Arbella Decreases Auto Insurance Rates

The Arbella Insurance Group announced that they will decrease auto insurance rates effective July 1. New private passenger auto insurance rates will result in an overall average annual rate decrease of 8.7% from last year. Arbella estimates that this will add another $4.5 million to the discounts it has already provided to its customers, saving its customers a total of over $30 million.

Arbella is the third largest auto insurance company in Massachusetts. Earlier this year they lowered rates by an average 7.7 % following the state's adoption of "managed competition."

Among the conditions that allow Arbella to trim auto insurance rates further is the decision to no longer use the driving experience of "deferred drivers" to determine the rates of the main policyholder. (A deferred driver is a household member listed as a potential driver on a customer's policy)

Arbella will continue to offer an industry-leading 20% discount for those customers who have both auto and homeowner's policies with Arbella. They will receive a 20 percent discount off of homeowners and 5 percent off auto policies.