What’s Better for Auto Insurance – GEICO or Esurance?

Last Updated on June 27, 2021

GEICO and Esurance are both insurance providers that are well known for their car insurance options. They both offer coverage throughout the United States and receive positive ratings for their financial strength and range of insurance offerings. You may be wondering which insurance company is going to be best for your needs. In this article, we’ll compare GEICO and Esurance so that you can find the most appropriate policy option.

GEICO and Esurance are quite similar in many ways. Both are direct-to-consumer insurance products, so you can purchase your policies from them online instead of having to go through an independent insurance agent. They both offer a wide selection of policy options and have a full menu of discounts that you can apply to your policy to save money. While GEICO and Esurance don’t offer the same discounts, they have many that are similar to each other. Both are respected, financially stable insurance companies that generally have positive ratings among insurers.

What are the advantages of GEICO?

GEICO vs. EsuranceGEICO offers very affordable premiums for excellent, well-rounded service. GEICO is usually slightly cheaper than Esurance, although there are some states where Esurance is cheaper. GEICO has become so popular because they offer very affordable premiums for the quality of insurance that you get. You get far more coverage for your money with GEICO than with other companies. GEICO also offers an excellent range of discounts for their customers, helping you to save even more money while you’re shopping for car insurance.

GEICO’s coverage options go beyond what is traditionally expected of insurance providers. For example, they offer coverage for rideshare drivers, which is something that most insurance companies do not currently do. Getting coverage as a rideshare driver can be tricky, so GEICO fills a massive hole in the market in this respect. They also offer an excellent roadside assistance program. For just a small yearly fee, you’ll get coverage for towing, battery jumping, locksmith services, and many other standard roadside assistance services.

What are the advantages of Esurance?

Esurance stands out from its competitors by offering most of its features online. Today’s customers, particularly those who are younger, don’t want to have to deal with time-consuming phone conversations when they could just get a policy online. Esurance’s website is incredibly easy to navigate, and they have several helpful tools that will guide you towards the best insurance policy for your needs.

Esurance is also known for its good customer service. In several recent studies about insurance companies and their customer service offerings, Esurance was rated above average in terms of customer satisfaction. Because of their streamlined online model, it’s easier to get the answers you are looking for. They have an excellent mobile app for both iPhone and Android, and you can file and track claims through your phone. Esurance offers usage-based car insurance in many states, which allows you to track your driving through a digital device. They charge you based on how much you drive as opposed to giving you a flat rate every month. If you live in a city with excellent public transit, or you like to bike to work, for example, you can really benefit from this type of insurance.

What are the disadvantages of GEICO?

There aren’t too many disadvantages of using GEICO for your car insurance. They go consistently above and beyond for their customers, offering exceptional service at affordable prices. However, one downside to be aware of is that GEICO only offers car and motorcycle insurance. They do not provide any other types of insurance, like home or life insurance. If you were looking to bundle your car insurance with a different kind of insurance to save money, you wouldn’t be able to with GEICO.

GEICO also does not yet offer usage-based insurance for their customers. This type of insurance charges customers by the miles they drive, instead of having a standard monthly premium. This essentially rewards people who drive less with lower premiums and is an excellent option for those who live in big cities and don’t drive often. Customers looking for this type of insurance should check with Esurance instead, who does offer usage-based policies. 

What are the disadvantages of Esurance?

Esurance is slightly more expensive than GEICO in most states, although there are some states where Esurance is cheaper. It’s always worth getting quotes from both insurers (as well as any others you might be interested in) to see which is going to offer the cheapest policies. Insurance quotes are different for everyone, so there’s not one correct answer about which policy provider is going to be the cheapest.

The other disadvantage is that their roadside assistance program isn’t nearly as comprehensive as GEICO’s. Esurance’s roadside assistance only covers $75 of towing and assistance costs, so there’s a decent chance you’ll end up spending more of your money on roadside assistance, in addition to the money you have already spent on your premiums.

Which is better Esurance or GEICO?

It depends on what you are looking for. If you like the idea of having most of your insurance tools available online or need usage-based insurance, Esurance is likely better for you. If you need coverage for rideshare or want excellent roadside assistance, GEICO has an advantage. GEICO is also available in all 50 states, while Esurance is currently only available in 43 states. If you live in a state that has both, it’s worth getting a quote to see which is cheaper. Since they have slightly different discount options, and prices vary from state to state, the answer will be different for everyone.

James Shaffer
James Shaffer James Shaffer is a writer for InsurancePanda.com and a well-seasoned auto insurance industry veteran. He has a deep knowledge of insurance rules and regulations and is passionate about helping drivers save money on auto insurance. He is responsible for researching and writing about anything auto insurance-related. He holds a bachelor's degree from Bentley University and his work has been quoted by NBC News, CNN, and The Washington Post.
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