Erie Auto Insurance Review: Quotes and Service (2025)

Erie Auto Insurance is highly ranked among industry-standard rating agencies, including J.D. Power, Consumer Reports, the National Association of Insurance Commissioners (NAIC) and AM Best.

MoneyGeek’s analysis involved reviewing quotes from Erie in the 12 states it covers to arrive at the insurer's average rates. Based on the data collected, we determined that Erie’s policies are cheap, with car insurance premiums that cost $934 per year on average.

Our analysis also included reviewing insurance costs for drivers seeking full coverage policies and minimum coverage policies as well as young drivers and those with speeding tickets. Our research found that Erie’s insurance policies are inexpensive irrespective of the driver’s background.

While MoneyGeek has collected detailed information on Erie, you should also perform your own research before choosing the best car insurance. We recommend taking quotes from at least three vendors to get the cheapest car insurance, depending on your requirements.

Erie offers cheap insurance for almost all types of drivers. This includes drivers looking for full coverage policies and minimum coverage policies. Erie also provides cheap insurance for young drivers and those with prior driving violations such as speeding.

A significant reason for Erie’s low prices is because it sells insurance directly through its website. This helps save dealership and agent costs and they can offer this margin directly to their customers.

Although many insurers do not mention the basis of their calculations clearly, Erie offers cheaper rates than most. However, you may have to pay more for insurance depending on your background and credit score.

Like many other insurers, Erie provides liability, comprehensive and collision coverage.

It also gives its policyholders an option to choose standard add-on coverages such as rental car reimbursement, accident forgiveness and new car replacement. However, it does not offer roadside assistance or gap insurance, coverages that other insurers commonly offer.

In addition to the above, the company offers better car replacement coverage, which is not commonly available. With this auto security coverage, Erie will replace your totaled car with the latest model if you’ve had it for less than two years. If you’ve had your vehicle longer than two years, you’ll get a model that’s two years newer.

Erie’s competitive policies allow you to customize your policy in various ways. Certain coverages that are typically add-ons with some insurers are included in a few of Erie’s base policies. Rate-lock and extended coverage options are also key features. If you’re looking to tailor your policy for specific purposes, Erie has many selections to choose from.

In addition to selling automotive insurance, Erie sells other types of protection, typically what you might find from other large insurers. But if you’re also shopping for homeowner’s insurance and you live in an eligible state, consider bundling your auto coverage. Erie’s multi-policies offer discounts from 16% to 25%, with most around 20%, depending on your location and policy start date. If you’re looking for business insurance, Erie also has an impressive portfolio to choose from.

The AM Best Financial Strength Rating is a financial quality assurance measure that gauges insurers' fiduciary strength. Erie has an A+ rating from AM Best, indicating "Superior" financial strength.