Auto Insurance News

Allstate-If your initial premium payment for your first policy is by check, draft, or any remittance other than cash, such payment is conditional upon the check, draft or remittance being honored upon presentation. If such check, draft or remittance is not honored upon presentation, this policy shall be deemed void from its inception. Eurance has […]

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Gov Baker changes in Surcharge Threshold now in Effect

Governor Baker has signed the 2016 State Budget, and we‘re happy to report that outside budget item, Section 14 which increases the minor and major thresholds for surchargeable accidents, survived the process. As a result the thresholds for both minor and major surchargeable accidents have increased to over $1,000 and over $5,000 respectively. The change […]

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Fenway Park Plates

Effective December 31, 2013, due to a licensing agreement with Major League Baseball, Fenway Park plates can no longer be issued or renewed. Mass Residents who currently have active Fenway Park plates will not be permitted to renew, replace lost/stolen plates, transfer or reassign these plates after December 31, 2013.

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Tower Group Update

 A.M. Best has reduced Tower Group’s Best rating from A- excellent to B++ good.  Even though B++ is still considered by Best to be “good”, there is always a concern when a carriers rating is downgraded, but especially when it falls below A-, as this could be an indication of further downgrades to come.     Tower […]

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What is the Fiscal Cliff?

On Jan. 1, 2013, when the terms of the Budget Control Act of 2011 take effect, the United States will face what has been referred to as the “fiscal cliff.” In general, this refers to widespread tax increases and spending cuts that will occur if the tax cuts put in place by former President George […]

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Smile Pretty Flo is Taking your Picture…

We found that Progressive made a filing (which was placed on file) which included Usage Based Insurance (UBI). According to the filing, a device that plugs into the vehicle‘s On-Board Diagnostic port records the date and time of installation and disconnection and the time of day and speed at which the vehicle is operated. After […]

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Travelers Insurance and Accident Forgiveness

Your loyalty to Travelers Insurance and excellent driving record(s) of your household have earned you an Accident Forgiveness Benefit at no additional cost to you. Provided you continue to meet the eligibility requirements for the rest of the current policy term, Travelers Insurance will add this benefit to your policy automatically on renewal. Eligibility requirements […]

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RMV installs new phone system

The RMV recently installed a new phone system for its Headquarters in Quincy. The old phone numbers will continue to work temporarily. Here are some important numbers for you: Department Phone No. Fax No. Main Switchboard 857.368.8000 Accident Report 857.368.8109 857.368.0811 Auto Theft Unit 857.368.8060 857.368.0818 Board of Appeals 617.521.7794 Boat Registration/Environmental Police 617.626.1630 Court […]

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CAR Submits MAIP Rate Filing

CAR filed its proposal for the Massachusetts private passenger residual market rates with the Division of Insurance on May 25, 2012. The filing has a proposed effective date of October 1, 2012, estimating an overall rate level increase of 8.7% The proposed rates have NOT been placed on file by the Division of Insurance, but […]

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