Progressive vs. State Farm: Which provider is better?

Progressive vs. StateFarm: Which provider is better?

Progressive vs. StateFarm

The fourth-largest insurance company in the US, Progressive offers discounts via its unique program called Snapshot, which allows customers to pay based on how well and how much they drive instead of just traditional factors. Like Progressive, StateFarm also provides discounts for its customers, including a multi-car discount and a vehicle safety discount, among others.

Both get high marks from the Better Business Bureau, with Progressive edging out ahead of StateFarm’s B+ with an A+. With so many similarities, how do you decide which insurance provider is the right fit for you? Below we compare Progressive and StateFarm side by side so you can make an informed decision.

Progressive

Progressive

StateFarm

StateFarm

About the providerProgressive is a household name and one of the largest car insurance companies in the US. Since its origins in 1937, customers have been flocking to Progressive for their insurance needs. It also offers discounts via Snapshot, a usage-based insurance program.Founded in 1922, State Farm ranks as one of the top companies where cars and homes are insured. State Farm stands by its customers by striving to offer the best products and prices. The company is no stranger to the Fortune 500 list.
PricePolicy costs depend your personal situation. Visit Progressive for a quote based on your specific needs.Policy costs depend your personal situation. Visit StateFarm for a quote based on your specific needs.
States servedAll 50 statesAll 50 states
User satisfaction*A+B+
J.D. Power ratings**3/5 on overall claims satisfaction3/5 on overall claims satisfaction
Driver discountsView driver discountsView driver discounts
Vehicle discountsView vehicle discountsView vehicle discounts

Compare all car insurance companies at once

Compare 7+ car insurance companies. Enter your zip code below and click ‘Compare Now’ to begin.


* Based on Better Business Bureau’s company rating
** Based on the 2016 U.S Auto Claims Satisfaction Study


Driver discounts

Progressive

Progressive

StateFarm

StateFarm

Good studentVaries (B’s or better. Additional discount if away at school, 100+ miles away and 22 or younger)Up to 25% (under 25). Additional discount if student is away from home and only using the car when back home.
Defensive driver
Good driver31% (no tickets or accidents in the last three years)3 years no moving violations or at-fault accidents
Pay in full
Multicar10%Up to 20% (two or more vehicles in household)
Military
Homeowner
Other discounts

Automatic bill pays — discount varies

Sign documents online — 7% (not available in CA, GA or NC)

Minor child driver – Varies (newly licensed child, 18 and under)

Continuous insurance (maintained active car insurance with no gaps or cancellations)

Driving training – Varies (all operators under 21 complete approved drivers education)

Drive Safe & Safe – Enroll in the State Farm app


Vehicle discounts

Progressive

Progressive

StateFarm

StateFarm

Anti-theft device
Anti-lock brake
Passive restraintsUp to 40% (medical-related coverage, vehicle made in 1994 or later)
Air bag
Other discounts

Vehicle safety discount – Up to 40% (medical-related coverage, vehicle made in 1994 or later)

Bottom line

If you’re looking for a pay-in-full discount, Progressive is the clear winner. But if you’ll be insuring multiple cars, StateFarm offers up to a 20% discount. Compared to Progressive’s 10% discount, that can add up to big savings. As always, keep your personal situation in mind when comparing the two, and choose the one that suits your needs best.

Compare all car insurance companies at once

Compare 7+ car insurance companies. Enter your zip code below and click ‘Compare Now’ to begin.

Was this content helpful to you? No  Yes

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Conditions and Privacy Policy.
Go to site