Massachusett's bikers recieving motorcycle insurance refunds Clutch and Chrome
02.04.10
Nearly a third of the refunds won for riders by Massachusetts Attorney General Martha Coakley for allegedly overcharged motorcycle insurance policies have been mailed out.
The Attorney General announced that approximately 3 of the $11 million dollars in a January agreement settlement have been paid so far. According to the settlement, holders of motorcycle insurance policies with Safety Insurance Group, Liberty Mutual Insurance Company or Quincy Mutual Fire Insurance Company should see not refunds from being overcharged no later than August 2010, but also enjoy reduced premiums.
The three million dollars sent out so far has come from Liberty Mutual Insurance company.
"We are pleased that Liberty Mutual cooperated with our investigation and that policyholders are now receiving their refunds, particularly in this economy when every penny counts," Massachusetts Attorney General Martha Coakley said, "We will continue to work to achieve more transparency in the auto insurance industry. We encourage consumers with questions about their policies to contact our Insurance & Financial Services Division."
Source:
Best Life Insurance Company
Reader’s Question:
I don’t have very good experience with the past insurance companies I have dealt with here in Hawaii. When it comes to my life insurance, I wanna be able to find the best insurer for it, how can I do that?
Hans
Ewa, HI
For you to be able to find the best life insurance company to provide you coverage in Hawaii, you have to compare different life insurance companies. You may already know that comparing the rates and services from various life insurance companies is what you have to do for you to find the best insurer. In comparing life insurance companies, you have to obtain life insurance quotes from as many insurers as possible. This would guarantee that you can be able to choose the best life insurance company among a very large number. When comparing different insurers, the entire procedure would only take a few minutes of your time and it is a time very well spent.
In order for you to obtain life insurance quotes from the top insurers, you only have to provide certain personal details on a small online form. After that, you would receive a bunch of life insurance quotes wherein you can see the available offers from life insurance companies and how much their premiums will be.
Of course, this whole process of obtaining life insurance quotes is totally free of charge and you also don’t have an obligation to buy what the life insurance company offers. You should do this simple task of comparing life insurance quotes online from different insurers in order for you to find the best life insurance company.
State House Dome: Court fight may unbalance NH budgetThe Union LeaderShe said the JUA is not a state agency, so the AG can't represent it while representing the Insurance Department, which is part of the lawsuit. and more »
Letter of the dayWinnipeg Sun roads with no training or motorcycle licence at way less the insurance rate of someone like myself, with a five-merit licence for the last 34 years. and more »
More motorcycle deaths no insurance coverBusinessDayRate of people who get involved in motorcycle accidents is becoming worrisome, as the record of deaths, particularly accident victims caused by motorcycle and more »
MonitorBankRates.comCompare Auto Insurance Rates and Auto Insurance Company RatingsMonitorBankRates.com insurance search tool to find auto insurance companies providing coverage in your zip code. MBR also has a motorcycle insurance rate tools.and more »
Ask the Times: Photo radar 'Work Zone' citationsMyWebTimes.comDrivers will also receive demerit points against their license, which allow insurance companies to raise Insurance rates. "This is the harshest penalty and more »
![Compare Auto Insurance Rates and Auto Insurance Company Ratings MonitorBankRates.com]("http://nt2.ggpht.com/news/tbn/xpaThSCNE8xm0M/6.jpg")
MonitorBankRates.comCompare Auto Insurance Rates and Auto Insurance Company RatingsMonitorBankRates.com insurance search tool to find auto insurance companies providing coverage in your zip code. MBR also has a motorcycle insurance rate tools.and more »
