Monday, 19 December 2005
Auto Rates Going Down in Massachusetts
Insurance premiums are pricey, but Massachusetts residents are getting a little relief the Eagle Tribune recently reported. In the new year drivers will see their insurance rates go down about $95 dollars per vehicle or just about 8.7%. The decrease is the largest residents have seen in over 25 years.
Massachusetts drivers will save a projected $380 million in insurance costs.
The new rates may come at the expense of the ‘good driver discounts’ Massachusetts insurers typically granted drivers with better than average records.
While the news is good to some, others were hoping for a larger reduction, including Attorney General Thomas Reilly, who had publicly sought an 18% rate cut.
For the full story, visit the Eagle Tribune online.
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