The Commonwealth of Massachusetts has launched a Web site that allows auto insurance customers to compare sample auto premiums – a move that the state says will help consumer find the best deals as managed competition shifts into high gear.
February marks the start of the policy renewal process and, for the first time in 30 years, auto insurers can now offer lower rates to good drivers, more product choices and better services.
The Division of Insurance estimates that low-risk drivers across Massachusetts can save at least 10 percent on their 2008 auto insurance premiums.
“Now that consumers finally have choice in our auto insurance market, they should exercise it by comparing different rates and policies to find the one that’s best for them,” said Commissioner of Insurance Nonnie S. Burnes. “This web site will help them begin this important process by showing them the considerable opportunities for savings that are out there and how to contact the companies and agents for more information.”
The Web site is available at www.mass.gov/autorates
Source: Mass. Division of Insurance