Post Content

 

One of the goals of Governor Deval Patrick’s move to managed competition in auto insurance was to create a more competitive environment for companies to work to win new customers. Based on the number of auto insurance companies advertising in Massachusetts, this goal is being met.

We’ve seen the ads promoting savings, better benefits, and stronger customer service. Whether the spokesmen are reptiles, respected actors, or average customers, they all offer the hope of a better deal. And while there is growing opportunity for drivers to shop for an auto insurance policy that offers both protection and a good price, consumers need to be sure a company can deliver what it advertises.

The Division of Insurance has created a Consumer Alert that outlines some of the issues consumers should be aware of as they watch ads. Consumers need to understand that “average savings” touted in ads may or may not apply to an individual as their policy cost is determined by a complex process. Consumers also need to understand that lower prices may not include some benefits or protections they may want to have, and they need to know if some extra benefits may be included when comparing similarly-priced policies.

Now is a good time for consumers to shop for auto insurance. You don’t have to wait for your policy to expire to shop, but many drivers’ policies expire in the first three months of year, so it might be time to shop around now. We’ve heard from drivers who have saved hundreds by shopping for car insurance since the reform of our market began in 2008.

Shopping for auto insurance can take a few hours, whether you’re meeting with your insurance agent or doing some research on your own. But it might be time well-spent if you end up saving up to hundreds of dollars in the process.

Written By:

Recent Posts

Shop Smart this Black Friday 2019! posted on Nov 26

Shop Smart this Black Friday 2019!

Black Friday is almost here! While looking through advertisements for the perfect deals, don’t forget the protections afforded to you as a consumer under Massachusetts Law. To help you prepare for this big shopping day, we’ve complied some important tips to keep in mind: Shopping   …Continue Reading Shop Smart this Black Friday 2019!

Customized Wheelchair Lemon Law Arbitration program Overview posted on Nov 14

Customized Wheelchair Lemon Law Arbitration program Overview

Consumers in Massachusetts who purchase wheelchairs may face unfair and deceptive business practices. Fortunately, our Office administers a Wheelchair Arbitration program based on Customized Wheelchair Lemon Law (M.G.L. c. 93, § 107). The program provides you with the ability to settle disputes with the manufacturer   …Continue Reading Customized Wheelchair Lemon Law Arbitration program Overview

Save On Your Cable TV Bill! posted on Nov 5

Save On Your Cable TV Bill!

Cutting the cord has become a common phrase for consumers switching from traditional cable providers to internet and streaming television options. Traditional cable packages can cost anywhere from $50 to over $200 per month, making cable one of the higher monthly utilities in your home.   …Continue Reading Save On Your Cable TV Bill!