Erie Auto Insurance won’t offer state minimum coverage. I’m a 25-year-old male planning to move to the NYC area soon. I received a quote from Erie Auto Insurance, but they refuse to adjust my coverage to the state minimums. For instance, my liability coverage is set at 50/100 with a property damage limit of $100k, but I want to switch to 25/50 and a $10k property minimum. The same situation applies to uninsured/underinsured motorist coverage, which is also at 50/100. Additionally, I’ve noticed an optional basic economic loss included in the quote that I can’t seem to remove, even though I believed it was optional. The agent explained that they can’t lower the limits because “these are the standard limits we keep for everyone.” Is this typical, or are they just trying to keep my costs higher?
Erie Auto Insurance won’t change to state minimum.
It sounds frustrating to deal with insurance policies that don’t offer the flexibility you’re looking for, especially when you’re trying to save money. Erie Auto Insurance may have standard policies that they impose on all their customers to ensure a certain level of coverage, which is fairly common among insurance companies. This can be particularly true in areas with higher risks like NYC, where they may prefer maintaining higher coverage limits to mitigate potential claims.
While it may feel like they’re pushing you to pay more, it’s often a strategy to ensure that their clients have adequate protection, especially in a dense urban area where accidents can lead to significant financial losses. As for the optional basic economic loss coverage, it’s possible that state regulations require certain features to be included in policies offered in that area.
If you’re looking for lower premiums or minimum coverage options, it might be worth shopping around with other insurers that have more flexible policies. Just ensure that you fully understand the coverage you need based on your circumstances, especially in a major city like NYC. Comparing quotes from different companies might help you find a policy that fits your budget while still providing the coverage necessary for your protection.