Cheapest Car Insurance In Maine For 2024
Vermont Mutual is renowned for its trustworthy and competitively priced minimum coverage auto insurance in Maine, at $22 per month.
We’ve saved shoppers an average of $600 per year on their car insurance.
Affordable car insurance might seem elusive in Maine, but it’s easier to find than it seems. Vermont Mutual is a recognized insurer, offering competitive rates and a range of coverage levels to meet various needs. As the cost of living continues to increase, securing the right insurance at an affordable price is essential.
Whether you’re new to the road, a frequent driver, or a family looking to reduce costs, understanding the factors that influence rates and knowing where to look for deals can be crucial. Drawing on a decade of research, I’ve developed this guide to help you make informed choices about car insurance in Maine.
Cheapest Car Insurance Companies In Maine
Our Methodology
In my study, I adopted a systematic method to collect and analyze information about different car insurance providers and their policies. Initially, I identified essential aspects to evaluate, such as coverage options, pricing, customer satisfaction, and financial stability. Then, I collected data from reliable sources like insurance company websites, consumer reviews, and industry reports. Once gathered, I categorized the data and evaluated each insurer based on specific criteria. This involved comparing coverage options, premium rates, discounts offered, and customer feedback to determine the strengths and weaknesses of each provider.
Quotes Analyzed
Years Of Industry Experience
Brands Reviewed
Research Hours
Cheapest Car Insurance In Maine For Full Coverage
Choosing Concord for full coverage car insurance in Maine means enjoying low monthly premiums, typically around $80.
| Provider | Average Monthly Cost | Average Annual Cost |
| Concord | $80 | $960 |
| GEICO | $82 | $985 |
| Travelers | $94 | $1,130 |
| MMG | $95 | $1,141 |
| Progressive | $102 | $1,223 |
Maine motorists have the choice of selecting full coverage car insurance, which exceeds the state’s minimum liability insurance requirements. This comprehensive option includes collision coverage for accident-related repairs and comprehensive coverage for incidents like theft or fire. Opting for full coverage provides financial stability and peace of mind, ensuring readiness for various risks. It’s important to review policy specifics, such as coverage limits and deductibles, to ensure it meets individual requirements effectively.
Cheapest Car Insurance In Maine For Seniors
Travelers’ plan in Maine is tailored for seniors, costing about $47 per month, making it a cost-effective solution.
| Provider | Average Monthly Cost | Average Annual Cost |
| Travelers | $47 | $567 |
| Vermont Mutual | $50 | $597 |
| Concord Group | $49 | $588 |
| GEICO | $59 | $706 |
| Progressive | $65 | $778 |
Lower car insurance premiums are often available for seniors, who are typically seen as experienced and responsible drivers. Many older drivers are on the road less frequently, which decreases their accident risk. Insurers may offer discounts for older age and safe driving, with extra savings for completing a defensive driving course to improve road safety.
Cheapest Car Insurance In Maine For Drivers With Poor Credit
Travelers is known throughout Maine for its affordable insurance rates tailored for drivers with poor credit, averaging $85 monthly.
| Provider | Average Monthly Cost | Average Annual Cost |
| Travelers | $85 | $1,018 |
| Progressive | $122 | $1,464 |
| Vermont Mutual | $132 | $1,584 |
| Countryway | $159 | $1,908 |
| Bristol West | $189 | $2,268 |
Credit scores significantly influence how much you pay for car insurance in Maine. Lower scores typically mean higher premiums because insurers use credit history to assess risk. Drivers with poor credit are often seen as more likely to file claims. Despite these challenges, they can still reduce insurance costs by comparing quotes and exploring discount options.
Cheapest Car Insurance In Maine For Minimum Coverage
Vermont Mutual’s pricing for minimum auto insurance coverage in Maine is very competitive, typically around $22 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Vermont Mutual | $22 | $261 |
| GEICO | $24 | $286 |
| State Farm | $25 | $300 |
| Travelers | $26 | $312 |
| GEICO | $26 | $314 |
To drive legally in Maine, drivers are required to have basic car insurance, usually including liability coverage for bodily injury and property damage. Bodily injury liability covers medical expenses and legal fees if you cause an accident that injures others, while property damage liability pays for repairs or replacements to others’ property or vehicles you damage. These minimum coverage amounts are established by state law and may vary based on your driving history or vehicle type. Understanding these regulations is crucial for ensuring adequate financial protection.
Cheapest Car Insurance In Maine For Young Drivers
Young adult drivers in Maine often secure more budget-friendly car insurance rates compared to teens. With safer driving habits and fewer accidents, they are rewarded by insurers with lower premiums, based on their improved safety on the road.
