Electric
Electric Insurance Company was founded in 1966 as a provider of insurance policies for employees of General Electric, with corporate headquarters currently located in Beverly, Massachusetts. Since its humble beginnings, the company has expanded to include members of the general public, offering a wide variety of insurance products and coverage plans. The company is dedicated to providing world-class sales and customer service, competitive rates, high quality products, and professional claim settlements. They are an accredited member of the Better Business Bureau, and received an A / Excellent rating from Standard and Poor’s and A.M. Best.
Electric Insurance offers auto, home, renters, condo, and umbrella insurance policies. In addition to covering your vehicle in the event of an accident, Electric Insurance Company takes great pride in helping you to make your car payments through premium insurance products. Home insurance policy holders can have peace of mind in the event of a disaster, since 100% of the replacement cost is covered! Condo insurance provides consumers with an all-inclusive coverage package, which goes above and beyond the typical condo association coverage. Renter’s insurance protects the value of all personal possessions inside of your dwelling at an affordable rate.
Since Electric Insurance was originally founded to serve the needs of General Electric employees; it continues to serve these individuals today by providing an additional 15% discount. People who are not employed by General Electric can also enjoy deep discounts when they are good drivers, take defensive driving courses, or install certain safety or security equipment. Discounts vary by state and local availability.
Coverage is provided nationwide, with additional licenses in Canada and Europe. Insurance products are offered through a toll-free customer service hotline, online, or in person with one of their agents. Electric Insurance is dedicated to giving back to the community and helping others in need. They have founded a charitable organization, CITE, in order to aid those families who have fallen on hard times in the North Shore area of Massachusetts. Through their charitable activities, monetary donations, and volunteerism, countless families have been blessed in ways that were otherwise impossible.
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