The words “affordable” and “insurance” really shouldn’t be used together, specifically when trying to find the best insurance rates for government employees. Because of the high cost, let’s teach you some situations that have an impact on auto insurance rates, and come up with some ways to lower the price of the next policy you buy.
Comparing quotes for budget car insurance is tough enough, and deciding which company has the cheapest insurance rates for government employees may require more quotes for comparison.
Every auto insurer has their own formula for filing rates in each state, so we need to take a look at the overall cheapest insurance companies in Boston, MA. We do need to point out that Massachusetts insurance rates are impacted by many things that will increase or decrease the price you pay. This price fluctuation is why consumers need to take the time to compare rates when trying to get the cheapest car insurance rates for government employees. Rates are made up of many factors and change substantially, so the cheapest company when you last compared rates may now not even be in the top five.
Cheapest Insurance Rates in Massachusetts
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | State Farm | $741 |
| 2 | National Grange Mutual | $807 |
| 3 | GEICO | $876 |
| 4 | Commerce Group | $902 |
| 5 | OneBeacon | $903 |
| 6 | Arbella | $1,010 |
| 7 | Progressive | $1,019 |
| 8 | USAA | $1,034 |
| 9 | Norfolk and Dedham | $1,036 |
| 10 | Amica | $1,109 |
| 11 | Quincy Mutual | $1,294 |
| 12 | Vermont Mutual | $1,297 |
| 13 | Safety Group | $1,312 |
| 14 | Hanover | $1,345 |
| 15 | Travelers | $1,349 |
| 16 | MetLife | $1,397 |
| 17 | Peerless | $1,399 |
| 18 | Plymouth Rock | $1,556 |
| 19 | Liberty Mutual | $1,736 |
| 20 | Allstate | $1,808 |
| Find Cheaper Rates Go | ||
State Farm offers some of the best car insurance rates in Boston at around $741 per year. National Grange Mutual, GEICO, Commerce Group, and OneBeacon also are some of the cheapest Boston, MA auto insurance companies.
In the above rates, if you currently have a policy with OneBeacon and switched to National Grange Mutual, you could see a yearly price reduction of roughly $96. Policyholders with Arbella might save as much as $203 a year, and Progressive customers might realize rate reductions of up to $212 a year.
These estimates are averages across all ages of drivers and types of vehicles and and are not figured with a specific location for government employees. So the car insurance company that has the lowest price for you may not even be in the list above. That is why you need to compare rates from as many companies as possible using your own specific driver information and vehicle.
For state and federal workers, one of the big criteria that are looked at to determine the annual cost of car insurance is where your residence is. Cities with more crime and/or more people are more likely to have higher rates, whereas areas with less people or fewer weather incidents have the luxury of lower rates.
The following table rates the most expensive cities in Massachusetts for government employees to purchase car insurance in. Boston is ranked at #7 with a yearly premium of $1,752 for the average policyholder, which is around $146 per month.
| Rank | City | Annual Rate |
|---|---|---|
| 1 | Revere | $2,148 |
| 2 | Brockton | $2,059 |
| 3 | Lynn | $1,939 |
| 4 | Springfield | $1,927 |
| 5 | Lawrence | $1,896 |
| 6 | Malden | $1,860 |
| 7 | Boston | $1,752 |
| 8 | Worcester | $1,729 |
| 9 | New Bedford | $1,698 |
| 10 | Fall River | $1,666 |
| 11 | Somerville | $1,648 |
| 12 | Medford | $1,574 |
| 13 | Quincy | $1,534 |
| 14 | Lowell | $1,527 |
| 15 | Haverhill | $1,482 |
| 16 | Weymouth | $1,461 |
| 17 | Chicopee | $1,455 |
| 18 | Cambridge | $1,446 |
| 19 | Framingham | $1,432 |
| 20 | Brookline | $1,428 |
| Get a Custom Quote Go | ||
Premium costs are approximated as specific Boston garaging address can raise or lower rates substantially.
Impact of careless driving on Boston insurance rates
The ideal way to obtain good insurance rates in Massachusetts for state and federal workers is to be an attentive driver and not have accidents or get tickets. The illustration below shows how violations and accident claims can increase car insurance rates for different age groups of insureds. The data assumes a married male driver, full coverage, $100 deductibles, and no discounts are taken into consideration.
In the previous chart, the average cost of an auto insurance policy in Massachusetts per year with no accidents and a clean driving record is $2,187. Get one speeding ticket and the average cost hikes up to $2,511, an increase of $324 each year. Next add one accident along with the one speeding ticket and the 12-month cost of insurance for government employees increases to an average of $3,441. That’s an increase of $1,255, or $105 per month, just for a couple of infractions!
Liability-only versus full coverage
Lowering the price of insurance should be important to the majority of vehicle owners, and one way to find cheap insurance for government employees is to only pay for liability coverage. The example below visualizes the comparison of insurance rates with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The premiums assume a clean driving record, no claims, $1,000 deductibles, single marital status, and no additional discounts are factored in.
As an average, full coverage on your policy costs $1,898 per year over and above liability coverage. That proposes the question when is it a good idea to stop buying full coverage. There is no definitive formula of when to eliminate comp and collision coverage, but there is a general convention. If the annual cost of having full coverage is more than 10% of the vehicle’s replacement cost less your deductible, then it could be time to drop full coverage.
Last year’s bargain might be this year’s rip off
Boston, MA insurance rates are influenced by many factors that control the cost of your policy. Simply getting older, increasing liability limits, or getting into an accident can trigger rate changes that can make some companies more affordable than before.
Not only that, but insurers file new rates as needed to reflect underwriting profits or losses. An extended period of higher than normal claims can result in rate increases, while a profitable period may result in more affordable Boston car insurance rates.
The bar chart below shows the companies that have the cheapest car insurance in Boston, MA for a 35-year-old female driver with no violations or accidents, and a high credit rating. If we compare prices based on her personal profile, State Farm quotes the most affordable car insurance rates in Boston at $961 a year. This is $274 less than the average rate paid by Massachusetts drivers of $1,235. National Grange Mutual, GEICO, Commerce Group, and OneBeacon are the remainder of the cheapest Boston, MA auto insurance companies.
Now we will pretend the driver in the first example a claim, bad credit, and a few blemishes on her driving record. Due to the fact that every auto insurer has a different process to set policy rates, comparing insurance quotes most likely will result in a completely different list of affordable Boston car insurance companies as shown below.
Arbella now has the best insurance rate in Boston, MA with USAA, Norfolk and Dedham, Amica, and GEICO now being in the top five. This example shows why consumers need to perform a complete rate comparison when trying to get the best insurance quotes for government employees.
Car insurance prices are influenced by many things and can decrease or increase without notice, so the cheapest company when you bought your policy may now be priced much higher than other options.