In April 2008, the old system of auto insurance in Massachusetts was replaced by managed competition, which allows each insurance company to set its own price and compete for consumers’ business. Since the start of 2008, drivers have saved over $470 million on car insurance.
One thing we have consistently said since the start of managed competition is that the best way to save money on auto insurance is to shop around. It might take an hour or two, or a meeting with your agent, but the potential of hundreds of dollars in savings can make that time well spent.
If you’ve shopped for auto insurance, we want to hear about your experience. Please take a minute to take a short, anonymous survey. It is only a few questions, and will help us get a better sense of what consumers are seeing in the marketplace. Thanks in advance for you help.
What teens and seniors should know about 18-65 accounts posted on Apr 25
April is Financial Literacy Month and the Office of Consumer Affairs and Business Regulation is offering tips on how to establish and maintain healthy financial habits. It’s never too early or too late to take an interest in your personal finances. But for many, …Continue Reading What teens and seniors should know about 18-65 accounts
Tips to Reduce Your Junk Mail posted on Apr 20
Many Americans open their mailboxes to find them stuffed with envelopes bearing the names of unfamiliar or unsolicited companies. 44 percent of junk mail is thrown away unopened. As a result, about 5.6 million tons of mail offers and advertisements end up in U.S. …Continue Reading Tips to Reduce Your Junk Mail
Buyer Beware: Why clothing ads are not always what they seem posted on Apr 20
Online shopping provides a fast, convenient platform for purchasing items without the hassle of driving to a store. However, scammers often take advantage of the popularity of the online retail industry, sending purchased products that are either not what was advertised or far inferior …Continue Reading Buyer Beware: Why clothing ads are not always what they seem