Massachusetts is not only one of many states that require motorists to maintain an auto insurance policy, but it also has some of the more expensive coverage costs. However, the amount of protection that the Bay State requires is thorough, requiring that all residents maintain a policy with at least $20,000 worth of bodily injury liability per person and $40,000 for a single accident, Personal Injury Protection (PIP) of $8,000, uninsured/underinsured coverage of $20,000 per person and $40,000 per accident, and $5,000 for property damages. Even though MA is considered a no-fault state, meaning residents must carry PIP to cover the injuries sustained in an accident up to the limits of the policy; motorists are still required to carry bodily injury liability. This is because a motorist could still be found liable under certain circumstances for the compensation due to another party in which they injure.

There are many different reasons why Massachusetts auto insurance rates are higher than the national average, and the extent of required coverage is just one of such reasons. Generally speaking, MA is accredited as having a higher cost of living than other states which can affect the prices of many different services including medical care, vehicle repair costs, and consequently the price automobile coverage. Furthermore, the Bay State has many cities which are densely-populated, a detail that can often translate into more frequent accidents and more hazardous driving conditions. When a motorist is placed in an environment in which accidents are more likely to occur, insurers are then more apt to increase rates in order to compensate for these risks. Luckily, even though coverage costs are typically high, there are still ways in which a vehicle owner can lower these expenses.

Getting Lower MA auto insurance Rates

There are few ways in which a vehicle owner can decrease their premiums. As an excellent place to begin, the MA Office of Consumer Affairs and Business Regulation (OCABR) recommends Shopping for Insurance in order to find more favorable prices. Typically, the more a person compares policies and providers, the greater the chances are of finding one that offers the necessary levels of coverage at an adequate price. In order to refrain from having to contact various companies individually in order to get the necessary information, Massachusetts’ drivers can simply complete an online quote comparison. Searching in this fashion can typically produce an array of quotes from dozens of providers in a short amount of time, which helps to make the entire comparative shopping process both faster and more efficient.

Additionally, motorists may wish the explore some of the many discounts which insurers typically offer. These offers are generally advertised in order to attract new clientele or reward long term customers for their continued business, but nearly any driver can utilize such discounts in order to save money. Generally, it is not uncommon to see companies offering good driver, good student, defensive driver, loyalty, or senior discounts among many others. There may also be discounts for various features in a person’s automobile, such as anti-lock brakes, passive restraint systems, or anti-theft devices. Often a vehicle owner can qualify for several of these savings at once in order to effectively lower premium costs. With effort and small amounts of research a resident of Massachusetts could easily utilize these available resources in order to reduce rates.