October 26, 2009 – 1:58 pm
Drunk driving can lead to more intense consequences than you may thing. From fines and jail time to a suspended license and interlock devices the penalties are harsh. Once convicted of a OUI or DWI insurance companies see you as too big of a risk and may choose to drop you from their coverage. You [...]
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October 5, 2009 – 3:38 pm
The car ahead of you schreeches to a halt… you slam on your breaks and lightly bump the car in front of you. Moments later a third car sails full speed into your back bumper… now what? When involved in an accident there are a few things to remember: 1. ABSOLUTELY DO NOT LEAVE THE [...]
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October 3, 2009 – 8:23 am
Auto insurance is anything but optional. Not only should you want to have car insurance, the sate requires drivers to purchase it. Two important coverages, among others, Massachusetts requires drivers to have are Property Damage and Liability Coverage. Property damage covers damages the insured has caused to someone else property. Massachusetts state minimum for property [...]
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For years, the state of Massachusetts controlled auto insurance carriers to produce higher revenues. However, the system has changed directions, and state officials put a “managed competition” program into place in order to lower car insurance premiums and rates. This program has been in existence for about two years now, and has received both praise [...]
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In April 2008, the state government put a managed competition system in place through the Division of Insurance. After some time, the system still continues to receive mixed reviews. Before the system, state government set the rates for auto insurance effectively regulating insurance providers’ ability to raise rates to gain more revenue. When the plan [...]
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Anna Keegan allegedly exaggerated several insurance claims and was fraudulently collecting lost wages. She was charged with several instances of auto insurance fraud. The Massachusetts Insurance Fraud Bureau investigated her various claims, and discovered that she legitimately had injuries from a dog-bite, but attempted to embellish her claims the next year from injuries from an auto [...]
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Recently, MassDriver covered reports that Western Massachusetts residents saved money on auto insurance. We want to know if you did too! Either comment on this blog post or complete the MassDriver survey. Let us know if you saved!
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March 12, 2009 – 10:22 am
“I know this transition is difficult for people, and I don’t mean to pooh-pooh that,” said Burnes in an interview after the meeting. “But we are just not seeing the kind of discrimination” the agents are alleging. “I take that very seriously.”
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December 5, 2008 – 11:20 am
Competition has certainly changed the playing field in the world of Massachusetts Auto Insurance. Although insurance agents continue to provide value to consumers, the increased competition is not desirable for Massachusetts insurance agents because it will change the playing field dramatically for Massachusetts Auto Insurance. One situation with a group of Massachusetts Auto Insurance agents [...]
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