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Table of Contents
Pros Explained
- Handy comparison tool. Progressive’s HomeQuote Explorer makes it easy to compare homeowners insurance policies side-by-side. You enter the required info once, and it’ll punch out some options with different rates.
- 24/7 customer service. There is no shortage of options to reach out to Progressive’s team: email, chat, phone call, social media. It offers around-the-clock customer service, and a rep can be reached at any time of the day.
Cons Explained
- Can’t submit claims directly to Progressive. While you can reach out to Progressive’s team to get the ball rolling on a claim, it’s ultimately the carrier you have the policy with that handles the claim.
- Policies and rates can vary greatly. As Progressive acts more like a middleman that works with insurance companies that actually do the underwriting, it’s hard to gauge what your coverage and rates might look like. Policies and rates can fall on different points on the spectrum, depending on where you live.
Progressive Standard Home Insurance Coverage Plan
When you hop on a home insurance plan through Progressive, you’re actually purchasing a policy through a third-party insurer. You can think of it as a middleman that compares quotes and helps you obtain proper coverage at a good price point. And the downsides? The quotes can vary depending on where you live. Plus, you aren’t able to file a claim through Progressive.
You can expect a standard homeowners insurance policy through Progressive to include:
Dwelling Coverage
This covers the cost of repairing or replacing damage to your house and any structures that are permanently affixed to it—garage, attached deck, chimneys, vanities, countertops, and so forth.
Other Structures
This includes the cost to cover damage to any structures that aren’t permanently tethered to your house—such as a shed, fence, driveway, unattached garage or deck, or gazebo.
Personal Possessions
This coverage can replace or repair your personal belongings that get stolen or damaged. This typically includes electronics, tools, and clothing. It can also include belongings that are stashed in your garage, storage unit, or trunk of your car. If you’d like to have art, jewelry, or memorabilia covered, you’ll usually need an add-on policy or additional coverage.
Loss of Use
Should your abode be uninhabitable due to a covered loss, you’ll be reimbursed for expenses such as staying in a hotel and food expenses such as takeout meals.
Personal Liability
Should you or a family member get sued for third-party injuries or damage to another person’s property, personal liability coverage can pay for legal representation, court fees, and certain damages.
Medical Payments
Should someone become injured on your property, this form of coverage could pay for medical bills.
Premium Calculation
When determining your rates, an insurance provider usually factors in the following:
- Location
- Deductible
- Size, age of home
- Condition of the roof
- Whether protective devices are installed
- How close you are to a fire station
- If you have a wood-burning stove, swimming pool, or hot tub
- History of dog bites
- Cost of replacement
- Credit history
- Previous claims
Note
When shopping for homeowners insurance, beware of exclusions. Carefully comb over the details of a policy.
Progressive Home Insurance Discounts
You can save on your homeowners insurance policy by doing the following:
- Bundling your policy: You can save an average of 12{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb} by grouping your home insurance with Progressive’s auto insurance policy.
- Getting a quote in advance: While this varies by state, you can save some money by getting a quote 10 days before you need your policy to kick in.
- Install security devices and home maintenance systems: Snag additional savings by installing security systems, smoke detectors, deadbolts, and automatic sprinklers.
- New home purchase: If you just purchased a home versus switching policies on your current home, that could equate to a deeper discount.
- Pay 12 months at a time: If you pay in full 12 months in advance, you’ll net extra savings.
- Paperless statements. Opt to get statements via email and you’ll score a discount on your home insurance policy.
- New home construction. Newer homes are eligible for larger discounts.
Progressive Home Insurance Availability
Progressive’s homeowners insurance is available in all 50 U.S. states. The types of coverage, rates, and restrictions might vary to a degree.
Other Insurance Provided by Progressive
Depending on where you live, you might also be able to get the following types of insurance by Progressive:
- Auto
- Boat
- Classic Car
- Commercial
- Condo
- Dental
- Electronic Device
- Flood
- Health
- Home Security
- Home Warranty
- Homeowners
- Mobile Home
- Motorcycle
- Renters
- RV/Trailer
- Travel
- Umbrella
- Vision
- Wedding & Event
Progressive Customer Service
Progressive’s customer support reps are available via phone, chat, email, or social media 24/7. You can also access information through your dashboard or app at any time. It’s worth noting that Progressive has a financial strength rating of A+ from AM Best.
Progressive as a whole received a grand total of 103 complaints in 2019 and has a complaint index of 1.66 from the National Association Insurance of Commissioners (NAIC), which is higher than what’s expected in the market.
As for homeowners insurance specifically, in 2019 Progressive had a grand total of three consumer complaints reported on its homeowners insurance policies. It’s a decline from nine in 2017.
One can also reach out to its customer service team on its app. Progressive’s app is available on both iOS and Android. You can view policy information; view, share, and print ID cards; and make payments to your premium.
How to Make Home Insurance Claim With Progressive
The insurance company with which you’ve signed up for home insurance will handle your claim. Not sure how to get in contact with them? Not to worry, there’s a handy list of phone numbers on Progressive’s website, or you can reach out to Progressive directly to connect you with the right personnel.
Have your policy number on hand. And while the third-party carrier handles the claim, Progressive typically is the initial point of contact when you file a claim. They’ll answer any questions you have, provide you with information, and lead to you the right contact info.
After you file a claim, the insurance company will provide an estimate, send you payment, and arrange for your home repairs.
Progressive Home Insurance Cancellation Policy
You can cancel or change carriers at any time. However, if you have an existing mortgage and cancel your home insurance without having another plan in place, you might run the risk of your lender imposing insurance on you and the premium being much higher.
Get a Progressive Homeowners Insurance Quote
You can get a homeowners insurance quote online through Progressive’s HomeQuote Explorer tool. You’ll need to provide your address, personal details about how long you’ve owned the home, whether clients and customers enter your home, information about the structure, interior and exterior of your home, and details about the owners. You can get a quote by chatting with a service rep over the phone: (844) 416-5371.
Verdict
Progressive could be a strong choice if you’re looking for a carrier with nearly eight decades of experience in insurance. It will compile quotes from other providers and hunt for affordable rates. And while Progressive is the first point of contact when filing a claim, at the end of the day, the insurer your policy is with is responsible for handling it.
Methodology
Investopedia is dedicated to providing consumers with unbiased, comprehensive reviews of homeowners insurance providers. We reviewed each insurance provider’s coverage options, available discounts, customer service, and satisfaction to ensure that our content helps users make the right insurance decision for their needs.
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