Auto Insurance
Next to your home, your automobile is often the most expensive piece of property
you own. As a result, it is important to seek the best value when buying your auto
insurance. To ensure that you have the proper auto insurance protection, there are
a number of ways that you can reduce the cost of your auto insurance premiums while
obtaining the coverage that you need.
Deductibles
Choosing higher deductibles for Collision and Comprehensive coverage is an easy
and cost effective way to lower your auto insurance bill. In many cases, the premium
savings realized by switching to a higher deductible may be enough to offset the
cost difference of an increased deductible in just a few years.
Auto Insurance Discounts
- Multi-policy – By insuring your auto and home with ERIE, you will receive a discount
on your auto premium as well as your homeowners insurance premium.
- Multi-car – If you insure two or more cars with ERIE and they are owned and used
by the individual and/or relatives living in the same house, you receive a discount.
Driver Related Insurance Discounts
Good drivers who have no accidents or violations receive the most competitive rates
but there are other factors that can reduce your premiums even further including:
Driver training – If you have a young driver under age 21 insured who has completed
an accredited driver-training course, you will receive a premium discount.
College student – Young, unmarried, full-time college students who spend most of
the college term away from home without the use of an auto are eligible for this
discount.
Age 55 & over – Cars driven primarily by an insured who is 55 and over receive
a discount on the Bodily Injury, Property Damage, Medical Payments, Personal Injury
Protection, Comprehensive and Collision premiums.
Vehicle Related Insurance Discounts
You can save even more money on your auto insurance by choosing a vehicle with the
following safety equipment:
- Passive Restraints - If your vehicle is equipped with factory-installed
automatic seat belts or air bags, you will receive a discount on the Medical Payments
or Personal Injury Protection portion of your premiums.
- Anti-Theft Devices – You may receive a discount on the Comprehensive
portion of your premium if your vehicle has active or passive anti-theft devices.
- Anti-Lock Brakes – Vehicles with factory installed anti-lock brake
systems on all four wheels are eligible for this discount that applies to the Bodily
Injury and Property Damage coverages.