UPDATED: JUNE 15, 2023 | 2 MIN READ
Regarding car insurance in Boston, Massachusetts, knowing the average rates for liability-only and full-coverage policies can help you make an informed decision. In 2023, the city continues to witness fluctuations in car insurance premiums, making it essential to find affordable coverage without compromising quality.
This article will guide you through finding cheap car insurance in Boston, highlighting the average rates for liability-only and full-coverage policies. Additionally, we will introduce you to one or two reputable insurance carriers serving the Boston area, providing you with options to consider for your insurance needs. Let’s dive in and discover the possibilities that await you in the realm of car insurance in Boston, Massachusetts.
How do the average car insurance rates in Boston, Massachusetts, compare to the state and U.S. averages?
Regarding car insurance rates in Boston, Massachusetts, drivers will pay more than in other areas of Massachusetts. Car insurance in Boston costs around $1,828 per year, which is higher than the state average.
| Average Annual Car Insurance Cost in Boston | Average Annual Car Insurance Cost in Massachusetts | Average Annual Car Insurance Cost in the United States |
|---|---|---|
| $1,828 | $1,406 | $1,550 |
Moreover, Bostonians enjoy rates above the national average of $1,550. These higher rates make it an opportune time for residents to explore their options and find cheaper car insurance that fits their budget while providing adequate coverage.
How do the city’s average rates compare to other Massachusetts cities?
Boston drivers face higher costs than their counterparts in other cities across Massachusetts. Despite already paying more than the state average, drivers in Boston find themselves at a slight disadvantage. For instance, drivers in Springfield, on average, pay just over $1,710, slightly more than their Boston counterparts.
On the other hand, drivers in Cambridge and Lowell enjoy the benefit of lower insurance premiums, with average annual rates hovering around $1,406. Boston drivers need to be aware of these variations to make informed decisions and seek out the most affordable car insurance options available in their area.
| City | Average Massachusetts Car Insurance Cost | Difference from Massachusetts Average |
|---|---|---|
| Boston | $1,555 | 17% |
| Cambridge | $1,304 | 1% |
| Lowell | $1,367 | 5% |
| Quincy | $1,444 | 10% |
| Springfield | $1,710 | 24% |
Best cheap car insurance in Boston, Massachusetts
Finding affordable car insurance in the Boston, MA area, it’s all about knowing where to search. Fortunately, the quest for cheap car insurance becomes much easier with the average rates for both liability-only and full-coverage insurance conveniently organized by the company.
To ensure you secure the best premium available, comparing rates from multiple companies is crucial. By doing so, you can confidently make a well-informed decision regarding your car insurance, ensuring that you find affordable coverage and receive the most competitive rates in the market.
Cheapest Boston, Massachusetts liability-only auto insurance
Boston, Massachusetts, drivers seeking the most cost-effective liability-only option, Farmers Insurance emerges as a top contender. Offering remarkably affordable rates, Farmers Insurance presents a viable choice with an average monthly premium of approximately $40.
By considering Farmers Insurance for your liability-only coverage needs, you can potentially secure the cheapest option available in Boston, MA, without compromising on the quality and reliability of your insurance policy.
Massachusetts minimum liability requirements
In Massachusetts, drivers must maintain at least liability insurance, which includes bodily injury and property damage coverage. However, you should exceed the minimum requirements for Massachusetts and consider adding uninsured/underinsured motorist coverage to your policy.
| Minimum Liability Requirements in Massachusetts | |
|---|---|
| Bodily Injury | $20,000 per person, $40,000 per accident |
| Personal Injury Protection | $80,000 per person, per accident |
| Bodily Injury by an Uninsured Auto | $20,000 per person, $40,000 per accident |
| Damage to someone else’s property | $5,000 per accident |
This additional coverage offers crucial protection if you are involved in an accident with an uninsured or underinsured driver. By opting for uninsured/underinsured motorist coverage, you can ensure that you are adequately protected in situations where you may be hit by someone who lacks proper car insurance. Safeguarding yourself with this additional coverage provides an extra layer of security and peace of mind while on the roads of MA.
Cheapest Boston, Massachusetts, full coverage auto insurance
Geiko has some of the lowest full coverage auto insurance premiums, around $244 monthly.
