Introducing the new ERIE Insurance Rate Protection
Endorsement!
It seems that the cost of just about everything is on
the rise these days. We can help you make sure that your auto
insurance premium isn’t one of them. With ERIE’s new Rate Protection
Endorsement, you can lock in your auto insurance rate so you’ll pay
the same premium year after year.
Here’s how the Rate Protection Endorsement works. With this
endorsement, you lock in your auto rate until you do one of the
following:
• Add or remove a vehicle from your policy
• Add or remove a driver from your policy
• Change your primary residence
Even if you have a claim, your premium will not change until you
make one of the changes listed above. If you have purchased this
endorsement and ERIE’s rates increase or decrease, your rates will
remain the same.
One of the benefits of this endorsement is that you can add or
delete the endorsement when one of the above changes occurs or when
your policy renews each year. You are in the driver’s seat – you can
lock in your rate when it suits your situation.
You can still make the same kinds of changes to your auto policy
that you’ve made in the past without losing the benefits of the
endorsement. If you request one of the following changes, or if you
gain or lose eligibility for a multi-policy or pay plan discount,
your premium will only be adjusted to reflect that particular
change:
• Add or delete coverage
• Change a policy limit, deductible, multi-policy status or payment
plan
What a nice addition to your household budget – stable auto
insurance rates.
Talk to us about adding the Rate Protection Endorsement to your
ERIE auto policy and take control of your auto premium.
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