New customers who save by combining a home and car save more than 20% on average. Insurers can determine rates based on several factors, such as your age, driving history, location, and the type of car you drive. We charge a higher rate for customers who are more likely to file claims and a cheaper auto insurance rate for customers who are least likely to file claims. One of the main advantages of paying for car insurance with a credit card is the flexibility it provides.
In addition, if your policy includes car rental reimbursement and your car is damaged in a covered accident, Progressive will pay the rent (up to a specified limit and term) while your own car is repaired. If you have good credit and can pay your credit card bill in full every month, paying your car insurance premium with a credit card can be a simple and automatic option with added benefits. Nearly all major insurance providers now allow you to pay your insurance premium by credit card, debit card, electronic check, or electronic fund transfer (EFT), all of which can offer the benefit of automation. Even if you decide to make monthly payments, you can set up automatic payment so that your car insurance premium is automatically charged to your credit card every month.
All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer. During your progressive quote, you won't be able to select car insurance coverages that don't apply to you. However, the vehicle must be regularly parked at your residence overnight for Progressive to insure it in your policy. Some of the products and services referred to on this page and that are available to you through Progressive are provided by other insurers and companies that are not affiliated with Progressive.
In addition, some credit cards offer cash refunds or other rewards, so using a credit card to pay for car insurance may benefit you later, as long as you make your monthly payments on time. Many insurance companies offer a discount on car insurance by paying for the entire policy in advance or through an automatic payment, and using a credit card might allow you to do so. If it's been a few months since you received your quote, the rates in your area may have been revised, which could decrease or increase the price you pay for your car insurance policy. While these car insurance companies can be useful as a comparison, your own rates or coverage needs can make one provider better than another.