Archive for the ‘Liberty Mutual Insurance News’ Category
Massachusetts Auto Insurance Rates Slowly Coming Down
According the Boston Globe, Massachusetts auto insurance rates are slowly lowering for many consumers.
Other companies that have recently changed their auto insurance rates, according to published reports, include Commerce Insurance Co. of Webster, which is lowering its average rate 4.5 percent; Liberty Mutual of Boston, which is raising its average rate 4 percent; and Quincy Mutual Fire Insurance Co., which is raising rates an average of 3 percent.
“After four successive years of declining rates, including last year’s 10.7 percent decrease, loss trends, expenses, and inflation dictated a need to increase rates,” said John Natale, a spokesman for Liberty Mutual, which is based in Boston.
Banter on Boston.com
Posted by Sunny in Competition, Liberty Mutual Insurance News, Progressive Insurance News on February 2nd, 2009
The Globe story yesterday prompted some real debate on Boston.com over the value of independent insurance agents versus direct auto insurance carriers like Progressive and Liberty Mutual. I tend to agree that direct writers spend their “commission” dollars on advertising just like agent companies pay agents. However, you can’t argue with real savings and Progressive.com is an easy place to buy auto insurance.
Keep the companies competing for your business and the more companies the better! Check out the banter and read for yourself.
