With ERIE Rate Locksm auto insurance feature, you can lock in your current insurance rate and be protected from rate increases – even if you file a claim or have a violation– until you add or remove a vehicle or driver or change your primary residence. ERIE Rate Lock is applied through the Rate Protection Endorsement, available in the District of Columbia, Indiana, Illinois, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia or Wisconsin for both new Customers and current Customers making a change to a vehicle, driver, or their address.

Why lock my rate in?
When you have a fender bender or submit a claim, you shouldn’t be punished with increased premiums, right? Everyone makes mistakes. The only damage should be to your car, not your insurance rates.

ERIE Rate Lock offers you pricing stability during economic times that are anything but stable. As gas prices go up and up, you can feel good knowing your insurance premium will remain intact (up to three years in Va.), until you make a change to your policy.

Once the endorsement is in place, if you add or remove a vehicle or driver, or change your primary residence, ERIE will re-rate your policy.

Especially helpful for youthful drivers and fixed income customers
With Rate Lock, you can lock in your insurance rate beyond our usual 12-month policy term. As a result, when you add a young driver to a policy, ERIE can build in the rates for that driver over several years, lessening the initial rate impact. (After all, wouldn’t it be nice to have one less new gray hair over adding your young driver to your policy?)

Plus, if you’re on a fixed income, this endorsement will allow you to budget your annual auto premium knowing you won’t have unexpected increases.

Tell a friend (or two or three)
If the idea of a little stability in these rocky times sounds good to you, be sure to ask us about ERIE Rate Lock next time you are making a change to cars, drivers or your address. Then tell your friends and family who aren’t insured by ERIE. They can take advantage, too, if they’re smart like you and insure with the Gannon Agency. Tell them to check out the company that locks it in.

Buying life insurance coverage

1. You must obtain life insurance cover earlier in your life in order to get lower premiums. Do not wait the time until you absolutely in dire need of life insurance coverage. Actually when you will be older, it will be more difficult for qualifying for an insurance policy. Therefore covered yourself with life insurance policy in earlier stage of your life.
2. You need to choose the best insurance company buy your insurance plan. You need to consider direct company plans for short term basis also in order to keep secure your money invested in life insurance. You can also withdraw your money in any emergency if you invested in short term insurance plan.
3. It’s really interesting to see varying prices of different companies. Therefore you have to shop around to get the quotes from different companies in order to monitor premiums and other charges. Since technology is providing several things in the favor of human beings, so we can use the internet to search out the best insurance company which will provide us good coverage at lower premiums. You can compare prices, rates, charges and premiums of different companies over the web. The insurance companies who are prevailing in the market offer best plan. However you need to decide which plan is best suited to your budget and give more security.
4. Another considerable point is stay healthy in order to get the best rates. It is obviously correct that the healthier you will be the better rates you get. It means anything which shortens your life expectancy will raise rates and premiums automatically. So you must be cautious towards your health to take best rates on your life insurance policy.
5. You must keep reviewing your coverage frequently to get the relevant information about your coverage. Another considerable point is reviewing your options. There is a plethora of options available to choose from in life insurance policy plans. Therefore you need to monitor the best plan which gives you more benefits of your insurance policy.

Finally, it is not end up here to knowing about life insurance plan. There are several perspectives still available to understand. However these points are the basic points that will help you to get the best plan and how to keep it active according to your requirements and needs. Having life insurance policy leads you a secure and worry-free life.  Therefore, everyone must have to consider basic points for contacting to any agent of Life Insurance Company. Do remember that always choose the renowned insurance company which has a reputation in the market in order to keep you invested the money safe. Make sure that your chosen insurance company is authorized one.

In all my years in this business, I’d say the one product that drives people nuts is life insurance. When a guy doesn’t have it, he squirms when the subject comes up; it gnaws away at him when he sleeps. Nothing but questions, confusion and, yes, guilt:

• “How much?”
• “When?”
• “What kind?”
• “I don’t want to go through all that medical stuff, what if they find ‘something’?”
• “Forget this, pass the remote.”

On the other hand, when that policy is finally issued, the same guy who was squirming suddenly feels relieved.

As a buyer and seller of life insurance, I can assure you this is true. Over-thinking the particulars of life insurance fuels our natural, all-too-human inclination to put off the purchase.

Here’s my take: Yes, do your research. Look into whole life, universal life, variable life, annuities, etc. (I can help.) But while you’re becoming an expert, please don’t miss the forest for the trees.

A family (YOURS!) needs the extra financial cushion to weather the financial catastrophe that follows the death of a breadwinner. Apply for $100,000 – $250,000 of 20-year level term protection now. For most people, this will fit into the family budget. For most families, it’s still not enough, but it’s better than nothing. It’s a good start. Underwriting and issuing this amount of life insurance is relatively ‘painless’. And I haven’t read yet about the widow who gave back the life insurance check to the company. “No thanks, my family doesn’t need this – give it to someone else more deserving.”

Two more quick points:

• Life insurance can’t be taken away once you’ve got it. BUT you may not be able to afford it or get any protection if you become ill before you apply (diabetes, heart disease. cancer, etc.)
• The world’s financial ‘flu’ infects the life insurance industry too. Rates and fees are rising. You can lock in your costs now with one of several top-rated companies.

Our agency is here to advise and sell you all the insurance products to protect your family – not just home and car insurance. Life insurance is a critical piece to your family’s security.

Call me for a quick indication of what $100,000 – $250,000 would cost you – I can give you a price in SECONDS. Call 215-891-9990 and ask for Steve.