Malden, MA Auto Insurance Rates, Quotes, Agents & Reviews
Zimlon, through its research, found that car owners in Malden, MA, can avail multiple discounts on car insurance by taking various factors into consideration. These factors are explored in detail by Zimlon in the analysis below.
Factors that can influence the cost of car insurance in Malden, MA are listed below. It is imperative to understand these factors in order to reduce the cost of car insurance. It is also essential to strike a balance between the cost of insurance and the coverage requirements.
- Malden, MA Auto Insurance Rates
- Malden, MA Auto Insurance for Different Deductible
- How the Age of Driver Affects Insurance Rates in Malden, MA
- Multi Vehicle Insurance Savings in Malden, MA
- How Credit Score Affects Car Insurance Rates in Malden, MA
- How DUI Affects Auto Insurance Premiums in Malden, MA
- How Driving Violations Affect Auto Insurance Rates in Malden, MA
- Malden, MA Auto Insurance Discounts on Anti Theft Feature
- Malden, MA Auto Insurance Company Reviews
Malden, MA Auto Insurance Rate Comparisons with Neighboring Locations | Back to Top
The following table compares the cost of insurance in Malden, MA with that of other cities in and around Malden.
| Malden | Melrose | Saugus | Medford | Somerville | Chelsea | |
|---|---|---|---|---|---|---|
| Average Insurance Rates | $1,311 | $1,349 | $1,312 | $1,342 | $1,234 | $1,292 |
Malden, MA Auto Insurance Rates vary Based on Deductibles in Neighboring Cities | Back to Top
The following table makes a comparison of the variation in car insurance rates in and around Malden, MA based on the change in deductibles. A higher deductible leads to a decrease in the cost of car insurance.
| Location | Low Deductible ($500) | High Deductible ($1000) |
|---|---|---|
| Malden | $1,851 | $1,563 |
| Everett | $1,918 | $1,620 |
| Melrose | $1,579 | $1,334 |
| Medford | $2,034 | $1,718 |
| Chelsea | $1,585 | $1,339 |
| Saugus | $1,458 | $1,232 |
| Revere | $2,133 | $1,802 |
| Somerville | $1,462 | $1,235 |
Malden, MA Auto Insurance Rates Based on the Age of the Driver | Back to Top
Teenagers in Malden, MA usually pay a much higher car insurance rate compared to the rest of the state as they are generally considered to be less responsible behind the wheel. Middle-aged drivers are likely to pay lower car insurance premiums if they are considered to be safer drivers by insurance companies.
| Age of Driver | Insurance Cost |
|---|---|
| Teens | $4,254 |
| 20 Years | $1,684 |
| 30 Years | $1,297 |
| 40 Years | $1,248 |
| 50 Years | $1,156 |
| 60 Years | $1,172 |
| 70 Years | $1,364 |
Malden, MA Car Insurance Discounts for Multi-Car Insurance | Back to Top
Car owners in Malden, MA can obtain discounts if they insure multiple vehicles with the same insurer. The average savings one can obtain are as follows:
| Number of Cars | Auto Insurance Cost | Total Savings |
|---|---|---|
| 2 Vehicles | $2,229 | $393 |
| 3 Vehicles | $3,343 | $590 |
| 4 Vehicles | $4,457 | $787 |
Savings on 2 Vehicles bundle:$393
Savings on 3 Vehicles bundle:$590
Savings on 4 Vehicles bundle:$787
Malden, MA Post- DUI Auto Insurance Rates | Back to Top
Driving Under Influence (DUI) can be an added burden on your wallet. The cost of auto insurance will go up post-DUI. The below graph does a comparison of auto insurance rates before and after DUI in and around Malden, MA.
| Location | Average Insurance Cost | Post DUI Insurance Rate |
|---|---|---|
| Malden | $1,311 | $2,374 |
| Everett | $1,310 | $2,372 |
| Melrose | $1,349 | $2,443 |
| Medford | $1,342 | $2,430 |
| Chelsea | $1,292 | $2,339 |
| Saugus | $1,312 | $2,376 |
| Revere | $1,301 | $2,356 |
| Somerville | $1,234 | $2,234 |
Malden, MA Auto Insurance Rates Based on Credit Score | Back to Top
Car insurance companies can use the Credit Score of car drivers to determine car insurance rates. Car drivers with good credit can avail of substantial discounts on car insurance rates.
| Credit Score | Insurance Cost |
|---|---|
| Exceptional (800-850) | $1,125 |
| Excellent (740-799) | $1,284 |
| Good (670-739) | $1,366 |
| Average (580-669) | $1,782 |
| Poor (300-579) | $2,138 |
Malden, MA Auto Insurance Rates can Increase Based on Driving Violations | Back to Top
Auto insurance rates tend to increase depending on the type and number of driving violations. The driving violations can stay on the record for a considerable amount of time leading to higher auto insurance rates. The severity of the driving violation and place of residence will determine how long the violation stays on record.
| Driving Violation | Cost Increase | Total Insurance Cost |
|---|---|---|
| Driving Without Headlights | +$58 | $1,369 |
| Driver's Failure In Showing Documents | +$127 | $1,438 |
| Driving With An Expired Registration | +$135 | $1,446 |
| Driving At A Considerably Slow Pace | +$284 | $1,595 |
| Using A Cellphone While Driving | +$300 | $1,611 |
| Running A Red Light | +$305 | $1,616 |
| Speeding | +$321 | $1,632 |
| Driving A Vehicle Without The Required Permission | +$408 | $1,719 |
| Driving With An Expired/Suspended License | +$884 | $2,195 |
Malden, MA Auto Insurance Rates Based on Anti-Theft Feature | Back to Top
Cars that are equipped with safety devices are less prone to thefts. As a result, auto insurance companies provide a considerable amount of discounts to vigilant car owners. The discounts vary depending on the type and number of safety devices installed.
| Anti Theft Feature | Insurance Cost |
|---|---|
| Audible Alarm | $1,259 |
| Active Disabling Device | $1,259 |
| Tracking Device | $1,232 |
| Passive Disabling Device | $1,219 |
Latest Auto Insurance Reviews in Malden, MA | Back to Top
State FarmI absolutely love State Farm for their Auto insurance. They respond quickly and they seem to actually care.They were very supportive and made a stressful situation seem less stressful.
The Hartfordthe premium has been less by about $400 than other companies which if you calculate the savings over a 13-year period, comes out to over $5000.
ProgressiveI would give this copany a five star rating, because the premium and deductible for this policy that I hold, is beyond any competition out there. You really have the ability to make it your own.
AllstateI would recommend Allstate Insurance as their staff is consistently courteous, professional, and easy to work with. I feel that this is important to have this in crisis situations.
State FarmOur policy offers insurance where we have NO deductible! We are covered for all sorts of scenarios and have roadside assistance and towing that allows us to feel confident that we can be helped wherever we may be.
State FarmMy insurance policies are bundled so my customer service review is the same as for my home insurance. They are a bit cold when it comes to customer service.
ProgressiveI recommend to my car company Progressive because it offers a policy and insurance for the vehicle, not that they have other companies, but for me it is one of the best options.
ProgressiveI have only had to deal with customer service for policy renewals and information updates. So far I am satisfied with their service. I have the option to speak face to face with someone in town.