How Much Does Auto Insurance Cost for Drivers Over Age 50 in Massachusetts?

One of the many criteria that car insurance companies use when figuring the price you pay for insurance is where you normally keep your vehicle in Massachusetts. Areas that are more densely populated or have higher claim rates like Revere, Lynn, and Springfield will most likely have higher rates, whereas areas with less congestion have the gratification of cheap car insurance for drivers over age 50 in Massachusetts.

The next table lists the most expensive cities in Massachusetts for drivers over age 50 to purchase a policy in.

Rate information is estimated as the garaging address in Massachusetts can alter rates substantially.

Shopping around for reasonably-priced car insurance is not the easiest thing to do, and finding out which company has the best car insurance rates for drivers over age 50 involves a little more work. Insurance prices will most likely be somewhat better than the state average attributed to the decrease in risk that comes with selling insurance for older drivers. Competitively-priced coverage should be easy to buy from many preferred companies.
Every insurance company has their own unique process to set premium rates, so to begin we’ll rank the most budget-friendly car insurance companies in Massachusetts.

Best Auto Insurance Prices for Age 50+

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State Farm generally has some of the cheapest car insurance rates in Massachusetts at around $741 per year. National Grange Mutual, GEICO, OneBeacon, and Commerce Group also are some of the cheaper Massachusetts auto insurance companies.

As shown above, if you are currently insured with GEICO and switched to State Farm, you could realize a yearly savings of about $109. Customers with OneBeacon could save as much as $135 a year, and Commerce Group policyholders might reduce prices by as much as $143 a year.

If you want to find out if you’re overpaying, click here to begin a quote or click several companies below for low rates.

These premiums are averaged across all drivers and vehicles and and are not figured with a rate discount for drivers over age 50. So the car insurance company that fits your needs best may not even be in the list of companies above. That is why you need to get rate quotes from many companies using your own personalized driver profile and vehicle information.

Discounts on Massachusetts car insurance rates

Auto insurance companies that sell cheap car insurance for drivers over age 50 in Massachusetts could also offer discounts that may potentially lower prices by as much as 35% or more if you meet eligibility requirements. A list of companies and a summarized list of policyholder discounts are outlined below.

The information below compares auto insurance costs with and without discounts applied to the premium. The information is based on a female driver, no claims, a clean driving record, Massachusetts state minimum liability limits, comp and collision included, and $250 deductibles. The first bar for each age group shows the price with no discounts. The second bar shows the rates with anti-theft, marriage, multiple policy, safe-driver, accident-free, and passive restraint discounts applied. When taking advantage of discounts, the average amount saved each year on car insurance for drivers over age 50 is 35% or $1,136.

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Allstate, State Farm, Geico, and Progressive: Who is cheapest?

When shopping around for car insurance for older drivers, four of the larger companies to compare rates for are Allstate, State Farm, Geico, and Progressive. The next table compares pricing and service ratings, as well as optional policy coverages that are available.

Cheapest insurance quotes for older drivers

Thanks to the internet, there are a lot of ways to get affordable car insurance quotes in Massachusetts, but the most preferred are through an exclusive agency such as Allstate or Liberty Mutual, a non-exclusive or independent agent, or direct either online or via phone. All three ways can provide car insurance quotes, but each is slightly different in how they price policies.

Independent agents can place your business with multiple companies and can compare rates with each one. These types of agents are not employed by one specific company and can quote rates with many companies, which may provide you with improved chances of finding a lower rate. If premiums increase, it’s easy for the agent to move the policy and that require little work on your part.

Exclusive agents are only able to quote your policy with one insurance company, two popular examples being a State Farm or Allstate agent. These agents are unable to provide rate quotes from other companies, so if finding the cheapest car insurance is your goal, you will want to shop around.

The final way is buying direct, which means you forego the middleman (the agent) and buy direct from companies such as Geico or Progressive. This car insurance option may be preferred by families who do not have complex finances and have an above average understanding of what coverages they need.

Which way works best to buy cheap car insurance for drivers over age 50 in Massachusetts? The quick answer would be buying direct saves money because you bypass the agent, but that turns out to not be true. An argument could also be made that going through an independent agent is the best way to go since they can provide multiple quotes, but that is not accurate either. In a lot of cases, the exclusive agents have price quotes that are impossible to beat.

Due to that fact that car insurance uses so many rating variables, the best method to ensure the lowest rates is to compare lots of quotes. The best approach is to get rate quotes from all three to give yourself the best selection. We compiled a list of companies with some of the cheapest online rates that you can click here to view.

Find cheap car insurance for drivers over age 50 in Massachusetts

It is possible to find better rates, and here are some of the recommended money-saving suggestions that can help Massachusetts drivers quote the cheapest coverage.

• Better credit rating means better rates
• Buy safe vehicles
• Increase your physical damage deductibles
• At-fault accidents can raise rates significantly
• Tickets and violations raise rates
• Compare rates once a year for cheaper prices

That last piece of advice is particularly valuable, as was stressed in the prior information. Insurance prices in Massachusetts fluctuate constantly, so don’t be hesitant to buy a different policy if a more affordable rate is found.

Many drivers have brand loyalty and that’s fine, but it isn’t a good idea if your bullheadedness ends up costing you hundreds every year. Take a few minutes and compare prices and find cheaper insurance for drivers over age 50.