What Does Full Coverage Car Insurance Cover Progressive?

Have you decided to go about car insurance coverage progressive? If yes, follow this article to have a piece of in-depth information.

Progressive offers auto coverages, including liability, collision and comprehensive, and uninsured and underinsured policies. Its range of policy discounts makes it a good choice for customers who want to save money on their premiums. However, the price of a policy can vary depending on the method of quote recovery and application, and policies may be more pricey than some competitor offerings.

Progressive offers a wide range of policies, including vehicle, commercial, property, and personal coverage. This insurance provides coverage in all 50 states and Washington, D.C. It also offers several types of vehicle insurance, including comprehensive liability, collision, and roadside assistance. Continue reading this article to know more about what full coverage car insurance covers progressive.

What is full coverage car insurance cover progressive?

When the lender, agent, and insurer describe full coverage car insurance, they typically refer to carrying both liability and physical damage coverages. However, there is no consensus on “full coverage car insurance.” No insurer can sell a policy where you are 100% covered in all situations.

When financing or leasing a vehicle, your lender may use the term “full coverage,” but that simply means they require you to carry comprehensive and collision plus anything else your state mandates. Liability is required in nearly every state, while comprehensive and collision (physical damage coverages) are optional.

The cost of progressive car insurance for minimum coverage is $63 per month or $770 per year, making progressive car insurance rates more expensive than some more affordable car insurance companies. You will ultimately pay for your progressive auto insurance depending on several factors, including your policy limits and the amount of damage protection you purchase.

Whether or not you add comprehensive coverage to your policy. It also depends on your state, if you add uninsured/underinsured coverage to your policy, or whether or not you have been in a car accident before.  You can purchase progressive auto coverage online or through captive/independent insurance agents.

What does full coverage car insurance consist of?

Full coverage car insurance consists of three elements: liability insurance, collision insurance, and comprehensive insurance. Below is mentioned how each one works:

Liability insurance

All states require car owners to purchase a minimum amount of liability car insurance, with the exception of New Hampshire. These lowest state requirements outline two types of liability insurance:

  • Bodily injury liability insurance that covers the medical expenses of another party if you are at fault
  • Property damage liability insurance covers damage done to another person’s property that you smashed into. This could include someone else’s car, fence, mailbox, garden gnome collection, or building.

The liability insurance works in a way that if you cause a car accident that results in bodily damage to the other driver’s car and harm, the other driver can claim your liability insurance for car repair bills and medical expenditures. Your liability insurance will also pay for your legal defense, settlements, and judgments if the other driver sues you. But if you don’t have enough liability car insurance, you can be on the hook for any amount above your policy limit.

That’s why purchasing more than your state’s minimum car insurance requirements is essential. For example, medical bills could quickly exceed the minimum liability requirements if you cause a car crash with multiple injuries.

Consider at least liability limits with $100,000 in physical injury liability per person and $300,000 per accident, and at least $100,000 for property damage liability. This is generally written as 100/300/100 in-car insurance policies. Drivers with high incomes or significant assets should consider higher amounts if someone decides to sue, plus umbrella insurance.

Types of coverage

Progress proposes four types of coverages: liability, comprehensive, collision, uninsured and underinsured motorist, and roadside assistance.

Liability coverage

Liability coverage covers property damage and injury to others caused by vehicular accidents, and most states require it. Covered situations include damage to vehicles, property, and other people, medical bills, and court fees.

Comprehensive and collision coverage

Comprehensive and collision coverage will pay for the repair or replacement of a vehicle if the insured is in an accident, regardless of fault. However, these are different insurance types. Comprehensive insurance covers events outside one’s control, such as hitting a deer or a tree branch falling onto a car. Collision insurance protects against accidents involving other vehicles or inanimate objects, such as a fender bender or a smash into a pole. Comprehensive, which carries a deductible, also covers damages due to theft, fire, acts of nature, or vandalism.

Uninsured and underinsured motorist

Uninsured and underinsured insurance protects against accidents caused by a driver with no or inadequate insurance protection. Particularly, uninsured insurance covers the insured who is crashed by another driver without auto insurance. At the same time, the underinsured protects the insured crash by one who doesn’t have enough coverage to pay for damages or injuries they caused. Uninsured and underinsured are offered alongside one another and are required in many states.

Roadside assistance

If you want extra peace of mind on the road, Progressive’s Roadside Assistance comes with various 24/7 services to help out in an emergency. Roadside assistance is delivered by Agero, a provider of driver assistance services commonly used by insurance companies, and protects the following:

  • Vehicle Towing: Tow to a place within a 15-mile radius.
  • Winching: Pulls the insured’s car out of mud, water, snow, or sand within 100 feet of the road/highway.
  • Battery jump-start: Jump-start the insured’s car in case the battery dies.
  • Battery charge on electric vehicles: Provides a tow to the nearest charging station or any other location within 15 miles.
  • Fuel delivery: Provides delivery and benefit of fuel at no charge (fuel charges apply).
  • Locksmith service: Provides service if keys are misplaced, stolen, or locked inside the vehicle.
  • Flat tire change: Replaces flat tire at no expense (spare tire charges apply).
  • On-scene labor: Provides up to one hour of work in case the car isn’t running.

