Updated: November 21, 2024
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Maine drivers spend about $901 annually on full coverage car insurance and $435 on minimum coverage. The cost varies based on age, coverage level, location, driving record, and credit history.
Insurance companies estimate the likelihood of filing a claim and the potential cost. A clean driving record and good credit often lead to lower rates.
Why Trust MoneyGeek? MoneyGeek compiled data from Quadrant Information Services and the Maine Department of Insurance to determine average costs for drivers across Maine. We used sample driver profiles that reflect insurers' typical criteria to determine premiums.
These rates reflect the average cost of car insurance in Maine as of November 2024.
Maine's average full coverage car insurance cost is around $901 annually. Comparing car insurance quotes helps you assess if you're getting a fair quote.
Maine's average rates for auto insurance give you a view of what you might pay monthly and yearly, from minimum coverage to full coverage plans.
| 100/300/100 Full Cov. w/$1,000 Ded. | $901 | $75 |
| 100/300/100 Liability Only | $497 | $41 |
| State Minimum Liability Only | $435 | $36 |
Car insurance in Maine is generally affordable compared with other states. Maine's average annual premium for minimum coverage, $435, is lower than the national average cost of car insurance, which is $628 annually.
Maine's average auto insurance rates give you a view of what you might pay monthly and yearly, for minimum coverage to full coverage plans.
Car insurance premiums can fluctuate significantly among companies, even within the same state. For instance, in Maine, drivers can find the most affordable full coverage with Travelers at $609 annually, whereas Bristol West offers the highest average premium at $1,531.
Compare car insurance quotes to secure the cheapest car insurance in Maine. Evaluating different providers helps you find coverage that suits your budget and needs.
| Travelers | $609 | $51 |
| Concord Group | $679 | $57 |
| GEICO | $708 | $59 |
| Vermont Mutual | $747 | $62 |
| Progressive | $766 | $64 |
| Allstate | $936 | $78 |
| State Farm | $1,024 | $85 |
| Countryway Insurance | $1,110 | $92 |
| Bristol West | $1,531 | $128 |
The cost of car insurance in Maine is also determined by the level of coverage selected. While the average monthly cost for minimum coverage is around $36, full coverage can cost approximately $75. Despite the higher price, it's recommended to choose full coverage for its comprehensive protection.
Incorporating comprehensive and collision coverages into your policy does increase your premium; however, opting for higher deductibles can help balance these costs. It’s important to note that your deductible amount applies individually to both comprehensive and collision coverages, influencing the overall expense of your policy.
| State Minimum Liability Only | $435 | $36 |
| 100/300/100 Liability Only | $497 | $41 |
| 300/500/300 Liability Only | $632 | $53 |
| State Minimum Liability w/ Full Cov. w/$1,500 Ded. | $839 | $70 |
| State Minimum Liability w/ Full Cov. w/$1,000 Ded. | $854 | $71 |
| 100/300/100 Full Cov. w/$1,500 Ded. | $886 | $74 |
| 100/300/100 Full Cov. w/$1,000 Ded. | $901 | $75 |
| State Minimum Liability w/ Full Cov. w/$500 Ded. | $935 | $78 |
| 100/300/1000,000 - 500 comp_coll | $982 | $82 |
| 300/500/300 Full Cov. w/$1,500 Ded. | $982 | $82 |
| 300/500/300 Full Cov. w/$1,000 Ded | $997 | $83 |
| 300/500/300 Full Cov. w/$500 Ded. | $1,077 | $90 |
In Maine, drivers must meet the minimum car insurance requirements, which include bodily injury liability of $50,000 per person and $100,000 per accident, property damage liability of $25,000 per accident, uninsured/underinsured motorist coverage of $50,000 per person and $100,000 per accident and medical payments coverage of $2,000.
$50,000 for bodily injury liability per person
Maine requires a minimum coverage of $50,000 for bodily injury liability per person to cover expenses related to injuries you may cause to someone in an auto accident.
$100,000 for bodily injury liability per accident
Maine's state minimum for bodily injury liability per accident stands at $100,000, ensuring that multiple people injured in an accident have coverage.
$25,000 for property damage liability per accident
Maine law mandates at least $25,000 coverage for property damage liability per accident to pay for damages to someone else's property.
$50,000 uninsured motorist bodily injury per person
In Maine, drivers need a minimum of $50,000 coverage for uninsured motorist bodily injury per person to protect against costs from an accident with an uninsured driver.
$100,000 uninsured motorist bodily injury per accident
The state requires $100,000 uninsured motorist bodily injury coverage per accident to cover injuries caused by an uninsured or hit-and-run driver.
$2,000 medical payments coverage
Maine drivers are required to carry $2,000 in medical payments coverage to help pay for medical expenses regardless of who's at fault in an accident.
