Consumer Federation of America Supports Massachusetts Bill to Reform Auto Insurance, Lower Costs
In a letter to the Massachusetts Joint Committee on Financial Services, the Consumer Federation of America urged their support for S.790, a bill that would reform Massachusetts’s auto insurance market.
S.790 preserves and expands on the Massachusetts promise of fair auto insurance rates for drivers. It would help lower auto insurance costs for consumers by ensuring that insurance premiums are tied to consumers’ driving and not their socioeconomic status. And it would close loopholes by which insurance companies replace one form of socioeconomic discrimination with another.
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