Allstate vs. Progressive Auto Insurance in 2024 (Who’s Best for Coverage & Savings?!)

 Allstate is known for its many discounts if you drive safely or have a newer car. On the other hand, Progressive is famous because its rates cost less, and it also helps those with not-so-good credit scores by offering flexible options. When Allstate gives many discounts, Progressive is usually cheaper for most drivers. But Progressive rates go up a lot more when accidents happen than Allstate.

Allstate vs. Progressive Auto Insurance Rating

Keep reading to compare affordable Allstate vs. Progressive auto insurance quotes, or enter your ZIP code to start comparing multiple companies in your area.

Allstate vs. Progressive: Auto Insurance Costs for Different Age Groups

Wouldn’t you agree that as we age, we become more experienced?

Car insurance companies believe this, especially when it comes to determining your auto insurance rates. They believe the more years of experience we have, the more cautious and safe we are as drivers.

We can all agree on that.

However, it’s doubtful we all agree that it’s fair to base auto insurance rates on gender and marital status. Some states have outlawed this practice — but not all.

Read More:

• Allstate Auto Insurance Review
• Progressive Auto Insurance Review

For 16-year-old drivers, Progressive tends to charge significantly higher rates, with females paying $801 and males $814, compared to Allstate’s $608 and $638, respectively. As drivers age, the gap between Allstate and Progressive narrows.

Allstate vs. Progressive Full Coverage Auto Insurance Monthly Rates by Age & Gender

By age 30, Progressive offers slightly lower rates for both females and males, with females paying $131 and males $136, compared to Allstate’s $168 and $176. This trend continues into middle age, where Progressive remains cheaper, especially for drivers in their 60s, with rates as low as $92 for females and $95 for males, while Allstate charges $150 and $154.

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Comparing Allstate and Progressive Auto Insurance Rates for Different Driving Records

No matter which auto insurance company you select, Allstate vs. Progressive auto insurance rates will increase if you get a speeding ticket, cause an accident, or get a DUI.

If your driving record makes you look like a liability to an auto insurance company, you’re going to pay more. Allstate and Progressive are no exception. Find out how auto insurance companies check driving records.

Allstate vs. Progressive Full Coverage Auto Insurance Monthly Rates by Driving Record

The costs for auto insurance from Allstate and Progressive vary significantly based on individual driving histories. While rates do go up for infractions with both companies, Progressive usually has the best deals, particularly for customers with perfect records or ones facing DUI charges.

In general, Progressive has cheaper auto insurance rates than Allstate for drivers with any type of driving record. However, Progressive is more punitive with customers who get a speeding ticket or cause an accident.

Progressive is historically more forgiving than Allstate when it comes to certain infractions, like DUIs. On the other hand, drivers should exercise caution because both companies raise premiums following accidents and speeding tickets.

Impact of Credit Score on Allstate vs. Progressive Insurance Costs

Your credit score reflects your ability to manage your finances and make good choices, as well as pay your bills on time. Car insurance companies assume that the more financially responsible you are, the safer you are behind the wheel.

A traumatic financial event like a divorce or unexpected medical costs is likely to decrease your credit score. Many people believe this to be unfair since events like these often occur through no fault of our own.

As with gender and marital status, some states have banned auto insurance companies from basing rates on credit history. Let’s take a look at how Allstate and Progressive compare when it comes to rates based on credit score.

Allstate vs. Progressive Average Annual Auto Insurance Rates by Credit History

Progressive comes in cheaper than Allstate if you have bad credit. If your credit score tanks while with Allstate, expect to pay 68% more than drivers with good credit. With Progressive, your rates will increase by only 28% if your credit score drops significantly.

If you notice a rate increase when it’s time to renew your six-month policy, it could be because your credit score dropped.

Use your Allstate login or Progressive login to make temporary adjustments to your deductible and coverage levels, if needed. This will lower your rates for the next six months while you work to improve your credit score.

It’s good practice to check your credit report every six months anyway. If you don’t want to adjust your deductible or coverage, it may be a good time to compare Allstate or Progressive quotes with other auto insurance providers. Learn more about how your credit score impacts auto insurance rates.

Auto Insurance Discounts: Allstate vs. Progressive Breakdown

Each company has its selling point, and sometimes that comes down to who has the best auto insurance discounts that apply to your specific situation.

This is why it pays to shop around. Let’s take a look at Allstate auto insurance discounts and Progressive auto insurance discounts.

Allstate vs. Progressive Auto Insurance Discounts

When comparing all discounts that either company offers, Allstate has a total of 24 auto insurance discounts while Progressive has only eight discounts.

Even though Progressive has cheaper rates, Allstate has some competitive discounts. With Allstate, you can save between 30% and 45% for being a safe driver, being claim-free, having a newer vehicle, having air bags, or being a distant student.

Progressive’s largest discount is 50% for using paperless documents. Progressive also offers a 31% discount for being a safe driver.

Both Allstate and Progressive provide a 20% discount for using their driving app or driving device. Learn more about Allstate’s driving app on our Allstate drivewise review.

