Car insurance in Massachusetts had been highly regulated for over 20 years prior to the change to "managed competition" in April 2008. Now instead of car insurance rates being set by state regulators, the managed competition system allows insurance companies to offer their own rates (with approval by Massachusetts Dept of Insurance), discounts and other products. What this means for drivers is more insurance companies competing for their business which could translate to potential savings. Drivers in NEW BEDFORD, MA and other cities across Massachusetts now have 31 companies to choose from, up from 19 prior to the new system. According to Massachusetts Dept of Insurance, drivers have saved almost $500 million over the past years. So, make sure you do your research and shop around to get the best car insurance rates in NEW BEDFORD. To help you in your research, below are example car insurance rates for NEW BEDFORD based on the data from the Massachusetts Department of Insurance. Select a Policy from the list of 7 examples that best describes your circumstance (the example policy is currently set to "2 Vehicles and 2 Operators Licensed 12 and 14 years" of driving experience. Once you select an example policy, select a vehicle option that comes closest to the car(s) you own or will have (currently Vehicle is set to "2005 Nissan Altima and 2008 Ford Explorer XLT 4x4"). Once you select an example Policy and Vehicle, you will see example annual premiums from each auto insurance company and be able to compare the rates in NEW BEDFORD across the companies. Keep in mind, these are NOT ACTUAL annual premiums you will pay; rather, they are example auto insurance rates from insurance carriers specific to the example policy and vehicles and demonstrate the range of prices you can expect to find when you actually shop around. Your actual annual premium may differ significantly from these car insurance premiums for NEW BEDFORD based on your specific driving record, discount eligility and choice of coverage.
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NOTE: The insurance rates and information above come from the Massachusetts Department of Insurance. It is provided for comparison purposes only. Even though these are real rates, rates vary considerably depending on the circumstances. Please select a city, vehicle and coverage policy that is comparable to your own. Please refer to the Masschusetts Department of Insurance website for further information.
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