Best car insurance in Maine for 2021

Maine is the largest state in New England. It has more 22,000 mile of highway and more 3400 miles of coastline. Maine is a safe haven for those who love a great view. Driving in Maine is safer than driving in other states, which is a good thing for Maine motorists.

The Department of Transportation (DOT), which reports 157 fatalities in accidents reported for 2020, is significantly lower than other states that saw more than 300. Despite statistically higher road safety, car insurance offers critical financial protection in the event of an unexpected accident.

With so many choices on the market, it can be difficult to find the best car insurer for you. Bankrate’s editorial team evaluated top carriers in the state based on market share. They then compared each option based upon 2021 premiums, coverages, and customer satisfaction scores. Consider the cost of your premium, your discount eligibility, and how much coverage is needed before making a decision.

The best car insurance companies of Maine

We have compiled a list of top-rated Maine car insurance companies to simplify your search for auto insurance. Many of them offer low rates. These providers have been highly rated by the 2020 J.D. Power Auto Claims Study. Customer satisfaction ratings were determined by feedback from customers who settled claims with at least 25 providers. Quadrant Information Services provided average annual rates to help us determine the best Maine car insurance. This was based on quoted premiums. These details were also taken into account in our Bankrate score, which is outlined below. These are the best-rated Maine car insurance providers:

Allstate

Allstate could be a great choice for Maine drivers. You can save up to 50% on your premiums with the extensive discounts offered by Allstate. For additional savings, drivers can bundle home and auto insurance. Allstate’s Drivewise program can help you to be a safer driver, save money on your premiums and make it easier for rideshare drivers and drivers who drive less to get the coverage they need.

Geico

Geico has a reputation for providing essential car insurance policies in many states. They are also among the most affordable in this industry. Maine drivers can find the right insurance policy to suit their needs and circumstances with a good selection of coverage options and add-ons. Geico offers options for motorcycle riders and rideshare drivers, as well as many options for bundling auto insurance with renters insurance or home insurance.

State Farm

State Farm is a well-known “good neighbor” insurance company. J.D. gave it an 881 score out of 1000 points for overall satisfaction. Based on real customer reviews, Power. AM Best says that State Farm has superior financial strength and offers students and teen drivers additional benefits. The Drive Safely and Save program rewards safe drivers. The Steer Clear program assists young drivers in establishing safe driving habits and saving money on premiums.

USAA

USAA has a reputation for providing the best customer service in the industry and consistently scores high in customer satisfaction. USAA is a great choice for Maine car insurance. USAA policies are only available to military personnel and their families. Its low premiums and military coverage (including options for deployments) make it worth considering for eligible members.

Average cost of Maine car insurance

Maine’s average car insurance cost is $294/year for minimum coverage, and $965/year for full coverage. Maine drivers pay $700 less per year than the average U.S. driver, compared to the average car insurance rate at $1,674/year for full coverage. Maine’s average annual premiums is significantly lower than New Hampshire. New Hampshire motorists pay $310 less annually than Maine motorists. Full coverage is available for $1,275 annually.

Maine’s minimum insurance requirements

All drivers in Maine must have minimum insurance. All drivers must have the following:

  • Protection against bodily injuries: $50,000 to $100,000.
  • $25,000 property damage coverage
  • $50,000/$100,000 in underinsured/uninsured motorist coverage

Your insurance policy would cover $50,000 for one passenger if you collide with another vehicle and $100,000 for any other person injured in an accident. You would be responsible for any damage to your vehicle or structures, such as a fence, that might have been caused by the collision.

Lastly, your $50,000/$100,000 underinsured/uninsured motorist coverage protects you financially if you are in an accident with a driver that does not have insurance or does not have enough coverage to pay for damages to your car or your medical expenses. These amounts do not cover personal vehicle damage.

Experts recommend that you purchase extended coverage including collision and comprehensive to provide financial assistance for costly claims. If you lease, you may be required to buy full coverage to protect your loan.

How to get the best car coverage

There are several steps you can use to help you find the best auto insurance in Maine. It can be difficult to find the right car insurance. The insurance market is saturated with many choices. It is a good idea to research the best-rated insurance companies before comparing them with an online insurance comparison tool.

Your driving history and personal circumstances are the most important factors that will affect your Maine car insurance premiums. While average premiums differ by state you might also be interested in how specific state conditions affect your choice of coverages. Heavy snowfall can be quite common in the state, and can cause dangerous road conditions. You may want to include emergency roadside assistance to your policy, especially if you drive a lot during winter months.

Personal factors are often beneficial. It is important to take into account both the criteria of your insurer and your own. Rates are usually determined by information about your credit score, age, vehicle type, and vehicle type. This is why it’s a good idea to have this information ready so that you can easily apply for multiple quotes . To make sure you get the best coverage, think about what is most important to you. For example, rental reimbursement or forgiveness for first-accidents. To settle on a policy, you can talk with an agent about pricing.

Maine offers car insurance discounts

All of the car insurance companies in our list offer discounts that could save Maine drivers money on their annual premium. It may be the discounts that you are able to get that will determine which car insurance company is best in Maine. There are several options:

  • Safe driver: There are many providers that offer apps or programs that monitor your driving habits and offer discounts for safe driving.
  • New car: You may be eligible for savings if your car is newer than one year.
  • Accident-free: A clean driving record can help you save money on auto insurance. Many providers offer discounts for accident-free drivers.
  • Multi-policy Discount: If you have two policies like auto and home, you can generally get significant savings through a multi-policy discount.

Questions frequently asked

Are you required to have car insurance in Maine?

Yes. All drivers in Maine are required to purchase certain insurance coverage.

Which is the best Maine car insurance?

There is no one insurance company that offers the best or cheapest policy for Maine residents. Your age, driving record, credit score and eligibility for discounts will all affect the cost of your insurance. Maine is home to some of the most trusted car insurance providers, so it could be a good starting point.

What information are you required to obtain Maine car insurance?

You will need to provide information about your vehicle, including the year, make and model, as well as whether it is leased or owned. Also, you will need to give information about yourself. This includes your age, location, driving record, and when you were licensed. Some companies may also require you to provide a social security number.

How can I save money when buying car insurance?

You can cut down on your car insurance if you take advantage of discounts, raise your credit score and improve your driving record.