Press release
National survey by Erie Insurance shows what people miss most about working from home, like most about returning to workplaces
Survey also reveals the degree to which financial concerns increased, values changed, and the top reasons people moved during the pandemic ERIE, Pa., June 21,
About this update from Erie Indemnity Company
[{"type":"text","content":"Survey also reveals the degree to which financial concerns increased, values changed, and the top reasons people moved during the pandemic\nERIE, Pa., June 21, 2022 /PRNewswire/ -- In a national survey of U.S. consumers commissioned by Erie Insurance, two-thirds of respondents said they are more concerned about their financial security than they were before—and many are taking steps to address it. The wide-ranging survey also revealed what people miss most about working from home and like most about returning to the office and, if they moved during the pandemic, why.\n\n \n \n \n \n \n \n\n \nAs a company that increases people's financial security by providing life insurance, homeowners insurance and auto insurance, Erie Insurance periodically commissions surveys to stay on top of changes in consumer attitudes and behaviors.\nThe survey found that nearly two-thirds of respondents (64%) value spending quality time with family more today than they did before; more than half (55%) value financial security more, and about the same percentage (54%) value spending quality time with friends more.\nIn addition:\nTwo-thirds of respondents (66%) said the pandemic made them more concerned about their financial security than they were before.61% said the pandemic made them more concerned about how their family would be taken care of financially if they became seriously ill, or worse, could no longer provide for them.Half (49%) said the pandemic made them question whether they had the right type and amount of life insurance as part of their overall plan for financial security, and a quarter (25%) contacted their insurance agent about it.\"It's been said that life insurance is a product you buy with the hope you don't need it right away, but our survey found that having a policy provides value,\" said Louis Colaizzo, senior vice president of Erie Family Life, Erie Insurance. \"In fact, 44% of respondents said the pandemic made them appreciate the peace of mind they get from having life insurance even more than they did before.\"\nPeople on the moveOne in five respondents (21%) said they moved during the pandemic while 79% stayed put.\nTopping the list of reasons for moving (36%) was to live in a place with a better quality of life. Living closer to family and having a lower cost of living tied for the second most mentioned reason for moving (...