Left USAA and switched to Progressive… rates are steady but what about after renewal?

So, about a year ago USAA almost doubled my insurance. I didn’t realize how long I had been paying more than I should have.

I saw a lot of people talking about these low-cost insurance companies and how their rates go up after renewal, so I thought I’d share my experience.

Progressive offered me 100k coverage for less than half of what I was paying with USAA. My first premium was $741 for 6 months. Next renewal went up to $762. Now my renewal is at $770.

I’m really happy I switched.

My third renewal with Progressive went down by $200. It’s the first decrease in my premiums I’ve seen in 10 years.

This has been my experience with Progressive as well. I filed an auto claim last month and the claims process was smooth. My policy renews this month and my rates actually went down.

AgencyAndrew said:
This has been my experience with Progressive as well. I filed an auto claim last month and the claims process was smooth. My policy renews this month and my rates actually went down.

That claim might be added to your next renewal.

@Alden
Maybe, but I haven’t seen any rate increases from any insurer based on past claims.

I switched from Geico to Progressive. Although Progressive has raised rates every year, they’re still cheaper than Geico and offer higher coverage limits. So for me, it’s a win/win.

I just switched from USAA to Progressive yesterday and I’m saving about $1000 per year in total. My home coverage is pretty much the same, just a slight difference in structure rebuild amount. My auto coverage is actually much better now.

I expect rates to go up over the next few years, but like someone mentioned here earlier, it’s a good idea to shop around every few years. You’re not locked into any provider.

Just did the same. My auto policy with USAA was $240 a month, but the renewal was going to be $370. Instead of renewing, I canceled and went with Progressive for $134.

I had been with USAA for about 20 years.

Looks like we need two new forums: I_Left_USAA and I_Came_Back_To_USAA.

Kimberly said:
Looks like we need two new forums: I_Left_USAA and I_Came_Back_To_USAA.

Stop paying Gronk USAA too.

Opposite for me. I’ve been with Progressive for 4 years. They’ve steadily increased rates and now I’m paying more than with USAA. My policies end in two weeks, and I’ll be switching everything to USAA. I’m already saving $1200 across the policies and expect it to go up when they give me the SafePilot discount on the next renewal.

I replied to a post and shared my experience switching, but it seems people just say ‘wait until after 6 months’. I saved $2600 switching to identical coverage. What’s the alternative? Pay an extra $5200 a year and never switch?

@Micah
Of course, you should switch. My new Progressive rate at 6 months was higher than what USAA quoted me to come back, so I left Progressive.

The ‘wait and see’ comment is because your new rate may not stay the same after 6 months. It might stay competitive or it might not. That’s all people are saying. They’re not telling you not to switch for lower rates.

@Oaklee
Yeah, I had to leave Progressive after 6 months too. Maybe in another 6 months, I’ll switch back.

@Micah
We’re just saying people should keep shopping around and switch back when it makes sense. I’ve switched 4 times in two years, each time saving $100+/month.

I’ve been with Progressive for two years and every time, my premium has gone down. I also have much better coverage than I did with USAA. If you live in Texas, Texas Farm Bureau is good for a couple of years, but they start raising your rates like crazy after that.

My renewal with Progressive went up by about $40, but that’s still much better than the $300 increase USAA wanted for the same coverage.

It really depends on where you live. In places like Florida, USAA can be expensive, but in other places, it’s cheaper.

Remy said:
It really depends on where you live. In places like Florida, USAA can be expensive, but in other places, it’s cheaper.

I’m in California’s Central Valley with USAA for decades.

My homeowners + umbrella (with required minimum coverages for house and cars) + floater is $134/month.

Two cars (one from 2003, the other brand new) cost about $220/month total.

This is after recent renewals with a 32% increase on homeowners and 39% increase on umbrella.

Does anyone here factor in the USAA subscriber savings account at the end of the year? This year, USAA is putting $1K into my Subscriber account, with $500 going into my savings. My Subscriber account is at $10K, which I can only access if I leave USAA.