Comparing quotes for low-priced auto insurance is tough enough, and figuring out which company quotes the cheapest auto insurance rates for drivers over age 70 will require even more shopping around.
Each insurer has a different process for determining rates in each state, so let’s rank the lowest cost auto insurance companies in Massachusetts. It’s important that you understand Massachusetts auto insurance rates are based on many factors that will increase or decrease the cost of coverage. Improving your credit score, buying a higher-value vehicle, or having a fender bender may cause policy rate changes resulting in some rates now being cheaper than competitors.
Best Auto Insurance Prices for Age 70+
|Rank||Company||Cost Per Year|
|2||National Grange Mutual||$831|
|8||Norfolk and Dedham||$1,046|
|Quote Your Rates Go|
State Farm has some of the lowest car insurance rates in Boston at around $733 per year. This is $502 less than the average policy premium paid by Massachusetts drivers of $1,235. National Grange Mutual, Commerce Group, GEICO, and OneBeacon also rank well as some of the more affordable Boston, MA car insurance companies.
In the above example, if you are a customer of GEICO and switched to State Farm, you might achieve a yearly price reduction of around $143. Policyholders with OneBeacon might save as much as $152 a year, and Progressive insureds might realize rate reductions of up to $256 a year.
To discover how much you can save, click here to get quotes or visit any of the low-priced companies below.
These policy rates are averaged for all ages of drivers and types of vehicles and do not factor in a specific vehicle garaging location for drivers over age 70. So the car insurance company that fits you best may not even be in the top 21 companies shown above. That underscores the importance of why you need to quote rates from as many companies as possible using your own specific driver and vehicle information.
One of the many considerations that are used to help calculate the price you pay for insurance is your address in Boston. Cities with more crime and/or more people tend to have more expensive car insurance rates, whereas areas with less crime or weather claims receive better rates.
The table below ranks the priciest cities in Massachusetts for drivers over age 70 to buy auto insurance in. Boston is ranked #7 with an annual cost of $1,788 for the average policyholder, which is around $149 each month.
|Rank||City||Premium Per Year|
|Find Cheaper Rates Go|
Table data uses comparative as the specific zip code location can decrease or increase coverage rates noticeably.
Choosing the top car insurance provider can be a challenge considering how many different companies there are to choose from in Boston. The rank data shown below may help you analyze which auto insurance companies you want to consider when shopping your coverage around.
These ratings include the companies with a significant amount of written premium nationwide, so companies that may only write in Massachusetts are not taken into consideration for these rankings. If you’d like to compare prices from the insurers below and more, click this link.
Top 10 Large Auto Insurance Companies in Boston Ranked by Customer Service
- The Hartford
- American Family
- State Farm
- Farmers Insurance
- Safeco Insurance
Top 10 Large Auto Insurance Companies in Boston Ranked by A.M. Best Rating
- USAA – A++
- Travelers – A++
- State Farm – A++
- GEICO – A++
- Allstate – A+
- The Hartford – A+
- Progressive – A+
- Esurance – A+
- Safeco Insurance – A
- Farmers Insurance – A
Irresponsible driving raises your rates
The obvious way to receive the best auto insurance premiums for older drivers is to pay attention while driving and avoid at-fault accidents and violations. The chart below shows how violations and at-fault collisions can influence auto insurance costs for different insured age categories. The rate quotes are based on a single female driver, comp and collision included, $1,000 deductibles, and no other discounts are factored in.
In the chart above, the average cost of auto insurance per year with no accidents or violations is $1,343. Add in two speeding tickets and the average cost swells to $1,785, an increase of $443 each year. Now throw in two accidents along with the two speeding tickets and the 12-month cost of auto insurance for drivers over age 70 increases to an average of $3,638. That’s an increase of $2,295, or $191 per month, just for not paying attention while driving!
The example below highlights how deductible choice can influence insurance premiums when trying to find cheap insurance for drivers over age 70. The premium estimates are based on a married female driver, full physical damage coverage, and no discounts are applied to the premium.
The data above shows that a 50-year-old driver could pocket $226 a year by switching from a $100 deductible up to a $500 deductible, or save $344 by switching to a $1,000 deductible. Young drivers, like the 20-year-old category, could save as much as $568 each year by using higher deductibles when buying full coverage.
When raising deductibles, it is important to have enough in a savings account to cover the extra out-of-pocket expense that deters many people from opting for higher deductibles.
Don’t make the mistake of not shopping around
Massachusetts auto insurance rates are impacted by many factors which can substantially decrease or increase the policy price. Improving your credit rating, moving across town, or getting a ticket for careless driving may generate price changes that can cause some rates to be more affordable than others. Not only may your situation change, but auto insurance companies change their prices at least once a year in order to protect their financial rating. Higher than normal claims may cause more expensive premiums, while profitable underwriting can result in lower-priced Boston car insurance rates.
The chart below analyzes the cheapest car insurance in Boston, MA for a 45-year-old male driver with no accidents or violations, and a high credit rating. When quoting prices based on his personal risk profile, State Farm may offer the cheapest car insurance rates in Boston at $952 annually. This is $283 less than the average policy premium paid by Massachusetts drivers of $1,235. National Grange Mutual, Commerce Group, GEICO, and OneBeacon are also included in the top five cheapest Boston, MA auto insurance companies.
In the next rate comparison, we’ll give the driver from the first rate comparison a claim, slightly worse credit, and a stop sign violation. Due to the fact that each insurance company has their own formula to set their prices, comparing rates may now show a substantially altered list of affordable Boston car insurance companies as shown below.
Progressive now has the cheapest car insurance in Boston with USAA, Norfolk and Dedham, Amica, and National Grange Mutual now being in the top five. This example shows why it is crucial to shop around with many companies to find the most budget-friendly auto insurance quotes for drivers over age 70. Rates are calculated by many things and change dramatically, so the best company the last time you compared rates may now not even be in the top five.
The insurance agents in Boston listed below are a good start to help you determine which insurance coverage you need, as lots of drivers aren’t clear which coverage they need and would like to have professional advice when shopping for cheaper insurance for older drivers. It can be difficult to find the cheapest auto insurance company, and getting advice from a licensed agent can provide peace of mind knowing your policy gives you adequate protection.
To locate a Boston auto insurance agent using an interactive map, click the button after the list.
- AAA Boston
125 High St – Boston, MA 02110 – (617) 443-9300
- Paul Lymneos Insurance Agency
4258 Washington St Suite 8 – Roslindale, MA 02131 – (617) 327-3870
- Spataro and Bellino Insurance Agency
156 Maverick St – East Boston, MA 02128 – (617) 567-6558
- Marsh and McLennan Agency
500 Boylston St #300 – Boston, MA 02116 – (617) 587-2300