Esurance vs. Ohio Mutual: Which Company is the Best Fit for You?

Quick Facts

• In general, Ohio Mutual offers significantly less expensive prices than Esurance
• Esurance offers more discounts than Ohio Mutual Insurance Company
• Ohio Mutual offers more affordable rates for policyholders who have a clean record

Esurance vs. Ohio Mutual: Which Company has the Cheapest Car Insurance?

Are you in the market for a new insurance policy? After all, you've seen ads from all sorts of companies offering hefty discounts. But exactly how much can you save by switching?

You've maybe even narrowed your search down to Esurance or Ohio Mutual for your next policy, but which carrier has cheaper prices for car insurance?

Looking at nationwide averages, Esurance is quite a bit more expensive than Ohio Mutual, with premiums averaging $299 per month compared to just $152 with Ohio Mutual.

However, Ohio Mutual may not be the lowest or best option for each driver out there. Insurance companies use a variety of complex algorithms to calculate rates, so depending on how clean your driving record is or how good your credit score is (among multiple other factors), you could see wildly different prices from the ones above.

Wanting to know if Esurance or Ohio Mutual is really the right company for you? Keep on reading to see how average rates can change based on all of the factors we've mentioned above.

Esurance or Ohio Mutual: Average Car Insurance Rates by State

Esurance and Ohio Mutual only compete against each other in Ohio, where Ohio Mutual offers the cheaper average premiums. For Ohio residents, Ohio Mutual offers car insurance for $152 monthly on average. Esurance's average prices come out to be over 40% more expensive, at $216 per month.

There's a lot more that goes into your auto insurance cost than just where you call home. Keep reading to learn more.

Which is the Best Company For Young Drivers?

Young drivers -- especially teens -- generally pay a lot for insurance compared to older drivers. It's because young, inexperienced drivers are statistically much more likely to get into accidents since they have less experience on the roads.

That being said, that doesn't mean that teen drivers have to just accept sky-high auto insurance premiums. For example, 18-year-old drivers pay an average of more than $400 less a month by choosing Ohio Mutual over Esurance. It's worth noting that Esurance offers car insurance in 11 different states compared to Ohio Mutual's one, which can skew the average rates a bit, but the difference here is still considerable.

Even so, both carriers will drop premiums by the time you turn 25. Ohio Mutual offers the steepest decrease, with 25-year-olds paying less than half what 18-year-old drivers are charged. Esurance's average rates reduce over 65% during that same period.

Which is the Best Company for Retired Drivers?

Drivers around retirement age typically enjoy some of the cheapest auto insurance prices you'll ever see. After all, they've likely been driving for quite some time, which usually decreases their chances of accidents and other infractions that can increase premiums.

So, which carrier offers the best rates to retired drivers? Ohio Mutual gets the edge, with prices for drivers 65 and older $118 more affordable than the national average for Esurance.

Which is the Best Company for Married Drivers?

Those who are single tend to get offered slightly more expensive car insurance rates than married couples. That's normally because married drivers tend to own and insure more than one car, which can often earn you a discount.

When it comes to relationship status, Ohio Mutual is the clear winner for single policyholders, with premiums about $189 per month less expensive than Esurance, on average. For married policyholders, the advantage is clear again - Ohio Mutual has the edge when it comes to average prices.

Esurance vs. Ohio Mutual: Average Rates by Gender

Men are statistically more likely than women to get pulled over for speeding or get into an accident. That means when it comes to insurance men will typically end up paying a little more.

On average, men see premiums more than $20 a month higher with Esurance, and nearly $10 with Ohio Mutual.

Looking at the data for each company specifically, Ohio Mutual comes out as the most affordable option for both genders, with average prices $153 less for men and $140 cheaper for women.

Esurance or Ohio Mutual: Compare State Minimum vs. Full Coverage Rates

*State minimum value indicates liability-only policies at each state's minimum bodily injury and property damage (BI/PD) limits

**Full coverage indicates state minimum BI/PD limits with collision and comprehensive coverages added to policy.

For most people, auto insurance can be pretty complicated. Everyone needs car insurance, but there are so many different coverages and limits that it can be hard to find the right policy.

