Progressive vs. USAA 2022 Automobile Insurance Comparability – Kelley Blue E book

Progressive and USAA are among the largest auto insurance companies in the United States.

With numbers three or five, it would be easy to choose one company over the other if only prices were taken into account. Instead, strict USAA eligibility requirements may prevent you from taking advantage of the low premiums. Read on for our comparison of these leading insurers.

For more information on each company, see our Progressive Car Insurance Review and USAA Car Insurance Review.

Progressive and USAA auto insurance coverage

Progressive and USAA both offer standard auto insurance protection options such as:

Read our article on Common Types of Car Insurance to learn more about basic coverage.

Additional coverage

Additional coverage from Progressive and USAA may be available as add-ons to basic coverage in some states.

  • Reimbursement of the rental car
  • Roadside assistance and towing
  • Medical payments
  • Additional travel insurance

Progressive offers an Accident Forgiveness benefit that is designed to ensure your rates do not go up after an accident.

Average insurance rates from Progressive and USAA

USAA rates are often lower compared to other insurers' premiums. According to The Zebra, USAA's average monthly premium is $ 106. The rewards with Progressive are higher for many drivers.

A popular feature is Progressive's "Name your price" tool. You state how much you want to pay and the company provides options available for coverage within your price range.

While cost is high on the list for most drivers, it shouldn't be the only factor when looking for insurance. This table compares the average annual premiums between Progressives and USAA by age group.

Age group Progressive USAA
Teenagers $ 8,248 $ 2,864
20s $ 2,287 $ 1,261
30s $ 2,287 $ 963
40s $ 1,644 $ 957
50s $ 1,542 $ 889
1960s $ 1,403 $ 845

Source: the zebra

Your driving record is just one thing that insurance companies consider when they give you a quote. Your age, geographic location, gender, marital status, creditworthiness, and the car you drive are some of the factors that affect the overall cost of insurance.

Premium discounts from Progressive and USAA

USAA and Progressive offer policyholders a number of discounts, such as:

  • Driving safety discount
  • Accident-free drivers
  • Anti-theft equipment discounts
  • Good student discounts
  • Bundling of guidelines

Additional discounts are available. However, some may not be offered by everyone. USAA, for example, offers a military discount. However, only military personnel, retirees, and select family members are eligible for USAA coverage.

USAA policyholders have an unusual discount on stored vehicles. The advantage – geared towards deployed service employees – offers savings of up to 60% for the safe storage of a car for 30 days. If the storage location is on a military base, USAA gives an additional discount of 15%.

Customer satisfaction with Progressive and USAA

Cost and coverage options are the most important considerations when purchasing auto insurance. Still, many people agree that overall customer satisfaction is worth spending a little more money on.

For auto insurance buyers, high customer service ratings mean a high likelihood that the insurer will handle claims quickly and efficiently. The J.D. Power U.S. Auto Insurance Study 2021 has answers from nearly 39,000 auto insurance customers. The results provide information about customer satisfaction in key areas:

  • Allegations
  • Policy offers
  • Car insurance costs
  • Customer interactions
  • Billing process and policy information

J.D. Power ratings give USAA an “excellent” rating based on customers' opinions and experiences with the company. Progressive was rated as “below average”.

Which one has a better financial position, Progressive or USAA?

Both companies received from A.M. Preferably. This high rating indicates a solid solvency of the insurer.

Progressive or USAA: Which is Better for You?

Your vehicle insurance requirements are individually tailored to your situation. Get a quote from Progressive, USAA, and other insurance companies. USAA offers cheaper premiums in many cases, but you may not be eligible for a policy. Sill, Progressive offers many discounts that can bring down its competitive prices.

Shopping in the local area will always give you the best price, but remember that cost is just one factor to consider.

Whichever company you choose, you need to know what is insured and what is best for your situation before you take out new auto insurance or renew your coverage.

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