Progressive Renters Insurance Review 2026

⭐⭐⭐⭐ 4.0/5.0
Average Cost: $15-22/mo
Best for: Bundling with Auto

Progressive is a leading auto insurer that offers renters insurance through its partners. The company is known for its Name Your Price tool and competitive bundling discounts.

🎯 Key Takeaways

  • Pros: Competitive bundling discounts, Name Your Price tool, Wide coverage options
  • Cons: Rates can be higher for some profiles, Mixed claims experience, Limited local agent network
  • Best for: Bundling with Auto
  • Average cost: $15-22/mo for typical coverage
  • Our rating: 4.0/5.0 — Recommended

About Progressive

Founded

1937 (89 years ago)

Market Position

Top 3 auto insurer

AM Best Rating

A+ (Superior)

Our Rating

4.0/5.0

Progressive is a leading auto insurer that offers renters insurance through its partners. The company is known for its Name Your Price tool and competitive bundling discounts.

Pros & Cons

✅ Pros

  • Competitive bundling discounts
  • Name Your Price tool
  • Wide coverage options
  • Available in all states
  • Online quotes and management

❌ Cons

  • Rates can be higher for some profiles
  • Mixed claims experience
  • Limited local agent network
  • Bundling requires Progressive auto policy

Customer Reviews

4.0/5.0
⭐⭐⭐⭐
Our Rating
A+ (Superior)
Financial Strength

📊 Data Sources & Methodology

This review is based on data from ValuePenguin, MoneyGeek, and J.D. Power 2024-2026 reports. Pricing reflects a 30-year-old single renter with $30,000 personal property coverage, $100,000 liability, and $1,000 deductible.

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Sarah M.
Licensed Insurance Agent & CFP | CPCU, CIC, ARM-P, FRM
12+ years in personal insurance lines. Sarah specializes in renters and auto insurance optimization for U.S. tenants.
CPCU CIC ARM-P FRM CFP
Updated: June 2026