You have money questions. Bankrate has answers. Our experts have been helping you master your money for over four decades. We continually strive to provide consumers with the expert advice and tools needed to succeed throughout life ’ s fiscal travel. Bankrate ’ s column team writes on behalf of YOU – the lector. Our goal is to give you the best advice to help you make smart personal finance decisions. We follow rigorous guidelines to ensure that our editorial content is not influenced by advertisers. Our column team receives no conduct compensation from advertisers, and our content is thoroughly fact-checked to ensure accuracy. so, whether you ’ re reading an article or a review, you can trust that you ’ re getting credible and dependable data. We value your hope. Our mission is to provide readers with accurate and indifferent information, and we have column standards in rate to ensure that happens. Our editors and reporters thoroughly fact-check column content to ensure the information you ’ ra understand is accurate. We maintain a firewall between our advertisers and our column team. Our editorial team does not receive send compensation from our advertisers. Bankrate follows a rigorous editorial policy, so you can trust that we ’ rhenium putting your interests first. Our award-winning editors and reporters create honest and accurate content to help you make the right fiscal decisions. All providers discussed on our locate are vetted based on the value they provide. And we constantly review our criteria to ensure we ’ ra putting accuracy first. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most — price, customer serve, policy features and savings opportunities — so you can feel confident about which supplier is correct for you. Bankrate follows a hard-and-fast editorial policy, so you can trust that we ’ rhenium putting your interests first base. All of our content is authored by highly qualify professionals and reviewed by topic matter experts, who ensure everything we publish is objective, accurate and worthy of your trust. Founded in 1976, Bankrate has a long track record of helping people make smart fiscal choices. We ’ ve maintained this reputation for over four decades by demystifying the fiscal decision-making process and giving people confidence in which actions to take following. While we adhere to strict editorial integrity, this post may contain references to products from our partners. here ‘s an explanation for how we make money. This contentedness is powered by HomeInsurance.com ( NPN : 8781838 ). For more data, please see our Insurance disclosure. The average price of car policy in Massachusetts is $ 1,223 per year for full coverage, or $ 102 per calendar month, according to Bankrate ’ sulfur discipline of 2021 rates from Quadrant Information Services. closely 500 Massachusetts ZIP codes were included in this study. Drivers in the Bay State pay about $ 451 less, or 27 % below the national average price of full coverage car indemnity, which is $ 1,674 per class. Location, senesce, drive record, vehicle type and claims history are among the common evaluation factors insurance companies use to determine your Massachusetts car insurance premium. Knowing how these factors can influence your cable car indemnity can help you find the cheapest and best cable car policy for your needs .
How much is car insurance in Massachusetts?
Among the many factors used to determine car indemnity rates, geographic placement and coverage choice have a ample impact. Every Massachusetts city has a different population size, which can besides affect their crash statistics. Areas with more traffic and accident occurrences besides tend to have more expensive car policy rates. coverage survival is besides an significant component of car insurance rates. While having the express minimum liability requirements for car indemnity can seem like adequate to avoid legal penalties, higher indebtedness coverages, along with add-ons like comprehensive and collision, will give greater protection according to insurance industry experts. While it may be more expensive than minimum coverage policy, it is still possible to find cheap cable car policy with full coverage while staying on a budget .
Average cost of car insurance in Massachusetts
Below is a compendious of modal car indemnity rates in Massachusetts for both minimum and entire coverage premiums :
|Average annual minimum coverage premium||Average annual full coverage premium|
Massachusetts car insurance rates by city
Every city in Massachusetts has a different car policy rate. In accession to each city ’ s population size and crash statistics, variations in car indemnity rates by city can besides be attributed to driving patterns, larceny and vandalism rates, frequency of claims, price of vehicle repairs and more. Below are full coverage rates for the 10 most populated cities in the commonwealth and how they compare to the submit average :
|City||Average annual premium for full coverage||% difference from state average annual premium|
Massachusetts car insurance rates by company
Every car insurance company has its own underwrite method acting for determining car policy rates. Rates can even vary within the lapp ZIP code, which is why it ’ south recommended to obtain quotes from multiple cable car insurance companies in Massachusetts to find the best coverage and monetary value for your needs.
Read more: The Best Car Insurance Companies for 2022
Cost of living in Massachusetts and car insurance
When shopping for the best cable car policy rates in Massachusetts, it ’ s authoritative to factor in your other expenses so that you ’ ra looking at your sum live costs. The graph below shows the average annual cost of living in the Bay State, including the average cost of car policy. Use this graph as a guidebook to help determine your overall expenses so that you can decide what policy rates fit in your budget .
