By law, you must purchase four so-called mandatory (or mandatory) coverages. Massachusetts requires four types of auto insurance coverage to comply with state law. You'll need bodily injury liability coverage, personal injury protection, and coverage for uninsured motorists. Some Massachusetts drivers buy more than the minimum coverage to get better protection in the event of an accident.
Bodily injury liability coverage pays for the injuries of other drivers and passengers, while liability for damage to someone else's property pays for damage to someone else's property, including repairs to other vehicles. In Massachusetts, you need both types of liability coverage. Massachusetts car insurance laws require that all drivers have a minimum level of car insurance coverage when driving or parking on public roads. Motorists must present proof of insurance when requested by a law enforcement official.
Driving without proper auto insurance coverage puts you at risk of financial liability and legal penalties. This information may be different from what you see when you visit the website of an insurance provider, insurance agency, or insurance company. If your insurance company increases your auto insurance premium due to an accident, you must pay the additional premium while your appeal is pending or your policy will be canceled. Since then, she has worked as a news writer in the insurance industry and has gained in-depth knowledge of state and national insurance laws and rates.
However, if you only take out the minimum amount of car insurance in Massachusetts, you won't be covered for damage to your car caused by weather events or accidents that only involve your vehicle. For more information about individual insurance companies' merit rating plans, contact the insurance company or insurance agent directly. You may want to check with the agents of several different insurers to find out which groups the insurer has been approved to offer discounts and the size of the discounts. You can increase your car insurance protection in Massachusetts by adding different types of coverage to your policy.
If you recently moved to Massachusetts or are buying a vehicle in the state, make sure you understand the auto insurance coverage you need to comply with Massachusetts auto insurance laws. If you make a change within this 30-day period, you will pay your old insurance company on a pro rata basis for the new premium until the date coverage begins with your new insurance company. If you can afford a taxi or rent a car when your car is in the garage to repair a collision, you may not need replacement transportation coverage. Without an auto insurance policy in Massachusetts, you'll face fines, license suspension, and high out-of-pocket costs in the event of accidents.
You can also review the average car insurance costs in Massachusetts before you start comparing prices. Once you've decided what coverage you need, the next step is to get information about the cost of that insurance, including the premium, the reductions that insurers offer compared to the standard premium, and the particular provisions of the insurance company's policy that may affect your decision to buy from that company. Although most states require drivers to purchase an auto insurance policy, that doesn't mean that every driver you find is properly insured. It's best to buy the cheapest insurance available in Massachusetts rather than driving without any type of insurance.
An insurance company can obtain information about accidents and insurance claims from the MRB for use in its merit rating plan...
Leave a Comment