Average Car Insurance Costs in Massachusetts | SmartFinancial

With a population of over 6.9 million, Massachusetts is the fifteenth most populated state in the area and features over 77,557 miles of road. There are many factors that go into calculating the rate you pay for car insurance. Below is a breakdown of how much drivers in Massachusetts pay up for coverage based on different factors. To learn more about insurance requirements in Massachusetts, check out Massachusetts Car Insurance .

Massachusetts Car Insurance Rates by Age

typically cable car policy companies will charge more for younger drivers and provide discounted rates for older drivers. insurance carriers see young drivers as inexperienced and have a greater risk of getting in accident. In Massachusetts, the typical adolescent driver between the senesce of 16 and 19 will pay $ 245.08 per calendar month while a driver in their 40s will pay an average of $ 126.10 per calendar month .

Age Avg monthly rate
16 – 20 $245.08
20s $154.20
30s $127.12
40s $126.10
50s $108.64
60s $95.24
70s $90.48
Over 80 $96.73

Massachusetts Car Insurance Rates by Marital Status

marital marry couples in Massachusetts typically pay more for their car insurance than drivers who are individual. This probable due to the elementary fact that there is more than 1 driver on the policy. Married couples besides will normally have more than one vehicle and could possibly have some adolescent drivers on the policy ampere well. In Massachusetts, Married pair typically pay around $ 134.74 per month while single drivers average in around $ 124.53 per calendar month.

Marital Status Avg monthly rate
Divorced $84.21
Married $134.74
Single $124.53

Average Car Insurance Rates in Massachusetts by Credit Score

many factors go into the rate you pay for car indemnity. Your old age, location, and fomite are all region of the equality. policy companies besides take your credit grade into consideration. In Massachusetts, drivers with excellent credit wage an average of $ 77.21 per calendar month compared to drivers with poor credit who typically will pay $ 129.17 per month .

Credit Rating Avg monthly rate
Excellent $77.21
Good $128.59
Poor $129.17

Car Insurance for High Risk Drivers in Massachusetts

Drivers with a estimable drive history typically will pay less for car policy than person that had a DUI, speeding tickets, or an accident. Car policy companies see drivers with a bad repel history has being a bigger risk. Drivers in Massachusetts with a full driving history normally pay around $ 119.54 per month. Drivers with a regretful driving history that may include tickets, DUI, or accidents will typically pay $ 186.00 per month .

Safe Driver (No prior tickets, DUI, or accidents) Avg monthly rate
High Risk Drivers $186.00
Safe Drivers $119.54

Massachusetts Auto Insurance Rates by Homeownership

policy companies will besides take homeownership into account when factoring the rate you pay for policy. In Massachusetts, drivers who own their home will normally pay around $ 126.89 per month while drivers who rent normally average in around $ 126.83.

Homeownership Avg monthly rate
Own $126.89
Rent $126.83

Currently Insured vs. Uninsured in Massachusetts

insured More often than not, drivers who presently have car policy coverage will receive a cheaper monthly rate than drivers who do not. Since cable car insurance is a requirement in all 50 states, companies may question why you do n’t presently have coverage. Because of this, they may see you as a higher risk driver. In Massachusetts, the modal monthly rate for a driver who is presently insured is $ 125.14 while drivers who not presently covered will pay around $ 130.76

Coverage Avg monthly rate
Not Currently Insured $130.76
Currently Insured $125.14

Massachusetts Car Insurance by Education

car indemnity companies will besides look at your education level. Although not normally a meaning factor, your education can effect your monthly rate for car insurance. In Massachusetts, a driver with a high School Diploma will typically pay $ 127.52 per calendar month vs. person with a Bachelors Degree who will be charged around $ 125.28 per month .

Education Avg monthly rate
Associate Degree $129.08
Bachelors Degree $87.08
Doctorate Degree $76.58
High School Diploma $127.52
Less than High School $125.28
Masters Degree $78.55
Some College $107.53

Liability vs. Full Coverage Car Insurance in Massachusetts

Liability only coverage is typically cheaper and covers the cost of damage you may cause to other people or vehicles. Full coverage includes comprehensive and collision policy, possibly PIP and UM/UMPD, which would cover you, your fomite and passengers if you had an accident, regardless of fault. In ( State ) the average rate for indebtedness merely coverage is about $ 71.41 per month compared to Full coverage which will cost you about $ 129.52 per month .

Coverage Avg monthly rate
Full Coverage $129.52
Liability Only $71.41

Methodology The statistics listed on this page are from our own in house report. We track and record quotes that carriers have provided based on assorted criteria. The rates and averages shown on this page should only be used as an estimate .

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