Insurance

Best Ways To Get Affordable Car Insurance In Massachusetts

Auto insurance is an important purchase, but finding cheap car insurance in Massachusetts isn’t always easy. That’s why it’s important to compare rates from multiple insurers, whether you are looking for minimum coverage, a full coverage policy with add-ons, or something in between, comparing sample rates may be helpful when weighing your options.

Massachusetts car insurance rules can be complex, especially because the state wants your auto insurance to coordinate with your health plan for car accident medical claims.

But finding a good price shouldn’t be a hassle. Shopping around for coverage is the best way to ensure you’re getting the best price for yourself.

Every company weighs these factors differently, so getting quotes from different companies and comparing them is the best way to find the most affordable policy for you. 

When it comes to car insurance coverage, Massachusetts has the second-lowest number of uninsured drivers in the U.S. The low rate of uninsured drivers in Massachusetts likely plays a part in helping to keep the average cost of car insurance low in this state.

In addition to the low average cost of car insurance in Massachusetts, some companies offer even lower average premiums to drivers in this state.

According to Bankrate’s 2021 study of quoted annual premiums, the average cost of full coverage car insurance in Massachusetts is $1,223 per year, which is $451 less than the national average. 

Events That Can Impact Your Cheap Rates In Massachusetts

After you secure a policy, there are numerous life events and circumstances that can occur and impact your premiums. These may include:

Adding A Teen Driver

Adding a teen driver to a policy can cause rates to increase, as teen drivers lack experience and are considered more of a risk behind the wheel.

Teen drivers under the age of 18 have to be added to your policy but to keep the premium increase to a minimum for an older teen, you may want to add your teen driver to your policy rather than purchasing a separate one. Over time, your teen’s rates will decrease as they gain more experience and keep a clean driving record.

Received A Speeding Ticket

Getting a speeding ticket is not ideal, but it can happen. That said, your rates will typically increase after getting a speeding ticket.

You can expect to see an impact on your rates for between three to five years on average, but taking a defensive driver’s course or another type of driver safety course may help keep the impact to a minimum.

A speeding ticket increases average car insurance rates by nearly $500 in Massachusetts. However, not all insurers jack up rates that much after a speeding ticket. That means you can save by shopping around.

Involved In An At-Fault Accident

If you are involved in an at-fault accident, your insurance provider will typically not drop your coverage. However, your rates will likely increase.

This impact is usually felt for about three to five years, but if you shop around for coverage, you may be able to reduce the cost of your insurance premiums.

Being at fault in an accident will likely increase your car insurance rates. The average car insurance rate increases by 67% following an accident with an injury in Massachusetts.

Deemed A High-Risk Driver 

High-risk drivers, which may include those convicted of a DUI or those with multiple moving violations, could face more challenges. Not only will these drivers likely pay higher premiums, but it may be harder to find an insurance provider willing to offer coverage.

Comparison shopping will be an important strategy for these drivers to find coverage at an affordable rate. A DUI conviction nearly doubles average car insurance rates in Massachusetts.

That means paying over $1,600 more than a driver without a DUI on their record. Still, insurance companies assess risk differently, which means some will hike your rate more than others.

Area Of Residence

The state you live in, the city you live in, and your ZIP code will also affect how much you pay for car insurance.

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Minimum Coverage Requirements For Massachusetts Drivers

Massachusetts requires residents to maintain a minimum amount of insurance coverage. This minimum coverage requirement includes:

  • $20,000 in bodily injury liability per person
  • $40,000 in bodily injury liability per accident
  • $5,000 in property damage liability coverage per accident
  • $20,000 uninsured motorist bodily injury per person
  • $40,000 uninsured motorist bodily injury per accident
  • $8,000 in personal injury protection (PIP)

While it may be tempting to purchase the minimum auto coverage legally required in Massachusetts, doing so could put you at greater financial risk.

There are numerous options for cheap car insurance in Massachusetts, and opting to purchase a more robust policy will give you better protection.

As such, a more comprehensive policy could also keep you from facing financial disaster. Plus, if you lease or finance your vehicle, you will likely be required to carry full coverage to protect the lender from financial damages that occur to the vehicle.

Here Is How To Find Affordable Car Insurance In Massachusetts

It’s important to find affordable car insurance rates, but you also want to keep them after you find a policy that’s suited for your household. As you search for the cheapest auto insurance in Massachusetts, keep the following in mind:

Compare Quotes

from several national and regional insurance providers. Rates can vary quite a bit from one carrier to another. Shopping around shows you which carrier has the lowest rates for your situation. Coverage options and limits can also impact your costs.

Maintain A Clean Driving Records 

Once you find the best rates, try to maintain a clean motor vehicle record and adopt the safest driving habits possible.

This can help you to keep your low insurance rate. It’s also important to re-evaluate your policy after big life events, like a marriage or a move, to see if there are additional discounts you may qualify for. 

Massachusetts drivers with a clean driving record generally pay less than other motorists. Those drivers cost less to insure, so companies charge them lower premiums.

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