Erik L Anderson
Erik L. Anderson Insurance Agency is a privately held independent insurance agency in Essex, Maryland, distributing personal and commercial insurance lines to consumers and small businesses in the Baltimore metro as an appointed agent for carriers including Safeco Insurance.
- Company typePrivate
- Founded1947
- HeadquartersEssex, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What Erik L Anderson does
Erik L. Anderson Insurance Agency is a privately held independent insurance agency operating from a single storefront at 823 Eastern Boulevard in Essex, Maryland. The firm is owned by Erik L. Anderson and serves individual consumers and small-to-mid-size businesses in the Baltimore metropolitan area, distributing both personal lines (auto, homeowner, life, boat, renters, condo, motorcycle, personal umbrella, flood, and antique car insurance) and commercial lines (business, commercial liability, commercial auto, commercial property, commercial umbrella, bonds, and workers' compensation). Safeco Insurance, a member of Liberty Mutual Group, is the prominently featured carrier partner on the agency's website.
The agency operates with no proprietary technology stack, mobile app, or API; its digital footprint consists of a standard agent-template website, a mobile-optimized site, an online service center for claims, payments, and policy management, and social media profiles on Facebook and Twitter. New business is generated through free online quote requests, phone-based sales (410-686-5400), walk-in traffic at the Essex office (open approximately 38 hours per week including Saturday morning), and a 'Refer a friend and receive a free gas card' referral program. An active blog/news section dating back to at least 2011 provides ongoing content marketing for organic search.
The agency earns revenue exclusively through standard insurance carrier commissions on policies sold and renewed, with no disclosed pricing tiers or premium volume. There are no external investors, parent company, subsidiaries, patents, certifications, or regulatory actions disclosed in the available data, and the firm's operating structure is consistent with a founder/family-owned independent agency common in the U.S. independent insurance channel.
Erik L Anderson firmographics
Firmographics- Name
- Erik L Anderson
- Legal name
- Erik L. Anderson Insurance Agency
- Website
- https://eriklanderson.com
- Company type
- Private
- Founded year
- 1947
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Erik L. Anderson Insurance Agency is a privately held independent insurance agency in Essex, Maryland, distributing personal and commercial insurance lines to consumers and small businesses in the Baltimore metro as an appointed agent for carriers including Safeco Insurance.
- Ownership category
- akta.pro rank
Where Erik L Anderson is headquartered
LocationHeadquarters
- HQ city
- Essex
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Erik L Anderson business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Insurance Commissions: The agency earns revenue through commissions paid by insurance carriers for policies sold and renewed. As an independent agency representing multiple insurance companies including Safeco Insurance (Liberty Mutual Group), they receive commission-based compensation on each policy written.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Quote-based personalized pricing |
Go-to-market motion1 record
Distribution channels2 records
Marketing channels4 records
Erik L Anderson product offering
Product offeringCore offering
Erik L. Anderson Insurance Agency is an independent insurance agency that sells personal and commercial insurance policies from multiple insurance carriers to individuals, families, and small/mid-size businesses. The agency matches customers to carrier products (prominently Safeco Insurance, a Liberty Mutual Group member) across auto, home, life, and specialty personal lines plus business liability, commercial auto, property, bonds, and workers' compensation, providing quotes, policy management, claims assistance, and payments through a local office in Essex, Maryland, and online service channels.
Product overview
Erik L. Anderson Insurance Agency is an independent insurance agency offering a comprehensive portfolio of insurance products for both personal and commercial clients. The agency provides personal lines including auto, homeowner, life, boat, renters, condo, and motorcycle insurance, along with personal umbrella and flood insurance. For business clients, they offer commercial insurance products including business liability, commercial auto, commercial property, commercial umbrella policies, and bonds. The agency functions as an independent agent representing multiple insurance carriers to provide coverage options across these product lines.
Differentiator
Problem solved
Functional benefit
Products and services
- Auto Insurance Affordable auto insurance coverage for personal vehicles, offering various coverage options and discounts, sourced through multiple carriers. Targeted at individual vehicle owners and families.
- Homeowner Insurance Home insurance coverage for homeowners protecting property and belongings against covered losses, sourced from multiple carriers. Targeted at individual homeowners.
- Life Insurance Life insurance coverage providing financial protection for families and beneficiaries. Targeted at individuals and families seeking financial protection.
- Boat Insurance Insurance coverage for boats and watercraft owners. Targeted at personal watercraft owners.
- Renters Insurance Insurance coverage for renters protecting personal belongings and providing liability protection. Targeted at individuals renting their residence.
- Condo Insurance Insurance coverage for condominium owners covering personal property, interior elements, and liability. Targeted at condo owners.
- Motorcycle Insurance Insurance coverage for motorcycle owners including liability and custom equipment protection. Targeted at personal motorcycle owners.
- Flood Insurance Insurance coverage for flood damage, which is typically not covered by standard homeowners policies. Targeted at property owners in flood-prone areas.
- Antique Car Insurance Specialized insurance coverage for classic and antique vehicles. Targeted at collectors and owners of antique automobiles.
- Personal Umbrella Policy Additional liability coverage that extends beyond standard policy limits for personal insurance. Targeted at individuals seeking excess personal liability protection.
- Business Insurance Commercial insurance coverage for businesses including general liability and property protection. Targeted at small to mid-size businesses and contractors.
