Maine's average annual full coverage car insurance cost is $901, while minimum coverage costs about $435. These rates are $395 and $160 less than the national average.
Average Cost of Car Insurance in Maine
Updated: December 19, 2024
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Key Takeaways
Drivers in Maine pay about 30% less for full coverage car insurance than the national average.
Maine drivers spend 27% less than the national average for minimum coverage.
With minimum coverage costing $435 annually and full coverage at $901, Maine is one of the most affordable states for car insurance.
How Much Is Car Insurance in Maine?
| Full Coverage | $901 | $1,296 | -30% |
| State Minimum Liability Only | $435 | $595 | -27% |
Maine Car Insurance Rates by Coverage Level
Your coverage level affects your car insurance rate. Raising your liability limits and adding full coverage increase costs, while opting for a higher deductible lowers your premium. Below are average minimum coverage and full coverage rates in Maine based on different deductibles and liability limits.
| 300/500/300 | Full Coverage | $1,077 | $500 |
| 300/500/300 | Full Coverage | $997 | $1,000 |
| 100/300/100 | Full Coverage | $982 | $0 |
| 300/500/300 | Full Coverage | $982 | $1,500 |
| State Minimum | Full Coverage | $935 | $500 |
| 100/300/100 | Full Coverage | $901 | $1,000 |
| 100/300/100 | Full Coverage | $886 | $1,500 |
| State Minimum | Full Coverage | $854 | $1,000 |
| State Minimum | Full Coverage | $839 | $1,500 |
| 300/500/300 | Liability Only | $632 | $0 |
| 100/300/100 | Liability Only | $497 | $0 |
| State Minimum | Liability Only | $435 | $0 |
Read More: Liability vs. Full Coverage Car Insurance
Average Maine Car Insurance Cost by Age
In Maine, age affects car insurance costs. Young drivers often pay more because they’re considered riskier. On average, 25-year-olds spend $290 more for full coverage and $129 more for minimum coverage than 40-year-olds. Compared to 65-year-olds, they pay $306 more for full coverage and $125 more for minimum coverage.
| 25 | $1,192 | $565 |
| 40 | $901 | $435 |
| 65 | $886 | $440 |
While age affects car insurance costs in most U.S. states, California, Massachusetts and Hawaii don't allow age as a rating factor.
Car Insurance Costs in Maine for Young Drivers by Gender
In Maine, young drivers face higher car insurance costs due to increased accident rates. When added to a family policy, drivers aged 18 to 25 pay an average of $1,169 annually, 28% less than the cost of an individual policy, which is $1,501.
Gender also influences car insurance rates for young drivers in Maine. Female drivers between 18 and 25 pay $1,406 annually, 12% less than the $1,596 male drivers pay. Below are the average premiums for individual and family policies for young drivers in the state, broken down by gender.
Car Insurance Costs in Maine for Young Females
Adding an 18-year-old female to a family car insurance plan in Maine costs around $1,315. Choosing an individual policy instead can increase rates by about 43%, costing roughly $2,303.
| 18 | $2,303 | $1,315 | -43% |
| 19 | $1,791 | $1,383 | -23% |
| 20 | $1,580 | $1,222 | -23% |
| 21 | $1,291 | $994 | -23% |
| 22 | $1,203 | $1,108 | -8% |
| 23 | $1,100 | $1,015 | -8% |
| 24 | $1,038 | $957 | -8% |
| 25 | $939 | $871 | -7% |
Car Insurance Costs in Maine for Young Males
An 18-year-old male driver in Maine typically pays around $2,635 for individual full coverage. By joining a family policy, the cost drops to about $1,506, saving nearly 43% annually.
| 18 | $2,635 | $1,506 | -43% |
| 19 | $2,079 | $1,561 | -25% |
| 20 | $1,812 | $1,365 | -25% |
| 21 | $1,495 | $1,122 | -25% |
| 22 | $1,363 | $1,231 | -10% |
| 23 | $1,233 | $1,115 | -10% |
| 24 | $1,140 | $1,032 | -10% |
| 25 | $1,007 | $915 | -9% |
Average Maine Car Insurance Cost by Driving Record
In Maine, traffic violations significantly impact car insurance rates. An at-fault accident increases full coverage premiums to $1,270, a DUI raises them to $1,503, and a speeding ticket results in a $1,088 premium. The table below compares costs for drivers with accidents, DUIs or tickets to those with clean records.
