Is Erie good auto insurance?

How does Erie rate as an insurance company?

Overall, WalletHub’s editors give Erie Insurance a rating of 3.2/5, as the company has a reputation for offering good customer service and affordable policies. However, Erie is also known for having a flawed claims payment process, and you’ll get more discounts from other insurance providers.

Is Erie Insurance Real?

About ERIE

ERIE sells auto, home, business and life insurance through independent agents.

What is the #1 car insurance?

If Allstate, Geico, Progressive and State Farm come to mind first, that makes sense: Together, these four companies make up over half of the personal auto insurance market in the U.S.

1. State Farm.

State Farm auto insurance at a glance
Average rate for good driver $1,337 per year

Does Erie have accident forgiveness?

Well, ERIE offers First Accident Forgiveness, meaning you won’t be surcharged the first time you’re at fault in an accident after you’ve been an ERIE customer for three or more years.

Does Erie Insurance Cover mold?

Standard homeowners insurance policies usually exclude coverage specifically for mold damage and mitigation, says Joe Vahey, vice president and product manager at Erie Insurance. And even if your policy has a clause that covers mold, you definitely won’t see any money if the mold growth is caused by negligence.

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What is the meaning of Erie?

(Entry 1 of 2) 1 : a member of an American Indian people living south of Lake Erie in the 17th century. 2 : the extinct and probably Iroquoian language of the Erie people.

What is Erie secure insurance?

Gives you the protection of an ErieSecure Home® policy, plus increased limits on things like theft, lost or misplaced valuables and the added security of ERIE’s Identity Recovery coverage.

How much will my insurance go up after an accident Erie?

Erie insurance rates go up by an average of 35% after an accident. Drivers who have Erie accident forgiveness will not see their car insurance rates go up at all after their first accident in 3 years, however.

What is demotech rating?

About Demotech, Inc.

Our rating process provides an objective baseline for assessing solvency based upon changes in financial stability, as presented in an insurer’s balance sheet. FSRs are based upon a series of quantitative ratios and considerations that comprise our Financial Stability Analysis Model.