Erie Insurance Group: Comprehensive Overview: Business Scope, Service Advantages, and Website

Headquartered in Erie, Pennsylvania, Erie Insurance Group is a property and casualty insurance company offering auto, homeowners, commercial, and life insurance through a network of independent agents. As of 2021, Erie Insurance Group ranked 347th on the 2021 Fortune 500 list based on fiscal year 2020 revenue.

Rated A+ (Excellent) by AM Best, Erie has over 6 million policies in force and operates in 12 states and the District of Columbia, including Illinois, Indiana, Kentucky, Maryland, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wisconsin. The company also holds the naming rights to Erie Insurance Arena in downtown Erie, Pennsylvania.

The Erie Insurance Exchange was founded in 1925 when two salesmen from the Pennsylvania Indemnity Exchange, H.O. Hirt and O.G. Crawford, resigned to start their own insurance company. In three months and twenty days, armed with a handwritten business plan, they successfully persuaded 90 shareholders to invest, raising $31,000 and establishing their own automobile insurance company.

The Pennsylvania Department of Insurance granted the Erie Insurance Exchange an automobile insurance company charter, and operations began on April 20, 1925. The Erie Insurance Exchange was initially a mutual insurance company, with the Erie Indemnity Company serving as its management company. The annual premium per automobile was $34.

Company Name: Erie Insurance Group, Inc.

Official Domain: erieinsurance.com

Domain Creation: May 14, 1998

Country: United States

Headquarters: Erie, USA

Founded: 1925.