Why won't Progressive refund their customers if they didn't have any claims during the policy period?
If I didn't use my insurance, why should I still have to pay for it? It would be nice to have that money back.
Answer provided by
Answered on Jun 08, 2021
“The idea behind car insurance (and all other kinds of insurance, for that matter) is that you pay for the right to use it if and when you need it. That’s why Progressive and other carriers won’t issue refunds due to a lack of claim activity.
Though they won’t refund the money you’ve already paid, Progressive may reward you with a claim-free discount, which will reduce your premium for the next policy period and help you save in the long run. “
Did this answer help you?
Ask us a question by email and we will respond within a few days.
Have a different question?
You can meet us at our office and discuss the details of your question.
Browse by topics
What others are asking
If I just got new car insurance two weeks ago, how long should I wait to file a claim?
I'm just wondering if there is a cost benefit to waiting a certain period before using my new policy.
Jun 08, 2021
If I damaged my Nissan Versa running over a curb, should I report it to my insurance company?
The car is still drivable, and I don't want my premium to go up. What should I do?
Jun 08, 2021