Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Cheapest car insurance in Maine for 2023
Based on our research, the cheapest car insurance companies in Maine include Geico, USAA and Countryway Insurance Company.
At Bankrate, we strive to help you make smarter financial decisions. To help readers understand how insurance affects their finances, we have licensed insurance professionals on staff who have spent a combined 47 years in the auto, home and life insurance industries. While we adhere to strict , this post may contain references to products from our partners. Here’s an explanation of . Our content is backed by Coverage.com LLC, a licensed entity (NPN: 19966249). For more information, please see our
What To Know First
Using data from Quadrant Information Services, Bankrate analyzed average rates for dozens of car insurance companies in Maine. Although average car insurance rates in Maine are cheaper than the national average, our insurance editorial team, which includes licensed agents, understands that many drivers may still be looking to save on their premiums. With low rates in mind, we identified the carriers that offer the cheapest average rates in the state without sacrificing coverage options, discounts and customer service.
Our key findings include:
- Geico offers some of the cheapest average rates in Maine for minimum and full coverage
- Some of the cheapest cities for full coverage include Milbridge, Steuben and Addison
Cheapest car insurance companies in the state:
- Cheapest company for minimum coverage: Geico
- Cheapest company for full coverage: Geico
- Cheapest company for adding a teen driver: Geico
- Cheapest company after a speeding ticket conviction: Geico
- Cheapest company after an at-fault accident: Vermont Mutual
- Cheapest company after a high-risk incident: Countryway Insurance Co.
On This Page
- The cheapest car insurance companies in Maine
- The cheapest car insurance companies in Maine by coverage level
- Cheapest cities in Maine for car insurance
- Factors that impact rates in Maine
- Minimum coverage requirements for Maine drivers
- How to get the cheapest car insurance in Maine
- Car insurance discounts in Maine
- Frequently asked questions
Cheapest insurance providers in
We couldn't find any rates in your area
Please check your ZIP code and try again, or answer a few more questions to get accurate, personalized quotes from carriers near you.
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
Average rate:
$/mo
Based on minimum coverage and no accidents in
Continue Learn moreGet custom quotes
The rates above are based on a single driver with a Toyota Camry, no accidents, and good credit. Answer a few questions about what you drive and how you drive it and get a personalized set of rate that are ready to buy if you are.
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
The cheapest car insurance companies in Maine
When shopping for cheap car insurance in Maine, your personal rating factors may impact which carriers could offer you low rates. We found that the following carriers offer the lowest average rates in Maine for these common driver profiles.
Cheapest company in Maine for minimum coverage
Average monthly minimum coverage premium | Average annual minimum coverage premium | |
---|---|---|
Geico | $16 | $195 |
Cheapest car insurance in Maine for full coverage
Average monthly full coverage premium | Average annual full coverage premium | |
---|---|---|
Geico | $50 | $604 |
Cheapest car insurance company for adding a teen driver
Average monthly minimum coverage premium | Average annual minimum coverage premium | |
---|---|---|
Geico | $32 | $379 |
Cheapest company for getting a speeding ticket in Maine
Average monthly minimum coverage premium | Average annual minimum coverage premium | |
---|---|---|
Geico | $16 | $195 |
Cheapest company for being in an at-fault accident in Maine
Average monthly minimum coverage premium | Average annual minimum coverage premium | |
---|---|---|
Vermont Mutual | $21 | $254 |
Cheapest company after a high-risk incident in Maine
Average monthly minimum coverage premium | Average annual minimum coverage premium | |
---|---|---|
Countryway Insurance Co. | $28 | $335 |
The cheapest car insurance companies in Maine by coverage level
Finding affordable car insurance in Maine may be easier than in many states, as average rates are quite a bit lower than the national average. The average cost of car insurance in Maine is $941 per year for full coverage and $225 per year for minimum coverage. For comparison, the national annual average is $2,014 for full coverage and $622 for minimum coverage. While minimum coverage can be significantly cheaper than full, most insurance professionals suggest choosing full coverage if you can afford to do so for enhanced financial protection in the event of an accident or other covered incident.
