Insurance CoverageCommerce Insurance, the largest Auto Insurer in the state of Massachusetts, is caught overcharging its customers for motorcycle insurance and agrees to pay over $15 Million in damages
According to the Boston Globe, the Massachusetts Insurance Carrier, Commerce Insurance has agreed to settle a lawsuit against them by the State attorney general’s office as a result of unfair billing practices. Commerce Insurance admitted to overbilling their policy holders because they overvalued motorcycles and did not account for depreciating values of older motorcycles. As part...