After a few driving violations, one of the largest components that help determine the annual cost of car insurance is where you live. Areas with high crime rates or more dense population will most likely pay more, whereas areas that tend to be more rural have the gratification of cheaper auto insurance rates.
The following table sorts the most expensive areas in Massachusetts after a speeding ticket to purchase car insurance in. Boston shows up at #7 with an annual premium of $1,752 for car insurance, which is approximately $146 per month.
|Rank||City||Premium Per Year|
|Find Cheaper Rates Go|
Annual rates are approximated as the specific garaging location can decrease or increase premium rates substantially.
The vehicle on the policy is one of the largest factors when shopping around for cheaper insurance after a speeding ticket. Vehicles with higher performance characteristics, a lack of advanced safety features, or an increased likelihood of liability claims will cost much more to insure than safer models. The list below illustrates coverage rates for some of the cheapest automobiles to buy coverage for.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Honda CR-V EX 4WD||$2,132|
|Honda Accord LX-P 4-Dr Sedan||$2,279|
|Jeep Wrangler Sport 4WD 2-Dr||$2,369|
|Ford Escape Limited 4WD||$2,470|
|Chevrolet Malibu LS||$2,476|
|Toyota RAV4 Limited 4WD||$2,486|
|Chevrolet Impala LT||$2,476|
|Ford Explorer XLT 4WD||$2,492|
|Ford Edge SE 2WD||$2,506|
|Ford F-150 FX4 Super Cab 4WD||$2,522|
|Volkswagen Jetta 2.0T Station Wagon||$2,626|
|Jeep Grand Cherokee Laredo 4WD||$2,642|
|Dodge Grand Caravan Hero||$2,651|
|Nissan Rogue S 2WD||$2,645|
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Data rating is based on single male driver age 30, two speeding tickets, no at-fault accidents, $1,000 deductibles, and Massachusetts minimum liability limits. Discounts applied include homeowner, multi-vehicle, claim-free, and multi-policy. Rate information does not factor in garaging location in Boston, MA which can affect premium rates noticeably.
Looking at the rates, we can infer that cars like the Honda CR-V, Honda Accord, and Toyota Prius should be a few of the most budget-friendly vehicles to insure after a few driving violations.
Locating cheap insurance is difficult, and figuring out which insurers offer the cheapest auto insurance rates after a speeding ticket calls for a bit more work.
Each insurance company uses a slightly different approach to set premium rates, so let’s take a look at the auto insurance companies that tend to have lower prices in Boston.
Lowest Insurance Price Quotes with Licence Points
|Rank||Company||Cost Per Year|
|2||National Grange Mutual||$799|
|7||Norfolk and Dedham||$1,036|
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State Farm has some of the most affordable car insurance rates in Boston at around $711 per year. National Grange Mutual, GEICO, Commerce Group, and OneBeacon also are some of the more affordable Boston, MA car insurance companies.
As shown in the rates above, if you currently have a policy with Commerce Group and switched to State Farm, you might see an annual premium reduction of in the vicinity of $200. Customers with OneBeacon could save as much as $201 a year, and Progressive insureds might reduce prices by as much as $288 a year.
To find the cheapest rates for your vehicle, click here to begin a quote or quote rates from the companies below.
Bear in mind that those policy prices are averaged across all types of drivers and the different vehicles they drive and and are not figured with a specific vehicle garaging location after a speeding ticket. So the company that fits your age and vehicle best may not even be in the top 21 companies in the list above. That points out the importance of why you need to quote rates from as many companies as possible using your own specific driver information and vehicle.
Discount Boston car insurance
Insurers that sell policies after a speeding ticket may also offer policy discounts that could reduce prices by as much as 30% if you meet specific criteria. Large auto insurance companies and a partial list of their discounts are:
- State Farm policyholders can earn discounts including driver’s education, passive restraint, good driver, anti-theft, accident-free, and safe vehicle.
- Liberty Mutual may offer discounts for new vehicle discount, new graduate, exclusive group savings, multi-car, good student, and safety features.
- American Family has discounts for good student, Steer into Savings, bundled insurance, mySafetyValet, multi-vehicle, and defensive driver.
- Progressive has savings for online signing, good student, online quote discount, continuous coverage, and multi-policy.
- Farmers Insurance offers discounts including distant student, early shopping, alternative fuel, homeowner, and good student.
- Auto-Owners Insurance may have discounts that include student away at school, good student, group or association, paid in full, multi-policy, and safe driver.
- SAFECO offers discounts for anti-lock brakes, teen safe driver, teen safety rewards, bundle discounts, drive less, and accident prevention training.