What does full coverage insurance cover?

Full coverage car insurance is a term that describes having all of the main parts of car insurance, including bodily injury, property damage, PIP, comprehensive, uninsured motorist, and collision. You are typically required to carry about half of those coverages. Full coverage car insurance costs more than a policy with only your state’s minimum car insurance essentials. However, that added coverage can play a crucial role if you get into a car crash. The reason is full coverage insurance helps pay car repair bills if you get into an accident that injures others. A reasonable car insurance policy can help set your mind at comfort.

The term “full coverage car insurance” does not direct to a particular policy type but relates to a policy consisting of liability, collision, and comprehensive insurance. These three coverage types provide a solid foundation for a car insurance policy. Some states also demand additional coverage types, such as personal injury protection and uninsured motorist coverage. You might want other coverage types for the best car insurance, such as rental reimbursement coverage in case your vehicle is in the shop after an accident.

Does progressive full coverage cover rental cars?

If you have a progressive auto insurance policy, you are also covered for rental cars. This coverage extends to the same limits as your personal auto insurance policy. The progressive car insurance covers rental vehicles to the same limit as if you drive a brand new Mercedes and rent a compact car; you are good to go. But what if you own a 2005 Kia Rio with 170,000 miles and want to rent a full-size sedan loaded with the latest features. That’s where you might be under-insured.

Your progressive auto coverage limit is the same for your primary and rental vehicle. So, if you own an old beater, you might not have sufficient coverage on your insurance for a rental car, which will likely be newer or more valuable. Even when you have a reasonable level of coverage, sometimes it’s better to buy additional rental car insurance. Such circumstances include:

  • Suppose you don’t want to pay the deductible in the event of an accident. If the deductible on your auto insurance is high, it will also apply to your rental car. It may give you peace of mind to just fork up for car rental insurance and understand you won’t end up on the hook for more than that payment.
  • You don’t want to claim your personal insurance. Maybe you recently had a claim and didn’t want your premium to explode. Two claims in one year can raise your insurance rates significantly, so you may not want to err on the side of caution and buy insurance.
  • Your coverage limits are low. Suppose you are driving in an unfamiliar area or in lousy weather and nervous about possible damage to the vehicle. In that case, you might consider raising your coverage levels or picking up additional coverage from the rental car company or a third-party provider.
  • Your own coverage is spotty. If your progressive auto policy is not comprehensive, you might want to buy the CDW. You might want to pick up personal accident insurance if you have low health insurance. If you don’t have liability coverage, you can buy that.

Progressive full coverage deductible

A progressive insurance deductible is typically listed on your proof of insurance card or on the declarations page. If your card is missing or you would instead look elsewhere, try checking your official policy documents. Deductibles are the amount of money that drivers agree to pay before insurance kicks in to cover expenses. Since lower deductibles mean that drivers pay less in the case of an accident, they may seem advantageous. However, lower deductibles will usually result in higher monthly payments.

A deductible is an amount you pay out of pocket when making a claim. Deductibles are usually a typical dollar amount, but they can also be a percentage of the total amount of insurance on the policy. For example, if you carry a deductible of $1,000 and you have an auto accident that costs $4,000 to repair your car. You will have to pay $1,000 out of pocket as your deductible, and your insurance will cover the additional $3,000 or up to your coverage limit.

Your insurance company would then likely send you a check for the claim amount minus your deductible. Deductibles are used as a method to share the risk between the policyholder and the insurance company. If you were not required to have a deductible, you could technically have as many accidents as you wanted on the insurance company’s dime. Paying a deductible assures you also have a stake in any claims you make.

Deductibles usually only apply to damage to your property, like in the cases of comprehensive and collision auto insurance. Liability coverage usually doesn’t have a deductible; your insurance company will usually pay out the full cost up to your coverage limits if you have to pay for another party’s medical bills or damaged property.

Does full coverage cover at-fault accidents?

In most cases, full coverage includes liability, comprehensive, and collision coverage. Comprehensive and collision coverage will protect you and your vehicle if you get into an accident. Full coverage provides cover if you are found at fault for an accident; full coverage includes cover. Full coverage insurance offers coverage for most scenarios such as damage to your car from the weather, an at-fault accident, hitting an animal, or vandalism. It even pays out your car’s current value if your vehicle is stolen.

In addition, it covers the medical costs due to injuries or deaths from an accident you caused. Most lenders, agents, and car dealerships describe “full coverage” auto insurance as liability plus comprehensive and collision. Your lender may use the term “full coverage,” but that means they require you to carry comprehensive and collision, plus anything your state mandates.

