Some New England states are among the most expensive states in the nation for car insurance, but Massachusetts isn’t one of them. In fact, for full coverage, Massachusetts is the eighth cheapest state with an average premium of $1,223 a year (minimum is closer to the national average at $510 a year in the state). Part of the reason Massachusetts’ average cost of car insurance is cheaper than its neighboring states is that it’s a no-fault state, but a few other reasons influence affordability, too.
For example, Massachusetts currently has one of the lowest death rates per 100,000 drivers of any state. According to IIHS’s latest study, Massachusetts only has 5.2 deaths per 100,000 drivers. Other states, like Mississippi or South Carolina, are much higher with death rates well over 20 per 100,000.
Massachusetts also has a relatively low amount of drivers compared to other states. With only 5 million drivers on the road, it only accounts for 2.3% of all drivers in the U.S.
This does not mean you shouldn’t shop around, nor does it mean there aren’t deals to be found. With the right company and the right discounts, you may be able to pay significantly less than the state average by switching carriers.
The cheapest car insurance companies in Massachusetts
To find the cheapest auto insurance in Massachusetts, we evaluated the largest providers that offer low rates and discounts. Fortunately for Massachusetts, the largest providers by market share are also the ones able to offer the lowest premiums.
Drivers who are looking for the cheapest car insurance in Massachusetts could consider one of the following providers:
|Insurance Company||Average Annual Premium for Minimum Coverage||Average Annual Premium for Full Coverage|
Amica is a Rhode Island-based insurance company with excellent ratings. In J.D. Power’s 2020 U.S. Auto Insurance Study, Amica was ranked as the best car insurance provider in New England. The company also has an A+ rating from AM Best, indicating excellent financial strength.
In addition to impressive ratings, Amica also offers affordable premiums with a number of discounts. Massachusetts drivers can save money by being loyal customers, paying their policy in full and being a good student. Amica is also one of the few insurance companies to offer dividends. Drivers with a policy from Amica can recoup up to 20% of their annual premium with a dividend policy.
Hanover offers a discount to any driver who switches to the provider after having at least a year of continuous coverage with their last provider. So if you have insurance but want a cheaper premium, this is a quick discount Hanover offers all of its policyholders.
Another unique discount Hanover offers is the further education discount. If you have a four year degree or higher, you’ll save money no matter how long ago you graduated. Most insurance companies reserve ‘college’ discounts to drivers 25 and under, and you have to show that you maintained a B average. Hanover just needs to see the degree for drivers to obtain this discount.
All in, Hanover offers quite a few discounts to help out Massachusetts drivers (including multi-car, homeowner and paid-in-full). It offers at least 22 discounts to help you save on its already-competitive rates.
With Safety, drivers save a significant amount of money for using Safety for all of their insurance needs. For example, purchase condominium or renters insurance through Safety and you’ll save 6% on your car insurance premium, according to the provider. Use them for your homeowners insurance and you’ll save 10%.
The best savings revolve around being accident free. For going 6 years without an accident or incident, you can save up 24% on your premium with Safety. Go 5 years, and you’ll save 10%. You can also save 5% on your policy by participating in Control’s Crash Prevention class.
In J.D. Power’s 2020 U.S. Auto Insurance Study, State Farm was ranked second on the list of best car insurance companies in New England. State Farm is our top pick for safe driver discounts. Good drivers can save on their premium with State Farm’s safe driver discount program, called Drive Safe & Save™. Drivers under 25 can enroll in the Steer Clear® program to get a discount of up to 15%.
State Farm also offers traditional discounts that can lower your premium. Massachusetts drivers can get a cheaper rate if they are accident-free, take a defensive driving course or are good students. State Farm also has a few discounts related to vehicle safety features.
