Articles Tagged with Boston crash attorney

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Auto insurance in Massachusetts is not getting cheaper, so it may not be a great time to tell you to increase your UM/UIM coverage – but it’s important.car accident attorney

Here’s why: Auto insurance premiums have recently hit a national average of $1,427, according to The Washington Post. This is for a few different reasons, including catastrophic weather (which increases the number of crashes). However, as the Post reported, one’s college degree or credit score may actually have more bearing on how much your car insurance costs than your actual driving record, given the complex and often opaque formulas used by auto insurers. What this boils down to is that people who might really need insurance are going to either skimp on coverage, buying only the bare minimum required by law, or they aren’t going to buy any at all and take their chances getting caught.

The Insurance Information Institute reports that from 1992 to 2015, the estimated percentage of uninsured motorists nationally ranged somewhere between 16 percent and 13 percent. Florida had the highest rate of uninsured motorists (27 percent), while Massachusetts had one of the lowest (6.2 percent). Here, state law requires motorists carry a minimum:

  • $20,000 per individual in bodily injury liability and property damage
  • $40,000 per crash for bodily injury liability and property damage
  • $5,000 in personal injury protection (PIP) benefits

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