The most affordable full-coverage option, Geico stands out as the cheapest choice. Farmers and Progressive also offer competitive rates, with average monthly premiums below $170 monthly. By considering these insurance providers, you have the opportunity to secure comprehensive coverage for your car at relatively affordable rates. It’s important to assess your individual needs and compare quotes from multiple insurers to determine the best option for your specific circumstances in terms of both coverage and cost.
While liability-only coverage remains the most affordable choice for drivers in Boston, Massachusetts, it may not necessarily be the optimal option. While cost-conscious drivers may consider sticking to liability-only coverage, it is advisable to explore additional enhancements to your policy. By increasing your coverage limits and adding uninsured/underinsured motorist coverage, you can enhance your protection and mitigate potential risks. However, if your vehicle holds a value of at least $5,000 or is less than 10 years old, opting for full coverage car insurance is likely a more prudent choice. This comprehensive coverage ensures that you are adequately protected against a wider range of potential damages and incidents. Weighing the value of your vehicle and your individual circumstances will help you make an informed decision regarding the most suitable insurance coverage for your needs in Boston, Massachusetts.
| Company | Monthly rate |
|---|---|
| GEIGO | $124 |
| Progressive | $146 |
| Farmers | $166 |
| Hanover | $174 |
| Travelers | $321 |
| Farmers | $193 |
Average monthly car insurance cost by zip code
Residents residing in the 02222 zip code area enjoy the lowest car insurance rates in the Boston area, while those located in the 02128 zip code face the highest premiums. Specifically, residents in the 02128 zip code pay an elevated cost of 16% more than the state average.
Ever wondered why your zip code holds importance for car insurance companies?
Insurance carriers consider the demographic factors linked to your specific location when requesting a quote. If you reside in an area where theft and vandalism rates are higher, or accidents occur more frequently, your car insurance rates will likely reflect these risk factors.
This means that individuals in such areas may face higher insurance premiums than those in safer neighborhoods. The relationship between your zip code and insurance rates highlights the significance of considering the risk profile associated with your location when determining the cost of your car insurance coverage.
| Zip Code | Average Monthly Cost | Difference from State Average |
|---|---|---|
| 02108 | $216 | -1% |
| 02109 | $216 | -1% |
| 02110 | $216 | -1% |
| 02111 | $216 | -1% |
| 02113 | $216 | -1% |
| 02114 | $216 | -1% |
| 02115 | $216 | -1% |
| 02116 | $216 | -1% |
| 02118 | $216 | -1% |
| 02127 | $227 | 4% |
| 02128 | $254 | 16% |
| 02133 | $216 | -1% |
| 02163 | $211 | -3% |
| 02199 | $216 | -1% |
| 02203 | $216 | -1% |
| 02210 | $216 | -1% |
| 02215 | $216 | -1% |
| 02222 | $207 | -5% |
Boston car insurance premiums for people with previous incidents
Each time you receive a speeding ticket or get involved in an accident, there is a possibility that your insurance rates will go up. However, the extent of the rate increase varies among insurance companies, as each employs its own algorithm to calculate the impact of such incidents on premiums.
The following information will give you a general understanding of what to anticipate in specific situations, offering valuable insights into the potential effects on your insurance rates.
| Citation Type | Average Annual Premium |
|---|---|
| DUI/DWI | $2,293 |
| Reckless Driving | $2,264 |
| At-fault Accident (damages less than $1,000) | $1,879 |
| At-fault Accident (damages greater than $2,000) | $1,961 |
| Speeding Ticket (16-20- mph over speed limit) | $1,155 |
Cheapest car insurance options after a speeding ticket
For individuals with a speeding ticket on their record, GEICO Insurance stands out as the most affordable option for car insurance.
Regarding the impact on car insurance rates, getting a speeding ticket tends to have a lesser effect than more severe violations such as reckless driving or receiving a DUI. In fact, for the first violation, some insurance companies may not increase your premiums at all.
It’s important to note that different violations have varying degrees of influence on insurance rates, and some companies may be more lenient regarding the initial offense.
| Insurance Company | Average Annual Premium |
|---|---|
| Geico | $1,632 |
| Progressive | $2,208 |
| Safety | $2,256 |
| Farmers | $2,496 |
| Hanover | $3,396 |
| Arbella | $3,612 |
| Travelers | $5,136 |
| Plymouth Rock | $7,236 |
Cheapest car insurance options after an accident
For Boston-area drivers with a previous accident on their record, GEICO Insurance provides the most competitive annual rates.