Massachusetts car insurance rates by age
The long time of a driver can play an important character in determining cable car insurance costs. Younger drivers are statistically more likely to get into accidents compared to older drivers. As they gain experience, their cable car insurance cost by and large decreases after age 20. Each senesce demographic has its associated strengths and risks, which are reflected in the average annual premium costs. *16-year-old rate reflects the extra cost to add the adolescent on their parent ’ randomness policy ; 18- and 20-year-old sample rates are renters .
Massachusetts car insurance rates by gender
car indemnity rates typically vary by sex, but Massachusetts regulations ban insurers from using this as a rating component. then, if all other factors are adequate, men and women should pay about the lapp rates for car indemnity in the state .
Massachusetts car insurance by credit score
credit scores are another rate gene that has been banned in Massachusetts. A credit-based policy seduce is typically used by insurers in other states, but in Massachusetts, a good or badly policy seduce should have no affect on your car policy premium .
Massachusetts car insurance rates by driving record
One of the most critical factors in determining the cost of car indemnity is your driving history. Drivers with a moving violation, like a speeding tag or DUI on their force record, broadly incur a surcharge on their car policy policy for at least three years in the democracy. The postpone downstairs shows an appraisal of how much each incident could affect the average annual bounty in Massachusetts, but the final premium may vary depending on the frequency and austereness of incidents, deoxyadenosine monophosphate well as each ship’s company ’ s underwriting methodology. For drivers with reprise infractions on their record, some car policy companies may even deny coverage. In these situations, there are carriers that specialize in bad car indemnity in Massachusetts .
|Driving incident||Average annual premium in Massachusetts||% increase in average annual premium|
|Clean driving record||$1,223||0%|
Massachusetts car insurance rates by vehicle type
Every vehicle ’ second seduce and model has its own build quality and condom features, which every cable car insurance carrier will review and rate differently .
Frequently asked questions
What is the average cost of minimum coverage in Massachusetts?
The median price of minimum coverage policy in Massachusetts is $ 510 per year, which is about 10 % less than the national average of $ 565. The state ’ mho minimal requirements for car policy are :
- $20,000 in bodily injury liability and uninsured bodily injury liability insurance per person
- $40,000 in bodily injury liability and uninsured bodily injury liability insurance per accident
- $5,000 in property damage liability insurance per accident
- $8,000 for PIP (personal injury protection) insurance
How much car insurance do I need in Massachusetts?
In Massachusetts, you need to have at least the state ’ s minimum compulsory car indemnity indebtedness coverage and PIP policy to drive legally. however, the minimum amounts for these coverages may not be enough to cover you in the consequence of an at-fault accident. Buying higher limits for liability and PIP insurance, equally well as optional comprehensive examination and collision coverage, will help better protect you financially if you are involved in an accident and is recommended by most insurance experts .
What happens if I cause property damage that’s higher than the $5,000 limit of my car insurance?
If you only have property damage coverage set at Massachusetts ’ minimum $ 5,000 limit on your car indemnity, you may be held liable for the end if you cause more than $ 5,000 in damage in an accident. This is why most insurance experts recommend purchasing more coverage than the state-required minimum if you can afford it .
What are the cheapest car insurance companies in Massachusetts?
Bankrate data collected from Quadrant Information Services shows that Plymouth Rock and Safety Insurance are some of the cheapest car policy companies in Massachusetts. however, you may find a cheaper car policy caller if you shop for quotes because price is based on a phone number of factors, including your personal drive history and age .
How do I save on car insurance costs in Massachusetts?
Knowing what car indemnity discounts are available to you is one of the best ways to save on car policy. Bundling your dwelling and car policy with the same insurance company typically qualifies for a multiple policy discount on both. You may besides qualify for a discount rate through an employee group design or professional business or college alumni association, according to the Triple-I. As each car indemnity caller in Massachusetts will offer their own singular discounts, be sure to ask your indemnity agent which ones you qualify for .
How much is car insurance in Massachusetts per month?
According to recent data, the monthly average cost of car indemnity in Massachusetts is $ 42.50 for country minimum liability coverage and $ 101.92 for full coverage. These rates are based on Bankrate ’ s sample driver profile and your actual premium could be more or less based on your individual rat factors such as drive record, ZIP code, claims history, coverage needs and vehicle choice .
How do I know if my auto insurer can pay my claim?
When shopping for coverage, ask your insurance professional to provide fiscal lastingness ratings for the carriers you are considering, deoxyadenosine monophosphate well as their claims-paying history and customer service rankings. This information can give you valuable insight into their history of claims handling and customer service .
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a male and female driver with good credit and the follow full coverage limits :
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each express ’ sulfur requirements. Our base profile drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles per annum. Driving read rates were calculated by evaluating our base profile with the play along incidents applied : clean record ( base ), at-fault accident, single travel rapidly ticket, one DUI conviction and elapse in coverage. Age rates were calculated by evaluating our nucleotide profile with the ages 18-60 ( base : 40 years ) applied .