The two most common policies that many drivers look at fall into two categories -- liability only (which covers the other party's injuries and property damage if you cause a collision) and full coverage (which includes two additional coverages -- comprehensive and collision -- in addition to what you get with liability coverage).

If you're looking for state minimum liability insurance, Ohio Mutual usually offers significantly more affordable rates of $74 compared to Esurance's $201. When it comes to full coverage policies with similar limits, Ohio Mutual again has the edge, with policies around $150 per month cheaper than Esurance, on average.

Is Esurance or Ohio Mutual Better for Drivers with Spotty Records?

It's no big secret that drivers who are accident-free get better deals on their insurance. But even if you have a spotty record, you can still find plenty of ways to save some cash on your monthly bill.

Collisions and tickets will most likely raise your prices, but is Esurance or Ohio Mutual more affordable for drivers with less-than-perfect records?

Which Company is Best for Drivers with Speeding Tickets?

Esurance policyholders can expect their premiums to go up an average of $45 a month if they get a ticket, while Ohio Mutual generally raises rates about $21 per month, on average.

But Ohio Mutual has cheaper premiums for drivers in both categories, offering prices that are 65% and 63% less expensive, respectively, compared to Esurance.

Which Company is Best for Drivers After an Accident?

Esurance drivers who get in an accident can expect to see their rates climb by just under 35%, while those who have insurance through Ohio Mutual will see around a 35% increase.

Overall, Ohio Mutual offers the cheapest premiums for drivers with an at-fault accident on their records, with monthly prices averaging $125 compared to Esurance's $364.

Which Company is Best for Drivers with a DUI?

On average, a DUI offense is going to cost you much more than a single collision or speeding ticket when it comes to your car insurance bill. For example, Ohio Mutual increases average rates by over $200 a month -- that's over a 70% increase.

Ohio Mutual has the overall lowest prices for drivers with a DUI on their records at $293 a month, but it's worth noting that Esurance's average rates come from 11 states compared to just one for Ohio Mutual, so the data may be skewed slightly.

How does Credit Score Impact Esurance and Ohio Mutual Rates?

In many cases, your credit score can be used as one of the factors to determine your monthly auto insurance premiums. This isn't always the case (for example, Hawaii and Massachusetts are two states that ban the practice entirely), but it will come into play for lots of policyholders.

Insurance companies argue that those with good credit scores are more likely to pay their bills on time each month, which lowers the risk involved on their end, while the opposite is true for those with bad credit.

So, which carrier offers the most affordable rates for drivers with good, average, or poor credit?

Which Company is Best for Drivers with Good Credit?

If you have a solid credit score, you'll usually find a better deal with Ohio Mutual. Policyholders with "excellent" credit can save just under 55% compared to Esurance, and those with "good" scores can also expect to see savings -- about $142 or 53% more affordable every month.

Which Company is Best for Drivers with Bad Credit?

Ohio Mutual typically offers lower prices than Esurance when it comes to drivers with less-than-stellar credit. Drivers with "fair" credit pay around $152 per month less with Ohio Mutual compared to Esurance, and those with "poor" scores normally save an average of about $192 monthly.

Is Esurance or Ohio Mutual Better for Drivers who Work from Home or Have Short Commutes?

How much you drive can have a considerable impact on your monthly auto insurance payment. That's because the fewer miles you put on your vehicle, the less likely you are to get into a collision and cause an insurance claim.

As you can see in the table above, annual mileage doesn't have much of an impact on how much Ohio Mutual charges. However, there's a small difference in monthly rates for Esurance, with policyholders who drive 6,000 miles each year paying around $1 less every month compared to those who drive 12,000 miles annually. Still, Ohio Mutual is the cheaper option for drivers in both categories.

Esurance vs. Ohio Mutual: Compare Rates for Urban, Suburban, and Rural Drivers

We've already mentioned how your home state can play a role in how much you pay for insurance, but the type of area you live in can have a big impact as well. Generally, drivers who live in less densely populated rural areas will pay quite a bit less than urban policyholders because of the small number of cars that are on the roads in those areas.

When comparing these two carriers side-by-side, Ohio Mutual normally comes out as the cheapest option for drivers in all types of areas, no matter if they're urban, suburban, or rural.

