Technology Being Blamed for Driving Up Car Insurance Rates - NECN


The latest news from around the state

Technology Being Blamed for Driving Up Car Insurance Rates



    5 Reasons Why Québec City is The Place to be This Summer!

    Auto insurance rates in Massachusetts are on the rise and technology is to blame.

    Industry experts tell The Boston Globe that drivers distracted by smartphones are crashing more often and those cars are now more expensive to repair because they're loaded with on-board sensors and other gadgets.

    Some of the largest auto insurers in Massachusetts have received approval from state regulators to raise rates on average by between 3 and 6 percent this year.

    Mapfre USA Corp., with more than a million policy holders in Massachusetts, plans to raise premiums by an average of nearly 4 percent. Liberty Mutual Insurance Cos., with nearly 300,000 customers, plans average rate increases of more than 5 percent.

    Massachusetts drivers paid an average premium of $1,108 in 2014, the most recent data available.

    Get the latest from necn anywhere, anytime

    • Download the App

      Available for IOS and Android