Introduction
Drivers in Massachusetts have a lot of alternatives for vehicle insurance, which is fortunate because a coverage may be necessary as part of their entire financial strategy. Finding the finest auto insurance provider to meet each driver’s particular needs, or whittling down the list of potential providers to those with the most affordable rates, the highest third-party ratings, or other crucial considerations, can occasionally be difficult.
Bankrate examined dozens of auto insurance providers in Massachusetts in order to assist you in getting started and locating the best ones. When doing so, it looked at each provider’s financial stability, third-party customer service ratings, average car insurance premiums, and other elements. According to our study, Geico and Amica provide some of the state’s top vehicle insurance policies, but there are additional choices that might be worthwhile to take into account.
Notes; The average cost of auto insurance in the US is $545 for the bare minimum of coverage and $1,771 for full coverage. At $1,296 for full coverage and $446 for minimal coverage, Massachusetts' average annual cost of vehicle insurance is significantly cheaper than the national average. According to research by Bankrate, Geico, Amica, and Progressive provide some of the best auto insurance in Massachusetts.
How we chose the best car insurance companies in Massachusetts
Bankrate used average premium data from Quadrant Information Services along with other elements, such as third-party ratings, coverage options, and discount chances, in order to identify the top auto insurance providers in Massachusetts. We calculated a Bankrate Score with a maximum of 5.0 for each provider using these and other parameters. These same elements can be used to assist you choose the finest auto insurance solutions.
Best auto insurance companies in Massachusetts
According to significant analysis conducted by Bankrate, Geico, Amica, Progressive, and Allstate provide some of the best auto insurance in Massachusetts. We acquired the most recent rate quotes for the biggest firms in the state by market share from Quadrant Information Services in our search for the finest auto insurance providers in Massachusetts. We also looked at the discounts, coverage, and policy features offered by each firm. We combined this data with independent evaluations of financial stability and customer service provided by AM Best and J.D. Power, respectively.
Based on our investigation, we gave each business a Bankrate Score, which ranges from 0.0 to 5.0. The company was graded higher in these categories the higher the Bankrate Score.
If you are looking for the best auto insurance in Massachusetts, consider the following companies:
| CAR INSURANCE COMPANY | BANKRATE SCORE | J.D. POWER SCORE NEW ENGLAND | AVERAGE ANNUAL FULL COVERAGE PREMIUM | AVERAGE ANNUAL MINIMUM COVERAGE PREMIUM |
|---|---|---|---|---|
| Geico | 4.7 | 827/1,000 | $1,110 | $494 |
| Amica | 4.5 | 862/1,000 | $1,478 | $427 |
| Progressive | 4.1 | 818/1,000 | $1,905 | $751 |
| Allstate | 4.0 | 787/1,000 | $1,473 | $426 |
Geico
Geico has the lowest average premium on our list. It’s also lower than the average rate in Massachusetts, which is bolstered by the company’s extensive list of discounts. Geico policyholders can save money by insuring numerous vehicles, driving a vehicle with specified safety features, working for the government, or achieving good grades. If you prefer to manage your insurance online or through an app, the company also has a highly rated digital solution. However, the policies are quite basic, with limited customization choices.
Amica’s average rate is slightly higher than the state average, but the company has a one-of-a-kind vehicle insurance payout coverage that could return up to 20% of your premium as a dividend each year. The organization also provides many discounts to assist you save money, like as promotions for not having an accident and paying in full. Although Amica may not be a good alternative for Massachusetts citizens with a history of driving mishaps, the firm may be a good choice for drivers with clean driving records. Visit www.Amica.com for additional details.
Progressive
Progressive may have the highest premium on our list, but if you want a highly customizable policy, the company may be worth your time. Gap insurance, ridesharing coverage, and special parts coverage are all available as coverage choices. Progressive’s discounts, which include savings for receiving a quote and purchasing a policy online, being a homeowner, and going paperless, may allow you to lower your premium.
Allstate
The average premium for Allstate is slightly higher than the average for Massachusetts, but the company offers a variety of discounts that may help reduce auto insurance costs. Drivewise is a telematics application that can teach you safer driving behaviors while also saving you money. You could also save money if you have certain vehicle safety features, insure a new automobile, or sign your insurance at least seven days before the effective date. However, the National Association of Insurance Commissioners (NAIC) receives more complaints about Allstate than the national average, with an overall complaint index of 1.81.
Average auto insurance cost in Massachusetts
A 40-year-old driver with a clean driving record and good credit pays the average annual full coverage auto insurance price.
Massachusetts auto insurance by city
| MASSACHUSETTS CITY | AVERAGE ANNUAL PREMIUM FOR FULL COVERAGE | AVERAGE ANNUAL PREMIUM FOR MINIMUM COVERAGE |
|---|---|---|
| Boston | $1,555 | $507 |
| Brockton | $2,019 | $759 |
| Worcester | $1,594 | $556 |
| Springfield | $1,710 | $675 |
Average auto insurance cost in Massachusetts
In Massachusetts, the average yearly cost of auto insurance is $1,296 for full coverage and $446 for minimal coverage. Massachusetts average rates are much lower than the national average, which is $1,771 for comprehensive coverage and $545 for minimal coverage. A similar trend can be seen in adjacent states like New Hampshire, where the average yearly cost of full coverage vehicle insurance is $1,296. It is also evident in Vermont, where the average annual premium for full coverage auto insurance is $1,207.
