Progressive is slightly better than Liberty Mutual overall, based on WalletHub's rating criteria. The two companies also offer comparable insurance options. If you're looking for a national brand to buy your car insurance, chances are that Liberty Mutual and Progressive are among the options you're considering. After all, both are among the seven largest auto insurance companies in the country.
Which auto insurance company offers cheaper auto insurance rates, Liberty Mutual or Progressive? While the rates offered by companies will vary by person and location, we have compiled the average national rates to provide a comparison between Liberty Mutual and Progressive. Progressive and Liberty Mutual are major players in a crowded field of auto insurance providers. Both companies offer quality policies, but have different costs and customer service ratings. Read on to see our comparison of these well-known insurers.
For more information on individual companies, see our Progressive Car Insurance Review and Liberty Mutual Car Insurance Review. Our article on common types of car insurance gives you more information on what to look for when buying coverage. Additional Progressive and Liberty Mutual features and products may be available as add-ons to basic coverage. Progressive and Liberty Mutual offer home insurance and offer discounts to policyholders by combining types of coverage.
Companies also offer coverage for other vehicles, including motorcycles and boats. A unique feature of Liberty Mutual is the duration of its auto insurance policies. Unlike most major companies, Liberty Mutual offers policies in terms of 12 months. Liberty's longer-term policy option can help you avoid the rate increases that usually occur at the end of typical 6-month policies.
A popular feature is Progressive's “name your price” tool. Buyers can indicate how much they want to pay, and the company offers the available coverage options within that price range. While most drivers consider cost to be a major consideration when looking for insurance, it shouldn't be the only factor. This table compares the average annual premiums between Progressive and Liberty Mutual by age level.
Your driving record is just one of the things that insurance companies consider when offering you a quote. Your gender, age, marital status, creditworthiness, geographical location and the car you drive are some of the factors that influence the total cost of insurance. However, some may not offer them all. For example, Liberty Mutual offers discounts to members of the military and to alternative fuel vehicles.
When you buy car insurance, be sure to consider more than just who offers the lowest price. Your insurance company must provide good customer service, respond quickly when you need help, and pay the claims filed. Many people believe that having good customer service overshadows slightly higher rates. An insurance company's ability to meet your financial obligations becomes critical if you have an accident, your car is stolen, or your vehicle is destroyed in a flood.
Insurers must pay any covered claims you make. Progressive has a “superior financial strength” rating of A, M. Better, while Liberty Mutual's rating is “good”. These ratings indicate that insurers can pay their claim obligations.
Car insurance needs are unique for every driver. Request a quote from Progressive, Liberty Mutual, and other insurance companies. When you compare prices you will always get the best price, but remember that cost is just one factor that you should consider. Progressive offers lower premiums in many cases.
Even so, Liberty Mutual offers many discounts that can reduce the cost of policies and has higher customer satisfaction rates. The most important thing is that you understand what the company covers, no matter what policy you choose. You should also know your obligations before signing a new car insurance policy or renewing your current coverage. Mercedes adds monthly and lifetime options for horsepower rentals.
While both companies offer many of the same discounts, there are some differences. For example, Liberty Mutual offers a military discount and Progressive doesn't. On the other hand, Progressive offers a continuous coverage discount and Liberty Mutual does not. You can also call Liberty Mutual's customer service number or Progressive customer service number to request additional discounts when you receive your Liberty Mutual and Progressive quotes.
One possible way to save with Liberty Mutual is to enroll in the insurer's usage-based program, which it calls RightTrack. In addition, you can learn more about the discounts and additional features offered by Liberty Mutual and Progressive Insurance. Progressive offers rideshare insurance, which covers the gaps between a personal insurance policy and the insurance offered by the TNC. Both companies also received an A+ rating from the Better Business Bureau, but Liberty Mutual is accredited, while Progressive is not.
Liberty Mutual monitors your driving habits and, if you think you're driving safely, you can save up to 30 percent. Keep in mind that if you're a food delivery driver, you'll need to take out commercial auto insurance from Liberty Mutual or Progressive. Both companies offer an easy-to-use website, and the Liberty Mutual and Progressive apps allow customers to access their accounts at any time. If you're deciding between Liberty Mutual and Progressive car insurance, both insurers have a lot of great features you should consider.
Power ranked Liberty Mutual and Progressive based on customer satisfaction, including pricing, billing, claims, and what's being offered. That said, Liberty Mutual isn't significantly more expensive and is still a great option if you're looking for an insurance policy with substantial discounts and flexible coverage options. On average, Progressive is more affordable than Liberty Mutual and has better customer service scores. .