Massachusetts Auto Insurance Appeal Board to Shut Down
As of April 1st, Massachusetts auto insurance customers will no longer be able to appeal surcharges on their premiums if they are found at fault in an accident, reports Ron Sanders of WBZ. The state’s insurance commissioner wants to eliminate the Auto Insurance Appeal Board, the only one of its kind in the nation, because of inefficiencies and high costs. Instead, auto insurance companies themselves will be allowed to review appeals.
Ron says that legislators are fighting to keep the appeal board active: almost half of Massachusetts drivers win their appeals, saving them $25 million each year. They worry that insurers will be unfairly biased towards rejecting appeals, although the insurance commissioner counters that people can shop around for auto insurance quotes and switch their provider if they are unhappy with the results.
Tags: auto accidents, auto insurance appeal board, Auto Insurance Premiums, auto insurance quotes, car accidents, Car Insurance, insurance commissioner, massachusetts auto insurance
