Cheapest Car Insurance In Maine For 2024
USAA is well known for offering affordable car insurance in Maine, however, if you’re not a military veteran then GEICO offer cheap policies.
If you’re on the hunt for affordable car insurance in Maine, USAA is the best budget friendly option. Finding the cheapest rates while ensuring adequate coverage is crucial for drivers. With various insurers offering different premiums and policies, navigating the options can be daunting.
Having spent over ten years diving into the details of auto insurance policies, I’ve condensed our discoveries to help you navigate this complex market. My analysis goes beyond the surface, thoroughly assessing dozens of leading car insurance companies based on various factors to provide you with essential information.
This guide aims to shed light on how to find the cheapest car insurance in Maine without compromising on quality or coverage. Whether you’re a new driver or a long-time resident, understanding the factors that influence insurance costs and exploring available discounts can help you secure the best deal for your needs.
Cheapest Car Insurance Companies In Maine
Our Methodology
In conducting my research, I employed a systematic approach to evaluate car insurance providers. I began by gathering information from multiple sources, including customer reviews, product options, and pricing details. I then conducted a thorough assessment of various online review sites to gather insights into user experiences. This comprehensive methodology allowed me to analyze each aspect of car insurance companies and provide a well-rounded perspective on their offerings.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest Car Insurance In Maine For Minimum Coverage
USAA has the cheapest rates for minimum coverage car insurance in Maine, offering average monthly rates at $22.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $22 | $261 |
| GEICO | $24 | $286 |
| Vermont Mutual | $25 | $300 |
| MMG | $26 | $312 |
| Electric | $26 | $314 |
In Maine, the basic car insurance usually involves liability coverage, addressing bodily injury and property damage liabilities. Although Personal Injury Protection (PIP) isn’t mandatory in Maine, drivers have the option to buy it separately for extra security.
The limitations of minimum coverage in Maine mainly concern the extent of protection offered. While it satisfies state regulations, minimum coverage may not cover all costs in an accident, leaving drivers susceptible to additional expenses, especially for serious injuries or significant property damage.
For example, it doesn’t cover collision or comprehensive insurance, so if your car gets damaged in an accident, stolen, or affected by natural disasters, you won’t be compensated. Hence, drivers need to assess their own situations, their comfort level with risk, and whether they need more coverage than the state’s minimum requirements to stay safe on the road.
Cheapest Car Insurance In Maine For Full Coverage
USAA has the cheapest rates for full coverage car insurance in Maine, offering average monthly rates at $151.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $80 | $960 |
| GEICO | $82 | $985 |
| Vermont Mutual | $94 | $1,130 |
| MMG | $95 | $1,141 |
| Countryway | $102 | $1,223 |
Full coverage car insurance offers broader protection compared to minimum coverage, making it a popular choice among drivers. It typically includes both comprehensive and collision coverage, providing a comprehensive safety net. Comprehensive insurance covers non-collision incidents like theft and natural disasters, while collision coverage pays for damages from accidents, regardless of fault.
This dual-layered approach ensures protection in various scenarios, making it ideal for newer or high-value vehicles needing costly repairs. Although full coverage is more expensive than minimum coverage, it offers significant protection, making it essential for safeguarding valuable investments.
Cheapest Car Insurance In Maine For Drivers With Poor Credit
MMG has the cheapest rates for drivers with poor credit in Maine, offering average monthly rates at $121.
| Provider | Average Monthly Cost | Average Annual Cost |
| MMG | $121 | $1,452 |
| Concord | $122 | $1,464 |
| Travelers | $132 | $1,584 |
| GEICO | $159 | $1,908 |
| Progressive | $189 | $2,268 |
Your credit score significantly influences how much you pay for car insurance. Insurers see lower scores as a sign of higher risk, leading to higher premiums. This means folks with poor credit often face pricier insurance. Insurers use credit scores to gauge responsibility and reliability, not just driving history.
However, some companies offer better rates for those with less-than-perfect credit. They look at other factors like driving history, location, and car type. It’s smart for drivers with poor credit to compare quotes from these insurers for better deals.
