2021 Best Cheap Auto Insurance in Massachusetts
If you spend time driving in Massachusetts, you need auto insurance. While the state’s average annual premiums are quite reasonable, it is possible to make an even better deal by researching the cheapest auto insurance in Massachusetts. Here are some of the best companies to consider based on several common driver profiles.
- The cheapest for typical drivers: Plymouth Rock Assurance
- The cheapest for drivers who have already had accidents: Plymouth Rock Assurance
- The cheapest for drivers who have already received speeding tickets: Geico
- The cheapest for young drivers: Plymouth Rock Assurance
- The cheapest for senior drivers: Geico
- The cheapest for drivers looking for minimum coverage: Plymouth Rock Assurance
Cheapest for typical drivers: Plymouth Rock Assurance
The typical Massachusetts driver pays about $ 1,564 per year for insurance. This is based on the profile of a 35 year old driver with a clean criminal record. It’s affordable enough, but drivers who choose Plymouth Rock Insurance could get the same level of coverage for around $ 606 per year.
Other companies that offer low cost auto insurance in Massachusetts to typical drivers include:
- Geico, where drivers with blank records pay around $ 624 per year on average
- Arbella Insurance, which charges typical drivers an average annual premium of $ 1,246
The cheapest for drivers with previous accidents: Plymouth Rock Insurance
Plymouth Rock Insurance is also one of the best auto insurance companies in Massachusetts for drivers with only one accident on their record. While the state average for these drivers is $ 2,597 per year, Plymouth customers pay an average of only about $ 897 per year.
Drivers with imperfect records should also consider the following Massachusetts auto insurance providers:
- Geico, which comes just behind Plymouth at $ 923 per year
- Arbella Insurance, which on average charges drivers for a single accident about $ 1,663 per year
The cheapest for drivers who have already received speeding tickets: Geico
Drivers with a speeding ticket pay about $ 1,983 per year for their auto insurance in Massachusetts. But Geico offers these customers an average annual premium of $ 694 per year.
The following insurers also offer cheap auto insurance quotes in Massachusetts for drivers who have previously received speeding tickets:
- Plymouth Rock Insurance, where drivers pay around $ 880 per year
- Arbella Insurance, which charges drivers a speeding ticket of around $ 1,369 per year
Cheapest for young drivers: Plymouth Rock Assurance
Teenagers and young drivers pay significantly more than their older counterparts. An 18-year-old with a good driving record pays about $ 4,716 on average for Massachusetts auto insurance. Plymouth Rock Insurance was once again the cheapest, offering these drivers an average premium of $ 1,262 per year.
The following companies also offer affordable auto insurance in Massachusetts for teenage drivers:
- Geico, where an 18-year-old pays an average of around $ 1,709 per year
- Travelers, who charge teens about $ 3,351 per year on average
The cheapest for senior drivers: Geico
Senior drivers pay only about $ 1,272 per year for their auto insurance in Massachusetts. But those who choose Geico could pay as little as $ 406 a year.
These companies also offer some of the best auto insurance in Massachusetts for the elderly:
- Plymouth Rock Insurance, which charges a typical 65-year-old driver with a clean criminal record about $ 512 a year
- Arbella Insurance, where older drivers pay around $ 939 per year
Cheapest for drivers looking for minimum coverage: Plymouth Rock Insurance
Massachusetts’ minimum coverage averages $ 520 a year quite affordable. But it is possible to get this coverage much cheaper with Plymouth Rock Insurance. It only charges customers an average of around $ 205 per year.
Drivers can also find inexpensive liability insurance in Massachusetts from these companies:
- Geico, where minimum coverage costs around $ 288 per year on average
- Hanover, where Massachusetts minimum auto insurance costs around $ 347 per year
Average Cost of Auto Insurance in Massachusetts Compared to National Average
How Much Does Auto Insurance Cost in Massachusetts? It depends on a lot of factors. Your driving history, location in the state, and your vehicle all play a role in determining your auto insurance rates.
The average annual Massachusetts auto insurance premium is $ 1,972, which is slightly lower than the national average of $ 2,646 per year. But it is possible for many drivers to beat the state average by a considerable margin if they choose the right provider.
Massachusetts Auto Insurance Laws
Here are some Massachusetts auto insurance laws that all drivers should know:
Massachusetts is a no-fault auto insurance state
Massachusetts is a flawless state. This means that after an accident, each driver files a claim with their own insurer for medical expenses. This is different from at fault states, where the driver at fault pays the medical bills for all parties involved.
Insurers cannot count socio-economic factors against you
Massachusetts state law prohibits insurers from considering gender, marital status, education, income, race, or credit history when setting auto insurance rates . This is a huge advantage for certain groups of drivers, such as men and those with poor credit. These drivers pay more for auto insurance in states that do not have these restrictions.
Consequences of driving without insurance in Massachusetts
Drivers who do not have at least Massachusetts minimum auto insurance could face the following consequences:
- Fines of up to $ 5,000
- Driver’s license and vehicle registration suspended for up to one year
- Up to one year in prison
Massachusetts minimum coverage requirements
All drivers must purchase at least the following auto insurance in Massachusetts:
Liability coverage for bodily injury
Massachusetts drivers must have at least:
- $ 20,000 personal injury liability coverage per person
- $ 40,000 in accidental bodily injury liability coverage
Liability coverage for property damage
Drivers must also have at least $ 5,000 of property damage liability coverage to pay for damage they cause to another person’s property.
Injury Protection (PIP)
All drivers must wear at least $ 8,000 of personal injury protection to pay for their medical bills if they are injured in a crash.
Coverage for uninsured motorists
Drivers must have uninsured motorist coverage of $ 20,000 per person and $ 40,000 per accident. This protects the policyholder if he is struck by a driver who has no insurance.
How To Get Cheap Auto Insurance In Massachusetts
Drivers trying to get the cheapest insurance in Massachusetts should do the following:
- Compare quotes from several insurers. Each company has its own risk assessment formula, which is why drivers get different auto insurance quotes from each insurer. The only way to know which one may offer the best deal is to get quotes from a handful of companies and compare them side by side.
- Take advantage of all possible discounts. Discounts can help eligible drivers save on their Massachusetts auto insurance premiums. Each insurer has their own list of discounts, some of which are applied automatically while others require the driver to sign up.
- Go with a higher deductible. Deductibles are the out-of-pocket expenses a driver faces when making an insurance claim. Typically, increasing the deductible lowers monthly premiums.
Other things to consider when looking for auto insurance in Massachusetts
Here are a few other things to keep in mind when shopping for auto insurance in Massachusetts:
Drivers may want more coverage for uninsured motorists
Massachusetts has the second-lowest uninsured driver rate in the country, largely due to its severe consequences for driving without insurance. But the minimum coverage may not be enough to protect drivers in the event of a serious accident. Consider purchasing more than the state minimum for an added sense of security.
The state’s minimum coverage will not protect your vehicle
Massachusetts minimum auto insurance helps people pay their medical bills in the event of an accident. But there is no coverage for the policyholder’s vehicle. Interested drivers should consider adding collision coverage and comprehensive coverage to their policy.