Erie Insurance announced its entry into the Kentucky market, offering auto, home and life insurance to residents of the state.
This marks the first geographic expansion by the company in more than 10 years. The company offers insurance through independent agents in 11 other states and the District of Columbia.
To prepare for its Kentucky launch, the company established a corporate office in Lexington and worked with independent insurance agents to open 24 new agencies throughout the state. Approximately 16 more agencies will open by the end of the year for a total of 40, and additional new agencies are planned for 2015.
In addition to car, home and life insurance, ERIE will also offer personal catastrophe liability insurance similar to umbrella insurance.
Source: Erie Insurance
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