In Maine, younger drivers usually face the highest premiums. Those aged 22 to 29 pay an average of $1,192 per year. Rates decrease for drivers aged 30 to 59, averaging about $901 annually. Seniors aged 60 and over enjoy the lowest premiums, with an average annual cost of $886.
| 22-29 | $1,192 | $99 |
| 30-59 | $901 | $75 |
| 60 + | $886 | $74 |
Age significantly influences car insurance rates in Maine. When added to a family policy, male drivers aged 16 face an average annual cost of $1,996, the highest among all age groups.
Teen drivers under 18 typically cannot purchase car insurance without a guardian co-signing. An individual policy for a 16-year-old male would cost about $3,462 annually.
The average annual cost for full coverage on a 2012 car model is $753, lower than the $981 needed for a 2022 model with the same coverage. This difference stems from newer cars' higher actual cash values, repair costs and more attractive theft targets, all contributing to increased insurance premiums.
Experts suggest that drivers of newer models consider comprehensive and collision coverages. These protect against a wide range of incidents, ensuring maximum protection.
| 2012 Vehicle | $753 | $63 |
| 2022 Vehicle | $981 | $82 |
The actual cash value (ACV) of your vehicle is the amount your insurance company will use to determine the payout for a comprehensive or collision claim, reflecting your car's value at the time of the incident, minus depreciation. This figure represents the maximum you can receive to repair or replace your damaged vehicle under a standard policy.
The average cost of car insurance in Maine varies based on a driver's record.
A driving record violation can affect how much you pay for car insurance in Maine. A violation will keep pushing your premiums until it's gone, and the length of time this takes can vary depending on where you are.
For example, in Maine, a DUI can affect your insurance rates for up to 10 years. This is longer than many other states. Even though a DUI usually makes your insurance the most expensive, some places and companies might charge you more for other severe mistakes on the road.
The table below shows what you might pay for car insurance in Maine based on different driving records. Just pick the right coverage and age group to see the average costs.
| Clean | $901 | $75 |
| Ticket | $1,088 | $91 |
| At-fault Accident | $1,270 | $106 |
| DUI | $1,503 | $125 |
The average cost of car insurance in Maine varies significantly with your credit score, ranging from $594 for those with an excellent score to $1,180 for those with a poor score.
The price you pay for car insurance is closely linked to your credit score, as insurers view it as a sign of reliability. A good credit score typically falls within the range of 670 to 739, with higher scores often leading to more affordable rates.
| Excellent | $594 | $50 |
| Good | $704 | $59 |
| Fair | $842 | $70 |
| Below Fair | $997 | $83 |
| Poor | $1,180 | $98 |
These key factors shape your car insurance rates in Maine:
To secure affordable car insurance in Maine, compare quotes, increase your deductible and use all eligible discounts. These strategies help lower your premiums for minimum coverage or more comprehensive options:
Shop Around
Comparing quotes from multiple insurers can lead to finding the cheapest car insurance in Maine, potentially saving hundreds of dollars annually.
Maintain a Clean Driving Record
Drivers with no accidents or traffic violations typically qualify for lower rates, reflecting their lower risk to insurance providers.
Bundle Policies
Purchasing auto and home insurance from the same company can unlock discounts, making overall insurance costs more affordable.
Increase Deductibles
Opting for a higher deductible can significantly reduce your premium, but ensure you can afford the deductible if you need to make a claim.
Seek Out Discounts
Insurers offer various discounts; check for safe driver, good student or multi-car discounts to lower your insurance rates.
Consider Vehicle Type
The car you drive influences insurance costs; choosing a model with high safety ratings or lower repair costs can lead to more affordable rates.
Review Coverage Annually
Regularly review your policy and adjust coverage as needed to ensure you're not overpaying for insurance you don't require.
We provide clear insights into what Maine drivers might expect for insurance expenses, helping you make informed decisions on your car insurance needs.
The minimum car insurance requirements in Maine include $50,000 for bodily injury liability per person, $100,000 for bodily injury liability per accident and $25,000 for property damage liability per accident. These affordable coverage levels provide financial protection in an accident.
The average annual cost for full coverage auto insurance in Maine is $901, while minimum coverage averages around $435. If you're looking for affordable plans, opt for minimum coverage with an average monthly premium of $36.
The average cost of car insurance for a 22-year-old in Maine depends on the coverage level. For full coverage with a $1,000 deductible, the average annual premium is $1,192, which is about $99 per month. For 100/300/100 liability-only coverage, the average drops to $647 yearly or $54 monthly. Choosing minimum coverage costs around $505 annually, making the monthly average $42.
About Mark Fitzpatrick
Mark Fitzpatrick is a Licensed Property and Casualty Insurance Producer and MoneyGeek's Head of Insurance. He has analyzed the insurance market for over five years, conducting original research and creating personalized content for every kind of buyer. He has been quoted in several insurance-related publications, including CNBC, NBC News and Mashable.
Fitzpatrick earned a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He is passionate about using his knowledge of economics and insurance to bring transparency around financial topics and help others feel confident in their money moves.
