|Insurify Composite Score||--||Number of discounts||21||Number of reviews||12||User Rating||2.5||A.M. Best||
|Standard & Poor’s||
As we work together to slow the spread of COVID-19, state insurance commissions and
insurance providers are constantly changing regulations and practices surrounding monthly
payments, claim payouts, and more. To stay up to date with the latest on auto insurance
reimbursements in your area, be sure to check with your state’s insurance commission and
your current auto insurance provider.
If your driving habits have changed due to COVID-19, find a new, cheaper, ready-to-buy auto insurance policy on Insurify by comparing dozens of quotes at once.
The largest discounts from Electric Insurance are: Mature driver discount, Accident Free Discount, Preferred payment discount
|Discount Type||Discount %|
|Mature driver discount||Varies|
|Accident Free Discount||Varies|
|Preferred payment discount||Varies|
|Daytime Running Lights Discount||Varies|
|Student Away at School Discount||Varies|
|Good Driver Discount||Varies|
|Advance shopper discount||Varies|
|Passive Restraint Discount||Varies|
|Paid in full discount||Varies|
|Affinity group discount||Varies|
|New Car Discount||Varies|
|Multiple Policy Discount||Varies|
|Low Mileage Discount||Varies|
|Good Student Discount||Varies|
|Driving training discount||Varies|
|Anti-Theft Device Discount||Varies|
|Anti-lock Brake Discount||Varies|
Founded in 1966, Electric Insurance Company has provided personal lines of insurance for over 50 years. While it originated as an insurance company exclusively for General Electric employees, Electric now provides personal auto insurance and homeowners insurance to policyholders in all 50 states.
Electric Insurance has an A+ rating from A.M. Best, signifying superior financial health and ability to pay out claims.
Headquarters address: 75 Sam Fonzo Drive Beverly, MA 01915
Toll-free phone number: (800) 342-5342
Cost and services
I have had Electic insurance for approximately 20 years. My rates just went up 25 % in the last year without notice. No accidents, speeding tickets or claims. When I called customer support their response was “well we can do that. We were allowed to raise our rates in your state.” No offer to review my plans to see if they could save me money on my policies by increasing deductibles, looking for discounts ie alam systems etc. They were much more helpful in years past. I switched to another company, have the same coverage, same deductibles and they have an equal insurance rating and Iam saving $2250 a year!