Massachusetts auto insurance rates are skyrocketing

Auto Insurance rates for safe drivers

The state Governor is introducing a new approach to try to control this growing issue. When Governor Deval L. Patrick first made its significant deregulation changes to the once tremendously costly and extremely regulated Massachusetts auto insurance industry, five years ago, he also promised consumers that it would help them to save money as he brought in a new approach which he called “managed competition.” This strategy did work at first, with premiums falling an average of 12.7 percent from 2007 to 2009. This was according to the data from…

Read More