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

If you're in the market for a new car insurance policy, you might be wondering how Progressive and Imt compare when it comes to the most affordable prices and biggest discounts. To find out which of these companies is the best fit for you and your wallet, check out our newest guide below.
Newly insured car driving down the road
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Quick Facts

  • Based on national averages for insurance, Imt offers significantly less expensive rates than Progressive
  • Imt offers cheaper average premiums for policyholders who live in suburban areas
  • Progressive may help you save more money -- they offer more discounts than IMT Insurance

Imt or Progressive: Which Company has the Cheapest Car Insurance?

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

You've maybe even narrowed it down to Imt or Progressive as your top options, but between the two, which one will offer you more affordable prices?

Imt Progressive

As you can see, Imt is quite a bit cheaper than Progressive, with rates averaging $109 a month compared to $180 with Progressive when looking at the national average rates for auto insurance.

But that doesn't necessarily mean Imt will be the cheaper option for every single driver. Car insurance carriers use a ton of complex algorithms to determine premiums, so depending on how old you are or how good your credit score is (among several other factors), you could see wildly different prices from the ones above.

Wanting to know if Imt or Progressive is really the right carrier for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

Imt vs. Progressive: Average Car Insurance Rates by State

State Imt Progressive

Imt and Progressive only compete against each other in three states, with Imt offering more affordable premiums to the average driver in all of them. Iowa has the most noticable difference, where Imt prices are $20 less expensive than insurance rates at Progressive.

But there's more to car insurance than just the state you live in. As we mentioned above, there's a lot of things that go into how insurance companies calculate your premiums. Keep reading to find out more.

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Which is the Best Company For Young Drivers?

Imt Progressive
18-year-old drivers$201$451
25-year-old drivers$108$142

Young drivers -- especially teens -- usually pay a lot for auto insurance compared to older drivers. That's generally because teen drivers are statistically much more likely to get into accidents since they have less experience on the roads.

But still, even with seemingly sky-high prices, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of 55% less per month by choosing Imt over Progressive.

However, with both carriers, you'll see your rates decrease significantly by the time you 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, Imt still has the cheapest premiums at $108 monthly.

Which is the Best Company for Retired Drivers?

Imt Progressive
65+-year-old drivers$82$131

Once you approach retirement age, you'll normally enjoy the lowest insurance rates out there. You've been on the road for years, and all that experience pays off when it comes to your monthly premiums for car insurance.

But who has the best prices for retired drivers between Imt and Progressive? Imt gets the edge, with premiums for drivers 65 and older $49 more affordable than the national average for Progressive.

Which is the Best Company for Married Drivers?

Imt Progressive

You may not be aware, but auto insurance prices tend to be less expensive for married policyholders than they are for those who are single. That's typically because married drivers tend to own and insure several vehicles, which can often earn you a discount.

For single drivers, the difference in average rates between these two companies is significant, with Imt prices coming in at around half of Progressive's. For married couples, the advantage is clear again - Imt has the edge when it comes to average premiums.

Imt or Progressive: Average Rates by Gender

Imt Progressive

You may not know, but insurance is usually more expensive for men than for women. This is because men are statistically more likely than women to get into accidents and get speeding tickets, which leads to increased risk for insurers and, therefore, higher rates.

Women normally pay over 10% a month less than men with Imt, and about 3% less with Progressive.

Looking at the data for each company specifically, Imt offers the most affordable average premiums for both men and women. On average, male drivers save about $68 per month and women save around $75 with Imt compared to the average Progressive policyholder.

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Imt vs. Progressive: Compare State Minimum vs. Full Coverage Rates

Imt Progressive
State Minimum*$58$111
Full Coverage**$160$250

*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.

Car insurance can be a complicated subject for most people. Everyone needs auto insurance, but there are so many different limits and terms that it can be hard to find the right policy for you.

That being said, the most common policies that drivers look at fall into two categories -- liability coverage (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which includes collision and comprehensive coverages that protect your own car, in addition to what you get with liability).

Looking specifically at state minimum liability limits, Imt has the significant edge, with average monthly rates coming in at $58. If you want a full coverage policy with the same state minimum limits, Imt again has the edge, with policies averaging about $160 a month to Progressive's $250.

Is Imt or Progressive Better for Drivers with Spotty Records?

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

You'll probably end up paying more with speeding tickets and at-fault collisions on your record, but which of these two carriers offers the cheapest prices to drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Imt Progressive
Clean Record$76$149
1 Speeding Ticket$89$180

Policyholders who use Imt for their car insurance can generally expect their monthly bill to go up around 15% after getting a speeding ticket. Progressive policyholders can expect a bit more drastic of an increase of about 17%.

Even so, Imt has cheaper premiums for drivers in both categories -- their rates are around 49% less expensive for drivers with clean records and 51% more affordable for those with a ticket.

Which Company is Best for Drivers After an Accident?

Imt Progressive
Clean Record$76$149
1 At-Fault Accident$134$214

Imt drivers who get in an accident can expect to see their rates climb by just under 45%, while those who have insurance through Progressive will see around a 30% increase.

At the end of the day, Imt offers the lowest prices for drivers with an at-fault collision on their records, with average rates coming in at $134 compared to Progressive's $214.

Which Company is Best for Drivers with a DUI?

