Cheapest car insurance in Maine for 2023

Rates were determined by adding a 16-year-old teen to their 40-year-old married parents’ policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy.

Rates were calculated by evaluating our base profile with the following incidents applied: single speeding ticket.

Rates were calculated by evaluating our base profile with the following incidents applied: single at-fault accident.

Rates were calculated by evaluating our base profile with the following incidents applied: single DUI conviction.

Finding the best car insurance in Maine may depend on your personal priorities and insurance needs. Some drivers may be looking for the lowest rates, while others may want a long list of student discounts or top-rated customer service. You may be able to find the best car insurance company for you by making a list of your priorities and comparing quotes from companies that meet these criteria.

The average annual cost of insurance in the U.S. is $622 for minimum coverage and $2,014 for full coverage. With minimum coverage in Maine averaging $225 per year, it ranks as one of the cheapest states for auto insurance in the country. Similarly, average rates for full coverage in Maine are also much lower than the national average at $941 per year. As a result, it may be easier to find cheap car insurance in Maine than in many other states.

Shopping around to compare quotes and discounts may be a good starting point for finding cheap rates in Maine. From there, maintaining a clean driving record and improving your credit score may help you maintain cheap rates. If you've recently experienced a big life change, like getting married, buying a new car or insuring a teen driver, it may be a good time to shop around and ensure you're still getting the best rate for your circumstances.

Yes, you must show proof of insurance when registering your car in Maine. You must present an ID card and your policy number. You must also carry the minimum insurance requirements on your policy.

Bankrate utilizes Quadrant Information Services to analyze 2023 rates for ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:

• $100,000 bodily injury liability per person
• $300,000 bodily injury liability per accident
• $50,000 property damage liability per accident
• $100,000 uninsured motorist bodily injury per person
• $300,000 uninsured motorist bodily injury per accident
• $500 collision deductible
• $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverage that meets each state’s requirements. Our base profile drivers own a 2021 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Our 2023 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories.

Like our previous Bankrate Scores, each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. This year, our 2023 scoring model provides a more comprehensive view, indicating when companies excel across several key areas and better highlighting where they fall short.

• Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, 2023 quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best and the NAIC, were analyzed.
• Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
• Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored a company’s corporate sustainability efforts.