Introduction
Erie Insurance Group is a small company that sells insurance through independent agents. It was founded in 1925 by H.O. Hirt and O.E. Westover, who wanted to start a car insurance company for the safety-minded driver. Today, Erie Insurance insures a million policies and operates in 12 states and the District of Columbia.”
Erie Insurance Group is a small insurance company that sells property and casualty insurance through independent agents. It was founded in 1925 by H.O. Hirt and O.E. Westover, who wanted to start a car insurance company for the safety-minded driver. Today, Erie Insurance insures a million policies and operates in 12 states and the District of Columbia.
If you’ve ever wondered how Erie Insurance works or what its business model is, read on:
History of Erie Insurance Group
Erie Insurance Group was founded in 1925 by R.P. Campbell, who was a farmer from Erie, PA. He started the company with $25 and a horse-drawn wagon to sell insurance door-to-door. Since then, Erie Insurance Group has grown into one of the top 100 property and casualty insurers in the United States based on direct written premium sales volume (DWRPSV). Today, EIG is still family owned with about 500 employees nationwide working for it across several locations including Eerie and Akron, Ohio; Indianapolis and Chicago; as well as Jacksonville Beach, Florida; Ft Lauderdale/Miami/Hollywood & Tampa Bay areas along with Tampa Bay area; Austin Texas area & Houston Texas area
Background
Erie Insurance Group is a small insurance company that sells property and casualty insurance through independent agents. It was founded in 1925 by H.O. Hirt and O.E. Westover, who wanted to start a car insurance company for the safety-minded driver. Today, Erie Insurance insures a million policies
Erie Insurance offers auto, home, business and life insurance that’s designed to protect you from losses that are beyond your control. If a loss does occur, the company will help you recover as quickly as possible to get back to normal life. The company’s headquarters is located in Eerie, Pennsylvania.
The company was started by Daniel McKeever in 1868 in Erie County, Pennsylvania. At its inception it had just $130 worth of assets but has grown into one of the largest publicly traded property-and-casualty insurance companies in America with over $30 billion worth of assets today. Erie Insurance Group employs more than 5500 people across nine states including New York and Florida
Like other insurance companies, it uses some common underwriting criteria including age, driving record and where you live to determine your rates. It also uses credit information obtained from Credit Karma to help decide whether or not to accept your application for insurance coverage and what your premium will be.
Erie Insurance Group is a small insurance company that sells property and casualty insurance through independent agents. It was founded in 1925 by H.O. Hirt and O.E. Westover, who wanted to start a car insurance company for the safety-minded driver (they both had seen too many bad accidents). Today Erie Insurance Group employs more than 3100 people at its headquarters in Erie, Pennsylvania; its network of more than 4500 independent agents across North America; and its claims service center in Canada that handles all claims from customers in British Columbia, Alberta and Saskatchewan provinces north of Montana border line
Benefits of Erie Insurance Group
Erie Insurance Group is a small insurance company that sells property and casualty insurance through independent agents. Erie Insurance was founded in 1925 by H.O. Hirt and O.E. Westover, who wanted to start a car insurance company for the safety-minded driver.
As you can see from the history above, this company’s focus on safety has been at its core since its founding nearly 100 years ago—and it’s something we still hold true today!
Conclusion
If you’re looking for an insurance company that will offer you a great policy for the right price, Erie Insurance Group is the one to go with. The company has been around since 1925 and continues to provide its customers with quality service and affordable rates. If you want more information about this business model or other similar companies then check out our website where there are many other helpful articles waiting for your reading pleasure!
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