Progressive Insurance Rip-Off
#1
06-24-2007, 12:16 PM
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Progressive Insurance Rip-Off
First, the demographics: I'm a 64 year-old, well-educated rider of some 42+ years with an excellent credit rating. I have purchased Progressive Motorcycle Insurance for many of those 42 years....In fact, all but one of those years, about 12 years ago,when I tried DairyLand. I regularly take every motorcycle safety course I can take. I have no violations on my driving record and have never filed a claim of any sort with Progressive.
I recently purchased an 07 FLHT, and yesterday received my premium notice for the next year. My coverage is as follows:
Bodily Injury Liability = $15000 each person, $30,000 each accident
Property Damage Liability = $10,000 each accident
Personal Injury Protection = $15,000 each person, $30,000 each accident
No uninsured/underinsured motorist bodily injury or property damage.
Comprehensive @ $500 deductible.
Collision @ $500 deductible.
Custom parts and/or equipment = $1000 coverage.
Roadside assistance included.
TOTAL 12 MONTH PREMIUM = $805.00
Thinking this amount was really excessive (I don't mind paying fair prices at all, but HATE getting ripped off), I went online to do a search for alternatives. The result?
BikeLine (Markel American Ins. Co.) quote for one year withidentical coverage = $358.00
So long, Progressive! I value loyalty, but not atover twice the price!
I recently purchased an 07 FLHT, and yesterday received my premium notice for the next year. My coverage is as follows:
Bodily Injury Liability = $15000 each person, $30,000 each accident
Property Damage Liability = $10,000 each accident
Personal Injury Protection = $15,000 each person, $30,000 each accident
No uninsured/underinsured motorist bodily injury or property damage.
Comprehensive @ $500 deductible.
Collision @ $500 deductible.
Custom parts and/or equipment = $1000 coverage.
Roadside assistance included.
TOTAL 12 MONTH PREMIUM = $805.00
Thinking this amount was really excessive (I don't mind paying fair prices at all, but HATE getting ripped off), I went online to do a search for alternatives. The result?
BikeLine (Markel American Ins. Co.) quote for one year withidentical coverage = $358.00
So long, Progressive! I value loyalty, but not atover twice the price!
#2
06-24-2007, 12:39 PM
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RE: Progressive Insurance Rip-Off
I just left Progressive for Safeco. I did it because of their politics. They insure illegal immigrants with no license and are a very far left (George Soros type) organization. Being a right winger, I had no choice. To each his own.
And oh yeah. I saved money in the switch also. Not a bad trade.
spiz
And oh yeah. I saved money in the switch also. Not a bad trade.
spiz
#3
06-24-2007, 12:39 PM
RE: Progressive Insurance Rip-Off
ORIGINAL: DelawareDon
First, the demographics: I'm a 64 year-old, well-educated rider of some 42+ years with an excellent credit rating. I have purchased Progressive Motorcycle Insurance for many of those 42 years....In fact, all but one of those years, about 12 years ago,when I tried DairyLand. I regularly take every motorcycle safety course I can take. I have no violations on my driving record and have never filed a claim of any sort with Progressive.
I recently purchased an 07 FLHT, and yesterday received my premium notice for the next year. My coverage is as follows:
Bodily Injury Liability = $15000 each person, $30,000 each accident
Property Damage Liability = $10,000 each accident
Personal Injury Protection = $15,000 each person, $30,000 each accident
No uninsured/underinsured motorist bodily injury or property damage.
Comprehensive @ $500 deductible.
Collision @ $500 deductible.
Custom parts and/or equipment = $1000 coverage.
Roadside assistance included.
TOTAL 12 MONTH PREMIUM = $805.00
Thinking this amount was really excessive (I don't mind paying fair prices at all, but HATE getting ripped off), I went online to do a search for alternatives. The result?
BikeLine (Markel American Ins. Co.) quote for one year withidentical coverage = $358.00
So long, Progressive! I value loyalty, but not atover twice the price!
First, the demographics: I'm a 64 year-old, well-educated rider of some 42+ years with an excellent credit rating. I have purchased Progressive Motorcycle Insurance for many of those 42 years....In fact, all but one of those years, about 12 years ago,when I tried DairyLand. I regularly take every motorcycle safety course I can take. I have no violations on my driving record and have never filed a claim of any sort with Progressive.
I recently purchased an 07 FLHT, and yesterday received my premium notice for the next year. My coverage is as follows:
Bodily Injury Liability = $15000 each person, $30,000 each accident
Property Damage Liability = $10,000 each accident
Personal Injury Protection = $15,000 each person, $30,000 each accident
No uninsured/underinsured motorist bodily injury or property damage.
Comprehensive @ $500 deductible.
Collision @ $500 deductible.
Custom parts and/or equipment = $1000 coverage.
Roadside assistance included.
TOTAL 12 MONTH PREMIUM = $805.00
Thinking this amount was really excessive (I don't mind paying fair prices at all, but HATE getting ripped off), I went online to do a search for alternatives. The result?
BikeLine (Markel American Ins. Co.) quote for one year withidentical coverage = $358.00
So long, Progressive! I value loyalty, but not atover twice the price!