Progressive full coverage benefits

With full coverage auto insurance, you will have more protection on the road compared to a policy with only the minimum required coverage amounts. If you get into an accident and don’t have the right insurance or sufficient coverage, you may have to pay for property damage or physical injury claims out of pocket. Your policy will include the minimum physical damage and property damage liability coverages required in your state. You can increase this coverage if you like more protection. When you add optional coverages to your policy, you will choose the coverage amounts you want.

Sometimes you have to park your vehicle outside; there is a chance that a strong storm can hit out of nowhere. Or you may have to drive down a dark country road, and a deer jumps into your vehicle. These things are out of your control. So, this is why you significantly need to purchase comprehensive auto insurance. On the other hand, even when you are relaxed and composed behind the wheel, you still can’t control the vehicles around you.

Collisions can happen to even the safest drivers. That’s why every driver should be ready for collision insurance. Collision insurance will help pay the costs of repairing or replacing your vehicle, even if you have gotten into an accident with a driver who does not have insurance.

Insurance policy components

A company with an understanding of the insurance policy components goes a long way. For example, whole life insurance may or may not be the correct type of life insurance for you. Three components of any kind of insurance, including premium, policy limit, and deductibles, are crucial.

Premium

A policy’s premium is its cost, commonly expressed as a monthly cost. The insurer decides the premium based on your or your business’s risk profile, which may include creditworthiness. For instance, suppose you own several expensive automobiles and have a history of careless driving. In that case, you will probably pay more for an auto policy than someone with a single mid-range sedan and a flawless driving record. However, particular insurers may charge different premiums for similar policies. So finding the cost that is right for you demands some legwork.

Policy limit

The policy limit is the maximum payment an insurer will pay under a policy for a covered loss. Maximums may be put per period (e.g., annual or policy term), per loss or harm, or over the policy’s life, also known as the lifetime maximum. Typically, higher limits carry higher premiums. For a general life insurance policy, the maximum amount the insurer will pay is the face value, which is the amount paid to a beneficiary upon the death of the insured.

Deductible

The deductible is a typical amount the policyholder must pay out-of-pocket before the insurer pays a claim. Deductibles serve as barriers to large volumes of small and insignificant claims. Deductibles can apply per-policy or claim depending on the insurer and the type of policy. Policies with high deductibles are typically less expensive because the high out-of-pocket expense generally results in fewer small claims.

Difference between comprehensive and collision

Comprehensive car insurance pays for harm to your vehicle caused by covered events such as theft, hail, or destruction that are not collision-related. In contrast, collision insurance covers damage to your car in the event of a covered accident involving a collision with another vehicle. This may include repairs or a total replacement of your covered auto. If you hit another car or a stationary object like a telephone pole or if you roll over, you will be covered by collision insurance.

Collision insurance provides coverage when your car hits an object like a tree. In another case, if your car collides with another vehicle, the car rolls over, or your car is damaged due to hitting a pothole. On the other hand, comprehensive insurance provides coverage when an object falls on your vehicle, such as a tree or animal colliding with your car. In another case, comprehensive insurance provides coverage if your vehicle is damaged due to a fire or natural disaster or if your car is vandalized or stolen.

Suppose an animal or a non-stationary object such as a falling tree hits your car or is damaged by vandalism, fire, or a natural disaster. In that case, you will be covered by comprehensive insurance. Even if you are super cautious behind the wheel, you cannot always control your car, which is why accidents happen.

Can you cancel progressive insurance at any time?

Suppose you want to cancel progressive insurance at any time. In that case, you can call to speak with a representative and arrange for the cancellation to take effect immediately or at a future date. You can’t cancel progressive insurance online, but you can cancel over the phone anytime. You can offer the name of your new insurance carrier if you pick one. Try to find out if you prepare for a refund of the premiums you paid in advance.

Remember that canceling progressive insurance may lead to paying specific fees, but you may not be required to pay any fees in certain situations. The service website states that there is no cancellation fee, but you may also not receive a full refund. Usually, some factors influence the amount you have to pay to cancel your progressive insurance coverage. These factors include how often you pay the premium, how far you are into the policy term, and the laws in your state. So, before you proceed with cancellation, you must reach out to the customer service and ask about what fees you will have to pay, or you can simply check your progressive policy to find out.

The bottom line

If you have a progressive auto insurance policy, you are also covered for rental cars. This coverage extends to the same limits as your personal auto insurance policy. It’ll be a great idea to find out about full coverage car insurance progressive. In case you want to cancel it, you can do it any time but remember you will have to pay fees for withdrawing it.

Charles Bains

Charles Bains

Charles Bains started his insurance career as a marketing intern before pounding the pavement as a commercial lines agent in Orlando, FL. As an industry journalist, his articles have appeared in a variety of trade publications. His insurance television career, short-lived but glorious, once saw him serve as the expert adviser on an insurance-themed infomercial (yes, you read that correctly). Having recently worked for various organizations, coupled with his broader insurance knowledge, Charles is able to understand our client’s needs and guide them accordingly. He is a gem for Insurance Noon as his wide area of expertise and experience have been beneficial in conducting further researches to come up with solutions and writing them in a manner which is easy for everyone including beginners to comprehend.