Amica Mutual to Begin Quoting New Rates.LINCOLN Lincoln, city and district, England Lincoln, city (1991 pop. 79,980) and district, Lincolnshire, E England, in the Parts of Kesteven, on the Witham River. , R.I. -- Amica Mutual Insurance Amica Mutual Insurance is a mutual insurance company founded in 1907 and located in Lincoln, Rhode Island offering primarily auto, home, and life insurance. The company is licensed in 49 US states with most business concentrated in the Northeastern United States, Florida, Texas, Company announced today that it has begun quoting discounted auto rates for new business effective April 1, 2008 and later. With Amica's new competitive rating plan, Massachusetts Massachusetts (măsəch  `sĭts), most populous of the New England states of the NE United States. drivers will average a premium decrease of
7.9%, with a significant number of drivers realizing a rate decrease in
excess of 10%.
"Amica's discounted rates are already approved by the Massachusetts Division of Insurance, and we are ready to begin quoting for new business," said Lew Hassell, Assistant Vice President at Amica. "Our new rates present a real opportunity for Massachusetts drivers to save money, while getting coverage tailored to their individual needs." One unique benefit offered by Amica is a special discount of 3% to drivers who have been with their current carrier for three or more years. In addition to the standard Massachusetts discounts, Amica's new discounts for consumers include a: * 10% multi-car discount; * Multi-line discount of 2-10% (varies by number of lines); * 10% good student discount Amica has also introduced new coverages, such as Roadside Assistance, New Car Replacement coverage, and Auto Loan/Lease coverage. Additional money saving deductible That which may be taken away or subtracted. In taxation, an item that may be subtracted from gross income or adjusted gross income in determining taxable income (e.g., interest expenses, charitable contributions, certain taxes). options for Comprehensive, Collision and Limited Collision are now available. In addition, rates for Substitute Transportation coverage have been lowered and new limits have been introduced for added flexibility. J.D. Power and Associates has ranked Amica Mutual "Highest in Customer Satisfaction Among National Auto Insurers" for eight consecutive years, and "Highest in Customer Satisfaction Among National Homeowner Insurers" for six years in a row.(1) Amica Mutual Insurance Company, a direct writer and the nation's oldest mutual insurer An individual or company who, through a contractual agreement, undertakes to compensate specified losses, liability, or damages incurred by another individual. An insurer is frequently an insurance company and is also known as an underwriter. of automobiles, was founded in 1907. The company has insured Massachusetts drivers since 1922, and currently insures over 81,000 households in the state. The company, with corporate headquarters in Lincoln, Rhode Island Lincoln is a town in Providence County, Rhode Island, United States. The population was 20,898 at the 2000 census. Lincoln is located in northeastern Rhode Island, and is north of Providence. , is a national writer of automobile, homeowner, boat, yacht yacht: see motorboating; sailing. yacht Sail- or motor-driven vessel used for racing or recreation. The term is popularly applied to large recreational engine-powered boats; the sailboats known as yachts and used for racing are usually light and and personal umbrella liability insurance. Life coverage is available through Amica Life Insurance Company, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. . For more information, call us at 1-800-242-6422 or visit www.amica.com. (1) Amica received the highest numerical numerical expressed in numbers, i.e. Arabic numerals of 0 to 9 inclusive. numerical nomenclature a numerical code is used to indicate the words, or other alphabetical signals, intended. scores in the proprietary J.D. Power and Associates 2000-2007 National Auto Insurance Satisfaction Studies(SM). 2007 Study based on 16,012 responses from policyholders of 26 insurance carriers, who were surveyed from March-April 2007 about their experiences and perceptions. Amica received the highest numerical score in the proprietary J.D. Power and Associates 2002-2007 Homeowners Insurance Studies(SM). 2007 Study based on 10,903 responses from policyholders of 23 insurance carriers, who were surveyed from April-June 2007 about their experiences and perceptions. jdpower.com |
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