According to the Massachusetts Division of Insurance, auto insurance rates dropped 8% since competition was introduced to the state auto insurance market:

According to a state study, auto insurance rates dropped 8.2 percent from April 2008 to April 2009, compared with a 5.2 percent decline from 2006 to 2007. The state allowed insurance companies to start setting their own rates on April 1, 2008, under what officials called a “managed competition’’ plan. Previous to that, auto insurance had been highly regulated.

Great news for consumers in Massachusetts – make sure you get a competitive Massachusetts auto insurance quote, from sites like, before you renew your auto insurance policy.