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

Quick Facts

• Based on national averages for car insurance, Pekin offers significantly less expensive premiums than Progressive
• Pekin offers more affordable rates for policyholders who may not have much of a commute
• Progressive offers more discounts than Pekin Insurance

Pekin vs. Progressive: Which Company has the Cheapest Car Insurance?

So, you're considering switching your auto insurance. With so many ads from all sorts of companies offering large discounts, you're probably wondering exactly how much you might be able to save.

You might have narrowed it down to Pekin or Progressive as your top options, but between the two, which company has cheaper prices for insurance?

As you can see, Pekin is quite a bit cheaper than Progressive, with rates averaging $74 per month compared to $180 with Progressive when looking at the national average rates for car insurance.

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

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

Pekin or Progressive: Average Car Insurance Rates by State

Pekin and Progressive only compete against each other in Indiana, where Pekin offers the cheaper average prices. For Indiana residents, undefined offers car insurance for undefined per month on average. undefined's average premiums come out to be more expensive, at undefined a month.

There's a lot more that goes into your insurance cost than just your home state. Continue reading to learn more about how other factors will affect your rates.

Which is the Best Company For Young Drivers?

Teen drivers will almost always have the most expensive auto insurance rates of any group on the road. It's because young, inexperienced 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 premiums, teen drivers can still find ways to save money. For example, 18-year-old drivers pay an average of nearly $300 less a month by choosing Pekin over Progressive.

However, both carriers will offer you dramatically lower prices by the time you turn 25. Progressive offers the steepest drop, with 25-year-olds paying less than a third of what 18-year-old drivers are charged. That being said, Pekin still has the lowest rates at $62 monthly.

Which is the Best Company for Retired Drivers?

When it comes to car insurance, patience and experience pay off, with drivers around retirement age paying some of the most affordable prices you'll ever see.

So, which carrier offers the best premiums to retired drivers? Pekin gets the edge here, with average rates coming in at about $58 a month compared to Progressive's $131.

Which is the Best Company for Married Drivers?

Did you know that auto insurance premiums are typically more expensive for those who are single than they are for married drivers? That's because policies for married policyholders normally cover multiple cars, which lots of companies will offer you a discount for.

When it comes to relationship status, Pekin is the clear winner for single policyholders, with prices around $133 per month cheaper than Progressive, on average. The advantage for married couples with Pekin is also obvious, where drivers save almost 55% a month.

Pekin vs. Progressive: Average Rates by Gender

Men are statistically more likely than women to cause a collision and get into accidents. That means when it comes to insurance men will generally end up paying a little more.

With Pekin, women usually pay about $1 per month less than men, and around $5 less with Progressive.

Looking at overall affordability, Pekin comes out as the lowest option for both genders, with average premiums 59% less for men and 58% cheaper for women.

Pekin or 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.

Car insurance isn't the easiest topic to understand. Everyone needs insurance, but there are so many different terms and limits that it can be hard to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (which covers the other party's injuries and property damage if you cause an accident) and full coverage (which includes comprehensive and collision coverages that protect your own vehicle, in addition to liability coverage).

If you're looking for state minimum liability limits, Pekin typically offers significantly less expensive prices of $46 compared to Progressive's $111. When it comes to full coverage policies with similar limits, Pekin again has the edge, with policies about $150 a month more affordable than Progressive, on average.

Is Pekin or Progressive Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their auto insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

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

Which Company is Best for Drivers with Speeding Tickets?

Pekin policyholders can expect their premiums to go up an average of $13 per month if they get a ticket, while Progressive normally raises prices around $31 a month, on average.

Even so, Pekin tends to offer the best prices for drivers both with clean records and with a speeding ticket, offering rates that are $95 and $113 cheaper, respectively, compared to Progressive.

Which Company is Best for Drivers After an Accident?

Pekin drivers who get in a collision can expect to see their prices climb by over 25%, while those who have insurance through Progressive will see about a 30% increase.

Overall, the more affordable premiums come from Pekin, with monthly rates averaging $73 compared to Progressive's $214.

Which Company is Best for Drivers with a DUI?

If you get a DUI charge, you can expect some pretty significant increases in your monthly car insurance bill -- usually a lot more than an accident or ticket. Pekin drivers usually see a 48% climb in their auto insurance prices after a DUI charge, while Progressive will generally raise premiums by around 16%.

How does Credit Score Impact Pekin and Progressive Rates?

