Getting an Erie Insurance full coverage policy means you’ll get up to six coverage types, depending on the rules in your state. Full coverage insurance will include, at a minimum, liability insurance, collision coverage, and comprehensive coverage. But it might also include personal injury protection and uninsured/underinsured motorist coverage, depending on the options you select and your state’s requirements.
If you’re looking to cut back on your budget, you might be tempted to choose the cheapest car insurance
policy available—which would be your state’s minimum liability insurance requirements. But that’s not necessarily the best option, because it can leave you and your car unprotected. To keep you and your car safe, and to cover any liabilities you encounter, Erie Insurance offers a full coverage car insurance
policy that includes collision insurance and comprehensive coverage, plus more. Check out this guide to see if a full-coverage Erie Insurance policy is the right one for you. What does Erie Insurance full coverage insurance cover?
First, let’s break down what exactly “full coverage” insurance actually means. Full coverage
is not a specific policy you can go out and buy. It’s a blanket term that’s used to indicate to your vehicle’s auto loan
financier that you have at least the minimum amount of insurance necessary to protect their investment and loan. Here’s a rundown of what people are referring to when they use the term “full coverage,” and the coverage types included:
Liability insurance:
This kind of insurance is required in nearly every state. It doesn’t do anything to protect you or your car, but it does cover expenses that other drivers or property owners encounter if you’re at fault.Collision insurance:
Erie Insurance collision coverage will pay to repair or replace your car after a collision, and it likely entails a deductible. Comprehensive insurance:
This coverage will pay to repair or replace your car if it’s damaged by a non-collision incident, such as theft, vandalism, weather damage, fire, or other disasters. It will also require a deductible.
Full coverage from Erie Insurance
will include those three insurance types. And, a full coverage policy might include more, depending on what you opt into or what’s required in your state. For instance, some states require personal injury protection (PIP)
and uninsured/underinsured motorist coverage
. Even if those coverages aren’t required where you live, you can typically elect to include them in your full coverage policy.
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Does full coverage really cover everything?
Although full coverage insurance is a good protection for you, your vehicle, and your lender—not to mention any liabilities you may face—it doesn’t cover everything.
Full coverage is just a term that indicates your insurance goes above and beyond liability, and will indeed pay to cover your expenses in many, but not all, circumstances. There are coverage types you can add for a more inclusive policy, and Erie Insurance offers some complimentary perks for expenses you might not expect.
The bonus coverage types built into an Erie Insurance policy include:
First accident forgiveness, which is applicable after three claim-free years
Waived deductible for windshield repair, if you elect for repair rather than replacement
Pet injury coverage, to pay for veterinary expenses in a covered accident
Travel expense coverage if your vehicle is undrivable due to a covered accident
Accident site roadside assistance
It’s a pretty robust package, but there are still additional coverage types you should consider to protect yourself and your investment. Look over the table below to learn about additional insurance types that Erie offers.
Other types of Erie Insurance auto coverage
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| If you’re in an accident with a driver who has inadequate coverage, or even no insurance at all, or you fall victim to a hit-and-run, uninsured or underinsured coverage can kick in to help with your medical expenses. Without it, you may be stuck paying out of pocket. |
| Erie Insurance medical payment coverage will pay for your medical expenses, and those of your passengers, even if you’re at fault in an accident. It also covers funeral expenses. |
| Erie Insurance refers to this coverage as no-fault insurance. It will cover medical expenses and, in some states, lost wages if you’re in an accident. It is guaranteed to cover you, regardless of who caused the injury. |
| If you have an unexpected mishap that leaves your covered vehicle stranded, such as a flat tire or an engine problem, Erie Insurance will send someone to help. |
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Besides car coverage, Erie Insurance offers lots of other products, including insurance for boats, homes, and property, as well as businesses, flood, and life insurance.
Is full coverage from Erie Insurance worth it?
If you have a clean and clear driving record and decent credit, you can probably get full coverage auto insurance from Erie at a price that’s worth the protection. However, you should also at least compare car insurance quotes online
before committing to a policy from Erie. You may find a better rate from a different provider. If you’re still paying off your vehicle, you probably don’t have any choice but to get full coverage, as a requirement for your auto loan
. That’s to protect your provider from the loss on your loan. Once your loan is paid off, you can drop full coverage, but many drivers find that it’s worthwhile to keep, at least until the vehicle’s value diminishes
substantially. Benefits of full coverage Erie Insurance
A few perks to buying full coverage from Erie include:
Keeping your lender happy and satisfying your requirements for your lien
Confidence that your car is covered in most circumstances
Considerate customer perks, like pet coverage and waived deductibles in certain circumstances
Drawbacks to full coverage Erie Insurance
While there are plenty of good things to say about Erie Insurance full coverage auto insurance, there are a few drawbacks, including:
Higher cost for full coverage than basic liability
Rising premiums after a claim
Required deductibles for certain claims
Erie Insurance isn’t available in all states
While Erie Insurance offers a great value on its coverage, it’s not available to everyone. You can only get Erie Insurance if you live in Illinois
, Indiana
, Kentucky
, Maryland
, New York
, North Carolina
, Ohio
, Pennsylvania
, Tennessee
, Virginia
, West Virginia
, and Wisconsin
. It’s also available in Washington, D.C. Does Erie have the best full coverage auto insurance?
Erie Insurance has been around for nearly 100 years, and it has great ratings and reviews from third-party organizations. It maintains an A+ rating from the Better Business Bureau, J.D. Power scores it at 4.3 out of 5, it made the Best Insurance Companies list from Forbes in 2022, and it holds an A+ score from the credit rating agency AM Best.
That’s a lot of accolades for an insurance company, but does that mean it offers the best full coverage policy for you? Maybe, or maybe not. You might find a policy better suited to your needs, at a price better aligned with your budget, from another provider. That’s why it’s a good idea to compare car insurance quotes
from other providers before you settle on a policy. Further, Erie Insurance might not be available where you live, because it’s only offered in 12 states and Washington, D.C.
To compare policies against Erie’s, check out comparable providers like Metlife
, Allstate
, and State Farm
. The bottom line
With good credit and a good driving history
, you can get decently-priced full coverage insurance from Erie, as long as you live in one of the 12 states it serves or Washington, D.C. However, if you live outside that area or your driving record and credit score
aren’t great, it’s a good idea to shop around. FAQs