How Much Is Car Insurance in Massachusetts? (July 2024)

In Massachusetts, drivers pay an average of $1,105 yearly for full car insurance coverage. For minimum coverage, the yearly cost drops to about $464.

Your car insurance premium will depend on your location, age, preferred coverage level, driving record and credit history. Consider these factors to find affordable insurance that meets your needs.

The average full coverage car insurance cost in Massachusetts is $1,105 annually. Knowing the average cost helps you evaluate the competitiveness of your options. Comparing car insurance quotes can guide you in finding an affordable plan.

Here's what you might pay for auto insurance in Massachusetts. Average figures for minimum and full coverages can help you budget for your yearly or monthly premiums.

Car insurance in Massachusetts is moderately priced compared to other states. Full coverage with a $1,000 deductible averages $1,105 annually ($92 monthly), slightly below the national average of $1,296 per year ($108 monthly). Minimum coverage averages $464 annually ($39 monthly), also below the national average of $595 per year ($50 monthly).

Various factors, including state laws, urban traffic conditions, weather risks and a driver's record and age affect these costs.

Car insurance premiums vary significantly from one company to another, even within the same state. For example, in Massachusetts, State Farm offers the cheapest full coverage at an annual premium of $483. The most expensive average premium for similar full coverage is $1,947 by Travelers.

Finding the cheapest car insurance in Massachusetts can lead to substantial savings. Always compare quotes from different providers to secure a policy that meets your budget and coverage needs.

Massachusetts' car insurance costs depend on the coverage level. For instance, the average monthly cost for minimum coverage is around $39, while opting for full coverage with a $1,000 deductible costs about $92. Despite the price difference, full coverage is recommended for comprehensive financial protection against potential on-road incidents.

Adding comprehensive and collision coverage to your policy will increase your premium, yet selecting higher deductibles is a strategy to offset this increase. The deductible is the amount you pay per comprehensive and collision claim you file.

In Massachusetts, the minimum car insurance requirements include $20,000 bodily injury liability per person, $40,000 bodily injury liability per accident, $5,000 property damage liability per accident, along with $20,000 uninsured/underinsured per person and $40,000 per accident, plus personal injury protection of $8,000 per accident.

Your location significantly affects your car insurance premiums. For identical coverage, compare the full coverage rates of Boston at $1,891 with Cambridge at $1,109.

Car insurance costs in Massachusetts depend on factors like your driving record, the type of car you drive and even your credit score. Other important factors include age, gender and the frequency of car usage.

Age significantly affects car insurance rates in Massachusetts. Younger drivers typically face higher premiums.

Drivers in their 20s generally pay the most for car insurance because they're considered higher risk. As people age, premiums trend downwards due to more experience and perceived lower risk.

Age and gender significantly influence car insurance rates in Massachusetts. The highest premium often falls to 16-year-old male drivers added to the family policy, averaging $2,520 annually.

Purchasing insurance without a guardian is usually not permitted for teens under 18. A 16-year-old male would face a substantial premium of $4,386 if opting for individual coverage.

The average annual cost for full coverage car insurance on a 2012 model is $1,034, while a 2022 model sees an increased annual premium at $1,255. This surge in cost for newer models is often due to their higher actual cash value, costlier repair expenses and a greater risk of theft.

Expert advice suggests that modern car owners consider adding comprehensive and collision coverage. This protection covers damages from a wide range of incidents and assists in safeguarding against financial loss.

The average cost of car insurance in Massachusetts varies based on your driving record. Knowing this can help you understand what to expect when shopping for coverage.

• With a ticket: $1,394 per year; $92 per month
• With an at-fault accident: $1,766 per year; $147 per month
• With a DUI: $1,984 per year; $165 per month

The type of violation on your driving record can influence your car insurance premiums. More severe violations mean higher costs, and as long as the violation is on your record, it will continue to impact your rates. States have different rules about how long a violation will remain on your driving record.

In Massachusetts, for instance, a DUI can stay on your driving record for as long as 10 years, affecting your insurance premiums during this time.

Although a DUI is typically the most costly offense in terms of insurance premiums, there are exceptions where other infractions can result in higher costs due to specific insurance company policies in some states.

The table details Massachusetts' average insurance cost for various driving records, coverage options and age groups.

These are the key factors influencing the average cost of car insurance in Massachusetts:

• Driving Record: A pristine driving record can lead to more favorable insurance rates, whereas accidents or violations may increase your premium in Massachusetts.

• Age: Generally, younger and inexperienced drivers face higher premiums due to a perceived higher risk, whereas older, more experienced drivers may benefit from lower rates.

• Credit Score: In Massachusetts, a higher credit score can be advantageous, as insurers may view it as an indicator of financial reliability, potentially leading to reduced premiums.

• Annual Mileage: The more you drive, the higher the risk of an incident. Drivers with lower annual mileage can often secure more affordable rates.

• Vehicle Type: The cost of insuring luxury or sports cars exceeds that of more modest vehicles due to higher repair costs and increased theft risk.

Location: In Massachusetts, urban areas with denser traffic and higher crime rates have higher insurance rates than rural regions.

• Collision Insurance: Adding collision coverage can protect you from costs incurred due to accidents, but it will also contribute to a higher overall insurance rate.

• Comprehensive Insurance: Opting for comprehensive insurance protects against non-collision incidents, yet it also adds to the monthly cost of your policy.

• Coverage Level: Choosing state minimum coverage can be the most cost-effective, but higher levels of coverage provide more protection at a higher cost.

• Discounts: Insurance providers may offer discounts for multiple policies, safety features or defensive driving courses that can help lower your Massachusetts insurance rates.

To secure affordable car insurance in Massachusetts, directly compare rates, choose a higher deductible and use eligible discounts.

We provide essential information to help drivers make informed decisions about their car insurance investments.