Cheapest Car Insurance In Maine For Seniors
Travelers has the cheapest rates for seniors in Maine, offering average monthly rates at $47.
| Provider | Average Monthly Cost | Average Annual Cost |
| Travelers | $47 | $567 |
| Vermont Mutual | $48 | $577 |
| Concord Group | $49 | $588 |
| GEICO | $57 | $686 |
| Progressive | $63 | $758 |
Car insurance for seniors in Maine offers several benefits tailored to their needs. Firstly, many insurance companies recognize seniors’ years of driving experience and offer them discounts based on their age and driving record. This can result in lower premiums compared to younger drivers.
Additionally, some insurers provide specialized coverage options that cater to seniors’ unique needs, such as roadside assistance and coverage for medical expenses resulting from accidents. Moreover, seniors may also have the option to customize their policies to include features like accident forgiveness and extended coverage for rental cars.
Cheapest Car Insurance In Maine For Young Drivers
In Maine, young adults often pay less for car insurance than teenagers. This is because as drivers get older, they tend to drive more responsibly and take fewer risks. Statistics show that young adults are less likely to make insurance claims, which means insurance companies charge them lower premiums. This is because they are seen as safer drivers with fewer accidents.
Cheapest Maine Car Insurance For 16-Year-Olds
Auto-Owners has the cheapest rates for 16-year-olds, with an average monthly premium of $118.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $118 | $1,421 |
| GEICO | $187 | $2,241 |
| USAA | $201 | $2,406 |
| MMG | $221 | $2,657 |
| State Farm | $231 | $2,771 |
Cheapest Maine Car Insurance For 17-Year-Olds
Auto-Owners has the cheapest rates for 17 year-olds, with an average premium of $98.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $98 | $1,181 |
| USAA | $127 | $1,528 |
| GEICO | $176 | $2,106 |
| State Farm | $178 | $2,136 |
| Travelers | $180 | $2,157 |
Cheapest Maine Car Insurance For 18-Year-Olds
USAA has the cheapest rates for 18 year-olds, with an average monthly premium of $70.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $70 | $837 |
| Auto-Owners | $78 | $940 |
| GEICO | $96 | $1,150 |
| Travelers | $119 | $1,429 |
| State Farm | $120 | $1,438 |
Cheapest Maine Car Insurance For 21-Year-Olds
USAA has the cheapest rates for 21 year-olds, with an average monthly premium of $229.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $57 | $682 |
| Auto-Owners | $63 | $754 |
| GEICO | $73 | $875 |
| Travelers | $75 | $897 |
| State Farm | $84 | $1,010 |
Cheapest Car Insurance In Maine For Good Drivers
Drivers in Maine with clean records, meaning they have no accidents, traffic violations, or claims on their insurance history, often qualify for lower car insurance rates. Insurance companies consider these drivers to be low-risk because they have demonstrated responsible and safe driving behavior.
As a result, insurers are more willing to offer them more affordable premiums. Clean drivers may also be eligible for additional discounts or rewards for maintaining their clean record. Overall, having a clean driving history can lead to significant savings on car insurance premiums in Maine.
| Provider | Average Monthly Cost | Average Annual Cost |
| Vermont Mutual | $51 | $609 |
| Concord Group | $51 | $615 |
| Travelers | $54 | $644 |
| Geico | $58 | $693 |
| Progressive | $64 | $766 |
Cheapest Car Insurance In Maine For Drivers With Prior Incidents
Drivers in Maine with past incidents such as accidents, speeding tickets, or DUIs often face difficulties finding affordable car insurance. These incidents label them as high-risk customers for insurance companies, leading to higher premiums.
This is especially pronounced in Maine due to its higher rate of traffic incidents. Insurance companies justify this pricing strategy based on statistical analysis, which shows a correlation between past incidents and future claims likelihood.
Cheapest Car Insurance In Maine For Drivers With A Speeding Ticket
Auto-Owners has average premiums of $51, making it the cheapest option for drivers with a speeding ticket.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $51 | $616 |
| USAA | $62 | $747 |
| State Farm | $72 | $864 |
| GEICO | $82 | $981 |
| MMG | $99 | $1,188 |
Cheapest Car Insurance In Maine For Drivers With An At-Fault Accident
Auto-Owners has average premiums of $65, making it the cheapest option for drivers with an at-fault accident.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $65 | $779 |
| State Farm | $79 | $943 |
| USAA | $83 | $1,001 |
| GEICO | $84 | $1,006 |
| MMG | $102 | $1,219 |
Cheapest Car Insurance In Maine For Drivers After A DUI
State Farm has average premiums of $72, making it the cheapest option for drivers with a DUI on their record.
