If you've ever gotten frustrated comparing options for auto or home insurance, here's your chance to outsource the task—at no extra charge—and even save some money while you're at it.
JHU's Choice Auto and Homeowner's Insurance Program helps you shop for insurance for your home—even if you rent—car, motorcycle, boat, or motor home, or for personal excess liability and personal articles. Through the program you'll get free, no-obligation insurance quotes from a selection of auto and homeowners insurers, allowing you to compare the coverage options side by side.
"The carriers are MetLife Auto and Home, Travelers, Liberty Mutual, and Safeco Insurance, so these are all well-known companies," says JHU benefits representative Patricia Garmon.
You don't have to wait for open enrollment to sign up, and getting a quote is easy: You can either talk to an insurance counselor on the phone or, in many cases, get an immediate quote online.
For JHU faculty and staff, that quote may include a special group discount of 10 percent or more and an additional discount based on how many years you've been employed by JHU, Garmon says.
Those savings can add up. On average, JHU plan members have saved about $916 a year on their auto insurance, according to Mercer Voluntary Benefits, which administers the program for Johns Hopkins. Signing up is voluntary, and you're under no obligation to buy the insurance quoted. "This is a great, free option to use when you're shopping around for insurance," Garmon says.
If you do opt to buy insurance through the program, you can have your premium deducted from your pay—and you'll earn an additional discount for doing so. You can earn more discounts by insuring multiple vehicles, being a safe driver, or by using anti-theft devices.
For homeowners or renters insurance, your payroll deduction can go directly to the insurance company or be added to your rent, mortgage, or escrow payment, Garmon says.
Who's eligible: Full-time faculty and staff and bargaining unit members.
When do I sign up? Anytime.
How do I pay for it? Payroll deduction.