Massachusetts Auto Insurance Quotes To Change?
Saturday, December 26th, 2009According to the article “AG Urges Changes In Auto Insurance” by Robert Weisman on boston.com, Massachusetts Attorney General’s office issued a report claiming that managing competition in the auto insurance system, started back in 2007, is not working.
The new system has attracted more auto insurance companies to the state, but Massachusetts auto insurance quotes are starting to factor in socioeconomic factors that aren’t related to driving record and this is concerning many. The AG also faults the state Division of Insurance for not providing data to compare auto insurance quotes and make it easier for Massachusetts residents to shop around.
Attorney General Martha Coakley is afraid that consumers are not getting the best deal on their auto insurance rates. She wants to initiate a few changes to better the system, such as requiring insurance companies to justify their discount rating system when determining their auto insurance quotes. She would also like a Massachusetts website made readily available to residents to compare MA rates easily online. The new system has showed mixed results, so it’s still to be determined how everything will pan out.







