Compare Progressive vs. State Farm Auto Insurance in 2021

Our Progressive vs. State Farm auto insurance review compares rates, auto insurance coverages, discounts, and third-party ratings so you can make a confident decision about which auto insurance policy is right for you. Read now to secure cheap rates when you compare Progressive vs. State Farm auto insurance quotes for free in your area.

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Sara Routhier, Managing Editor and Outreach Director, has professional experience as an educator, SEO specialist, and content marketer. She has over five years of experience in the insurance industry. As a researcher, data nerd, writer, and editor she strives to curate educational, enlightening articles that provide you with the must-know facts and best-kept secrets within the overwhelming world o...

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Cynthia Lanctot is an insurance professional with ten years of industry experience. Cynthia is licensed in several states, and holds an associate in claims law, as well as a bachelor’s degree in English. Cynthia’s experience includes the New England and Northeast states. She currently works as a liability claims professional and an occasional online contributor.

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Reviewed by Cynthia Lanctot
Licensed Agent

UPDATED: May 28, 2021

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A Concise Overview

  • Progressive and State Farm are two of the top ten companies in the auto insurance industry
  • State Farm has the largest market share in the auto insurance industry
  • State Farm is known for cheap rates, but it carries more expensive rates for policyholders with poor credit
  • Progressive has more discounts

You’ve compared Progressive and State Farm based on everything from customer service to coverage and prices. Now you need one more piece of information to break the tie and tell you which company and auto insurance coverages are right for you. Look no further. Our Progressive vs. State Farm auto insurance review gets into the nitty gritty to help potential insureds to make an informed decision.

If you want to see if you can compare Progressive vs. State Farm auto insurance quotes in your local area, enter your ZIP code in the free comparison tool above to see if these two insurance giants pop up in your area.

Who Provides a Cheaper Insurance Rate: Progressive or State Farm?

An insurance agent might tell you to run a quote with them. After all, your unique situation might turn the dial either way. The truth is both companies enjoy a large market share in the car insurance industry. So they can offer lower rates than a smaller company. Both offer comprehensive coverage options and accident forgiveness if you meet certain qualifications. When you throw in things like multi-policy discounts and account for location, age, and other factors, annual premiums are unique to the insured.

Progressive vs. State Farm Summary
SummaryProgressive Auto Insurance StatsState Farm Auto Insurance Stats
Year Founded19371922
Headquarters6300 Wilson Mills Road, W33 Cleveland, OH 44143-2182One State Farm Plaza Bloomington, IL 61710
Available in how many states?47All States
Direct Premiums$32.2 Billion$41.1 Billion
Market Share12%16%
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Both companies show a large market share in the car insurance industry. However, State Farm appears to be the stronger company with more direct premiums and a higher market share.

If you want a closer look at these companies, check out Progressive auto insurance review and State Farm auto insurance review for more information.

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How Can You Get the Cheapest Car Insurance?

One of the easiest ways to reduce your annual premium is by cutting your coverage. Unfortunately, this can backfire when you’re in an accident. If your deductible is too large or coverage too small, you could end up paying much more than you saved. Both State Farm and Progressive offer a number of insurance discounts to help you get around the normal challenges of insuring your family.

Average Monthly Progressive vs. State Farm Auto Insurance Rates by Driving Records
Driving Record SummaryProgressive Monthly Auto Insurance RatesState Farm Monthly Auto Insurance Rates
Clean Driving Record$283$235
With 1 DUI$331$303
With 1 Speeding Violation$334$266
With 1 Accident$398$283
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State Farm car insurance rates are cheaper than Progressive regarding driving records. Progressive auto insurance rates are more expensive for driving records with an accident than DUI convictions.

How Does Credit Score Affect Cheaper Car Insurance?

Industry giants like Progressive and State Farm offer financial services to help insured clients. A poor credit score can have a bigger impact on your rates than you might realize. According to Experian, car insurance companies correlate credit score with risk in their driver profile.

In other words, a poor credit score is associated with a higher chance of claims. So expensive car insurance rates will follow. Good and excellent credit scores produce cheaper rates.

Let’s review how Progressive and State Farm calculate auto insurance rates by credit scores.

Average Monthly Progressive vs. State Farm Auto Insurance Rates by Credit Scores
Credit Score SummaryProgressive Monthly Auto Insurance RatesState Farm Monthly Auto Insurance Rates
Good Credit (670-739)$302$181
Fair Credit Score (580-669)$330$238
Poor Credit Score (300-579)$395$413
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State Farm is cheaper for fair and good credit scores. Policyholders with low credit scores are more likely to save with Progressive.

When your credit score improves, be sure to alert your auto insurance company about the change.

How Does Age Impact Coverage for Drivers?

