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

Auto Insurance complaints

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…

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Travelers of Massachusetts unveils New Car Discount program for reduced insurance costs

Travelers of Massachusetts has announced that in response to the increase in new purchases – which, according to the Massachusetts Registry of Motor Vehicles, is expected to beat the 310,547 purchased last year by 7 percent – it is launching the New Car Discount. This will help the residents of Massachusetts who have purchased new cars to obtain greater savings on their auto insurance. In fact, drivers with new vehicles – that is, those that are less than three years old – will be able to use it to obtain…

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Massachusetts auto insurers under scrutiny

Massachusetts Attorney General, Martha Coakley, is taking aim at the state’s auto insurers. Coakley claims that the price for commercial coverage is excessive, costing consumers more than $1 billion over the course of seven years. The Attorney General is urging the state’s Insurance Commissioner, Joseph Murphy, to reduce rates. The notion has received opposition from many auto insurers who argue that the current rates are necessary. Coakley claims to have received information from the National Association of Insurance Commissioners and the Automobile Insurers Bureau that show consumers are paying too…

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