Maine auto insurance
Compare, shop and customize quotes from top-rated insurance carriers.
Compare policies for the Pine Tree State
Maine requires all drivers to have auto insurance that meets minimum limits for liability and medical payments coverage. Over 1 million Mainers are licensed to drive, and the average monthly quote for car insurance in Maine ranks among the five top states for auto insurance affordability. VIU by HUB makes it easier for residents of a state known for snowy winters to manage liability and compare Maine auto insurance policies that provide collision or comprehensive coverage to lower out-of-pocket costs to repair or replace vehicles.
Why Mainers need car insurance
The Maine Department of Transportation reported a total of 32,648 car accidents in 2021, including 7,729 crashes resulting in injuries and 135 crashes involving fatalities. Drivers need insurance to protect against the costs of liabilities and risks of injuries and property damage. Here are a few reasons why Mainers should consider carrying comprehensive auto insurance coverage:
• Maine is the sixth most dangerous state for winter driving.
• Snow and ice are involved in nearly 10% of driving fatalities in Maine.
• Maine ranks 22nd nationwide in animal collisions.
The average annual snowfall in coastal Maine ranges from 50 to 70 inches, while the average inland snowfall ranges from 60 up to 110 inches. Residents should factor weather conditions into comparisons of Maine auto insurance quotes. Drivers on Maine roads also have a 1-in-91 chance of colliding with an animal while driving, and liability-only policies often exclude damage resulting from these incidents.
Required Maine auto insurance liability coverage
Maine law requires that drivers maintain liability coverage for bodily injury and property damage in addition to Medical Payments and Uninsured or Underinsured Motorists coverage. Learn more about the mandated requirements for Maine auto insurance.
Minimum auto insurance policy limits
The Bureau of Insurance in the Department of Professional and Financial Regulation for the State of Maine has several minimum required limits that all auto policies must meet in order to comply with state law. Any car insurance policy for driving in Maine should match or exceed the following requirements:
• $50,000 per person or $100,000 per accident for Bodily Injury Liability coverage.
• $25,000 for Property Damage Liability coverage.
• $2,000 per person in Medical Payments coverage. This pays for some medical expenses for injuries to you or the passengers in your car.
• $50,000 per person or $100,000 per accident to cover Uninsured or Underinsured Motorists. This coverage pays for expenses when you are hit by an at-fault driver who either didn’t carry insurance (uninsured) or didn’t carry enough insurance to address all the medical bills or car repair costs (underinsured).
Liability policies that have a combined single limit of $125,000 can also satisfy state requirements. Coverage limits for Uninsured or Underinsured Motorists must equal higher liability limits unless the policyholder rejects coverage at the higher limit in writing.
Average Maine auto insurance quotes
The average monthly cost for car insurance in Maine is $130, which is much less than the national average of $235. The type of policy, such as Liability-Only, Collision or Comprehensive Coverage, will determine monthly premiums and annual policy cost.
How Maine insurers calculate car insurance premiums
Insurance companies consider several factors when calculating car insurance rates. Some factors that insurers consider when pricing policies include:
• Policyholder driving record.
• Policyholder credit history.
• Vehicle insurance history.
• Vehicle make and model.
• ZIP code where the vehicle is garaged.
Traffic citations for speeding, reckless driving or recent at-fault accidents will increase the cost of car insurance. Credit scores also matter with Maine auto insurance quotes. Consumers who have good credit get the lowest rates, while Mainers with poor credit can pay 30-50% more for coverage.
Customize Maine car insurance coverage
Basic liability protection may not provide the level of coverage drivers in Maine need, especially if a policyholder wants to reduce out-of-pocket costs for repairing or replacing a vehicle. From higher limits for Liability Coverage, Uninsured or Underinsured Motorist coverage or Medical Payments coverage to Collision or Comprehensive policies, Mainers have many options for increasing their level of coverage.
Higher liability limits
Customize your car insurance policies with Liability Coverage that exceeds state minimum limits. Policies with higher limits for Bodily Injury and Property Damage, Medical Payments or Uninsured or Underinsured Motorists can reduce out-of-pocket costs.
Collision Coverage
Maine is an at-fault state. The insurance for the driver who causes an accident pays for property damage. Collision policies can cover the cost of repairing damage to the vehicle of a driver who was found at fault in an accident or the cost of replacing a totaled vehicle.
Comprehensive Coverage
Comprehensive Coverage can be useful in a state that has a large wildlife population and severe winter weather. Comprehensive Coverage covers vehicle damage caused by things other than collision, such as wildlife, flood, hail, and falling trees.
VIU by HUB simplifies the process of comparing Maine auto insurance quotes. Get quotes from A-rated insurance carriers in seconds, make arrangements for the level of coverage you need and manage policies from various providers in one place. We also offer expert advice about obtaining the level of coverage Mainers need to manage exposures to risk.
This information is intended for general informational purposes only and is not intended to constitute legal advice.
Sources:
U.S. Department of Transportation