There are changes from Progressive Insurance Company aimed at offering even more competitive rates for motorcycle and RV policies. The Company’s successful pricing strategy that promotes savings and flexibility for personal auto insurance will be used for bicycles, boats and RVs. Naturally, the exact details of how rate quotes for any policy are determined are a closely guarded secret, but Progressive strives to offer competitive pricing to all customers, no matter how they choose to purchase insurance. Recently when asked “Why now for motorcycles and RVs?” the response was “Progressive has always priced our policies based on our costs. In recent years, we have seen diverging loss costs across all channels and our prices will now reflect those cost differences. Our goal is to sell with the more accurately (competitively) priced boat, motorcycle, and RV insurance when, where, and how customers want to shop.”
Progressive encourages consumers to purchase its products the way they want. Progressive insurance quotes online, by phone or in person, either directly from the company or through an authorized Progressive agent, are easy to obtain. The savviest shopper, looking for the best value, will compare quotes from more than one company and through more than one distribution channel. People often think that independent agent fees are automatically higher due to sales commissions, but this is simply not true. Customer service, marketing, and other tasks performed by the agent replace work performed by company employees, and this reduces costs. Progressive takes everything into consideration and prices accordingly, with no penalty for how, when and where a consumer purchases a policy and this keeps rates very competitive. The department’s customer service and claims are the same for everyone.
Progressive is always inventing ways to keep prices low and improve their customer experience. Some of the more familiar ones used for personal auto policies, such as the snapshot, price check tool, and competitor rate display, are “state of the art” and very consumer friendly. Vehicle enthusiasts may want to get a quote right now for their special “baby” insurance and stay tuned for many more positive changes that are sure to come from Progressive. No doubt some changes will come with much fanfare and publicity, and some will not. Please note that Progressive’s authorized agents can be a valuable resource of information and can quote you the lowest possible rate. Independent agents often eagerly offer progressively, but also have the flexibility to quote and place insurance with a variety of companies.