Massachusetts Governor Maura Healey lately signed laws growing the minimal protection limits of auto insurance coverage for some necessary coverages.
These new limits will apply to insurance policies issued or renewed on or after July 1, 2025:
- Bodily Damage Protection increases from $20,000 per individual/$40,000 per accident to $25,000 per individual/$50,000 per accident
- Property Harm Protection will increase from $5,000 to $30,000
The bounds for the opposite necessary coverages stay unchanged at:
- Uninsured Motorist Bodily Damage Protection (UM): $20,000 per individual, $40,000 per accident
- Private damage Safety (PIP): $8,000 per individual, per accident
In accordance with an evaluation by MarketWatch, the common price of full protection within the state has elevated by 8% since 2023. The typical price of minimal protection within the state was practically the identical in 2024 as in 2023. The typical annual price of minimal legal responsibility automobile insurance coverage in Massachusetts is $759, which is about 13% cheaper than the nationwide common of $869. Full protection prices $2,620 per yr on common, which is about 2% under the nationwide common of $2,681 per yr, MarketWatch studies.
Matters
Auto
Massachusetts
Was this text helpful?
Listed below are extra articles it’s possible you’ll take pleasure in.
Thinking about Auto?
Get computerized alerts for this subject.
