Yes, Progressive does raise rates after 6 months in some cases. If you’re a new Progressive customer, you’ll see your auto insurance premium go up after your first 6-month policy period if you file a claim or traffic violations get added to your driving record during that time.
Auto insurance rate increases are usually related to increases in the insurance risk of the policy holder. But another reason that Progressive might raise rates after 6 months is that insurance costs market-wide have been rising over time. For example, the amount the average person spends on car insurance increased by 36% from 2010 to 2019, according to the Insurance Information Institute. However, your rate could go down for various reasons, too, like if you get married, move to a more rural area or improve your credit score.
- You had a costly accident. Progressive won't raise your rate when you file a claim for less than $500, whether it’s your fault or not.
- You filed a claim and are not a longtime customer/safe driver. Progressive won’t raise your rate when you file a claim for more than $500 if you’ve been a customer for at least 5 years and haven’t had an accident in the last 3 years – whether it’s your fault or not.
- You’ve gotten two or more speeding tickets in a 3-year period.
- You moved to a more densely populated area (considered a higher risk).
- You added a more expensive car to your policy.
- You added a new driver to your policy (especially a bad driver or teen driver).
- You started using your car for business.
- You increased your coverage.
Remember, auto insurance rates are not stagnant. While they rise as you make claims on your policy, they typically decrease as you get older, until about age 75, and as the number of years you’ve been an active driver increases. With Progressive, you can avoid rate increases on your auto insurance policy every 6 months as long as you don’t file any claims and you maintain a good driving record.
This answer was first published on 07/06/20 and it was last updated on 02/09/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
FAQs
Your Progressive rates may increase after six months depending on a number of factors. Like other car insurance providers, Progressive will typically raise your rates if you receive a speeding ticket or moving violation, cause an accident or make comprehensive insurance claims.
How does Progressive 6 month policy work? ›
For example, you can purchase a six-month policy and cancel it after a couple of months if you sell your car or when you're done driving. You won't be charged for the remaining months after you cancel, though you may pay a cancellation fee.
Why does my car insurance go up every 6 months? ›
If you notice your car insurance keeps going up each time you renew, it could be from rising car insurance rate trends over time. These are often caused by factors outside your control, like increases in the costs to repair and replace vehicles or increases in claims and claim severity in your area.
Why does my Progressive keep going up? ›
Your Progressive car insurance rates may have gone up due to an auto accident, a traffic violation, an address change or a new vehicle being added to your policy. Other potential reasons why your Progressive premium went up include factors out of your control, such as increased claims in your ZIP code.
Why does Progressive quote 6 months? ›
A term of six months is what you'll likely be quoted unless you specifically ask for a different policy period length. This is because six-month policies give insurers the flexibility to update rates in response to shifts in pricing trends and your driving history.
Who is cheaper, Geico or Progressive? ›
Both Geico and Progressive offer cheap car insurance to drivers across the country. Geico's rates are typically lower overall, but Progressive tends to offer better prices to high-risk drivers. High-risk drivers are those with a recent DUI, at-fault accident or speeding ticket on their driving record.
Is it better to pay car insurance every 6 months? ›
If you pay in full, a six-month car insurance policy will typically cost less due to its shorter coverage period. However, if you're paying month-to-month, you may not notice much difference in price between a six-month and 12-month policy.
What happens after you pay 6 months of insurance? ›
Most companies offer policies that last for six months before renewal, though some insurers offer 12-month policies. If you have a six-month policy, your insurance company will re-evaluate your risk and calculate your car insurance premium accordingly every six months.
Why did my car insurance go up when nothing changed? ›
Why did my car insurance go up when nothing changed? Your car insurance can increase if the cost of repairs, labor or health care services increases. This is because car insurance companies raise rates to account for higher costs in these areas.
Why is progressive insurance so expensive? ›
If you buy directly from a Progressive company, your car insurance price reflects the cost of staffing and maintaining the sales centers, and a larger portion of our marketing costs.
Your particular driver profile, which includes factors like where you live, your age and your driving record, influences what you pay for car insurance. But rising car repair costs and an increase in disaster-related claims are significant reasons why car insurance rates are surging for many drivers.
Is Progressive the most expensive insurance? ›
Progressive is also generally cheaper than Allstate. It even has low average rates for those with a DUI on their driving record. Allstate is also the most expensive insurance option of the ranked companies, according to our data.
Did Progressive raise their rates? ›
Progressive, which had already increased personal auto rates by over 13% in 2022 and an additional 4% in the first quarter of 2023, said in its first quarter 2023 shareholder letter that it planned to be "aggressive with raising rates over the remainder of the year."
Can you negotiate insurance rates? ›
The base rate determines how the company will price policies and weigh rating factors, and must be approved by the Departments of Insurance in the states where they operate. Once the rate is set, it cannot be adjusted again without prior approval, which is why you cannot negotiate car insurance rates.
Will my rates go up if I file a claim Progressive? ›
If you're responsible for an accident, your rate will almost always go up unless your insurer offers some sort of accident forgiveness feature. For example, with Progressive's Large Accident Forgiveness, your rate won't increase in most states if you're at fault in an accident with a claim exceeding $500.
Do insurance rates go up after a certain age? ›
States Where Age Does Not Affect Rates
Although most people in the U.S. will find their prices change according to this timeline, there are a few states in which insurers can't use age to determine your rate. In California, Hawaii, and Massachusetts, age won't have a direct effect on how much you pay for car insurance.
Do insurance premiums go up every year? ›
Annual increases are typical across the industry, but the way your risk factors are viewed by a particular company may vary. Get to understand your coverage and discounts to ensure you are getting the best price for the assurance you need.
