How Much Does Auto Insurance Cost for Hybrid Vehicles in Massachusetts?

The vehicle model requiring coverage is probably the biggest factor when consumers are trying to find cheap car insurance for hybrid vehicles in Massachusetts. Vehicles with high performance engines, poor passenger safety features, or a track record of large liability claims will cost much more to insure than safer, lower-performance models.

The next table ranks car insurance rates for a number of the most budget-friendly vehicles to buy insurance for.

Data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $500 deductibles, and Massachusetts minimum liability limits. Discounts applied include homeowner, multi-vehicle, safe-driver, claim-free, and multi-policy. Table data does not factor in the specific area where the vehicle is garaged which can alter auto insurance rates greatly.

Based upon these rates, models like the Ford Escape, Hyundai Tucson, and Chevrolet Traverse should be a few of the most economical vehicles to insure for hybrids.

For hybrids, one of the more important things that is used to calculate the cost of insurance is where your residence is in Massachusetts. Cities that have higher claim levels or more people like Revere, Lynn, and Springfield will most likely pay more, whereas areas with less traffic congestion and claims have the luxury of cheap car insurance for hybrid vehicles in Massachusetts.

The following table illustrates the most expensive cities in Massachusetts for hybrid vehicles in which to purchase auto insurance.

Rate information is approximated as specific Massachusetts zip code can affect auto insurance rates noticeably.

Figuring out which company offers the most affordable car insurance rates for hybrid vehicles will require a bit more effort than just picking a company at random. Each auto insurance company uses a little different formula for determining rates, so let’s rank the most competitive car insurance companies in Massachusetts.

It’s important to understand that Massachusetts car insurance rates are impacted by many things that will increase or decrease the policy premium. Simply having another birthday, buying another vehicle, or having an at-fault accident can trigger rate changes that may make certain companies cheaper than competitors.

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State Farm normally has some of the cheapest car insurance rates in Massachusetts at around $719 each year. National Grange Mutual, OneBeacon, GEICO, and Commerce Group also qualify as some of the lowest-priced Massachusetts auto insurance companies.

As shown above, if you buy coverage from Commerce Group and switched to National Grange Mutual, you could see annual savings of in the vicinity of $53. Policyholders with Arbella might save as much as $169 a year, and Progressive customers might reduce rates by $188 a year.

To get a quick, customized rate comparison, click here to start a quote or feel free to get quotes from the companies below.

Bear in mind that those estimates are averages for all types of insureds and vehicles and do not take into consideration a rate decrease for hybrid vehicles. So the insurer that has the cheapest price for you may not even be included in the chart above. That’s why you need to quote rates from as many companies as possible using your own driver data and vehicle information.

Car insurance rates are higher with tickets and accidents

A great way to get cheap car insurance rates in Massachusetts for hybrids is to be a careful driver and not get tickets or have accidents. The chart below demonstrates how speeding tickets and at-fault accidents can increase annual premium costs for different age groups. The information is based on a married female driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.

The data charted above shows the average cost of an auto insurance policy per year with a clean driving record and no accidents is $1,355. Factor in one speeding ticket and the average cost surges to $1,577, an increase of $222 each year. Now add one accident along with the one speeding ticket and the yearly cost of car insurance for hybrid vehicles increases to an average of $2,196. That’s an increase of $841, or $70 per month, just for not maintaining a clean driving record!

Is Allstate, Geico, Progressive, or State Farm cheaper?

When buying car insurance, four of the best places to start are Allstate, Geico, Progressive, and State Farm. When combined, they have about 50% of the entire U.S. market share. All of them offer liability and physical damage protection, but each on has a different combination of discounts, features, and options that buyers can select from. The next table points out price and claims rank as well as some different options that are available for policyholders.

How to find cheap car insurance for hybrid vehicles in Massachusetts

Here are many money-saving suggestions that can help drivers get more affordable auto insurance.

• Assess whether full coverage is needed
• Avoid filing excessive claims
• Avoid speeding and other traffic citations and pay less
• Higher comprehensive and collision coverage deductibles will save money
• Drive attentively and avoid accidents
• Comparison shop frequently

That last tip is certainly crucial, as we noted in this write-up. Auto insurance rates fluctuate constantly, so drivers shouldn’t be resistant to buy from a new company if you find a cheaper price.

Having a favorite company is great, but it’s not a great idea if it’s costing you hundreds every year. Spend a few minutes and shop around to find cheaper car insurance for hybrid vehicles.