What’s Better for Auto Insurance – Progressive or Esurance?
Last Updated on May 21, 2020
Progressive and Esurance are two auto insurance companies that offer policies to drivers throughout the United States. They are often compared to each other because of their competitive pricing options and online tools. If you’re shopping for auto insurance, you might find yourself wondering which provider is going to be a better option for you. Here’s what you need to know about Progressive and Esurance to help you make a decision.
In What Ways Are Progressive and Esurance Similar?
Progressive and Esurance are very similar in the types of coverage that they offer for their customers. They both provide bodily injury and property damage liability coverage, comprehensive and collision coverage, personal injury, medical payments, and uninsured or underinsured motorist coverage. With either company, you’ll be able to get the basic coverage that’s legally required by your state, as well as plenty of add-on coverage for more protection. Both companies also offer roadside assistance services to customers who already have comprehensive and collision coverage on their policies.
Progressive and Esurance are also similar in that they both offer very affordable coverage options. There isn’t one company that’s cheaper than the other – the pricing will vary depending on your location and your personal driving history. It’s worth getting quotes from both companies to see which one offers you better value for your money. You may qualify for discounts from one company but not the other, and several other factors could affect the cost of your insurance plan.
In What Ways Does Progressive Stand Out?
Progressive and Esurance are very similar in terms of their customer service reviews. However, Progressive has a slightly lower complaint ratio. Complaint ratios are calculated by comparing the number of complaints a company has received in comparison to the total number of policies they’ve written. Progressive also has slightly higher financial ratings from agencies like AM Best and Standard & Poor. However, keep in mind that the differences between the two companies are minimal. Financial rating is an important consideration when choosing an insurance company because you need to be able to trust that your insurer will pay your damages in the event you make a claim.
Progressive also has some online tools intended to help you get a better rate on your insurance. Their Name Your Price tool allows you to search through all of the coverage and pricing options available to you so that you can find the right balance of affordability and value. While not entirely revolutionary, this tool does ensure that you aren’t missing out on the best policy choice for your needs. They also offer the Progressive Snapshot tool, which rewards good drivers with discounts. This tool tracks your driving habits to give you discounts for practicing safe driving habits. You can either use a device that plugs into your car, or you can use the Snapshot mobile app. The tool logs your driving and even gives you tips to help you drive safer. Most drivers earn a discount with this tool, which makes it very appealing.
In What Ways Does Esurance Stand Out?
Esurance is very popular because it makes car insurance accessible in our modern, tech-obsessed world. Both their app and desktop website have great user interfaces and are very easy to navigate. You can get quotes and file claims in just a few easy steps, which takes the headache out of getting car insurance. After you’ve filed a claim, you can easily track the claim status on the app, and if your car is out for repairs, you can track that too. Even if you’re not a particularly tech-savvy person, you’ll still likely be able to navigate Esurance’s site with ease. They are an offshoot of Allstate, so they offer the very strong financial profile of that company, but in a more accessible model. They are very flexible in terms of their policy offerings, so you can really customize your policy to make sure you get the coverage you need. They also offer flexible payment options to reduce the financial stress of car insurance.
Esurance also offers an incredible selection of discounts. While Progressive also has a wide range of discounts to choose from, Esurance’s options are slightly broader. For example, they offer discounts for having an anti-theft device and other vehicle safety features that Progressive doesn’t offer. Esurance has also started providing pay per mile insurance, although it’s only available in certain states at the moment. This type of insurance is excellent for people who don’t drive often, because you’re only paying for the times when you’re actually using your car.
The Bottom Line
Since Esurance and Progressive are very similar companies, it is hard to say definitively which one is a better option. It depends entirely on factors like the type of car you drive, your driving history, where you live, and more. Progressive and Esurance are neck and neck in terms of pricing, financial stability, customer reviews, discounts, and several other features. The one area where Esurance might have an edge is its mobile services, which are incredibly user-friendly. If this is something that’s very important to you, it may tip things in their favor. Otherwise, the best option is to get a quote from both companies. If you’re still unsure after getting a quote, don’t hesitate to reach out to one of their insurance agents for help.