Cheapest and Best Car Insurance in Lowell, MA (2024)

The optimal car insurance in Lowell varies by coverage and driver profile. For full and minimum coverage, State Farm offers the lowest rates. Families with teens also find State Farm most affordable.

The top company for customer service is Safety Group, which also represents the best overall, providing great value in both price and service. The right choice for you should align with your specific coverage needs and preferences.

State Farm is the cheapest option in Lowell for minimum coverage car insurance.

• State Farm: $286 per year
• Plymouth Rock Assurance: $311 per year

The most expensive policy is offered by Progressive at $913 annually, which underscores the importance of shopping around for car insurance. The price gap between the most affordable and the most costly is $627, highlighting the significant savings that diligent research can yield for consumers.

State Minimum Liability Requirements

Across Massachusetts, from Boston to Lowell, the state law prescribes the baseline for car insurance coverage:

• $20,000 bodily injury per person
  
• $40,000 bodily injury per accident
  
• $5,000 property damage liability per accident
  
• $20,000 uninsured motorist bodily injury per person
  
• $40,000 uninsured motorist bodily injury per accident
  
• $8,000 personal injury protection (PIP) per accident
  

Take, for example, a minimum coverage policy concerning bodily injury liability: If you're responsible for an accident, the insurance will cover up to $20,000 for injuries per person, but no more than $40,000 per accident. Should actual damages exceed these limits, any additional amount would come out of your pocket. Remember, these are just the legal minimums— savvy drivers might consider higher limits for greater protection.

State Farm offers the lowest annual rates for the cheapest full coverage car insurance in Lowell, making it the go-to option for cost-conscious consumers.

• State Farm: $583 per year
• Plymouth Rock Assurance: $750 per year

Travelers presents the most expensive full coverage policy in Lowell at $1,919 annually, a stark difference of $1,336 compared with State Farm, highlighting the significance of comparing rates for full coverage policies, which generally cost more than minimum coverage policies due to the broad protection they provide.

Do You Need Full Coverage in Massachusetts?

A full coverage policy includes coverage for damage to your own vehicle in the form of comprehensive and collision coverages. It usually also includes increased liability limits.

• Collision Insurance: This provides coverage for your vehicle in the event of a collision, whether with another vehicle or a stationary object like a tree or light pole. It also covers rollover accidents and pothole damage.

• Comprehensive Insurance: This coverage insures your vehicle against various types of damage not caused by collisions, including theft, vandalism, fires, natural disasters and being struck by an animal like a deer.

If you have a new vehicle, it's wise to opt for full coverage insurance for more robust financial protection. If you're leasing or have a car loan, you are typically required to carry full coverage insurance.

On the other hand, owners of older vehicles may find that the extra cost — which can amount to several hundred dollars more per year — is not justified by the value of the vehicle. When deciding how much car insurance coverage you need, consider your ideal balance: more extensive coverage comes with higher premiums, but getting less coverage means you may pay more out of pocket if you need to file a claim.

For the cheapest company for drivers with a poor driving record with a full coverage policy in Lowell, State Farm typically offers the most affordable rates for various driving incidents.

• Speeding Ticket: State Farm ($665 per year)
• At-fault accident: State Farm ($881 per year)
• DUI: State Farm ($1,048 per year)

For drivers in Lowell, State Farm consistently provides the lowest annual premiums across the board, from speeding tickets to more severe offenses like DUIs. On the opposite end, companies like Allstate and Travelers present some of the highest rates for these incidents. The severity of driving offenses can significantly impact car insurance rates.

In cities like Lowell, insurance rates usually escalate with the severity of a driving violation due to the heightened risk insurers face. For instance, drivers in Lowell with a speeding ticket could pay an average annual premium of approximately $1,587, while those with a DUI might face near $2,284 — an almost $700 difference. This significant variance underscores the importance for individuals with driving offenses to meticulously compare insurance rates to ensure they're receiving the most cost-effective coverage.

State Farm offers the cheapest full coverage car insurance for teens in Lowell. Here are the top contenders:

• State Farm: $1,198 per year for female and male teens
• Progressive: $1,343 per year for female and male teens

These rates are for the combined policy of two parents and a teenager in Lowell. Allstate stands as the most expensive option for insuring teen drivers, with their policy costing $3,080 annually for female and male teens. The significant annual difference of $1,882 between the cheapest and the most expensive demonstrates the importance of comparison shopping, especially considering the higher risk associated with insuring teen drivers.

