June 24, 2009
Ask an expert
ERIE Agent, Fairport, N.Y.
Q: How can I save money on my insurance?
A: Lots of people are looking for ways to save money in the current economy, and the good news is your insurance may be one of them.
First, make sure you have all your insurance with ERIE. Having home and auto insurance both with ERIE can qualify you for a multi-policy discount. In some states*, adding a qualified life policy may increase the discount you receive.
Also, make safety a priority. If you’re a safe driver, you may qualify for a discount for every year you are claims-free.
To save money on your homeowners insurance, look at the safety of your house. Make sure there are smoke detectors and fire extinguishers on each floor, and take precautions to guard against fires. If you’ve recently added a security system, let your Agent know—it may qualify you for a discount.
Give your ERIE Agent a call to review your policies so you know which discounts you are getting and what others you might be eligible for.
Have a question for an insurance expert? Let us know. E-mail us at firstname.lastname@example.org or send us a letter.
Gordon Quinton Insurance Protection Team
*Erie Family Life insurance not available in New York.
Three reasons to talk to your Agent when saying “I do”:
Get discounts: Combining auto policies can qualify you for a multi-car discount. You can also get reduced rates in many states just for being married. The less you spend on auto insurance, the more you can spend on the honeymoon.
Keep belongings safe: Whether you’re renting, buying, building or—gulp—temporarily moving in with mom and dad, make sure the contents of your home are covered through renters insurance or a new homeowner’s policy. While you’re at it, consider Identity Recovery Coverage, so even your financial identity is protected.
Pick a piggy bank: As a new couple, there are a million ways to start saving. A little known fact is that life insurance is one of them. ERIE’s new universal life products provide valuable life insurance and can help you save for bigger purchases later in life, your kids’ college education or even retirement.