Hanover vs. Esurance Insurance

Which insurance company is right for you? Compare products, cost, and quotes from Hanover and Esurance.

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Hanover vs. Esurance: What You Need to Know

From 2003-2007, the Wall Street Journal ranked The Hanover Insurance Companies #1 in the property and casualty industry for increasing shareholder value over a 5-year-period. In 2009, The Hanover acquired commercial business from OneBeacon Insurance Group, which enabled rapid Western U.S. expansion. In the same year, A.M. Best upgraded its company rating to “A” (excellent). From 2010 to 2011, it continued to acquire more businesses both in the U.S. and abroad, which included Lloyd’s of London Chaucer Holdings. In 2013, The Hanover exceeded $5 billion worth of written premiums and wrote business in 179 countries. In 2015, Standard & Poor’s upgraded the company’s financial rating to “A” and The Hanover was recognized by Forbes as one of America’s best employers and one of America’s most trustworthy financial companies.

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, Esurance offers 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 founded 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.

Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit Hanover Overview and Esurance Overview.

Hanover vs. Esurance: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with Hanover and Esurance. On average, Hanover charges approximately $468.89 per month while Esurance comes in at around $250.10 per month. For Hanover, the cheapest state average is Massachusetts at $198.35 per month and the most expensive is Michigan at $667.97 per month. For Esurance, the cheapest state average is Utah at $125.87 per month and the most expensive is New York at $501.74 per month.

Hanover

Average Rate

$468.89
Esurance

Average Rate

$250.10
National

Average Rate

$120.03
State Hanover Esurance
Arizona- $159.82
Arkansas $410.26 -
California- $143.43
Colorado- $172.16
Connecticut $465.03 -
Illinois $490.54 $138.94
Indiana $493.45 -
Maine $244.32 -
Maryland- $353.27
Massachusetts $198.35 -
Michigan $667.97 $272.30
New Hampshire $389.39 -
New Jersey $636.63 $239.29
New York $329.31 $501.74
Pennsylvania- $204.50
Texas- $194.72
Utah- $125.87

Hanover vs. Esurance: Rates by Number of Vehicle

Home

Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Hanover and Esurance typically charge for drivers who have more than 1 vehicle.

Number of Vehicles Hanover Esurance
1 Vehicle $432.54 $242.99
2 Vehicles $638.46 $278.16
3 Vehicles $1,097.70 $446.48
4 Vehicles $1,474.38 $526.36

Hanover vs. Esurance: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Hanover charges $480.89 per month and Esurance charges $216.90 per month for customers who own their home.

Own/Rent Hanover Esurance
Own $480.89 $216.90
Rent $464.22 $262.91

What is Hanover and Esurance Insurance Rating?

Which car insurance company is better? We've made it easy to compare companies side by side. See how Hanover and Esurance ranked among the industry ratings.

ComparisonHanoverEsurance
Year Founded18521999
A.M. Best RatingAA+
BBB RatingA+A-
Financial StrengthExcellentAbove Average
JD Power RankingAbove Average
NAIC Complaint Index1.28
NAIC Complaint Ratio1.14
S&P RatingAAA-

Hanover or Esurance: Insurance Products Offered

What coverage is available through Hanover and Esurance? Both insurance companies offer Auto, Commercial, Home, RV, and Umbrella insurance. Additional products from Esurance insurance also includes Condo, Health, Life, Motorcycle, Pet, and Renters insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Hanover and Esurance Insurance page.

InsuranceHanoverEsurance
Auto Insurance
Commercial Insurance
Condo Insurance
Health Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Pet Insurance
Renters Insurance
RV Insurance
Umbrella Insurance

Hanover or Esurance: Ways To Save

Hanover offers a wide range of discounts to its policyholders, including Affinity Groups, Anti-theft Device, and Good Student discounts. Whereas, Esurance also offers a few discounts that Hanover doesn’t, including Switch & Save®, Safety Device, and Renters Plus® discounts. Start taking advantage of discounts offered by insurance providers like Esurance and Hanover insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

HanoverEsurance
Accident Prevention Course DiscountAnti-lock Brakes Discount
Affinity GroupsAnti-theft Discount
Anti-theft Device DiscountClaim-free Discount
Good Student DiscountDefensive Driver Discount
Hanover Platinum ExperienceEmergency Road Assistance Discount
Multi-Car DiscountFast 5 Discount®
No-Fee Electric Funds TransfersGood Driver Discount
One BillGood Student Discount
Pay-in-Full DiscountHomeowners Discount
Student Away at School DiscountMulti-car Discount
Multi-policy Discount
Online Shopper® Discount
Paid-in-full Discount
Renters Plus® Discount
Safety Device Discount
Switch & Save® Discount

Pros & Cons of Hanover & Esurance

Pros

Hanover
  • The Hanover Insurance Group platinum coverages come in a great bundle.
  • Useful mobile app
Esurance
  • Very few complaints from customers.
  • It has fewer customer complaints than the industry median, relative to its size.
  • Backed by Allstate, a large insurer that is financially sound.
  • Esurance is available in most states.

Cons

Hanover
  • The Hanover Insurance Group does not offer rideshare insurance or accident forgiveness options.
  • Very few discounts
  • Hanover Insurance is more expensive than most options and a lower customer service rating.
  • Hanover only writes auto insurance in 18 states.
Esurance
  • Does not score very high on the repair process
  • Prices are a bit higher than other budget insurers like Progressive and Geico

Hanover or Esurance Mobile Apps Options

The Hanover Mobile app is available for iOS and Android. With this app, you’ll be able to see vital policy information and billing information. You can also file a home or auto claim without making a phone call.

The Esurance mobile app is available for iOS and Android.

Hanover Mobile App
iOS     3.517 user reviews
Android     2.621 user reviews
Esurance Mobile App
iOS     4.81,194 user reviews
Android     4.78,655 user reviews

Hanover & Esurance Contact Info

Hanover Contact Info
Address440 Lincoln Street, Worcester, MA 01653
Phone1-508-855-1000
Websitehttps://www.hanover.com/
Facebookhttps://www.facebook.com/hanoverinsurance/
Twitterhttps://twitter.com/The_Hanover
Youtubehttps://www.youtube.com/channel/UCe9zQijKTBxGff55FKAvytg
Linkedinhttps://www.linkedin.com/company/the-hanover-insurance-group/
Esurance Contact Info
Address650 Davis Street, San Francisco, CA 94111
Phone1-800--378-7262
Websitehttps://www.esurance.com/
Facebookhttps://www.facebook.com/Esurance/
Twitterhttps://twitter.com/esurance
Youtubehttps://www.youtube.com/channel/UCpp4vbWpy_aTBhmhigENpHw
Linkedinhttps://www.linkedin.com/company/esurance/

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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