Attorney General Martha Coakley says Liberty Mutual Insurance Co. has sent out over $3 million in motorcycle insurance refunds to roughly 9,000 Massachusetts residents the company allegedly overcharged for collision and comprehensive coverage.
In a statement Wednesday, Coakley said distribution followed a settlement reached in January. Liberty Mutual must finish issuing the refunds by May 1.
The average refund is $334, but 740 residents will receive refunds between $1,000 and $9,200.
In order to be eligible for a refund, a consumer must have purchased either comprehensive or collision coverage for his or her motorcycle between Jan. 1, 2002 and March 30, 2009.
Anyone with questions should visit the Attorney General’s Frequently Asked Questions Web page.
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