Progressive and Allstate are among the largest car insurance companies in the United States.
At numbers three and four, respectively, it can be challenging to distinguish between two prominent carriers that advertise heavily. Continue reading for our comparison of these insurance giants.
For more information on the individual companies, check out our Progressive Car Insurance Review and Allstate Car Insurance Review.
Progressive and Allstate both offer standard auto insurance coverage options such as:
You can learn more about basic coverage from our article on common types of auto insurance.
Additional features and products from Progressive and Allstate may be available as add-ons to basic coverage. Although both companies issue policies throughout the U.S., some insurance products might not be available in every state.
Allstate and Progressive also offer guaranteed asset protection, known as GAP insurance. This product covers the difference between your car’s value and what you owe on your car lease or loan.
Allstate offers supplemental sound system insurance in case your vehicle’s custom audio equipment is damaged or stolen. Progressive issues custom parts and equipment coverage (CPE), which can protect or repair your stereo equipment and things like custom wheels and even a custom paint job.
Many factors influence insurance costs. Each person’s premium is unique because of the car they drive and other considerations including their driving record, age, and creditworthiness.
Allstate’s premiums are often higher than rates from other insurance companies. According to The Zebra, the average monthly premium from Allstate is $170. With Progressive, the average policy costs $104 per month.
This table compares average annual premiums between Progressive and Allstate by age tier.
| Age Group | Progressive | Allstate |
| Teens | $8,248 | $6,442 |
| 20s | $2,287 | $2,636 |
| 30s | $2,287 | $1,920 |
| 40s | $1,644 | $1,912 |
| 50s | $1,542 | $1,893 |
| 60s | $1,403 | $1,768 |
Source: The Zebra
For most drivers, the cost of premiums tops the list of considerations when looking for insurance. However, it should not be your only consideration when shopping for a policy.
Both companies offer discounts to policyholders, such as:
Some drivers can lower the cost of an Allstate policy by taking advantage of additional discounts the company offers. For example, drivers who own newer vehicles and those with anti-lock brakes or anti-theft devices may be eligible for a rate reduction.
Allstate and Progressive both have telematics programs that give policyholders the potential to earn lower premiums by monitoring driving habits electronically.
Cost and coverage options are primary considerations when shopping for car insurance. Still, many people agree that overall customer satisfaction is worth an additional cost.
Car insurance shoppers often equate high customer service ratings with a strong likelihood of the insurer processing claims quickly and efficiently. The 2021 J.D. Power U.S. Auto Insurance Study includes responses from about 39,000 car insurance customers. It provides insights into customer satisfaction in key areas:
In the survey, customers’ opinions of and experiences with their insurance company were rated. Allstate earned an “average” rating and Progressive received a “below-average” mark.
It is critical for an insurance company to have the ability to pay its claims.
Financial strength assessments and ratings from A.M Best, Moody’s, and S&P indicate an insurance company’s ability to meet its financial obligations. According to The Zebra, Allstate boasts “excellent” financial strength and Progressive receives a “superior” rating.
Every driver has unique car insurance needs. Request a quote from Progressive, Allstate, and another insurance. Progressive offers less expensive premiums in many cases. Even so, Allstate has many discounts available that can lower its competitive rates.
Shop around to find the best price but remember that cost is just one factor you must consider when looking for insurance.
No matter which company you choose, be sure that you understand your coverage. Know what works best for you and your needs before signing a new car insurance policy or renewing your existing coverage.
