Life doesn’t get much better than in Hyannis, MA. It’s one of the few places in the nation where a boat is sometimes more useful to get around with than a car, especially if you make a lot of trips out to Nantucket. But a car is still useful to have when you’re forced to be tied to the land. And under state law, owning a car means insuring a car. The best Hyannis auto insurance policy for you is based on many things, including state requirements, your lifestyle and your car. In order to navigate all the options to find the best policy for yourself, talk to your Independent Insurance Agent. Your agent will get you multiple quotes so that you can compare them to find the best policy for your needs at a price you can afford.
For some very good reasons, Massachusetts is an expensive state in which to insure a car. The U.S. average for a car insurance policy was $1,311 in recent years, but in the Bay State it was $1,460 in the same years. There was $6.5 million in losses on the roads that year. Your car insurance is based on factors from your life, however; and the more aware you are about these factors, the more you can take steps on your own to keep your car insurance affordable. These factors are the following:
- Your coverage and deductibles - How much are you covered for in any claim?
- Your vehicle - A more expensive car to repair costs more to insure.
- Your driving habits, i.e., how often and how far you drive - Insurers usually take your word for it.
- Your ZIP code - How much vandalism has there been in your neighborhood?
- Your driving record - Are you accident- and ticket-free?
- Your credit history - A credit risk is considered to be an insurance risk.
- Your age, sex, and marital status - Single males under 25 are the highest risks.
Insurance companies stress different aspects of your life when giving you a quote, so shopping around for the insurance that fits your car and your life is critical.
Massachusetts Car Insurance Requirements
State law has certain minimum insurance requirements for every driver. The options you can select, starting with these requirements, include the following:
- Bodily Injury Liability: State law requires a minimum of $20,000 per person covered and a minimum of $40,000 total for all persons injured in an accident.
- Property Damage Liability: The state requires a minimum of $5,000 in protection against damage to any property in an accident.
- Personal Injury Protection: This is also required for all motorists, with a minimum of $5,000 in protection against injury.
- Uninsured Motorist Coverage: Coverage against uninsured drivers is required in Massachusetts as well.
- Comprehensive: This is not required. This is a policy that includes all of the above plus many additional features, including coverage of any damage to the car for any reason.
Above and beyond the demands of state law, you can also choose to have what is called a comprehensive policy. This covers any damage to your car for any reason, including theft, storms, and vandalism. Many policies even include a rental when your car is in the shop so that you can always get around. It’s important to select the right policy for your lifestyle and not simply opt for the lowest price.
Number of Uninsured Motorists in Massachusetts
State law requires you to carry uninsured motorist coverage for a good reason. Massachusetts has a low rate of uninsured drivers, but they are out there as shown in these data from recent years:
- Across the U.S., 12.6% of all drivers are uninsured.
- In Massachusetts, 3.3% of all drivers have no insurance.
The uninsured driver part of your policy protects you against this risk. It pays out quickly in the event you are in an accident with a driver who is not carrying insurance, avoiding long hassles with lawyers and the courts. If you are injured in an accident with an uninsured driver, the potential cost to you is much more than the value of your car — medical bills can be nearly unlimited.
Number of Auto Thefts in Massachusetts
One of the things that helps keep the cost of insurance in Massachusetts affordable is the low rate of car theft as shown here in recent data:
- Nationally, 2.94 out of every 1,000 cars are stolen every year.
- In the Bay State, 1.91 out of every 1,000 cars are stolen.
Some makes and models are more heavily targeted by thieves for a number of reasons — they are easier to steal, easier to sell when “hot” or easier to sell as parts. If you are contemplating buying a new car, you may want to check to see if it falls into this category, making it more expensive to insure. No matter what, there are many things you can do to minimize your auto theft risk and keep your insurance claims down so that you maintain the lowest cost for your car insurance here in Hyannis.
Find a Great Hyannis Car Insurance Policy
With so many options, finding the best car insurance for your needs can be daunting. Make an appointment with your Independent Agent today to understand the options for your vehicle and lifestyle so that you can get the quote that fits your needs and your budget the best.