When shopping for auto insurance in Lancaster PA you want to make sure you find a policy that has the right coverage but also the right price. Part of that price are the discounts that companies give their customers. Erie insurance is no exception. Erie auto insurance offers many discounts that you may be able to take advantage of.
In this blog we will walk through some of the best discounts you have access to with an Erie Auto policy in Lititz PA.
1. Multi-Policy Discount or Bundling Discount
Like other insurance companies, one of the biggest discounts you can get from Erie Insurance is a bundling or multi-policy discount. So, if you have your homeowner’s policy with Erie, you will get a discount on your auto insurance, and vice versa. If you currently have your insurance policies with different insurance companies, we recommend switching your home and auto to be bundled under the same insurance company to maximize the multi-policy or bundling discount. Budling your home and auto also helps close some coverage gaps that may exist. With Erie insurance you are not limited to the home and auto multi-policy discount. With Erie the multi-policy discounts also extend to policies such as life insurance, business auto insurance, Umbrella insurance, boat insurance, and even mobile home policies!
2. Multi-Vehicle Discount
Another discount offered by Erie Insurance is a multi-vehicle discount. So, if you have more than one vehicle on your policy, Erie Insurance will provide a discount on your auto insurance policy. This also applies if the parents and their child have separate auto policies with Erie insurance but live at the same address. Working with your Erie agent you can still get the multi-policy discount.
For example, Johnny is 19 and has his own Erie insurance auto policy. Johnny lives at home in Lititz with his parents who also have an Erie insurance auto policy. Even though they are on separate policies, both Johnny and his parents qualify for the multi-policy discount Erie. If Johnny would move out and move to Manheim, he would no longer receive the multi-policy discount.
3. Pay Plan Discount
A third discount offered by Erie Insurance, which is often overlooked by people, is the pay plan discount. When reviewing your Erie insurance auto quote, you will see a few different payment options. The numbers will vary because of the discounts Erie provides if you choose a preferred pay plan. The biggest pay plan discount you can get from Erie is the pay in full discount. If you are financially able to pay for the whole 12-month policy up front, we highly recommend it so that you take advantage of the biggest discount.
Many people cannot or do not like to pay the full 12 months upfront, which is okay, but this is a discount that might be worth considering saving you money on your auto insurance policy. Erie also gives a discount, although not as good as the pay in full discount, for their Third-Third-Third payment option. With this pay option you pay 1/3 the first month, 1/3 the second month, and 1/3 the third month. Each pay plan after this receives no discount on the Erie insurance auto policy.
4. Safety Feature Discount
The final main discount offered by Erie Insurance is a safety feature discount. This one is kind of out of your control as it is based on what safety features your vehicle has, such as anti-lock brakes, blind spot detection, passive restraint, and much more. Essentially the stronger and safer your vehicle is, the more discounts you and that vehicle will receive.
Each vehicle is rated from its Vehicle identification number and the discounts are automatically added into each quote. Along with the safety features the type of alarm that the vehicle has is also important. Some older vehicles may not have any theft deterrent system, while the newer vehicles have strong passive systems, and some even have cameras. Make sure you let your Erie agent know if your vehicle has any special safety or theft systems.
Those are the four key discounts that you can expect on your auto insurance policy from Erie Insurance. Susquehanna Insurance is an independent insurance agent located in Lancaster and Lititz, Pennsylvania. We are an Erie insurance agent which means that we will be able to provide you with an Erie auto quote and policy. We are also the only Erie insurance agent in Lititz PA. If you are shopping for auto insurance in Lititz, make sure you give us a call to see if we will be able to help you maximize your discounts and save you money!