Average Car Insurance Cost Massachusetts
Monday, December 12, 2022
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Average Car Insurance Cost in Massachusetts
Average Insurance Cost for Drivers in Massachusetts
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Average Insurance Cost by Age in Massachusetts
Car insurance rates vary significantly by age in Massachusetts. Drivers under the age of 25 tend to pay the highest rates, while those over the age of 55 typically pay the lowest rates. According to the Insurance Information Institute, the average annual cost of car insurance for drivers over the age of 55 is just $964, which is $272 less than the statewide average.
Average Insurance Cost by Location in Massachusetts
Car insurance rates in Massachusetts also vary significantly by location. Drivers in urban areas tend to pay more than those in rural areas, due to the higher number of accidents that occur in urban areas. According to the Insurance Information Institute, the average annual cost of car insurance for drivers in the Boston metro area is $1,399, which is $163 more than the statewide average.
Drivers in rural areas tend to pay less for car insurance, with the average annual cost of car insurance for rural drivers being just $1,093, which is $143 less than the statewide average.
Average Insurance Cost by Vehicle Type in Massachusetts
Car insurance rates in Massachusetts also vary significantly by vehicle type. Drivers of luxury cars and sports cars tend to pay more than those driving sedans and minivans. According to the Insurance Information Institute, the average annual cost of car insurance for drivers of luxury cars and sports cars is $1,744, which is $508 more than the statewide average.
Drivers of sedans and minivans tend to pay less for car insurance, with the average annual cost of car insurance for drivers of these vehicles being just $1,154, which is $82 less than the statewide average.
Average Insurance Cost by Driving Record in Massachusetts
Car insurance rates in Massachusetts also vary significantly by driving record. Drivers with a clean driving record tend to pay less for car insurance than those with a poor driving record. According to the Insurance Information Institute, the average annual cost of car insurance for drivers with a clean driving record is $1,051, which is $185 less than the statewide average.
Drivers with a poor driving record tend to pay more for car insurance, with the average annual cost of car insurance for those with a poor driving record being $1,403, which is $167 more than the statewide average.
Conclusion
Drivers in Massachusetts have some of the highest car insurance rates in the United States, due to the state's expensive auto insurance coverage requirements. Car insurance rates in Massachusetts vary significantly by age, location, vehicle type, and driving record. Drivers under the age of 25, those living in urban areas, those driving luxury cars and sports cars, and those with a poor driving record tend to pay the highest rates, while drivers over the age of 55, those living in rural areas, those driving sedans and minivans, and those with a clean driving record tend to pay the lowest rates.
