We’ve all heard it before: a brand-new car loses 30% of its value when it’s driven off the lot. That means if your car is totaled or stolen, your insurance company will only pay out what your car is worth at the time of the claim. The purpose of Guaranteed Asset Protection—better known as GAP insurance—is to cover the
Read MoreEven for a Massachusetts native, there are plenty of reasons to visit New England’s northernmost state. Go for the legendary lobstah. Check out the vast beaches or historic hiking trails. Shop the famed outlets, and score your favorite fashions for less. But if you’re looking to score a bargain on your trailer’s registration, you’re wiser to stay close to home.
Read More“Can I take the car tonight?” It’s one of those questions that virtually all parents anticipate, and that most ultimately will hear—time and again. The thought of your son or daughter behind the wheel of a vehicle may stir a mix of emotions, from anxiety and fear to excitement and relief. Although the nuances of auto insurance may not be
Read MorePicture this – it’s Thanksgiving and you have entire gaggle of family show up for the holidays, some by plane and some by car. While you are thrilled about your family visiting, chances are these out-of-town guests will ask to borrow your car for a last minute trip to the grocery store. You might want to hesitate before tossing them
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What is the Difference Between Collision and Comprehensive Auto Insurance? All automotive insurance policies are not created equal, and unlike liability coverage, both collision and comprehensive insurance are intended to pay for damage to your own vehicle. While all types of auto insurance are important, as a driver it is imperative to know how your policy protects your car. What
Read MoreBy: John E. Dowd, Jr In the world of insurance everyone knows that driving history can impact your insurance rates. What most people do not realize is that your insurance rates can go up because you decided to buy a new pair of shoes or a nice new grill for the summer months. This emerging tactic is called price optimization
Read MoreBy: John E. Dowd, Jr. Today our entire lives are bundled, we bundle our cable, internet, and phone, and just like shopping at Costco the idea of ordering in bulk or paying for multiple services through one provider brings the price down. The same can be said for insurance policies. Most Americans start driving under their parents insurance and although
Read MoreFind the answers to the most commonly asked questions about new drivers here.
Read MoreThe following article was provided by Massachusetts Association of Insurance Agents in their February 2012 Registry News: Massachusetts car buyers are being charged so-called “documentation preparation” fees that can range as high as $400 supposedly for processing paperwork and storage of documents,according to a state-wide survey by the Office of Consumer Affairs. The Office of Consumer Affairs surveyed almost 190
Read MoreMassachusetts drivers have saved $480 million in car insurance premiums since a managed competition system was instituted three years ago this spring, says the state’s insurance commissioner. Instituting competitive rates also brought 13 new insurers to the Bay State’s auto insurance market, and some consumers say they’re still reaping savings year-to-year as they find bargains thanks to careful comparison shopping.
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