Average Cost for Car Insurance In Massachusetts
If you live in Massachusetts, then car insurance is a must-have. Not only that but it’s also very expensive to get your license plates and registration. In this article, we will be going over the average cost of car insurance in Massachusetts as well as how much it costs for a normal driver to stay insured year-round.
There are many factors that go into the price of your car insurance like:
- How long you have been driving
- Where you live
- What your driving record is – whether you have any points
- What kind of coverage you are requesting
- What kind of car do you have
All of these factors go into the average cost of car insurance in Mass.
How Age and Gender May Effect the Cost of Your Premium
The first thing we need to do is look at the base cost of getting insured on a daily basis so we can compare different plans and premiums later. For a male who lives in Massachusetts between the age range of 25-54 with a clean driving record, good credit score, and relatively new vehicle then their monthly insurance premium would be roughly 180 dollars per month or $2160 per year. This gives them liability car insurance for any damage they may cause to another car or property in an accident, uninsured motorist coverage for when they get hit by another person without insurance (which does happen), and collision/comprehensive coverage which will pay out if their vehicle is totaled in an accident.
For a female who lives in Massachusetts between the age range of 25-54 with a clean driving record, good credit score, and relatively new vehicle then their monthly premium would be roughly 145 dollars per month or $1740 per year. This gives them liability car insurance for any damage they may cause to another car or property in an accident, uninsured motorist coverage for when they get hit by another person without insurance (which does happen), and collision or comprehensive coverage which will pay out if their vehicle is totaled in an accident.
Now that we have the base cost of insurance for a new driver who lives in Massachusetts, let’s look at some different plans and see what kind of discounts they offer.
Cost for New Drivers
As an example, if you are a new driver – meaning you have been driving less than 3 years – it can be a bit expensive. A “new” driver in Springfield will expect to pay somewhere in the $2700/year area – just for basic liability. If you were to get full coverage it can be very expensive such as $4000 – $5000 for the year. This is why new drivers should pay cash for a car and get basic liability to ensure that their auto insurance is affordable.
Once you are driving over 3 years and less than 6 years your price will go down to about $1800/year for basic liability – assuming you have no points on your driving record. This bracket makes getting full coverage a little more bearable.
Then once you are a 6-year driver you can expect your rates to go down to about $1200/year for basic liability – then it can go down even further depending on how your driving record is. This assuming basic liability and living in Springfield.
Where You Live Can Influence Your Rates
If you live in a town like Ludlow, Chicopee, Ware, Palmer, Wilbraham, etc then your rates will be even lower – the town you live in has a lot to do with the price of your car insurance.
At Western Mass Auto Insurance we try to advise all our customers on how to get their best price and even when they can expect their price to go down. So give us a try. The average cost of car insurance in ma will have many factors that determine your price. You can be sure that we will get you the best price available.
Average Cost of Progressive Insurance
The first plan is a Progressive car insurance plan which costs about $169 dollars per month or $2048 per year. In this plan, you get liability car insurance for any damage you may cause to another car or property in an accident, uninsured motorist coverage for when you get hit by another person without insurance (which does happen), and collision or comprehensive coverage which will pay out if your vehicle is totaled in an accident.
To get a discount on this policy your best bet would be to sign up for automatic payments and paperless statements because then you will automatically qualify for a 10% discount or a $13.92 per month or $168 average annual savings. If your credit score is over 720 then you would also be qualified to receive another 5% off of your monthly premium which would equal an extra $8.33 per month or $99.80 per year so the total cost of this policy would come out to be around $161 dollars per month or $1948 per year.
Average GEICO Coverage Cost
The next cheapest plan is offered by GEICO car insurance and costs about 159 dollars per month or $1920 per year with a 15% discount if you pay with cash, check, or debit card as a 25% discount if you pay the annual premium upfront. This plan also comes with liability car insurance for any damage you may cause to another car or property in an accident, uninsured motorist coverage for when you get hit by another person without insurance (which does happen), and collision or comprehensive coverage which will pay out if your vehicle is totaled in an accident.
Average Esurance Policy Cost
The last plan we are going to look at is offered by Esurance and it costs about $223 dollars per month or $2712 per year. In this policy, you would be receiving all of the same types of coverage as before but here there are no discounts available. It’s important to note that even though this is one of the most expensive plans on our list, they do offer a 30-day money-back guarantee so if you are not satisfied for any reason then you can cancel without penalty.
Additional Insurance Expenses You May Want to Consider
Now that we have gone over the different base costs of insurance, let’s look at how much more expensive these policies would be if coverage was added to them. The first addition is extra liability car insurance for damage your vehicle does to another person or their property in an accident with a cost averaging around $25 dollars per month or $300 per year.
Cost of Liability Car Insurance
If you were involved in an accident where someone tried to pull out into your lane and ended up hitting you, this would cover damages they may cause that go beyond the limits of your regular liability policy such as medical bills and lost wages from missing work. It’s important to note here that even though this will cover you for damage the other driver may cause, it probably won’t cover any expenses that will result from hitting an animal or some type of natural disaster.
Uninsured Motorist Coverage Costs
The next addition is uninsured motorist car insurance which covers you if you are involved in an accident with a driver without insurance which again seems to be more common than most think with about 1 in 7 drivers being uninsured. This costs about $30 dollars per month or $360 per year. This would protect you against someone else causing bodily harm to you if they are at fault and don’t have any coverage.
Since we are talking about getting into accidents, let’s also go over what the average cost of medical bills is when they do occur. The national average is just under $10,000 dollars and in most cases, this is where the majority of expenses come from.
Average Insurance Costs FAQs & Common Questions
How much does car insurance cost per month in Massachusetts?
Is car insurance in Massachusetts expensive?
Does your car insurance go down after the car is paid off?
What is the minimum car insurance coverage in Massachusetts?
- $20,000 / $40,000 bodily injury liability coverage.
- $5,000 property damage coverage.
- $20,000 or $40,000 uninsured motorist bodily injury coverage.