Farmers vs Progressive Insurance 2026
Progressive generally offers lower average premiums (15-25% cheaper) and more digital convenience, while Farmers excels in bundling discounts and personalized local agent support. Progressive is better for tech-savvy budget shoppers, while Farmers appeals to customers seeking comprehensive bundling and traditional service.
Farmers Insurance
Regional insurance carrier with local agent network and strong bundling discounts across auto, home, and specialty products.
Bundlers seeking comprehensive home and auto coverage, customers who prefer local agent relationships, and those who prioritize personalized service over lowest price
Progressive Insurance
Direct insurance provider specializing in competitive pricing, digital-first tools, and fast online claims processing.
Price-sensitive drivers, tech-savvy customers comfortable with digital tools, safe drivers wanting usage-based discounts, and single-line auto insurance buyers
Quick Answer
AI SummaryProgressive generally offers lower average premiums (15-25% cheaper) and more digital convenience, while Farmers excels in bundling discounts and personalized local agent support. Progressive is better for tech-savvy budget shoppers, while Farmers appeals to customers seeking comprehensive bundling and traditional service.
Our Verdict
AI-assistedChoose Progressive if you prioritize competitive pricing, quick digital interactions, and streamlined mobile claims—it's ideal for budget-conscious shoppers who value speed and self-service options. Choose Farmers if you want the deepest bundling discounts, local agent relationships, and comprehensive policy customization across auto, home, and specialty insurance products.
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Choose Farmers Insurance if
Bundlers seeking comprehensive home and auto coverage, customers who prefer local agent relationships, and those who prioritize personalized service over lowest price
Choose Progressive Insurance if
Best pickPrice-sensitive drivers, tech-savvy customers comfortable with digital tools, safe drivers wanting usage-based discounts, and single-line auto insurance buyers
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Key Differences at a Glance
- Average Annual Premium (Auto):✓ Progressive Insurance wins($1,200-$1,350 vs $1,450-$1,650)
- Bundle Discount (Auto + Home):✓ Farmers Insurance wins(Up to 23% vs Up to 16%)
- Digital Quote Time:✓ Progressive Insurance wins(3-5 minutes vs 10-15 minutes)
Key Facts & Figures
13 numeric metrics compared
| Metric | Farmers Insurance | Progressive Insurance | Ratio |
|---|---|---|---|
| Average Annual Auto Insurance Premium(USD) | $1,550 | $1,275 | |
| Customer Satisfaction Score (J.D. Power 2024)(points out of 1000) | 812 | 800 | |
| Mobile App Rating (iOS)(stars) | 4.2 | 4.6 | |
| Available Insurance Discounts(number of discount types) | 45+ | 50+ | |
| Average Claims Processing Time(days) | 5-7 | 3-5 | |
| Maximum Telematics Discount Savings(percent) | 30% | 30% | |
| Company Founded(year) | 1928 | 1996 | |
| Maximum Bundle Discount(%) | 23% | 16% | |
| Digital Quote Completion Time(minutes) | 12 minutes | 4 minutes | |
| Mobile App Rating(stars (out of 5)) | 4.2 stars | 4.5 stars | |
| Available Discount Programs(count) | 30+ discounts | 20+ discounts | |
| Average Claim Processing Time (Mobile)(business days) | 6 days | 4 days | |
| Snapshot Usage-Based Discount Range(%) | Not available | Up to 30% | — |
Sourced from publicly available data ·
Key Differences
7 attributes compared head-to-head
- $1,450-$1,650Average Annual Premium (Auto)$1,200-$1,350(winner)
- Up to 23%(winner)Bundle Discount (Auto + Home)Up to 16%
- 10-15 minutesDigital Quote Time3-5 minutes(winner)
- 4.2/5 starsMobile App Rating (iOS)4.5/5 stars(winner)
- Local agents + phone support(winner)Agent AvailabilityPhone and chat only
- 30+ discounts(winner)Number of Discount Programs20+ discounts
- 5-7 business daysClaim Processing (Mobile)3-5 business days(winner)
- Average Annual Premium (Auto)
Farmers Insurance
$1,450-$1,650
Progressive Insurance
$1,200-$1,350(winner)
- Bundle Discount (Auto + Home)
Farmers Insurance
Up to 23%(winner)
Progressive Insurance
Up to 16%
- Digital Quote Time
Farmers Insurance
10-15 minutes
