Mass. Motorcyclists to Get $2.8M Refunds From Encompass, Amica Mutual

December 4, 2012

  • December 4, 2012 at 2:19 pm
    Bluemax says:
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    Why would the article name 2 companies and refer to 15 but leave them unammed?

  • December 4, 2012 at 4:08 pm
    just wondering says:
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    This article causes more questions than it answers, for me at least. My area is Commercial Insurance, so not really conversant in Personal Lines. However, my experience has been that Auto (and Motorcycle) premiums are based on the Original Cost New. It is the year of the vehicle that brings in the depreciation factor. Were these organizations rating all vehicles as being NEW or less than 1 year old?? Very odd, particularly that it should go on so long.

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