Progressive and Liberty Mutual are two very similar insurance providers that have been operating in the United States for many decades. Read through this Liberty Mutual Progressive comparison and then enter your zip to get your own free auto insurance comparison from many different auto insurance companies!
Progressive & Liberty Mutual: Leaders in Innovation
Both organizations have been responsible for innovations and pioneering practices that have changed the industry as a whole.
Some examples of these innovations are proactive approaches to prevent loss and embracing changing technologies and trends such as online claims and services.
Both Liberty Mutual and Progressive have excellent customer service records and the highest ratings with groups like Moody’s and A.M. Best.
Services Offered by Liberty Mutual & Progressive
Progressive and Liberty Mutual both offer a host of similar services that center around the property and casualty aspect of insurance protection. Some of the services offered by both organizations include:
- Homeowners Insurance
- Automobile Insurance
- Commercial Automobile Insurance
- Life Insurance
- Online Services
Liberty Mutual History
Liberty Mutual has been in operation longer than Progressive, operating since 1912, and while not as big as Progressive in the automobile insurance arena, Liberty Mutual is the fifth largest property and casualty provider in the nation. Liberty Mutual began as the Massachusetts Employee’s Insurance Association, and since opening its first branch office in 1914 they have grown to become a leading provider in auto, life, home, and business insurance. Liberty Mutual ventured into the finance arena for many years, but in 2001 sold its financial companies and focused all of its resources on property and casualty protection.
Progressive History
Progressive’s history is similar to that of Liberty Mutual’s, beginning with just two founders, and expanding steadily over the years to become an industry giant. Originally known as the Progressive Mutual Insurance Company, by 1987 Progressive had taken in over a billion dollars in premiums and went public in the very same year. In 1992 Progressive was recognized as the largest provider of auto insurance sold through independent agents in the country, and is still one of the largest providers United States. While Progressive has grown into a publicly traded stock, Liberty Mutual has remained a mutual company in the hands of the policy holders.
Progressive or Liberty Mutual?
Both organizations have proved to be pioneers in the insurance industry with innovations going far beyond the online services that both utilize to make claims and services more convenient for customers. Liberty Mutual has long been known for its dedication to preventing loss or damage through workplace and home safety training, driver education, and various forms of training and safety videos.
Progressive has also blazed several new trails in the insurance industry such as being one of the first organizations to allow its customers to pay their premiums in installments, allowing drive-in claims, and offering their Immediate Response Claims Service®.
Should you choose Progressive or Liberty Mutual for your auto insurance needs? Well, no one company is right for every single person so start comparing many different car insurance company quotes by entering your zip now!
