Ephrata National Bank introduces ENB Insurance, the next generation of online insurance.
Ephrata, PA (July 7, 2022) — Ephrata National Bank is proud to announce the launch of its insurance agency, ENB Insurance, LLC. The agency, which officially opened on June 29 and is wholly owned by the bank, aligns with the bank’s mission to help customers achieve financial wellbeing. With climbing insurance rates resulting from natural disasters, risks brought on by the pandemic, and inflation, ENB Insurance provides solutions that offer customers much greater flexibility to shop for coverages that they need and can afford. The agency is also part of the bank’s strategy to diversify its revenue streams in order to be less reliant on interest income.
Better, Faster Online Quotes with options to buy policies online for renters, home, auto and life insurance coverages…
In February, The Wall Street Journal published “Car Insurers Rush to Raise Rates as Inflation Takes a Toll,” highlighting that many insurers are boosting premiums six to eight percent, while some are making double digit increases. The costs of inflation for car repairs, replacements and rentals are being passed back to consumers. In response to rising renewal costs, ENB Insurance is offering customers a shopping experience designed to address these rising costs. Using smart engine technology, the agency searches costs and benefits of 40 different insurance carriers to present the top three premium quotes consumers can compare to determine how much they can save.
A human is always available with a click or call
In addition to leveraging this state-of-the art technology, the insurance buying journey also gives the consumer the ability to live chat to get answers to questions or connect over the phone with a professional, trusted, ENB Insurance Agent. Customers have shared that in some cases they still want a licensed agent to bundle or customize a solution…so our agents are always available and can pick up the buying process at any point.
Meeting family needs and addressing affordable protection
“ENB Insurance is a logical fit given our focus on helping customers with financial wellness. We help our customers buy homes and cars, grow savings and build businesses. It makes perfect sense that we could offer a way for them to protect their assets. ,” Said Ephrata National Bank President, CEO and Chairman Jeffrey S. Stauffer. “We respect their busy lives and want to save them money. With rising costs, we want to provide solutions through an efficient buying process that are designed to help household budgets afford the necessary insurance protection.” Visit enb.insuranceaisle.com to learn more about the agency and protection products available for our customers.
About Ephrata National Bank
Ephrata National Bank is an independent community bank with $1.7 Billion in assets and 13 full-service location in Lancaster, Berks and Lebanon Counties. For more information about the bank, visit https://www.epnb.com/.