Progressive Renters Insurance Review: Pros & Cons, Pricing, and Features

Studenomics Score:  4.6 Out of 5 Stars

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Have you been thinking about using Progressive Renters Insurance for your insurance needs? We have looked into this company to see if it would be the right for you. 

Keep on reading to find out more about Progressive Renter’s Insurance.

renters insurance progressive

Progressive Renters Insurance Review

Highlights:

Overview:

Strong company founded in 20XX with solid pricing.  Easy to apply online.

Known for:

  • Maybe something about pricing or ease of use
  • Maybe something about having great reviews or great customer service
  • Another key feature

Financial Rating:

Rated A+ for financial strength by A.M. Best

Who is Progressive Insurance?

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PROGRESSIVE CONTACT INFO

Website:  www.progressive.com

Phone:  (888) 671-4405

Address:  6300 Wilson Mills Rd. Mayfield Village, Ohio 44143

How Does Progressive Renters Insurance Work?

“Does Progressive offer renters insurance?”

A reader asked this recently to see if they could use Progressive for their renters insurance.

The good news is that Progressive does have renters insurance even though the company is known for its auto insurance coverage. 

How does Progressive Renters Insurance Work?

You can use Progressive to insure your car, boat, rental, and many other things.

How does progressive renters insurance

Check out the graphic below to see what all the different types of insurance that Progressive offers.

What this means is that you can use Progressive for all of your insurance needs. You’re in luck if you have multiple items that need insurance.

You can obtain life insurance, renters insurance, and insurance for the family boat all at one stop.


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Bundle and Save Up to 50%

Save up to $850/year by bundling renters with car insurance.  Quick Online Quotes.  Compare & Save 50% on: Auto, Motorcycle, Home, Condo, & Renter.

It's free to apply!


Is Progressive Renters Insurance Legit?

Progressive has been in business since 1937 so the company has been around for a while.

You don’t have to worry about Progressive going under anytime soon.

The company offers many insurance discounts and they have an easy-to-use system. 

Is Progressive Good Renters Insurance?

To put things bluntly, any renters insurance policy is good.

We want you to be protected financially at all times.

As we took a closer look at Progressive Renters Insurance we realize that the policy is very good.

The company works with many underwriters to offer you insurance for your situation.

Editor Review

Our editor's scores for Progressive Company for pricing, customer service, policy options, and financial stability:


Studenomics Score: 4.6 Out of 5 Stars

PRICING SCORE:  5 Out of 5

How Much Does Progressive Renters Insurance Cost?

We understand that money is likely tight and you don’t want to be spending a small fortune to find renters insurance for your place.

This is why we always consider the price.

It turns out that Progressive Renters Insurance is priced very fairly and you can customize your policy to find a policy that fits your budget.


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Renters Insurance Starting at $5/month

No brokers, no paperwork, get a policy in seconds.  Zero Hassle, zero paperwork, zero worry. Join now!  Starting at $5/month.

It's free to apply!


How Much Is Progressive Renters Insurance?

Progressive renters insurance has been around for a while so you’ve likely heard your friends discussing this policy. 

According to the official website, here’s how much Progressive Renters Insurance costs:

“For 2017, the average cost of an ASI Renters insurance policy from Progressive ranges from $13-$25 per month. Renters insurance is fairly inexpensive. Plus, you can get extra discounts when you bundle it with your auto insurance.”

Progressive Renters Insurance Quotes

When you go to obtain a renters insurance quote, you’ll be prompted with a few questions. Progressive will ask you about your situation. Here are some of the questions that you’ll be prompted with when you attempt to sign up for Progressive Renters Insurance:

  • Do you have any dogs?
  • What kind of unit do you live in?
  • How many people live in the unit full-time?
  • How much personal property coverage do you want?

Those are a few things to think about when you’re obtaining Progressive Renters Insurance quotes.

how much does progressive renters insurance cost, progressive renters insurance quotes, is progressive worth the cost

As you can see from the image, you can customize the amount of coverage that you would like and the deductible that you’re willing to pay. You could easily lower your monthly premium by paying a higher deductible if your finances are currently tight.