Comparing and planning for vehicle insurance prices by state might be beneficial. However, because the elements that influence your auto insurance are unique to you, your individual premiums will most likely differ from these averages. In Massachusetts, your age, driving history, automobile make and model, and coverage types all have an impact on the amount you pay. Due to state restrictions, insurance firms in Massachusetts cannot utilize your credit score, age, or gender when calculating your vehicle insurance price.
| Average annual premium for minimum coverage in Massachusetts | Average annual premium for full coverage in Massachusetts |
|---|---|
| $446 | $1,296 |
How to find the best car insurance in Massachusetts
The finest vehicle insurance policy for you may not be the best policy for someone else. Each vehicle insurer provides coverage options, discounts, and add-ons that may appeal to specific clientele. With these distinctions in mind, the following considerations may assist you in locating the best vehicle insurance carrier for your circumstances.
Consider Massachusetts’s minimal insurance requirements
The minimum car insurance requirements in Massachusetts require vehicle owners to carry at least the state’s minimum coverage levels on their vehicles. One such coverage is bodily injury liability, and in this state, drivers must carry at least $20,000 in bodily injury liability per person and $40,000 in bodily injury liability per accident. In addition, drivers must carry a minimum level of property damage liability, uninsured motorist bodily injury, and personal injury protection (PIP). Although you do not need to memorize your state’s minimal limits, studying Massachusetts car insurance rules may assist you in determining whether you require larger levels.
Minimum coverage policies can leave you financially vulnerable and do not cover vehicle damages. As a result, most insurance experts advise buying full coverage insurance to help protect your finances.
Consider lender requirements
The state minimal coverage in Massachusetts does not protect your finances against the potential of car damage. Full coverage car insurance, which includes comprehensive and collision coverage, is required for this. If you have a loan or lease, your lender will most likely require complete coverage and may limit the amount of your deductible. You should also think about getting gap insurance, which will cover the difference between the cash value of your vehicle and the balance of your loan.
Consider your individual needs
Understanding how your insurance needs differ — for example, whether you require specific types of supplemental coverage, such as luxury automobile insurance — can help you limit down which businesses to choose. You should also evaluate how your car is used. If you work for a transportation network company such as Uber or Lyft, you should discuss your insurance requirements with your prospective vehicle insurance provider. To be properly covered as a rideshare driver, your policy may require an endorsement. Once you’ve determined your requirements, you may compare auto insurance rates from providers that meet them.
Car insurance discounts in Massachusetts
Are you looking for ways to save money on your auto insurance? Car insurance in Massachusetts is less expensive on average than it is across the country, but most providers offer discounts that can help you save even more. The following are some of the best vehicle insurance discounts:
- Young driver discounts: If you have a teen driver on your policy, you may be able to save money by taking advantage of an excellent student discount, a remote student discount, or a driving training discount.
- Safe driver discounts: If you only drive your car a few times per week, drive only a few miles per day, or rely primarily on public transit, you may be able to save money on auto insurance. You could potentially save money if you haven’t been in an accident in a particular number of years or if you engage in a telematics program to demonstrate safe driving practices.
- Other discounts: If you buy two policies from the same insurer, you may be eligible for bundling or multi-car discounts. You can also save money if you pay your policy in full or set up automatic withdrawals from your bank account.
Discounts vary by company, so speaking with a representative may assist you in identifying savings opportunities that apply to you.
Frequently asked questions about Best car insurance in Massachusetts in February 2023
What is the best car insurance in Massachusetts?
Finding the finest vehicle insurance begins with your unique requirements. Are you looking for the lowest auto insurance provider or one that provides a variety of discounts? Or do you prefer a firm that provides you with access to unique coverage alternatives so that you can customize an insurance policy to your specific requirements? Narrow down your priorities and then begin your search based on the companies that provide what you want and need. You should also evaluate if you want a local agent to serve as an advisor or whether you prefer to handle your policy online.
What is the cheapest car insurance company in Massachusetts?
Car insurance companies use various algorithms to calculate your premiums. For example, one company may place a higher value on your driving history, whereas another may place a higher value on the make and model of your vehicle. As a result, the cheapest car insurance in Massachusetts is determined by your unique characteristics and how each company weighs them. On average, some of the cheapest providers in the Bay State are State Farm, Safety, Plymouth Rock, Geico and Vermont Mutual.
What do I need to get car insurance in Massachusetts?
Before you buy auto insurance, seek estimates from many different companies to find out what your prices and possibilities are. To obtain a car insurance quotation, you must first gather some personal information, such as your address and the names, birth dates, and driver’s license numbers of all drivers who should be covered by the policy. You will also need to supply information on the brand and model of your car, as well as the vehicle identifying number (VIN) for a more accurate price. You can also choose the policy types and limitations you want for things like bodily injury liability, property damage liability, uninsured motorist coverage, and more.
Is Massachusetts a no-fault state?
Yes, Massachusetts is a no-fault insurance state, but it’s crucial to remember that even in a no-fault state, you’re still liable for any damages you cause. The term “no-fault” insurance simply means that your personal injury protection (PIP) policy will pay for your injuries in the state regardless of who is at fault in an accident. In Massachusetts, drivers must carry at least $8,000 in PIP coverage, and even if you have health insurance, your PIP policy will cover the first $2,000 in medical bills. After the first $2,000, your health insurance and PIP coverage will work together to cover any extra costs.