U.S. Cities  

Go Back   City-Data Forum > U.S. Forums > Massachusetts > Boston
Register Blogs Search Today's Posts Mark Forums Read

Welcome to City-Data.com forum! Make sure to register - it's free and very quick! You have to register before you can post and participate in our discussions with 600,000 other registered members. User profiles and some forums can only be seen by registered members. After you create your free account you will be able to customize many options, you will have the full access to over 15,000 posts/day about local topics and you will see fewer ads. Within the last few months our forum was cited in an article in 15 newspapers.

Get a detailed profile of any city, county, or zip code:
      Search our forums (advanced):

Reply


 
Old 11-19-2007, 10:56 PM
Member
 
Join Date: Nov 2007
22 posts, read 21,634 times
Reputation: 14
MM530 is on a distinguished road
Default Insurance

I am thinking of having a car when I move to Boston . Is the insurance really that bad as everyone makes it seem ? I am a 22 yr old male...?
Reply With Quote Quick reply to this message

 
Old 11-20-2007, 05:40 AM
Amerikanska
 
Join Date: Oct 2006
Location: Sverige och USA
389 posts, read 379,404 times
Reputation: 106
ChunkyMonkey will become famous soon enoughChunkyMonkey will become famous soon enoughChunkyMonkey will become famous soon enough
Car insurance in Mass is in a state of flux. Mass. has been the only state that sets the rates for all car insurance. However, that has led to no competition. Some large companies such as Geico don't even offer coverage in Mass. However, all that is about to change first of the year. The latest news is that rates should come down about 7%. However, who really knows what will truly happen. Good luck.
Reply With Quote Quick reply to this message
 
Old 01-07-2008, 07:17 PM
Junior Member
 
Join Date: Jan 2008
5 posts, read 4,043 times
Reputation: 11
JasonWerner57 is on a distinguished road
My car insurance went down significantly when I moved here from South Beach. It went down over 150.00/month!!!! Carefully consider if you really need a car. I live in Chelsea, which is a 10 minute bus ride from downtown Boston. I only use my car once or twice a week!
Reply With Quote Quick reply to this message
 
Old 01-09-2008, 07:21 AM
Senior Member
Status: "Let's Go Red Sox" (set 10 days ago)
 
Join Date: Jul 2007
Location: Marietta, GA
2,853 posts, read 1,231,517 times
Reputation: 833
neil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to behold
Quote:
Originally Posted by MM530 View Post
I am thinking of having a car when I move to Boston . Is the insurance really that bad as everyone makes it seem ? I am a 22 yr old male...?
Car insurance in MA is based on three things...period.

1- The make/model/yr of the car
2- The town you live in
3- Your driving history...tickets and accidents

Your age, credit history, and affiliations are not used in MA as they are in every other state. In MA, good drivers subsidize the poor habits of bad drivers, so the rates are uniform no matter what company you use. Most of the major insurance companies do not even write policies in MA, so you're left with second and third tier companies, and they all charge the same gov't mandated premiums. The only thing you can sometimes get is a small discount on a portion of your policy, but only if you've had no tickets or accidents in at least 6 years.

Welcom to the "People's Republic" where the gov't always knows best.

EDIT: Check out Don't All Insurance Companies Charge the Same Rate in MA
Reply With Quote Quick reply to this message
 
Old 01-09-2008, 09:00 AM
It's just a name...
 
Join Date: Jul 2006
Location: Metrowest, MA
1,779 posts, read 2,051,563 times
Reputation: 371
smarty is just really nicesmarty is just really nicesmarty is just really nicesmarty is just really nicesmarty is just really nicesmarty is just really nicesmarty is just really nicesmarty is just really nice
Beside the
1- The make/model/yr of the car
2- The town you live in
3- Your driving history...tickets and accidents

Age is definitely a factor... if you are male under 25...(via driving history)

Quote:
In MA, good drivers subsidize the poor habits of bad drivers, so the rates are uniform no matter what company you use.
I don't understand how good drivers subsidize bad ones when driving history affects your rate.