At-fault accidents generally increase insurance premiums compared to traffic violations, and in some cases, even more than a DUI. The extent of the premium increase is often influenced by the amount of damages that the insurance company has to cover to settle the claim.
In Boston, drivers with at-fault accidents on their records can expect to pay approximately 65% more for their car insurance than those with clean records. However, it’s important to note that each insurance company handles premium increases differently, so the actual percentage increase may vary.
| Insurance Company | Average Annual Rate |
|---|---|
| Geico | $2,136 |
| Progressive | $2,388 |
| Safety | $2,736 |
| Farmers | $3,648 |
| Hanover | $3,696 |
| Arbella | $5,280 |
| Plymouth Rock | $5,652 |
| Travelers | $6,312 |
Cheapest car insurance options after a DUI
For Boston-area drivers with a DUI on their record, Progressive stands out as the provider offering the most affordable rates.
Regarding car insurance rates for individuals with a DUI on their record, both Progressive and GEICO offer the most cost-effective options, while Plymouth Rock presents the highest rates in Boston. On average, Boston drivers with a DUI can expect to pay approximately 60% more for their car insurance than those with a clean record.
Additionally, in many cases, Massachusetts mandates drivers with major violations to carry an SR-22 certificate for a duration of one to five years. This requirement serves as proof of financial responsibility and is an important consideration for individuals seeking insurance coverage after a DUI conviction.
| Insurance Company | Average Annual Rate |
|---|---|
| Progressive | $2,052 |
| Geico | $2,436 |
| Hanover | $3,048 |
| Safety | $3,936 |
| Farmers | $4,224 |
| Travelers | $6,108 |
| Arbella | $6,528 |
| Plymouth Rock | $7,428 |
Average Boston car insurance rates by gender and marital status
Both gender and marital status are demographic factors that can potentially influence car insurance rates. However, in the context of Boston, the distinction in premiums based on gender is negligible, with no significant difference observed between the rates assigned to men and women.
Similarly, there is no disparity in premiums based on marital status, whether an individual is married, divorced, or single. The insurance industry in Boston treats these factors as less influential in determining car insurance premiums, resulting in comparable rates for individuals regardless of gender or marital status.
| Gender/Marital Status | Average Annual Car Insurance Premium |
|---|---|
| Women | $1,151 |
| Men | $1,151 |
| Single | $1,151 |
| Married | $1,151 |
| Widowed | $1,151 |
| Divorced | $1,151 |
Average Boston car insurance rates by credit score
Credit scores play a role in determining car insurance rates in most states nationwide, but Massachusetts is not among them. Joining California, Hawaii, and Michigan, Massachusetts excludes credit scores from rating considerations.
This policy can be advantageous for drivers with average or poor credit, as their credit history won’t affect their rates. However, it’s worth noting that drivers with excellent credit will not receive any specific benefits in terms of car insurance rates based on their credit scores in Massachusetts.
| Credit Score | Average Annual Premium |
|---|---|
| Poor | $1,262 |
| Average | $1,262 |
| Good | $1,262 |
| Excellent | $1,262 |
Cheapest car insurance options in Boston by age
Age is another influential factor when it comes to determining car insurance rates. Statistical data reveals that young drivers tend to exhibit more reckless driving behavior than middle-aged drivers, which translates to higher insurance rates for this demographic.
Additionally, new drivers have less on-road experience than seasoned drivers, making them more prone to accidents. As a result, insurance companies often assign higher premiums to young and inexperienced drivers to account for the increased risk associated with their age and level of driving experience.
Best car insurance for young drivers
For Boston-area drivers who have an accident on their record, GEICO Insurance provides some of the most competitive annual rates available.
In Boston, the disparity in car insurance premiums between an 18-year-old driver and a 30-year-old driver is significant, with the former typically paying several times more than the latter. This emphasizes the importance of conducting thorough rate comparisons before finalizing an insurance policy.
