Although you know how important it is, the tedious nature of choosing an auto insurance company makes for a stress-inducing process. There's no silver bullet to eliminate this stress, but NetQuote offers incredibly nifty tools to minimize the headaches. Take a look at this brief list of what you need to know before you contact auto insurance companies. Then, fill out our brief online form and let us do the hard work of tracking down potential insurance providers.
Requirements for Massachusetts Auto Insurance
The minimum coverage for Massachusetts auto insurance is 20/40/5 in which you're required to have $20,000 of coverage for bodily injury liability per person and $40,000 per accident. In addition, you must have $5,000 of coverage for property damage liability. Compared to other states, this is on par for bodily injury liability, but on the low-end for property damage.
For this reason, many Bay State drivers opt to carry higher liability limits. You don't want to be on the hook for out-of-pocket expenses just because you totaled a brand-new Chevy Volt, instead of a used Ford Focus. Of course, this isn't the only supplemental insurance option that you should consider: Uninsured or underinsured motorist coverage will help you cover losses in the event the other driver is carrying only minimal insurance liability. More common, drivers of new vehicles should strongly consider collision and comprehensive coverage. If you're leasing the vehicle or liens are held against the vehicle, you're more than likely required to carry this insurance.
Massachusetts Auto Insurance Quotes: Average Costs
As for premium costs, Massachusetts auto insurance is more expensive than most states. Periodically in the top 10 most expensive states, the average annual premiums for auto insurance was $981 in 2007, the last year for which reliable data is available. Nationwide the average cost was $795. This relatively high cost is not the fault of the state nor of insurance providers. In general, auto insurance costs tend to correlate to population density. With its population density and relative affluence that allows more drivers to own more valuable cars, higher amounts for Massachusetts auto insurance quotes are easily explained.
Finding Reliable Massachusetts Auto Insurance Quotes
Massachusetts auto insurance quotes are not difficult to find, despite the fact that the Bay State actually has fewer auto insurance companies than most states in the United States. Plus, sometimes companies can reinforce negative stereotypes about the insurance industry. As recently as 2008, Progressive was offering a rate comparison service, allowing customers to compare quotes from Progressive and its leading competitors. The only problem? Progressive didn't always accurately quote these rates, in some cases quoting 12-month premiums for 6-month policies, in effect doubling the true cost.
As an independent, online referral service, NetQuote connects consumers with the companies that best match their insurance needs. This allows you to confidently compare various auto insurance quotes directly from the companies themselves. Nevertheless, by filling out a quick online form, you can compare these quotes from the comfort and security of your own home. By avoiding the high-pressure situation involved with cold-calling or speaking to agents face-to-face, you can maintain your rightful leverage as an informed consumer.