October 27, 2009 – 6:59 pm
Ever wonder before those big changes, how exactly is this going to affect me and the rest of my life? Here’s the skinny on how a few life changes may affect your auto insurance… Marriage: Many changes come with marriage from filing taxes to adjusting bank accounts and discounts on your auto insurance as well. [...]
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October 17, 2009 – 7:06 am
What is your insurance policy really telling you? Some auto insurance terms are confusing in themselves. Take a look at the basics below to gain a better understanding of your auto insurance policy: Property Damage Liability: This coverage will pay for any damages your auto does to someone else’s property. Usually this would be damages [...]
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October 9, 2009 – 7:38 am
April 1st 2008 Massachusetts let the auto insurance industry loose. Shifting from state regulated rates to a managed competition many changes were brought to the Massachusetts auto insurance industry and consumers. A study by the Department of Insurance analyzing this change included: a preliminary survey of 1,100 consumers, a comprehensive 30-minute survey of more than [...]
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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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September 30, 2009 – 7:22 am
Q: What’s the easiest way to keep low insurance rates? A: With a clean drivers record. Not only will you need to pay that speeding ticket, you’ll be paying for it the next couple years on your auto insurance. Insurance companies determine your rates in part by what kind of a driver you are. If [...]
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The new deregulated system for auto insurance in Massachusetts is showing signs of success! The number of auto insurance carriers offering plans in Massachusetts has increase by 50% since deregulation last year. Companies that have not been in Massachusetts are coming in. They are now able to offer discounts to compete for the business of [...]
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Direct writers are preparing for a battle with each other – and agents – with Geico and Allstate setting up shop in Massachusetts. According to the Insurance Journal, it’s been a long-time coming: “We have been looking forward to serving Massachusetts drivers for a long time,” said Steve Cunningham, regional vice president, in a statement [...]
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MassDriver told you Geico was on its way to Massachusetts,, and now Geico’s begun selling policies in the Bay State: GEICO started selling auto insurance to residents of the state of Massachusetts on Monday. Employees of GEICO started giving quotes online. The company said its first customer was Beth Opishinski of Whitman, Mass. Beth, if [...]
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Allstate is heading back to Massachusetts: The personal lines insurance company said it targeted Nov. 2 as the date in which it would offer rates to consumers, if it was successful in setting ratings with the Massachusetts Division of Insurance. Yet another big carrier brings additional options and choice for Massachusetts Drivers! We’ll be sure [...]
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April 1 marks the one year anniversary of managed competition for Massachusetts auto insurance, and, as the varied stories show, whether or not the consumer is benefiting is still in question. According to Insurance Journal: “It’s difficult to measure the exact impact of the new system so far.” Customers are saving money with managed competition according [...]
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