Car Insurance in Boston MA Increases Due to Population Growth in 2021
Posted by Premier Shield Insurance on
Follow Boston Massachusetts Car Insurance Price Increases and Trends.
In 2021 we are seeing fewer drivers on the streets of Boston due to the COVID-19. Initially, this created lower claims for auto insurance but Boston continues to grow in population, and claims activity is still on the rise in 2021.
2021 Expensive Car Insurance in Boston Example
The prices for car insurance in Boston have been continuously climbing for new and young drivers.
If someone who didn’t have prior car insurance in Mattapan MA tried to start a basic auto insurance policy it would cost $3,800.00 paid in full due today or $1,009.75 down today and 5 payments of $609.85 = $4,059.00 for a 6-month auto insurance policy.
There are many rating factors that come into play when they’re figuring out what to charge you.
If you live in the state of Massachusetts you are paying more for car insurance than most other states (Unless you live in Western Mass).
In fact, did you know that Massachusetts is one of the most expensive states for car insurance in the United States?
How Do Rising Boston Populations Impact Your Automobile Insurance Premiums?
If you live in a highly populated area, your odds of getting into an accident or file a claim skyrocket. That’s why your price does too! There are so many “Hit-and-runs” and fender-benders in the city which leads to higher costs for insurance for everyone.
If you search online the for average monthly car insurance Massachusetts you’ll get a lot of quotes generating companies putting numbers out that isn’t going to help you any. You need an accurate rate from a licensed insurance agent.
Frequently Asked Questions about Boston Car Insurance
Why are auto insurance premiums going up? If you are seeing an increase in your insurance premium it you may have ad an accident, tick, or filed a claim. If neither of these situations happened it can be because you live in a high-risk area.
What Cities are Considered High-Risk in Massachusetts?
Premier Shield Insurance insures the entire state of Massachusetts. We know what areas insurance companies are seeing the highest losses from. These are the same areas consumers are seeing prices increase.