Auto Insurance Rates May Finally Drop, Smart Shoppers Could Save Big This BFCM
It’s Thanksgiving weekend — the biggest shopping window of the year — and while everyone else is focused on TVs, laptops, and air fryers, a different type of deal may quietly save you hundreds over the next 12 months:
👉 Auto insurance rates may finally stabilize — or even drop — after two years of painful increases.
This shift comes right after Progressive (PGR) shocked the market with exceptional earnings, sending its stock to an all-time high above $155.
But the real story isn’t just about Wall Street… it’s about your premiums, your holiday budget, and how BFCM is one of the best times of the year to re-shop insurance.
Below is everything drivers should know — and how to use this weekend to save more.
Why Auto Insurance Prices May Finally Stabilize After Two Years of Increases
For nearly 24 months, drivers have been hit with:
Higher repair costs
More severe claims
Rising medical costs
Expensive car parts
Record-high premiums
Insurers spent the last two years playing catch-up, raising prices aggressively to make up for losses.
But now?
Analysts believe insurers have finally covered those rising costs, meaning:
Premium hikes may slow
Discounts may return
New-customer promotions could increase
Competition among insurers is heating up again
For everyday drivers: This is the first time in years we’re seeing real signs of relief.
How Progressive’s Breakout Earnings Could Mean Lower Premiums for Drivers
First, a quick explanation: What is Progressive (PGR)?
Progressive — ticker symbol PGR — is one of the largest auto insurance companies in the United States.
If you've ever seen the commercials with Flo, that's Progressive.
They insure:
Cars
Motorcycles
RVs
Boats
Homes (in some states)
They’re one of the companies that set the tone for the entire auto insurance industry. If Progressive does well, it often means the whole industry is recovering.
Progressive’s recent Q3 results were a turning point:
Revenue and underwriting profits surged
Claims ratios improved
The stock hit an all-time high
Analysts project 40% earnings growth next year
Industry-wide growth is expected around 27%
Why their earnings matter to you
Progressive just reported extremely strong financial results.
This means:
They’re making money again
Claims and repair costs are under control
They no longer have to raise prices as aggressively
Investors see the company as stable and healthy
When a major insurer like Progressive is financially strong, it usually leads to:
More discounts returning
Less pressure to increase premiums
Better quotes for new customers
More competition across the insurance market
In simple terms:
👉 When Progressive is healthy, insurance prices across the market tend to improve for everyone — including you.
BFCM Is the Secret Best Time to Compare Auto Insurance Quotes — Here’s Why
Most shoppers don’t know this: Insurance companies increase their advertising and discount budgets during BFCM.
Why? Consumers are already in “deal mode,” and insurers want to win shoppers while they’re actively price-checking.
During Thanksgiving weekend, many companies offer:
Safe-driver discounts
Online-quote bonuses
Multi-policy bundles
Pay-in-full or autopay rebates
Cashback through partners (PayPal, Chase offers, Capital One Shopping)
This weekend isn’t just good for gadgets — it’s a prime window for financial savings too.
How to Save $300–$600 This Weekend by Re-Shopping Your Auto Insurance
Here’s how to maximize savings quickly during BFCM:
1. Compare quotes from at least 4–6 insurers
Rates vary dramatically by ZIP code and driving history.
Auto insurance rates from $29/month
You could save up to $835/year when you compare
Enter Your ZIP and Compare Rates in 2 minutes here
2. Use digital comparison tools
They check 20–40 carriers in minutes — and BFCM often shows better rates.
3. Increase your deductible slightly (if safe for your budget)
A move from $500 → $1,000 can save up to 18% annually.
4. Bundle your car + home/renters coverage
Bundles often save 10–25% instantly.
5. Ask about holiday or seasonal discounts
Some insurers quietly launch:
Loyalty bonuses
Safe-driver rewards
App-based telematics discounts
6. Use a cashback credit card when paying
A surprising number of cards offer:
- 5% holiday cashback on insurance
- $200–$300 welcome bonuses
- 0% APR for holiday budgeting
This stacks savings even higher.
Best Credit Cards to Use for Holiday Bills, Insurance Payments & Cashback Bonuses
If you’re paying an annual premium during BFCM, these cards can help stack rewards:
- Discover It® — 5% holiday cashback categories
- Chase Freedom Unlimited® — strong flat-rate rewards + holiday bonus
- Citi Custom Cash® — $200 bonus for new signups
- Capital One SavorOne® — excellent everyday cashback
- Blue Cash Everyday® — great for families + holiday shopping
Using the right card easily adds another $50–$150 in savings on your insurance bill.
Top Cybersecurity & Identity Protection Deals to Pair With Your Insurance Savings
Insurance savings are great — but financial security matters too.
BFCM often brings huge discounts on:
VPN plans (NordVPN, ExpressVPN, Surfshark)
Identity protection (LifeLock, Aura, IdentityIQ)
Password managers (1Password, Dashlane)
These are high-value tools, and many offer 40–80% off during Thanksgiving weekend. Pairing them with insurance savings is a strong personal finance strategy.
Smart Money Apps to Track Premiums, Budget Holidays, and Avoid Overspending
Here are the best apps to keep your holiday finances stress-free:
Rocket Money — tracks bills + cancels hidden subscriptions
YNAB — best for budgeting holiday shopping
Mint replacement apps — Monarch, Copilot Credit Karma — free credit score tracking + auto insurance suggestions
Truebill — negotiates bills automatically
Using these during BFCM helps control holiday spending while finding savings opportunities.
What Progressive’s Stock Surge Means for Insurance Prices in 2025–2026
Progressive hitting new highs is more than an investor story — it’s a signal of industry health. It suggests:
Insurance profits are stabilizing
Companies may slow aggressive price increases
Competition will pressure premiums lower
Consumers have more leverage when shopping
If the trend continues, 2026 could be the first “normal” pricing year in a long time.
Thanksgiving–Cyber Monday Deals: Hidden Finance Offers Most Shoppers Miss
Beyond insurance, Thanksgiving weekend is loaded with financial deals:
Credit card signup bonuses
Bank account holiday promos
Interest-free buy-now-pay-later offers
High-yield savings rate boosts
Investment app free-stock bonuses
Cashback boosts via PayPal, Rakuten, Honey
These offers often disappear after Cyber Monday.
Expert-Backed Tips to Get the Lowest Premiums During Holiday Deal Season
Avoid filing small claims during the holidays — insurers may use it to increase rates
Update your mileage (many people drive less during winter)
Improve your credit score by paying down one small balance
Consider switching to an insurer offering telematics-based discounts
Re-shop your policy anytime your zip code sees rate drops
Small changes can produce large savings this weekend.
Final Take: This BFCM Might Be the First Time in Years Drivers Can Actually Save
Between Progressive’s breakthrough earnings, stabilizing industry trends, and BFCM deal pressure:
✔ Auto insurance increases are slowing
✔ Discounts and competitive quotes are returning
✔ Thanksgiving weekend is a powerful time to shop policies
✔ Many drivers could save $300–$600
✔ Credit card bonuses multiply savings even more
If you're already looking for deals this weekend, take 3–5 minutes to compare insurance options.
This year, it’s not just about buying — it’s about finally saving on something that matters every month.
Hi, I'm Chelsea Parker, a globetrotter, storyteller, and life enthusiast with a knack for turning everyday experiences into unforgettable lessons. From surviving $20-a-day adventures in Southeast Asia to mastering mindfulness in my daily routine, I share relatable and entertaining tales that inspire you all to explore, grow, and thrive. When i'm not writing, you may find me chasing sunsets, savoring street food, or dreaming up my next big adventure.
