You can make payments, view policy details, report claims, print identification cards or insurance slips, and more. You can always pay online by logging in to your policy or downloading the Progressive app to your smartphone. If you pay online or by phone, your payment will be accepted immediately, any time or day of the week. Automatic payments will be processed on the date you schedule them.
If you send a check by mail, the date on the postmark will be used as the payment date. 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. Finally, it's worth noting that most auto insurance quotes are based on a six-month policy that is paid in full at the beginning of each period. During your progressive quote, you won't be able to select car insurance coverages that don't apply to you.
In addition, a lapse in coverage makes you a high-risk driver and can make car insurance more expensive in the future, so it's important that you pay your car insurance premium before the final cancellation date. For example, people with good credit and a great rewards card can accumulate a lot of additional rewards if they pay for car insurance with their credit card. 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. If you lend your car to someone and that person causes an accident, Progressive may cover some of the damages they are responsible for.
You can change insurers at any time, even if you just renewed your policy with another insurance company. How often you pay your car insurance premiums depends on the company and your preferences, but annual or semi-annual payments are best. In addition, paying bills such as mortgage or car insurance with credit cards can adversely affect your credit rating due to high credit utilization (the part of the total credit limit you use). However, the vehicle must be regularly parked at your residence overnight for Progressive to insure it in your policy.
You can pay for your car insurance policy by credit card, PayPal, online check, personal check, money order, or electronic funds transfer (EFT) from your checking account. That's because most car insurance policies last six or 12 months, and most car insurance companies offer a discount (up to 20%) for paying the premium in full up front. This can be done through the online portal, through the Progressive app, or by contacting an insurance agent by phone.