Massachusetts Car Insurance Calculator
Massachusetts is widely recognized for having one of the highest average annual car insurance rates in the nation, with drivers typically spending an estimated average annual cost of $1,431, or about $1590 every six months for coverage. Although age and chosen coverage levels play a part, vehicle type and zip code also play key factors when calculating rates.
On average, drivers in Massachusetts must carry liability (which covers others’ damages when you cause an accident), uninsured motorist coverage (UMC), personal injury protection and comprehensive/collision coverage. Selecting the most cost-effective level of coverage can save money; full coverage might even be unnecessary in certain instances – for instance if your older vehicle doesn’t cost much to repair after an accident and thus requires little protection – collision and comprehensive policies might not make financial sense.
What Are the Top Massachusetts Car Insurance Companies? When shopping for cheap Massachusetts car insurance, both rates and customer service should be taken into consideration. Some top insurers offer discounts for students, military personnel, good drivers records, home ownership or going paperless which can add up to significant savings when shopping independently rather than with an agent.
WalletHub conducted extensive research to identify the top Massachusetts car insurance providers. For this analysis, they gathered pricing information from both the Massachusetts Department of Motor Vehicles and Quadrant Information Services for policies sold across 32 zip codes throughout Massachusetts. We then developed 40 distinct driver profiles in order to ascertain which companies offered the cheapest rates for each. An example would be for drivers with clean driving records who own older vehicles: State Farm offers the lowest monthly liability-only coverage rates ($21), while USAA and GEICO both provide comprehensive/collision policies at reduced monthly premiums ($35-36) – these companies all possess above-average customer satisfaction scores from J.D. Power and high financial strength ratings from A.M. Best; additionally they are widely accessible throughout their state of operation.
Your age and driving record play a huge part in determining the cost and coverage options of car insurance in Massachusetts. A young driver often pays more than an older one for similar coverage options due to insurers seeing them as higher-risk. However, if you have been involved in an at-fault accident or speeding ticket in Massachusetts, your auto insurance premiums could increase substantially. Progressive is among the least costly Massachusetts car insurers after DUI conviction; its rates can be 50% less expensive. Drivers with speeding tickets typically face premiums that are 34% more costly than state average rates, making it crucial that they compare quotes from multiple insurers in order to find the cheapest rates in your area. We suggest entering your zip code into this car insurance calculator in order to receive tailored quotes from top insurers.