Which insurance company is right for you? Compare savings, premiums, and quotes from Esurance and Erie.
Founded in 1999 and purchased by Allstate in 2011, Esurance has the spirit of a startup but the backing of Allstate as a multiline insurance company with an A+ financial rating. Using state-of-the-art technology, Esuranceoffers online and mobile services that enable a more efficient payment and claims process. Esurance sells the vehicle and property insurance around the county, and they are still growing. In 1999, Jean-Bernard Duler, Jeffrey L. Goodman, Huyen Bui, David Griffin, and Charles Wallace found Esurance as one of the first insurance companies to sell policies directly to consumers online, without the need for in-person meetings or telephone calls.
Erie Insurance Exchange was founded in 1925 by H.O. Hirt and O.G. Crawford, in the city of Erie, Pennsylvania. H.O. Hirt hoped to create a company based on superior service using the mantra, “The ERIE is Above all insERvIcE,” with the letters "E-R-I-E" raised in capitals out of the word“service.” It still remains the company tagline today. Three years after being established, the company was doing so well that it expanded its business by opening its first office outside Erie, in Pittsburgh. By 1934, the company created the “Super Standard Auto Policy,” which was used as a model for other insurance companies across the country. The company later expanded its product portfolio into a home, business and in the year 1967, Erie Family Life Insurance Company was formed, offering life insurance to consumers. Erie Indemnity Company was registered with the Securities andExchange Commission in 1994 and in the following year it was listed on NASDAQ. Today, Erie Insurance Company ranks number 381 on the 2019 FORTUNE500® list and has over 5,000 employees and 12,000 independent agents. Also, the company ranks highest among auto insurers in providing a satisfying purchase experience, with a score of 917 (on a 1,000-point scale).
Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit Esurance Overview and Erie Overview.
Below is a list of the average rates that drivers typically pay with Esurance and Erie. On average, Esurance charges approximately $185.64 per month while Erie comes in at around $129.60 per month. For Esurance, the cheapest state average is California at $125.44 per month and the most expensive is New York at $330.74 per month. For Erie, the cheapest state average is Ohio at $72.99 per month and the most expensive is Maryland at $144.56 per month.
Average Rate
Average Rate
Average Rate
State | Esurance | Erie |
---|---|---|
Arizona | $154.25 | - |
California | $125.44 | - |
Illinois | $136.45 | - |
Maryland | $324.57 | $144.56 |
Michigan | $298.54 | - |
New Jersey | $242.45 | - |
New York | $330.74 | $137.99 |
North Carolina | - | $79.91 |
Ohio | - | $72.99 |
Pennsylvania | $199.36 | $101.32 |
Tennessee | - | $120.24 |
Texas | $182.24 | - |
Virginia | - | $96.75 |
Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Esurance and Erie typically charge for drivers who have more than 1 vehicle.
Number of Vehicles | Esurance | Erie |
---|---|---|
1 Vehicle | $183.64 | $129.49 |
2 Vehicles | $239.66 | $135.13 |
Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Esurance charges $178.21 per month and Erie charges $120.66 per month for customers who own their home.
Own/Rent | Esurance | Erie |
---|---|---|
Own | $178.21 | $120.66 |
Rent | $186.39 | $130.36 |
Which car insurance company is better? We've made it easy to compare companies side by side. See how Esurance and Erie ranked among the industry ratings.
Comparison | Esurance | Erie |
---|---|---|
Year Founded | 1999 | 1925 |
Market Share | 1.29% | |
BBB Rating | A- | |
Financial Strength | Above Average | Excellent |
NAIC Complaint Ratio | 1.14 | 0.22 |
S&P Rating | AA- |
What coverage is available through Esurance and Erie? Both insurance companies offer Auto, Commercial, Condo, Health, Home, Life, Motorcycle, Renters, and RV insurance. Additional products from Esurance insurance also includes Pet and Umbrella insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Esurance and Erie Insurance page.
Insurance | Esurance | Erie |
---|---|---|
Auto Insurance | ✔ | ✔ |
Commercial Insurance | ✔ | ✔ |
Condo Insurance | ✔ | ✔ |
Health Insurance | ✔ | ✔ |
Home Insurance | ✔ | ✔ |
Life Insurance | ✔ | ✔ |
Motorcycle Insurance | ✔ | ✔ |
Pet Insurance | ✔ | |
Renters Insurance | ✔ | ✔ |
RV Insurance | ✔ | ✔ |
Umbrella Insurance | ✔ |
Erie offers a wide range of discounts to its policyholders, including Age 55, Driver Training, and Multi-Policy discounts. Whereas, Esurance also offers a few discounts that Erie doesn’t, including Switch & Save®, Safety Device, and Renters Plus® discounts. Start taking advantage of discounts offered by insurance providers like Erie and Esurance insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.
Esurance | Erie |
---|---|
Anti-lock Brakes Discount | Advance Quote Discount |
Anti-theft Discount | Age 55 Discount |
Claim-free Discount | Driver Training Discount |
Defensive Driver Discount | Multi-Policy Discount |
Emergency Road Assistance Discount | Multi-Vehicle Discount |
Fast 5 Discount® | New Vehicle Discount |
Good Driver Discount | Paid in Full Discount |
Good Student Discount | Prior Bodily Injury Limits (BIL) Discount |
Homeowners Discount | Reduced Usage Discount |
Multi-car Discount | Safe Driver Discount |
Multi-policy Discount | Safety Features Discount |
Online Shopper® Discount | Student Discount |
Paid-in-full Discount | Teen Driver Discount |
Renters Plus® Discount | Young Driver Loyalty Discount |
Safety Device Discount | |
Switch & Save® Discount |
The Esurance mobile app is available for iOS and Android.
The Erie Insurance mobile app is available for iOS and Android.
Esurance Mobile App | ||
---|---|---|
iOS | 4.8 | 1,194 user reviews |
Android | 4.7 | 8,655 user reviews |
Erie Mobile App | ||
---|---|---|
iOS | 3.3 | 18 user reviews |
Android | 3.8 | 19 user reviews |
Esurance Contact Info | |
---|---|
Address | 650 Davis Street, San Francisco, CA 94111 |
Phone | 1-800--378-7262 |
Website | https://www.esurance.com/ |
https://www.facebook.com/Esurance/ | |
https://twitter.com/esurance | |
Youtube | https://www.youtube.com/channel/UCpp4vbWpy_aTBhmhigENpHw |
https://www.linkedin.com/company/esurance/ |
Erie Contact Info | |
---|---|
Address | 100 Erie Insurance Place, PA 16530 |
Phone | 1-800-458-0811 |
Website | https://www.erieinsurance.com/ |
https://www.facebook.com/erieinsurance/ | |
https://twitter.com/erie_insurance | |
Youtube | https://www.youtube.com/user/ErieInsurance |
https://www.linkedin.com/company/erie-insurance-group/ |
Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.
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