. While some customers decide to go with small  insurance   companies , some other ones like the idea of being covered by an automobile  insurance  with nationwide presence. Reasons for this might be that big auto  insurance   companies  have more money which gives members security in knowing that they will be paid in case of an accident and they have a higher number of employees which in turn translate to faster claim processing. An automobile  insurance   company  that is known nationwide because of its commercials and its great customer service is Progressive Automobile  Insurance   Company . Progressive was started in the year 1937 by two lawyers by the names of Joseph Lewis and Jack Green for the sole purpose or providing vehicle owners with security and protection.

An important thing for the company has always been innovation, and they continue to strive for it through the years. Progressive was the first to offer a drive through  insurance  claim service and the option of paying the premium in installments, the later one which attracted those customers who could not pay the whole payment annually. They became a publicly traded company in the year 1971 and they moved their headquarters to the city of Cleveland. By 1987 the company surpassed the $1 billion in premiums and it only took them 7 years to surpass the $2 billion margin. They kept expanding and now they not only offer automobile  insurance , but they started home and property  insurance .

Between the years of 1996 and 2005 the company grew an average of 16% every year and expanded their assets from $3.5 to $14 billion. Today, Progressive is one of the best  insurance   companies  in the United States, and the third largest automobile  insurance   company  in the country for that matter. Experts in the  insurance   company  field predict Progressive Auto  Insurance  to keep growing and the rating of A+ (Superior) by A.M. Best is an indication of that since they rate Progressive as one of the best  companies  in financial security and performance.

One of the most important things that have launched Progressive  Insurance  Company  to the top of the  insurance  ladder is their website. In the year 1995 when the Internet was just starting to gain popularity among  companies  around the United States, Progressive was the first  insurance   company  to launch a website. Although at first it was only composed of only information, it soon became more interactive and the company started gaining customers.

Nowadays, the automobile  insurance   company  prides itself in having one of the best websites in the industry. Some of the features that a customer can find in a Progressive website include a policy and service management section where policyholders can log in to make payments, update their policies, etc. The company also has a direct rate ticker that allows you to see the rate given to you if you are a potential customer, alongside rates of other companies and an online claims reporting. Since customer service is one of the most important things for the company, they also have an agent locator and a part of the website called “Talk to Me” which allows customers who have a question about their quote; to talk to a customer service representative from the company so that their doubts can be clarified.

Like every other company, Progressive has a series of discounts that allow its customers to save some money. The E-sign discount is designed for customers that sign and enroll through the Progressive website, to save $50 instantaneously and the pay in full discount allows a member to pay the entire rate in a single lump, which can end up saving them over 10% of the actual price. Other discounts include but are not limited to good student, more than one car in one policy and good driver discount. Since discounts can also vary by the state that you are in it is important for you to call your Progressive  Insurance  Agent or contact your local office for more information.

Other features offered if you decide to become a Progressive member are total loss replacement (in case you total your car after an accident), accident forgiveness (which allows the customer to lock in the rate and evade rising rates after an unexpected crash) and online/phone support through text messages, your cell or the internet. Last but not least it is important to discuss the options that premium members (those who pay a little bit more annually) have. Those customers have superior claims service that allows them to just drop off their car right after the crash and immediate response vehicles that show up as soon as you get into a car wreck.

Progressive will continue to grow if they keep providing their customers many different options in coverage, discounts and deductibles. The innovative company  that once was started by two lawyers in search for a good way to start their careers now has become one of the best automobile  insurance   companies in the United States.