American National vs. Progressive: Which Company is the Best Fit for You?

Quick Facts

• Looking at the national averages for auto insurance, American National offers significantly more affordable prices than Progressive
• American National offers less expensive average rates for single people who will be the only person on the insurance policy
• Progressive may help you save more money -- they offer more discounts than American National Insurance Company

American National or Progressive: Which Company has the Cheapest Car Insurance?

Are you considering a new insurance policy? With so many ads from all sorts of companies offering large savings, you're probably wondering exactly how much you might be able to save.

You've maybe even narrowed your search down to American National or Progressive as potential options, but between the two, which carrier has cheaper prices for car insurance?

Looking at the national average rates for both carriers, Progressive has average rates that are around 50% a month more expensive than those from American National.

That being said, that doesn't mean American National will necessarily be more affordable than Progressive for each driver. After all, auto insurance companies can offer drastically different rates to every driver depending on rating factors like your credit score, your driving record, where you call home, or even your age (among other things), so premiums could differ drastically from person to person.

Luckily, we've broken down average rates from both American National and Progressive by a bunch of different rate factors, so read on to find out which company is the best for you.

American National vs. Progressive: Average Car Insurance Rates by State

American National and Progressive compete against each other in five states, with American National offering cheaper premiums to the average driver in all of them. Nebraska has the most noticable difference, where American National rates are $98 less expensive than insurance prices at Progressive.

There are plenty of other factors that go into your auto insurance cost than just your home state. Keep reading to find out more.

Which is the Best Company For Young Drivers?

You might already know that teen drivers typically pay a lot more for car insurance than any group on the road. It's because teen drivers are statistically much more likely to get into an accident that results in an insurance claim, making them much riskier to insure.

Even so, that doesn't mean that teen drivers have to just accept sky-high auto insurance rates. For example, 18-year-old drivers pay an average of over 55% less per month by choosing American National over Progressive.

But with both carriers, you'll see your prices lower significantly by the time drivers turn 25. Progressive offers the steepest decrease, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, American National still has the most affordable premiums at $74 a month.

Which is the Best Company for Retired Drivers?

Once you approach retirement age, you'll generally enjoy the cheapest car insurance prices you'll ever find. You've been on the road for years, and all that experience pays off when it comes to your monthly premiums for insurance.

When looking at American National and Progressive specifically, which carrier is best for retired drivers? American National gets the edge, with rates for drivers 65 and older $65 more affordable than the national average for Progressive.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive auto insurance prices than married couples. That's normally because married policyholders tend to own and insure multiple vehicles, which can often earn you a discount.

For single policyholders, the difference in average rates between these two companies is significant, with American National premiums coming in at about half of Progressive's. The advantage is also clear for married drivers - American National offers the lowest average prices.

American National or Progressive: Average Rates by Gender

Because women are less likely to get into accidents and get tickets, they are less likely to file a claim with insurance. So, insurance carriers will often charge women less than men.

With American National, women usually pay around $1 a month less than men, and about $5 cheaper with Progressive when compared to their male counterparts.

Looking at the data for each company specifically, American National offers the most affordable average rates for both men and women. On average, women save about $91 per month and men save around $95 with American National compared to the average Progressive policyholder.

American National vs. Progressive: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

It's no secret that insurance can be a complicated subject for most people. There are so many different coverages and limits that it can make it pretty confusing to find the right policy for you.

However, most policies end up falling into two different types of coverage -- liability coverage (which provides property damage and bodily injury coverage for other drivers and passengers if you cause a collision) and full coverage (which generally refers to having collision and comprehensive coverages in addition to what you get with a liability policy).

Looking specifically at state minimum limits for liability insurance, American National has the significant edge, with average monthly premiums coming in at $52. If you want a full coverage policy with the same state minimum limits, American National again has the edge, with policies averaging about $123 a month to Progressive's $250.

Is American National or Progressive Better for Drivers with Spotty Records?

It's no secret -- drivers with good records end up getting the best deals on their car insurance. But that's not to say you can't save money if you don't have the best driving record, either.

It's no secret secret that speeding tickets and at-fault collisions lead to higher prices, but which carrier -- American National or Progressive -- has the lowest premiums for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use American National for their auto insurance can typically expect their monthly bill to go up around 20% after getting a speeding ticket. Progressive policyholders can expect a less drastic increase of about 17%.

But American National tends to offer the best prices for both drivers who have clean records and those with a recent ticket -- their rates are around 55% cheaper for drivers with clean records and 53% less expensive for those with a ticket.

Which Company is Best for Drivers After an Accident?

Both companies will raise rates pretty significantly if you get into an at-fault collision with Progressive climbing by around 30%. American National has a less extreme rise, but you can still expect to pay nearly 30% more than you were prior to your first accident.