Progressive Insurance
3-5 minutes(winner)
- Mobile App Rating (iOS)
Farmers Insurance
4.2/5 stars
Progressive Insurance
4.5/5 stars(winner)
- Agent Availability
Farmers Insurance
Local agents + phone support(winner)
Progressive Insurance
Phone and chat only
- Number of Discount Programs
Farmers Insurance
30+ discounts(winner)
Progressive Insurance
20+ discounts
- Claim Processing (Mobile)
Farmers Insurance
5-7 business days
Progressive Insurance
3-5 business days(winner)
Full Comparison
| Attribute | Farmers Insurance | Progressive Insurance |
|---|---|---|
| Homeowners Insurance Ranking | No. 8 | — |
| Bundle Discount Maximum(%) | 10% | — |
| Average Rate Competitiveness | Higher | — |
| Average Annual Auto Insurance Premium(USD) | $1,550 | $1,275(winner) |
| Auto Insurance Rating(/5) | 4.4/5 | — |
| Customer Satisfaction Level | Good | — |
| Financial Strength Rating | Solid | — |
| Agent Recruitment Growth (YoY)(%) | Standard | — |
| Recent Customer Dividend(Billion USD) | Not disclosed | — |
| Customer Satisfaction Score (J.D. Power 2024)(points out of 1000) | 812(winner) | 800 |
| Mobile App Rating (iOS)(stars) | 4.2 | 4.6(winner) |
| Available Insurance Discounts(number of discount types) | 45+ | 50+(winner) |
| Average Claims Processing Time(days) | 5-7 | 3-5(winner) |
| Average Claim Processing Time (Mobile)(business days) | 6 days | 4 days(winner) |
| Local Agent Availability(states) | All 50 states | Limited (primarily online/phone) |
| Maximum Telematics Discount Savings(percent) | 30% | 30% |
| Company Founded(year) | 1928(winner) | 1996 |
| Maximum Bundle Discount(%) | 23%(winner) | 16% |
| Available Discount Programs(count) | 30+ discounts(winner) | 20+ discounts |
| Snapshot Usage-Based Discount Range(%) | Not available | Up to 30% |
| Digital Quote Completion Time(minutes) | 12 minutes | 4 minutes(winner) |
| Mobile App Rating(stars (out of 5)) | 4.2 stars | 4.5 stars(winner) |
| Customer Service Options(availability) | Local agents, phone, online | Phone, chat, online |
Farmers InsuranceProgressive InsurancePros & Cons
10 pros·6 cons across both
Farmers Insurance
Pros
- Up to 23% bundle discount for auto + home insurance (best-in-class bundling)
- 30+ available discounts including low-mileage, safe driver, and homeowner discounts
- Local independent agents provide personalized service and policy customization
- Excellent for multi-line insurance needs with comprehensive underwriting
- Loyalty discounts reward long-term customers with additional savings
Cons
- Premiums are 15-25% higher than Progressive on average
- Slower digital quote process (10-15 minutes vs competitor average of 5 minutes)
- Limited mobile app functionality compared to digital-first competitors
Progressive Insurance
Pros
- Lowest average premiums with 15-25% savings compared to regional competitors
- Snapshot telematics program offers personalized rate discounts (up to 30%) based on safe driving
- Best-in-class mobile app (4.5/5 stars) with photo claims, policy management, and roadside assistance
- Fastest digital quotes (3-5 minutes) and online claims processing (3-5 business days)
- Name Your Price tool lets customers set maximum premium and see available coverage options
Cons
- Lower bundle discounts (up to 16%) make multi-line customers pay more than Farmers
- No local agent option—support is phone and chat only
- Policy complexity can require online navigation for bundled or customized coverage
Frequently Asked Questions
5 questions
Progressive is generally 15-25% cheaper, with average premiums around $1,275/year vs Farmers at $1,550/year. However, Farmers catches up when bundling auto and home (23% discount), making bundles potentially cheaper than Progressive. Your actual rate depends on location, driving record, and coverage needs.
Resources & Learn More
Curated sources to dive deeper
Wikipedia
- W
Farmers Insurance on Wikipedia (opens in new tab)
Regional insurance carrier with local agent network and strong bundling discounts across auto, home, and specialty products.
- W
Progressive Insurance on Wikipedia (opens in new tab)
Direct insurance provider specializing in competitive pricing, digital-first tools, and fast online claims processing.
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