Cheap Car Insurance for College Graduates in Massachusetts

The cost and performance of the vehicle you are seeking coverage for is a large factor when comparing quotes for cheap car insurance for college graduates in Massachusetts. Vehicles with lower acceleration and performance, advanced safety features, or a track record of few liability claims will cost substantially less to insure than adrenaline junky models. The next lists estimates car insurance rates for a selection of the most economical automobiles to buy insurance for.

Data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Massachusetts minimum liability limits. Discounts applied include safe-driver, claim-free, multi-vehicle, homeowner, and multi-policy. Prices do not factor in specific zip code location which can revise coverage rates greatly.

Price data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Massachusetts minimum liability limits. Discounts applied include safe-driver, multi-vehicle, multi-policy, claim-free, and homeowner. Table data does not factor in specific Massachusetts garaging location which can increase or decrease coverage rates noticeably.

Price data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Massachusetts minimum liability limits. Discounts applied include safe-driver, claim-free, multi-policy, multi-vehicle, and homeowner. Price estimates do not factor in your specific Massachusetts location which can modify insurance rates significantly.

Comparing rates for low-cost insurance is hard enough, and deciding which company offers the lowest-priced auto insurance rates for college graduates will require a bit more work.

Each company uses their own formula for determining rates, so let’s rank the most competitive auto insurance companies in Massachusetts.

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

In the rate table above, if you currently have coverage with Commerce Group and switched to National Grange Mutual, you might see annual savings of about $104. Policyholders with Progressive might save as much as $222 a year, and Arbella policyholders might see rate reductions of $223 a year.

It’s important to note that these policy rates are averages across all types of drivers and the different vehicles they drive and and are not calculated with a rate discount for college graduates. So the auto insurance company that can offer the best rates for your situation may not even be in the list above. That helps illustrate why you need to compare as many prices as possible using your own personalized driver profile and vehicle information.

Cautious Massachusetts drivers save money

The obvious way to snag cheap car insurance for college graduates in Massachusetts is to drive safe and avoid getting tickets or having accidents. The example below demonstrates how citations and fender-benders can drive up yearly insurance costs for different age categories. The premiums are based on a married male driver, comp and collision included, $100 deductibles, and no discounts are applied to the premium.

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In the previous chart, the average cost of car insurance per year with a clean driving record and no accidents is $2,187. Factor in one speeding ticket and the average cost increases to $2,511, an increase of $324 each year. Now add one accident along with the one speeding ticket and the yearly cost of auto insurance for college graduates jumps again to an average of $3,441. That’s an increase of $1,255, or $105 per month, just for not being attentive to the road!

Choosing the highest-rated car insurance company can be difficult considering how many different companies sell coverage in Massachusetts. The company information in the next section could help you select which auto insurance companies you want to consider comparing rates with. The rankings below are for companies who write in the majority of U.S. states, so companies that may only write in Massachusetts are not factored into these rankings.

Top 10 Large Auto Insurance Providers in Massachusetts Ranked by A.M. Best Rating

1. GEICO – A++
2. Travelers – A++
3. State Farm – A++
4. USAA – A++
5. The Hartford – A+
6. Allstate – A+
7. Esurance – A+
8. Progressive – A+
9. Liberty Mutual – A
10. AAA Insurance – A

Which car insurance company is best?

When shopping around for auto insurance for college grads, four companies to take a look at are State Farm, Allstate, Progressive, and Geico. When combined, they make up nearly half of all vehicles in the U.S.. The following table shows some of the different features .