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Insurance coverage issue

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Old Mar 2, 2007 | 03:42 AM
  #11  
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Originally Posted by Bass,Mar 2 2007, 06:45 AM
there will be a 10% - 15% decress in MA insurance rates starting in April - mine renewed in march BUT i plan to drop my insuance for an hour in April and sign up again to take advantage of the new lower rates
They've already thought of that angle, and it won't fly.
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Old Mar 2, 2007 | 04:01 AM
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Originally Posted by Bass,Mar 2 2007, 06:45 AM
there will be a 10% - 15% decress in MA insurance rates starting in April - mine renewed in march BUT i plan to drop my insuance for an hour in April and sign up again to take advantage of the new lower rates
So when I register my car again around April 15th, will I benefit from this? I'll be adding to the same policy the winter beater is under.
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Old Mar 2, 2007 | 04:02 AM
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yes
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Old Mar 2, 2007 | 04:14 AM
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Originally Posted by Lainey8484,Mar 2 2007, 07:42 AM
They've already thought of that angle, and it won't fly.
I forgot how they covered that, but they did. There is some silly surcharge or something that makes it not work.
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Old Mar 2, 2007 | 04:48 AM
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so is it tied to when you renew the registration or the policy?
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Old Mar 2, 2007 | 04:50 AM
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Originally Posted by boltonblue,Mar 2 2007, 08:48 AM
so is it tied to when you renew the registration or the policy?
it's when your policy is renewed

before April same rate - after april rate -less 10%
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Old Mar 2, 2007 | 04:52 AM
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Insurance policy renewal, Steve, not registration.
Yep. They figured folks would do that and instated a penalty for dropping and reinstating your policy. It really was a nasty shell game. Rates are going down a huge amount. In April. Oh, yeah, the vast majority of you who renew in January have to wait until 2008 to see any reduction. If you drop and renew, we're going to penalize you. And by next year, we can raise the rates again. BOHICA.
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Old Mar 2, 2007 | 04:52 AM
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We do get the short end of the stick here in Mass. You also know you have lived under these conditions too long when you think that $1200 a year is actually not bad for the S. I pay $750 for my '97 Avalon!!!!!
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Old Mar 2, 2007 | 04:52 AM
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So, if you renew in march, will they change the rate for the remainder of the year after april? Or do you get stuck paying the higher rate for the whole year? If they do, that sucks eggs. I know when your step goes down mid year, they pro rate the remainder, so hopefuly they will do the same here.
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Old Mar 2, 2007 | 04:53 AM
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860.00 for my 99 'lude with nut'n but basic
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