Massachusetts standard auto insurance policy, Automobile Insurers of Mass. There used to be a mandatory standard policy in Mass, but that law was changed. This policy now serves as an advisory document that each insurance company can adopt, in whole or in part, and modify it to specify the insurance company's coverage and regulations. Massachusetts drivers are required by law to have at least a minimum amount of car insurance.
Knowing what coverage is required and its limits can help you avoid any problems with the law, but it will also provide you with an opportunity to know how much coverage you need. Minimum car insurance requirements are usually low, so drivers often opt for more coverage to be more economically protected while driving. Bankrate explores car insurance laws in Massachusetts and covers everything you need to know. If you are caught driving without insurance in Massachusetts, you could be fined and your license could be suspended for up to 60 days.
Massachusetts insurance law states that all drivers must have liability insurance and coverage for uninsured motorists.
Massachusetts car insurancelaws require that all drivers have a minimum level of car insurance coverage when driving or parking on public roads. Explain what car insurance is and why you need it, including how to buy insurance, driving history and reducing premiums. To find out if they are the cheapest insurance companies for you, you can request a quote and, if you already have an auto insurance policy, make sure that the coverage matches to get an accurate rate.
Your claim to your own insurance policy would cover medical expenses, property damage, and other charges. Massachusetts is one of 16 states (at the time of writing this blog post) that follow some type of “no-fault” car insurance system. It includes the new car insurance system, the purchase of car insurance, discounts under the new system, and more. The Massachusetts Auto Insurance Plan (MAIP), sometimes called the Assigned Risk Fund, is a way for drivers to get car insurance if they can't find a company in the voluntary market.
All insurance products are governed by the terms of the applicable insurance policy, and all related decisions (such as coverage approval, premiums, fees and charges) and policy obligations are the sole responsibility of the insurance insurer. If you cannot find an insurance company that is willing to sign you a policy, you will be assigned an insurance company through the MAIP. But if you weren't at fault for the accident and if the insurance doesn't cover all your expenses, the only other option could be to file a personal injury lawsuit against the other driver. Massachusetts liability insurance limits are quite low, although personal injury protection could cover some medical costs related to bodily injuries.
According to Nolo, a no-fault insurance system means that drivers must have their own financial protection.