Live Insurance News

Auto insurance prices rise during the winter months

February 4, 2014February 1, 2014 Julie Campbell

A yearlong study has revealed that drivers in Massachusetts who purchase coverage when it’s cold pay more. According to the results of a study that has been conducted for a complete year, drivers purchasing auto insurance during the winter months in Massachusetts are more likely to pay elevated prices than they would if they bought their policies in the middle of summer. Motorists could spend as much as 20 percent more if purchasing their vehicle policies in March. Prices were also shown to spike for auto insurance coverage in January…

Nonsmokers homeowners insurance discounts are butting out

December 11, 2013December 9, 2013 Julie Campbell

Though once quite common, the reduced premiums paid by people who don’t smoke are becoming rare. It wasn’t that long ago that reporting to an insurer that you wished for nonsmokers homeowners insurance because nobody in the household was lighting up was not only good for the health of your family, but also for your wallet. However, it is becoming increasingly rare to be able to shave those extra dollars from your premiums in this way. This is especially the case in Massachusetts. The nonsmokers homeowners insurance discount in the…

Auto insurance consumer complaints break the 10,000 mark in Massachusetts

April 6, 2013April 30, 2013

These include inquiries that were made and received by the state regulators, all within 2012. Regulators in Massachusetts have reported that they received 10,729 communications from consumers in the state with issues regarding their auto insurance coverage, policies, and providers. The state reported that this was the total number of complaints that were received in 2012, alone. The report was made by the Office of Consumer Affairs and Business Regulation in the state, as well as its insurance division. The communications from the consumers involved both questions and complaints about…

Gun insurance proposal in Massachusetts opposed by insurers

March 8, 2013January 19, 2014 Julie Campbell

The controversy in the state continues as Rep. Linsky says that it would help to boost firearm safety. Two groups that have taken on the responsibility of representing the majority of Massachusetts insurers have announced that they oppose a new proposal in the legislature that would require firearm owners to buy a special gun insurance. This liability coverage would be required for owners in the state if the proposal is approved. The reason that they gave for their opposition to the gun insurance is that they do not support any…

Winter Storm Nemo has mild impact on homeowners insurance

February 15, 2013February 13, 2013 Dan

Homeowners insurance expected to fare well in wake of Nemo The northeastern U.S. has been suffering from a spate of natural disaster over the past few months. In October of last year, the East Coast was struck by Hurricane Sandy, which caused significant damage to homes and properties in New York and New Jersey. This month, a powerful blizzard swept across the northeast. Winter Storm Nemo, as it is called, buried much of the region in heavy snowfall, causing disruption of businesses in many states and causing further problems for…