Massachusetts Auto Insurance
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Massachusetts Auto Insurance Requirements
With a tort system, the insurer of the party found at fault pays those expenses. The No Fault system was designed to speed up claims processing by reducing the time-consuming and expensive process that’s usually involved in determining fault.
Massachusetts auto insurance law
Under Massachusetts law, drivers are required to carry four compulsory types of Massachusetts auto insurance coverage: Bodily Injury Liability, Property Damage Liability, Personal Injury Protection, and Uninsured/Underinsured Motorist coverage.
Massachusetts minimum liability limits
The minimum liability limits Massachusetts allows is 20/40/5 coverage meaning that, when minimums are chosen, up to $20,000 in medical, funeral, and pain and suffering expenses are covered per person, with a cap of $40,000 per accident. Up to $5,000 will be paid towards the cost of repairing or replacing any property damaged in the accident.
Personal Injury Protection
A minimum of $8,000 of Personal Injury Protection (PIP) coverage is also required under Massachusetts state law. This covers replacement services, a percentage of lost wages, and medical expenses not paid by a medical insurer (provided the expenses meet certain criteria).
Uninsured Motorist
The forth compulsory coverage is called Uninsured Motorist and the minimum limits Massachusetts allows is 20/40, or $20,000 per person/$40,000 per accident. This coverage goes into effect if you are injured in an accident involving a hit and run driver or a driver that does not have any auto insurance. It does not cover damage to property.
Increase your limits
If you stop and consider the ever-increasing costs of health care and vehicle repair, you may find these state required minimums too low to adequately protect you. That’s why many drivers choose to increase these limits; however doing so is strictly optional.
Replacement costs
If you want coverage for your car, you will have to purchase optional Comprehensive and Collision. After satisfying your chosen deductible, the insurance will pay the repair or replacement costs for any damage caused by a collision with another vehicle or roll-over. Comprehensive covers damage that was caused by reasons that are beyond your control; things like adverse weather, striking an animal, vandalism and theft.
Massachusetts Division of Insurance
Located in Boston, the Massachusetts Division of Insurance can be reached by phone at 617-973-8787 or by visiting www.mass.gov/doi.