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Allstate Pros & Cons

Pros

• Generous Discounts: Anyone who values safety and owns a new vehicle would love Allstate’s up to 45% discount for good drivers and owners of new vehicles.
• Strong Financial Stability: Allstate is financially stable, which means they can reliably handle claims and provide long-term coverage support, according to their high A.M. Best rating.
• Comprehensive App Functionality: In the Allstate Milewise review, we saw how the app simplifies policy management for tech-savvy clients by letting them pay bills and track claims with simplicity.

Cons

• Higher Base Rates: Premiums from Allstate are often more costly than those from rival companies, and that’s before you factor in discounts.
• Less Forgiving for Minor Claims: People who may need to use their insurance regularly may not be the best candidates because even a little claim can lead to significant rate spikes.

Progressive Pros & Cons

Pros

• Affordable Rates for Younger Drivers: Younger drivers on a budget often choose Progressive because of their consistently reduced monthly costs compared to other insurance providers.
• Leniency for Low Credit Scores: Due to its more forgiving policy, Progressive provides rates that are 27% lower than those offered by Allstate to drivers with compromised credit.
• Usage-Based Discounts: Drivers can save up to 31% through the Snapshot program, which rewards safe driving, as highlighted in the Progressive Snapshot review.

Cons

• Rates Increase After Accidents: If you have an accident, premiums with Progressive can rise by up to 41%. This big increase might be too expensive for some drivers.
• Fewer Discount Options: While solo drivers might find ways to save cash with Progressive, the company has less discounts in total when you look at other companies like Allstate.

Exploring Auto Insurance Coverage with Allstate and Progressive

Since both Allstate and Progressive are on the big contender list for market share in the auto insurance industry, they both likely offer the standard six coverages that are listed below in addition to much more.

• Liability Auto Insurance Coverage 
• Collision Auto Insurance Coverage
• Uninsured/Underinsured Auto Insurance Coverage
• Medical Payments (MedPay) Auto Insurance Coverage 
• Personal Injury Protection (PIP) Auto Insurance Coverage

Be sure to take a close look at any specialty coverages you might need, such as rental car reimbursement, roadside assistance auto insurance, guaranteed auto protection (GAP), mechanical breakdown auto insurance, and insurance for recreational vehicles such as ATVs or boats.

Also, if you are a food delivery driver, you will need Allstate or Progressive commercial auto insurance.

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Mobile App Usability for Allstate and Progressive Customers

Most of the top 10 auto insurance companies have mobile apps that allow you to make payments, adjust coverage levels, or show electronic verification of auto insurance coverage.

Most auto insurance companies also have a separate app for their usage-based auto insurance programs.

Usually, your Allstate insurance login or Progressive insurance login will work with both the general Allstate and Progressive apps and the driving apps.

Consumer Satisfaction and Financial Strength of Allstate and Progressive

If auto insurance companies can judge their customers based on gender, marital status, and credit score, then it’s only fair customers get to judge them too. Below, we list ratings for Allstate and Progressive from the top agencies that judge the credibility of all auto insurance companies. And if you’re considering investing in Allstate vs. Progressive stock, these ratings will provide some guidance.

A.M. Best scores companies based on their ability to meet their ongoing insurance obligations, such as balancing premiums collected and claims paid. The highest score A.M. Best awards is Superior A++.

Consumer Reports collects annual data from its subscribers regarding customer satisfaction of the Allstate claims process and Progressive claims process, step by step. In its 2017 survey, 27 insurance companies were rated, and scores ranged from 86 to 96.

The National Association of Insurance Commissioners (NAIC) calculates a complaint ratio based on the total number of customers vs. the total number of complaints. In 2017, the national average complaint ratio was one. The lower the ratio, the better.

Insurance Business Ratings & Consumer Reviews: Allstate vs. Progressive

Allstate and Progressive are on top of things when it comes to external ratings by government, financial, and consumer agencies. You will have a good experience with Allstate and Progressive customer service, and you can expect financial sustainability with either company.

There is still fierce competition between Allstate and Progressive for substantial shares of the auto insurance industry. Although 74.6% of the market is made up of other providers, these two titans continue to be fierce competitors, constantly fighting for supremacy.

Allstate and Progressive both have significant sway over the auto insurance market, influencing policyholder rates and trends. Drivers gain from innovation spurred by their competition as they weigh their alternatives for coverage and cost.

In a Reddit discussion, a few users shared positive experiences with Allstate and Progressive. Some praised Allstate’s customer service and its flexible ride-sharing app, which offers savings.

Allstate Car Insurance vs. Progressive: Find Your Best Deal Now

Depending on your driving history, the kind of car you drive, and how points affect auto insurance rates, you can choose between Allstate’s generous discounts for safe drivers and newer vehicles and Progressive’s more reasonable rates for younger drivers and those with poorer credit.

State Farm, Progressive, Allstate, Geico…These and more made our list of the top 10 🏆auto insurance companies. Check out 👀our review to see which might be a good fit for you👉: https://t.co/RS6zOyxEnY pic.twitter.com/XUC6Loksx1

— AutoInsurance.org (@AutoInsurance) September 25, 2024

Allstate stands out due to its financial stability and flexible coverage options, while Progressive is known for its reduced prices across different demographics. Your driving record, the kind of car you drive, and your budget will determine which one is best for you. Vehicle owners can discover the policy that works best for them in the long run by comparing these companies.

Before you decide whether to buy Allstate vs. Progressive auto insurance, enter your ZIP code to compare multiple auto insurance companies in your area.