Erie Insurance vs Progressive: Homeowners Insurance Coverage Comparison
A coverage-first, independent comparison of Erie Insurance and Progressive — based on public policy forms and carrier disclosures, not premiums or marketing. Coverage details vary by state and change frequently; confirm at bind.
Information reflects public sources as of January 2025.
At-a-glance comparison
| Coverage feature | Erie Insurance | Progressive |
|---|---|---|
| Carrier structure | Reciprocal | Stock |
| Distribution | Independent agents | Hybrid (multiple channels) |
| AM Best rating | A+ | A+ |
| States written | Erie writes in 12 states plus D.C., concentrated in the Mid-Atlantic and Midwest. | All 50 states |
| Policy form | Proprietary form | Varies |
| Roof settlement (default) | Varies by state | Varies by state |
| Wind/hail deductible | Varies by state | Varies by state |
| Water backup | Available as endorsement | Varies by state/program |
| Ordinance or law | Included (standard) | Varies by state/program |
| Service line | Available as endorsement | Varies by state/program |
| Equipment breakdown | Available as endorsement | Varies by state/program |
| Extended replacement cost | Included (standard) | Varies by state/program |
| Guaranteed replacement cost | Included (standard) | Varies by state/program |
| Online quote | ||
| Mobile claims app |
Coverage breakdown
Policy form
Erie Insurance: Erie's standard homeowners product (ErieSecure Home) bundles guaranteed replacement cost on the dwelling in most states.
Progressive: Progressive's homeowners product is underwritten by partner carriers through its Property Brokerage; the underwriting carrier and form vary by state.
Why it matters: the policy form is the contract. Two carriers can both call a product "homeowners insurance" and have meaningfully different definitions of "covered peril," "actual cash value," and how losses are settled.
Roof settlement
Erie Insurance: Erie's standard product historically pays replacement cost for the dwelling, but specific roof endorsements and ACV schedules apply in some states. Confirm at bind.
Progressive: Because the underlying carrier varies by state, roof settlement basis varies as well. Confirm with the actual underwriting carrier at bind.
Why it matters: on a 15-year-old asphalt roof, an ACV or schedule-by-age settlement can leave the homeowner with five-figure out-of-pocket costs after a hailstorm. Read more about RCV vs ACV.
Wind / hail deductible
Erie Insurance: Varies by state and program.
Progressive: Varies by state and program.
Why it matters: percentage deductibles (1%–5% of Coverage A) are common in hail- and hurricane-prone states. On a $500,000 dwelling, a 2% wind/hail deductible is $10,000 — the first $10,000 of any wind or hail loss.
Water backup
Erie Insurance: Available as endorsement
Progressive: Varies by state/program
Ordinance or law
Erie Insurance: Included (standard)
Progressive: Varies by state/program
Which policy fits which homeowner
We don't rank carriers. The right choice depends on your home, your roof, your state, and the specific endorsements you add. A few coverage-driven considerations:
- If you have a roof over 10 years old, the roof settlement basis matters more than the premium difference.
- If you live in a hail- or hurricane-prone state, check the wind/hail deductible structure on both quotes.
- If your home was built before 1990, default 10% ordinance or law coverage is often insufficient — ask about higher limits.
- If you have a finished basement, sump pump, or septic, water backup coverage is worth pricing on both quotes.
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Get a quoteFAQs
Is Erie Insurance or Progressive better for homeowners insurance?
Neither carrier is universally "better." The right policy depends on your home's age, your roof, your state, and the specific endorsements you add. Erie Insurance uses proprietary form; Progressive uses varies. Compare them on roof settlement basis, wind/hail deductible, water backup, and ordinance or law — not just premium.
What's the main coverage difference between Erie Insurance and Progressive?
The biggest practical differences are usually (1) how roof losses are settled (replacement cost vs actual cash value vs payment schedule by age), (2) whether wind/hail uses a flat or percentage deductible, and (3) which endorsements are included by default vs sold as add-ons. Erie Insurance offers as an endorsement water backup; Progressive offers as an endorsement it.
Does Erie Insurance or Progressive cover roof replacement?
Both carriers cover roof damage from covered perils, but the settlement basis varies by state and program. Erie's standard product historically pays replacement cost for the dwelling, but specific roof endorsements and ACV schedules apply in some states. Confirm at bind. Because the underlying carrier varies by state, roof settlement basis varies as well. Confirm with the actual underwriting carrier at bind.
Is Erie Insurance or Progressive cheaper?
We don't quote premiums on this page because they vary dramatically by state, home characteristics, prior claims, and credit. The more useful question is which policy actually pays out the way you expect after a claim — which is what coverage form differences determine.
Is Erie Insurance a good company?
Erie Insurance holds an AM Best rating of A+ and has a limited footprint. Financial strength matters, but coverage quality and claims experience matter more at claim time. Read the actual policy form and endorsement list before binding.
Sources & methodology
Coverage details above are drawn from the carriers' public-facing product disclosures and policy summaries. Policy forms, endorsements, and roof settlement schedules vary by state and change frequently. The summaries here are not policy advice and are not a substitute for reading the actual policy you are offered.
Erie Insurance Exchange and Progressive are trademarks of their respective owners. RateMyPolicy is not affiliated with, endorsed by, or sponsored by either carrier listed on this page. This page is for general informational purposes only and does not constitute insurance advice. Coverage terms are governed by the actual policy issued.