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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January 20, 2009 – 12:38 pm
Insurance Journal presents a very in-depth piece on a report by Fitch Ratings on the new competitive auto insurance market in Masschusetts. Automobile insurance in Massachusetts will never be truly competitive, says Fitch, until the state of Massachusetts abolishes its ban credit rating system for car insurance.
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January 19, 2009 – 11:41 am
A good article from the Motley fool on the financial standing of the state’s second largest insurer, Safety Insurance Group, and how insurance companies operated in Massachusetts before the state opened up its doors to auto insurance companies and competition. As a consumer, it’s a noteworthy process to be aware of the old system and [...]
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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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In this release by Electric Insurance Company, the company encourages Massachusetts Auto Insurance customers to forgo comparison websites and shop with it directly, citing the availability of inducements and discounts on its own cite. We can’t say that we agree with Electric, though we do like their insurance products! Comparison sites like MassDrive.com and others [...]
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Progressive Auto Insurance is now available for Massachusetts Car Insurance buyers, due to the introduction of competition by the Commonwealth of Massachusetts. According to this article in the Insurance Journal, Progressive is selling its services both directly to consumers and through agents. According to Cathy Wilton-Bransch, a spokesperson for Progressive: “We appreciate the work the [...]
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