Finding cheap auto insurance in Maine is an arduous task simply because there are so many companies that advertise low monthly premiums. And if you shop around, you’ll find that the rates are significantly different from one insurance company to the next since each provider caters to different types of motorists.
There are dozens of factors that affect the cost of your insurance premiums, but to help you find the best fit for your needs, we’ve crunched the numbers from nine leading providers to identify the most affordable car insurance quotes for the following driver types:
Best Rates For Drivers With No Recent Accidents
Is your driving record spotless? If you’ve never caused a wreck, you should qualify for low cost auto insurance in Maine. Our study revealed that Geico has the lowest rates for this category of motorists. Our hypothetical driver was 29 years old.
Best Rates For Teen Drivers
It’s no secret that teens and young drivers are prone to accidents. Even if they’re responsible behind the wheel, their inexperience makes them less capable of anticipating and reacting to hazards on the road. That typically translates into higher insurance premiums for new drivers. Our study identified State Farm as having the most affordable car insurance for teenagers in Maine.
Best Rates For Drivers With A DUI Or OUI
Most people underestimate the long term cost of an OUI or DUI until they’re charged with the offense. In addition to court fines and attorney fees, you’ll also pay more in monthly insurance premiums.
Luckily, Progressive offers cheap car insurance quotes in Maine for people who have a DUI or OUI conviction. This segment of our study focused on 29-year-old female and male drivers who had one OUI conviction in the past year.
Best Rates For Senior Drivers
Older drivers tend to be on the road less often, which usually translates into lower car insurance premiums. Geico was found by our study to offer the lowest cost auto insurance for seniors in Maine.
A 2014 Toyota Corolla with an annual mileage of 12,000 was the vehicle used in our research. The senior driver in our study was age 65. The average insurance rates for males and females from five zip codes were used to determine the estimated monthly premiums. In our “teen driver” segment, we compared rates for the minimum insurance required in Maine. For the other driver categories, we used the same liability limits but added 50/100/25 uninsured motorist coverage.
What Are The Minimum Auto Insurance Requirements In Maine?
Drivers in Maine are required by law to have car insurance that covers $50,000 for bodily injuries to one individual, $100,000 for bodily injuries caused in one collision, and $25,000 for damage to property. Medical Payments coverage is also required in the amount of $2,000 per person, and Uninsured Motorist coverage is required in the amount of $50,000 per individual and $100,000 per accident.