State law requires that motorists have a minimal level of insurance policy in Uninsured Motorist Bodily Injury Liability : Bodily Injury Liability, Property Damage Liability, four distinct areas, and eventually Personal Injury Protection. Let us take a fast look at all of these.
Bodily Injury Liability insurance basically covers you for any harm that’s triggered to others in a *car accident. This extends to rehabilitation expenses, medical treatment expenses, lost wages and such.
Property Damage Liability insurance covers you for any damage that’s done to another person’s property, whether it is their automobile, their fence, or perhaps a city lamp post. This really is considered somewhat low – a crash will cause considerably more than this amount in body work only – and if they could manage it motorists may need to think about obtaining a higher amount.
Uninsured Motorist Bodily Injury Liability covers bodily injuries to you as well as your passengers in case you are in an accident with somebody who does not have motor vehicle insurance. Again, this pays other related costs and medical treatment costs coming from injuries. The minimums are the same $20,000 per individual, per accident
and $40,000 for all events in one accident.
Personal Injury Protection insurance is coverage that covers you and those in your car in case of an injury where no one is to blame. For example, in case you by chance swerve to avoid a deer and find yourself in a crash, PIP insurance will cover the expenses related to your injuries. The minimum required coverage is $8,000 per individual, per injury. It is worth noting that Massachusetts motorists have a watchful state government to thank for decreasing vehicle insurance rates in the last couple of years. In 2008, the government of Governor Patrick and State President Murray worked to get “managed competition” car insurance installed to make certain that motorists could pick from a wider variety of vehicle insurance providers and insurance packages.
Average insurance rates in Massachusetts are regarded as pretty reasonable. Motorists can get to spend a *small over $1100 per year for car insurance, which calculates to approximately $96 per month. Because of incomes which are largely higher than average in comparison to the remainder of the state, Massachusetts really ranks first for auto insurance affordability in the state, with only 2.5% of the typical household income devoted to auto insurance.
In reference to traffic accident fatalities and crash data, Massachusetts motorists have been significantly enhancing and have a lot to be happy with. Compare this to the numbers in 860 crashes, 2006 – 149 and 429 fatalities – and it is obvious that driving is growing much safer in the state. This really is probably due to both increased motorist care, and much more rigorous enforcement of driving laws and policing of highways and roads.
Automobile theft rates also have found an amazing drop in the previous decade in every area throughout the state. In 2009 there was 11,735 examples of grand theft auto reported, which is fairly low considering 2001 found 27,828 vehicle thefts. It is a fall of almost 60 percent in just under a decade, which really is really a remarkable turn around from how things were going. Again, it is probably due to increased law enforcement, better utilization of antitheft devices by vehicle owners, and harsher penalties for individuals who participate in automobile theft.