Industry Updates
For the first time in 30 years, personal auto insurance in Massachusetts has entered into a new competitive auto insurance system. That means more choices, more opportunities to save… and maybe a little more confusion.
On April 1, 2008, auto insurers will begin to set their own rates. This system is known as “managed competition.” The basic auto policy in Massachusetts is the same, with minimum coverages that are mandated by Massachusetts law. But now insurance companies can also offer a variety of coverages, limits, and deductibles that were previously not available.
Stay Com with Commerce
- Group discount for AAA membership plus enhanced auto policy coverages
- Loyalty discount – up to 4% – with 3 or more years uninterrupted coverage with Commerce
- 8% discount on Auto Premium if we insure Home/Condo/Renters with Commerce or MPIUA
- Multi-car discount 8%
- Over 65 discount
- Anti-theft discount up to 35% on Comprehensive Premium
- Low mileage discount up to 12%
- Good student discount up to 12%
- Paid in full discount 5%
Insuring both Home/Condo/Renters and your Auto continues to give the best discount available: 23%
Group Discount for AAA Members
The Group discount offered to AAA members continues to be effective in lowering premium plus giving added coverages such as:
- Additional substitute transportation coverage up to $900.00
- Cellular phone replacement up to $200.00
- Personal belongings up to $250 if damaged in a collision loss or other than collision loss
- Pet injury up to $500
- Laptop computer coverages up to $1000
- Replacement cost coverage fo car with car purchased less than 500 miles fo 1 yr or 15,000 miles
- Death benefit/when wearing seatbelt $5,000/with airbag $10,000
Travelers offers the following discounts on auto:
- Pay in Full — Earn a 3% discount if you pay your full premium within 5 days of your policy effective date.
- Multi-Car — 5%
- Age 65 and Older 25%
- Air Bag / Automatic Seatbelts — up to 25%
- Low Mileage — up to 10%
- Anti-Theft Device / Vehicle Recovery System — up to 36%
- Public Transit Commuter — A public transit discount of up to 10% (up to a maximum of $75 per eligible vehicle) is available if you provide your insurer with evidence of purchase of 11 months of commuter passes from qualified transit systems, and you do not drive your automobile to work or school. Supporting documents required for proof of eligibility.
- Sponsored Marketing Group Discount — You may qualify for a discount if you are a member of one of our sponsored marketing groups. Including Southcoast Health System Federal Credit Union & Southern Massachusetts Telephone Workers Credit Union. Call us for complete list
Quincy Mutual offers the following discounts on auto:
- Multi-Car — 8%
- 8% discount on Auto Premium if we insurance Home/Condo/Renters with Quincy or MPIUA
- Age 65 and Older 25%
- Air Bag / Automatic Seatbelts — up to 25%
- Low Mileage — up to 10%
- Anti-Theft Device / Vehicle Recovery System — up to 35%