| Provider | Average Monthly Cost | Average Annual Cost |
| State Farm | $72 | $864 |
| Auto-Owners | $75 | $899 |
| Progressive | $101 | $1,216 |
| USAA | $111 | $1,334 |
| Travelers | $117 | $1,403 |
Average Cost Of Auto Insurance In Maine – By Age
| Age | Average Monthly Cost | Average Annual Cost |
| 16 | $317 | $3,801 |
| 17 | $279 | $3,342 |
| 18 | $249 | $2,990 |
| 19 | $207 | $2,485 |
| 21 | $146 | $1,756 |
| 25 | $96 | $1,150 |
| 35 | $84 | $1,009 |
| 45 | $79 | $950 |
| 55 | $76 | $907 |
| 65 | $75 | $898 |
| 75 | $76 | $916 |
Average Cost Of Car Insurance In Maine – By Gender & Marital Status
| Gender | Marital Status | Average Annual Cost |
| Female | Single | $1,000 |
| Male | Single | $1,100 |
| Female | Married | $950 |
| Male | Married | $1,050 |
Average Cost Of Auto Insurance In Maine – By Credit Tier
| Credit Tier | Average Monthly Cost | Average Annual Cost |
| Excellent | $59 | $704 |
| Good | $70 | $842 |
| Fair | $83 | $997 |
| Poor | $98 | $1,180 |
Cheapest Car Insurance In Maine By City
| City | Average Monthly Cost | Average Annual Cost |
| Biddeford | $73 | $874 |
| Saco | $75 | $898 |
| Scarborough | $75 | $904 |
| South Portland | $76 | $907 |
| Brunswick | $76 | $913 |
| Auburn | $79 | $947 |
Minimum Car Insurance Requirement In Maine
In Maine, the minimum car insurance requirements include liability coverage for bodily injury and property damage. The minimum limits are:
- $50,000 per person for bodily injury
- $100,000 per accident for bodily injury
- $25,000 per accident for property damage
Personal Injury Protection (PIP) coverage is not required in Maine. However, drivers can choose to purchase it separately for additional protection.
Alternatively, uninsured/underinsured motorist coverage (UM/UIM) is available as an option to protect against damages caused by drivers without adequate insurance coverage. It’s essential for drivers to consider their individual needs and risks when selecting their insurance coverage.
Car Insurance Discounts In Maine
As you shop for car insurance, it’s smart to look into insurers offering discounts customized to your needs. Plus, chatting with your insurance agent might uncover discounts you’re missing out on. Here’s a closer look at the typical discounts offered by leading car insurance companies:
- Multi-policy Discount: When you combine your car insurance with another policy, like homeowners or renters insurance, you can qualify for a discount.
- Safe Driver Discount: If you have a clean driving record without any accidents or traffic violations, many insurance companies offer a safe driver discount.
- Good Student Discount: Students who maintain good grades, typically a B average or higher, may qualify for a good student discount.
- Defensive Driving Course Discount: Completing a defensive driving course can demonstrate your commitment to safe driving practices.
- Anti-theft Device Discount: Installing anti-theft devices in your vehicle, such as alarms or tracking systems, can reduce the risk of theft. Insurance companies may offer discounts for these added security measures.
- Low Mileage Discount: If you drive fewer miles than the average driver, you may be eligible for a low mileage discount. This reflects the lower risk of accidents associated with less time spent on the road.
- Loyalty Discount: Some insurers offer discounts to policyholders who have been with the company for a certain period, rewarding customer loyalty with lower premiums.
- Pay-in-full Discount: Paying your premium in full upfront instead of in monthly installments can often lead to savings, as some insurers offer discounts for this payment method.
FAQs
How much is car insurance a month in Maine?
Car insurance costs in Maine vary depending on factors like age, driving record, and coverage levels, but the average monthly premium is around $100 to $200.
What is the minimum car insurance one must have in Maine?
The minimum car insurance required in Maine includes liability coverage for bodily injury and property damage. Personal Injury Protection (PIP) is also mandatory.
Which insurance is better in Maine?
The best insurance in Maine depends on individual needs and preferences. It’s essential to compare quotes from different insurers and consider factors like coverage options, customer service, and discounts offered.
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