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Insurance, Don't leave home without it!

Most states require that you have auto insurance on your car, truck, or van.   Most banks require auto insurance before you receive an auto loan.  Depending on the price paid for a used car, you should ask about full coverage insurance prices.  Laws differ from state to state. The sites listed below will help you with the laws in your state and give you free quotes.

New Companies' Break Unfair

The more established auto insurance companies are up in arms against the state’s new rules as they say that they are giving an “unfair advantage” to those new to the scene. They say that those auto insurance companies that are just entering the Massachusetts industry should not get preferential treatment – yet they are.

They are angered that the new auto insurance rules that were passed the first of this month give the new companies a break on taking on high risk clients. Nonnie Burnes, Massachusetts’ Insurance Commissioner says that high risk drivers will be randomly assigned.

However, the new rules that were passed say that those new auto insurance companies do not have to take on any high risk clients for the first three years. They say that if anyone should have to take on the riskier clients it should be the new guys as they have already paid their dues by being in the state already.

The problem is that without high risk drivers, they stand to make more money at the end of the year as they conceivably won’t be paying out as much in claims as those that have a number of higher risk clients. They say that instead of it being based on market share, it should be based on longevity.





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