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Coviden’s impact on our lives two years later



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7;ve been through a lot over the last two years. It is easy to admit that the covid-19 pandemic has affected our lives. Now our new survey takes a look at how.

Our comprehensive study of several societal changes, post-pandemic, posed questions from the importance of financial security to the pros and cons of returning to work. Some results were a little surprising.

FEELS SAFE:

Two thirds of the people who did our survey said that they are more concerned about their financial security than they were before – and many take measures to address this by obtaining a life insurance policy.

Here are some other important take-aways:

  • 61% said the pandemic made them more worried about how their family would be cared for financially if they became seriously ill, or worse, could no longer support them.
  • 49% said the pandemic made them question whether they had the right type and amount of life insurance as part of their overall financial security plan and 25% contacted their insurance agent about it.
  • Almost two thirds of the respondents (64%) value spending quality time with the family more today than they did before.
  • More than half (55%) value financial security more.
  • Almost half (54%) appreciate spending quality time with friends more.

“It has been said that life insurance is a product you buy with the hope that you do not need it right away, but our research showed that it provides value to have insurance,” 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.”

PEOPLE ON PIPES

One in five respondents (21%) said they moved during the pandemic while 79% said they stayed.

Here’s why people moved:

  • 36% to live in a place with a better quality of life
  • 26% to live closer to the family
  • 26% to lower living costs
  • 18% to have a larger home so that everyone could spread out more
  • 16% to be in a nicer climate
  • 9% got tired of their house after spending so much time in it

Pets OVER PARTNERS

For many people who worked from home during the pandemic, it brings mixed feelings to return to the office. Our survey showed what they miss or will miss most about working from home and what they like or will like most about going back.

Believe it or not, more people (21%) said they will miss their pet than the 19% who said they will miss their spouse or others.

Here are more results:

The best things people miss most about working from home

Percentage of people who miss it

1. Not having to commute to work 27%
2. Not being able to do small chores around the house during breaks all day (such as unloading the dishwasher, folding laundry) (tie) 24%
Not being able to spend so much time with my kids (tie) 24%
2. To have less free time (tie) 24%
Not being able to sleep 23%
Not being able to spend so much time with my pets 21%
5. Not being able to spend as much time with my spouse / significant other 19%

Top 5 things that people will LIKE most about going back to an office or another workplace

Percentage of people who will like it

Spend time with colleagues at work 34%
2. Not feeling trapped in the house 33%
3. Spend time with colleagues after work 27%
4. Meeting with colleagues in person 24%
5. Have lunch with colleagues 19%

SORRY, BOSSES.

Among a list of 11 things that people like or will like most about going back to the workplace came to have facetime with the boss last, with only 14% saying this. But men were four times more likely than women to say that facetime with the boss is one of the things they will like most. Almost a quarter of men (24%) said this compared to only 6% of women.

SLOW DOWN!

When national road safety organizations sounded the alarm that the speed crisis worsened during the pandemic, we wanted to know if people think that drivers are still driving more than usual.

  • 38% of those surveyed agree that it seems that the number of speeding drivers increased much earlier during the pandemic and that has not changed – drivers still drive at about the same rate.
  • When asked about their own speeding habits, only 15% said they discovered they drove fast earlier in the pandemic and still do.
  • 69% said they were not fast before the pandemic and not now.

Check out our previous survey on speeding during the pandemic to see the most popular reasons why drivers said they put the medal on the petal.

Whether you are considering adding a life insurance plan to protect your family or want to know more about the right insurance for you, find a local agent in your area to ask questions or get a quote.

Survey methodology

This survey was conducted online by Falls & Co. on behalf of Erie Insurance from April 1 to April 8, 2022, among 500 residents of the United States aged 18 and older. Falls determined the sampling quotas, designed the questionnaire, tabulated the questionnaire responses and managed the overall project. Falls used Dynata (Plano, TX) to administer the survey via the Internet, including mobile devices, to Dynata’s captured U.S. panels that met age, gender, and regional demographic criteria.


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