Tag: Why is Massachusetts Car Insurance So Expensive

Car insurance is a required expense for everyone who owns and drives a vehicle. In Massachusetts, however, car insurance might be unusually expensive when compared to other states. Many locals have inquired why vehicle insurance in Massachusetts is so expensive, and the answer is not simple. The Massachusetts no-fault insurance system contributes to the high cost of car insurance. Under this system, drivers must have personal injury protection (PIP) coverage, which covers medical expenses and lost wages in the event of an accident, regardless of who is at fault. This mandate increases the cost of insurance premiums, as PIP coverage can be costly. Furthermore, Massachusetts has a high population density, which increases the risk of accidents occurring and leads to more claims being made, pushing up insurance premiums. Why is Massachusetts Car Insurance So Expensive? Massachusetts car insurance is pricey due to the state's no-fault system. This means that, regardless of who is at fault in an accident, your insurance company is responsible for paying the...