Reasons to Get Home Insurance

Real-life Reasons to Get Coverage

Here are some reasons you might want the different types of available coverage.

Coverage A (Dwelling)
While 100% Guaranteed Replacement Cost coverage makes sense for any homeowner, it takes on extra significance in disaster-prone areas (wildfires, earthquakes, hurricanes, tornados, etc.).
Coverage B (Other Structures)
Anyone with detached, permanent structures on their property should consider this coverage. Especially people with elaborate workshops, pool houses or in-law apartments in them.
Coverage C (Personal Property)
While the house is probably your biggest asset, the contents cost a surprising amount of money. Appliances, clothes, electronics, furniture and other things you use on a daily basis add up fast. If you've got neat specialty items, you can schedule them for additional coverage.
Coverage D (Loss of Use)
If your house is damaged enough to file an insurance claim, it's probably too damaged to live in while repairs are made. Loss of Use coverage keeps you from having to move into your parent's basement. Again.
Coverage E (Legal Liability)
This coverage is especially useful for anyone who engages in activities where accidental harm could come to another, or who have children who could accidently harm another.
Coverage F (Medical Payments)
If you, or anyone in your immediate family who still lives at home, hurts someone while they're at your home, this coverage pays for the medical care.
Additional Coverages (Varies)
There are so many unforeseeable times and occasions when you could experience a financial loss, that some form of additional coverage could probably come in handy.

Electric Insurance Company benefits

12-month policies
Many insurance companies now use six-month policies so they can raise rates more often, or look really inexpensive at first glance. But we're sticking with 12-month policies. Our way locks in your costs for a full year. Cuts the number of renewal policies and ID cards you receive in half. And is just a little bit kinder to the environment.
Broad payment options
News flash: different people like different things. So when it comes to how you pay your bill, we're flexible. Some GE employees get it deducted right from their paychecks. Others have monthly payments electronically debited from a checking account. And some opt for the good-ol' bill-by-mail options: monthly, quarterly, semi-annually and more. Pick the method that works for you — it'll work for us, too.
Note: Payroll deductions are only offered to eligible General Electric employees.
Convenient hours
In an effort to be helpful, our customer call center is staffed 8:00 a.m. to 7:00 p.m. ET (that's a long day). Of course, accidents can happen any time, so you can report claims by phone 24-hours-a-day.
Online account management
Our online account center puts you in control: add drivers to your policy. Replace vehicles. View and pay your bills. It's easy — and all at your fingertips. 24/7.
Payroll deduction
Pay your Electric Insurance premiums by signing up for payroll deduction and not only will you never have to remember to write and mail a check, you'll also save money. A 2% - 4% discount applies to your auto and home policies, as does the waiver of the service fee for people who pay over time — that's another $55 in your pocket*.
*Payroll deduction discounts are not available in CA or NY. Auto discounts are available in WA. $55 service fee savings are based on waiver of the standard $5 monthly service fee for 11 months.


* Product, service, and discount availability and limits vary by state. The information provided on this site is provided for informational purposes only and is not a full explanation of products, services or coverage. For more information, please contact Electric Insurance Company at 800.227.2757. If there are discrepancies between the information on this site and the policy, the terms in the policy apply.



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