Erie home insurance provides extensive coverage for the physical structure of your home, offering comprehensive protection.
Erie
Best for homeowners in parts of the Mid-Atlantic, Southeast, or Midwest who want to work with an agent.
Pros:
- The standard provision for dwelling coverage includes guaranteed replacement costs.
- Provides enhanced water coverage.
- Discounts for bundled purchases range from 16% to 25%.
Cons:
- No option is available for online quotes or filing claims.
- Available exclusively in 12 states and Washington, D.C.
Chequepay Rating
Erie Insurance provides home insurance for homeowners in 12 states and the District of Columbia. Their standard homeowners policy includes guaranteed dwelling replacement cost coverage in most states, a rare feature among home insurance providers. This means that if your home needs to be repaired or rebuilt, Erie Insurance won’t factor in depreciation when determining the cost of the repairs or construction.
Erie’s homeowners insurance policy can be tailored with optional add-ons such as water backup, identity recovery, and service line protection. Additionally, coverage bundles are available, offering additional protections like equipment breakdown coverage.
Another coverage option available is Extended water coverage, which protects your dwelling, other structures, and personal property against water backup and certain types of flooding, such as inland flooding, storm surges, and mudslides. This coverage also includes up to $10,000 to reimburse you for preventative measures to safeguard your home from flooding. It’s important to note that this coverage does not satisfy the flood insurance requirements for those with federally backed mortgages who are mandated to purchase flood insurance.
Erie provides comprehensive home insurance coverage, but its selection of policy discounts is limited. One of the discounts available is the multi-policy discount, which can lead to savings ranging from 16% to 25%. While Erie’s website cites an average savings of 20%, the actual discount will vary based on individual policies and location.
It’s important to note that obtaining a homeowners insurance quote or filing a homeowners claim online is not possible with Erie. Instead, you will need to connect with a local Erie agent for these services.
Erie home insurance coverage
Erie provides a comprehensive homeowners insurance policy that includes a variety of coverage options typically offered at an additional cost by many competitors. The standard policy from Erie encompasses:
Dwelling Coverage
Dwelling coverage provides financial protection for repairing or rebuilding the main structure of your home and any attached structures. With Erie’s standard policy, you receive guaranteed replacement cost coverage, ensuring that you’re covered regardless of the actual rebuilding or repair expenses.
Other Structures
Remember that other structures coverage covers the cost of repairing or replacing structures on your property that are not connected to your home, like a deck, pool, fence, or detached building.
Personal Property
Personal property coverage helps pay for the repair or replacement of your belongings in your home, no matter where you are in the world, in case of a covered loss.
Personal Liability
Personal liability coverage comes into play when you are found responsible for causing injuries or property damage to others.
Medical Coverage
Guest medical coverage provides payment for medical expenses, up to the specified coverage limits, if an individual sustains an injury on your property or due to the actions of an insured individual, resident employee, or animal under the care of the insured.
- Guaranteed replacement cost coverage provides full financial protection for your home in the event of destruction or damage, disregarding depreciation factors. Availability may vary by state.
- Personal property replacement cost coverage compensates you for new items if your possessions are stolen or damaged.
- Coverage for pets is included, with a limit of $500.
- Erie’s standard homeowner policy includes protection for lost belongings, unlike many competitors who do not cover misplaced items.
- Special coverage is available for hard-to-replace documents, such as deeds and passports.
- If a local business shuts down, you can receive reimbursement for gift cards and gift certificates.
- Cash and valuable metals are insured up to a maximum of $500.
- This type of coverage offers peace of mind by ensuring that you can replace your home and belongings without financial loss.
- It is important to review your policy details, as coverage options may differ significantly between providers.
- Always check state regulations to understand the specific coverage available to you.
STATE AVAILABILITY
Erie’s homeowners insurance can be obtained in Washington, D.C., and twelve additional states: Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wisconsin.
Erie home insurance rates
Erie’s homeowners insurance policies come with standard features as well as some additional perks that provide extra value.
- Location: When determining insurance costs, the location of your home plays a significant role. Insurance companies consider factors like neighborhood safety, risk of natural disasters, population density, crime rates, and proximity to the nearest fire station when calculating premiums.
- Property value: The cost of your insurance can be influenced by the value of your property and the amount of coverage you have. If your home is highly valuable, insurers may charge higher premiums to account for the increased risk and potential higher replacement costs.
- Risk level: Insurance companies take into account various factors to assess risk. One of these factors is your credit score, which is used to evaluate the risk associated with insuring homeowners. Generally, individuals with higher credit scores are seen as less risky to insure compared to those with lower credit scores. companies will also review the number of claims you’ve previously filed. If there are many, there’s a good chance you’re likely to file more.
- Home features: It’s important to keep in mind that specific features in your home can impact your homeowners insurance premiums. For instance, amenities like swimming pools and trampolines may increase the risk of injuries, leading to higher premiums. Similarly, older plumbing and electrical systems could be more prone to breakdowns and potential property damage, impacting your insurance costs. Conversely, having a home security system can help mitigate the risk of insurance claims, potentially leading to lower premiums.
Erie home insurance Discounts
Erie offers a few discounts for policyholders that can help lower the total cost of home insurance. These discounts consist of:
Multi-policy: Get your home and car insured with Erie and enjoy savings of 16% to 25% on your homeowners policy.
Home protection: You can score a discount by having an automatic sprinkler system, burglar alarm, fire alarm, and smoke alarms set up.
Advanced quote: Get a discount for having an automatic sprinkler system, burglar and/or fire alarm, and smoke alarms installed.
Erie homeowners insurance offers discounts, but you might need to meet certain criteria to qualify, and the amount you save can differ. It’s a good idea to chat with an Erie agent to find out more about the discounts available and how much you could potentially save.
Erie home insurance Claims
Step 1: Start your claim
To initiate a home insurance claim, you may proceed with the following steps:
- Reach out to your local ERIE agent.
- Dial Erie Insurance at (800) 367-3743. In such circumstances, it is often beneficial to speak with someone directly, and we are available to assist you around the clock.
- If your claim pertains to theft or burglary, it is advisable to notify the police to file a report. Additionally, it is crucial to safeguard your home from further damage. For example, you might consider boarding up shattered windows, using buckets to collect water in areas with leaks, or covering damaged sections with plastic to prevent water intrusion. However, refrain from making any permanent repairs or disposing of items until your ERIE adjuster has assessed the damage.
Step 2: Contact your claims handler
After you have submitted your claim, a claims handler or property adjuster will reach out to you to discuss the specifics of your home insurance claim and the coverage provided by your policy. They will also conduct an inspection and assess the extent of the damages.
To facilitate a quicker resolution, it would be beneficial for you to:
- Compile a list and capture photographs or videos of the damaged areas in your home, addressing each room individually.
- Record pertinent information such as the brand name, manufacturer, serial number, and the approximate cost of any affected items.
Additionally, you may utilize ERIE’s convenient home inventory form to assist in documenting these details.
Step 3: Settle your claim
We aim to expedite the resolution of your home insurance claim. While the majority of claims are resolved promptly, those involving more significant damages may require additional time for processing.
As you collaborate with us to finalize your claim, please keep this information accessible:
- The number of your insurance policy along with the name of the insured as listed on the policy document.
- The reference number is associated with your claim.
- Contact information, including names, email addresses, and phone numbers, for both your insurance agent and claims handler, as well as any estimates, emails, and notes from phone discussions related to the claim.