- Division of Insurance
Nationally, auto insurance rates have risen due to several factors, such as higher costs for labor and parts, vehicles containing more high cost technology, and the increased frequency of natural catastrophes. When it is more expensive to repair vehicles, insurance companies may increase their rates to ensure that they are accounting for those increased costs and collect enough premium to cover policyholder claims.
Although you may not have had any claims or changes to your specific circumstances (same vehicle, no new drivers), the amount that you pay for your auto insurance is impacted by these factors. We’ve previously shared the importance of shopping around to help find the best price, but another way consumers can save money on their auto insurance is by asking about discounts offered by their insurer.
In Massachusetts, auto insurers are allowed by the Division of Insurance to offer various discounts. Keep in mind that insurers can choose to offer or not offer discounts and just because one company does not offer a particular discount, does not mean that another won’t. We have compiled a list of the most common discounts offered. You can contact your insurance company at any time and ask about discounts, and if you find a company that is offering you a better price, you change your auto insurance carrier whenever you want. You do not need to wait until it is time to renew the policy.
- Accident/violation free discount or good driver discount
- Bundling with Homeowners Insurance /Multi-line /Companion discount (HO, umbrella, life)
- Multi-car discount
- Low-mileage discount/annual mileage factor
- Usage-based factors/Telematics factors
- Paid in full discount
- Early Quote/Advanced Shopper discount
- Anti-theft discount/Vehicle Safety discount
- Online purchase discount
- Senior discount
- Defensive/advanced driving course discount
- Paperless/eDocument discount
- Good student discount
- Student away at school/from home discount
The above list is not comprehensive but can be used as a start to discuss with your agent or insurance company. For more information about auto insurance, visit our website Automobile Insurance | Mass.gov.
