How Much Is Car Insurance in Massachusetts? (2023)

A number of variables can affect how much you pay for car insurance, including your location, age, coverage type, driving record and more. The average full coverage rates in Massachusetts vary, costing $483 annually from State Farm and $1,911 annually from Safety Group. Younger drivers may also pay more than seniors.

In other states, the credit score is a significant factor in determining rates, but Massachusetts prohibits insurers from using it to determine pricing.

In Massachusetts, full coverage auto insurance costs $1,039 annually on average, but the cost may vary depending on different variables. Drivers with different records typically pay the following rates:

• Clean record: $1,039 per year
• Speeding ticket: $1,327 per year
• Accident: $1,693 per year
• DUI: $1,917 per year

The prices above apply to full coverage policies. Note that rates for minimum coverage could be less expensive.

Massachusetts' average auto insurance cost is $15 less than the $1,054 national average, making it moderately expensive. The state could have moderate costs due to lower incidents of theft, medium traffic volume and reduced population size. If you have higher car insurance costs in Massachusetts, it could be because of individual factors like your age or driving record.

Rates often differ between companies, so averages can be deceiving. State Farm offers the cheapest auto insurance in Massachusetts for minimum coverage at $221 annually ($483 for full coverage). Safety Group has the highest prices at $774 annually for minimum coverage ($1,911 for full coverage).

Even though liability-only insurance is less expensive, searching around could bring you closer to affordable full coverage insurance.

Drivers in Massachusetts pay an average of $444 for the state-mandated minimum amount of coverage and $1,279 for full coverage with higher liability limits. Your insurance premium will rise along with your increased liability limits. It could also go up by including comprehensive and collision coverage. A higher deductible on full coverage insurance can save you money in the long run.

The cheapest minimum coverage in Massachusetts offers the lowest liability limits. There is no collision or comprehensive coverage, and your car won’t be covered. Personal injury protection and uninsured motorist coverage are mandated in the state, which raises the price of minimum coverage.

Policies with higher liability limits might be available. In a policy with liability limits of 100/300/100, the following coverage would be present:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $100,000 property damage liability

The typical insurer's maximum liability is 300/500/300. You will need to get comprehensive and collision insurance to receive compensation for injuries to you or for damages to your car.

Your age could impact your auto insurance premiums, especially if you are a new driver. In Massachusetts, the average full coverage rates vary by age:

• 22–29: $1,184 per year
• 30–59: $1,039 per year
• 60+: $848 per year

Insurance costs are normally higher for drivers in their 20s. Rates remain fairly stable for those between the ages of 30 and 59 before declining when they reach their 60s. Drivers who are new could pay similar rates to those in their 20s, regardless of their actual age.

The average insurance cost for a 16-year-old male on a family plan with full coverage in Massachusetts is $2,520 annually, making teen drivers more expensive than other age brackets. Individual policy premiums are even more expensive, costing $4,386 annually. Teens under 18 might not be able to purchase coverage without a parent’s consent.

As drivers get older, prices go down. Under a family plan, a 19-year-old typically spends $1,741 yearly, while a 22-year-old will spend around $1,342. Since rates vary by company, comparing prices to discover the cheapest teen car insurance in Massachusetts is a wise move.

Since sex-based ratings are prohibited in Massachusetts, male teens are likely to pay less than they would in other states.

A new car's average annual rate in Massachusetts for full coverage is $1,255, which is 21% more expensive than the $1,034 annual rate for an older car. A new car's higher actual cash value (ACV), greater theft risk and increased repair costs could result in higher insurance rates. Using your car's ACV is how insurers settle collision and comprehensive claims. It decreases significantly with time, and the insurance will pay you a lesser amount for any specific claim, so your car will be less expensive to insure.

If you have a more recent vehicle, buy full coverage insurance since it does not simply cover your liability for damages to other people. It also covers damage to your own car.

Auto insurance premiums are more expensive for drivers in Massachusetts with driving offenses. Drivers in the state generally pay the following premiums for full coverage:

• Clean record: $1,039 per year
• Speeding ticket: $1,327 per year
• Accident: $1,693 per year
• DUI: $1,917 per year

Prices typically rise based on the driving violation committed. A DUI will result in a higher insurance rate than a speeding ticket. Compare prices from several providers to discover the cheapest auto insurance in Massachusetts for drivers with records.

Your auto insurance rates could vary widely based on where you reside. For example, motorists in Boston might pay an average of $1,891 for full coverage insurance, which is the city with the highest premiums in Massachusetts. Drivers in Cambridge could pay an average of $1,109, the cheapest among the cities.

In places like Boston, where there is more traffic and a greater population, rates are typically higher.

Given that prices vary based on different factors, it could be difficult to determine the average cost of auto insurance in Massachusetts. Learn more from MoneyGeek's responses to frequently asked questions.