At the end of the day, American National offers the cheapest premiums for drivers with an at-fault collision on their records, with average rates coming in at $95 compared to Progressive's $214.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge on your record, it's probably going to cost you more than a simple speeding ticket or even an accident. On average, American National will climb your prices about 36% after a DUI, while Progressive's average premiums climb by more than 15%.

How does Credit Score Impact American National and Progressive Rates?

Did you know many car insurance carriers take into account your credit score when determining prices? This isn't true for everyone (Hawaii, for example, has banned the use of credit score as an auto insurance factor) but it does affect a lot of drivers out there.

The reasoning insurance companies use is that policyholders with bad credit will be less likely to pay their bills on time; so normally, they'll be asked to pay more, while those with good credit will be rewarded with more affordable rates.

Looking at American National and Progressive specifically, which company has the best premiums for drivers at different credit levels?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is American National or Progressive Better for Drivers who Work from Home or Have Short Commutes?

The amount of time you spend behind the wheel of your car plays a big role in your monthly rates. That's because the fewer miles you put on your car each year, the less likely you are to be in a collision and file an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Progressive charges. However, there's a small difference in monthly prices for American National, with policyholders who drive 6,000 miles yearly paying around $9 less each month compared to those who drive 12,000 miles annually. Still, for drivers in both categories, American National is the less expensive company.

American National or Progressive: Compare Rates for Urban, Suburban, and Rural Drivers

Where you call home can play a considerable role in how much you pay for auto insurance. Usually, those who live in rural areas will pay less than policyholders in urban areas since there are a lot fewer vehicles on the roads where they live.

American National boasts the cheapest average prices for drivers in all areas, regardless of if they're urban, suburban, or rural.

For drivers in urban ZIP codes, American National Insurance Company's average premiums are about 50% less than Progressive. People who live in suburban areas pay around 53% less with American National compared to Progressive. Those in rural areas can expect to save about 53% with American National compared to Progressive.

American National vs. Progressive Discounts

You want to save as much money as you can, right? The best way to do that is by utilizing as many car insurance discounts as possible.

But with what seems like a million different discounts out there, it can be challenging to find all the ones you can take advantage of or to nail down the company that has the most discounts for your unique driver profile.

Luckily, we did the hard work for you and compared all of the different discounts offered by American National and Progressive so that you can see which one can save you the most money each month.

Progressive blows American National away when it comes to the sheer amount of discounts available, offering 20 more discounts than American National.

Both carriers offer a lot of the same discounts -- like COVID-19 relief discount, distant student discounts, discounts for being a good student, and discounts for insuring multiple cars with the same company -- but Progressive also offers discounts for ABS, advance quote, advanced safety feature, and more.

On the other hand, American National has a few proprietary discounts of their own for things like claim free discounts, driver training discounts, excess vehicle discounts, and more.

Final Thoughts: Is American National or Progressive Best for You?

You've seen the role certain variables have on your insurance and the different discounts companies offer. That's all well and good, but when it comes down to it, is American National or Progressive the best company for you and your specific needs?

American National might be best for you if....

• You have a clean driving record, free of accidents, tickets, or DUIs.
• You want the most robust protection via a "full coverage" policy.
• You're of retirement age and want to take advantage of lower prices.

Progressive might be best for you if...

• You are considering moving to another state -- undefined only offers policies in.
• You want to save extra money with discounts.

Hopefully, this guide has ben a valuable resource as you compare American National and Progressive. We also hope we've given you the information you need to make the best decision about your auto insurance.

At the end of the day, the best way to make sure you're getting the best deal on your insurance policy is to compare quotes from multiple carriers, not just American National and Progressive. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of top car insurance companies in your area, all in just a few minutes.

American National vs. Progressive FAQs

Is American National or Progressive cheaper?

American National is the cheaper of the two carriers when looking at national average rates, with policies averaging $87 per month with American National and $180 for Progressive. That being said, that doesn't mean American National will be the most affordable carrier for every policyholder, since there are a range of different factors (things like age, gender, driving record, etc.) that play a role in how much you pay.

Who is better, American National or Progressive?

Sadly, the real answer is "it depends.". One company is not necessarily "better" for each policyholder -- it all depends on the makeup of your unique auto insurance profile.

Why do American National and Progressive offer me different rates?

Insurance companies use several different variables when calculating the premiums they charge. Factors such as gender, your driving record, where you park your car, age, and sometimes even things like your credit score can all be taken into consideration. Both American National and Progressive calculate prices using different variables, so it's likely they'll offer different rates. The best way to determine which carrier is the lowest for you is by comparing personalized quotes from multiple different carriers.

How do I know if American National or Progressive is right for me?

The only way to find the car insurance company that's right for you is by getting quotes from several companies and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code and you'll get quotes from dozens of your local top insurance carriers for free. With those, you can guarantee you're getting the most affordable premium. And maybe you'll find that the best carrier for you isn't American National or Progressive at all, but another you hadn't even thought of!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.