East News
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Mass. Auto Insurers Seek 5.8% Increase
East News • August 16, 2004
If Massachusetts private passenger auto insurers get their way, the rates they charge drivers in this state will increase an average 5.8 percent next year.
The Automobile Insurers Bureau of ...
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| Subject | Posted By | Posted On |
|---|---|---|
| Mass Auto Insurance rates | Maurice J. Rubino | Aug 16, 2004, 12:12 pm |
| Back to article | ||
Subject: Mass Auto Insurance rates
Transitional Procedures. Section 2. of the H-4675 establishes an effective date for the legislation of April 2007 for auto policies issued on and after this date. It also provides that the rate decision applicable to auto policies issued on and after January 1, 2006 will continue to apply to policies issued through March 31, 2007. This transition provides sufficient lead time to allow parties to prepare for the new effective date.