Erie vs. Hastings Mutual Insurance

Which insurance company is right for you? Compare plans, savings, and quotes from Erie and Hastings Mutual.

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Erie vs. Hastings Mutual: What You Need to Know

Erie Insurance Exchange was founded in 1925 by H.O. Hirt and O.G. Crawford, in the city of Erie, Pennsylvania. H.O. Hirt hoped to create a company based on superior service using the mantra, “The ERIE is Above all in sERvIcE,” with the letters "E-R-I-E" raised in capitals out of the word“service.” It still remains the company tagline today. Three years after being established, the company was doing so well that it expanded its business by opening its first office outside Erie, in Pittsburgh. By 1934, the company created the “Super Standard Auto Policy,” which was used as a model for other insurance companies across the country. The company later expanded its product portfolio into a home, business and in the year 1967, Erie Family Life Insurance Company was formed, offering life insurance to consumers. Erie Indemnity Company was registered with the Securities and Exchange Commission in 1994 and in the following year it was listed on NASDAQ. Today, Erie Insurance Company ranks number 381 on the 2019 FORTUNE500® list and has over 5,000 employees and 12,000 independent agents. Also, the company ranks highest among auto insurers in providing a satisfying purchase experience, with a score of 917 (on a 1,000-point scale).

Hastings Mutual Company was founded in 1885 as Michigan Mutual Tornado, Cyclone and Windstorm Insurance Company to help protect local residents against the tornados that had destroyed small communities of Hastings and other parts of Michigan. The company continued to grow over the years and expanded its business.

Below is a list of average rates, rankings, products, and discounts for the two companies. For full company overviews, you can visit Erie Overview and Hastings Mutual Insurance Co Overview.

Erie vs. Hastings Mutual Insurance Co: How much are the Average Rates?

Below is a list of the average rates that drivers typically pay with Erie and Hastings Mutual Insurance Co. On average, Erie charges approximately $130.93 per month while Hastings Mutual Insurance Co comes in at around $157.10 per month. For Erie, the cheapest state average is Pennsylvania at $97.57 per month and the most expensive is New York at $138.32 per month. For Hastings Mutual Insurance Co, the cheapest state average is Illinois at $128.52 per month and the most expensive is Michigan at $159.04 per month.

Erie

Average Rate

$130.93
Hastings Mutual Insurance Co

Average Rate

$157.10
National

Average Rate

$133.56
State Erie Hastings Mutual Insurance Co
Illinois- $128.52
Michigan- $159.04
New York $138.32 -
Pennsylvania $97.57 -

Erie vs. Hastings Mutual Insurance Co: Rates by Number of Vehicle

Home

Drivers will typically get a discount if they insure multiple vehicles. Here is a list of average rates that Erie and Hastings Mutual Insurance Co typically charge for drivers who have more than 1 vehicle.

Number of Vehicles Erie Hastings Mutual Insurance Co
2 Vehicles $126.65 $187.74
1 Vehicle $131.20 $154.93

Erie vs. Hastings Mutual Insurance Co: Rates by Homeownership

Home

Drivers who own their home rather than rent can sometimes get a small discount. We found that on average Erie charges $119.19 per month and Hastings Mutual Insurance Co charges $146.90 per month for customers who own their home.

Own/Rent Erie Hastings Mutual Insurance Co
Own $119.19 $146.90
Rent $132.79 $159.94

What is Erie and Hastings Mutual Insurance Rating?

Which car insurance company is better? We've made it easy to compare companies side by side. See how Erie and Hastings Mutual ranked among the industry ratings.

ComparisonErieHastings Mutual
Year Founded19251885
Market Share1.29%0.2% (2018)
BBB RatingA+
Financial StrengthExcellentExcellent
JD Power RankingAbove Average
NAIC Complaint Ratio0.22

Erie or Hastings Mutual: Insurance Products Offered

What coverage is available through Erie and Hastings Mutual? Both insurance companies offer Auto, Commercial, Condo, Home, Renters, and RV insurance. Additional products from Erie insurance also includes Health, Life, and Motorcycle insurance. Considering these two top insurance providers? Check out the list below. To view a full list of products that are available, visit Erie and Hastings Mutual Insurance Co Insurance page.

InsuranceErieHastings Mutual
Auto Insurance
Commercial Insurance
Condo Insurance
Farm Insurance
Health Insurance
Home Insurance
Life Insurance
Motorcycle Insurance
Renters Insurance
RV Insurance

Erie or Hastings Mutual: Ways To Save

Hastings Mutual offers a wide range of discounts to its policyholders, including Claim Free, Defensive Driving, and Good Student discounts. In contrast, Erie also offers a few discounts that Hastings Mutual doesn’t include Young Driver Loyalty, Teen Driver, and Student discounts. Start taking advantage of discounts offered by insurance providers like Hastings Mutual and Erie insurance and save yourself some money. You can review the full list of discounts that these two companies offer below.

ErieHastings Mutual
Advance Quote DiscountAway at School Discount
Age 55 DiscountClaim Free Discount
Driver Training DiscountDefensive Driving Discount
Multi-Policy DiscountGood Student Discount
Multi-Vehicle DiscountMulti-car Discount
New Vehicle DiscountMulti-policy Discount
Paid in Full DiscountPaid in Full Discount
Prior Bodily Injury Limits (BIL) DiscountPaperless Bills Discount
Reduced Usage Discount
Safe Driver Discount
Safety Features Discount
Student Discount
Teen Driver Discount
Young Driver Loyalty Discount

Pros & Cons of Erie & Hastings Mutual

Pros

Erie
  • Erie Insurance is well-known for its competitive price and excellent claims service.
  • It has fewer customer complaints than the industry median, relative to its size.
  • Offers 12-month premium quotes
  • Multiple discounts available
  • It locks in your auto insurance rate, so your premium won’t change unless you add or remove drivers or cars.
Hastings Mutual
  • Hastings Mutual Company focuses on providing A+ customer service and promoting strong relationships with its customers.
  • Established history: the company has 130 years of service and has built a good reputation among its customers.
  • It has affordable rates.
  • Offers Multi-Policy discounts.

Cons

Erie
  • It doesn’t accept claims online, only by phone.
  • It offers its products in only 12 states.
Hastings Mutual
  • Limited service: coverage is available in only 6 midwestern states across the US.
  • It doesn’t offer an online application, you need to call an agent for a quote.

Erie or Hastings Mutual Mobile Apps Options

The Erie Insurance mobile app is available for iOS and Android.

Erie Mobile App
iOS     3.318 user reviews
Android     3.819 user reviews
Hastings Mutual Mobile App
Hastings Mutual does not currently have a mobile app.

Erie & Hastings Mutual Contact Info

Erie Contact Info
Address100 Erie Insurance Place, PA 16530
Phone1-800-458-0811
Websitehttps://www.erieinsurance.com/
Facebookhttps://www.facebook.com/erieinsurance/
Twitterhttps://twitter.com/erie_insurance
Youtubehttps://www.youtube.com/user/ErieInsurance
Linkedinhttps://www.linkedin.com/company/erie-insurance-group/
Hastings Mutual Contact Info
Address404 E. Woodlawn Ave. Hastings, MI 49058
Phone1-800-442-8277
Websitehttps://www.hastingsmutual.com/
Facebookhttps://www.facebook.com/HastingsMutual/
Linkedinhttps://www.linkedin.com/company/hastings-mutual-insurance-company/

Methodology
The statistics listed on this page are from our own in house reporting. We track and record quotes that carriers have provided based on various criteria. The rates and averages shown on this page should only be used as an estimate.

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