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You know how a Maine black bear mom protects her cubs when they’re in danger? Car insurance can protect you the same way. All you need to know is how much of it to buy to keep you safe, how much you need to obey Maine’s laws, and ways you can save money. Either take a look at our easy guide below or call an agent at [mapi-phone /] so they can tell you all about it themselves.
What are Maine’s car insurance requirements?
Remember these two things: you need liability insurance AND uninsured motorist coverage. Pair that with the knowledge of these minimums and you’ll be in good standing with auto insurance laws in Maine:
- $50,000 for bodily injury liability and uninsured motorist coverage, per person per accident
- $100,000 for bodily injury liability and uninsured motorist coverage, total per accident
- $25,000 for property damage liability per accident
- $2,000 in medical payments coverage to help you pay for any accident-related medical expenses, regardless of who is at-fault
Are there any additional car insurance coverages in Maine?
Thinking about those harsh winters or last year’s run-in with a moose and whether you should get more car insurance or not? Good news is, you can usually add substantially more without spending the equivalent. Consider including these additional coverages on your policy to save yourself money and a headache in the long run.
Collision Coverage – If you hit another car or object—such as a moose—collision coverage is there to help cover repairs.
Comprehensive Coverage – Take collision coverage and add on damage caused by vandals, fire, weather, and more.
Towing and Labor Coverage – Break down in a blizzard last year or get hit by someone? Your towing and labor coverage can help pay for the tow truck.
What are the average car insurance premiums in Maine?
The only way to know you’re getting the cheapest car insurance is to shop around. We can help you get started with our cheapest insurance in Maine buyers guide, but here is a quick snapshot of the average prices for the cheapest insurance companies according to our research:
| Average Annual Rates | |
|---|---|
| Travelers | $932.65 |
| Allstate | $966.35 |
| Geico | $1,223.85 |
| Onebeacon | $1,345.35 |
| Liberty Mutual | $1,504.30 |
Read more: Maine Cheapest Car Insurance
Rates fluctuate yearly. That’s why shopping around can help you save. A good rule of thumb is to get quotes from at least three different companies so you can compare your quoted premiums.
How do insurance companies know how much to charge you?
The rate you’re quoted when insurance shopping is based on your “risk factor.” Insurance companies take into consideration a number of details about your driving history and personal profile in order to determine if you are high or low-risk. Expect to be asked about:
- Your car’s year, make, and model
- Address
- Age
- Gender
- Driving record
- Credit History
- Types of anti-theft devices installed on vehicle
The better of a driver you are, the less your insurance will most likely be, so keep a clean record to help keep premiums low.
How can you save money on car insurance rates in Maine?
Saving money makes everyone happy. When we can help you do it, it’s a win-win. Here are discounts you should see if you qualify for when you are shopping around:
- Good Driver Discount
- Good Student Discount
- Safety Discount
- Multi-Car Discount
- Homeowners Discount
- Safety Device Discount
Did You Know?
Risk and rates go hand-in-hand. In the case of driving a vehicle that’s stolen more often than others, you’ll see that reflected in your rates. The top stolen cars in Maine are?*:
- Ford Pickup (Full Size).
- GMC Pickup (Full Size).
- Chevrolet Pickup (Full Size).
- Jeep Cherokee/Grand Cherokee.
- Ford Focus.
- Honda Civic.
- Dodge Caravan.
- Subaru Legacy.
- Ford Taurus.
- Dodge Pickup (Full Size)
*According to www.nicb.org
Is there anyone who can help me find the best car insurance quote?
Before making any final decisions on your insurance company, it is important to learn as much as you can about your local insurance providers, and the coverages they offer. Call your local insurance agent to clear up any questions that you might have. Questions to consider asking include, “What is the best coverage plan for me/my family/my situation?” “What are the minimum coverage requirements in my state and what form of coverage do you recommend?” “Do you guys offer any bundle discounts if I take out both my auto insurance and home insurance with you?” and “What is the average rate of insurance quotes you guys offer?
Before making any big insurance decisions, use our free tool to compare insurance quotes near you. It’s simple, just plug in your zip code and we’ll do the rest!
Still not sure where to start? Licensed experts who understand Maine’s auto insurance policies exist so you don’t have to. Give them a call at [mapi-phone /] see how helpful and easy insurance shopping can be.
Additional Resources for Maine Drivers