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 Harm Protection increases from $20,000 per particular person/$40,000 per accident to $25,000 per particular person/$50,000 per accident
- Property Injury Protection will increase from $5,000 to $30,000
The boundaries for the opposite necessary coverages stay unchanged at:
- Uninsured Motorist Bodily Harm Protection (UM): $20,000 per particular person, $40,000 per accident
- Private damage Safety (PIP): $8,000 per particular person, per accident
Based on an evaluation by MarketWatch, the typical price of full protection within the state has elevated by 8% since 2023. The common price of minimal protection within the state was almost the identical in 2024 as in 2023. The common annual price of minimal legal responsibility automotive 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% beneath the nationwide common of $2,681 per yr, MarketWatch reviews.
Subjects
Auto
Massachusetts
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