In Lowell, as in many cities, teenagers seeking car insurance face a stark choice in costs: secure a policy independently, paying an eye-watering average annual premium of $4,193, or join a family plan which dramatically reduces the average premium to approximately $2,341. The disparity in premiums is because insurers see teenagers as high-risk drivers due to their lack of experience behind the wheel.

Consequently, teens may find it challenging to gain approval for individual policies without an established driving record, further incentivizing them to leverage the savings and increased acceptance rates available through a joint family insurance plan. When guiding teens and their families on insurance matters, these cost dynamics and approval probabilities must be front and center in their decision-making process.

State Farm is the cheapest option for full coverage car insurance for military backgrounds in Lowell. If you're looking for the most affordable rates, consider these providers:

• State Farm: $583 per year
• Plymouth Rock Assurance: $750 per year

Though not the cheapest, USAA is ranked seventh with an annual rate of $1,239. However, USAA is renowned for its services that are specifically tailored to meet the needs of active-duty military members. If you're eligible for USAA's exclusive services, their slightly higher prices may be well worth considering for the specialized coverage and benefits they offer.

In Lowell, comparing car insurance rates is a key strategy for cost savings. However, the process is often cumbersome, potentially requiring over an hour to examine rates from three or more companies.

MoneyGeek's car insurance calculator can help you streamline this process. By inputting details like age, driving history, credit score and preferred coverage, you can instantly receive rate estimates.

When looking for the best auto insurance, you'll want to weigh factors like service, cost, and coverage. MoneyGeek's tailored research, using specific scoring systems for each category, provides insight into Lowell's leading insurers:

• Best Overall: Safety Group (MoneyGeek score 82 out of 100)
• Best for Service: Safety Group (MoneyGeek score 85 out of 100)
• Best Cheap: Safety Group (MoneyGeek score 86 out of 100)

Safety Group stands out in Lowell for delivering the best value, top-notch service, and affordability. It maintains a balance between cost-effectiveness and service quality, proving to be the superior choice across all categories for Lowell residents.

Safety Group provides the best best car insurance in Lowell, offering top-tier protection and service. Here are the top two providers according to MoneyGeek's rigorous evaluation:

• Safety Group: MoneyGeek score of 82 out of 100 ($1,108 per year)
• Chubb: MoneyGeek score of 81 out of 100 ($1,199 per year)

Safety Group has high customer satisfaction and affordability, making it a superior choice for a full coverage policy.

Safety Group is the best option in Lowell for those prioritizing customer service in their car insurance selection. This ranking is based on high satisfaction levels, claims handling and coverages, not taking rates into consideration.

• Safety Group: MoneyGeek score of 85 out of 100 ($1108 per year)
• Amica Mutual: MoneyGeek score of 84 out of 100 ($1332 per year)

Safety Group distinguishes itself as the top provider primarily due to its exceptional customer satisfaction and claims processing scores. These elements significantly contribute to its leading MoneyGeek score, assuring policyholders of a commendable service experience.

Safety Group is the best option in Lowell for consumers seeking affordable car insurance without sacrificing the quality of service. This company leads with a strong emphasis on cost-effectiveness combined with competent claims handling and customer satisfaction.

• Safety Group: MoneyGeek score of 86 out of 100 ($385 per year)
• Chubb: MoneyGeek score of 85 out of 100 ($438 per year)

Safety Group excels in delivering not only low-cost insurance options but also in maintaining satisfactory client relations and claims processes.

In Lowell, Massachusetts, the average cost of car insurance is $1,206. This average falls $136 below the average car insurance cost in Massachusetts, which stands at $1,342. In comparison, the Massachusetts state average comes in at $439 less than the national car insurance cost of $1,781, showing a distinct variation based on geographic location.

Car insurance premiums are influenced by numerous factors, and while location is a crucial determinant, it's not the only one. Insurers take location seriously because it can imply different levels of traffic density, risk of accidents and the likelihood of theft or vandalism. Cambridge offers the cheapest car insurance at $1,060, while Boston has the most expensive at $1,828, signifying a considerable discrepancy of $768. This variance exemplifies the impact of location — even within the same state — and suggests that in more rural areas with less traffic, rates could potentially be even lower.