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You are here: Home / Insurance News | Massachusetts / RMV News | Registry of Motor Vehicles / Possible RMV Rate Hikes on the Horizon

Possible RMV Rate Hikes on the Horizon

March 9, 2014 by AC Editor

The State House News Service’s interview with Registrar Blue was a widely cited article this week

A State House News Service article last week says that RMV fees could rise as much as 10 percent this year. According to The Boston Globe, the RMV hasn’t raised rates since 2008 and currently brings in close to $550 million a year. RMV officials told the Globe that if they can raise that figure by 10 percent they would be able to close the current gap that now exists in the MassDOT budget.

In the State House New Service article Blue said that the rate increase would likely be discussed during a March 19th hearing.

WCVB Channel 5 caught up with Secretary Davey this week to get more info about the rate increase. Here is what he had to say:

Filed Under: RMV News | Registry of Motor Vehicles Tagged With: mass insurance news, Mass. Insurance News, RMV fees going up in 2014, rmv news

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