Last Updated: August 2019
Disclaimer: We are not Esurance Insurance Company. This article is specifically designed to deliver you an honest and unbiased Esurance car insurance review and nothing more.
This Esurance car insurance review is approximately a 5-min read.
This Esurance review is going to cover important aspects of Esurance’s car insurance coverage such as their platform, discounts, and if Esurance is ultimately the best car insurance provider, you can choose.
While Esurance may be a great platform for comparing rates and customizing car insurance coverages, they may not necessarily be the best overall car insurance company for everyone due to price, coverage options, or availability.
Additionally, we know you may be in a hurry so have provided easy to navigate links directly below that will take you directly to any specific section of this article that you wish to read further into.
- Our Esurance Car Insurance Review
- Esurance Car Insurance History and Background
- Esurance Insurance Company Financial Strength
- Esurance Insurance Company BBB Ratings and Complaints
- Esurance Insurance Car Insurance Coverages Offered
- Other Car Insurance Coverages Offered by Esurance
- What Makes Esurance Unique?
- Discounts Available with Esurance
- Cost of Esurance Car Insurance
- Who Should Consider Esurance Car Insurance?
- Rideshare Coverage with Esurance?
- Pros of Choosing Esurance Car Insurance Coverage
- Cons of Choosing Esurance Car Insurance Coverage
- Final Thoughts on Esurance Car Insurance
If you didn’t need any information on a specific topic from above, we wanted to ensure we provided you with a quick 1-minute overview of Esurance car insurance.
Esurance is currently a popular and often chosen company for auto and homeowners’ insurance.
This is partially due to the ease of customizing coverages, having full control of your policies or simply due to their innovative tools not only on their website but with their catchy mobile app.
Esurance does not rank in the top 5 for cheapest car insurance companies but does offer other great incentives such as pay-per-mile car insurance coverage and Drive Sense.
Drive Sense can help you reduce your premiums based on your driving behavior.
Overall, Esurance has perhaps the best online platform for purchasing car insurance but based on your specific needs and background; it’s likely Esurance would not be the best car insurance in your area.
That’s what the rest of this review is designed to deliver.
Everything you need to know about Esurance and if they are the correct car insurance company for you.
Here are the details.
Our Esurance Car Insurance Review
Esurance is one of the newest ways to purchase car insurance and one of the newest companies we have reviewed compared to the rest of the companies available in the market today.
Esurance is an American Insurance Company that currently sells several lines of insurance that includes auto insurance, motorcycle coverage as well as renter’s insurance.
The most significant difference you will notice about Esurance is that they currently use a direct to consumer online process and by phone to allow consumers to purchase their coverage.
With the way the world is going and shifting into a total technology-based world, this is a model that’s surely only going to gain more traction and steam moving forward into the future.
Here’s a look at how it all began for Esurance.
Esurance Car Insurance History and Background
Esurance began in 1999, and 12 years later in 2011, Allstate purchased Esurance who currently owns them to this day.
When Esurance was founded by Jean-Bernard Duler, Jeffrey Goodman, Hyuen Bui and David Griffin, the vision and purpose of the company was to become the first insurance company to sell policies directly to the consumers.
It’s a great model in theory, but other companies in the past have attempted the same model.
However, Esurance used this model and ran with the idea in a grand fashion.
Another essential consideration to keep in mind comes down to the overall financial strength of a car insurance company.
Here are the details on that.
Esurance Insurance Company Financial Strength
Allstate currently owns Esurance as we referenced previously.
Clearly, this makes the financial strength of the company in general well above average and currently sitting an A+ rating from A.M. Best.
Additionally, Esurance is recognized by J.D. Power and Associated for having an exceptional or above average car insurance purchasing experience by consumers due to their streamlined and innovative technology and mobile apps.
Esurance Insurance Company BBB Ratings and Complaints
Esurance is not currently accredited by the BBB.
However, they are currently being rated as an A- with the BBB which is nothing to be overly concerned about.
It’s common for consumers to have complaints about process-related items with car insurance such as claim paying turnarounds or automatic billing issues.
Currently, Esurance has closed 280 total complaints in the past 3 years, which is an average number of complaints compared to other major car insurance companies we have reviewed.
Esurance Insurance Car Insurance Coverages Offered
Now it’s time to dive into the actual car insurance coverage that you can purchase with Esurance.
Esurance allows you to purchase the primary forms of car insurance you will find with nearly all auto insurance providers.
Here’s a look at them.
- Uninsured Motorist Coverage
- Medical Payments or Personal Injury
- Comprehensive Coverage
- Collision Coverage
- Bodily Injury Coverage
Other Car Insurance Coverages Offered by Esurance
In addition to those basic coverage discussed above, Esurance does have a few unique coverage options for car insurance as well.
Here’s a look at those coverage options.
Drive Sense– Drive Sense is part of Esurance’s mobile app.
