- The average cost of car insurance in the U.S. is $1,771 per year for full coverage and $545 per year for minimum coverage.
- The average cost of car insurance in Massachusetts is much lower than the national average at $1,296 per year for full coverage and $446 per year for minimum coverage.
- Geico, Amica and Progressive offer some of the best car insurance in Massachusetts, according to Bankrate’s research.
How Bankrate chose the best car insurance companies in Massachusetts
In order to determine the best car insurance companies in Massachusetts, Bankrate analyzed average premium data from Quadrant Information Services, along with other factors, like third-party ratings, coverage options and discount opportunities. We used these and other factors to issue each provider a Bankrate Score with a maximum of 5.0. You can use these same factors to help determine your best car insurance options.
Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. 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 coverage that meets each state’s requirements. Our base profile drivers own a 2020 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should only be used for comparative purposes.
Credit-based insurance scores: Rates were calculated based on the following insurance credit tiers assigned to our drivers: “poor, average, good (base) and excellent.” Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. Four states prohibit the use of credit-based insurance scores as a rating factor in determining auto insurance rates: California, Hawaii, Massachusetts and Michigan. Washington’s ban on factoring credit in premiums is currently on hold in the courts.
Gender: The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, North Carolina, Pennsylvania.
Bankrate Scores: Auto Bankrate Score methodology
Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for drivers to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support.
To determine how well the best car insurance companies satisfy these priorities, third-party agency ratings from J.D. Power, AM Best, S&P, NAIC, and Moodys had the most impact on the companies’ Bankrate Scores. As price is a common consideration for drivers, we analyzed quoted premiums based on 40-year-old male and female drivers with a 2019 Toyota Camry. This profile, assessed across more than 35,000 ZIP codes in the U.S., provided a basis on which drivers may compare each provider.
While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer’s online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.
Best car insurance companies in Massachusetts
Geico, Amica, Progressive and Allstate offer some of the best car insurance in Massachusetts, according to Bankrate’s extensive research. In our search for the best car insurance companies in Massachusetts, we obtained current quoted premium information from Quadrant Information Services for the state’s largest companies by market share. We also analyzed each company’s coverage options, discounts and policy features. We combined this information with third-party rankings from J.D. Power for customer service and AM Best for financial strength.
Based on our research, we assigned a Bankrate Score to each company, which operates on a scale of 0.0 to 5.0. The higher the Bankrate Score, the better that company ranked across these categories.
If you are searching for the best auto insurance in Massachusetts, these companies may be worth your consideration:
|Car insurance company||Bankrate Score||J.D. Power score New England||Average annual full coverage premium||Average annual minimum coverage premium|
Geico’s average premium is the lowest on our list. It’s also lower than the average premium in Massachusetts at large, which is further complemented by the company’s lengthy list of discounts. Geico offers its policyholders several ways to save, including discounts for insuring multiple vehicles, having a vehicle with certain safety features, being a federal employee or getting good grades. The company also has highly-rated digital service, which might be appealing if you like handling your insurance online or through an app. However, the policies are relatively basic with few options for personalization.
Learn more: Geico Insurance review
Amica’s average premium is slightly higher than the state average, but the company offers a unique auto insurance dividend policy, which could return up to 20% of your premium as a dividend each year. The company also offers several discounts to help you save, including deals for being accident-free and paying in full. Although Amica may not be a great choice for Massachusetts residents with driving incidents on their records, the company could be a great choice for drivers with clean driving histories. For more information, visit www.Amica.com.
Learn more: Amica Insurance review
Progressive may have the highest premium on our list, but the company could still be worth your time if you are looking for a highly customizable policy. Coverage options include gap insurance, ridesharing coverage and custom parts coverage. You might be able to lower your premium with Progressive’s discounts, which include savings for getting a quote and buying a policy online, being a homeowner and going paperless.
