Finance

Erie Home Insurance Review 2022: Is It Right for You?

In the event you’re in search of beneficiant owners insurance coverage protection, Erie is an organization to think about. Relying on the place you reside, your Erie house insurance coverage coverage might embrace assured alternative value protection for the construction of your property. Meaning the corporate pays what it takes to rebuild your property after a lined declare, even when it’s greater than your dwelling protection restrict.

Nonetheless, Erie house insurance coverage is obtainable in solely a dozen U.S. states plus Washington, D.C.

Greatest for: Householders within the Mid-Atlantic or Midwest who need to work with an agent.

How we charge owners insurance coverage corporations

Our star scores are based mostly on client grievance information from the Nationwide Affiliation of Insurance coverage Commissioners; monetary energy grades from AM Greatest; protection and reductions obtainable; and the general client expertise. See our standards for evaluating house insurance coverage corporations.

Why you’ll be able to belief NFH

Erie house insurance coverage professionals and cons

Charges are usually cheaper than the nationwide common.

Not obtainable in most states.

Insurance policies might embrace assured alternative value on your house.

Receives fewer client complaints than anticipated for an organization of its dimension.

How Erie house insurance coverage charges

4.5

NFH score 

NFH’s scores are decided by our editorial group. The scoring method takes under consideration client grievance and buyer satisfaction information.

Erie owners insurance coverage earned 4.5 out of 5 stars for general efficiency. NFH’s scores are decided by our editorial group. The owners insurance coverage scoring method takes under consideration coverage protection choices and reductions, ease of submitting a declare, web site transparency, the monetary energy of the corporate, grievance information from the Nationwide Affiliation of Insurance coverage Commissioners and extra.

State availability

Erie owners insurance coverage is obtainable in 12 states and Washington, D.C.

Erie house insurance coverage protection

You’ll be able to customise your owners coverage with quite a few add-ons, however under are the varieties of protection that usually come normal:

Pays to restore or rebuild the construction of your property.

Covers harm to unattached constructions comparable to a shed or fence.

Pays to restore or exchange private belongings comparable to furnishings or clothes.

Pays for lodge stays, restaurant meals or different bills if it’s important to dwell elsewhere whereas your property undergoes lined repairs.

Covers authorized bills and damages in the event you’re answerable for accidents to different folks or their property.

Covers accidents to visitors in your house, no matter fault.

Erie’s owners insurance coverage insurance policies provide the same old options, plus some good perks:

  • Assured alternative value ensures your property can be lined in full if it’s destroyed or broken, with no “put on and tear” taken under consideration. This isn’t obtainable in all states.

  • Animals are lined as much as $500.

  • Theft or lack of your belongings is roofed with Erie’s base house owner coverage. (Many opponents received’t pay for a misplaced or misplaced merchandise.)

  • Protection for hard-to-replace gadgets, comparable to deeds and passports.

  • Reward card and reward certificates protection that reimburses you if a neighborhood enterprise closes.

  • Money and valuable metals are lined as much as $500.

You may as well add custom-made choices to your coverage, comparable to:

  • Water backup and sump overflow protection.

  • Protection for underground utility traces and pipes.

  • Additional protection for worthwhile gadgets or collections.

Erie house insurance coverage charges

The common annual value of Erie house insurance coverage is $1,356, in accordance with NFH’s charge evaluation. That’s lower than the nationwide common of $1,784. In many of the states we analyzed, Erie’s charges have been additionally decrease than the state common.

Reductions

Relying on the place you reside, you could qualify for reductions on:

  • Having smoke alarms, burglar alarms or computerized sprinklers.

  • Getting a house insurance coverage quote at the least per week earlier than your coverage renews.

  • Having a couple of Erie coverage.

Client complaints

Erie had fewer than the anticipated variety of complaints to state regulators relative to its dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. (NAIC house insurance coverage complaints additionally cowl different house coverage sorts, together with cell house, renters and apartment insurance coverage.)

Client expertise

Web site: You’ll be able to’t get a owners insurance coverage quote on the Erie web site. However you could find a neighborhood agent, see coverage info, verify declare standing and pay your invoice.

Cell app: You should use the Erie app to view coverage particulars, pay payments, see your agent’s contact info and verify the standing of a declare. It’s obtainable for each iOS and Android.

Householders insurance coverage shopping for information

You may get house insurance coverage quotes on-line, over the cellphone or by way of an agent. However earlier than you begin, take the next steps:

  1. Decide how a lot protection you want. Is a normal coverage adequate, or do you need to add further insurance coverage for conditions like identification theft or sewer backups? Examine whether or not every firm you’re contemplating has the choices you want.

  2. Take stock. To make sure you have adequate private property protection, take inventory of your belongings. Embrace all furnishings, digital gadgets, clothes, jewellery and home items. How a lot would it not value you to switch them? This whole is the minimal quantity of non-public property insurance coverage you must have.

  3. Make a good comparability. When evaluating charges, make sure that every insurer is providing the identical limits and deductibles.

  4. Examine client complaints. Though it could appear tempting merely to decide on the most affordable choice, take a look at what number of client complaints every insurer has earlier than selecting a coverage. Poor customer support might have a major impression in your expertise in the event you ever have to file a declare.

Different house insurance coverage corporations to think about

Not able to decide? You might be thinking about these different owners insurance coverage corporations:

Steadily requested questions

What different varieties of insurance coverage does Erie provide?

Erie sells a variety of insurance policies together with auto, renters, apartment, umbrella, boat and enterprise insurance coverage. Erie additionally gives annuities and particular person retirement accounts. Learn our Erie insurance coverage evaluation to study extra.

Does Erie owners insurance coverage cowl mould?

Erie’s mould protection varies from state to state, however the firm will usually pay as much as $10,000 to take away or remediate mould if it was attributable to a lined catastrophe. Study extra about mould and owners insurance coverage.

Is Erie Insurance coverage solely in Pennsylvania?

Though the corporate is predicated in Pennsylvania, it sells insurance coverage in 11 different states plus Washington, D.C.

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