What’s Better for Auto Insurance – State Farm or Esurance?
Last Updated on June 27, 2021
State Farm and Esurance are both popular auto insurance providers in the United States. They provide policies for clients nationwide, and both have strong financial ratings. If you’re searching for an auto insurance provider, you might be wondering which company to go with. Here’s what to keep in mind when comparing these companies.
Which Company Is More Affordable?
If you’re on a budget, your first question is probably going to be about pricing. Esurance is known for its affordable pricing, and in many cases will be cheaper than State Farm. However, this isn’t always the case. Insurance pricing varies dramatically from person to person and depending on your driving history, and where you live, State Farm might be significantly cheaper for you. You should also make sure you’re thinking about the value of the policy, not just the price. If one company is slightly more expensive but offers significantly better coverage, that company is probably going to be a better buy in the long run.
Which Company Is More Reliable?
Both companies are known for their strong customer service ratings, and both have strong financial ratings as well. Esurance is underwritten by Allstate, which is one of the largest insurers in the United States. They score better than State Farm on financial strength, but State Farm scores slightly better when it comes to financial stability. Both companies score well and are considered financially trustworthy. In terms of customer satisfaction, Esurance has a lower complaint ratio than State Farm. This means they receive fewer complaints in proportion to the number of policies they write each year.
What Benefits Does State Farm Offer?
One of the ways that State Farm really stands out from its competition is with its range of policy offerings. In addition to the traditional liability, comprehensive, and collision insurance that you would expect from any insurance company, they also offer insurance for non-traditional vehicles, like RVs, motorcycles, and classic cars. State Farm also provides several other types of insurance, like home and life insurance, that you can bundle with your car insurance to save money.
State Farm is also known for its roadside assistance program. It’s very affordable to add roadside assistance to your State Farm policy – usually just a few extra dollars a month. With that add-on, you’ll get access to towing and repair services, locksmith services, gas and oil delivery, and any other emergency services you might need while you’re out on the road. No matter where you drive, this is a great add-on, but if you’re driving long distances in rural areas, it’s particularly important.
Another potential benefit of using State Farm is that they have local offices throughout the country. Many people prefer to talk to an insurance agent in person, particularly when shopping for a new policy. It’s also helpful to be able to go back to the same agents that know you every time you have a claim to file. If you tend to prefer talking to agents in person instead of over the phone, then State Farm may be the better option for your needs.
What Benefits Does Esurance Offer?
One of the things that really sets Esurance apart from its competitors is its user-friendly mobile app and website. It is incredibly easy to shop for policies and apply discounts online without having to call and talk to an agent. Esurance also lets you file claims through the mobile app and track the status of your claims. There are many different ways to reach their customer service team, and they have fast response times. If you prefer to get things done with the convenience of your cell phone or computer, you will likely enjoy the simplicity of Esurance.
Esurance also has some of the best premiums on the market, with a vast range of discounts that you can apply to your policy. They also offer flexible payment plans, which makes them even more convenient for people who are on a budget. They allow you to really build your own policy that suits your needs, so you aren’t paying for additional coverage that you don’t need or won’t use. Esurance is even starting to offer pay-per-mile insurance coverage, although it is currently limited to residents of specific states. This means that the amount of insurance you pay is directly related to the amount that you drive. You can also bundle your policies on Esurance to save money – they also offer home, motorcycle, renters, and life insurance.
Which Company Is Right for Me?
Both Esurance and State Farm have their own unique pros and cons. The best company for you is going to depend on what your priorities are. For example, if you drive a classic car or another specialty vehicle, State Farm is likely to be the better option for you, because they offer these types of specialty policies. State Farm is also a great option if you don’t want to rely on an app for claims and want to meet with an agent in person.
However, Esurance is an excellent choice for those who like to manage their policies online through an app. They’re also known for their quick and efficient customer service, which is very important to many people. Get a quote from both companies so you can compare their value and make a decision about what’s best for you.