I am a Erie Insurance Agent who also writes for other carriers and the comment saying that Erie cancels someone because of one claim is ridiculous and this comment must have been made by someone who has lost a lot of business to Erie.
In Addition,The service and family attitude The Erie shows its customers and claimants is a testament to the leadership of The Erie.
Among the companies I represent The Erie is leaps and bounds above the rest in every area from accounting and underwriting to claims and tech support to the District Sales Managers and Branch Managers
Erie Agents have a company to represent that has shown over the years that it really believes and lives by its motto of being above all in service and that applies to its Customers,Employee’s,Agents and Claimants
There is always someone a phone call away that is happy to help and lastly Erie Agents and customers know that we have the leadership at the very top that we can trust during these tough economic times.
Wall Street is a toilet.
We now ALL know that. They will B.S. you into oblivion to sell you securities which aren’t “secure”, not to mention the smoke & mirrors games they play so well.
Banks & insurance companies have been hurt & some have disappeared.
But part of Erie’s problem is the way they do business.
I speak from experience in seeing how they rate..-make that PRICE their auto.
Who do they think they are Esurance, or Unitrin
(yeah, look where they are now)
Erie throws aroung 250/500/100 , Full Tort & Stacked, like a drunk in free bar!
Get back to Underwriting for a profit, & Beware Wall Street
For all who don’t know it yet, we have NOT yet seen the end of the financial carnage
Sadly, more of it to follow
Sounds like Alan is not an Erie Agent but would like to be. If he were, he would know that Eire prices their products to make money on the insurance side, and they do consistantly. I am not surprised they lost so much in their portfolio given what transpired in the stock market and it begs the question, how did they compare with the industry as a whole? On a percentage basis I doubt seriously they took a bigger hit than many other carriers. They have a new CEO, first one in the company’s history hired from the outside, and I believe he will take them to new heights, even in this market.
Erie is know for their low risk tolerence on when a client has a claim. One claim and they get dropped like a Hot potato. Oh and I agree they do price stupid low.
You are correct, I am not an Erie agent, nor do I wish to be.
To jeff the cynic…I do not work for the company, I’m an independent agent who took on Erie mid-career. I concur with Ken B. with everything he says. I too represent other carriers but Erie is head and shoulders above them all in every respect.
did not drop us when our son totalled our brand new car about a month after we bought it. This was the third accident for my son with Erie in two years.
They did drop him and we had to sign a named driver exclusion. I had to beg and plead for Erie to put him back on the policy four years after the accidents as I needed him to drive to the hospital to pick up my husband. They finally relented and removed the named driver exclusion. Sticking with Erie.
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I am a Erie Insurance Agent who also writes for other carriers and the comment saying that Erie cancels someone because of one claim is ridiculous and this comment must have been made by someone who has lost a lot of business to Erie.
In Addition,The service and family attitude The Erie shows its customers and claimants is a testament to the leadership of The Erie.
Among the companies I represent The Erie is leaps and bounds above the rest in every area from accounting and underwriting to claims and tech support to the District Sales Managers and Branch Managers
Erie Agents have a company to represent that has shown over the years that it really believes and lives by its motto of being above all in service and that applies to its Customers,Employee’s,Agents and Claimants
There is always someone a phone call away that is happy to help and lastly Erie Agents and customers know that we have the leadership at the very top that we can trust during these tough economic times.
Wall Street is a toilet.
We now ALL know that. They will B.S. you into oblivion to sell you securities which aren’t “secure”, not to mention the smoke & mirrors games they play so well.
Banks & insurance companies have been hurt & some have disappeared.
But part of Erie’s problem is the way they do business.
I speak from experience in seeing how they rate..-make that PRICE their auto.
Who do they think they are Esurance, or Unitrin
(yeah, look where they are now)
Erie throws aroung 250/500/100 , Full Tort & Stacked, like a drunk in free bar!
Get back to Underwriting for a profit, & Beware Wall Street
For all who don’t know it yet, we have NOT yet seen the end of the financial carnage
Sadly, more of it to follow
Sounds like Alan is not an Erie Agent but would like to be. If he were, he would know that Eire prices their products to make money on the insurance side, and they do consistantly. I am not surprised they lost so much in their portfolio given what transpired in the stock market and it begs the question, how did they compare with the industry as a whole? On a percentage basis I doubt seriously they took a bigger hit than many other carriers. They have a new CEO, first one in the company’s history hired from the outside, and I believe he will take them to new heights, even in this market.
Erie is know for their low risk tolerence on when a client has a claim. One claim and they get dropped like a Hot potato. Oh and I agree they do price stupid low.
You are correct, I am not an Erie agent, nor do I wish to be.
I guess their pricing is only considered stupid by the competition.
How long have you worked for the Company, Dan?
To jeff the cynic…I do not work for the company, I’m an independent agent who took on Erie mid-career. I concur with Ken B. with everything he says. I too represent other carriers but Erie is head and shoulders above them all in every respect.
did not drop us when our son totalled our brand new car about a month after we bought it. This was the third accident for my son with Erie in two years.
They did drop him and we had to sign a named driver exclusion. I had to beg and plead for Erie to put him back on the policy four years after the accidents as I needed him to drive to the hospital to pick up my husband. They finally relented and removed the named driver exclusion. Sticking with Erie.