How Much are Car Insurance Quotes for a 20 Year Old Male in Massachusetts?

Wouldn’t it be great if we could just give you the name of one specific company that has the best auto insurance prices for 20 year old guys? Regrettably, it’s not quite that easy, as there are many unknown aspects such as if you currently have coverage, whether you want full coverage, if you are a woman or a man, and the likelihood of vehicle theft where you live, that all help calculate your car insurance rates. This article goes into detail about these things and will hopefully give you a good beginning to your quest for cheaper car insurance in Massachusetts.

One of the more important criteria that is used to calculate the policy price is where you call home in Massachusetts. Regions with larger populations or more claims like Revere, Lynn, and Lawrence tend to pay higher rates, whereas more rural areas have the benefit of cheap auto insurance for 20 year old guys in Massachusetts.

The illustration below illustrates the higher priced cities in Massachusetts for 20 year old guys to buy auto insurance in.

Rates are approximated as the vehicle garaging location can lower or raise insurance rates greatly.

Establishing which companies have the cheapest car insurance rates for 20 year old guys will take a little more effort than just getting one or two price quotes.

Each insurance company uses their own method to set premium rates, so let’s take a look at the lowest cost car insurance companies in Massachusetts. It’s important to know that Massachusetts car insurance rates are determined by lots of factors that may substantially change the policy price. Improving your credit score, buying another vehicle, or getting into an accident may cause policy rate changes that can cause some rates to be more affordable than others.

Best Auto Insurance Prices for Men Age 20

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State Farm offers some of the cheapest car insurance rates in Massachusetts at around $733 annually. National Grange Mutual, GEICO, Commerce Group, and OneBeacon are also some of the lowest-priced Massachusetts car insurance companies.

As illustrated above, if you have coverage with Commerce Group and switched to National Grange Mutual, you may see a yearly savings of around $52. Massachusetts drivers with OneBeacon may save as much as $62 a year, and Progressive insureds might lower prices by $166 a year.

These policy rates are averages across all ages of drivers and types of vehicles and do not factor in a price increase for 20 year old guys. So the car insurance company that fits your needs best may not even be featured in the list of companies above. That’s why you need to get rate quotes from many companies using your own driver data and vehicle information.

The vehicle requiring coverage is one of the main factors when shopping around for low-cost coverage for 20 year old guys. Vehicles with economical engines, excellent safety ratings, or a positive history of liability claims will cost quite a bit less to insure than fast, unsafe models. The next table showcases auto insurance prices for some of the most affordable automobiles to insure.

Above prices assume single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Massachusetts minimum liability limits. Discounts applied include claim-free, and safe-driver. Rates do not factor in the specific area where the vehicle is garaged which can decrease or increase prices significantly.

Looking at the rates, we can infer that cars like the Honda CR-V, Hyundai Elantra, Ford Escape, Chevrolet Traverse, and Honda Odyssey will definitely be the more affordable vehicles to insure for young men. Rates will trend higher just because there is more liability risk for 20 year old guys, but overall those vehicles will have the least expensive rates that you are likely to find.

Finding a good quality company is hard considering how many choices drivers have in Massachusetts. The company rank data in the lists below can help you choose which auto insurers to look at comparing prices from. The rankings below include the largest auto insurers in America, so smaller regional companies are not included in the list.

The diagram below demonstrates how deductibles can increase or decrease yearly insurance costs when trying to find cheap insurance for 20 year old guys. The price estimates are based on a married female driver, comprehensive and collision coverage, and no other discounts are factored in.

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The data above shows that a 40-year-old driver could lower their policy premium by $226 a year by changing from a $100 deductible to a $500 deductible, or save $344 by selecting a $1,000 deductible. Youthful drivers, like the 20-year-old, can cut as much as $568 every year by using a higher deductible. When increasing deductibles, it will be important to have plenty of savings on hand to allow you to cover the extra out-of-pocket expense that is associated with using high deductibles.

Find cheap auto insurance for 20 year old guys in Massachusetts

The list below shows some of the better money-saving solutions that can help Massachusetts drivers quote cheap coverage.

• Safe vehicles cost less to insure
• Save money by obeying traffic laws and keeping a clean driving record
• Save money by staying claim-free
• Avoid at-fault accidents and claims
• Buying car and homeowners insurance together can save money
• Drop full coverage on older vehicles
• Shop around for lower rates once a year

The last tip in the list is remarkably critical, as was affirmed in this piece. Prices charged by car insurance companies in Massachusetts can change considerably in a year, so drivers shouldn’t hesitate to switch to a new company if you find a better deal.

Many drivers tend to have loyalty to a certain company, but it’s not recommended if that dedication is costing a lot of money every month. It takes less than five minutes to shop around to find cheaper car insurance for 20 year old guys.

Cheapest insurance quotes for young men

Thanks to technology, there are a lot of ways to shop around for car insurance in Massachusetts, but the most common ways are using a captive (or exclusive) agency like Allstate or Liberty Mutual, an independent insurance agent, or from a direct company like Progressive. Each way has the same basic steps, but shoppers should understand the differences in how they provide price quotes.

Independent insurance agents have contracts with many companies and can get policy pricing from all of them. These types of agencies are not limited to a single company and can get prices from more than one company, which can help you get a better overall rate comparison. If they quote lower rates, your agent can just switch to a different company which is easy for the insured.

Exclusive agencies are able to quote prices with a single insurance company like Allstate or Farmers Insurance agents. These guys and gals cannot compare other company’s rates, so if prices are high they cannot provide alternatives.

If you buy direct, you do not use an agent and instead shop buying direct from a company like Esurance or Geico. Buying direct may be the best choice people who do not have a lot of assets and have some degree of understanding of how car insurance works and possible exclusions.

Which method is best to buy cheap auto insurance for 20 year old guys in Massachusetts? The majority of car insurance shoppers assume that shopping direct results in the cheapest rates since there is no need to pay agent commissions, but in reality, that is not the case. And we’d like to say buying from an independent agent can save the most money due to increased selection, but again, it’s not a sure thing. In the right set of circumstances, exclusive agents may have prices that other companies cannot beat.

Since car insurance prices are based on many different factors, the best method to not overpay for car insurance is to get quotes and compare the rates. Take some time and get rate quotes from all three to have the best rate selection. For a list of companies with some of the cheapest Massachusetts car insurance rates, click here to view.