Auto Insurance Rates To Drop
Drivers in Massachusetts will be getting a break on their auto insurance rates next year.
The State's insurance commissioner announced an 11.7 percent rate cut, that's a deeper cut than the 3.7 percent cut the insurance industry wanted, but not as much as the 18.2 percent reduction suggested by Attorney General Tom Reilly.
The rate cut will result in an average $120 savings per car. The cut goes into effect on April 1st.
This program aired on December 15, 2006. The audio for this program is not available.