Auto Policy

 The numbers you’re referring to — $100,000/$300,000 vs. $50,000/$100,000 — represent liability coverage limits for bodily injury liability in your Progressive auto insurance policy. Here’s what they mean:

Liability Coverage Explained:

This covers injuries to other people if you’re at fault in an accident.

 • The first number is the maximum per person.

 • The second number is the maximum per accident (total for all injured people).

 • There’s also a property damage limit, which isn’t shown in your question but is usually the third number.

Key Differences:

 • $100k/$300k gives more protection, especially in serious accidents with medical costs or lawsuits.

 • $50k/$100k lowers your premium but increases your risk of paying out of pocket if damages exceed your coverage.

If You Want to Lower Premiums:

 • Yes, going from $100k/$300k to $50k/$100k will lower your rate.

 • However, make sure the savings are worth the reduced protection — especially if you drive a lot, have assets, or live in a litigious state like California.

Estimated Premium Difference

In California, the average cost of a six-month liability-only policy is approximately $80 per month . While specific premium differences between coverage levels aren’t publicly detailed by Progressive, industry data suggests that increasing liability limits from 50/100/50 to 100/300/100 can raise annual premiums by several hundred dollars. For example, The Zebra reports that Progressive’s average annual premium for 100/300/100 coverage is around $1,476 .

Considerations Before Lowering Coverage

• Asset Protection: Higher liability limits offer greater protection for your assets in the event of a serious accident.
• Medical Costs: Medical expenses can quickly exceed lower coverage limits, potentially leaving you responsible for out-of-pocket costs.
• State Requirements: Ensure that any adjustments comply with California’s minimum insurance requirements.

Next Steps

To determine the exact premium savings:

1. Use Progressive’s Car Insurance Calculator: This tool can help estimate how different coverage levels affect your premium.
2. Get a Personalized Quote: Visit Progressive’s website or contact them directly to receive a quote tailored to your specific circumstances.