For example, the average cost of car insurance in the cities of Haverhill and Lowell is 8 to 10 percent more expensive than the average cost of car insurance in Massachusetts overall. The table below shows an estimate of how much each incident could affect the average cost of car insurance in Massachusetts, but the final premium will vary depending on the frequency and severity of the incidents, as well as each company's underwriting methodology. It can be helpful to determine what's most important to you and then find car insurance companies that fit your needs or wants to guide you on your journey to find the best car insurance. And those who want to save money on car insurance premiums can choose to have only the state's minimum liability coverage to be able to drive legally in the state.
However, years of driving experience can affect car insurance rates in Massachusetts, which is why the rates in the table below vary by age. Car insurance is mandatory in Massachusetts, and the state sets a number of mandatory types of coverage and minimum limits. As you can see, drivers under 20 years old typically pay more for car insurance than drivers over 25 years old. Although most states in the country include credit scores in car insurance rates, Massachusetts isn't one of them.
The more experience you have behind the wheel, the less you'll pay for car insurance in Massachusetts. Bankrate data collected by Quadrant Information Services shows that Plymouth Rock and Safety Insurance are some of the cheapest auto insurance companies in Massachusetts. This can be good news for drivers with average or low credit, although drivers with excellent credit won't get any benefit from their credit rating on car insurance rates in Massachusetts. Knowing how your car insurance rates in Massachusetts compare to the average can help you find competitive rates in the State of the Bay.
Your car insurance premium is determined by a variety of factors, such as state, city, and even zip code. Insurance companies cannot use age and gender as factors in Massachusetts car insurance rates. Working with a licensed insurance agent can help you identify how much car insurance you need in Massachusetts. The table below shows the other auto insurance companies available that offer auto insurance in Massachusetts, along with their average cost per month and their average annual cost.