Electric Insurance Company Encourages Auto Insurance Consumers to Visit Its Website...

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Fri Mar 28, 2008 8:57am EDT

Electric Insurance Company Encourages Auto Insurance Consumers to Visit Its Website or Call for a Quote Before Visiting General Comparison Sites

      General comparison sites do not include multiple discounts
               available to Electric Insurance consumers
BEVERLY, Mass.--(Business Wire)--
Electric Insurance announced today that it has launched its
Massachusetts auto insurance website to help consumers shop for and
save on auto insurance. Massachusetts consumers who first visit the
Electric Insurance website www.electricinsurance.com/mass or call the
company's toll-free Massachusetts number 1-877-877-0569, will receive
the most accurate quote from the company. By contrast, general
Massachusetts auto insurance comparison sites, such as the state's
Division of Insurance's (DOI) new website (mass.gov/autorates), do not
provide the level of detail to give a complete and accurate
understanding of Electric Insurance's pricing structure.

   "We recognize that these auto insurance comparison sites exist to
give a basic example of what's available, but the drivers of
Massachusetts should be interested in getting a complete picture of
the discounts available through Electric Insurance," explains Marc
Meiches, president and chief executive officer of Electric Insurance
Company. "We encourage Massachusetts auto insurance consumers to go to
our website www.electricinsurance.com/mass or call 1-877-877-0569 to
get a complete and accurate auto quote."

   Discounts available from Electric Insurance to Massachusetts auto
insurance consumers, that may not be reflected in the DOI site,
include:

   --  Multi-car discount up to 15% for insuring more than one car
        with Electric Insurance Company, now including coverage to
        those households with company cars.

   --  Low mileage discount to vehicles driven between 0-16,000 miles
        per year (previous cap was 7,500 miles per year).

   --  5% multi-policy discount for clients who also write their
        homeowners, renters or condo insurance with Electric
        Insurance.

   --  "Automatic Vehicle Replacement Coverage" which is available to
        clients in the event of a covered total loss or a covered
        theft loss for any vehicle with an odometer reading at the
        time of loss of 7,500 original miles or less and purchased
        within the past six months.

   --  Electric Insurance's exclusive GE discount for Massachusetts
        employees of General Electric.**

   **The exclusive GE discount is where Electric Insurance got its
start. Electric Insurance Company was incorporated in 1966 to provide
personal insurance solutions to GE employees. Today, the company
counts among its insured policyholders, nearly 50,000 GE employees and
retirees, a significant population of which reside and work in
Massachusetts.

   "We've been in Massachusetts for 42 years writing auto and
homeowners insurance for the people in this area, and we accordingly
understand where the Massachusetts auto insurance market has been and
the challenges facing it now and in the future," concludes Meiches.
"We offer competitive rates, exceptional service, and local knowledge
to the drivers of Massachusetts."

   About Electric Insurance Company

   Electric Insurance Company, a national, premier provider of
personal lines insurance products offered at competitive rates and
with outstanding customer service, has credit ratings of "A/Excellent"
from A.M. Best and "A/Strong" from Standard & Poor's. 98% of Electric
Insurance Company's policyholders, who responded to a 2007
satisfaction survey and had a claim with the company, said they'd
renew their policy with Electric Insurance Company based on their
claim experience. Electric Insurance Company's products are available
to general consumers, and to GE employees, retirees, and their family
and friends through the company's Customer Contact Center at
1-877-877-0569, website www.electricinsurance.com/mass, and through
select, local independent agents.

Electric Insurance Company
Susan Cronin, 978-524-5649
susan.cronin@electricinsurance.com

Copyright Business Wire 2008
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