Insurance

Progressive Insurance in a few ways — Progressive Direct auto insurance is offered through the company’s main website and by phone. There’s no difference in the coverage you get through Progressive Direct, but there are other differences when compared to buying insurance from an agent or broker. In this article, we at the MarketWatch Guides team will explain what Progressive Direct auto insurance is, including the coverage and discounts you can get. Having reviewed the best car insurance companies on the market, we rank Progressive among our top 10 picks. What Is Progressive Direct Auto Insurance? The Progressive Direct insurance company is the division of Progressive that sells insurance directly to customers. That means if you purchase a policy through Progressive’s website or by calling customer service, you’re using Progressive Direct. The Progressive Corp. offers the same coverage and insurance add-ons whether you get Progressive Direct auto insurance or use an independent agent or broker. Car insurance companies have multiple ways to sell coverage. They can employ captive agents, sell to consumers through a website or call center and sell through independent agents and insurance brokers. Progressive doesn’t have captive agents. It sells directly to consumers and through independent agents and brokers. Differences Between Progressive and Progressive Direct There are two main differences between buying Progressive insurance through an independent agent or broker or directly from the company. The price can be slightly different, and who you interact with to get service differs. The Price You Pay You may find slightly different prices if you compare car insurance rates through an agent and Progressive’s website. That’s because each business model has different costs associated with it. Here’s a breakdown: Both ways of purchasing Progressive insurance account for different costs of doing business. But the differences between an agent or broker and Progressive Direct may be smaller than the differences between Progressive and another insurance company. How You Get Service The other main difference is who you work with to get service. Progressive Direct auto insurance customers can call customer service and claims departments on the phone, use the Progressive mobile app and use email to get help. However, there’s no option to meet an agent in person because Progressive doesn’t employ captive agents. If you want to have someone local look over your policy or help with issues, Progressive Direct may not be the best option for you. Also, you’ll likely work with someone new each time you call. On the other hand, buying Progressive through an independent agent or broker guarantees you’ll have someone in your area who can help you upgrade coverage or resolve issues. You’ll work with the same agent any time you need help with your policy. As a Progressive customer, you can still call the company directly for help with your policy or to file an insurance claim if you choose. Progressive Direct Auto Insurance Cost You can get a quote for Progressive Direct auto insurance by using Progressive’s website or calling customer service. According to our data, full-coverage insurance from Progressive costs about $2,326 per year on average. This is about 13% cheaper than the national average annual rate of $2,681 per year. These rates apply to 35-year-old drivers with good credit and good driving records. Progressive car insurance costs are based on a variety of factors, including: Progressive Direct Auto Insurance Discounts Progressive offers 13 discounts for policyholders: Depending on your situation, you could be eligible for multiple discounts if you get Progressive Direct auto insurance. But if you use an agent or broker, you might not be able to get the online-quote or sign-online discounts. Progressive Direct Auto Insurance Coverage As we mentioned above, you can get the same coverage from Progressive Direct and through an agent or broker. Progressive auto insurance offers a wide range of coverage options, so you can get anything from state-required liability coverage to full coverage with extra perks. Standard options include: Add-ons you can get from Progressive include: Source: Progressive Progressive Direct Auto Insurance Reviews Most Progressive reviews on sites including the Better Business Bureau (BBB) and Trustpilot are about Progressive Direct. If a customer wants to review a specific agency or broker, they can do so on that company’s website. Progressive has an A rating from the BBB, which means it has transparent business practices and resolves all complaints on the BBB. However, the company also has a rating of only 1.1 out of 5 stars from over 1,400 customer reviews. Our team reached out to Progressive for comment on its customer review score but did not receive a response. Progressive in Our Car Insurance Survey In April 2024, our team surveyed 2,000 car insurance customers. About 17% of respondents had Progressive auto insurance. Around 83% of these Progressive policyholders reported being either satisfied or very satisfied with their coverage. Frequently Asked Questions (FAQ) about Progressive Direct Auto Insurance 1. What is Progressive Direct auto insurance? 2. Are there differences between Progressive and Progressive Direct? 3. How does pricing differ between Progressive and Progressive Direct? 4. What customer service options are available with Progressive Direct? 5. What discounts are available with Progressive Direct auto insurance? 6. What coverage options does Progressive Direct offer? Conclusion Progressive Direct auto insurance offers a streamlined approach for customers looking to purchase insurance directly from Progressive without involving independent agents or brokers. While pricing and service methods differ slightly from traditional Progressive policies, both options provide comprehensive coverage and numerous discounts tailored to meet various customer needs.

