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ADDITIONAL $5.6 MILLION IN INSURANCE REFUNDS FOR MASSACHUSETTS MOTORCYCLE OWNERS

Published on 10/3/2011

FOR IMMEDIATE RELEASE
ADDITIONAL $5.6 MILLION IN INSURANCE REFUNDS FOR MASSACHUSETTS MOTORCYCLE OWNERS

The Massachusetts Attorney General’s Office today announced that an additional $5.6 Million in insurance refunds are expected to Massachusetts Riders. This brings the total agreements to 15 insurance companies and nearly $40 million in refunds to Massachusetts’ Motorcycle Owners.

Under the terms of today’s settlements, Premier Insurance Company of Massachusetts (“Travelers”) will make refunds totaling $5,000,386, American Automobile Insurance Company (“Fireman’s Fund”) will refund $571,394 and Electric Insurance Company (“Electric”) will return $123,882 to Massachusetts policyholders. Joining the prior 12 carriers, the three insurance companies are expected to send out over 14,000 refund checks in late October, averaging around $400 each, with some exceeding $1,000.

In order to be eligible for a refund, the insured must have purchased comprehensive and/or collision insurance coverage for a motorcycle on or after January 1, 2002 and that motorcycle must have been overvalued by the insurance company for the purpose of calculating premiums. Consumers who think they may be entitled to a refund can use the Attorney General’s Motorcycle Insurance Refund Lookup Webpage at:

www.motorcycle.ago.state.ma.us

…to find out whether they are eligible, and if so, how much they are entitled to receive.

Motorcycle owners can also find more information concerning the settlements on the AGO’s website:

www.mass.gov/ago/motorcycles

…or by writing the Massachusetts Motorcycle Association at MyRefund@MassMotorcycle.org

For more information, please see http://www.massmotorcycle.org or contact SafetyDirector@MassMotorcycle.org

Be sure to order your 2012 MMA Harley-Davidson Bike Raffle Tickets at http://www.massmotorcycle.org/
©2011 Massachusetts Motorcycle Association – Documents referenced herein are with permission of their respective Copyright owners.

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