Another factor that has a big impact on your car insurance policy is age. If you’re young, you have less experience. For insurance underwriters, this translates to a higher risk. If you’re above a certain age, you may have more vision issues, a slower reaction time, etc., again increasing risk. Industry experts track claims and connect them to different factors like age, and insurance companies set rates accordingly.

Average Monthly Progressive vs. State Farm Auto Insurance Rates by Age, Gender, and Marital Status
Age, Gender, and Marital StatusProgressive Monthly Auto Insurance RatesState Farm Monthly Auto Insurance Rates
Single 17-year-old female$724$496
Single 17-year-old male$802$610
Single 25-year-old female$225$195
Single 25-year-old male$230$213
Married 35-year-old female$191$173
Married 35-year-old male$181$173
Married 60-year-old female$166$156
Married 60-year-old male$171$156
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Overall, State Farm is the cheaper company for types of drivers by age. With Snapshot, Progressive customers can save more, but it requires safe driving activity for a set period while being tracked.

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Who Gives the Biggest Bang for Your Buck on Coverage Types?

When you buy car insurance, you’ll notice a combination of numbers that look like this “25/50/25.” This is known as a coverage rule or coverage level. The lowest coverage level is known as the minimum auto insurance requirement, which varies by state.

If you need more on your coverage limit, you’ll need to increase your coverage level. However, it’ll cost you more money per month. Let’s see how higher coverage levels affect Progressive and State Farm auto insurance.

Average Monthly Progressive vs. State Farm Auto Insurance Rates by Coverage Level
Coverage Level SummaryProgressive Monthly Auto Insurance RatesState Farm Monthly Auto Insurance Rates
High Coverage Level (100/300/100)$363$288
Low Coverage Level (Depends on State)$311$255
Medium Coverage Level (50/100/50)$335$272
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State Farm wins again. Progressive’s monthly premiums are about $60 more. Ask about policy discounts to lower your total balance.

Does Commuter Mileage Increase Insurance Rates?

The more you plan to drive during your policy period, the more you’ll pay for auto insurance. Some car insurance companies won’t increase your rates based on commute mileage.

Do Progressive and State Farm charge more for more estimated mileage during your policy?

Average Monthly Progressive vs. State Farm Auto Insurance Rates by Commute Mileage
Estimated Commute MileageProgressive Monthly Auto Insurance RatesState Farm Monthly Auto Insurance Rates
10 Miles Commute (6,000 miles/yr)$336$265
25 Miles Commute (12,000 miles/yr)$337$279
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Although State Farm is cheaper based on commute mileage, Progressive doesn’t increase your auto insurance rates that much. For comparative purposes, there’s a $1 difference between commute mileage.

Progressive vs. State Farm Auto Insurance Coverages

Now that you know about some of the factors that determine auto insurance, let’s see which company has more coverage options.

Comparing Progressive vs. State Farm Auto Insurance Coverages
Progressive Auto Insurance CoveragesState Farm Auto Insurance Coverages
Bodily Injury LiabilityCollision Coverage
Property Damage LiabilityComprehensive Coverage
ComprehensiveLiability Coverage
CollisionCar Rental and Travel Expenses Coverage
UnderinsuredUninsured Motorist Coverage
Uninsured MotoristUnderinsured Motorist Coverage
Medical PaymentsMedical Payments Coverage
Loan/Lease PayoffEmergency Roadside Assistance
Rental Car ReimbursementRideshare Driver Coverage
Custom Parts and Equipment Value
Rideshare Coverage
Roadside Assistance
Deductible Savings Bank
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When it comes to average rates for auto coverage, Progressive wins the battle. State Farm may be the cheapest company, but Progressive has a bigger selection of coverage options. The lowest rates are based on a combination of factors that changes for each individual.

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Progressive vs. State Farm Auto Insurance: Who Has More Discounts?

Many insurance companies offer a base premium. Then they list discounts that build a more affordable policy. In the next two subsections, we’ll explore the available discounts at Progressive and State Farm.

Progressive Auto Insurance Discounts

What discounts can you get at Progressive? Here’s a list of deals that you may qualify for at Progressive.

Progressive Discounts
Progressive Auto Insurance Discount ListProgressive Discount Values
Anti-Theft Device Discount5%
Continuous Coverage DiscountVaries
Defensive Driver DiscountVaries
Discount FinderVaries
E-billing DiscountVaries
Good Credit Discount84%
Good Driver Discount26%
Good Student Discount10%
Home Owner DiscountVaries
Low Mileage DiscountVaries
Loyalty DiscountVaries
Military DiscountVaries
Multiple Policy Discount10%
Multiple Vehicle Discount30%
No lapse in coverage discountVaries
Paid in full discountVaries
Paperless documents discountVaries
Passive Restraint Discount10%
Preferred payment discountVaries
Prepay DiscountVaries
Provider Switch DiscountVaries
Signing documents when you buy online discountVaries
Starting your auto quote online discountVaries
Student Away at School Discount10%
teenSMART DiscountVaries
Youth Driving DiscountVaries
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Progressive’s most effective discount is the good credit discount. When you stack discounts together, you can save hundreds per month.

