Insurance Car Insurance
Esurance is perhaps best known for providing auto insurance. As with most auto insurance carriers, the company offers basic liability coverage, collision coverage, and comprehensive coverage.
The plan that makes the most sense for you depends mainly on your budget, your risk tolerance and the type of car you drive.
Generally speaking, if your car is a knock-off (ie, worth less than a few thousand dollars), it’s probably not worth spending the extra money on collision or comprehensive coverage.
However, if you drive an expensive car, if you often drive to work, or if you park on the street where your car has a higher chance of being wrecked (or a tree falling on it!), you may want to opt for collision and comprehensive coverage.
If you’re looking for extra peace of mind behind the wheel, Esurance offers a variety of additional coverage options. Let’s take a look at some of the popular plugins:
Car rental coverage
If you choose rental car coverage, Esurance will reimburse you for rental car expenses if your car is in the shop for repairs.
To qualify for rental car coverage, you’ll need to have collision and comprehensive coverage on your policy.
Rental car coverage usually only costs a few extra dollars each year, so it’s generally good to have. Keep in mind that collision and comprehensive will probably run you a few hundred extra dollars a year.
So you’ll need to factor in these costs to make sure the overall policy fits your budget.
Emergency roadside assistance
Esurance’s emergency roadside assistance plan sends a tow truck your way if your car breaks down, delivers extra gas if you run out. They also offer tire repair if you get a flat.
Coverage only extends to $75 per accident, so if you break down in a remote area and it costs $200 to tow, you’ll likely have to pay the difference.
Also called loan/lease insurance, it provides coverage if your car is totaled. However, you owe more money to the lender than your car is worth at the time of loss.
For example, let’s say you recently took out a $24,000 loan to pay for a new car (pro tip: not recommended, in the slightest!). Once you drive that new car off the lot, the value drops XNUMX% or more.
A month later you get rear-ended at a traffic light and the insurance adjusters can declare your new car a total loss. You may still owe $23,500 on your car loan.
But the insurance company may only want to reimburse you $20,000 because the car is no longer brand new.
Gap coverage will cover the difference between what you owe on your loan and the car’s value at the time of the accident.
That way, you’re not left holding the bag. If you are financing a new or more expensive car, you may want to look into this type of cover.
Medical Payment Coverage
Medical payments The cover pays for medical expenses if you or your passengers require medical treatment after an accident.
Personal Injury Protection (Pip)
PIP covers your medical expenses that result from an accident, even if you were at fault and no other drivers were involved. PIP is required in some states and optional in others.
Personal injury insurance
If you cause an accident and the other vehicle’s passengers or driver are injured, bodily injury insurance can help you pay for their medical expenses. This level of coverage is required in most states.
Property damage coverage
Property damage coverage pays the costs needed to repair damage you cause to another person’s personal property. This could be during an accident (eg their house or mailbox).
Uninsured/Underinsured Motorist Bodily Injury Coverage
Suppose you are involved in an accident with another driver and that person is at fault and does not have insurance. Uninsured and underinsured motorist bodily injury coverage will pay for you and your passenger’s medical bills.
The policy also covers any expenses you incur as a result of the at-fault driver’s insurance plan, covering only a portion of your medical expenses.
Uninsured/underinsured motorist property damage
Imagine you were involved in a car accident caused by another driver. This driver either has no insurance or low insurance.
Uninsured and underinsured motorist property damage coverage would pay for any damage to your vehicle not covered by the at-fault driver’s plan.
How much can I save by switching to Esurance?
Esurance offers replacement and discount savings for residents of select states. If you’re eligible, you can save 5% on your premium on your first two policies .
Esurance offers customers an easy, do-it-yourself car insurance brand. If you think you don’t need an agent right down the street to talk to and you’re looking for the best discounts around, try Esurance — or at least get a quote to see how much you can save.