What Is Life Insurance 2024? Understanding how life insurance works and how to shop for a policy can help you find the best coverage to meet your family’s needs. Life insurance is a contract between an insurance company and a policy owner in which the insurer guarantees to pay a sum of money to one or more named beneficiaries when the insured person dies in exchange for premiums the policyholder pays during their lifetime. The best life insurance companies have good financial strength, a low number of customer complaints, high customer satisfaction, several policy types available, optional riders, and easy application processes. What is the Average Cost of Life Insurance in the UK? The average cost of life insurance in the UK in 2024 is £9.71 for a single life insurance policy and £16.81 for a joint life insurance policy to protect you and your partner. Life insurance premiums start from as little as £3.50 per month from top UK life insurance companies such as Aviva, AIG, and Legal & General. Most UK households will spend around £30 – £40 per month on insurance policies to protect their homes and their families. This can be in the form of one or more life insurance policies, as well as other useful policies like critical illness insurance or income protection insurance. While it is helpful to understand the average cost of life insurance, the actual price will be different for each person depending on their age, health, and how much cover they need. This guide explains how the average cost of life insurance UK 2024 works and answers the top questions that people ask about what they should expect to pay for life cover to protect their loved ones. What is the average cost of life insurance in the UK? Based on our most recent research, the average cost of life insurance in the UK is around £9.71 per month to protect your mortgage or your family. The average cost of joint life insurance is slightly higher (£16.81 per month), but this protects both you and your partner in one policy which can be simpler and easier to manage. When working out these figures, our insurance experts used statistics for the average age at which UK residents will now buy a home and have a family, which is around 34 years old. This is the point at which many people consider buying life insurance for the first time, to provide financial protection and peace of mind for their loved ones. Below, we have the most recent figures for life insurance pricing which has been taken from our live pricing software. This highlights how affordable life insurance can be, with many policies costing less than a Netflix subscription (£10.99) or not much more than the average price of a cup of coffee (around £5). How does the life insurance calculator work? Our calculator can give you an idea of how much life insurance you might need in a matter of minutes. When using our life insurance cost calculator, we ask you: This is how life insurance premiums are calculated. Once we have these details, we’ll show you the total amount of cover you might need, based on the information you’ve provided. You can then opt to get advice from our partners at LifeSearch. Alternatively, if you don’t feel you need advice, we’ll show you quotes from a list of providers that fit your criteria. Remember, our life insurance calculator is just for guidance. You’ll have to choose the type of policy that’s right for your needs, and other factors may also affect your premium. Average cost of £200,000 of life insurance over 25 years Age of applicant Life Insurance cost – non-smoker Life Insurance cost – smoker Life Insurance cost – medical history 20 £4.43 (Aviva) £6.68 (Aviva) £7.75 (iam) 25 £5.65 (Aviva) £9.10 (L&G) £9.89 (iam) 30 £7.37 (Aviva) £12.62 (Guardian) £12.90 (iam) 35 £10.28 (Vitality) £19.63 (Guardian) £17.99 (iam) 40 £15.27 (Zurich) £31.42 (Guardian) £26.72 (iam) 45 £23.70 (L&G) £54.32 (Guardian) £41.47 (iam) 50 £38.17 (AIG) £88.66 (AIG) £66.80 (iam) *Our team of life insurance experts regularly reviews the market and updates these figures with the latest premiums from our live pricing software. How do I calculate the average cost of life insurance? There are various tools and calculators online that can help you to work out how much life insurance you need. This includes our Life Insurance Calculator which our experts have developed using over 25 years of expertise. Tools like this can help you to understand how much protection is right for your family, and how much this might cost each month. You should try to choose a life insurance policy that will be affordable long term, and you can review your policy at any point to check that it still offers the right level of cover for what you need. Life Insurance Calculator Life Insurance Calculator Enter your age: Desired coverage amount ($): Calculate Premium Life Insurance Case Studies Our life insurance experts have selected the examples below to demonstrate how your age, health, and even the insurance company you choose can affect the price of your life insurance premiums. As you can see, you could pay more than the average cost of life insurance based on your own situation, but life insurance prices are often still very reasonable. Details of applicant Mr R. was born in 1991 and is a non-smoker. Health details and information Mr R. was diagnosed with Crohn’s disease in 2003.He had a total colectomy in 2021. Other health details Height: 5’10” / Weight: 11st3 Cover requirements Mr R. wanted £175,000 of decreasing life insurance to protect his mortgage over the next 34 years. Monthly premiums (£s) £17.27 per monthGuaranteed (fixed) premiums Details of applicant Mrs S. was born in 1968 and is a non-smoker. Health details and information Mrs S. has Type 1 diabetes which was diagnosed in 2011 (Hba1c reading of 68mmol). Other health details Height: 5’8” / Weight 16st7 Cover requirements Mrs S. wanted £70,000 of level term life insurance to protect her family over the next 5 years. Monthly premiums (£s) £30.58 per monthGuaranteed (fixed) premiums Details of applicant Mr G. was born in September 1973 … Read more