Cheapest Maine Car Insurance For 16-Year-Olds
Auto-Owners gives the most budget-friendly rates for sixteen-year-olds, averaging $236 each month.
| Provider | Average Monthly Cost | Average Annual Cost |
| MMG | $285 | $3,411 |
| Frankenmuth | $304 | $3,648 |
| Geico | $313 | $3,752 |
| Auto-Owners | $236 | $2,823 |
| Travelers | $258 | $3,087 |
Cheapest Maine Car Insurance For 17-Year-Olds
Insurance premiums for seventeen-year-olds are most reasonable through Auto-Owners, typically around $212.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $281 | $3,370 |
| MMG | $285 | $3,411 |
| Frankenmuth | $304 | $3,658 |
| Auto-Owners | $212 | $2,536 |
| Travelers | $213 | $2,557 |
Cheapest Maine Car Insurance For 18-Year-Olds
At a monthly premium of $178, Travelers provides the most affordable insurance rates for 18-year-olds.
| Provider | Average Monthly Cost | Average Annual Cost |
| USAA | $222 | $2,662 |
| MMG | $281 | $3,372 |
| Geico | $294 | $3,525 |
| Travelers | $178 | $2,136 |
| Auto-Owners | $192 | $2,297 |
Cheapest Maine Car Insurance For 21-Year-Olds
21-year-olds can save money with USAA, which offers insurance at an average of $119 per month.
| Provider | Average Monthly Cost | Average Annual Cost |
| Auto-Owners | $147 | $1,757 |
| Geico | $163 | $1,957 |
| MMG | $204 | $2,442 |
| USAA | $119 | $1,424 |
| Travelers | $121 | $1,453 |
Cheapest Car Insurance In Maine For Good Drivers
For safe drivers in Maine, Concord’s monthly insurance costs are as low as $80 on average.
| Provider | Average Monthly Cost | Average Annual Cost |
| Concord | $80 | $960 |
| GEICO | $82 | $985 |
| Travelers | $94 | $1,130 |
| MMG | $95 | $1,141 |
| Progressive | $102 | $1,223 |
The expense of car insurance for safe drivers in Maine may fluctuate based on their driving history, age, and preferred coverage. Typically, those with a clean driving record may qualify for lower premiums as insurers see them as lower-risk individuals. They may also be eligible for discounts for maintaining a good driving record. Safe drivers should consider obtaining quotes from various insurers to find competitive rates and suitable coverage options.
Cheapest Car Insurance In Maine For Drivers With Prior Incidents
Finding affordable car insurance in Maine can be a struggle for individuals with a history of accidents, speeding tickets, or DUIs. These incidents identify them as high-risk to insurers, resulting in higher premiums to account for anticipated claims. This issue is particularly significant in Maine due to its elevated rate of traffic incidents. Insurers establish their pricing strategies based on statistical analyses that suggest a relationship between past driving incidents and an increased probability of future claims.
Cheapest Car Insurance In Maine For Drivers With A Speeding Ticket
Drivers facing speeding tickets can benefit from Vermont Mutual’s low average premiums of $51.
| Provider | Average Monthly Cost | Average Annual Cost |
| Vermont Mutual | $53 | $636 |
| 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
Vermont Mutual is the economical choice for drivers with speeding tickets, with average premiums as low as $65.
| Provider | Average Monthly Cost | Average Annual Cost |
| Vermont Mutual | $65 | $779 |
| State Farm | $79 | $943 |
| Allstate | $83 | $1,001 |
| GEICO | $84 | $1,006 |
| Progressive | $102 | $1,219 |
Cheapest Car Insurance In Maine For Drivers After A DUI
Drivers impacted by DUI charges will find Progressive’s $72 average premium to be the most economical choice.
| Provider | Average Monthly Cost | Average Annual Cost |
| Progressive | $72 | $864 |
| Travelers | $75 | $899 |
| State Farm | $101 | $1,216 |
| Countryway | $111 | $1,334 |
| Allstate | $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
The state of Maine mandates minimum car insurance with liability coverage for bodily injury and property damage, commonly shown as 50/100/25: $50,000 per person, $100,000 per accident, and $25,000 for property damage. Uninsured/underinsured motorist coverage is required at $50,000 per person and $100,000 per accident. Drivers must also carry Personal Injury Protection (PIP), which covers medical expenses and lost wages, or may choose HIP if their health insurance qualifies.
Car Insurance Discounts In Maine
Seeking out car insurance discounts can help you save money, and your agent might offer other ideas. Here are some typical discounts:
- Safe Driver Discount: For those without tickets or accidents.
- Multi-Vehicle Discount: Adding more cars to one policy can cut costs.
- Bundling Discount: Lower your premium by combining policies like home and auto.
- Good Student Discount: Students with good grades often qualify for discounts.
- Defensive Driving Discount: Completing a defensive driving course may earn you savings.
FAQs
How much is car insurance a month in Maine?
The monthly cost of auto insurance in Maine varies, depending on factors like age, driving record, and chosen coverage.
What is the minimum car insurance one must have in Maine?
Car insurance in Maine must provide liability coverage for bodily injury and property damage, as well as mandatory Personal Injury Protection (PIP) coverage.
Which insurance is better in Maine?
Deciding on the ideal insurance in Maine depends on unique factors like driving habits, coverage needs, and personal preferences. Comparing quotes from different insurers is helpful in finding the best policy.
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