Who is Progressive's biggest competitor?

Asked by: Prof. Floy Tillman MD  |  Last update: July 4, 2025
Score: 4.1/5 (67 votes)

State Farm is the largest auto insurance company in the U.S. based on written premium, or the total amount it bills customers. Progressive is the second-largest car insurance company, followed by Geico and Allstate.

Who is Progressive Insurance's biggest competitor?

Top Competitors of Progressive
  • State Farm. Website – https://www.statefarm.com/ ...
  • Geico. Website – https://www.geico.com/ ...
  • Allstate. Website – https://www.allstate.com/ ...
  • Liberty Mutual. Website – https://www.libertymutual.com/ ...
  • Farmers Insurance. Website – https://www.farmers.com/ ...
  • Nationwide. ...
  • USAA. ...
  • Travelers.

Who beats Progressive Insurance?

Geico ranked above average for customer satisfaction in 5 of the 11 regions surveyed in J.D. Power's 2024 auto insurance study, while Progressive was rated below average in all available regions.

Who is the largest auto insurance company?

For auto policies, State Farm is the largest insurance company in the U.S., with the biggest market share (16.9 percent) and over $46.6 million in direct premiums written in 2022. It also boasts an A++ (Superior) financial strength rating from AM Best.

What is the golden rule at Progressive?

Golden Rule

We value and respect our differences, act with kindness and caring, and treat others as they want to be treated.

Progressive TV Commercial For Competition

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What is the culture at Progressive?

Our culture is unique because it's grounded in our Core Values. Our Core Values include Integrity, following the Golden Rule, being focused on Objectives, doing everything with Excellence, and earning a Profit. And each of our 50,000-plus Progressive people own and contribute to our culture.

What is the highest loyalty level with Progressive?

Auto loyalty rewards
  • Silver. 6 months. + Continuous Insurance Discount. Bundle Home and Auto to Enjoy. ...
  • Gold. 1 Year. + Teen Driver Discount. ...
  • Platinum. 3 Years. + Continuous Insurance Discount. ...
  • Diamond. 5 Years. + Large Accident Forgiveness. ...
  • Emerald. 10 Years. + Priority Call Routing. ...
  • Crown. 20 years. + Lifetime Renewal Guarantee.

Is Geico higher than Progressive?

Both Geico and Progressive offer competitive average premiums for drivers, but if you're wondering if Progressive is cheaper than Geico, Geico has the edge. Its average rates tend to be lower than the average rates offered by Progressive, and the company's extensive discount list may help you save even more.

Who is State Farm owned by?

State Farm is a mutual company, which means that it is owned by its policyholders. Unlike publicly traded companies, State Farm does not have shareholders to whom it needs to provide dividends.

Who is cheaper than Progressive?

GEICO is cheaper and has better ratings than Progressive. Your experience with GEICO and Progressive will vary based on individual rating factors.

Is there a class action suit against Progressive?

Progressive reaches $48M class action actual cash value settlement. Progressive has agreed to settle a class action total loss underpayment lawsuit for $48 million.

Is Progressive good at paying claims?

Progressive placed second to last out of 21 car insurance companies surveyed in JD Power's claims satisfaction study of 2024 with a score of 672/1,000, only beating Mercury. For reference, the study average was 697/1,000, and NJM Insurance Co. earned the first spot at 782.

Where does Progressive rank in insurance?

Progressive ranked No. 9 out of 17 companies in J.D. Power's 2024 U.S. Auto Insurance Shopping Study for overall customer satisfaction.

Who is cheaper than State Farm?

GEICO is cheaper and has better ratings than State Farm. Your experience with GEICO and State Farm will vary based on individual rating factors.

Who did Progressive insurance merge with?

"This announcement was part of our strategy when we first acquired Protective almost three years ago," said Karen Bailo, Progressive's Commercial Lines President. "Our vision has come to fruition with this announcement enabling us to promote our full suite of capabilities in the transportation market."

Why is Progressive Insurance so expensive?

If you buy directly from a Progressive company, your car insurance price reflects the cost of staffing and maintaining the sales centers, and a larger portion of our marketing costs.

Who is cheaper, Allstate or Progressive?

Allstate: Cheapest for drivers with bad credit

In many states, car insurance companies can use a driver's credit history as a factor when determining car insurance premiums. For drivers with bad credit, Allstate once more edges out Progressive with cheaper average premiums.

Who is the #1 insurance company in the USA?

State Farm is the largest auto insurance company in the U.S. based on written premium, or the total amount it bills customers. Progressive is the second-largest car insurance company, followed by Geico and Allstate.

Which insurance company has the most complaints?

The auto insurance company with the most complaints is United Automobile Insurance, which receives roughly 40 times more complaints than the average insurer its size, according to the latest NAIC complaint index.

Who is the most trustworthy insurance company?

State Farm is a three-time Bankrate Award winner for Best Term Life Insurer in 2022, 2023 and 2024, thanks to its top-notch customer service and accessibility tools. As one of the top life insurance companies, State Farm also received the highest customer satisfaction score from J.D. Power.

What is progressives golden rule?

The Golden Rule is one of our core values at Progressive. We value and respect our differences, act with kindness and caring, and treat others as they want to be treated. Today we're reminded of Dr. King's vision and how every action and kind word matters.

How to negotiate with Progressive?

How Should You Approach Progressive?
  1. Analyze your full claim to identify all sources of compensation.
  2. Gather medical records and objectively assess the extent of injuries.
  3. Inspect vehicle and property damage to document claim scope properly.
  4. Challenge any unjust liability denials or premature conclusion of claims.

How to trick the Progressive Snapshot and get the maximum discount?

Tips to maximize your Snapshot discount
  1. Limit hard brakes and accelerations. Go easy on the gas and avoid slamming your brakes.
  2. Avoid late night driving. Limit trips between 12-4 a.m. on weekends, as the roads can be more dangerous then.
  3. Drive less overall. ...
  4. Stay off your phone.