Frequently Asked Questions

 

Q: How long have you been in business?
A: Electric Insurance has been offering quality insurance products since 1966 and currently has more than 125,000 policyholders. The Company has served as a corporate benefit provider for General Electric Company and its employees for more than 40 years.

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Q: Is Electric Insurance rated by A.M. Best?
A: A.M. Best, one of the insurance industry’s top raters, has given Electric Insurance ratings of “A/Excellent".

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Q: How does Electric Insurance keep so many of its customers year after year?
A: A simple but critical philosophy makes Electric Insurance different. Our employees have a solid commitment to delivering only the highest level of service. Our can-do team of professionally trained service representatives provide answers and results - quickly and accurately.

  • Quick quotes in 2 to 15 minutes - online or on the phone
  • "One call does it all" for most policy questions or changes
  • We don’t keep you waiting, most of our calls are answered within 15 seconds
  • Quick & fair claims settlement
  • Online billing status, quotes, policy change request forms & more

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Q: Does Electric Insurance offer any discounts?
A: Electric Insurance offers a variety of discounts that can help save you money on your auto insurance. Some of the most common discounts offered are:

  • Mature driver/driver training
  • Good student
  • Accident-free/safe driver discount program (in most states)
  • Multi-car
  • Group affiliation
  • ABS brakes, airbag, anti-theft, & daytime running lights
  • In many states a multi-policy discount is available, so you may be eligible for up to 10% off your auto insurance and up to 20% off your homeowners insurance premium if you carry both policies with Electric Insurance

Note: Discounts vary and may not be available in all states.

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  • The American Business Awards 2009 Winner
  •  Electric Insurance Company BBB Business Review
  • AM Best
  • Communitas Award 2010 Excellence Winner