Amica vs. Progressive
Founded in 1907, Amica Insurance is the oldest mutual auto insurer for automobiles in the United States. It underwrites its own auto insurance products under Amica Mutual Insurance Company. Amica offers all the standard auto insurance coverage types, as well as a selection of optional coverage types. To discuss a quote with Amica, those interested can contact Amica over the phone or by visiting www.amica.com.
Progressive Insurance, founded in 1937, is one of the country’s three largest auto insurance companies. The national carrier has several underwriting companies for auto insurance, depending on where you live and what rating class you fall into. One feature that Progressive stands out for is its Name Your Price Tool, which allows potential customers to set a budget to determine the type of coverage options available within their price range.
Amica | Progressive | |
|---|---|---|
Bankrate score | 4.4 | 4.2 |
Tier 1 | 3.8 | 3.7 |
Tier 2 | 5.0 | 5.0 |
Tier 3 | 4.8 | 4.4 |
Bankrate Scores
Our 2023 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories.
Like our previous Bankrate Scores, each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. This year, our 2023 scoring model provides a more comprehensive view, indicating when companies excel across several key areas and better highlighting where they fall short.
Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, 2023 quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best and the NAIC, were analyzed.
Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored a company’s corporate sustainability efforts.
Tier scores are unweighted to show the company’s true score in each category out of a possible five points.
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Our verdict
When comparing Amica vs. Progressive, Amica has lower average rates, but Progressive may be a more realistic option for drivers with high-risk incidents on their record. Amica has higher scores from J.D. Power for customer and claims satisfaction, but Progressive may be a better option for policyholders who value digital tool capacity. While Amica isn’t available nationwide (no coverage in Hawaii), it’s one of our 2023 Bankrate Award winners for best overall auto insurance company and has a slightly higher Bankrate Score than Progressive.
Amica vs Progressive comparison
Although both carriers offer customizable coverage and a variety of discounts, Amica shines with lower average rates and top customer satisfaction and claims satisfaction scores from J.D. Power in 2022. However, not everyone will qualify for Amica auto insurance, which could be one reason it has a lower market share than Progressive. Both Amica and Progressive have a financial strength rating of A+ (Superior) from AM Best.
Amica pros and cons
Pros | Cons |
|---|---|
Customers may have the potential to earn dividends | Not available in Hawaii |
Progressive pros and cons
Pros | Cons |
|---|---|
Available nationwide | Below-average 2022 customer satisfaction and claims satisfaction scores from J.D. Power |
Is Amica cheaper than Progressive?
When comparing Progressive and Amica car insurance rates, Amica has cheaper average annual rates for both minimum and full coverage. However, both carriers offer an array of potential discounts that may affect rates. Those shopping for auto insurance may want to consider getting quotes from both to see how their personal driving profile factors could affect rates with each carrier.
Car insurance company | Average annual premium for full coverage | Average annual premium for minimum coverage |
|---|---|---|
Amica | $1,467 | $429 |
Progressive | $1,642 | $553 |
Methodology
Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
$100,000 bodily injury liability per person
$300,000 bodily injury liability per accident
$50,000 property damage liability per accident
$100,000 uninsured motorist bodily injury per person
$300,000 uninsured motorist bodily injury per accident
$500 collision deductible
$500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2021 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.
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Comparing rates by credit score
Depending on where you live and the insurance company you choose, your credit score may be used to calculate your policy premium. Some states, like Hawaii, California, Michigan and Massachusetts, do not allow car insurance carriers to consider your credit score when they determine your rate. Credit-based scores have not been made available for Progressive, but the table below shows average auto insurance rates by credit score for Amica compared to the national average. Auto insurance premiums tend to decrease as your credit score increases, but Amica’s average rates beat the national average across all rating categories.
Credit Score | Amica | National average |
|---|---|---|
Poor | $2,216 | $3,479 |
Average | $1,544 | $2,921 |
Good | $1,467 | $2,014 |
Excellent | $1,392 | $1,764 |
Credit score methodology
Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit or limit the use of credit as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan.
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Average rates are fairly similar for young drivers
In most states, your age is one of the most impactful factors that could affect your rate. Young drivers typically pay the highest car insurance rates due to their lack of experience on the road. Hawaii and Massachusetts do not allow the use of age as an auto insurance rating factor, but Massachusetts does allow insurers to consider the years of driving experience you have.
The table below includes average full coverage car insurance rates from Amica and Progressive for young adults on their parents’ policy. Average rates for young drivers are fairly similar from Progressive and Amica, and the cheapest carrier may depend on your specific age, as well as other personal rating factors.
Amica | Progressive | |
|---|---|---|
$3,682 | $3,473 | |
$5,423 | $3,509 | |
$3,122 | $3,163 | |
$2,747 | $2,885 | |
$2,603 | $2,600 |
Amica is generally cheaper for adult drivers
The table below includes average full coverage car insurance rates from Amica and Progressive for adults on their own policy. Amica’s average annual rates are lower than Progressive’s for each adult age category. Younger adults may stand to save the most with Amica, but average rates get closer together for older drivers.