The information below illustrates the difference between car insurance rates with and without discounts. The premiums assume a male driver, no accidents and three citations, Massachusetts state minimum liability limits, full physical damage coverage, and $250 deductibles.
The first bar for each age group shows premium with no discounts. The second shows the rates with vehicle safety, continuous coverage, multiple vehicle, paid-in-full, marriage, and anti-theft discounts applied. When these discounts are applied, the average savings per year on auto insurance after a speeding ticket is 28% or $992.
How much more does full coverage cost in Boston?
Finding cheaper auto insurance should be important to most vehicle owners, and an effective way to buy cheaper insurance after a speeding ticket is to only buy liability coverage. The chart below illustrates the difference between yearly insurance costs with and without full coverage. The costs are based on a clean driving record, no at-fault accidents, $100 deductibles, single status, and no additional discounts are factored in.
Averaged for all ages 20 through 70, physical damage coverage costs $2,566 per year over and above liability coverage. At some point, almost every driver questions if you should buy full coverage. There is no clear-cut formula to exclude comp and collision coverage, but there is a guideline you can consider. If the annual cost of having full coverage is more than about 10% of replacement cost minus your deductible, then it might be time to buy liability only.
For example, let’s pretend your vehicle’s replacement cost is $9,000 and you have $1,000 deductibles. If your vehicle is damaged in an accident, the most your company would pay you is $8,000 after paying your deductible. If you are paying in excess of $800 a year for physical damage coverage, then it could be time to drop full coverage.
Impact of citations and accidents on Boston insurance rates
The easiest way to maintain low auto insurance prices in Massachusetts after a few driving violations is to be a good driver and maintain a clean driving record. The diagram below shows how violations and accidents can raise car insurance costs for different age groups. The data is based on a married female driver, comp and collision included, $100 deductibles, and no policy discounts are applied.
The data above shows the average cost of auto insurance in Massachusetts per year with no accidents or violations is $1,969. Factor in two speeding tickets and the average cost surges to $2,812, an increase of $843 each year. Now get one accident along with the two speeding tickets and the annual cost of auto insurance after a speeding ticket jumps again to an average of $3,676. That’s an increase of $1,707, or $142 per month, just for not driving attentively!
Why you should be comparing rates
Boston, MA auto insurance rates are impacted by many factors that can increase the price you have to pay. Getting older, becoming a homeowner, or having an at-fault accident may prompt premium changes that can cause some rates to be cheaper in comparison to the competition. Not only may things change on your end, but car insurance companies modify pricing every year or even multiple times each year to ensure their profitability. Heavy losses may cause higher priced premiums, while profitable underwriting may cause cheaper Boston car insurance rates.
The chart below shows which companies have the cheapest car insurance in Boston, MA for a 40-year-old female driver with a clear driving record, no claims, and excellent credit. If we look at prices based on her current risk factors, State Farm offers the lowest car insurance rates in Boston at $981 annually. This is $254 less than the average price paid by Massachusetts drivers of $1,235. National Grange Mutual, GEICO, Commerce Group, and OneBeacon are also included in the best Boston, MA auto insurance companies.
In this next rate comparison, we will give the driver from the first example an accident surcharge, poor credit, and a stop sign violation. Because every insurance company has their own formula to establish rates, analyzing rates may now show a substantially altered list of affordable Boston car insurance companies as shown below.
Progressive now has the lowest car insurance rate in Boston with USAA, Norfolk and Dedham, Amica, and GEICO now rounding out the top five. This shows why it is important to shop around when trying to get affordable insurance rates after a speeding ticket. Insurance rates can be altered by many different factors and can decrease or increase without notice, so the lowest-price company a year ago may now be priced much higher than other options.
The Boston, MA, insurance agents below can help you decide which policy is best, as some drivers wish to get some professional input when shopping for cheaper insurance after a speeding ticket. It can be difficult to find the best coverage on your own, so getting advice from a licensed agent can add comfort knowing your policy gives you suitable coverage if you have an accident.
To locate a Boston car insurance agency nearest to you, click the link after the list.
- Allstate Insurance: Abner Joseph
571 Dudley St Ste A – Boston, MA 02125 – (617) 442-9490
- Child-Genovese Insurance Inc
44 Temple Pl – Boston, MA 02111 – (617) 350-5511
- Security Insurance Agency, Inc
313 Washington St – Brookline, MA 02445 – (617) 739-2886
- One Call Insurance
121 Tremont St – Boston, MA 02135 – (617) 782-2255
- Richard Soohoo Insurance
1148 Washington St – Boston, MA 02118 – (617) 338-8168