Anyone Write for Erie?

[df78]

Does anyone write for Erie and what are your opinions about them.

 

[df78]

nobody writes for Erie?

 

[xrac]

I don't do P&C but I have a friend who writes for Erie. I understand that they are a good competitive company in the states they are in.

 

[superdave45040]

I've been an ERIE (and independent) agent for 6-months. What would you like to know?

 

[1manshow]

24 years with Erie, few rough spots but even a bad day with Erie is better than most good days with other carriers. FYI, I also have Hartford, Farmers, Travelers, Safeco and Donegal so I've got a pretty good feel for other carriers

 

[Gulliver]

Erie is one of the best. No fear

Gulliver

 

[justcurious1]

how does the erie contract compare to that of a captive? I have read in previous threads that erie wants first right, but does that mean that you can only write with another company if erie does not want the business or can you write with another company if you can find a lower premium? also with erie do you own the business and can you sell or give it to one of your children when you plan to retire?
what are there production requirements? and are there new business requirements every year or do the requirements go away once you have a established a sizeable book of business? any insight that you can provide would be greatly appreciated!

 

[1manshow]

It's a independant contractor arrangement basically, much like all the other IA contracts. You own the business, minimal production requirements... but.... they want the "cream" agentsthe ones who don't worry about production requirements

 

[justcurious1]

I have not reviewed any IA contracts yet, I am with a captive (which I am now finding was a huge mistake) that is why I was asking about the production etc etc...so any insight you can provide would be greatly appreciated.

 

[1manshow]

My insight....If you can get an Erie contract you won't need to worry about other carriers right away...Erie will "earn" the business and your close rates will be high. When you start doing high volume quotes and need another mouth to feed then you might want another carrier. When you do, don't expect any grief from Erie, they know you'll learn from your mistakes


You won't find too many carriers that will compare to Erie's level of service to yourself(agent) and to your clients. I've said it before, I write with several other very good companies and would still like to write everything with Erie because of ease of doing business.