02.07.08
Amica Mutual to Offer Discounted Rates and More Coverage Options in Massachusetts
LINCOLN, RHODE ISLAND Amica Mutual Insurance Company announced today that it has begun quoting discounted auto rates for new business effective April 1, 2008 and later. With Amica’s new competitive rating plan, Massachusetts drivers will average a premium decrease of 7.9%, with a significant number of drivers realizing a rate decrease in excess of 10%.
"Amica’s discounted rates are already approved by the Massachusetts Division of Insurance, and we are ready to begin quoting for new business," said Lew Hassell, Assistant Vice President at Amica. "Our new rates present a real opportunity for Massachusetts drivers to save money, while getting coverage tailored to their individual needs."
One unique benefit offered by Amica is a special discount of 3% to drivers who have been with their current carrier for three or more years.
In addition to the standard Massachusetts discounts, Amica’s new discounts for consumers include a:
- A 10% multi-car discount;
- A multi-line discount of 2-10% (varies by number of lines);
- A 10% good student discount
Amica has also introduced new coverages, such as Roadside Assistance, New Car Replacement coverage, and Auto Loan/Lease coverage. Additional money saving deductible options for Comprehensive, Collision and Limited Collision are now available.
In addition, rates for Substitute Transportation coverage have been lowered and new limits have been introduced for added flexibility.
J.D. Power and Associates has ranked Amica Mutual "Highest in Customer Satisfaction Among National Auto Insurers" for eight consecutive years, and "Highest in Customer Satisfaction Among National Homeowner Insurers" for six years in a row.*
Amica Mutual Insurance Company, a direct writer and the nation's oldest mutual insurer of automobiles, was founded in 1907. The company has insured Massachusetts drivers since 1922, and currently insures over 81,000 households in the state. The company, with corporate headquarters in Lincoln, Rhode Island, is a national writer of automobile, homeowner, boat, yacht and personal umbrella liability insurance. Life coverage is available through Amica Life Insurance Company, a wholly owned subsidiary. For more information, call us at 800-242-6422.
* Amica received the highest numerical scores in the proprietary J.D. Power and Associates 2000-2007 National Auto Insurance Satisfaction StudiesSM. 2007 Study based on 16,012 responses from policyholders of 26 insurance carriers, who were surveyed from March-April 2007 about their experiences and perceptions. Amica received the highest numerical score in the proprietary J.D. Power and Associates 2002-2007 Homeowners Insurance StudiesSM. 2007 Study based on 10,903 responses from policyholders of 23 insurance carriers, who were surveyed from April-June 2007 about their experiences and perceptions. jdpower.com