Welcome to the March ’09 issue of Eriesense & More, the quarterly
e-newsletter that helps you make sense of your insurance. We’re happy to share these tips and news stories with you. If you’d prefer not to get them, let us know and we’ll take you off the subscription list. Thanks for reading!
Tax time, a tale told anew
Does paying taxes on earned interest from savings have you singing the tax-time blues? If so, check out annuity options from Erie Family Life.* With a deferred annuity, you don’t pay tax on the interest until the year you withdraw it.** Talk to your ERIE Agent about which option might be right for you. It might be a reason to relax when tax season comes around next year.
*Erie Family Life products are not available in New York
**Single Premium Deferred Annuities have guaranteed periods of 3, 5 or 7 years.
ERIE keeps growing strong
ERIE just reached the milestone of being four million policies strong. That means ERIE holds four million individual contracts to protect autos, homes and businesses across 11 states and the District of Columbia. What does that mean for you? A reason to relax. ERIE’s steady growth ensures your insurance will be there for you when you need it most.
Who was the four millionth?
Drew Stewart’s HomeProtector policy was the milestone. A mortgage consultant in State College, Pa., Drew heard about ERIE from his clients. Here’s his ERIE story.
Didn't see that underground river?
Water coming through the foundation of your home can leave a swimming pool where you didn’t intend one. And that can be upsetting and damaging, not to mention a big mess. To boot, homeowners insurance (from any company) just doesn’t cover it. The Institute for Business and Home Safety’s Web site, disastersafety.org, offers ways to avoid basement floods altogether.
Worried about a backed-up drain?
Erie Insurance can help with that kind of water damage. Talk to your Agent about the Sewer and Drain Endorsement or Enhancement Endorsement to see how.
Penguins don't run
There’s a reason our flippered friends slide and glide rather than trot. Kids in swim gear should take note. But most don’t, and when your back is turned, around the pool they go. For times like these, it pays to have umbrella coverage. This low-cost liability insurance helps protect your pocketbook in case your kid’s friend doesn’t listen and something tragic happens. Give your Agent a call for details on how you can purchase $1 million or higher in extra liability. Basic policies start around $150 per year. (Similar coverage also available for businesses.)
& More is published four times a year exclusively for Erie Insurance
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