Located conveniently close to Boston, but with a less urban feel and plenty of culture, Cambridge, Mass is a highly desirable place to live. Crime rates are relatively low, the abundance of college students means lots of good food and entertainment, and the fall and winter weather makes for great New England scenery. But while each of these factors impacts quality of life, they also impact car insurance rates. Cambridge car insurance rates are affected by population density, demographics, crime rates and even weather. Since insurance companies base rates on perceived risk, any factors that increase risk of accident or theft are likely to increase Cambridge car insurance quotes.
Cambridge has old roots, dating back to the 1600's. The city emerged as an industrial city alongside Boston, and the city maintained a fairly diverse socioeconomic mix until the latter part of the last century, when high tech replaced much of the manufacturing base. Today the city is known for its intellectual and cultural heritage, thanks in part to containing both Harvard University and MIT.
Cambridge is Massachusetts' fourth most populous city, according to the 2000 US Census, with a little over 100,000 residents. Spread over a city area of about six and a half miles, the population density in Cambridge is 15,942 persons per square mile. According to the City of Cambridge, of these, about twenty-five percent are college students. The presence of two major colleges drives up the number of young adult drivers on the road, a fact that insurance companies are likely to weigh as a risk when evaluating premium rates. Despite the density and urban periphery, the auto theft rates in Cambridge are quite low. According to the City of Cambridge, in 2009 they had only 244, the same as the year prior.
The worst cars to own in Cambridge would be a Honda Civic, Toyota Camry, Honda Accord, Accura Integra and Dodge Caravan, as these are the top five models stolen. Overall, Cambridge auto insurance quotes should reflect the relatively low theft rates. Lastly, the weather in Cambridge is typical too much of Coastal New England. The winters are relatively harsh, with the long snow season a contributor to auto accidents and repairs.
Cambridge has much to offer its residents, however those planning a move should take into consideration the impact of Cambridge car insurance. While a relatively low risk level exists for theft, the high population density and presence of young drivers, as well as the precarious conditions in the winter are likely to increase the risk perception of Cambridge, and increase Cambridge car insurance quotes. To get an idea on Cambridge auto insurance quotes, enter your zip code on this page.