Auto Insurance Risk Selection Massachusetts

Auto insurance providers follow a process to determine risks involved in insuring your car. Normally, state mandates specific auto insurance premiums and insurance providers have to accept them.

Local Companies

AAA Southern New England
(781) 871-5880
900 Hingham Street
Rockland, MA
Sullivan Insurance & Financial
978-372-2790
487 Groveland Street
Haverhill, MA
Chase & Lunt Insurance
978-462-4434
47 State Street
Newburyport, MA
Sullivan Insurance & Financial
(978) 372-2790
487 Groveland Street
Haverhill, MA
O'Connor & Co. Insurance Agency, Inc
508-943-3333
16 Village St po 1458 Dudley, MA 01571
See Above, MA
Cote Insurance Agency
508-324-0700
511 Newton St
Fall River, MA
West Boylston Ins Agcy Inc
(508) 835-3877
12 W Boylston St Ste 1
West Boylston, MA
Kaplan Simon Ins Agcy
(617) 965-3158
345 Boylston St
Newton, MA
Clifford R Larson Insurance Agency Inc
(781) 646-9200
1343 Massachusetts Ave
Arlington, MA
Costa Insurance
(508) 677-2353
92 S Main St
Fall River, MA

Provided by:

Auto insurance providers follow a process to determine risks involved in insuring your car. Normally, state mandates specific auto insurance premiums and insurance providers have to accept them.

Auto insurance providers work within this framework of regulations and determine applicable auto insurance charges for your car. They also consider various factors like your driving record, make of your car, and similar more.

In some states, there are no federal rules governing applicable auto insurance premiums. It is according to statistical data available through actuaries. Insurance providers maintain a list of data according to previous accidents, information of applicants, and other general information.

This classification delivers various classes of drivers according to their risk factors. Common risk factors include age, gender, marital status, location of residence, make of car, driving record, number of accidents, and similar more. Auto insurance providers assign specific insurance rates according to these factors. This is auto insurance risk selection.

Different auto insurance providers assume different parameters to judge risks. Accordingly, auto insurance rates applicable are not the same with all providers. Hence, there could be discrepancies in auto insurance premium rates for you and your friend although both have similar risk factors.

Changes in determining factors could bring in changes in auto insurance premiums.

To read the full article, visit Myhonestmechanic.com

Featured Local Company

AAA Southern New England

(781) 871-5880
900 Hingham Street
Rockland, MA
When you hear the name AAA, the first thing that comes to mind is probably maps and emergency road service, two of the cornerstones of our organization. But these days AAA is known for much more - assisting people in many facets of their lives, including travel and lodging; auto buying, leasing, renting, and repair; financial services such as loans and credit cards; and insurance needs.

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Related Local Event
New England International Auto Show
Dates: 12/2/2009 - 12/6/2009
Location: Boston Convention & Exhibition Center
Boston, MA
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