Seven Corners Travel Insurance offers a range of unique travel insurance plans for U.S. residents, non-U.S. residents and traveling groups. While some of the company’s plans are geared to trips that take place in the United States, others are for international trips or even for frequent travelers who need coverage for multiple travel plans over the course of a year. Standout features of Seven Corners travel insurance plans include relatively high coverage amounts for emergency medical expenses and medical evacuation as well as optional coverage options for rental cars, sports and golf equipment rentals, and ticket registration fees. For example, the Seven Corners Trip Protection Choice plan for individual trips covers groups of up to 10 travelers and comes with up to $500,000 in primary coverage for emergency medical expenses and up to $1 million in primary coverage for emergency medical evacuation and repatriation of remains. This plan also comes with a waiver for preexisting medical conditions if purchased within 20 days of making an initial trip payment. Some Seven Corners plans also let travelers buy cancel for any reason (CFAR) coverage that lets them get reimbursement for eligible prepaid travel expenses if they cannot travel for any reason, as well as interruption for any reason (IFAR) coverage that reimburses prepaid expenses when a trip is interrupted for a reason beyond the traveler’s control. Both CFAR and IFAR coverage offered through Seven Corners will reimburse insured trip costs up to 75%, which is higher than some other travel insurance companies offer. If you’re curious about the coverage Seven Corners has to offer and what the company’s plans might cost, read on for an overview of plans from this provider, travel insurance quotes and recent customer reviews. Seven Corners Travel Insurance Plans Seven Corners Travel Insurance for U.S. residents and groups for domestic and international trips. It also offers travel medical insurance for visitors to the USA who are not citizens. Seven Corners’ Trip Protection Choice plan (above) is its highest-rated plan according to Forbes Advisor’s ratings of the best travel insurance. Seven Corners’ Trip Protection Basic plan: This travel plan offers $100,000 in emergency medical coverage and $250,000 in medical evacuation coverage. It also includes $600 per person in travel delay coverage and the option to upgrade with “cancel for any reason” and “interruption for any reason” coverage. Travel Medical Excluding USA Basic and Choice: Seven Corners offers travel medical insurance for international trips up to 364 days. These plans act like short-term health insurance coverage for you while you are on trips outside the U.S. That means they have deductibles and cover routine care, urgent and emergency care, among other types of treatments. You can choose a maximum benefit amount ranging from $50,000 to $5 million if you are age 64 or younger.  Travelers ages 65 to 79 can choose $50,000 or $100,000; for those over 80 you get and $10,000. Travel Medical Including USA Basic and Plus plans from Seven Corners are for non-U.S. visitors to the States. They provide travel medical expense coverage for those here on trips up to 364 days. The Travel Medical Basic and Travel Medical Plus plans offer maximum coverage of $50,000 to $1 million for travelers up to age 69, $50,000 or $100,000 for those age 70 to 79 and $10,000 for travelers age 80 and older. The Plus plan reimburses 90% of the first $10,000 in covered expenses for out-of-network care, compared to 80% for the Basic plan. Does Seven Corners Have 24/7 Travel Assistance? Seven Corners travel insurance plans come with 24/7 travel assistance. Seven Corners Assist can help with: What’s Not Covered by Seven Corners Travel Insurance? Every travel insurance plan contains exclusions and it’s a good idea to review the fine print so that you’re aware of what your plan doesn’t cover. Here are some examples of exclusions in the RoundTrip Choice plan: How To File a Claim with Seven Corners At Seven Corners, you can file a claim by mail, fax, phone or through the Seven Corners mobile app. Be sure you have the supporting documentation you’ll need for completing the claim. Seven Corners Travel Insurance for Individual Trips Seven Corners offers several travel insurance plans for different types of trips. For example, travelers can opt for single-trip plans that cover trips within the U.S. and abroad, or they can purchase an annual plan that covers eligible trips that take place over the course of a year. The charts below highlight the major benefits included with plans from this provider. TRIP PROTECTION BASIC TRIP PROTECTION CHOICE Trip cancellation Up to 100% of prepaid travel expenses (up to $30,000 per person) Up to 100% of prepaid travel expenses (up to $100,000 per person) Trip interruption Up to 100% of prepaid travel expenses Up to 150% of prepaid travel expenses Trip delay (at least 6 hours) Up to $200 per day per person (maximum of $600) Up to $250 per day per person (maximum of $2,000) Missed tour or cruise connection (at least 3 hours) Up to $250 per day (maximum of $500) Up to $250 per day (maximum of $1,500) Preexisting medical condition exclusion waiver Not included Included (plan must be purchased within 20 days of initial trip deposit) Emergency medical expenses Up to $100,000 (secondary coverage) Up to $500,000 (primary coverage) Emergency dental Up to $750 Up to $750 Medical evacuation and repatriation of remains Up to $250,000 Up to $1 million (primary coverage) Political or security evacuation Not included Up to $20,000 Baggage and personal effects Up to $500 ($250 per item) Up to $2,500 ($250 per item) Passport, visa and other travel documents replacement Not included Up to $200 Credit card charges and interest Up to $50 Up to $50 Baggage delay coverage (at least 6 hours) Up to $100 per day (maximum of $500) Up to $100 per day (maximum of $500) Single supplement Up to 100% of trip cost (maximum of $500) Up to 100% of trip cost (maximum of $500) Change fee Up to $75 Up to $300 Frequent traveler reward Not included Up to $500 Pet kennel … Read more