Erie Insurance OverviewErie Insurance was founded in 1925 and is headquartered in Pennsylvania. The company offers their financial services and insurance products to many in the eastern United States. The company offers their customers all of the basic coverages which one can expect in an auto insurance policy, with several added features. Some of the added features and benefits are available without adding additional charges to the policyholder.
Erie Insurance provides insurance and other auto financing services to customers back East. The insurance coverage is rather basic, but there are opportunities to add-on and improve the policy. Other benefits of the Erie Insurance platform include:
Erie Insurance offers their customers the following coverages:
- Bodily Injury
- Property Damage
- Underinsured Motorist Coverage
- Medical Payments
It is important to note, that since each state requires different coverages by law, some features may be greater in different areas, and not available in others.
On average, an auto policy from Erie Insurance costs $101.38.
Erie is licensed to serve customers in District of Columbia, Illinois, Indiana, Kentucky, Maryland, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wisconsin.
Erie offers the following discounts for their policyholders:
- Accident foregivness
- Feature 15
- Passive restraints
- Youthful driver
- Driver training
- Youthful longevity
- College student
- Age 55 and over
- Accident prevention course
- Reduced usage
- Payment plans
Policyholders can file auto insurance claims online as well as track the status of their claim. This functionality is more common in the industry than not. Erie Insurance makes it easy for their policyholders to remain informed throughout the stressful process following an accident.
Erie Insurance was founded in 1925 and has been providing automobile coverage to their clients ever since.
While there are a number of services and features that make Erie Insurance a quality choice for auto coverage, there are limitations to the platform as well. These drawbacks include the following items:
The ability an auto insurance provider has to service as many clients as possible is something to be taken into consideration. At this time, Erie Insurance only operates in eleven of the fifty states in the country. That means that a vast majority of the nation will not be able to take advantage of their services. With a limited coverage area, there may be a number of consumers who will have to look elsewhere for auto insurance.
While averages can be determined for policy costs, there will be variation in terms of what the actual policy will be priced at. A number of factors go into determining how much a policy costs on a monthly, semi-annual, or annual basis. For an exact estimate, customers will need to consult an Erie Insurance representative.