Plymouth Rock is a bit of an unusual company in that you can get a discount on your policy simply by signing a safety pledge. It’s a small discount, but nonetheless will help you save each month. In the pledge you promise to do things you were probably going to do anyway. It includes such things as:
- Using headlights at night, dusk, or dawn
- Locking your car doors at night
- Wearing your seatbelt
Another interesting discount it offers is the ‘Advance Shopper’ discount. With this one, as long as you set your insurance policy to begin a few days after you sign, Plymouth Rock will give you a discount on your policy.
However, Plymouth Rock also offers the standard car insurance discounts you would expect an insurance company to have. Massachusetts drivers should see the most savings with the bundling and paid-in-full discounts.
Affordable coverage for Massachusetts drivers
In every state, drivers are required to carry a certain amount of insurance coverage. Massachusetts’ minimum insurance requirements are 20/40/5. Written out, this means:
- $20,000 per person for bodily injury/death
- $40,000 per accident for bodily injury/death
- $5,000 per accident for property damage
Massachusetts is also a no-fault state, so drivers also have to carry personal injury protection (PIP). If you get injured in an accident, PIP will pay for your medical expenses regardless of who caused the crash.
Drivers who purchase the state’s minimum required insurance coverage will pay the lowest rate. However, most insurance companies recommend that drivers get more coverage than what is required. This is especially true of drivers in Massachusetts who cause any sort of property damage.
The minimum required coverage may not fully cover the cost of an accident. For example, a Massachusetts driver who causes an accident that results in $25,000 in property damage would have to pay $20,000 out-of-pocket if they carried minimum coverage, which is $5,000.
How to get cheap car insurance in Massachusetts
There are ways drivers in Massachusetts can find cheap car insurance. Here are a few suggestions:
- Get multiple rate quotes: When shopping for insurance, get a few insurance quotes from multiple companies. Compare the rates to see which company offers the lowest rate for the amount of coverage you want.
- Take a driving course: Most car insurance companies offer discounts for drivers who take an approved defensive driving course or a driver safety training course. This discount can be especially beneficial for teen drivers.
- Raise your credit score: Your credit score is one of the biggest factors that affects your insurance premium. If you want a lower rate, work on raising your credit score.
- Practice safe driving habits: Being a safe driver usually leads to a cheaper insurance premium. Today, many insurance companies have a safe driver discount program where you install a small device in your vehicle that tracks your driving behaviors, like speed and lane control.
- Pay your policy in full: Some providers may also offer a discount if you pay bi-annually rather than monthly. If this discount is available, it is an easy way to lower your cost.
- Increase your deductible: If you increase your deductible, your provider won’t provide as much cash in the event of a claim, but it will lower your premium and save you money.
- Take advantage of discounts: Most insurance providers offer multiple discounts to its customers. The ones that offer the most payoff usually revolve around customer loyalty— meaning using the same company to insure multiple vehicles or insure your home, condo or apartment.
Frequently asked questions
What is the best car insurance in Massachusetts?
Technically, the best car insurance company in Massachusetts does not exist. The best carrier is different for every driver. Some insurance companies stand out for cheap rates, whereas others are better suited for drivers who want the best coverage options. Drivers who are looking for car insurance should shop around to find a provider that meets most of their needs.
What is the average cost of car insurance in the U.S.?
The average cost of car insurance in the U.S. is $565 a year for minimum and $1,674 for full coverage, which makes Massachusetts less than the national average. Currently, Massachusetts drivers pay an average of $510 for minimum and $1,223 for full coverage.
Is Massachusetts a no-fault state?
Yes, Massachusetts is considered a no-fault state. That means drivers are required to carry PIP insurance which pays for injuries after a crash, regardless of who caused it.
How much does car insurance cost in Massachusetts?
The average car insurance premium in Massachusetts is $1,136.60 per year. However, every driver pays a different rate. Factors like your ZIP code, age, credit score, driving record and the provider you have will affect your premium.
Does Massachusetts have a high amount of uninsured drivers?
No, it doesn’t. In fact, Massachusetts has the third lowest uninsured rate in the country. Currently, only 6.2% of the population is driving uninsured.
Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full 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 bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.