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Erie Auto Insurance Company Profile
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Erie Insurance Company began in 1925 only selling auto insurance in Pennsylvania. The large rural population was at much less risk of getting into an accident then those in urban city centers. The few claims that had to be paid out were also for much lower amounts than average because the rural population also tended to drive at a slower average speed. The business was so profitable that ten years later Erie began selling fire insurance to home and small business owners. Slowly the company gained a larger market share was able to begin servicing clients in the major cities in Pennsylvania. With strong leadership the company eventually expanded to offering life insurance and through subsidiary companies, health insurance as well. It offers and writes policies in 11 states and the District of Columbia and employs over 4,200 people. In addition Erie Insurance processes over 1.5 billion dollars in gross premiums per year.

Quick Facts for Erie Car Insurance

  • Founded : 1925
  • HQ : Erie, Pennsylvania, USA
  • Auto Insurance : YES
  • Health Insurance : YES
  • Life Insurance : YES
  • Fortune 500 : #484
  • **S&P Best Financial Strength : A+
  • **S&P Best Credit Strength : A+
  • *A&M Best Rating : AA
  • ***J.D. Power Pricing Rating :
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  • J.D. Power Overall Satisfaction Rating :
  • Customers Completely Satisfied % : 65%