By: John E. Dowd, Jr In the world of insurance everyone knows that driving history can impact your insurance rates. What most people do not realize is that your insurance rates can go up because you decided to buy a new pair of shoes or a nice new grill for the summer months. This emerging tactic is called price optimization
Read MoreBy: John E. Dowd, Jr. Today our entire lives are bundled, we bundle our cable, internet, and phone, and just like shopping at Costco the idea of ordering in bulk or paying for multiple services through one provider brings the price down. The same can be said for insurance policies. Most Americans start driving under their parents insurance and although
Read MoreFind the answers to the most commonly asked questions about new drivers here.
Read MoreThe following article was provided by Massachusetts Association of Insurance Agents in their February 2012 Registry News: Massachusetts car buyers are being charged so-called “documentation preparation” fees that can range as high as $400 supposedly for processing paperwork and storage of documents,according to a state-wide survey by the Office of Consumer Affairs. The Office of Consumer Affairs surveyed almost 190
Read MoreMassachusetts drivers have saved $480 million in car insurance premiums since a managed competition system was instituted three years ago this spring, says the state’s insurance commissioner. Instituting competitive rates also brought 13 new insurers to the Bay State’s auto insurance market, and some consumers say they’re still reaping savings year-to-year as they find bargains thanks to careful comparison shopping.
Read MoreAllegations that some insurance companies were illegally using inflated motorcycle values to calculate premiums and failing to depreciate motorcycle values as policies renewed has resulted in settlements for over 100,000 policies. Click here to read the release from Attorney General Martha Coakley. If you purchased motorcycle insurance from Arbella, Hanover, Norfolk & Dedham, OneBeacon (Mass. Homeland), Liberty Mutual, Quincy Mutual, Safety
Read MoreIs your license up for renewal? Be Sure to Check Your License Expiration Date! The Massachusetts Registry of Motor Vehicles will no longer mail out renewal notices. Be sure to renew at least seven days before your birthday to ensure that you receive your new license before your old license expires. You can renew online instead of in line.
Read MoreThe NAIC has compiled some suggestions to help lower your auto insurance premiums. To read their tips, click here.
Read MoreIf you’re planning a summer road trip, it’s crucial to review your auto insurance before you hit the road. In case you’re involved in an accident, it’s also important to know what happens when you file a claim. The National Association of Insurance Commissioners (NAIC) offers these tips for consumers planning summer travel.
Read MoreIf you wonder as you pass through a state what their laws are regarding cell phone use and the use of seat belts, this list with some of the states should help: State Cell Phones Safety Belts Connecticut Hand-held phones may not be uses while driving Required for drivers and front-seat passengers; standard offense Delaware No restrictions Required for driver and
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