Candace Baker, Car Insurance Writer
@candacebaker
Amica is so expensive because of agent commissions and rising costs overall for insurance companies. At $762 per year, the average Amica car insurance policy is more expensive than the national average of $671 per year for a policy with minimum coverage.
Amica insurance is even more expensive for drivers with certain characteristics, including young drivers and drivers who have recently caused an accident. For example, teenagers pay an average of $2,959 per year for Amica insurance, compared to $766 per year for older drivers. Additionally, drivers who have recently had an at-fault accident pay an average of $1,323 per year for Amica coverage, which is 74% more than drivers with a clean record.
Factors That Can Make Amica Insurance More Expensive
- Commissions for agents
- Rising costs overall for insurance companies
- Being a young or inexperienced driver
- Purchasing a full coverage policy versus minimum coverage
- Causing an accident or being convicted of a moving violation
- Living in a high-risk ZIP code
- Driving an expensive vehicle
- Having a poor credit-based insurance score
If you're having trouble affording your Amica policy, there are ways for you to lower your premium. For example, you can take advantage of Amica discounts or reduce your coverage.
In some cases, it might be better to switch insurers altogether. It's usually a good idea to compare quotes from at least three different insurers to see if you can find a better deal elsewhere. Each insurer uses its own algorithm to calculate premiums, so even if Amica is charging you a high premium, you may be able to find a cheaper policy with another insurance company.
To learn more, check out WalletHub's Amica insurance review.
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