Live in Massachusetts? Purchase comprehensive and/or collision insurance on your motorcycle on or after January 2002? Then you could be entitled to a refund!

Insurance companies have been overcharging by using inflated motorcycle values to set up premiums revealed a recent investigation, (Insurance refund for motorcycle riders-Coakley: Companies to return $40 million, Heidi Voight, WWLP 22 News, http://www.wwlp.com/dpp/news/Insurance-refund-for-motorcycle-riders). Forty million dollars will go back to bikers in Massachusetts after fifteen insurance companies settled with the state Attorney General.

How did this come about? It all came to the surface when one customer filed a complaint. The customer owned a 1999 Harley Davidson Road King classic, but the premium was calculated as if the bike was new from 2003 to 2008, (Insurance refund for motorcycle riders-Coakley: Companies to return $40 million).

The refunds will range anywhere from one hundred dollars to a thousand per check, and over fourteen thousand checks are being issued by the end of this month.

Wondering if you qualify? The settlement "covers bikers who purchased comprehensive and/or collision insurance on a motorcycle on or after January first of 2002. That motorcycle must have been overvalued by the insurance company for the purpose of calculating premiums," (Insurance refund for motorcycle riders-Coakley: Companies to return $40 million). To find out if you should have a check coming your way visit

www.motorcycle.ago.state.ma.us.