If you have a Progressive car insurance policy already, use your Progressive login to see what discounts have been applied to your insurance account.

State Farm Auto Insurance Discounts

What about State Farm? What is the average cost? How much can you save when you stack discounts? Let’s quickly review the discounts at State Farm.

State Farm Discounts
State Farm Auto Insurance Discount ListState Farm Discount Values
Accident Free Discount15%
Anti-lock Brake Discount20%
Anti-Theft Device Discount15%
Claims Free Renewal DiscountVaries
Daytime Running Lights DiscountVaries
Defensive Driver Discount5%
Driving Habits Discount30%
Driving training discountVaries
Good Credit Discount80%
Good Driver Discount25%
Good Student Discount25%
Home Owner DiscountVaries
Low Mileage Discount10%
Loyalty DiscountVaries
Mature driver discountVaries
Military DiscountVaries
Multiple Policy Discount17%
Multiple Vehicle Discount20%
New Car Discount40%
Passive Restraint Discount40%
Senior Adult DiscountVaries
Student Away at School DiscountVaries
teenSMART Discount15%
Travelink DiscountVaries
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State Farm doesn’t have as many discounts, but the savings you could get will slash prices.

Progressive vs. State Farm Auto Insurance Reviews

We’re almost done. Before you make your final decision, check out the pros and cons, third-party ratings, and both companies’ mobile app ratings. Consumer ratings are a key part of many consumer decisions.

Pros and Cons

Let’s start with the advantages and disadvantages of Progressive and State Farm.

Comparing Pros and Cons of Progressive vs. State Farm
Progressive ProsProgressive ConsState Farm ProsState Farm Cons
Provides non-standard auto insuranceVehicles worth $150,000 or more can't get a Progressive policyEasy to file a claimCost is higher for customers with poor credit
Pet injury is covered under collision insuranceRates about average under J.D. PowerCheap auto insurance ratesHas fewer discounts than most competitors
Various insurance options to bundle with auto insuranceProgressive quotes may check your creditGood financial strength ratings
Custom equipment and loan payoff policiesExcellent customer review ratings
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Both companies check your credit score, but State Farm is still cheaper. However, State Farm doesn’t provide some of the same perks as Progressive.

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What are the financial strength and credit ratings?

The financial strength and credit ratings reveal how well Progressive and State Farm manage money and how they treat consumers.

Their performance is summarized into a singular score provided by financial strength and credit rating agencies. Let’s look at how Progressive and State Farm are graded.

Progressive vs. State Farm Financial Strength and Credit Ratings
AgenciesProgressive RatingsState Farm Ratings
AM BestA+A++
Better Business Bureau (BBB)AA+
Moody'sAaAa1
S&PAAAA
NAIC Complaint Index1.330.98
J.D. Power - Power Circle RatingsAbout AverageBetter Than Most
Consumer Reports8789
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According to the ratings, State Farm outshines Progressive with superior grades across the board. However, they have equal grades under S&P.

Mobile App Ratings

Since smartphones are essential to the mobile app experience, auto insurance companies have invested a lot of time and money into making the perfect smartphone application.

Progressive and State Farm have entered the mobile app world and encourage customers to manage their accounts from their smartphones. But how’s the customer experience graded?

Apple App Store and Google Play Store concentrate their ratings on a star level and display it for their respective users. Let’s look at Progressive and State Farm’s mobile app ratings from iOS and Android.

Progressive vs. State Farm Mobile App Ratings
Smart Device Stores/SystemsProgressive Mobile App Star RatingsState Farm Mobile App Star Ratings
Apple App Store (iOS)3 stars3 stars
Google Play Store (Android)4 stars4 stars
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Progressive and State Farm have the same rating. Overall, they have a moderate rating on iOS and an above-average rating on Android.

To use these mobile apps, you’ll need to create a Progressive insurance login or State Farm login to access your policy information by phone, tablet, or desktop computer.

Progressive vs. State Farm Auto Insurance: What’s the bottom line?

When you look at the details of our Progressive vs. State Farm auto insurance review, you’ll see that State Farm is the better company. However, Progressive has more discounts, car insurance coverages, and provides cheaper credit-based car insurance.

Your auto insurance rates could be different. Enter your ZIP code in the free online quote tool to see how local area auto insurance quotes work for you – you may have the opportunity to compare Progressive vs. State Farm auto insurance quotes.

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