It’s much like Drive Safe and Save with State Farm.
With the mobile app turned on, Esurance can track your driving behaviors, and based on the metrics, can issue a reduced premium for safe driving.
Pay Per Mile- Pay per mile is currently only available in the State of Oregon, but it is undoubtedly a beneficial car insurance coverage to consider.
If you drive less than 10,000 miles per year, you can expect to receive a cheaper yearly premium for your car insurance.
Coverage My Way- Coverage my way is run through the online platform that Esurance currently operate on.
It allows you to customize coverage, price, and other items with your coverage to truly find the most customized coverage for your unique needs.
Emergency Roadside Assistance- This is typical of most major car insurance companies.
With Esurance, you will be provided a flat 75.00 for roadside assistance items such as flat tires, locked out of the vehicle or windshield repairs.
Car Match Rental Coverage- With Esurance, this coverage pays for the full cost of a rental while your car is being repaired.
The maximum coverage allowed currently is $3,000.
Loan and Lease Auto Insurance Coverage- This is a unique coverage with Esurance.
If you lease your vehicle and total it, Esurance is going to pay the difference due at the time of the accident.
Customized Car Parts Coverage- With this additional coverage, Esurance will cover other upgrades or custom car parts that are damaged or stolen up to a maximum of 4,000.00.
What Makes Esurance Unique?
Esurance is unique purely because of their direct to consumer model.
Other car insurance companies offer the same style of purchase and friendly online interface, but Esurance is undoubtedly one of the best in the business at this model.
Discounts Available with Esurance
Currently, Esurance does offer a good number of discounts available to consumers.
Here’s a look at them.
Fast 5 Discount- This discount is applied for anyone who switches to Esurance for car insurance coverage and is good for 5% off your first year’s premiums.
Multi-Policy Discount- This discount varies based on your state of residence but can be applied if you have multiple lines of insurance purchased through Esurance
Paid in Full Discount- Up to 10% off your premiums for paying your full years premiums.
Multi-Vehicle Discount- Discount varies based on the state of residence for any Esurance customer with more than one vehicle insured.
Claim-Free Discount-10-25% discount for having no claims or DUI’s on your driving record for 5 years.
Homeowners Discount- Varies state to state and is provided to anyone who bundles homeowner’s insurance with their car insurance through Esurance
Renters Plus Discount- Varies state to state and is applied if you have a renter’s insurance policy in addition to your auto insurance policy.
Roadside Assistance Discount- Potential 5% discount for anyone with active memberships with other auto-clubs such as AAA Insurance Company.
Online Shopper Discount- This discount varies state to state and is currently only available in Utah, Illinois, and Virginia.
Cost of Esurance Car Insurance
Esurance is not your cheapest car insurance in the market by any means.
However, they certainly are not the highest priced option in the market either.
We decided to compare Esurance against three other major companies.
Here’s how it panned out.
- Geico Insurance Company- Cheapest Option
- Progressive Insurance Company- 2nd Cheapest
- State Farm Insurance Company- 3rd Cheapest
- Esurance- 4th Cheapest Option
- Farmers Insurance Company– 5th Cheapest Option
Comparing car insurance companies against one another can also be difficult.
Too many other variables need to be considered, such as your driving history, vehicle, and even credit rating.
The critical thing to remember is those examples above are for the average consumer, and you are always better off comparing rates for your unique circumstances and needs before making a final decision.
Who Should Consider Esurance Car Insurance?
Anyone who is looking for one of the best online car insurance shopping experiences should consider Esurance.
Esurance is known for its innovative technology, mobile app, and smooth online purchasing process.
If you prefer a face to face interaction with a local agent, Esurance is not for you, but if you enjoy comparing coverages online or doing your independent research, Esurance may be an excellent option for you.
Rideshare Coverage with Esurance?
Currently, Esurance is a bit behind the competition when it comes to rideshare coverage.
If you currently drive for uber and lyft and need car insurance coverage, Esurance is not your best avenue to take.
Currently, only California offers rideshare coverage through Esurance.
Pros of Choosing Esurance Car Insurance Coverage
All car insurance companies have unique pros and cons.
Here’s a look at the top advantages of working with Esurance Car Insurance.
- Top-Notch Online Platform and Mobile App
- Top 10 Car Insurance Company in Pricing
- Wide Range of Discounts and Savings Potential
Cons of Choosing Esurance Car Insurance Coverage
On the flip side, you do have some notable disadvantages to consider before purchasing Esurance.
- Almost Non-Existent Rideshare Coverage
- No Face to Face Agent Potential
- Cheaper Options May Be Available
Final Thoughts on Esurance Car Insurance
At the end of the day, all you can do is compare rates with several car insurance companies before deciding.
Clearly, the hopes are that this Esurance car insurance review shed some light on the benefits and disadvantages of working with them, but until you run your own quotes based on your specific information, you will never know who the best option may be.
Good luck in your search.