Erie Life Insurance Company Review

Advertiser Disclaimer

Certain links on this page will refer you to products we might recommend. This creates no additional cost to you, and helps provide us an income so we can continue to bring valuable information to your fingertips. For more information on how we're paid, click our link below.
Full Disclosure

Erie Life Insurance Company offers high levels of term and permanent coverage to applicants, as well as simplified underwriting. However, availability is limited to a handful of states and there may be more affordable options.

A.M. Best


Standard & Poor’s




The Good

  • Financial security
  • Additional products
  • Non-med coverage available
  • Convertibility
  • High coverage levels

The Bad

  • Only available in some states
  • Vague policy information online
  • No online quotes
  • Average rates

Product Availability

Policy Types
  • Term
  • Universal
  • Whole
  • Accelerated death benefit
  • Children’s term
  • Guaranteed insurability
  • Long term care

Review Breakdown





Financial Strength


User Experience


Product Availability





The consideration at the forefront of most life insurance shoppers’ minds is cost.

While a company may be financially sound and offer the coverage you need, it may not provide you with the lowest rates.

As such, it’s important to compare quotes from multiple providers to lock in the lowest rates.

Erie Insurance does not provide online quotes for life insurance, instead connecting you to a local agent to get more information.

Overall, Erie’s rates are close to the industry average. While they aren’t extremely overpriced, you may be able to find lower rates from another carrier.

Financial Strength

Cost isn’t the only crucial factor to consider when you buy a policy.

You also need to make sure you’re purchasing coverage from a company that is capable of paying out its claims.

To assess Erie insurance Group’s solvency, we can look at their performance.

Erie Insurance Group has more than $25 billion in assets and over $1.1 billion in profits.

Erie’s financial performance is strong, but it’s also important to look at the company’s credit ratings, which measure its ability to follow through on financial obligations.

Erie is only rated by one of the major bureaus, which negatively impacted our financial strength score.

However, A.M. Best gave the company an overall mark of “A,” which signifies superior financial strength.

Based on all of the considerations above, Erie Insurance Group is a financially stable company you can count on.

User Experience

You can’t spell service without Erie, as the Erie Insurance Group reminds customers on its website.

The company uses the mantra The ERIE is Above all in SERVICE, but does their tagline ring true?

We’ve analyzed customer reviews, as well as Erie’s own website and application process to make the call.


The Erie Insurance Group is not an accredited member of the Better Business Bureau (BBB).

Nonetheless, the BBB gives Erie an “A+” rating, the highest possible score for customer experience.

Erie Insurance was not featured in the J.D. Power individual life insurance survey, which includes the best carriers in the country based on customer satisfaction.

However, J.D. Power did name Erie Insurance as the top auto insurance company in its region.


Erie’s website is easy to use and provides a basic overview of who the company is and what it has to offer.

You can quickly access transparent financial reports and get an overview of the company and its values.

The company also discloses its policy offerings but does not share many specific details about policy features.

The site does offer a life insurance calculator, but it does not provide instant quotes.

Policyholders can access their policy information and make payments online, but the site encourages them to contact their local agent to make most changes.


To apply for life insurance from Erie Insurance Group, you must contact a local agent.

If you are in one of the states Erie serves, you can work with an agent to complete the application process.

For a fully underwritten policy, you will be required to complete an interview, responding to questions about your health and coverage needs.

You will also be required to submit to a medical exam.

Depending on your age, health, and the amount of coverage you need, you may be able to skip the exam, getting insured after answering a few simple questions.

Product Availability

Erie Insurance Group offers term, universal, and whole life insurance, with some simplified products.


Term life insurance is designed to protect policyholders for a set amount of time as opposed to their entire life. 

Erie Life Insurance offers plans ranging from 5 to 30 years.

These policies come with level face amounts for the policy and premium payments.

If you’d like to avoid the medical exam and are eligible to, you can get up to $500,000 of coverage with Eriexpress Life.


Universal life insurance offers the low-cost protection of term life, with the savings and permanence of whole life.

The combination of payment flexibility and adjustable coverages makes it a popular option among policyholders.

Beyond its flexible payment options, universal life insurance comes with guaranteed interest rates, level death benefits, and cash value.

Additionally, the policy loan has the potential to be tax-free. It can also last for a specified time or someone’s entire life.


As the name suggests, whole life insurance from Erie Life is meant to last for your entire lifetime.

Among the many features of whole life insurance is the ability to lock in premiums, regardless of changing health conditions.

Policyholders are also guaranteed their life insurance protection will never decrease and have a guaranteed cash value.

With Erie, you can choose from several payment options to fit the policy to your needs.

Erie’s whole life application is simple and straightforward, and you may be eligible for simplified underwriting.


Erie Life Insurance is a publicly traded insurance company and part of the Erie Insurance Group.

Originally called the Erie Insurance Exchange, the company was launched in 1925 by two Pennsylvania businessmen, H.O. Hirt and O.G. Crawford.

Both worked at Pennsylvania Indemnity Exchange but were unhappy with the conditions and the pay.

Nearly a century later, the company has more than 13,000 agents across several states.

Erie Insurance also has over 6 million policies in force across all of their insurance branches.

The size of this Fortune 500 company goes hand-in-hand with its financial strength.

Currently, Erie is among the top 21 largest insurers in the United States.

Erie Insurance offers several additional products, including auto, business, and home insurance, as well as annuities and retirement accounts.

Erie’s life products are available in the following states, along with Washington D.C.:

  • Illinois
  • Indiana
  • Kentucky
  • Maryland
  • New York
  • North Carolina
  • Ohio
  • Pennsylvania
  • Tennessee
  • Virginia
  • West Virginia
  • Wisconsin


Erie Insurance also has a giving network centered on community building, safety, and environmental responsibility.

This network allows employees to build homes, tutor students, and feed local families.

At Erie, over 400 employees serve on the boards of various nonprofits.

In 2020, Erie matched more than 12,000 employee donations, and the company gave to 906 charities.

Brand Recognition

Erie is a relatively well-known brand in the region it serves, but individuals outside of its area of service may not be familiar with the brand or its products.

The company does use social media to interact with customers, reaching a wide audience of followers.

Erie Insurance has active accounts on:

  • Facebook
  • Instagram
  • Twitter
  • Youtube


To gauge the consensus surrounding Erie Life, we’ve assessed ratings and reviews from other industry experts.

Generally, Erie is regarded as a solid company with a lot to offer to life insurance shoppers.

With its quick online application and no exam coverage, Erie caters to a wide variety of clients looking for quick online coverage.

With that being said, it isn’t typically listed as one of the best life insurance companies and fell short on our list as well.

While Erie is on the right track, it may not be the most affordable option or offer you the amount of coverage you need.

As you consider all of your life insurance options, be sure to take a few moments to compare quotes.

Erie Life Insurance Company Review

(800) 458-0811
100 Erie Insurance Place
Erie, PA 16530

Company Name (and subsidiaries)

  • Erie Indemnity Co.


Jason Fisher

Jason Fisher is the founder and CEO of, LLC. and a multi-state licensed life insurance agent who has helped over a million Americans seek out affordable coverage, compare quotes, or get their family and businesses covered.