Massachusetts Attorney General, Martha Coakley has agreed to terms of discontinuance with two insurance companies, Encompass & Amica, for allegedly overcharging MA consumers for using inflated motorcycle values to calculate insurance premiums.
Under the terms of the agreement, Coakley announed Encompass will pay about $2,000,000 to policyholders and Amica about $800,000 in addition to other penalties.
To see if you are eligible for a refund, Massachusetts motorcycle insurance consumers can visit the MA state, Attorney General’s Motorcycle Insurance Settlements Page or call the Insurance & Financial Services Division at 1-888-830-6277.