Average car insurance cost in Boston, MA

Why you can trust Insure.com

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

According to data from Insure.com, the average annual cost of car insurance in Boston, Massachusetts is $2,103. The auto insurance rates in Boston is $377 more than the state average and $208 more than the national average.

Car insurance premiums vary significantly based on where they are filed. Factors such as city demographics, population density and average resident age, accident rates, theft, and vandalism rates will influence the amount of premiums you pay.

This article talks in detail about the most affordable car insurance companies in Boston, the average car insurance rates by age and gender, and how much car insurance cost in Boston depending on coverage limits. Whether you’re a new driver or an experienced one, this article will help you to find the most affordable car insurance in Boston. Keep reading to learn more.

Cheap car insurance companies in Boston

State Farm offers the most affordable car insurance in Boston for coverage limits of 100/300/100 at $916 per year.

The Geico comes close second offering car insurance at $1,337 per year.

As mentioned previously, car insurance quotes differ amongst companies due to the factors they consider when determining rates. Hence, it’s advisable to obtain quotes from multiple insurers to find affordable car insurance rates in Boston that align with your needs before finalizing your insurance carrier.

Here are the average annual and monthly costs for the various car insurance companies providing coverage in Boston, Massachusetts:

Read about the best car insurance companies.

Average car insurance cost in Boston by coverage limits

The average car insurance rates in Boston based on coverage types are as follows:

• State minimum coverage: $593 per year (limits are 25/50/25)
• Liability only coverage: $760 per year (limits are 50/100/50)
• Full coverage: $2,103 per year (limits are 100/300/100)
• Non-owners coverage: $515 per year

In many states, it’s a legal requirement for drivers to maintain the state minimum coverage, although these requirements vary by state. The state minimum coverage does not cover vehicles listed on your policy in an at-fault accident.

To avoid the risk of insufficient coverage and out-of-pocket expenses, it’s advisable to opt for full coverage or non-owner coverage, especially if you frequently borrow or rent vehicles and don’t own one yourself.

Average car insurance rates by gender in Boston

The average car insurance per year for female drivers in Boston, Massachusetts, is $2,103.

Whereas the yearly average car insurance rate for male drivers is $2,103, which is equals to what female drivers pay.

According to the Insurance Information Institute, women are considered to be safer drivers than men, and statistics have proved this. They often enjoy lower auto insurance premiums due to their lower incidence of severe accidents compared to men.

Read more on how gender affects car insurance rates.

Average car insurance rates by age in Boston

In Boston, car insurance rates are highest for teens, averaging $5,869 per year or $489 per month. According to the Insurance Information Institute, these higher rates for 16- to 19-year-olds are due to their increased likelihood of road accidents due to their lack of driving experience.

Specific teen driving laws have been implemented to help them become better drivers. Additionally, parents can lower teen insurance rates by adding them to their existing auto insurance policy.

As teens grow older and build a positive driving history, their car insurance rates decrease. Young adults usually pay $3,163 annually for their car insurance, which is $2,706 less than what teens pay for their coverage.

In Boston, adult drivers pay an average of $2,117 per year for car insurance, while senior drivers pay $1,830 annually.

According to the Insurance Information Institute, rates for adults and seniors are significantly lower than for teens and young adults, as they are more likely to obey speed limits and follow road rules.

Read more on auto insurance for seniors.

The table below lists the average annual rates for drivers of different age groups:

Car insurance rate trends in Boston

Examining the trends in car insurance rates in Boston, Massachusetts, there was an upward trend from 2022 to 2023. Between 2022 and 2023, rates increase overall by 11% or $200.

The table below illustrates the trend over the three years:

Conclusion

In conclusion, Boston’s car insurance rates are higher than the average insurance rates in Massachusetts. Drivers in Boston can find affordable car insurance options by shopping around and taking advantage of available discounts. Moreover, many car insurance companies offer discounts for customers who purchase multiple policies through the same company.

Sources

• Insurance Information Institute. “What determines the price of my auto insurance policy,” Accessed September 2024.
• Insurance Information Institute. “Auto insurance for teen drivers,” Accessed September 2024.
• Insurance Information Institute. “Senior driving safety and tips,” Accessed September 2024.

Methodology

Insure.com team worked with Quadrant Information Service to get car insurance data. To determine the average premiums, our team of data analysts and expert editors have analyzed 53,409,632 insurance quotes from 170 insurance companies across 34,588 ZIP codes.

The insurance rates are based on a sample profile of a 40-year-old male and female driver with a clean driving record and a good insurance score. Quotes premiums are for a full coverage policy with limits:

• $100,000 bodily injury per person
• $300,000 bodily injury per accident
• $100,000 property damage per accident
• $500 comprehensive and collision deductible

The quoted insurance rates are for comparison purposes, and your individual rates may vary.

Prachi Singh

Contributing Researcher

 

 . .

Prachi is an insurance writer with a master’s degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.