Did you know that many insurance companies take your credit score into account when calculating rates? Certain states and carriers do not allow for credit score to be used as a rating factor, but it does affect several policyholders out there.

Auto insurance companies argue that those with poor credit scores are less likely to pay their bills on time every month, which increases the risk involved on their end, while the opposite is true for those with good credit.

So, which company offers the cheapest prices for drivers with poor, average, or good credit?

Which Company is Best for Drivers with Good Credit?

Which Company is Best for Drivers with Bad Credit?

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

How much you drive can have a pretty big impact on your monthly insurance payment. Typically, those who drive fewer miles will end up with less expensive premiums since there's less of a chance of getting into a collision and causing 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 significant difference in monthly rates for Pekin, with drivers who put 6,000 miles on their car annually paying about $13 less each month compared to those who drive 12,000 miles yearly. Still, Pekin is the cheaper option for drivers in both categories.

Pekin vs. 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 substantial impact as well. Usually, those who live in urban areas will pay more than policyholders in rural areas due to the number of vehicles that are on the roads in those areas.

When comparing these two carriers side-by-side, Pekin normally comes out as the lowest option for drivers in all areas, regardless of if they're urban, suburban, or rural.

In urban areas, Pekin's average prices are around $85 while Progressive offers rates about $207. Drivers in suburban ZIP codes pay around $68 with Pekin compared to Progressive's $179 monthly. If you live in a rural area, you can expect to pay about $70 per month with Pekin compared to Progressive's $154.

Pekin vs. Progressive Discounts

Regardless of why you might be in the market for a new auto insurance policy, you're always going to want to save as much money as possible. That's where insurance discounts comes into play.

The difficult part is finding all of the discounts you're eligible for, since it can feel sometimes like every carrier has different discounts and each one is advertised differently.

In the section below, we've compared all of the different discounts offered by Pekin and Progressive so that you can see which carrier offers the most discounts and see which ones you might be able to take advantage of.

Progressive knocks Pekin out of the park when it comes to the sheer number of discounts available, offering 34 different discounts to Pekin's 34.

A couple of those are overlapping for things like advance quote discounts, discounts for being a defensive driver, discounts for being a good student, and multi-policy discounts. Progressive also offers ABS discounts, advanced safety feature discounts, agency transfer discounts, and more that Pekin does not.

On the flip side, Pekin has a unique discount of its own -- a hybrid vehicle discounts.

Final Thoughts: Is Pekin or Progressive Best for You?

You've seen the effect certain variables have on your car insurance and the different discounts companies offer. But, at the end of the day, which company is the best one for you, your vehicle, and your wallet?

Pekin might be best for you if....

• You have a DUI charge on your record.
• Your neighborhood is in a city.
• You drive fewer than 6,000 miles every year.

Progressive might be best for you if...

• You are considering moving to another state -- undefined is only available to residents.
• You care about discounts (Progressive offers the most).

We hope this guide has ben a valuable resource as you compare Pekin 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 auto insurance policy is to compare quotes from several carriers, not just Pekin and Progressive. Luckily, Compare.com makes it easy for you to do just that. Just enter your ZIP code below and get free quotes from dozens of the top car insurance companies in your area, all in just a few minutes.

Pekin vs. Progressive FAQs

Is Pekin or Progressive cheaper?

Looking just at the national average premiums, Pekin is the less expensive of the two carriers, offering average rates of $74 per month compared to $180 for Progressive. But Pekin won't necessarily be the most affordable carrier for everyone, since there are a bunch of different factors that are considered when it comes to your insurance bill.

Who is better, Pekin or Progressive?

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

Why do Pekin and Progressive offer me different rates?

Car insurance companies take a look at a lot of different variables when determining the rates they charge drivers. Things like where you park your car, gender, where your home is, age, and sometimes even things like your credit score can all be taken into consideration. Both Pekin and Progressive calculate prices using different formulas, so each one will most likely offer different premiums. The only real way to see which carrier is the cheapest for you is by comparing personalized quotes from multiple different carriers.

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

The only way to find the insurance company that's right for you is by getting quotes from multiple companies and finding the one best suited for your individual budget. Luckily, sites like Compare.com make it easy for you to do just that. Just enter your area information and you'll get free quotes from dozens of the best auto insurance carriers in your area. That way, you can guarantee you're getting the best rate. And who knows, the best carrier for you might not be Pekin or Progressive at all!

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.