Erie insurance review 2025

Erie car insurance cost

Based on our analysis of average premiums from Quadrant Information Services, Erie is one of the cheapest car insurance companies for drivers with clean records. Erie’s full coverage car insurance costs an average of $2,206 per year, while minimum coverage averages $728 per year.

Comparatively, the national average cost of car insurance for both coverage levels is higher, at $2,680 per year for full coverage and $802 per year for minimum coverage. Actual rates may vary based on several factors specific to you and your vehicle, but the premium data below can be a useful comparison tool.

How much is Erie car insurance?

While Erie car insurance premiums are typically well below the national average for drivers with clean records, your credit-based insurance score and driving record could impact what you pay. The table below shows average premium data provided by Quadrant Information Services for a variety of risk profiles. Keep in mind that not all insurers will write policies for drivers with a DUI conviction. If this is your situation, Erie and other insurance companies may choose to deny coverage.

Erie car insurance quotes by age

Age is a rating factor in every state where Erie offers auto insurance. Teens and newly licensed drivers are at a much higher risk of causing car crashes due to a lack of driving experience. Drivers under the age of 25 are also statistically more likely to engage in distracted driving or speeding and are less likely to wear a seat belt. These risk factors are reflected in higher premiums.

However, Erie offers opportunities for teens to find cheap car insurance with good student and driver training discounts. Teens and other young drivers may also save money by remaining on their parents' auto insurance policy until they move out on their own. The following average premiums are based on a motorist on their parents' policy with a clean driving record, as well as drivers listed on their own policies. It’s also important to note that minor teens cannot buy their own policies without the consent of a parent or guardian.

Compare Erie car insurance rates

Every insurance company prices auto coverage differently, and those pricing differences are subject to change as underwriting practices shift. That’s why comparison shopping is so important for consumers — comparing rates allows you to find the best fit with your insurance needs and risk profile.

In our analysis of average premium data, we found that Erie’s average rates for full coverage were comparable to other small regional carriers but lower than most major national insurers. In the case of state minimum coverage, Erie’s rates are closer to the middle of the pack, but still well below many larger competitors.

Erie customer satisfaction

Evaluating how well an insurance carrier meets the needs of its policyholders can be difficult. To help get a better picture, we look at third-party ratings from J.D. Power and the National Association of Insurance Commissioners (NAIC). J.D. Power conducts regular studies of customer satisfaction and auto claims satisfaction for insurers across the U.S., rating each carrier on a 1,000-point scale. The NAIC tracks customer complaints for each insurer and compares the rate of complaints to the carrier’s size, issuing a complaint index score with an industry baseline of 1.00.

In ratings from both organizations, Erie shows a consistent record of excellent customer service, with the highest J.D. Power customer satisfaction score in multiple regions and a complaint rate below the industry average for its size.

Erie auto claims satisfaction

Erie auto insurance customer complaints

Erie car insurance discounts

Taking advantage of discounts may help drivers save money on car insurance. Erie offers numerous discounts and incentives that may help reduce your car insurance premium:

• Diminishing deductible: With this option — while not a discount — your deductible may be reduced by $100 for each claim-free policy year, up to a $500 maximum. This feature is only available to policyholders who purchase the Auto Plus endorsement, and its availability may vary by state.
• Bundling and multi-policy discount: Erie may extend both bundling and multi-policy discounts to policyholders who carry more than one insurance policy with the company.
• Vehicle storage discount: If you plan to store your insured vehicle for 90 days or more, Erie may be able to reduce your premium to reflect limited usage (not available in Kentucky).
• Paid-in-full discount: Erie may extend a discount to policyholders who pay their annual car insurance premium in one lump sum, rather than monthly installments.
• Erie Rate Lock: In states where it’s available, this endorsement freezes your auto insurance premium year after year so that your rate can only increase if you add or remove a driver or vehicle or change the address where your car is garaged.
• Youthful driver discounts: Drivers under 21 could earn multiple discounts from Erie, either for spending multiple consecutive years on another Erie policy or for completing an approved driver training course.

