7 short years ago …

According to a recent article in the Boston Globe, MA auto insurance rates are on the rise …

MA Auto Insurance Discount Programs

7 short years ago the Massachusetts auto insurance industry welcomed “managed competition” to the state.

Managed competition has helped usher in a new era for MA auto insurance consumers.

Companies that long ago fled the state, came back. Some that were never here entered the state.

In order to make certain you are getting the best rates, it’s important to shop around and look for every discount available.

The first place to start when looking for the best auto premium is by packaging your auto insurance with the same company as your home insurance.

If you don’t own a home or condominium, it might be time to purchase apartment insurance coverage. If not for the only reason of taking advantage of an auto insurer’s “account discount.”

Other discounts to consider:

  • Did you drive less than 10,000 miles over the past 12 months?
  • Are you a good driver? Have you had any at-fault accidents or moving violations over the past 6 years?
  • Do you pay your bills in full?
  • Do you receive your bills and documents by e-mail?
  • Did you recently get married? Do you have the same company as your spouse?
  • Are any of your kids good students? Do they have a “B” or better average?
  • Are you a college graduate?

According to a recent article in the Boston Globe (http://www.bostonglobe.com/business/2015/05/24/massachusetts-car-insurance-rates-climbing/Uht5d2fU0JX0ft3Rwa5CvO/story.html) MA auto insurance rates on the rise.

Now, more than ever, is the time to shop your auto insurance with a Massachusetts Independent Insurance Agent.

 

MA Auto Insurance Discounts Programs

Chances are, when you last signed up for auto insurance, things in Massachusetts were very different.

What else has changed? Maybe your situation in life?

Have you moved, gotten married, had a job change, or had kids?

Your insurance should change as your life changes …

MA Auto Insurance Discounts

Chances are, when you last signed up for auto insurance, things in Massachusetts were very different.

Once upon a time, with small deviations, all MA auto insurance rates were the same.

Since then, there have been some huge changes in the Massachusetts insurance landscape.

First, managed competition auto insurance entered the state. More auto insurance carriers entered the state and with them came competitive pricing, and consumer-friendly insurance products.

What else has changed?

Maybe your situation in life?

Have you moved, gotten married, had a job change, or had kids?

Your insurance should change as your life changes.

We will shop your Massachusetts auto insurance coverage with multiple companies, make coverage recommendations, and help you if you ever have a billing question or claim problem.

We re-rate renewals and suggest coverage improvements, insurance and discount programs.

Some of the traditional Massachusetts automobile insurance discounts include:

Age 65 or Older, Passive Restraint, Annual Mileage discounts, Anti-theft, Multi-Car, Driver’s Education, Public Transit

Additional discounts may include:

Account discounts, Excellent driver & excellent driver plus discounts (99 & 98 drivers), Pay in full discounts, Hybrid vehicle discount, Advanced driver training discount, Alumni & professional group discounts, Good student discount (“B” or better), Student away at school discounts

Call us for your free, no-obligation insurance discount review!

Massachusetts Safe Driver Auto Insurance Discounts

All these years you’ve been a safe driver. You honor the speed limit and traffic signals, wear a seatbelt, and avoid accidents and cell phone distractions. You’re the ideal auto insurance customer. But does that mean you automatically get a safe driver discount? …

Safe Driver Auto Insurance Discount

Do you qualify for a Safe Driver Discount?

Safe Driver Discounts Can Save You Money on Your Car Insurance Premiums

All these years you’ve been a safe driver. You honor the speed limit and traffic signals, wear a seatbelt, and avoid accidents and cell phone distractions. You’re the ideal auto insurance customer. But does that mean you automatically get a safe driver discount?

Truth is, it’s up to you to ask the auto insurance company for a safe driver discount. It’s worth the effort, because if you qualify, you could gain considerable savings on your car insurance premiums. Let’s take a closer look at what affects personal auto insurance premiums, how you can qualify for a safe driver discount, and what your discount might be worth.

How You Can Qualify for a Safe Driver Discount

Typically, auto insurance carriers review your motor vehicle record (MVR) for the state in which you are licensed to determine your safe-driving status and corresponding car insurance premiums. While carriers’ safe-driver discount eligibility requirements vary, here are some steps you can take to enhance your chances of getting a safe driver discount.

