The state of Massachusetts requires drivers to have minimum liability car insurance for owing or leasing a vehicle. The drivers need to show their financial ability to pay for the loss incurred in an accident in which they or their vehicles are involved. Research all the coverage options available before buying a policy.
Massachusetts Car Insurance
The only way to obtain car insurance in Massachusetts is by having the minimum liability insurance to satisfy state law. You can buy liability coverage from any state authorized insurance provider.
The minimum Massachusetts car insurance coverage a driver needs is:
- Bodily injury to others, minimum $20,000 per person, $40,000 per accident
- Personal injury protection that pays up to $8,000 or an injury regardless to fault
- Bodily injury caused by an uninsured/underinsured driver, minimum $20,000 per person, $40,000 per accident
- Damage to someone else’s property that is minimum $5,000 for property damage
Proof of insurance
As soon as you apply for coverage, your provider will hand you an insurance card that contains the effective and expiration date, description of your car, the identification number, and the limit of the liability coverage. You need to keep the card insurance in your car at all times, to show it as requested.
Why do you need to compare Massachusetts car insurance quotes?
Insurance prices used to be pre-fixed and established system in the past. As of April 2008, drivers are allowed to shop around and choose from several available car insurance options, prices, and coverage.
Merit Rating
Insurance providers in can formulate their own merit rating plans and decide the premiums of their customers on that basis. They are free to decide surcharges for at fault accidents, or reward the customers with discounts for good and disciplined driving.
However, the insurance companies are not liable to apply surcharges for traffic violation or at fault accidents occurred more that six years before the insurance came into effect.
Safe Driver Insurance
If the insurance providers do not want to create their own merit listing, they can opt for Safe Driver Insurance Plan to reward good drivers with low premiums.
Your Massachusetts car insurance depends on factors such as:
- Age – as you grow older, you require to pay less for your coverage.
- Gender – women are generally more disciplined drivers, thus paying less
- Driving record – if your driving record proves that you drive sensibly, you are surely paying less for your premium.
- Residing area -if you are a resident of an area with high car theft, affected by frequent vandalism, or prone to natural disasters such as earthquakes, fire etc, you can expect higher payments.
- Loans not cleared – if you defaulter in any debt, companies can impose a higher premium on you.
- Make and model of your vehicle – A brand new vehicle that often cost more to repair or maintain is expensive to cover.
Discounts offered on Massachusetts car insurance premiums for:
- Having a good driving record
- A good academic record (for teen drivers).
- Maintaining and securing your car well and having alarm systems installed.
- Have undergone and successfully completed a driving refreshing course.
Coverage offered by auto insurance companies in Massachusetts.
- Bodily Injury Liability-pays for the medical expenses of the victim in an accident if it was your fault.
- Collision Coverage-covers you car against the losses suffered in a collision.
- Comprehensive Coverage- repays for damages caused to your car by vandalism, theft, fire or earthquake. Things other than collision.
- Gap Insurance-It is a financial bridge between the cost of your car and the amount of loan due. It covers your car loans
- Liability Coverage-compensates the victim’s losses in an accident where you or your car is at fault. It will not repay for your personal injuries.
- Pay-Per-Mile Coverage-this coverage helps you to decide your own car insurance premium. The more you drive, the higher you pay for car insurance.
- Personal Injury Protection Coverage-pays for the injuries in a car crash regardless of faults.
- Physical Damage Coverage- pays for any damage caused to the body of the car.
- Property Damage Liability-it compensates for the damage of property caused by a car crash in which you were at fault.
- Rental Car Insurance- Pays for the repair or replacement of your rented car if it is damaged or stolen.
- Underinsured/Uninsured Motorist Coverage-compensates your losses incurred in an accident with a motorist who is not optimally insured or is totally uninsured.