Drivers in rural ZIP codes see the lowest prices from both companies, but Ohio Mutual comes out on top with average premiums about $147 a month. Ohio Mutual also has less expensive average rates for policyholders in urban and suburban ZIP codes -- a 61% and 47% a month respective difference when compared to Esurance drivers in similar areas.

Esurance vs. Ohio Mutual Discounts

Regardless of why you might be in the market for a new car insurance policy, you're always going to want to save as much money as possible. That's where insurance discounts comes into play.

But with what seems like a million different discounts out there, it can be difficult to find all the ones you can take advantage of or to nail down the carrier that has the most discounts for your unique driver profile.

In the table below, we've compared all of the different discounts offered by Esurance and Ohio Mutual so that you can easily see which company offers the most discounts and, therefore, the biggest savings.

Esurance knocks Ohio Mutual out of the park when it comes to the sheer number of discounts available, offering 24 different discounts to Ohio Mutual's 17.

A couple of those are overlapping for things like advance quote discounts, discounts for being a defensive driver, discounts for being a good student, and paid in full discounts. Esurance also offers agency transfer discounts, DRL discounts, education discounts, and more that Ohio Mutual does not.

On the flip side, Ohio Mutual has a couple unique discounts of its own -- attentive driver discounts, continuous insurance discounts, distant student discounts, and more.

Final Thoughts: Is Esurance or Ohio Mutual Best for You?

So, we've broken down the average premiums for many of the variables auto insurance carriers look at, and we've shown you all the discounts each company offers. But, at the end of the day, which insurance carrier is the best one for you and your specific profile and needs?

Ohio Mutual might be best for you if....

• You have a clean record.
• You have above-average credit.
• You drive fewer than 6,000 miles yearly.

Esurance might be best for you if...

• You're thinking about moving to another state -- Ohio Mutual Insurance Company is only available to Ohio residents.
• You care about discounts (Esurance offers the most).

We hope this guide helps you get a good idea of the differences between Esurance and Ohio Mutual and that you can now make a more informed decision when it comes to your car insurance.

But, at the end of the day, there's only one way to know for sure that you're getting the best possible deal on auto insurance -- comparing quotes from a handful of companies, not just Esurance and Ohio Mutual. Luckily, Compare.com does all the hard work for you. Simply enter your ZIP codes below and get multiple free quotes from some of the best insurance carriers in your area, all in just a few minutes.

Esurance vs. Ohio Mutual FAQs

Is Esurance or Ohio Mutual cheaper?

Looking just at the national average rates, Ohio Mutual is the cheaper of the two companies, offering average rates of $152 per month compared to $299 for Esurance. Even so, Ohio Mutual won't necessarily be the cheapest company for each policyholder, since there are lots of different factors that are considered when it comes to your car insurance bill.

Who is better, Esurance or Ohio Mutual?

Sadly, the real answer is "it depends.". No one carrier is "better" for every driver -- it all comes down to what your unique auto insurance profile looks like.

Why do Esurance and Ohio Mutual offer me different rates?

Insurance carriers take a look at a lot of different variables when calculating the prices they charge policyholders. Things like gender, where you call home, age, your driving record, and sometimes even things like your credit score can all be used. Both Esurance and Ohio Mutual use different formulas, so each one will most likely offer different premiums. The only real way to see which company is the most affordable for you is by comparing personalized quotes from multiple different companies.

How do I know if Esurance or Ohio Mutual is right for me?

The only way to find the car insurance carrier that's right for you is by getting quotes from several carriers and finding the one best suited for your individual budget. Luckily, sites like Compare.com do all the hard work for you. Just enter your area information and you'll get free quotes from dozens of the best insurance companies in your area. That way, you can guarantee you're getting the best price. And who knows, the best company for you might not be Esurance or Ohio Mutual at all!

Methodology

All of the data referenced in this article has been gathered in collaboration with Quadrant Information Services. We analyzed more than 2.5 million rows of carrier-reported data to calculate the average rates referenced above. All rates are based on an insurance profile of a single-vehicle policy for a driver that owns a 2016 Honda Accord. For more information on how we calculate rates, please reference our data methodology.