  • Get Certified: You should get certified as a safe driver. Completion of a defensive driving program that’s approved by your state and carrier may qualify you for a safe driver discount. Be sure to send a copy of the completion certificate to us at XYZ Insurance to qualify.
  • Review Your MVR: If your quoted auto insurance has a much higher premium that you think reasonable, review your MVR and correct any potential errors. You can usually obtain your MVR online, or from your local Bureau of Motor Vehicles, or by asking your auto insurance agent.
  • Understand What Affects Your MVR: In most states an MVR reflects violations we receive in the course of driving a vehicle. It’s important to note that:

o Violations are generally classed as either moving or non-moving and they do not necessarily affect your MVR the same. o Even if you don’t own the vehicle your record will be “charged” if you are driving and there is a violation. o The nature of the violation determines if you will receive “points” under your state regulatory scheme. The more points you accumulate, the worse for your MVR and the more you will pay for auto insurance.

  • Drive Safely: If you accumulate more points on your MVR than the law allows, your license becomes suspended pending your satisfaction of various state requirements. At the same time, the more points you have, the higher your auto insurance premium will be.Furthermore, you’ll have fewer insurance carriers willing to cover you. So, by all means drive safely to keep your points low!
  •  Wait It Out: In most states violation points are removed after three years. But remember that certain moving violations, such as excessive speeding, may remain on your MVR for five or more years even though the points have been removed. More serious moving violations, such as driving under the influence (DUI), driving while intoxicated (DWI) or driving with a suspended license, can also remain on your record and may result in your never being eligible for a standard or preferred rate carrier in the future. 

    What Is Your Discount Worth?

    Safe driver discounts vary among carriers but could range from 5% to 15% off your car insurance premium. With some auto insurance carriers, one discount may qualify you for additional discounts, reducing your annual car insurance premiums by hundreds of dollars. Add to this the cumulative effect of years and years of discounts, and you’ll find it definitely pays to be an attentive driver and earn the safe driver discount. If you’re a preferred driver and want to save even more, ask your carrier if taking a safe-driving course would help further reduce your car insurance premium.

    Safe Driver Discount Help Is Here

    As a driver, you understand that obeying traffic laws and being attentive behind the wheel are important for more than just your safety; they also can have a long-term impact on your auto insurance premiums. As your independent insurance agent, we specialize in getting the best coverage and most competitive rates for our customers.

    Contact us at Massautoquote.com to find out if you qualify for a safe driver discount, as well as other car insurance savings that come with your well-earned status as a safe driver.

Is a Disappearing Deductible a Magic Trick?

A disappearing collision deductible discount is not a magic trick. It can be a way for you to save money on your car insurance premium, if you qualify …

Massachusetts Auto Insurance Magic

A disappearing collision deductible discount is not a magic trick. It can be a way for you to save money on your car insurance premium, if you qualify. Essentially, the vanishing deductible is an incentive that rewards “safe” drivers by reducing the amount of their deductible, or out-of-pocket expenses if they do file a claim.

Insurance companies know that safe drivers have fewer car accidents and get fewer speeding tickets. Safety conscious car drivers tend to follow the rules of the road. They make fewer insurance claims. This can save insurance companies a significant amount of money every year. Insurance companies like to have safe drivers as policyholders for just this reason.

Vanishing Deductible Saves Safe Drivers Money on Deductible

Some big insurers offer “safe” drivers a special incentive, called the vanishing deductible discount. While each insurance company’s specific safe driver program varies, the programs generally subtract some of the cost of the deductible for each year a driver qualifies as a safe driver. Auto insurance companies also tend to reward driver loyalty.

It is important to realize that your insurance company does not take this safe driver deductible discount off the cost of your car insurance premium. Rather, this money is money saved out-of-pocket on the amount of your deductible if you have a car accident and file a claim.

How Does The Vanishing Deductible Work?

Let’s say that you have an insurance premium that includes a $1000 deductible. This means that in the event of a car accident in which there is $10,000 worth of damage to your auto, you will have to pay the first $1000 out-of-pocket. Your insurance provider will then cover the remaining cost of repair.

Typically, if you are in a vanishing deductible discount program, each year that you do not file a car accident claim, your insurer will drop your deductible by $100. If you went for ten years without an accident, depending on the maximum vanishing deductible credit your insurance company provides, you could, theoretically wind up with a zero deductible.

What Makes a Safe Driver?

Each insurance provider has different criteria for qualifying as a safe driver. The most important factors that insurers may consider include your driving history, history of traffic violations, car accidents, and other factors. Even if you have a less than stellar driver’s record, it may still pay to ask your insurance agent if you qualify or how you can qualify in the future.

Do You Qualify for the Vanishing Deductible Discount?

To learn whether your insurance coverage includes the disappearing deductible discount, give us a call or fax or e-mail us a copy of your Massachusetts Auto Insurance Coverage Page.

Get in touch with an agent who will take the time you need to understand your options. Call or click Massautoquote.com.