Below is an example of a basic renters insurance policy cost for one person plus a partner.

  1. $12.50 in NYC.
  2. $25.92 in Dallas, Texas. 

You can play around with the coverage amounts and deductible to see how the price fluctuates. Your premium will change depending on how much coverage you need.

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Pro Renters Insurance Tip


Renters insurance doesn't just cover the replacement of your belongings, but also protects you if someone gets hurt on your property.  Limits usually start at $100,000.

Is Progressive Worth The Cost?

As you can see from the image, you can customize the amount of coverage that you would like and the deductible that you’re willing to pay.

You could easily lower your monthly premium by paying a higher deductible if your finances are currently tight.


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Bundle and Save Up to 50%

Save up to $850/year by bundling renters with car insurance.  Quick Online Quotes.  Compare & Save 50% on: Auto, Motorcycle, Home, Condo, & Renter.

It's free to apply!


Can I Bundle My Progressive  Renters Insurance With My Auto Insurance?

The good news about Progressive renters insurance is that you can bundle your renters insurance with your auto insurance to save money.

Progressive is actually known for its auto insurance.

Bundling your auto and renters insurance is very beneficial from a simplicity point of view since you get to combine everything.

You don’t have to worry about separate payments.

Studenomics Pricing Score:  5 out of 5


CUSTOMER SERVICE SCORE:  4 Out of 5

How is Progressive's Reputation for Service?

We don’t want you to just take our word for it so we looked around to find Progressive Renters Insurance reviews.

BBB Rating:  B+

Number of Ratings:  216

Glassdoor Rating:  x

Number of Ratings:  252

Reddit Sentiment:  Good/Bad/Neutral

Number of Comments:  Approx. 50+ from 6 threads

Sarah George of Finder.com had the following to say about Progressive Renters Insurance…

Notable Review Favoring Progressive Company:

progressive renters insurance customer reviews and complaints

Progressive Renters Insurance Review Reddit

There were some interesting tidbits when we searched Renters Insurance Progressive Reddit.

reddit progressive renters insurance

Those are a few examples of Progressive Renters Insurance reviews that we were able to find.

How Do You File a Progressive Renters Insurance Claim?

What if you have to file a claim with progressive renters insurance? Here are the steps to filing a renters insurance claim with Progressive:

  • Connect with your insurer. You can contact 1-800-776-4737 to find out who your insurer is.
  • Your insurer creates an estimate based on your information about your claim.
  • Your insurer sends you a payment for the damages, theft, or whatever the loss was.
  • Your place gets repaired (if applicable).

That’s how you file a claim with your Progessive Renters Insurance policy.

Studenomics Customer Service Score:  4 out of 5


POLICY OPTIONS SCORE:  5 Out of 5

What Does Progressive Renters Insurance Cover?

The company is known for the Progressive Home Advantage Renters Insurance.

What does Progressive Home Advantage Renters Insurance cover?

  1. Personal property. Your personal items are covered (furniture, clothing, electronics, and so on) in the event of damage (fire, water, and whatever else is mentioned on your policy) or theft. Your belongings are also covered when in a storage unit or when you’re on vacation.
  2. Loss of use. If your unit happens to be damaged by a covered loss and you can’t live there, you’ll be placed in a hotel where your meals will be covered.
  3. Personal liability. If you’re held liable for an injury or property damage that happens to someone because of you, you’ll be covered financially. This means that you’ll be protected in the event of any legal issues that would otherwise destroy your finances.
  4. Medical bills. If someone is injured at your place, their medical bills will be paid by your insurance coverage.

That’s what Progressive Renters Insurance covers with its basic policy.

You can always add riders and customize your renters insurance policy to your needs.

You can always customize your policy depending on what you own and what your situation requires.


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Renters Insurance Starting at $5/month

No brokers, no paperwork, get a policy in seconds.  Zero Hassle, zero paperwork, zero worry. Join now!  Starting at $5/month.

It's free to apply!


What Isn’t Covered By My Policy?

What isn’t covered by your Progressive Renters Insurance policy?

