If you’re helping one of your children go off to college for the first time, or return to college, we may be able to help you save some money and gain some extra protection.
Here are four things to consider about insurance when a child enters college.
1. You could get a discount on your auto insurance. Because you’ll have one less driver living at home when your son or daughter goes off to school, your household might get a discount — as long as they don’t take a car along. If he or she does take a set of wheels, contact our agency. We can review your coverage to make sure your child is properly insured.
2. Your homeowners insurance might extend to his or her belongings. Usually, the belongings of your child-turned-college-student will be covered by your homeowners insurance, but it’s best to be sure. If for some reason the coverage doesn’t extend, consider purchasing renters insurance. Students who live off campus may not be covered by their parents' homeowners policy and may need to purchase their own renters insurance.
3. Student loans might call for extra protection. If student loans are involved, you might want to consider life insurance* for your son or daughter. It can help financially in the case of an unexpected tragedy (although no one wants to think about that). If a tragedy never occurs (thankfully), your son or daughter can also opt to carry the life insurance to the next stage of life – making it a wise investment.
4. Insurance can help in the most unexpected cases. Accidents happen — sometimes tragically. Extra liability coverage through a Personal Catastrophe Liability policy, commonly called an umbrella policy, can help protect you should a lawsuit ensue from a big mistake.
Friday, October 14, 2011
Thursday, October 13, 2011
Identity Recovery Coverage
With Identity Recovery Coverage,
Policyholders can have peace of mind knowing that if someone steals their identity, help is just a phone call away.
Guide to Understanding Your Auto Policy
Wish you had a road map to reading your Auto Policy? Click the link for an easy-to-understand guide about auto insurance lingo: Coming to Terms
ERIE's Equal Professional Service Statement
The ERIE is strongly dedicated to the principle of "equal professional service," which means that all applicants, Policyholders and claimants are provided with the same high caliber service that is our hallmark. The ERIE does not discriminate on the basis of race, ethnic origin, sex, age, religion, geographic location, socioeconomic status, or any other illegal basis and we expect our Agents to adhere strictly to our nondiscriminatory philosophy. The ERIE recognizes its legal obligation to judge each risk on its own merits and we rely on objective underwriting criteria designed to accurately assess the nature and extent of each risk.
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