Smart Auto Insurance Blog

Dairyland Insurance, which specializes in covering motorcycles has agents in many states.  Like most auto insurance companies they determine your rate by a number of criteria, and when shopping around for motorcycle insurance particularly it’s important to know what factors are being used.

According to the article “Dairyland Motorcycle Insurance” on motorcycle-insurance-tips.com, your car insurance quotes are based on your age, how much experience you have driving a bike, your location, claims history and driving record.  They also considered if you have taken the important MSF training course on motorcycles.

They type of bike you drive is also factored in.  The newer and more expensive the bike, generally the more expensive it will be.  You can have some control over your monthly premium by adjusting your coverage levels for medical and liability protection.  Wealthy drivers with a lot of assets may want more protection then someone with little to no assets.

According to the article “Car insurance rates fall 8%, state says” by Todd Wallack in the Boston Globe, Massachusetts auto insurance rates have fallen since they stopped setting their own rates back in 2008.  This information was obtained from the Division of Insurance.

The state study shows that auto insurance rates have dropped 8.2% from April 08 to April 09.  The rates also fell 5.2% from 06 to 07.  In April of 2008 Massachusetts started allowing auto insurance companies to set their own rates which was to create managed competition.  Before this rates were highly regulated. 

Jason Lefferts, for the insurance division, said that the study also found that during the last year the number of uninsured cars in MA fell and that less people were placed in the high-risk driver category.  Since the change in regulation 9 auto insurance companies have entered the Massachusetts auto insurance market.