Founded in 1925, Erie Insurance works with more than 13,000 independent agents. The company is ranked number 414 on the Fortune 500 list for 2023. Erie Insurance is the 11th largest home insurance company in the nation.
Erie’s homeowners insurance has the typical coverage types that you would find in a standard home insurance policy:
- Dwelling coverage pays to replace or repair damage to your home and its attached structures, like a deck.
- Other structures coverage pays to replace or repair damage to structures that are not attached to your home, like a shed or gazebo.
- Personal property coverage covers your personal belongings from problems like fire and theft.
- Liability insurance pays for property damage to others and medical expenses if someone is hurt on your property. It also pays for a legal defense if you are sued because of an accident.
- Additional living expenses coverage pays for expenses like meals, hotel bills and laundry services if you cannot live in your home because of a problem covered by your policy, like a fire.
- Medical payments coverage pays medical bills of people who blame you for accidental injuries, without regard to fault. Coverage is typically in small amounts, including $1,000 to $5,000.
Erie Insurance sells home insurance, condo insurance, renters insurance and mobile home insurance.
Need more liability protection than your home insurance can provide? Erie Insurance sells an umbrella insurance policy that will kick in if your home insurance liability limits are exhausted.
Policy add-ons are available from Erie Insurance, including:
- Expanded liability coverage for watercraft and criminal defense cost reimbursement.
- Identity recovery pays for expenses to help you fix identity theft or fraud.
- Service line protection pays for repairs to underground utility and service lines that run from your house to the curb.
- Water backup and sump pump overflow covers you for problems related to overflowing sewer systems and sump pumps.
If you want policy add-on perks bundled together, you can try one of the ErieSecure Home Bundles. They include the Advantage Bundle (the base package), Plus Bundle and Select Bundle (the top package).
Erie includes unique gift card coverage in its home insurance policies. This coverage pays customers for remaining balances on eligible gift cards that can no longer be used at local businesses if the business closes within a year of purchase (up to $250 for businesses within 100 miles of your home). Limited to $500 per policy period.