| At-Fault Accident | $1,270 | -33% | $627 | -43% |
| DUI | $1,503 | -21% | $707 | -36% |
| Ticket | $1,088 | -43% | $525 | -52% |
Read More: High-Risk Car Insurance in Maine
Average Maine Car Insurance Cost by Credit Score
Credit-based insurance scores impact car insurance costs. On average, drivers with excellent credit pay about $751 a year for full coverage, while those with poor credit may see rates around $1,514.
| Excellent | $751 | -61% | $284 | -74% |
| Good | $891 | -53% | $335 | -69% |
| Fair | $1,071 | -44% | $396 | -64% |
| Below Fair | $1,272 | -33% | $466 | -57% |
| Poor | $1,514 | -21% | $542 | -51% |
CREDIT SCORES AND YOUR PREMIUM
A credit score of 670 to 739 shows financial trustworthiness and may lower insurance costs for Maine residents. However, insurers in Hawaii, Massachusetts, Maryland, California and Michigan cannot use credit scores for pricing. In North Carolina, Oregon, Washington, Utah and Nevada, credit scores are considered only under specific conditions.
Average Maine Car Insurance Cost by Company
Car insurance costs vary widely from company to company. In Maine, Travelers offers the most affordable auto insurance, at $609 annually for full coverage. Bristol West's average cost is the highest, at $1,531, which is 41% higher than the state average.
| Travelers | $609 | $331 |
| Concord Group | $679 | $349 |
| GEICO | $708 | $348 |
| Vermont Mutual | $747 | $307 |
| Progressive | $766 | $436 |
| Allstate | $936 | $549 |
| State Farm | $1,024 | $425 |
| Countryway Insurance | $1,110 | $448 |
| Bristol West | $1,531 | $725 |
Average Maine Car Insurance Cost by Vehicle Age
In Maine, newer cars often have pricier insurance at about $981 a year because they're worth more and cost more to fix or replace. A 10-year-old car typically costs less to insure, around $753 annually.
| 10-Year-Old Vehicle | $753 | $387 |
| New Model Vehicle | $981 | $362 |
ACTUAL CASH VALUE
The actual cash value (ACV) is what your insurer considers your vehicle was worth before any damage. This value is used for comprehensive or collision claims to determine the maximum payout after subtracting any deductible. It ensures the claim aligns with the car's fair market value.
Read More: Used Car Insurance
Maine Car Insurance Rates Explained
Maine's car insurance rates are often lower than the national average, providing affordable options. Factors like location, vehicle type, driving record, age and credit score influence the cost of state minimum or full coverage plans.
Is Car Insurance Expensive in Maine?
Car insurance in Maine is affordable, with an average monthly full coverage cost of $75. Maine residents pay about 31% less than the national average for full coverage policies.
Read More: Why Car Insurance Is So Expensive
Car Insurance Costs in Maine vs. National Average
National Average Cost
Full Coverage Car Insurance
$108
Maine Average Cost
Full Coverage Car Insurance
$75ME Car Insurance Is Affordable:$33 saved
This is 31% less expensive.
Why Are Car Insurance Rates Expensive in Maine?
Maine's harsh winters and storms lead to more claims, which can raise premiums. Strict coverage requirements also contribute to higher costs.
Read More: Car Insurance Rates by State
Estimating Your Car Insurance Costs in Maine
Maine's car insurance rates are averages, but your premium depends on factors specific to you. To estimate your costs, consider the following:
Driving Record
A clean driving record without accidents or traffic violations can lower car insurance premiums as it indicates responsible driving behavior.
Age and Gender
Younger drivers and males typically face higher rates. Drivers may find more affordable premiums and maintain a good driving history as they age.
Credit History
Insurers often use credit scores to assess risk. A higher credit score can result in lower insurance rates.
Vehicle Type
Choose a car with a good safety record and lower theft rates to reduce premiums.
Location
Living in areas with lower crime rates or less traffic can lead to more affordable car insurance rates.
Coverage Level
Opt for the right balance of coverage. Overinsuring can lead to unnecessary costs, while underinsuring can leave you vulnerable.
Marital Status
Married drivers may receive lower rates due to perceived stability. Inform your insurer if your marital status changes.
State Law
Comply with Maine's insurance requirements and consider additional coverage for better protection and potential long-term savings.
