GEICO vs. Esurance

Yes, GEICO really is the cheapest car insurance company for most drivers in the United States. State-minimum coverage from GEICO costs an average of $796 per year, which is $495 cheaper than the national average for a minimum coverage policy.

GEICO vs. Other Major Insurers

Premiums in this table reflect the annual cost of a minimum-coverage policy for a safe-driving 45-year-old male averaged across three of the largest states; individual premiums will vary.

Keep in mind that smaller companies, even those that don't advertise much, can be cheaper than the large national insurers. For example, Chubb costs an average of $420 per year in Michigan for a minimum coverage policy, compared to $602 per year for GEICO. Additionally, individual premiums are based on many factors, including age, driving history and ZIP code, so even though GEICO tends to be the cheapest, it is possible for drivers to find cheaper insurance elsewhere.

To learn more, check out WalletHub's picks for the cheapest car insurance companies overall.

You can lower your Esurance car insurance costs by taking advantage of Esurance discounts, opting for a higher deductible, and reducing your coverage, among other things. Esurance considers a variety of factors when calculating your premium, though some – like your age and location – are out of your control. Fortunately, you can take steps to influence other factors in order to lower your rate.

How to Lower the Cost of Car Insurance from...

GEICO pays claims either electronically, or by issuing a check to cover their repair estimate, minus any deductible. Checks are mailed in as little as 48 hours after the accident investigation is completed.

If you are in an accident, you can file a claim online at geico.com, in the app, or by calling (800) 841-3000. If your car or motorcycle is safe to drive, GEICO will schedule a time for you to bring it into...

You can lower your GEICO car insurance costs by taking advantage of GEICO discounts, opting for a higher deductible, and reducing your coverage, among other things. GEICO considers a variety of factors when calculating your premium, though some – like your age and location – are out of your control. Fortunately, you can take steps to influence other factors in order to lower your rate.

How to Lower the Cost of Car Insurance from...

Geico insurance will go up by about 79% after your first accident resulting in a claim of $750 or more. If this is your second accident in less than three years, your insurance will go up at least twice as much , depending on the total cost of the claim. If you have more than two accidents in a three-year period, you can expect to pay 225% more. These surcharges will be in effect for...

Esurance insurance rates go up by an average of 56% after an accident. Even though an accident will cause Esurance to raise your car insurance premium when you renew your policy, the added cost will only be temporary. An accident will usually affect your Esurance premium for just 3-5 years.

The exact amount that Esurance premiums go up after an accident depends on a few factors, including who was at fault, how much damage was...

Low mileage drivers usually save on their GEICO premium because less time on the road means a smaller chance of filing a claim. Besides offering lower premiums for low mileage...

After you get into an accident, you will have to wait five years in order to qualify for the discount again. Additionally, accidents that are forgiven by GEICO accident forgiveness still count against your good driver...

GEICO is one example of a company that is cheaper than Esurance, which costs an average of $1,218 per year for minimum car insurance coverage. USAA, Travelers, State Farm, and Progressive also tend to have lower car insurance premiums than Esurance, as do regional companies like Wawanesa and Grange.

Car Insurance Companies Cheaper Than Esurance

Yes, Esurance offers non-owner car insurance. To qualify, drivers cannot own a car or live with anyone who owns a car. Esurance even offers non-owner insurance to drivers who need to file an SR-22 with their state to prove they have insurance.

Drivers can get a quote and purchase an Esurance non-owner policy by calling the company at 1-800-378-7262. Because non-owner policies are somewhat unusual, most companies, including Esurance, do not offer quotes online.

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