For young drivers, it is advisable to remain on their parent’s car insurance policy for as long as possible, as this can help offset some of the costs associated with insuring a younger driver. Additionally, students currently enrolled in school and maintaining a B average or higher may be eligible for a Good Student discount, depending on the insurance company. Exploring these options can potentially lead to more affordable insurance coverage for young drivers in Boston.
| Insurance Carrier | Average Annual Rates for Liability-Only Insurance Coverage | Average Annual Rates for Full-Coverage Insurance |
|---|---|---|
| Hanover | $1,464 | $6,612 |
| GEICO | $1,572 | $3,780 |
| Farmers | $1,836 | $6,228 |
| Progressive | $2,352 | $5,184 |
| Safety | $2,592 | $6,624 |
| Plymouth Rock | $3,096 | $11,412 |
| Travelers | $3,156 | $7,356 |
| Arbella | $3,228 | $9,432 |
Cheapest car insurance options for teen drivers with a traffic violation
GEICO Insurance is the provider offering the lowest annual rates available for Boston-area drivers with an accident on their record.
GEICO takes the lead in providing the most affordable insurance for young drivers with violations in Boston. For an 18-year-old male with a speeding ticket on his record, the average annual premium amounts to $1,572, making them the go-to option for cost-effective coverage.
In the case of teens with at-fault accidents, GEICO’s average annual premium reaches $1,932, which is $360 higher compared to drivers with a clean record. By offering competitive rates, they present an attractive choice for young drivers looking to secure affordable insurance despite having violations on their records.
| Insurance Company | Average Yearly Liability-Only Rates for Teens with One Speeding Ticket | Average Yearly Liability-Only Rates for Teens with One At-fault Accident |
|---|---|---|
| GEICO | $1,572 | $1,932 |
| Hanover | $1,896 | $1,956 |
| Farmers | $1,932 | $2,364 |
| Progressive | $2,508 | $2,592 |
| Safety | $2,592 | $3,024 |
| Arbella | $3,228 | $3,192 |
| Plymouth Rock | $3,492 | $3,636 |
| Travelers | $3,708 | $3,900 |
Factors impacting Boston car insurance premiums
Apart from personal information, location, and vehicle type, area demographics significantly determine your insurance premiums. Factors such as theft rates and weather conditions can impact your insurance costs.
To provide a comparative perspective, below you will find a breakdown of how Boston fares in relation to the 300 most populous cities in the United States. This information will help you gauge how various factors in Boston may influence your insurance payments.
- Most Fatal Accidents: 281 out of 300
- Most Car Thefts: 10 out of 300
- Most Annual Rain Fall: 86 out of 300
- Most Rainy Days: 48 out of 300
- Number Of Drivers Without Insurance By State: 49 out of 50
FAQ
How much is car insurance in Boston?
In Massachusetts, the average annual cost of car insurance is $900 for minimum coverage and $2,592 for full coverage. These figures provide an overview of the typical expenses drivers can expect when it comes to obtaining car insurance in the state.
It’s important to consider these average costs while considering your insurance options and budgeting for your coverage needs.
At what age does car insurance go down in Boston?
Contrary to popular belief, significant decreases in car insurance rates occur when drivers reach the ages of 19 and 21 rather than the commonly assumed age of 25. The rates continue to decrease steadily until the age of 30, after which they tend to stabilize and remain relatively consistent.
Being aware of these age-related trends when considering car insurance costs is important, as they can help inform your decisions and expectations as a driver.
Is car insurance mandatory in Boston?
To legally register a car in Massachusetts, it is mandatory to have automobile insurance. The state law requires the purchase of four specific coverages, known as Compulsory or Mandatory Coverages, which must be obtained in minimum amounts specified by law.
However, you can increase these coverage limits if you desire additional protection for your vehicle. It is essential to adhere to these insurance requirements to ensure compliance with Massachusetts regulations when registering and operating a car in the state.
Is car insurance more expensive in Boston?
Auto Insurance in Boston is higher than in most other cities in Massachusetts. Bostonians can expect to pay an average of just under $2600 a year for car insurance.
Find cheap car insurance in Boston, Massachusetts
In Boston, Massachusetts, GEICO stands out as the provider offering the most affordable car insurance rates on average. However, when searching for the lowest rates, comparing prices from multiple insurance companies is crucial.
By obtaining quotes from various insurers, you can ensure that you secure the best possible rates for your car insurance needs. Comparing rates from multiple companies can be done quickly and conveniently, allowing you to make an informed decision and potentially save on your insurance premiums.
Sources:
- Understanding Auto Insurance (Mass.gov)
- Basics of Auto Insurance (Massachusetts DOI)
- Who Has The Best Car Insurance Rates In Boston? (Value Penguin)
- Car Insurance in Massachusetts (The Zebra)
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