Cheapest Car Insurance Quotes for a School Permit in Massachusetts

For a learners permit, one of the big considerations that aid in calculating rate quotes is where you keep your vehicle. Areas with a lot of weather claims or more people like Revere, Lynn, and Malden are more likely to pay higher prices, whereas areas with fewer weather claims and lower vehicle theft rates profit from lower rates.

The following table rates the more expensive cities in Massachusetts for a school permit to buy car insurance in.

Premium costs are comparative as the vehicle garaging location can impact coverage prices significantly.

Finding out which company quotes the best auto insurance rates for a school permit may require a tad more effort in order to find the best price.

Each insurer uses a little different formula for setting prices, so let’s take a look at the auto insurance companies with the overall best prices in Massachusetts. We do need to point out that Massachusetts auto insurance rates are based on many factors which can substantially decrease or increase the cost of coverage. Simply having a birthday, increasing deductibles, or having a fender bender can cause premium changes that may make certain companies more affordable than before.

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State Farm generally has some of the cheapest car insurance rates in Massachusetts at around $719 per year. National Grange Mutual, GEICO, OneBeacon, and Commerce Group would also make the list of some of the cheapest Massachusetts car insurance companies.

As illustrated above, if you are currently insured with National Grange Mutual and switched to State Farm, you might see a yearly price reduction of roughly $88. Drivers with GEICO may save as much as $157 a year, and OneBeacon policyholders might lower prices by $166 a year.

To compare your rates to other Massachusetts insurance companies, click here to start your free quote or click through to the companies below.

These estimates are averaged across all types of drivers and the different vehicles they drive and do not factor in a rate increase for a school permit. So the auto insurance company that is best for you may not even be shown in the rate chart shown above. That emphasizes why you need to get auto insurance quotes using your own driver and vehicle profiles.

Best auto insurance in Massachusetts

Buying coverage from the highest-rated insurance company is difficult considering how many different companies insure vehicles in Massachusetts. The information displayed below may help you pick which providers to look at putting your business with.

These rankings are only made up of insurance companies that insure vehicles in the majority of U.S. states, so companies without a large exposure are not factored into these rankings. To compare prices from the insurers below and more, click here.

Top 10 Major Auto Insurers in Massachusetts Ranked by Value

1. The Hartford
2. Farmers Insurance
3. Safeco Insurance
4. AAA Insurance
5. State Farm
6. Travelers
7. Progressive
8. American Family
9. GEICO
10. Liberty Mutual

Full coverage rates compared to liability-only

Finding the cheapest auto insurance for a school permit in Massachusetts should be important to the majority of vehicle owners, and one of the easiest ways to find cheap insurance is to not buy comprehensive and collision coverage. The information below shows the comparison of insurance rates with full coverage and liability only. The information is based on a clean driving record, no at-fault accidents, $500 deductibles, marital status is single, and no discounts are applied to the premium.

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Averaged out for all age groups, comprehensive and collision coverage on your policy costs $1,725 per year over having just liability coverage. That is a big expense that brings up the question if buying full coverage is worth the expense. There is no specific rule to drop physical damage coverage, but there is a general guideline you can use. If the yearly cost of full coverage is 10% or more of any settlement you would receive from your insurance company, then you might want to consider buying only liability coverage.

For example, let’s say your vehicle’s book value is $11,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most your company would pay you is $10,000 after the policy deductible has been paid. If it’s costing in excess of $1,000 a year for your policy with full coverage, then you might want to think about dropping full coverage.

There are some circumstances where removing full coverage is not financially feasible. If you still owe money on your vehicle, you have to maintain full coverage in order to keep the loan. Also, if you can’t afford to buy a different vehicle if your current one is damaged, you should maintain full coverage.

How to find the cheapest auto insurance for a school permit

Lowering your rates is not difficult, and here are some of the recommended penny-pinching solutions that can help Massachusetts drivers quote low-cost car insurance.

• Do not insure for full coverage
• Having at-fault accidents will increase rates
• Buy a safer vehicle
• Pay cheaper rates with good credit scores
• Home or renters coverage can save on auto insurance
• Compare rates regularly and switch companies to save money

That last tip is remarkably critical, as we discussed in this article. Auto insurance rates can change considerably in a year, so don’t be tentative to buy from a new company if you find a better deal. Many drivers prefer to stick with one company, but it’s not a great idea if that faithfulness ends up costing you hundreds every year. In just a couple of minutes you could compare rates and find cheaper car insurance for a school permit.