Imt Progressive
Clean Record$76$149
1 DUI$135$177

If you get a DUI charge, you can expect some pretty significant increases in your monthly auto insurance bill -- typically a lot more than a collision or ticket. For example, Imt increases average prices by nearly $60 per month -- that's nearly a 45% increase.

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How does Credit Score Impact Imt and Progressive Rates?

In many cases, your credit score can come into play when companies determine your monthly bill. This isn't true for everyone (Michigan, for example, has banned the use of credit score as an insurance factor) but it might come into play for several policyholders.

Insurance carriers argue that those with good credit scores are more likely to pay their bills on time every month, which lowers the risk involved on their end, while the opposite is true for those with bad credit.

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

Which Company is Best for Drivers with Good Credit?

Imt Progressive
Excellent Credit Score$86$136
Good Credit Score$102$157

Which Company is Best for Drivers with Bad Credit?

Imt Progressive
Fair Credit Score$108$181
Poor Credit Score$140$247

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

Imt Progressive
6,000 Annual Miles$109$180
12,000 Annual Miles$109$180

The amount of time you spend behind the wheel of your car plays a big role in your monthly prices. Generally, those who drive less will end up with cheaper rates since there's less of a chance of causing an accident and filing an insurance claim.

In this case, neither Imt or Progressive report increasing premiums for drivers with higher annual mileage figures. Imt comes out as the most affordable for drivers at both intervals, whether they put 6,000 or 12,000 miles on their vehicle yearly, with average prices of $109 a month for both.

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

We've already mentioned how your home state can play a role in how much you pay for car insurance, but the type of area you live in can have a large impact as well. Typically, if you live in a rural area with fewer cars on the road, you'll pay a little less for auto insurance, while the opposite is true for people in urban areas.

Imt Progressive
Urban Areas$136$207
Suburban Areas$100$179
Rural Areas$90$154

Imt boasts the lowest average premiums for drivers in all areas, regardless of if they're urban, suburban, or rural.

Those in rural areas can expect to save about $64 with Imt compared to Progressive. People who live in suburban areas pay around $79 less with Imt compared to Progressive. For policyholders in urban ZIP codes, IMT Insurance's average prices are about $71 less than Progressive.

Imt vs. Progressive Discounts

You want to save as much money as you can, right? The best way to do that is by taking advantage of as many 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 qualify for 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 Imt and Progressive so that you can easily see which company offers the most discounts and see which ones you might be able to take advantage of.

Imt Progressive
ABS Discount 
Advance Quote Discount 
Advanced Safety Feature Discount 
Agency Transfer Discount 
Anti-Theft Discount 
Commercial Product Discount 
Continuous Insurance Discount 
Covid-19 Relief Discount 
Defensive Driver Discount
Distant Student Discount
Driver Training Discount 
DRL Discount 
E-Signature Discount 
Education Discount 
EFT Discount 
Good Driving Discount 
Good Student Discount
Group Discount
Homeowner Discount 
Loyal Customer Discount 

Progressive blows Imt away when it comes to the sheer amount of discounts available, offering 34 different discounts to Imt's nine.

Both companies offer many of the same discounts -- like distant student discounts, group discounts, and minor child discounts -- but Progressive also offers discounts for ABS, advance quote, advanced safety feature, and more.

On the other hand, Imt has a few proprietary discounts of their own like commercial product discounts and driver training discounts.

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Final Thoughts: Is Imt or Progressive Best for You?

You've seen the role certain variables have on your car insurance and the different discounts carriers offer. That's all well and good, but at the end of the day, is Imt or Progressive the right carrier for you and your specific profile and needs?

Imt might be best for you if....

  • Your driving record includes a DUI charge.
  • You're looking for the best rates on liability only coverage.
  • You have a short commute.

Progressive might be best for you if...

  • You're planning on moving to another state soon -- undefined is only available to residents.
  • You want to save extra money with discounts.

Hopefully, this guide helps you get a better idea of the difference between Imt and Progressive. We also hope we've given you the information you need to make the best decision about your auto insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on car insurance -- comparing quotes from a handful of companies, not just Imt and Progressive. Luckily, does all the hard work for you. Just enter your ZIP code below and get multiple free quotes from some of the best auto insurance carriers in your area, all in just a few minutes.

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Imt vs. Progressive FAQs

Is Imt or Progressive cheaper?

Imt is the more affordable of the two companies when looking at national average premiums, with policies averaging $109 per month with Imt and $180 for Progressive. But that doesn't mean Imt will be the most affordable carrier for each policyholder, since there are a range of different factors that come into play when it comes to your insurance payment.

Who is better, Imt or Progressive?

Sadly, the real answer is "it depends.". No single company is "better" for everyone -- it all depends on the makeup of your unique auto insurance profile.

Why do Imt and Progressive offer me different rates?

Insurance carriers use many different variables when determining the prices they charge. Things such as age, your driving record, where you live, gender, and sometimes even things like your credit score can all be taken into consideration. Both Imt and Progressive calculate rates differently, so it's likely they'll offer different premiums. The best way to determine which carrier is the cheapest for you is by comparing personalized quotes from multiple different companies.

How do I know if Imt 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 carriers and finding the one best suited for your individual budget. Luckily, sites like make it easy for you to do just that. Just enter your area information and you'll get quotes from dozens of your local top insurance companies for free. With those, you can guarantee you're getting the lowest premium. And maybe you'll find that the best carrier for you isn't Imt or Progressive at all, but another you hadn't even thought of!


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.

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