Erie home insurance cost

Affordability extends to Erie’s homeowners insurance, which is $1,887 per year for $300K in coverage. This is 19 percent less than the national average cost of homeowners insurance of $2,341 per year for the same amount of dwelling coverage.

Compare Erie homeowners insurance rates

Because each home insurance company prices policies differently, some homeowners may find the cheapest rates with Erie, while others might find better deals with another company. Comparison shopping is the only way to determine which carrier is best for your individual profile, but the average rates below from Quadrant Information Services provide a basis for comparison.

Erie customer satisfaction

Third-party ratings from expert organizations can offer insight into how well home insurance companies meet their customers’ needs. In the case of Erie’s home insurance offerings, we looked to the J.D. Power 2025 U.S. Property Claims Satisfaction Study and the NAIC Complaint Index to get a feel for customer satisfaction.

Erie homeowners claims satisfaction

Erie home insurance customer complaints

Erie home insurance discounts

Home insurance companies typically offer discounts that may help you save on your premium. Advertised home insurance discounts with Erie include:

• Safety features discount: You may earn a discount if your home is equipped with safety features like smoke alarms, security systems and an automatic sprinkler system.
• Advanced quote discount: Obtain an Erie homeowners insurance quote seven to 60 days before your current policy’s renewal date and you might earn a discount.
• Multi-policy discounts: Bundling your auto or life insurance policy with your home insurance can potentially translate into savings.

Pros and cons of Erie life insurance

Erie life insurance riders

The best life insurance company may be different for everyone, and each policy type serves a different purpose. Life insurance riders may modify and extend your life insurance coverage, as well as impact the cost of life insurance.

Erie's life insurance coverage only offers one rider:

• Long-term care (LTC) accelerated death benefit rider: Only available for certain universal and whole life policies, this rider allows policyholders to use a portion of the policy’s death benefit to help pay for long-term medical expenses. If a licensed health professional confirms that the policyholder is unable to perform at least two functions of daily living independently — such as eating, bathing or using the bathroom — the benefit can kick in.

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. These are sample rates and should only be used for comparative purposes. Your quotes will differ.

If otherwise specified, the base profile has been modified with the following driver characteristics:

Bankrate Score

Our 2025 Bankrate Score for auto insurance considers key variables that our insurance editorial team determined impact policyholders’ experiences with an insurance company. These factors include a robust assessment of each company’s cost of coverage, product availability, financial strength ratings, online capabilities and customer and claims support accessibility. We grouped these factors into three essential categories — cost and ratings, coverage and savings, and support — which we then weighted in a tiered approach. 

Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.

• Tier 1 (Cost & ratings): To determine how well auto insurance companies satisfy these priorities, our team analyzed quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the National Association of Insurance Commissioners (NAIC). 
• Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated the discount options listed on each company’s website.
• Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored in a company’s corporate sustainability efforts.

Tier scores are unweighted to show the company's true score in each category out of a possible five points.

Bankrate Score

• Tier 1 (Cost & ratings): To determine how well home insurance companies satisfy these priorities, our team analyzed average quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the National Association of Insurance Commissioners (NAIC).
• Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
• Tier 3 (Support): To encompass the many ways a home insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored in a company’s corporate sustainability efforts.

Tier scores are unweighted to show the company's true score in each category out of a possible five points.

Bankrate Score

• Tier 1 (Ratings): To determine a life insurance company’s financial health and reliability, we assessed several industry-standard ratings, such as J.D. Power, AM Best, Comdex, the National Association of Insurance Commissioners (NAIC), and credit agencies like Moody’s, Fitch and S&P.
• Tier 2 (Coverage options): We assessed companies’ coverage options, availability and policy features to help policyholders find a provider that best meets their needs. We examined each company’s life insurance product lines, including term, whole and universal life options.
• Tier 3 (Accessibility & process): To assess the ease and transparency of applying for coverage, we reviewed the simplicity of obtaining a quote and insurers' underwriting processes — including eligibility requirements. We also considered insurers’ community engagement.

Tier scores are unweighted to show the company's true score in each category out of a possible five points.