Cheap Car Insurance Massachusetts and Georgia 2022: For Young Drivers

Last updated: 3rd February, 2022

If you reside in the spirit of America- Massachusetts and Georgia, and are looking for the most affordable car insurance, this article is perfect for you. Let’s begin with the average cost of full coverage car insurance in Massachusetts: $180/month and $2,158/year.

In case of Georgia , average annual minimum coverage $756 and average annual full coverage premium $1,982.  However, don’t let the expensive average rate bring you down. Hence, keep reading to learn how you can get the most value from your car insurance in Massachusetts and georgia

Car Insurance in Massachusetts and Georgia 2022

First of all, car insurance is compulsory as per Massachusetts and Georgia state law. Furthermore, you cannot legally drive your car in Massachusetts without maintaining the minimum insurance coverage required by law. The minimum requirements are:

  • Bodily Injury Coverage:

    For bodily injury caused to a third party. The minimum amount required by Massachusetts state law is $20,000 per person and $40,000 per accident.

  • Property Damage Coverage:

    For damage caused to another’s property. The minimum amount required by Massachusetts and Georgia state law is $5,000.

  • Personal Injury Protection (PIP):

    The minimum amount required by Massachusetts state law for PIP is $8,000. Likewise, there are two types of PIP in Massachusetts: policyholder only and household. As the name suggests, policyholder coverage only covers the named policyholders. Similarly, household coverage covers other family members.

  • Bodily injury caused by uninsured motorists:

    The minimum amount required by Massachusetts and Georgia state law is $20,000 per person and $40,000 per accident.

Other than the compulsory policies mentioned above, optional ones include:

  • Collision: Standard collision coverage will cover your damage repairs no matter who is at fault. On the other hand, limited collision will cover your repairs only if your fault is less than 50%.
  • Comprehensive

Find out about our agents in the agent directory here and get the information about the insurance agents before you choose one. Get yourself covered wherever you go.

Are the minimum requirements enough?

To put it plainly, No! The amount for minimum coverage requirement of car insurance in Massachusetts is quite low. Also, in the unfortunate event of an accident, you might end up paying out of pocket. So, we recommend a full coverage policy that includes liability, collision, and comprehensive coverage.

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cheap car insurance cars for young drivers

Cheap Car Insurance Massachusetts and Georgia: For Young Drivers

Let’s look at the cheap car insurance Massachusetts for young drivers. There are three levels, from most minor to most comprehensive. The third party only cover damages done to other people and their vehicles, while the fire & theft does not have any limits on what can be damaged but instead includes passengers in its protection plan as well.

Today, however, Insurance companies are cashing in on the trend of higher-risk drivers by offering “fire and theft” policies. These insurance plans pay out if your car is damaged during a fire or stolen. It makes an attractive option for those who want lower premiums but still receive full coverage against accidents with little cost involved.

Now, moving on to the age that affects cheap car insurance Massachusetts for young drivers. The average rate annual by age (Bowman, 2021), has been illustrated below in the chart.

Average annual premium in Massachusetts by age

The cost of car insurance is affected by your age which depends on your driving experience and risk level. The people who are 20 years old have to pay higher insurance costs than the 40 and 60 years olds.

Car Insurance Rates by Town in Massachusetts

Now let’s look at the rates of the city or town you live in, which can cause your premiums to be higher than the state average. As per the Journalist of Bank and Finance, Cynthia Paez Bowman, 2021  there are different car insurance rates by town in Massachusetts. For example, full coverage rates for the top 20 most populated cities/towns are:

car insurance rates by town in massachusetts

The chart illustrates that Dorchester has the highest annual premium for full coverage, whereas, Haverhill is the lowest amongst all.

How can I get cheap car insurance in Massachusetts and Georgia in 2022?

Here is a brief guide on the ways to get the most affordable car insurance in Massachusetts and Georgia:

Shop around

Don’t settle for the rate your first insurance company quotes you. Also, shop around and get more rates. Hence, you will find rates well below and above the average car insurance premium in Massachusetts and Georgia.

Get a minimum coverage policy

If you are struggling with finances and only want the minimum coverage, you may do so. According to Value Penguin, the average premium for a minimum coverage car insurance policy in Massachusetts is $60/month or $721/year. Likewise, as per the Bank Rate, 2021, in Georgia drivers pay an annual premium of $1,982 for full coverage car insurance and $756 for minimum coverage. 

Make timely payments

Making timely payments to your insurer can help you get discounts on your premium. Likewise, make timely payments on your loans to keep your credit score high.

Drive less

While a car’s whole purpose is to drive, driving less can get you discounts on your premium. It’s because if you drive less, the accident risk lessens.

Maintain a clean driving record

Good driving history is the ultimate key to getting lower quotes from insurance companies.

Multiple policies in one

If you get bundle insurance like home and car insurance, it will be more affordable than separate policies.

Key Takeaway

It would be best to remember that the right policy varies between people. There are companies like USAA car insurance companies providing one of the cheapest car insurance rates in the industry. However, only available to military members, veterans, and their families.

Hence, look for companies that have multiple carriers. Having many options will not only allow you to compare the price but also have the best deals considering your situation. The right policy for you is the one that fits your situation, needs, and budget. Therefore, when considering the most affordable car insurance in Massachusetts and Georgia in 2022, look for both the cost factor and the value as per your situation.

FAQs

Q. What is the cheapest type of car insurance?

Third-party insurance is the minimum level of coverage you need to maintain a safe driving record. You might be surprised, however, when your third-party-only car insurance rates are lower than expected because they offer less protection and care than other types available on our market today!

Q. How can I get really cheap car insurance?

5 Steps to get the cheapest car insurance rates possible.

1) Don’t assume any one company is the cheapest – consider local and regional insurers as well!
2) Ask about discounts that may be available through your state’s minimum liability coverage law (or lack thereof).
3) Work on improving credit scores before getting car insurance
4) Skip comprehensive & collision coverages for older vehicles
5 )With higher deductibles, this type of policy becomes less expensive over time

Q. What is the cheapest automobile to insure in Georgia?

Among popular 2021 models of cars, the Honda CR-V, Jeep Wrangler Sport, and Subaru Crosstrek are the cheapest option to insure.

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