How does a vanishing deductible work?

Your car insurance deductible is the amount you pay when you file a claim before your insurance coverage kicks in. When you select a disappearing deductible option, your insurer will typically reduce your deductible for each policy period that you don’t have an accident or violation. This decrease can either be a percentage or a set dollar amount. Every time you renew your policy without having an accident or a violation, your deductible decreases until you get to $0.

Avoid paying your auto deductible with Progressive’s Deductible Savings Bank coverage*

If you purchase our Deductible Savings Bank Coverage, we'll subtract $50 from your auto policy's comprehensive or collision deductible for each six-month auto policy period ($100 if you have an annual policy) that you go without an accident or violation.

If you insure your RV, boat, or motorcycle with us and purchase Disappearing Deductibles,* we'll subtract 25% from your policy's comprehensive or collision deductible for each annual policy in which you're accident or violation-free.

Is a vanishing deductible worth it?

If you don’t drive regularly and rarely get into accidents or file claims, it may not be worth paying for vanishing deductible coverage. But, if you have a tendency towards auto accidents and consistently file auto insurance claims, a vanishing deductible program can save you money:

If you choose to continue Progressive’s Deductible Savings Bank coverage, the amount resets and you'll keep earning the $50 benefit for each policy period in which you have no accidents or violations.

How much is disappearing or vanishing deductible coverage?

The cost for a disappearing deductible option is generally affordable but depends on your insurer.

Looking for additional ways to save on your auto policy? Check out our numerous driver and loyalty-based discounts.

How to add disappearing deductible coverage

New Progressive customers

Call 1-866-749-7436 or quote auto insurance online and find out if you can add coverage for disappearing deductibles.

Current Progressive customers

Log in to your policy or call us at 1-866-749-7436 and see if our coverage for disappearing deductibles can be added to your policy.

Looking for more information about auto insurance? Our car insurance resource center has you covered.