ERIE Customers with personal or commercial auto insurance policies will soon receive dividends, providing additional financial relief in response to the impacts of the coronavirus pandemic. Dividend checks will be mailed directly to auto insurance Customers in all states and the District of Columbia in mid-May. The dividends, announced today, will provide ERIE auto Customers $200 million in additional, immediate relief.
This dividend payout will be paid to personal and commercial auto (fleet and non-fleet) insurance Customers with policies in force as of April 1, 2020. The dividend payout represents about 30 percent of two months’ auto insurance premium for an eligible Customer. That translates to 5 percent of a Customer’s annual premium.