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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.
The auto insurance
commission for the state of Massachusetts
says that she is looking to change the way
that things are done around there.
Insurance Commissioner Nonnie S. Burnes
says that she thinks that competitive rate
setting might be just what the state’s
auto insurance system needs.
Burnes has not made clear where she thinks
the next steps might fall for the auto
insurance changes, but she said that she
did feel that the time might be right for
such a change. Some are wondering where
her authority lies and if she has the
right to make this sort of change.
Others welcome the change as they feel
that they will stand a better chance of
getting lower rates if there is some sort
of competition going on. They think that
perhaps if there is more at stake the auto
insurance companies might be willing to
make greater changes to the policies and
maybe they will catch a break.
However, others remember the last time
that this was tried and auto insurance
rates went through the roof. Those that
fall into the young or urban categories
found themselves having to fork out much
more for the same policies. They do not
want the change and think that Burnes
needs to rethink the plan.