Reviews Report
- Reviews.com scores Progressive with a 3.25 out of 5 based on rates, customer ratings and product offerings.
- Save time shopping around for home insurance when using the Progressive HomeExplorer quote comparison tool.
- Customers can choose from several different coverage options based on how much coverage is needed
Founded in 1937, Progressive offers a suite of insurance products, including home insurance. While the company is more known for its auto insurance, customers looking for a basic insurance policy at a competitive price may want to get a Progressive home insurance quote.
Progressive homeowners insurance scores roughly average when compared to Nationwide, USAA, and State Farm. However, when you buy a Progress home insurance policy, it will not be underwritten by Progressive itself. Progressive partners with several companies to underwrite home insurance policies, which means the coverage options and discounts could vary.
Progressive Homeowners Insurance Overview
Progressive Homeowners Insurance Highlights
Progressive Homeowners Insurance vs. The Competition
| Provider | Reviews.com Score | Avg. Premium* | J.D. Power Customer Satisfaction** | AM Best |
| Progressive | 3.25 | $1,449 | 797 | A+ |
| Nationwide | 4 | $1,292 | 808 | A+ |
| USAA | 3.8 | $1,546 | 889 | A++ |
| State Farm | 2.8 | $1,651 | 829 | A++ |
Information accurate as of July 2021
*Data provided by Coverage.com
**J.D. Power 2020 Home Insurance Satisfaction Study. Based on a 1,000-point scale.
Progressive vs. Nationwide
Progressive and Nationwide are both popular national carriers with a strong history of financial strength. However, Nationwide offers coverage not typically found with Progressive. Progressive offers water backup and personal injury optional coverages, while Nationwide offers coverage for water damage plus replacement cost, credit card, ordinance law, identity theft, roof replacement coverage, earthquake, and flood coverage.
Progressive vs. USAA
USAA typically has cheaper rates than many carriers. When comparing Progressive and USAA, the main difference between the two is accessibility — USAA insurance is only available to those who qualify for membership due to being affiliated with the military. However, Progressive also maintains a commitment to military members.
Furthermore, USAA consistently scores higher than its competitors in J.D. Power’s customer satisfaction studies, although it does not qualify for official ranking due to eligibility restrictions. In 2020, USAA earned 889 out of 1,000, well above the industry average, while Progressive fell short of the average at 797 out of 1,000.
Progressive vs. State Farm
Both Progressive homeowners insurance and State Farm have a long-standing history of providing insurance in the U.S. However, State Farm’s discounts and coverage options are more extensive than Progressive’s. For homeowners looking for basic insurance without too many bells and whistles, Progressive could be a great option, but for customizable coverage, you may want to consider State Farm and add-ons including pet medical coverage, additional liability, and flood insurance.
Progressive FAQ
Methodology
We evaluated Progressive based on availability, customer satisfaction, financial stability, and coverage to determine Reviews.com score and create our best home insurance reviews. To compare home insurance companies with other providers across the board, we calculate each Reviews.com score based on the following:
- Coverage: The more options a home insurance company has for insurance add-ons and coverages, the higher it scores in our methodology.
- Customer Experience: We reviewed the National Association of Insurance Commissioners’ National Complaint Index and compared each homeowners insurance company’s complaint rating.
- Customer Satisfaction: With J.D. Power’s 2020 Home Insurance Satisfaction Study, we assigned a score to each company based on the rating it received.
- Financial Stability: Reviews.com utilized AM Best ratings to assign a score based on each home insurance company’s financial stability.
- Discounts: We reviewed and compared the number of discounts advertised on each home insurance company’s website. The more available discounts, the higher the score in this metric.
About the Authors
Cynthia Paez Bowman is a contributing writer for Reviews.com. Over the last two years, she has covered insurance, home security and more. She has been featured in MSN, Bankrate, Coverage.com, The Simple Dollar and GOBankingRates. She has dual bachelors degrees in International Business and Journalism from American University in Washington, D.C. “Is It Getting Harder to Get Home Insurance in High-Risk Areas?” is Cynthia’s favorite story on Reviews.com.