Insurance company | Average monthly minimum coverage premium | Average annual minimum coverage premium | Annual savings vs. State average* |
---|---|---|---|
Geico
4.4
Bankrate Score
|
Average monthly minimum coverage premium
$16
|
Average annual minimum coverage premium
$195
|
Annual savings vs. State average*
- $30 |
USAA
4.3
Bankrate Score
|
Average monthly minimum coverage premium
$19
|
Average annual minimum coverage premium
$223
|
Annual savings vs. State average*
- $2 |
Average monthly minimum coverage premium
$21
|
Average annual minimum coverage premium
$254
|
Annual savings vs. State average*
+ $29 |
|
State Farm
4.2
Bankrate Score
|
Average monthly minimum coverage premium
$23
|
Average annual minimum coverage premium
$270
|
Annual savings vs. State average*
+ $45 |
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
*Based on policies with minimum coverage for 2023
Insurance company | Average monthly full coverage premium | Average annual full coverage premium | Annual savings vs. State average* |
---|---|---|---|
Geico
4.4
Bankrate Score
|
Average monthly full coverage premium
$50
|
Average annual full coverage premium
$604
|
Annual savings vs. State average*
- $337 |
Countryway Insurance
|
Average monthly full coverage premium
$71
|
Average annual full coverage premium
$850
|
Annual savings vs. State average*
- $91 |
USAA
4.3
Bankrate Score
|
Average monthly full coverage premium
$73
|
Average annual full coverage premium
$880
|
Annual savings vs. State average*
- $61 |
State Farm
4.2
Bankrate Score
|
Average monthly full coverage premium
$76
|
Average annual full coverage premium
$908
|
Annual savings vs. State average*
- $33 |
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.
*Based on policies with full coverage for 2023
Cheapest cities in Maine for car insurance
Where you live can impact your rates, too, as different cities and ZIP codes have different average rates. Population density, crime rates, accident rates and local weather patterns can all influence how two cities differ in their average car insurance rates. These relationships are complex enough that the cheapest city for minimum coverage is not always the cheapest for full. Below are the cheapest average cities in Maine for minimum and full coverage, respectively.
City | City average annual minimum coverage premium | Cheapest car insurance company | Company average annual minimum coverage premium |
---|---|---|---|
Newry | $195 | Geico | $214 |
Vassalboro | $196 | Geico | $214 |
East Machias | $197 | Geico | $172 |
Canaan | $197 | Geico | $182 |
Monroe | $197 | Geico | $182 |
City | City average annual full coverage premium | Cheapest car insurance company | Company average annual full coverage premium |
---|---|---|---|
Milbridge | $1,432 | Geico | $624 |
Steuben | $1,432 | Geico | $624 |
Addison | $1,432 | Geico | $624 |
Beals | $1,432 | Geico | $624 |
East Machias | $1,432 | Geico | $624 |
Factors that impact cheap rates in Maine
Personal rating factors like your age, vehicle type, driving record, ZIP code and gender can all affect your car insurance rates in Maine. To help you explore cheap carriers based on your circumstances, we looked at some common scenarios for Maine drivers and analyzed which carriers are writing the cheapest average policies for these shoppers.
Insuring a teen driver
Teen drivers face some of the highest average rates for car insurance. Their lack of driving experience and high accident rate make them a riskier demographic to insure, driving up average rates. It's usually cheaper to add a teen driver to their parents' policy rather than insure them on their own, and drivers under 18 are typically not eligible for their own policy.
