Memphis

If you are looking for car insurance in Memphis, you might want to compare Progressive and Geico, two of the most popular providers in the area. Progressive and Geico offer different rates and coverages depending on your driving history, vehicle type, and other factors. Here are some of the main differences between Progressive and Geico insurance rates in Memphis.

Progressive has a lower average annual premium than Geico in Memphis, according to The Zebra. Progressive charges $1,440 per year, while Geico charges $1,584 per year. However, this does not mean that Progressive is always cheaper than Geico. Depending on your age, gender, marital status, credit score, and driving record, you might find a better deal with Geico.

For example, if you are a young driver (18-24 years old), Geico has lower rates than Progressive in Memphis. Geico charges $2,232 per year for young drivers, while Progressive charges $2,592 per year. On the other hand, if you are a senior driver (65 years or older), Progressive has lower rates than Geico in Memphis. Progressive charges $1,176 per year for senior drivers, while Geico charges $1,344 per year.

Another factor that affects your insurance rates is your vehicle type. Progressive and Geico have different rates for different types of vehicles in Memphis. For example, if you drive a sedan, Progressive has lower rates than Geico. Progressive charges $1,368 per year for sedans, while Geico charges $1,512 per year. However, if you drive a truck or SUV, Geico has lower rates than Progressive. Geico charges $1,440 per year for trucks or SUVs, while Progressive charges $1,560 per year.

In addition to rates, you should also consider the coverages and discounts that Progressive and Geico offer in Memphis. Progressive and Geico have similar coverages for liability, collision, comprehensive, medical payments, uninsured/underinsured motorist, and personal injury protection. However, they differ in some optional coverages and discounts.

For example, Progressive offers a usage-based program called Snapshot, which monitors your driving habits and adjusts your rates accordingly. If you drive safely and less frequently, you can save up to 30% on your premium with Snapshot. Geico does not offer a usage-based program in Memphis.

On the other hand, Geico offers a discount for federal employees and military members in Memphis. If you belong to one of these groups, you can save up to 15% on your premium with Geico. Progressive does not offer a discount for federal employees or military members in Memphis.

As you can see, Progressive and Geico have different advantages and disadvantages when it comes to car insurance in Memphis. The best way to find out which one is right for you is to compare quotes from both providers based on your specific situation and needs.