- Commercial Liability Insurance Liability coverage for businesses protecting against claims involving bodily injury or property damage. Targeted at small/mid-size businesses and contractors.
- Commercial Auto Insurance Insurance coverage for business-owned vehicles and vehicles used for work purposes. Targeted at small/mid-size businesses with company vehicles.
- Commercial Property Insurance Insurance coverage for commercial buildings, equipment, inventory, and business assets. Targeted at small/mid-size businesses owning or leasing commercial property.
- Commercial Umbrella Policy Additional liability coverage extending beyond standard commercial policy limits. Targeted at small/mid-size businesses seeking excess liability protection.
- Bonds Surety bonds for businesses as required by lease agreements or contractual obligations. Targeted at small/mid-size businesses needing bonding for contractual or lease requirements.
- Workers' Compensation Insurance Workers' comp insurance protecting employees and businesses from workplace injury costs. Targeted at small/mid-size businesses with employees.
Companies that use Erik L Anderson
Customer profileSegments2 records
Ideal customer profiles2 records
Erik L Anderson technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Erik L Anderson partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Safeco Insurance (Member of Liberty Mutual Group)coreSafeco Insurance, a member of Liberty Mutual Group, is the primary insurance carrier represented by Erik L. Anderson Insurance Agency. The agency offers Safeco products through their agency and displays the Safeco Insurance logo on their website as their quality insurance partner.
Scale indicators1 record
Recent moves1 record
Expansion highlights4 records
Erik L Anderson competitors and assessment
Company assessmentBroad incumbents
- Allstate: Allstate distributes auto, home, and life insurance through a mix of exclusive and independent agents. Directly competes for the same personal-lines customers in Maryland that Erik L. Anderson serves.
- GEICO: GEICO is the second-largest US auto insurer and a direct-to-consumer carrier with no agent intermediary. Represents the primary online-disintermediation threat to Erik L. Anderson's auto insurance book in the Maryland market.
- Erie Insurance: Erie Insurance operates a large independent-agent distribution model selling personal and commercial P&C coverage through a network of captive-style independent agencies. Directly comparable to Erik L. Anderson's independent agency model, but at vastly greater scale and with a proprietary carrier behind it.
- Progressive: Progressive is a top US personal-lines carrier with a strong direct/online channel and an agency distribution arm. Directly competes for the auto and home customers that form the core of Erik L. Anderson's product mix.
- Frankenmuth Insurance: Frankenmuth Insurance distributes personal and commercial insurance exclusively through independent agents in the Midwest and Mid-Atlantic. Highly comparable agency-partner distribution model; even includes Maryland-adjacent territory where Erik L. Anderson's agency competes.
- State Farm: State Farm is the largest US personal-lines insurer, distributing auto, home, and life products through captive local agents. Competes for the same Baltimore-metro consumers and small businesses targeted by Erik L. Anderson's agency, but via an exclusive-agent rather than independent-agency model.
- Liberty Mutual Insurance: Liberty Mutual is both Erik L. Anderson's primary carrier partner (through Safeco) and a direct competitor via its own branded and online channels. Dual relationship illustrates the captive-versus-independent tension typical of the agency space.
Others
- Trusted Choice: Trusted Choice is the consumer brand and network operated by the Independent Insurance Agents & Brokers of America, which Erik L. Anderson's agency is implicitly part of. Provides network-level marketing and carrier access for independent agencies.
Emerging players
- Insurify: Insurify is an online insurance comparison and quote-aggregation platform competing for the same top-of-funnel shoppers in auto and home insurance that Erik L. Anderson's agency targets through its own website.
- Lemonade: Lemonade is a digital-native InsurTech selling renters, home, auto, and pet insurance via a mobile app with no agents. Represents the long-term structural threat to traditional agencies like Erik L. Anderson's for younger consumer segments.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Erik L Anderson social profiles
Digital presenceErik L Anderson financial estimates
Financial estimateRevenue estimate
Valuation estimate
Erik L Anderson leadership team
Management profileNumber of profiles
Profiles1 record
Erik L Anderson funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Erik L Anderson M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Erik L Anderson
What does Erik L Anderson do?
Erik L. Anderson Insurance Agency is an independent insurance agency that sells personal and commercial insurance policies from multiple insurance carriers to individuals, families, and small/mid-size businesses. The agency matches customers to carrier products (prominently Safeco Insurance, a Liberty Mutual Group member) across auto, home, life, and specialty personal lines plus business liability, commercial auto, property, bonds, and workers' compensation, providing quotes, policy management, claims assistance, and payments through a local office in Essex, Maryland, and online service channels.
Is Erik L Anderson a public or private company?
Erik L Anderson is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Erik L Anderson founded?
Erik L Anderson was founded in 1947. It employs 11 to 50 people.
Where is Erik L Anderson based?
Erik L Anderson is headquartered in Essex, United States, in the North America region.
How does Erik L Anderson make money?
One revenue line is on record: insurance Commissions.
Who are Erik L Anderson's main competitors?
Broad incumbents on record are Allstate, GEICO, Erie Insurance, Progressive, Frankenmuth Insurance, State Farm and Liberty Mutual Insurance. Trusted Choice is listed as an others. Emerging players are Insurify and Lemonade.
Does Erik L Anderson have an API?
No public API is recorded for Erik L Anderson.