My coverage:
Bodily Injury Liability = $50,000 each person, $100,000 each accident
Property Damage Liability = $25,000 each accident
Uninsured/UnderinsuredMotorist= $50,000 each person, $100,000 each accident
Comprehensive @ $1000 deductible.
Collision @ $1000 deductible.
Custom parts and/or equipment = $3000 coverage.
Roadside assistance included.
12 Months = $319.00
Guess who? Yep, Progressive Casualty Insurance Co.
The only real difference I see is you have personal injury protection and I don't. I'm guessing that's the same as under/uninsured motorist...My deductable is higher as well.
#4
06-24-2007, 12:45 PM
RE: Progressive Insurance Rip-Off
ORIGINAL: spizzyman
I just left Progressive for Safeco. I did it because of their politics. They insure illegal immigrants with no license and are a very far left (George Soros type) organization. Being a right winger, I had no choice. To each his own.
And oh yeah. I saved money in the switch also. Not a bad trade.
spiz
I just left Progressive for Safeco. I did it because of their politics. They insure illegal immigrants with no license and are a very far left (George Soros type) organization. Being a right winger, I had no choice. To each his own.
And oh yeah. I saved money in the switch also. Not a bad trade.
spiz
#5
06-24-2007, 12:49 PM
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Join Date: May 2005
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RE: Progressive Insurance Rip-Off
I pay $400 per year with AARP Foremost with almost all the same coverages as you except I carry a higher 100/300/50 liability and prop. damage and no roadside assistance as I carry the deluxe version with HOG. My custom parts coverage is $2500 I think and their policy includes total replacement for the first 2 years. I also live in the Phoenix, AZ, metro area which has high insurance rates so your $805 per year with Progressive is insane. I wouldn't insure with progressive if they paid me. Their CEO is a far left wing socialistic ACLU loving liberal which was all I needed to know to not even look at their rates.
#7
06-24-2007, 01:03 PM
RE: Progressive Insurance Rip-Off
I didn't know that about Progressive. My policy is up for renewal. They raised my rates a bit as a financial risk based on my credit rating. I don't have a mortgage, car or motorcycle loan because I paid them all off and I pay the 3 credit cards in full each month. One card is a business credit card that the job requires me to hold. I hate wasting money on interest.
BTW, I noted that several guys carry the minimum on property damage. I don't know what the stats are for damage caused by motorcycles in an accident, but I'll bet it's more than the minimum required. I also have a pretty good idea where the rest of the money would come from to cover damages that the policy doesn't pay.
BTW, I noted that several guys carry the minimum on property damage. I don't know what the stats are for damage caused by motorcycles in an accident, but I'll bet it's more than the minimum required. I also have a pretty good idea where the rest of the money would come from to cover damages that the policy doesn't pay.
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#8
06-24-2007, 01:10 PM
RE: Progressive Insurance Rip-Off
ORIGINAL: EasternSP
I didn't know that about Progressive. My policy is up for renewal. They raised my rates a bit as a financial risk based on my credit rating. I don't have a mortgage, car or motorcycle loan because I paid them all off and I pay the 3 credit cards in full each month. One card is a business credit card that the job requires me to hold. I hate wasting money on interest.
BTW, I noted that several guys carry the minimum on property damage. I don't know what the stats are for damage caused by motorcycles in an accident, but I'll bet it's more than the minimum required. I also have a pretty good idea where the rest of the money would come from to cover damages that the policy doesn't pay.
I didn't know that about Progressive. My policy is up for renewal. They raised my rates a bit as a financial risk based on my credit rating. I don't have a mortgage, car or motorcycle loan because I paid them all off and I pay the 3 credit cards in full each month. One card is a business credit card that the job requires me to hold. I hate wasting money on interest.
BTW, I noted that several guys carry the minimum on property damage. I don't know what the stats are for damage caused by motorcycles in an accident, but I'll bet it's more than the minimum required. I also have a pretty good idea where the rest of the money would come from to cover damages that the policy doesn't pay.
#9
06-24-2007, 01:21 PM
#10
06-24-2007, 03:32 PM
Road Warrior
RE: Progressive Insurance Rip-Off
Boy, what a ripoff!
I have State Farm with :
Bodily injury 100,000, 300,000, with 50,000 property damage each accident
Comp deuct--$100
Collision deduct-- $250
Underinsured motor 100,000, 300,000 with property 50,000 each accident
$319 yr for 1987 EG
My son's is $391 yr for 2003 Heritage with same coverage
I have road asst unlimited thru HOG $29 yr
I've been with them for 40+ yrs, good driving record, I guess that helps keep cost down.
I have State Farm with :
Bodily injury 100,000, 300,000, with 50,000 property damage each accident
Comp deuct--$100
Collision deduct-- $250
Underinsured motor 100,000, 300,000 with property 50,000 each accident
$319 yr for 1987 EG
My son's is $391 yr for 2003 Heritage with same coverage
I have road asst unlimited thru HOG $29 yr
I've been with them for 40+ yrs, good driving record, I guess that helps keep cost down.