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Bankrate takes a close look at minimum requirements for car insurance in each state. ... Massachusetts. 20/40/5. 20/40 UM $8,000 PIP. ... Minimum self-insurance requirements. California.
In Massachusetts, adhering to state car insurance laws is a legal necessity for all drivers. These laws mandate a minimum level of coverage, ensuring both compliance with the law and some degree ...
Until 1956, when the New York legislature passed their compulsory insurance law, Massachusetts was the only state in the U.S. that required drivers to get insurance before registration. North Carolina followed suit in 1957 and then in the 1960s and 1970s numerous other states passed similar compulsory insurance laws.
For the first time in over five decades California is increasing its minimum auto insurance requirements this year, but the change isn't expected to burn a hole in every driver's wallet. In 2022 ...
In 1850, New Hampshire was the first state to appoint an insurance commissioner. In 1852, Massachusetts appointed a commission, and California, Connecticut, Indiana, Missouri, New York, and Vermont established a separate insurance department or vested the power to regulate insurance in an existing agency.
This law was passed in advance of a binding ballot initiative referendum which appeared on Massachusetts's statewide ballot also on November 6. The measure passed with 86% voter support. [1] Because there were now two different laws in effect, the Massachusetts legislature enacted a bill, H. 3757 to reconcile the two laws.
If you have a limited budget, it’s usually a better idea to obtain the minimum amount of insurance required by law. The average cost of car insurance in Massachusetts is $1,683 per year for full ...
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related to: massachusetts auto insurance law in california state