Read More: Maine Car Insurance Calculator
Minimum Car Insurance in Maine
Maine's average annual minimum coverage car insurance is $435, lower than the $595 national average. Below is a table of the state's minimum coverage requirements.
Maine Car Insurance Requirements
Maine mandates minimum auto insurance coverage of $50,000 for bodily injury per person, $100,000 per accident and $25,000 for property damage. It also requires $50,000/$100,000 for uninsured/underinsured motorists and $2,000 for medical payments.
Liability Limits | What It Covers |
|---|---|
$50,000 bodily injury liability per person | Injuries you cause to others in an accident |
$100,000 bodily injury liability per accident | Multiple injured parties |
$25,000 property damage liability per accident | Damage to another person's property |
$50,000 uninsured motorist bodily injury per person | Medical expenses if an uninsured driver injures you and your passengers |
$100,000 uninsured motorist bodily injury per accident | Multiple injuries caused by an uninsured driver per accident |
$2,000 medical payments coverage | Medical expenses after an accident, regardless of fault |
How to Lower Car Insurance Costs in Maine
Save on car insurance by comparing rates, raising your deductible and using eligible discounts.
- 1
Compare Multiple Quotes
Shopping around with different insurance companies can lead to affordable car insurance options, saving hundreds of dollars annually.
- 2
Lower Your Risk Profile
Improving your credit score and maintaining a clean driving record, free of at-fault accidents and moving violations, can significantly lower your insurance rates, as insurers consider you less risky.
- 3
Adjust Your Coverage
Tailoring coverage to fit your needs can help you save. Higher deductibles lower premiums if you can handle out-of-pocket costs, while usage-based policies may benefit low-mileage drivers.
- 4
Ask About Discounts
Look into discounts for safe driving, anti-theft devices, students with good grades and policy bundling.
- 5
Consider the Car You Drive
Opt for a vehicle that costs less to insure, like those with higher safety ratings.
Auto Insurance Rates in Maine: Bottom Line
Maine residents pay an average of $901 annually for full coverage car insurance, below the national average. This makes Maine one of the more affordable states for car insurance. Rates vary based on vehicle type, driving record and location.
Maine Car Insurance Rates: FAQ
Get answers about what impacts the average cost of car insurance in Maine and how to find affordable rates.
What are the minimum car insurance requirements in Maine?
Maine's minimum car insurance requirements include $50,000 for bodily injury per person, $100,000 per accident and $25,000 for property damage. Drivers must also carry uninsured/underinsured motorist coverage at $50,000 per person and $100,000 per accident, along with $2,000 in medical payments coverage.
What is the average cost of full coverage and minimum coverage auto insurance in Maine?
In Maine, full coverage car insurance averages $901 annually, below the $1,296 national average. Minimum coverage costs $435 annually, also less than the $595 national average.
What is the average cost of car insurance for a 25-year-old in Maine?
The average cost of car insurance for a 25-year-old in Maine is $1,192 for full coverage and $565 for minimum coverage.
What are the cheapest car insurance companies in Maine?
Travelers is the most affordable car insurance company in Maine, with full coverage at $609 annually ($51 monthly) and minimum coverage at $331 annually ($28 monthly).
Maine Auto Insurance Cost: How We Determine Average Rates
Sample Driver Profile
We used a sample driver profile with the following attributes to determine average car insurance rates in Maine:
- 40-year-old male
- 2012 Toyota Camry LE
- Clean driving record
- 12,000 miles driven annually
We modified this driver profile by age, vehicle, credit score and driving record to determine averages for different driver profiles and needs.
Coverage Levels and Deductibles
Unless otherwise noted, average rates on this page are for a full coverage policy with comprehensive and collision coverage, a $1,000 deductible for each and the following liability limits (100/300/100):
- $100,000 in bodily injury liability per person
- $300,000 in bodily injury liability per accident
- $100,000 in property damage liability per accident
When minimum coverage is specified, we used the following minimum coverage limits as mandated by Maine:
- $50,000 in bodily injury liability per person
- $100,000 in bodily injury liability per accident
- $25,000 in property damage liability per accident
- $50,000 uninsured motorist bodily injury per person
- $100,000 uninsured motorist bodily injury per accident
- $2,000 in medical payments coverage
Learn more about MoneyGeek's car insurance methodology.
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.