A question about Progressive Direct insurance?

Posted on Mar 29, 2008 under Insurance Information |

I switched insurance this past October to Progressive Direct. It was about $100 per year cheaper than the insurance company I had been with for the past 20 years or so. The 6 month premium was around $650. I had 2 accidents - neither chargeable and my first in 25 years or so. The first, I was hit by an elderly woman who admitted fault (and was verified by the police) the second was when a deer jumped out and smashed into the driver's door.

Well, I got my premium notice yesterday and I am in shock. $2031 for 6 months? $4062 per year? There are no traffic tickets and I have good credit. I just can't figure this out. Is Progressive known for this?

I'd appreciate any input . Thanks!

12 Responses to “A question about Progressive Direct insurance?”

  1. ALL insurance companies are known for this. even if you were still with your long-time insurer, you would find your premiums have sky-rocketed.

  2. yep they sure are! when you got a quote they did not run your mvr or clue and probably not your credit. then when you took out the policy they ran them. they may be seeing your accident and charging points for it. Your credit may not be putting you in their best tier. call Progressive and ask them why its so high. if its due to the accident being charged for, you just need to provide a police report, or something from your last company showing it a not at fault accident. if its due to your credit, theres not a lot you can do. Call an independent agent and get some quotes. Oh yeah, dont let Progressive bully you by telling you that you CAN'T cancel your policy (also known fort his). You CAN but it WILL be short rated, meaning you'll basically pay a penalty, which you would under any auto policy.

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