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.
May is Military Appreciation Month posted on May 26
May is Military Appreciation Month and the Office of Consumer Affairs and Business Regulation, together with its regulatory agencies, acknowledges and remembers all the men and women who have made the ultimate sacrifice in service to our country. The Office also extends sincere and …Continue Reading May is Military Appreciation Month
Online Smarts: Dangers of Public Wi-Fi posted on May 26
Free, public Wi-Fi is available almost everywhere today. From the usual spots, such as coffee bars and airports, to the less common, such as steakhouses and amusement parks, public Wi-Fi is a convenience upon which most consumers rely. The problem with public Wi-Fi, however, …Continue Reading Online Smarts: Dangers of Public Wi-Fi
Online Smarts: Crowdfunding Scams posted on May 20
Crowdfunding websites have become major platforms for raising money for various causes, from the production of a local band’s first album to the payment of a cancer patient’s medical expenses. While websites like Kickstarter and GoFundMe have been instrumental in funding entrepreneurial products and …Continue Reading Online Smarts: Crowdfunding Scams