Cheap Car Insurance Quotes Massachusetts
Cheap Car Insurance Quotes Massachusetts: List Of Insurance Companies In Massachusetts
Although buying auto insurance is a big decision, it’s not always simple to find affordable coverage in Massachusetts. Comparing quotes from several insurers is the best way to find affordable auto insurance. The most recent NerdWallet study of full coverage auto insurance rates in Massachusetts found that Geico is the least expensive provider, charging an average of $841 annually, or $70 per month, for policyholders. In the meantime, full coverage auto insurance in Massachusetts typically costs $1,348 annually, or roughly $112 each month. In Massachusetts, the average annual minimum coverage amount is $430; however, it is likely possible to obtain a policy for less money. For instance, Vermont Mutual provides minimum coverage auto insurance for a 35-year-old driver with a spotless driving record at the lowest average annual premium in Massachusetts, $263.
How we chose the cheapest companies in Massachusetts: List Of Insurance Companies In Massachusetts
NerdWallet’s editorial team analyzed car insurance rates from 17 auto insurers in Massachusetts and listed the five cheapest options for drivers in several age brackets and with different histories, all driving a 2020 Toyota Camry L. For minimum coverage, we looked at rates that reflect the minimum requirements in Massachusetts. For full coverage, we used the below coverage limits:
- $100,000 bodily injury liability per person.
- $300,000 bodily injury liability per accident.
- $50,000 property damage liability per accident.
- $100,000 uninsured motorist coverage per person.
- $300,000 uninsured motorist coverage per accident.
- Collision coverage with a $1,000 deductible.
- Comprehensive coverage with a $1,000 deductible.
Coverage Options Available
Compulsory Coverage
- Bodily Injury to Others
- Bodily Injury Caused by an Uninsured Auto
- Personal Injury Protection (PIP)
- Damage to Someone Else’s Property
Optional Coverage
- Medical Payments Coverage
- Collision
- Limited Collision
- Comprehensive
- Substitute Transportation
- Towing and Labor
Minimum coverage requirements in Massachusetts
Bay State drivers are required to carry liability insurance, uninsured motorist bodily injury coverage and personal injury protection, or PIP, in at least the following amounts:
- $20,000 bodily injury liability per person.
- $40,000 bodily injury liability per crash.
- $5,000 property damage liability per crash.
- $20,000 uninsured motorist bodily injury per person.
- $40,000 uninsured motorist bodily injury per crash.
- $8,000 PIP.
Liability car insurance covers the cost of any damage, injuries or deaths you cause in a car accident, up to your policy’s predefined limits.
Uninsured motorist coverage will cover expenses from injuries or damage after an accident with a driver who doesn’t have car insurance. Underinsured motorist coverage will cover the same expenses if you’re hit by a driver with some car insurance, but not enough to cover all costs from the crash.
Personal injury protection will cover your medical bills and expenses if you’re injured in a car crash, up to your policy limits, no matter whose fault it was. Depending on your state, PIP may also pay for:
- Lost wages if you’re unable to work due to injuries from an accident.
- Services you can no longer perform, like house cleaning or child care, because of your injuries.
- Funeral costs if an accident-related injury leads to death.
- A small death benefit as a cash payout.
Check out NerdWallet’s guide to minimum car insurance requirements by state to learn how the key pieces of your Massachusetts auto policy work and how to select coverage limits for your situation.
Research, comparison shopping, and proactive steps are necessary to find low-cost auto insurance quotes in Massachusetts. Finding reasonably priced insurance that fits your needs and budget can be accomplished by being aware of the state’s insurance requirements, comparing quotes, bundling policies, keeping up a clean driving record, and looking into available discounts. The freedom of the open road combined with protection for your car and yourself from life’s unexpected events can be had with the correct insurance coverage in place.
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