Learn more: Progressive Insurance review
Allstate’s average premium is slightly higher than Massachusetts’ average, but the company offers plenty of discounts that might help lower car insurance costs. The Drivewise telematics program can help you learn safer driving habits while saving you money. You might also save for having certain vehicle safety features, insuring a new car or signing your policy at least seven days before the effective date. However, the National Association of Insurance Commissioners (NAIC) does receive a higher-than-average number of complaints about Allstate, with an overall complaint index of 1.81.
Learn more: Allstate Insurance review
Average car insurance cost in Massachusetts
The average cost of car insurance in Massachusetts is $1,296 annually for full coverage and $446 annually for minimum coverage. Massachusetts averages are significantly lower than the national average premiums, which are $1,771 annually for full coverage and $545 annually for minimum coverage. A similar trend is also seen in neighboring states, such as New Hampshire, where the average annual cost of full coverage car insurance is $1,296 per year. It is also seen in Vermont, where the average is $1,207 per year for full coverage auto insurance.
Studying car insurance rates by state can be useful for planning and comparison. However, the factors that impact your car insurance are specific to you, so your individual rates will likely be different than these averages. In Massachusetts, your age, driving history, the make and model of the car you drive and the coverage types you choose will all affect the rate you pay. Insurance companies in Massachusetts cannot use your credit score, age or gender when calculating your car insurance premium due to state regulations.
|Average annual premium for minimum coverage in Massachusetts||Average annual premium for full coverage in Massachusetts|
How to find the best car insurance in Massachusetts
The best car insurance for you may not be the best car insurance for someone else. Each auto insurer offers coverage options, discounts and add-ons that might make them more appealing to certain clients. With these differences in mind, the following considerations may help you find the right car insurance provider for your needs.
Consider minimum insurance requirements in Massachusetts
Massachusetts’ minimum car insurance requirements mean that vehicle owners in this state must carry at least the state’s minimum coverage limits on their vehicles. Bodily injury liability is one such coverage, and in this state, drivers are required to carry at least $20,000 in bodily injury liability per person and $40,000 in bodily injury liability per accident. Drivers are also required to have a minimum amount of property damage liability, uninsured motorist bodily injury and personal injury protection (PIP). Although you do not need to memorize your state’s minimum limits, understanding the Massachusetts car insurance laws might help you decide if you need higher limits.
Minimum coverage policies can leave you financially vulnerable and do not cover damages to your vehicle. For that reason, most insurance experts recommend purchasing full coverage insurance to better protect your finances.
Consider lender requirements
Massachusetts’ state minimum coverage does not protect your finances against the threat of damage to your car. For that, you need full coverage car insurance, which includes comprehensive and collision coverage. If you have a loan or lease, your lender probably requires that you carry full coverage and may stipulate how high your deductible can be. You may also want to consider purchasing gap insurance, which is designed to cover the difference between your vehicle’s cash value and the balance of your loan.
Consider your individual needs
Understanding how your insurance needs are unique — for example, perhaps you need certain optional coverage types such as luxury car insurance — can help you narrow down which companies to consider. You may also want to consider how your car is used. If you work for a transportation network company like Uber or Lyft, you may want to review your insurance needs with your prospective car insurance company. You may need an endorsement on your policy to be properly covered as a rideshare driver. Once you figure out your needs, you can compare car insurance quotes from companies that fit your needs.
Car insurance discounts in Massachusetts
Wondering how to lower your car insurance? Car insurance in Massachusetts is, on average, less expensive than it is in the nation as a whole, but most companies offer discounts that can help you save even more. Some of the best car insurance discounts include:
- Young driver discounts: If you insure a teen driver on your policy, you might be able to save money with a good student discount, distant student discount or driving training discount.
- Safe driver discounts: If you only drive your vehicle a few times a week, drive only a few miles a day or rely heavily on public transportation, you may be able to save money on your car insurance. You might also save if you have been accident-free for a certain number of years or participate in a telematics program to demonstrate safe driving habits.
- Other discounts: If you purchase two policies with the same insurer, you may qualify for bundling discounts or multi-car discounts. You might also save if you can afford to pay your policy in full or if you opt for automatic withdrawals from your bank account.
Discounts vary between companies, so talking to a representative might help you identify savings opportunities that apply to you.