What kind of insurance does Erie offer?
Erie provides wide-ranging coverages and benefits to its customers. It offers all the most common car insurance coverages, including liability, collision, comprehensive, uninsured/underinsured motorist and medical payments/personal injury protection.
Is Erie a good company?
Erie is a top-of-the-line insurance company with great prices, but availability is limited to a select region. Erie Insurance is a great option for people living in one of the 12 states where it is offered. Erie's rates are among the best available, and its customer service is widely praised.
Is Erie Insurance only in PA?
Erie Insurance: Serves 12 states— Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wisconsin—and the District of Columbia.
What is Erie Insurance AM Best rating?
Erie received an A+ (Superior) financial strength rating from AM Best and ranked second in J.D. Power's 2021 U.S. Auto Claims Satisfaction Study. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate.
What type of insurance is ERIE?
Erie Insurance, based in Erie, Pennsylvania, is a property and casualty insurance company offering auto, home, business and life insurance through a network of independent insurance agents.
Is Erie Insurance a reliable company?
Customer satisfaction (J.D. Power) — Above average: J.D. Power rated Erie as above-average in its 2021 U.S. Auto Insurance Satisfaction Study. Financial strength — Superior: This rating, from AM Best, indicates Erie has a reliable ability to pay out claims thanks to its solid financial standing.
Is Erie Insurance only in PA?
Erie Insurance: Serves 12 states— Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Wisconsin—and the District of Columbia.
Is Erie a good life insurance company?
Erie Family Life Insurance Company earned an AM Best's rating of A (Excellent). 4 AM Best provides financial ratings for insurance organizations and is well respected in the industry. An “A” rating is the third highest score an insurance organization can receive.
What are the top 5 insurance rating agencies?
Five independent agencies—A.M. Best, Fitch, Kroll Bond Rating Agency (KBRA), Moody's and Standard & Poor's—rate the financial strength of insurance companies. Each has its own rating scale, its own rating standards, its own population of rated companies, and its own distribution of companies across its scale.
What is the highest AM Best insurance rating?
AM Best uses both qualitative and quantitative measures to assess an insurance company's ability to pay claims and meet its financial obligations. AM Best's financial strength ratings range from the highest A++ to B+, to 10 vulnerable ratings, ranging from B to S, with the lowest indicating a rating was suspended.
Which insurance rating services highest rating is AAA?
For example, A.M. Best's highest insurance company credit rating is A++, meaning superior,2 while Fitch's is AAA for exceptionally strong, Moody's is Aaa for the highest quality, and Standard & Poor's is AAA for extremely strong.