Car Chip Shortage 2021: What’s Going On?

by Justin Metz on October 22, 2021

What do bicycles, toilet paper, hand sanitizer, refrigerators and kayaks have in common? They’ve all been in short supply at times during the COVID-19 pandemic.

The past year’s global health crisis has led to unprecedented changes in supply and demand. Production shutdowns sent the price of lumber sky-high. Months spent quarantining led homeowners to spend more time outdoors, some taking on more DIY renovation projects. And fear of the unknown led to hoarding and stockpiling.

Now, nearly two years after the pandemic began, the global supply chain has mostly stabilized. But there’s still one industry where shortages continue to abound: semiconductor chip manufacturing.

And the auto industry has been one of the hardest hit.

Why are computer chips putting the brakes on new car production? Keep reading to find out. Continue reading “Car Chip Shortage 2021: What’s Going On?”

Life Insurance and Health Conditions: A Deal Breaker?

by Erie Insurance on October 19, 2021

Whether you’re a young adult, stay-at-home parent or a retiree, you likely have a need for life insurance.

But wading through multiple policy options, benefit amounts, premiums and riders can be overwhelming. Does whole life or term life make more sense at this point in my life? Do I need $50,000 in coverage, $500,000 or even more? (Hint: visiting ERIE’s life insurance calculator may help.)

Combine that with concerns about health conditions you may have and it’s enough to deter a lot of folks from even exploring their options.

A 2021 studyfrom Life Happens found that 7 in 10 Americans say they “personally need life coverage”, yet only 52% of American adults actually have some type of life insurance coverage. One of the reasons often cited for not having it is that people wrongly assume they won’t qualify. (Check out ERIE’s list of five more reasons why people hold off buying life insurance.) Continue reading “Life Insurance and Health Conditions: A Deal Breaker?”

Checklist: How To Winterize Your Home To Save Money and Energy

by Erie Insurance on November 9, 2021

There’s no denying it: Winter is on its way.

Winterizing your home can help lower your energy bills, prevent bigger more costly repairs later on and reduce the risk of accidents like a home heating fire. (Side note: That’s why having the right homeowners insurance can give you peace of mind, too.)

Ready? Keep reading to walk through the big list of projects to tackle this fall, or download our free PDF printable on how to winterize your home. Continue reading “Checklist: How To Winterize Your Home To Save Money and Energy”

Shopping Safety Tips for the Holidays

By Justin Metz on April 30, 2020

The average American plans to spend $998 on gifts and other holiday items this holiday season, according to the National Retail Federation. While that’s not as high as pre-pandemic years, it will still be a busy time for both online and brick and mortar retailers.

However, all that hustle and bustle can create opportunities for real-life grinches. This time of year, thieves, pickpockets and porch pirates are on the prowl to pilfer your packages. But you can outsmart them! Continue reading “Shopping Safety Tips for the Holidays”