How Much Does Car Insurance Cost for Inexperienced Drivers in Massachusetts?

Finding reliable, low-cost car insurance is not the easiest thing to accomplish, and determining which company quotes the cheapest car insurance rates for inexperienced drivers may require more quotes for comparison. Each company has their own process to set policy rates, so let’s rank the car insurance companies with the most affordable rates in Massachusetts.

Lowest Insurance Price Quotes for Newbies

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State Farm normally has some of the most affordable car insurance rates in Massachusetts at around $733 annually. National Grange Mutual, Commerce Group, GEICO, and OneBeacon also are some of the most economical Massachusetts auto insurance companies.

As shown above, if you have coverage with GEICO and switched to National Grange Mutual, you could earn an annual premium reduction of around $45. Insureds with OneBeacon may save as much as $54 a year, and Progressive customers might realize rate reductions of up to $168 a year.

Be aware that those policy rates are averages for all types of insureds and vehicles and do not take into consideration a price discount for inexperienced drivers. So the company that can offer you the best price may not even be shown in the list of companies shown earlier. That’s why you need to get rate quotes using your own driver information and specific vehicle type.

One of the more important considerations that establish car insurance rates is your zip code. Regions with larger populations or more claims like Revere, Lynn, and Malden tend to pay higher rates, whereas areas with fewer weather claims and lower vehicle theft rates have the benefit of cheap insurance for inexperienced drivers in Massachusetts.

The illustration below shows the higher priced cities in Massachusetts for inexperienced drivers to purchase a policy in.

Table data uses estimated as the specific Massachusetts residence address can modify insurance rates significantly.

Drive safe and save

The easiest method to get the cheapest car insurance premiums in Massachusetts for new drivers is to drive safely and avoid accidents and violations. The chart below highlights how traffic violations and accident claims can drive up insurance premiums for each different age group. The prices are based on a married female driver, full physical damage coverage, $250 deductibles, and no policy discounts are applied.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘One Speeding Ticket and No Accidents’, ‘One Speeding Ticket and One Accident’],[‘Age 20’, 1937,2157,2781],[‘Age 30’, 1355,1575,2195],[‘Age 40’, 1339,1561,2179],[‘Age 50’, 1175,1401,2019],[‘Age 60’, 1123,1345,1963],[‘Age 70’, 1203,1425,2041]]);var options = {title: ‘Effect of Tickets and Claims on Massachusetts Auto Insurance Rates’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Massachusetts’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the chart above, the average cost of an auto insurance policy in Massachusetts per year with no accidents or violations is $1,355. Receive one speeding ticket and the average cost hikes up to $1,577, an increase of $222 each year. Now get one accident along with the one speeding ticket and the 12-month cost of car insurance for inexperienced drivers goes up to an average of $2,196. That’s an increase of $841, or $70 per month, just for not driving attentively!

Full coverage rates compared to liability only

Finding cheap insurance for inexperienced drivers in Massachusetts is important to most vehicle owners, and an effective way to pay less for insurance is to buy liability only. The illustration below illustrates the difference between insurance rates with full phyical damage coverage and with liability coverage only. The data assumes no claims or driving citations, $250 deductibles, single status, and no discounts are applied.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 4037,1339],[‘Age 30’, 2075,735],[‘Age 40’, 2059,681],[‘Age 50’, 1871,637],[‘Age 60’, 1813,627],[‘Age 70’, 2221,837]]);var options = {title: ‘Price Comparison of Full Coverage Versus Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Massachusetts’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If all age groups are averaged, comprehensive and collision coverage on your policy costs $2,346 per year more than carrying just liability coverage. At some point, almost every driver questions if buying full coverage is worth the expense. There is no clear-cut rule for excluding comp and collision coverage, but there is a general school of thought. If the annual cost of coverage is 10% or more of replacement cost minus your deductible, then you might consider buying liability only.

For example, let’s pretend your vehicle’s replacement value is $7,500 and you have $1,000 policy deductibles. If your vehicle is damaged in an accident, the most your company will settle for is $6,500 after paying your policy deductible. If you are paying in excess of $650 annually for comprehensive and collision coverage, the it may be a good time to stop paying for full coverage.

How to find cheaper insurance for inexperienced drivers

Lowering your rates is not difficult, and here are some of the recommended money-saving solutions that can help Massachusetts drivers get the cheapest auto insurance.

• Save money by insuring your home and auto with the same company
• Try to pay small claims out-of-pocket
• Drive attentively and avoid accidents
• Drop full coverage on older vehicles
• Buy safe vehicles
• Drive safely
• Compare rate quotes frequently

That last piece of advice is extremely significant, as we discussed in this article. Auto insurance prices in Massachusetts fluctuate constantly, so don’t be hesitant to switch to a new company if you can save money.

Brand loyalty is not necessarily bad, but we do not recommend it if it’s costing you thousands of dollars over several years. Take a few minutes and shop around and find cheaper auto insurance for inexperienced drivers.