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Car Insurance Cost Estimator

Erie Insurance vs State Farm

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Erie Insurance and State Farm compared on financial strength, satisfaction, market share and state-guide prices.

Compared side by side

Erie Insurance logo
State Farm logo
Erie InsuranceState Farm
US market share rankNot published1st (18.7%)
J.D. Power satisfaction4 of 4 regions above average9 of 11 regions above average
AM Best ratingA (Excellent)A+ (Superior)
Discounts listed on its site43
Safe-driving appYourTurnDrive Safe & Save

Source: AM Best press release (news.ambest.com); J.D. Power 2026 U.S. Auto Insurance Study press release.

Which one costs less

Where both companies sell, state rate guides priced 55 profiles, and Erie Insurance came out cheaper in 28 of those 55.

How much you pay can differ, since the two insurers weigh age, record and car in their own ways.

State (adult, clean record)Erie Insurance a yearState Farm a year
Maryland$4,108$3,574

Source: Maryland Insurance Administration: Auto Insurance: A Comparison Guide to Rates (As of August 2026).

Two car insurance quotes only compare fairly with the same coverage limits and deductible

First written