Category Archives: Progressive

Keynote Recognizes Progressive as Dominate Leader in Car Insurance Websites

Direct news report from http://www.progressive.com/newsroom/2013/February/keynote-2013.aspx.

Progressive official logo black

MAYFIELD VILLAGE, Ohio — February 25, 2013 —Keynote® Competitive Research, the industry analysis group of Keynote Systems, once again recognized Progressive.com as number one among online car insurance websites.

Progressive has sat atop the list for 20 of the last 21 scorecards dating back to 2000, demonstrating consistent excellence in the insurance space. The Keynote Insurance Carrier Scorecard praises the site for offering so many features to the customer in real-time, while providing excellent customer support options that make the insurance shopping experience easy.

“Our goal remains laser-focused — to continually strive to cut through the clutter and make buying and servicing insurance easy, understandable and transparent when you come to Progressive.com,” said Progressive’s Acquisition Leader, Toby Alfred. “Your online experience should mirror our beloved Superstore ads and offer you the best service possible.”

Keynote reviewed websites and interviewed company representatives from well-known insurance companies. Sites were then ranked in order of how well they met industry-specific criteria as well as performed specific functions, such as buying and quoting car insurance.

Areas where Progressive excelled included:

  • Name Your Price: Prospects can enter their insurance budget and view the closest-matching coverage page
  • Mobile buy: Prospects can bind their auto insurance quote via a smartphone app or mobile-optimized interface; we offer coverage needs assessment tools
  • Mobile prefill: Prospects can prefill information into their quote by taking a picture of their driver’s license or insurance ID card
  • Bundled quoting: Prospects can get home and auto quotes within one flow

About Progressive
The Progressive Group of Insurance Companies (collectively, “Progressive Insurance”) makes it easy to understand, buy and use auto insurance. Progressive offers choices so consumers can reach us whenever, wherever and however it’s most convenient for them — online at progressive.com, by phone at 1-800-PROGRESSIVE, on a mobile device or in-person with a local agent.

Progressive offers insurance for personal and commercial autos and trucks, motorcycles, boats, recreational vehicles and homes. It’s the fourth largest auto insurer in the country, the largest seller of motorcycle insurance and a leader in commercial auto insurance. Progressive also offers car insurance online in Australia at http://www.progressiveonline.com.au.

Founded in 1937, Progressive continues its long history of offering shopping tools and services that save customers time and money, like Name Your Price®, the Snapshot Discount®, and a concierge level of claims service.

The Common Shares of The Progressive Corporation, the Mayfield Village, Ohio-based holding company, are publicly traded at NYSE:PGR.

Michigan strengthens Graduated Driver Licensing law

http://www.iihs.org/laws/graduatedLicenseIntro.aspx

State young driver licensing summary:

Michigan


Rating: GOOD
To get a learners license you must:
Have a minimum age of: 14, 9 months1
Before getting a license or restricted license you must:
Have a mandatory holding period of: 6 months
Have a minimum supervised driving time of: 50 hours, 10 of which must be at night
Have a minimum age of: 162
Restrictions during intermediate or restricted license stage:
Nighttime restrictions: 10 pm-5 am
Passenger restrictions:
(family members excepted unless otherwise noted)
no more than 1 passenger younger than 21
Minimum age at which restrictions may be lifted:
Nighttime restrictions: 17
Passenger restrictions: 17

1Permit applicants younger than 18 in Michigan must have completed the first segment of driver education. 

2License applicants younger than 18 must have completed the second segment of driver education. Neither driver education nor an intermediate license is required for license applicants 18 and older.

Progressive competes for more business

Progressive is excited to start marketing a new personal auto product called 8.0.  Some of the highlights include:

More competitive rates at new business

  • Continuous Insurance Discount – The longer a customer’s tenure with us or another carrier, the better the discount. This is in addition to the current Prior Insurance Discount.
  • Education Discount – We won’t charge customers who are without higher levels of education, but those with college degrees, or those currently in college will save.
  •  (We’ll monitor education selections for accuracy.)
  • Good Student Discount – customers with a youthful driver under 23 years of age who maintains a 3.0 grade point or B average in school.
  • Minor Child Discount – Customers who have prior insurance and a driver under the age of 19 will see a discount as soon as their first term with us.
  • Residency Rewards – Customers without proof of prior insurance are now eligible for a lower rate if they have lived at their current residence for a year or more.

Retain more customers over time

  • Preferred Renewal Treatments – Preferred customers with clean driving records don’t have to worry about a rate increase when they get their first minor violation.
  • Free Accident Forgiveness – No surcharge for the first accident for customers who have been with us for at least four years and have been accident free for the past three years.