Operating a motor vehicle comes with an inherent level of risk. Even the most cautious drivers are likely to be involved in at least one auto accident (if not several) over the course of their lifetime. While Auto insurance policies cannot reduce the risk of accidents, they help mitigate the financial burden resulting from an accident.
In Massachusetts, a minor accident results in a claim payment of $1,000, and up to and including $5,000 for damage to someone else’s property, collision, limited collision or bodily injury to others. A major accident results in a claim payment of more than $5,000. Whether you are involved in a minor or major accident, drivers should make sure they have sufficient coverage for all accident types.
Per Massachusetts General Law, every vehicle registered in the State of Massachusetts must carry Compulsory Insurance coverage, also referred to as State minimum requirements. There four parts to Compulsory coverage:
While the State minimum insurance requirements provide a basic level of auto protection, many drivers will need to purchase higher limits of Property Damage for sufficient coverage.
In addition to the state-mandated coverage, insurers offer a number of optional insurance coverage. The additional, optional auto coverages are:
Emergency Roadside Assistance, GAP coverage, Disappearing Deductible and Accident Forgiveness are among a few additional optional endorsements some insurance carriers provide. Ask one of our Personal Lines agents about purchasing optional coverage and endorsements.
Both comprehensive and collision coverage extend coverage to the various loss types that may happen to your auto. Comprehensive coverage offers protection for incidents that don’t involve other motor vehicles. For example, comprehensive coverage will protect against:
Collision coverage provides protection against damage sustained to your auto that is involved in an accident with one or more automobiles
Insurers offer several discount programs to help differentiate themselves from other carriers. However, there are several ways Massachusetts drivers can reduce their auto policy premiums regardless of their insurance carrier.
Searching for the optimal car insurance policy for you requires both weighing personal risk and comparing the rates available policies. For help with each of these aspects, contact one of our experienced agents today!
As an independent agency, we can compare policies from our multiple insurers, enabling you the ability to maximize your coverage while keeping your premium affordable.