Car insurance company | Average annual minimum coverage premium | Average annual full coverage premium |
---|---|---|
Geico | $379 | $1,129 |
Allstate | $521 | $2,905 |
Vermont Mutual | $586 | $2,549 |
Auto-Owners | $637 | $1,915 |
USAA | $660 | $2,483 |
Getting a speeding ticket
A speeding ticket conviction in Maine will likely increase your car insurance rates, even if you switch carriers. Car insurance companies typically see speeding tickets as an indication of risky driving behavior and increase rates accordingly. If you do have a recent speeding ticket on your record, you might find low rates with these five carriers:
Car insurance company | Average annual minimum coverage premium | Average annual full coverage premium |
---|---|---|
Geico | $195 | $604 |
Vermont Mutual | $254 | $975 |
USAA | $257 | $1,007 |
State Farm | $308 | $1,032 |
Auto-Owners | $326 | $971 |
Getting into an at-fault accident
Car accidents can lead to costly claims payouts for car insurance companies, so they typically charge higher rates for drivers who have been involved in accidents, especially at-fault accidents. The following five companies may offer low rates for drivers with an at-fault accident on their record.
Car insurance company | Average annual minimum coverage premium | Average annual full coverage premium |
---|---|---|
Vermont Mutual | $254 | $975 |
Geico | $298 | $928 |
Auto-Owners | $326 | $971 |
State Farm | $347 | $1,147 |
USAA | $347 | $1,334 |
Being deemed a high-risk driver
High-risk drivers may see some of the highest average car insurance rates. You might be considered a high-risk driver if you have a DUI conviction (also called an OUI in Maine). Other potential high-risk infractions include multiple speeding tickets, multiple accidents or driving without insurance. We analyzed rate data for a driver with a single DUI conviction to find the cheapest companies for high-risk drivers. Note that not all carriers will extend coverage to a driver with a DUI.
Car insurance company | Average annual minimum coverage premium | Average annual full coverage premium |
---|---|---|
Countryway Insurance Co. | $335 | $1,168 |
State Farm | $412 | $1,341 |
USAA | $469 | $1,816 |
Geico | $505 | $1,582 |
Bristol West | $508 | $1,460 |
Minimum coverage requirements for Maine drivers
Maine requires licensed drivers to carry a minimum amount of auto coverage. All drivers must carry $50,000 per person and $100,000 per accident in bodily injury protection, $25,000 in property damage coverage, and $50,000 per person and $100,000 per accident in underinsured/uninsured motorist coverage. In addition, all drivers must carry a minimum of $2,000 in medical payment coverage.
Even with these relatively robust minimum coverage requirements, average car insurance rates in Maine are still far lower than many other states. Most insurance professionals recommend carrying more than the minimum required coverage if you can afford to do so. With average rates being so low in Maine, it may make even more sense to purchase full coverage car insurance to protect your financial investment in your vehicle.
How to get the cheapest car insurance in Maine
Although average rates are fairly low in Maine, many drivers may still be looking for ways to save on their premiums. These strategies may help you find low rates and maintain them over time.
Shop around and compare rates
Car insurance companies have unique algorithms for calculating rates, so you may see different quoted rates for the same coverage selections across carriers. Comparing quotes from a handful of the cheapest carriers may show you which company can offer the lowest rates for your personal circumstances. You may also want to compare potential discounts across carriers during the quoting process to see which carriers might have the most applicable savings opportunities for you to take advantage of.
Improve your credit score
Car insurance companies in Maine are allowed to consider your credit history when calculating insurance rates. Improving your credit score by paying bills on time, keeping your credit use ratio low and avoiding unnecessary hard credit checks may lead to lower car insurance rates.
Maintain a clean driving record
Your driving record is a key factor that companies consider when calculating your auto insurance rates. Even if you don't have a perfect driving record, avoiding tickets and accidents may help bring down your rates over time. More severe incidents typically have a bigger impact on your rates, so avoiding incidents like DUIs and reckless driving charges may be especially critical.
Car insurance discounts in Maine
Every insurer has different discounts and eligibility requirements, but most auto insurers do offer some. Options, eligibility, and savings can vary between drivers and locations (sometimes state-specific) as well as insurance companies. Below are some of the more commonly available car insurance discounts that may contribute to Maine car insurance savings: