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

Quick Facts

• Looking at the national averages for car insurance, MMG offers significantly more affordable premiums than Progressive
• MMG offers more affordable rates for drivers who have a speeding ticket on their driving record
• Progressive may help you save more money -- they offer more discounts than MMG Insurance

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

Are you in the market for a new insurance policy? You've probably seen commercials and billboards from companies offering huge savings, but exactly how much money can you save by switching?

You might be considering MMG or Progressive for your next policy, but which company will save you the most?

Looking at the national average rates for both carriers, MMG is quite a bit cheaper than Progressive, with premiums averaging $118 a month compared to $180 with Progressive.

That being said, that doesn't mean MMG will necessarily be less expensive than Progressive for every driver. Insurance companies vary their rates depending on things like how good your credit score is, where you live, how clean your driving record is, how old you are, and a variety of other factors, so prices will change quite a bit from person to person.

So, if you want to find out which of MMG or Progressive is really the best for you, keep reading to see average rates for each company broken down by several different rate factors.

MMG vs. Progressive: Average Car Insurance Rates by State

MMG and Progressive only compete against each other in one states, with Progressive offering more affordable premiums to the average driver in all of them. New Hampshire has the most noticable difference, where Progressive prices are $16 cheaper than car insurance premiums at MMG.

But there's more to auto insurance than just your home state. As we mentioned above, there's a lot of things that go into how insurance carriers determine your rates. Read on to learn more.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive car insurance prices of any group out there on the road. That's because teen drivers are statistically much more likely to cause collisions and other accidents that will result in an insurance claim.

But still, even with seemingly sky-high rates, teen drivers can still find ways to save money. As you can see above, teens who use MMG save almost 45% per month compared to those who use Progressive.

Even so, both companies will offer you dramatically lower premiums by the time drivers turn 25. For example, average prices for MMG policyholders drop around $150 and Progressive's premiums decrease about $300 over that time.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the cheapest insurance prices you'll ever find. After all, they've likely been driving for quite some time, which generally decreases their chances of collisions and other infractions that can raise rates.

But who has the best premiums for retired drivers between MMG and Progressive? MMG gets the edge here, with average rates coming in at around $83 a month compared to Progressive's $131.

Which is the Best Company for Married Drivers?

Single drivers tend to get offered slightly more expensive auto insurance prices than married drivers. This usually boils down to married couples having more than one vehicle on their policy -- something quite a few car insurance carriers will reward with discounts.

For single policyholders, the difference in average rates between these two companies is significant, with MMG premiums coming in at a third less than Progressive's. The advantage for married policyholders with MMG is also obvious, where drivers save nearly $35 a month.

MMG or Progressive: Average Rates by Gender

Men are statistically more likely than women to get into collisions and get tickets, which means they'll normally end up paying more for insurance than women.

On average, men see prices over $15 per month higher with MMG, and about $5 more with Progressive.

Looking at the data for each carrier specifically, MMG comes out on top for both men and women, with average rates 31% less for men and 38% cheaper for women.

MMG 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.

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

The two most common policies that drivers look at fall into two categories -- liability coverage (which provides property damage and bodily injury coverage for other drivers if you cause a collision) and full coverage (which usually refers to having collision and comprehensive coverages alongside what you get with a liability policy).

Looking specifically at state minimum liability limits, MMG has the significant edge, with average monthly prices coming in at $77. If you want a full coverage policy with the same state minimum limits, MMG again has the edge, with policies averaging around $160 a month to Progressive's $250.

Is MMG 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.

It's no secret secret that accidents and speeding tickets lead to higher premiums, but which company -- MMG or Progressive -- has the most affordable rates for drivers with less-than-ideal driving records?

Which Company is Best for Drivers with Speeding Tickets?

Policyholders who use MMG for their auto insurance can generally expect their monthly bill to go up about 19% after getting a speeding ticket. Progressive policyholders can expect a less drastic increase of around 17%.

But MMG is typically the less expensive option for both drivers who have a recent ticket and those with clean records, offering prices that are 40% and 38% cheaper, respectively, compared to Progressive.

Which Company is Best for Drivers After an Accident?

After an accident, drivers who have their insurance through MMG can expect to see about an $32 -- or around 26% -- rise in their auto insurance premiums. Drivers who use Progressive for their car insurance will see a monthly bill about $65 (or 30%) more expensive after reporting an accident to their auto insurance carrier.

At the end of the day, the more affordable rates come from MMG, with average prices coming in at $122 compared to Progressive's $214.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or speeding ticket when it comes to your car insurance bill. MMG drivers usually see a 40% increase in their insurance premiums after a DUI charge, while Progressive will normally raise prices by around 16%.

How does Credit Score Impact MMG and Progressive Rates?

Did you know many car insurance carriers take into account your credit score when determining premiums? Certain states and companies do not allow for credit score to be used as an insurance factor, but it might come into play for lots of drivers.

The reasoning auto insurance carriers use is that policyholders with good credit will be more likely to pay their bills on time; so they'll reward them with cheaper rates, while those with poor credit will usually be forced to pay more.

So, which company offers the lowest premiums for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

Is MMG 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 insurance bill. Typically, those who drive fewer miles will end up with less expensive rates since there's less of a chance of causing a collision and filing an insurance claim.

In this case, neither MMG or Progressive report increasing prices for drivers with higher annual mileage figures. That being said, MMG comes out as the most affordable for drivers at both intervals, whether they put 6,000 or 12,000 miles on their car yearly, with average rates of $118 per month for both.

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

Where your home is can have a big impact on your monthly auto insurance cost. Usually, policyholders who live in heavily-populated urban areas will pay quite a bit more than rural drivers due to the number of vehicles that are on the roads where they live.

MMG boasts the lowest average premiums for drivers in every type of area, no matter if it's urban, suburban, or rural.

For policyholders in urban ZIP codes, MMG Insurance's average prices are about 42% less than Progressive. People who live in suburban areas pay around 27% less with MMG compared to Progressive. Those in rural areas can expect to save about 32% with MMG compared to Progressive.

MMG vs. Progressive Discounts

No matter why you might be in the market for a new car insurance policy, you're always going to want to save as much money as you can, and 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 difficult to nail down the carrier that has the most discounts for your unique driver profile and to find all the discounts you're eligible for.

Luckily, we did the hard work for you and broke down all of the different discounts offered by both MMG and Progressive so that you can see which one offers the most discounts and see which ones you might be able to take advantage of.

Progressive knocks MMG out of the park when it comes to the sheer number of discounts available, offering 27 more discounts than MMG.

Both companies offer quite a few of the same discounts -- like discounts for being a defensive driver, discounts for being a good student, and renewal discounts -- but Progressive also offers discounts for ABS, advance quote, advanced safety feature, and more.

On the other hand, MMG has a few proprietary discounts of their own like ez-pay credit discounts and new business discounts.

Final Thoughts: Is MMG or Progressive Best for You?

So, we've broken down the average premiums for many of the variables car insurance carriers look at, and we've shown you all the discounts each company offers. That's all well and good, but when it comes down to it, which insurance carrier is the right carrier for you and your specific needs?

MMG might be best for you if....

• You will be the only person on the auto insurance policy.
• You're looking for the best rates on liability only coverage.
• You want to save money while purchasing insurance for a teenager.

Progressive might be best for you if...

• You value the experience that comes with a large national auto insurance company.
• You care about discounts (Progressive offers the most).

Hopefully, this guide helps you get a better idea of the difference between MMG and Progressive and that you can now make a more informed decision when it comes to your insurance.

At the end of the day, the best way to make sure you're getting the best deal on your car insurance policy is to compare quotes from several companies, not just MMG and Progressive. Luckily, sites like Compare.com do all the hard work for you. Just enter your ZIP code below and get multiple quotes from some of the best auto insurance carriers in your area, all for free.

MMG vs. Progressive FAQs

Is MMG or Progressive cheaper?

MMG is the more affordable of the two companies when looking at national average prices, with policies averaging $118 a month with MMG and $180 for Progressive. However, that doesn't mean MMG will be the cheapest carrier for everyone, since there are lots of different factors (things like age, driving record, gender, etc.) that play a role in how much you pay.

Who is better, MMG or Progressive?

Unfortunately, the only answer we can give you is "it depends.". No single company is necessarily "better" for everyone -- it all comes down to what your unique car insurance profile looks like.

Why do MMG and Progressive offer me different rates?

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

How do I know if MMG 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 a handful of carriers and finding the one best suited for your individual budget. Luckily, Compare.com makes it easy for you to do just that. Just enter your information once and you'll get quotes from dozens of your local top auto insurance companies for free. With those, you can guarantee you're getting the cheapest rate. And maybe you'll find that the best carrier for you isn't MMG 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.