Here's the MA car insurance brochure
http://www.mass.gov/Eoca/docs/doi/Co...WaysToSave.pdf
Reply With Quote Quick reply to this message
 
Old 01-09-2008, 03:27 PM
Member
 
Join Date: Jul 2007
22 posts, read 21,989 times
Reputation: 16
doublea21 is on a distinguished road
In MA its not age but time that you have your license. The rate decrease happens at 25 or 6 years driving experience, whichever comes first.
Reply With Quote Quick reply to this message
 
Old 01-12-2008, 07:43 AM
Senior Member
Status: "Let's Go Red Sox" (set 10 days ago)
 
Join Date: Jul 2007
Location: Marietta, GA
2,853 posts, read 1,231,517 times
Reputation: 833
neil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to behold
Quote:
Originally Posted by smarty View Post
I don't understand how good drivers subsidize bad ones when driving history affects your rate.
Do some research. Google is your friend. At a high level, the issue is that MA requires all insurance companies to share the high risk pool. Who do you think pays that additional premium, you and I, the "good drivers". In most states, people with really bad driving histories (or who live in high theft areas) would be cancelled or charged VERY high rates. MA does not allow cancellation for driving record and keeps the rates down in the name of "protecting the consumer", but what happens is that people with good driving records outside of Boston, Worcester, Springfield end up paying higher rates to make up the difference. Why do you think that most insurance companies moved out of MA years ago and refuse to sell policies?

Here is one good explanation of the problem:

Squaring The Boston Globe: Missing It in Massachusetts – Our Socialized Auto Insurance System
Reply With Quote Quick reply to this message
 
Old 01-13-2008, 05:45 PM
lost in space
 
Join Date: Jul 2007
Location: Portland, ME.
3,518 posts, read 2,046,999 times
Reputation: 1175
K-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud ofK-Luv has much to be proud of
A 22 year old male is going to have higher insurance where-ever he lives.
Reply With Quote Quick reply to this message
 
Old 01-13-2008, 06:20 PM
Senior Member
Status: "Let's Go Red Sox" (set 10 days ago)
 
Join Date: Jul 2007
Location: Marietta, GA
2,853 posts, read 1,231,517 times
Reputation: 833
neil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to beholdneil0311 is a splendid one to behold
Quote:
Originally Posted by K-Luv View Post
A 22 year old male is going to have higher insurance where-ever he lives.
Probably true, but in MA, once you've had a license for 6 years, everyone is considered the same. In most states, statistical differences and relative risk is considered for things such as age, sex, marital status, credit rating (are you responsible?), etc. In MA, none of those things can be considered.
Reply With Quote Quick reply to this message
 
Old 01-13-2008, 06:38 PM
Senior Member
 
Join Date: Jul 2006
641 posts, read 380,538 times
Reputation: 120
Stockholmaren will become famous soon enoughStockholmaren will become famous soon enoughStockholmaren will become famous soon enough
Quote:
Originally Posted by neil0311 View Post
Probably true, but in MA, once you've had a license for 6 years, everyone is considered the same. In most states, statistical differences and relative risk is considered for things such as age, sex, marital status, credit rating (are you responsible?), etc. In MA, none of those things can be considered.
I think it's a very thing that those things don't are taken into account. I wouldn't want to be grouped with others based on marital status for example. I understand that in general people who are married are less risky, but that may not necessarily be the case for me personally. Since this is a question of driving ability, it should come down to your driving record.
Furthermore, I think people shouldn't have their car insurance canceled. I wouldn't want to be in an accident with someone who doesn't have car insurance, and even if there may be somewhat of subsidy, it's not outrageous in my opinion.
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.



Reply


Quick Reply
Message:

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Similar Threads

Forum Jump

Go Back   City-Data Forum > U.S. Forums > Massachusetts > Boston

All times are GMT -6. The time now is 08:57 PM.

Copyright © 2005-2009, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11 - Top