Massachusetts Auto Insurance

In every state including Massachusetts, auto insurance is something that you simply must have in order to legally operate a vehicle that you own. It is recommended by experts that you review your policy yearly and check to make sure that your present insurer is still offering you a competitive price on your Massachusetts auto insurance. The quickest and easiest way to get several comparable quotes on auto insurance in Massachusetts is to use a free online quote tool like the one above.

Understanding Massachusetts Auto Insurance Terminology

Insurance seems to have a language all its own and Massachusetts auto insurance is no exception. In order to make the best choices and compare the types of coverage that are out there, you need to understand exactly what it is that you are looking at. Below is a glossary of typical auto insurance terms that you will come across as you search for a policy.

• Deductible: the amount of money you pay towards a claim before the insurance kicks in and pays its portion.
• Limits: the maximum amount of money the insurance company will pay in claims, typically per incident.
• Liability: the type of insurance coverage which pays for the repair or replacement of the other party’s vehicle or the other party’s injuries in an accident where you are deemed to be at-fault.
• Premium: the price you pay yearly for your auto insurance policy. It is determined by a variety of factors like rates, the kind of car you drive, discounts you are eligible for and other things.
• Rates: the factors that are set to help determine the premium policyholders pay for an insurance policy. Things that determine rates are driving records, age of the drivers, type of car, where you live, how many miles you put on your car, what the car is used for and claims history.
• Discounts: these are things that allow you to further reduce your premium from the rate you are eligible for. They include discounts for multiple cars, multiple lines of coverage, having attended driver’s education courses, safety devices on your car, theft prevention devices, being a member of certain organizations and more. These discounts often explain why people of the same age, with the same car, a good driving record and living in the same city can end up paying different premiums.

Massachusetts Auto Insurance Requirements

Each state sets a minimum requirement for the amount of liability coverage a car owner must carry on their vehicle. In Massachusetts, auto insurance liability minimums are 20/40/5. This means:

1. $20,000 bodily injury liability coverage per person per at-fault accident
2. $40,000 bodily injury liability coverage in total per accident
3. $5,000 property damage liability coverage per accident

These minimums are inadequate in regards to offering you protection for your financial assets. They are very low and should at least be 5 times higher, if not more, for most MA residents to be protected in case of an at-fault accident. Remember, if your liability limits do not cover the expenses of the accident, then you will be sued for the remainder.

Massachusetts Car Insurance Companies

There are a number of top auto insurance companies based in the northeast and this leads to a wide variety of companies offering coverage in those states in particular. Amongst the many that offer Massachusetts auto insurance are the following:

1. ACE
2. Allstate
3. Chubb
4. Farmers
5. GEICO
6. Great American
7. Hartford
8. Liberty Mutual
9. Progressive
10. Sentry
11. Esurance
12. State Farm

Massachusetts Auto Insurance Quotes

The thing that will help you most in getting the best deal on your Massachusetts auto insurance is to shop around and compare a variety of quotes. That is where online quote tools come into play. This convenient new way to get quotes on car insurance has made it easier and faster to get a variety of quotes to compare and contrast.

Get started comparing online Massachusetts car insurance quotes now!