According to the official website here’s what won’t be covered by your renters insurance policy:

“Renters insurance won't cover damages to the roof, building/exterior of your residence or the premises around it. Those areas are your landlord's responsibility and, if damaged, your landlord would have to pay for those repairs.”

You’re also going to have to purchase additional coverage for water back-up (issues with sewage) and personal injury.

Can I Add My Roommate?

Are you thinking about your roommate to your Progressive Renters Insurance policy?

We know how expensive it can be to live on your own.

You may be thinking about having a friend move into the spare bedroom or moving in with your partner. 

The good news is that you can add a roommate to your policy.

When you’re looking for a quote online, you’ll be prompted with a question about who lives with you.

It’s important that you mention your roommate so that they’re covered.

Highlights

Progressive Renters Insurance

Lemonade

State Farm Insurance

State Farm

Lemonade Renters Insurance

Progressive

Cost

Starting at $5/mth

Starting at $$$

Starting at $$$

Personal Property Coverage

(Starts At:)

$

$20,000

$

A.M. Best Rating

(Financial Strength)

A+

A+

A+

BBB Rating

A

A

A

Claims Process

Excellent

xyz

xyz

Best for:

Quick Online Purchasing

Customer Service

Lowest Cost

Studenomics Rating

4.6 Stars

4.6 Stars

Read Full Review

4.6 Stars

Read Full Review

Recap company options vs others and state why you gave it the score you did.

Studenomics Policy Options Score:  5 out of 5


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Renters Insurance Starting at $5/month

No brokers, no paperwork, get a policy in seconds.  Zero Hassle, zero paperwork, zero worry. Join now!  Starting at $5/month.

It's free to apply!


FINANCIAL STRENGTH SCORE:  5 Out of 5

What is Progressive's Financial Rating?

When it comes time to make a claim, here's where you need your insurance company to step up.

They need to have the money to pay out a claim.  The best way to determine if a company is financially stable and able to meet its ongoing claims obligations is by checking their financial rating and comparing it to other insurance companies.

Add A.M. Best score and examples from other companies.

Studenomics Financial Strength Score:  5 out of 5

"The process was very smooth and they deposited the money in my account in less than 3 days."

Ayman A. - BBB Review


Pros and Cons of Progressive Renters Insurance?

In order to provide you with the most accurate review, we’re going to look at the pros and cons of Progressive Renters Insurance.

Pros:

  • Single Deductible
  • Low Rates
  • Easy Claims Process

Cons:

  • Auto Payment
  • Low Ratings

In this section, we'll have room to describe the pros in a bit more detail.  

What are the pros of Progressive renter’s insurance?

  • Single deductible for renters and auto insurance.
  • Low rates for insurance.
  • You can customize your policy to fit your budget.
  • There’s an easy claims process. 
  • Flexible payments to fit your financial situation.

What are the cons of renters insurance Progressive?

  • Automatic bank withdrawals for monthly payments. Not everyone feels comfortable with this.
  • Low business and customer ratings if you look into that kind of stuff.
  • You have to give out sensitive information to get a renters insurance quote online. You may not feel comfortable with giving out your SSN to get an insurance quote online. 

Those are the pros and cons of Progressive renters insurance so that you have a clear picture of what you’re getting into.

Does Progressive Offer Insurance In My State?

Progressive renters insurance isn’t available in every single state yet.

The auto insurance is almost nationwide, but for your renters insurance policy you’re going to have to type in your state to see if you can find a quote. 

You can also check the best renters insurance rates by state using the map below.

How to Cancel?

If you want to cancel your Progressive Renters Insurance you’re going to have to call 1-866-416-2003.

Unfortunately, you can’t cancel your insurance policy online. You have to speak with an agent over the phone. 

Take Action

That’s our Progressive Renters Insurance review. If you’re looking to bundle your insurance products to save some money, you’re in luck here.

Progressive has been around for a long time and is an established player in the insurance company.

You can easily customize until you find a renters insurance policy that fits your budget.


Studenomics Official Logo

Renters Insurance Starting at $5/month

No brokers, no paperwork, get a policy in seconds.  Zero Hassle, zero paperwork, zero worry. Join now!  Starting at $5/month.

It's free to apply!


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