I bought a life insurance policy a couple of years ago. I went online to a few different websites to try to find the best value and eventually settled on Progressive, as it was the cheapest from those I'd researched and I recognized the brand name.
From the time I initiated the process of buying the insurance from
Progressive to the time I printed out my temporary insurance info it was
probably less than an hour, which I found quite appealing. Also
appealing was the fact that I did not have to speak to anyone. This
allowed me to go through the process at my own pace and without having
to endure any sales tactics.
I was able to make my decision based purely
on my own criteria and not any criteria imposed upon me.
I chose to pay in an annual lump sum, which was approximately $3000. When
the next year's payment became due, I noticed I had received a discount
as I had become part of a new tier of customer.
I think it was called a
Gold Membership status or something similar. The discount appealed to
me and, although I had to cancel the insurance before the next year's
payment became due, as I got a much cheaper life insurance policy through work, I will most likely purchase insurance from
Progressive again if I ever feel I need more coverage.Got to do some legwork first though: The Insurance Gazette.
One thing I would be happy to see would be a discount if I already have
insurance through Progressive on a car or something like that.
I presently have
insurance through them on my car, so knowing that I would receive a
discount on a motorcycle or life I purchase in the future would give me further
incentive to buy insurance through Progressive, although as I previously
mentioned, I will probably go ahead and buy through them again as my
previous experience with them went so well.