Electric Insurance is a Massachusetts-based insurance provider that offers various types of coverage for individuals and families.
The company was founded in 1966 to serve the needs of General Electric employees but later expanded its customer base to the general public.
Electric insurance is known for its competitive rates, wide range of discounts, and exceptional customer service.
In this article, we will review the coverage options, discounts, contact information, and customer reviews of Electric insurance.
Coverage Options Offered by Electric Insurance
Electric insurance provides the following types of coverage:
- Auto insurance: Electric insurance offers standard auto coverage such as liability, collision, comprehensive, medical payments, uninsured/underinsured motorist, and personal injury protection. It also offers optional coverages such as rental reimbursement, towing and labor, gap coverage, and new car replacement. Electric insurance also has a unique feature called Great Driver™ app, which monitors your driving behavior and rewards you with discounts for safe driving.
- Home insurance: Electric insurance offers home insurance for homeowners, renters, and condo owners. It covers the dwelling, personal property, liability, loss of use, and other structures. It also offers optional coverages such as identity theft protection, water backup, equipment breakdown, service line coverage, and scheduled personal property.
- Umbrella insurance: Electric insurance offers umbrella insurance that provides extra liability protection beyond the limits of your auto and home policies. It covers bodily injury, property damage, personal injury, and legal defense costs. It also covers situations that are not covered by your primary policies, such as libel, slander, false arrest, invasion of privacy, and wrongful eviction.
- Flood insurance: Electric insurance helps you get flood insurance through the National Flood Insurance Program (NFIP). Flood insurance covers damage caused by flooding from heavy rains, storm surges, melting snow, or overflowing rivers. It covers the building, its foundation, electrical and plumbing systems, appliances, furniture, and personal belongings.
- Specialty coverages: Electric insurance also offers specialty coverages for vehicles, watercraft, properties, and events that are not covered by your standard policies. These include motorcycles, ATVs, RVs, boats, jet skis, snowmobiles, golf carts, antique cars, collectibles, jewelry, fine art, musical instruments, weddings, parties, and more.
Discounts Available with Electric Insurance
Electric insurance offers a variety of discounts to help you save money on your premiums. Some of the discounts are:
- Multi-policy discount: You can save up to 15% on your auto policy and up to 10% on your home policy if you bundle them together.
- Multi-car discount: You can save up to 20% on your auto policy if you insure two or more vehicles with Electric insurance.
- Good driver discount: You can save up to 10% on your auto policy if you have a clean driving record for at least three years.
- Great Driver™ app discount: You can save up to 25% on your auto policy if you use the Great Driver™ app and score well on your driving behavior.
- Good student discount: You can save up to 10% on your auto policy if you are a full-time student under 25 years old with a B average or better.
- Defensive driving discount: You can save up to 10% on your auto policy if you complete a state-approved defensive driving course.
- Anti-theft device discount: You can save up to 10% on your auto policy if you install an approved anti-theft device in your vehicle.
- Home security system discount: You can save up to 10% on your home policy if you install an approved home security system in your residence.
- Fire prevention system discount: You can save up to 10% on your home policy if you install an approved fire prevention system in your residence.
- New home discount: You can save up to 20% on your home policy if you purchase a new home or a home that is less than 10 years old.
How to Contact Electric Insurance and Customer Service Information?
You can contact Electric Insurance through various channels:
- Phone: You can call Electric Insurance at 800.342.5342 for general inquiries or 800.227.2757 for claims. The phone lines are open 24/7.
- Email: You can email Electric Insurance at [email protected] for general inquiries or [email protected] for claims.
- Online: You can visit the Electric insurance website at www.electricinsurance.com to get a quote, manage your account, make a payment, submit a claim, or chat with a representative.
- Mail: You can mail Electric insurance to Electric Insurance Company, 75 Sam Fonzo Drive, Beverly, MA 01915.
Electric Insurance has a reputation for providing exceptional customer service to its policyholders. The company has won six consecutive Gold Stevie® Awards for outstanding service. It also has an A+ rating from the Better Business Bureau and an A- rating from A.M. Best.
Review of Electric Insurance Company and Customer Reviews
Electric insurance is a reliable and affordable insurance provider that offers a wide range of coverage options and discounts. The company has been serving customers for over 50 years and has a loyal customer base. Electric insurance also has a strong financial stability and customer service record.
However, Electric insurance also has some drawbacks that you should be aware of. The company does not offer life or health insurance, which may limit your options if you are looking for those types of coverage. The company also has some negative customer reviews on online platforms such as Yelp and Trustpilot, which complain about high rates, poor claims handling, and rude customer service.
Overall, Electric insurance is a good choice for customers who are looking for auto, home, umbrella, flood, or specialty coverage at competitive rates. The company also offers a unique feature called the Great Driver™ app, which can help you improve your driving skills and save money on your premiums. However, you should also compare Electric insurance with other providers to find the best deal for your needs and budget. You should also check the customer reviews and ratings of Electric insurance before making a final decision.