MA Coronavirus: Healey Asks Insurance Companies To Cut Auto Rates

BOSTON — Attorney General Maura Healey called on the state’s Division of Insurance to reduce personal auto insurance premiums during the new coronavirus pandemic.

In a letter sent on Monday to Commissioner Gary Anderson of the Division of Insurance, the Attorney General's Office urged the commissioner to direct all auto insurance companies doing business in the state to lower insurance premiums paid by drivers - "immediately."

The attorney general argues that because travel and the number of crashes have fallen substantially across the commonwealth as a result of the COVID-19 pandemic, insurance premiums should also go down until the reduction in driving ends.

"People all across the state are staying home to reduce the spread of COVID-19," said Healey in a statement. "As a result, there are fewer drivers on the road, fewer car accidents, and lower risk involved, so people should be paying less. At a time when many are struggling financially, we should do everything we can to cut costs for families."

Many insurance companies have already lowered premiums or offered rebates due to reduced risk as a result of the COVID-19 pandemic. The attorney general said she and her office will continue to encourage other carriers to adopt reductions in premiums.

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