Amica | Progressive | |
|---|---|---|
Age 18 | $5,423 | $7,088 |
$1,718 | $2,070 | |
$1,515 | $1,779 | |
$1,467 | $1,642 | |
$1,434 | $1,460 |
Age and gender methodology
Age: Rates were calculated by evaluating our base profile with the ages 18-60 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.
Gender: The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.
Teens: Rates were determined by adding a 16- or 17-year-old teen to a 40-year-old married parents’ policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy.
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Amica is generally cheaper for high-risk drivers
Drivers without accidents or speeding tickets on their record often see lower average premiums. In the table below, we included average annual full coverage premiums from Amica and Progressive for drivers with a clean record, one speeding ticket conviction, one at-fault accident and one DUI. In all categories except for a DUI, Amica is cheaper than Progressive. Not all carriers will offer auto insurance coverage to drivers with a DUI. If you have a DUI on your record, comparing quotes from both Amica and Progressive may help you determine if you are eligible for coverage with either or both carriers and how their rates compare for your personal driving profile.
Amica | Progressive | |
|---|---|---|
Clean driving record | $1,467 | $1,642 |
$1,788 | $2,140 | |
$1,742 | $2,638 | |
$3,934 | $2,156 |
Driving record methodology
Rates were calculated by evaluating our 2023 base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket and single DUI conviction.
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Amica vs Progressive: discounts
Amica and Progressive both offer a wide variety of car insurance discounts. However, the exact savings available are unique to each provider. Below are some of the discounts you might get through Progressive and Amica.
Amica unique discounts
Loyal customer discount: Amica Insurance customers may get a discount for staying with the company for multiple years and may even save by demonstrating that they remained with a different company for more than two years before switching carriers.
Vehicle safety discount: If your vehicle is equipped with safety features like passive restraints, anti-theft devices or forward collision warnings, you may save money.
Young driver training discount: Young drivers who complete an approved driver training program may get a discount on their Amica auto insurance policy.
Progressive unique discounts
Buy and sign online discount: Drivers who get a quote from Progressive online and sign their policy documents digitally may qualify for a combined discount of up to 15 percent.
Homeowner discount: If you own a home, you may qualify for discounted car insurance from Progressive, even if you insure your home with a different company.
Snapshot program discount: You might save on your premium if you enroll in Progressive’s Snapshot program and demonstrate safe driving habits.
Amica vs Progressive: customer experience comparison
When it comes to choosing an auto insurance carrier, customer experience may be as important as pricing for some drivers. Looking at mobile app ratings, Progressive receives superior ratings from Good Play users, while both carriers are rated similarly by iOS users. Looking at the 2022 J.D. Power U.S. Insurance Digital Experience Study, Progressive received an above-average score, while Amica came in just below the segment average.
Looking at claims satisfaction, Amica earned the top spot in J.D. Power’s Auto Claims Satisfaction Study with 903 points, while Progressive earned just 861, which is below the industry average of 873 points. Amica has a private passenger NAIC Complaint Index below the baseline of 1.00, at 0.66, indicating that the carrier receives fewer complaints than expected for a company of its size. On the other hand, Progressive’s index is pretty much on par with the baseline, at 1.01.
Amica | Progressive | |
|---|---|---|
Apple store | 4.8 of 5 | 4.8 of 5 |
Google play | 3.8 of 5 | 4.6 of 5 |
J.D. Power claims satisfaction | 903 / 1,000 | 861 / 1,000 |
Frequently asked questions
Amica or Progressive: Which company is best for you?
Whether Amica or Progressive is best for you will likely depend on your unique circumstances and needs. When choosing between Amica and Progressive, it may be helpful to decide what factors, such as cost, coverage options or customer service, are most important to you, and then compare them across the two companies. Additionally, you may benefit from requesting quotes from both carriers to see which company may actually offer you the lowest rates based on your individual rating factors.
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How do Amica and Progressive car insurance costs compare?
When comparing average car insurance costs from Progressive and Amica, Amica Insurance offers lower national average costs than Progressive for both minimum and full coverage. However, Progressive’s rates are cheaper on average for some young drivers and drivers with DUI convictions. It’s important to remember, though, that your rates will likely vary from the average based on your rating factors and coverage choices.
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Do Amica and Progressive offer homeowners insurance?
Yes, both Amica and Progressive offer homeowners insurance, though coverage options, rates and availability may vary by state. Although Progressive home insurance is available nationwide through underwriter ASI, Amica does not offer home coverage in Alaska or Hawaii. Our average annual rates for $250K in home dwelling coverage show Progressive at $1,061, while Amica’s rate for the same coverage is $2,996.
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