According to The Boston Globe, insurance companies pin responsibility on falling gas prices and a steadily climbing economy. In turn, officials say, there has been an uptick in Boston car accidents and collisions overall throughout Massachusetts. There was also a record snowfall last year, which also contributed to a large number of accidents.
Of course, the risk with higher auto insurance rates is that not as many people will be able to afford it. Some may opt for bare bones coverage, while others may drop their coverage altogether. This is a bad situation for those injured in car accidents because it limits their legal options for compensation. Continue reading