Massachusetts Insurance
Mass insurance is convenient and easy
when requesting a quote at Massquotes.com. We will quickly
send you a quote for
Massachusetts Auto
Insurance,
Life, or
Homeowners Insurance. We are confident in our
ability to offer you the best insurance rates from the leading
companies.
Massquotes, Who We Are
We are a growing group of local, Massachusetts Independent Insurance
Agencies that use numerous Massachusetts Insurance
Companies to help people with their auto, home & life insurance needs.
Our Agencies will work for you to provide the best insurance coverage, the
most discounts & the best rates.
When you request a quote from us, you are utilizing Independent Agents that
will shop for the best coverage and premiums. You will also get advice for
coverage from licensed, professional, independent agents. Call us today at
781-246-8699.
Massquotes Independent Advantage
At Massquotes.com, we utilize Independent
Insurance
Agents to provide quotes from numerous companies for auto, home, &
term life insurance. Our Agents offer the best service and the best
rates with the best companies. We quote insurance only in the
State of
Massachusetts and welcome inquiries from Independent Agencies.
Our Agents provide Registry service as
well as
coverage advice.
What's the Deal with Massachusetts Auto Insurance?
Presently no national online direct insurance writers such as GEICO, Progressive, or Allstate write policies in Massachusetts. Why? Because the Commonwealth of Massachusetts is the only state in the nation that sets auto-insurance rates. As a result, not only are companies not writing here but there has been an exodus of
Massachusetts insurance companies leaving the state. This system saves many drivers especially young, urban drivers, from paying outrageous insurance premiums.
So presently, in Massachusetts, all auto insurance rates are the same. HOWEVER, with the help of your
Massachusetts Independent Insurance Agent
you should be able to pick and choose coverage and deductible amounts and make sure that all applicable discounts are applied. Also, there are numerous “open group” discounts that are available through numerous Independent Insurance Agencies’ companies.
Massachusetts Auto Insurance
Reform Update:
Starting April 1, 2008 “Massachusetts Auto Insurance” will be the
name of the game. For the first time since 1977 (think: Mike
Dukakis), Massachusetts will have auto insurance rate competition.
Companies will be able to charge what they want for auto insurance.
Private passenger auto insurance reform has long been needed in
order to attract national insurance companies to Massachusetts.
Over the past three years state set auto insurance rates have gone
down by almost 25% in Massachusetts. What other products have there
been such reductions? Certainly not taxes, gas prices or cable
bills. Long before Massachusetts Insurance Commissioner Nonnie
Burnes announced implementation of the new “managed competition"
system, it was believed that Massachusetts was going to enjoy
another 10%, or so, reduction in auto insurance rates.
The reform skeptic in me is reminded of a scene in the movie
Wall Street:
Bud Fox: How much is enough?
Gordon Gekko: It’s not a question of enough, pal. It’s a zero sum
game, somebody wins, somebody loses. Money itself isn’t lost or
made, it’s simply transferred from one perception to another.
Is it simply coincidence that Gekko rhymes with the name of a
certain little, green lizard with an English accent? Probably, still
Massachusetts insurance companies are scrambling to make certain
that they are able to maintain their market shares.
Massquotes.com believes that “managed” competition will be good for most
Massachusetts drivers. The innocent casualties may be: new drivers,
those with poor driving records, and those who live in urban areas.
In the end, however and hopefully, the good guys (the consumers)
will win. We believe that it is a tremendous time to be an
Independent Insurance Agent in Massachusetts. It is an opportunity
for agents to show their true value by shopping for the best rates
and service for Massachusetts auto insurance consumers.
| Massachusetts Auto Insurance (Not So) Fun Facts |
-
Massachusetts has the highest
accident rate in the nation!
-
Massachusetts has the fourth highest
auto insurance rate in the nation!
-
Unlike other states in the country, Independent Insurance Agencies write 80% of the private passenger
auto insurance in the state!
-
The top three insurance companies in
Massachusetts write 50% of the market. The top ten companies write
90% of the market!
|
|
