Best car insurance in Maine for 2021

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As the largest state in New England, Maine has over 22,000 miles of highways and more than 3,400 miles of coastline. Essentially, Maine is a haven for drivers who enjoy a good view. And luckily for Maine motorists, driving in the state is generally safe compared to other states.

Of reported accidents in 2020, the Department of Transportation (DOT) indicates 157 ended fatally — significantly lower than many other states, which saw upwards of 300 fatal incidents. But even with statistically better road safety, car insurance provides critical financial protection for the unexpected accidents that may occur.

Finding the best car insurance for your needs can be overwhelming with so many options on the market. Bankrate’s insurance editorial team evaluated the top carrier options (by market share) in the state and evaluated each one based on 2021 premiums, coverages and customer satisfaction scores to see how each compares. Before making a decision, consider the cost of your premium, your deductible, discounts you qualify for and how much coverage you need.

Best car insurance companies in Maine

To simplify your auto insurance shopping, we put together a list of some of the best car insurance companies available to Maine residents, many of which offer competitively low rates. These providers are highly rated in the 2020 J.D. Power Auto Claims Study. Feedback from customers who settled a claim with at least one of 25 providers were used to determine customer satisfaction ratings. We also factored in average annual rates provided by Quadrant Information Services to help determine the best car insurance in Maine based on quoted premiums. These details were also factored into our Bankrate score for each one, as outlined below in the methodology. These are the top-rated car insurance providers in Maine:

Provider Bankrate score Average annual full coverage premium J.D. Power customer satisfaction score
Allstate 3.6 $1,479 876/1,000
Farmers 3.8 $1,320 872/1,000
Geico 4.6 $578 871/1,000
State Farm 4.4 $811 881/1,000
*USAA 4.7 $718 *890/1,000

*Due to membership eligibility restrictions, USAA is considered rank-ineligible by J.D. Power.

Allstate

Allstate may be a great insurance provider for many Maine drivers. It offers a long list of discounts that help drivers save on their premiums. Drivers can also bundle on home and auto insurance for additional savings. Allstate’s Drivewise program helps you be a safer driver and save money on your premiums, and rideshare drivers or drivers who drive less have options to get the coverage they need.

Geico

Geico is known for offering essential car insurance policies in many states that are among the most affordable in the industry, and Maine is no exception. With a decent list of coverage options, add-ons and discounts, drivers in Maine can find a tailored insurance policy for your circumstances and needs. Geico has options for motorcycle and rideshare drivers as well as lots of options for bundling auto insurance with renters insurance, home insurance and life insurance.

State Farm

State Farm, popularly recognized as a “good neighbor” insurer, receives a score of 881 out of 1,000 points for overall satisfaction by J.D. Power, based on reviews from real customers. State Farm offers additional benefits for students and teen drivers and has superior financial strength according to AM Best. The Drive Safe and Save program rewards safe drivers, and the Steer Clear program helps young drivers solidify safe driving habits while saving money on premiums.

USAA

USAA consistently earns high customer satisfaction scores for delivering one of the best customer service experiences in the industry. Whether you are pricing a new policy, filing a claim or simply checking out the online resources, USAA could be an excellent choice for car insurance in Maine. However, only members of the military and family members are qualified for USAA insurance policies. Its low average premiums and dedicated military coverage, including options for deployments, make it worthy of consideration for eligible members.

Average cost of car insurance in Maine

The average cost of car insurance in Maine is $294 per year for minimum coverage and $965 per year for full coverage car insurance. Compared to the national average car insurance rate of $1,674 per year for full coverage, drivers in Maine pay just over $700 less than the average U.S. driver. Additionally, Maine’s average annual premiums are considerably less than its neighboring state, New Hampshire. New Hampshire motorists pay $310 more annually than Maine motorists, at $1,275 annually for full coverage:

Average annual premium for minimum coverage in Maine Average annual premium for full coverage in Maine
$294 $965

State minimum insurance requirements in Maine

In Maine, all drivers are required to have a minimum amount of insurance. All drivers must have:

  • $50,000/$100,000 in bodily injury protection
  • $25,000 in property damage coverage
  • $50,000/$100,000 in underinsured/uninsured motorist coverage

If you hit another vehicle, your insurance policy would pay for $50,000 in medical expenses for one passenger and $100,000 for anyone else injured in the accident. The $25,000 in property damage would pay for repairs to another car or structure such as a fence that you might have hit.

Lastly, your $50,000/$100,000 underinsured/uninsured motorist coverage protects you financially if you are in an accident with a driver that does not have insurance or does not have enough coverage to pay for damages to your car or your medical expenses. However, these amounts are just the minimums and will not cover damage caused to your personal vehicle.

Experts recommend purchasing extended coverage, including collision and comprehensive, to offer more financial assistance in paying for expensive claims. Additionally, you will likely be required to purchase full coverage if you are leasing in order to protect the loan.

How to get the best car insurance

To get the best auto insurance in Maine, you can take multiple steps to aid you in your research process. With the insurance market saturated with so many options, it can be challenging to find the best car insurance for you. A good place to start is by researching some of the top rated insurance companies and comparing these companies with an online insurance comparison tool.

In Maine, the biggest things that can affect your car insurance premiums include your individual circumstances and your driving habits and history. For example, while average premiums vary by state, you may also want to consider how state-specific conditions impact you as far as preferred coverages are concerned. Because heavy snowfall is relatively common in the state and can lead to hazardous road conditions, you may choose to add emergency roadside assistance to their policy — especially if you tend to drive heavily during winter months.

When it comes to personal factors, it is often beneficial to consider both your insurer’s criteria as well as your own. Insurers usually determine rates by looking information regarding your age, vehicle type and credit score. With this in mind, it could help to prepare this information and have it readily available when applying for multiple quotes. To ensure that you find the best coverage for your needs, consider which items matter most to you — such as having rental reimbursement or first-accident forgiveness — to narrow down your list of qualifying providers. From there, you could talk through pricing more in-depth with an agent to settle on a policy.

Car insurance discounts in Maine

The car insurance companies on our list all offer a variety of discounts that could help Maine drivers save money on their annual premium. The best car insurance company in Maine may depend on which discounts you can get. Some common options include:

  • Safe driver: Many providers offer programs or apps that track your driving habits and offer discounts based on safe behavior.
  • New car: If your car is brand new or less than one year old, you may qualify for savings when you insure it.
  • Accident-free: Having a clean driving record could pay in terms of how much you spend for auto insurance, as many providers offer a discount for being accident free.
  • Multi-policy: When you insure two or policies, like home and auto, you are generally eligible for considerable savings with a multi-policy discount.

Frequently asked questions

Is car insurance required in Maine?

Yes, all drivers in Maine must purchase a certain amount of insurance coverage as required by law.

What is the best car insurance in Maine?

There is not one insurance company in particular that will offer the best policy or cheapest rates for Maine residents across the entire market. The cost of your insurance depends on your age, credit score, driving history and discounts you are eligible for. However, Maine has several of the best car insurance providers available, which could be a great starting point for comparison.

What information is needed to get car insurance in Maine?

To get insurance, you typically have to submit information about your car, such as the year, make, model and if it is owned or leased. You will also have to provide information about yourself, including your age, where you live, your driving record and when you were first licensed. Some companies also require a social security number.

How can I save money on my car insurance?

You could save money on your car insurance by taking advantage of discounts, raising your credit score, improving your driving record, taking a defensive driving course and increasing your deductible.

Methodology

Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. 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 coverages that meet each state’s requirements. Our base profile drivers own a 2019 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.

Bankrate Scores:

Bankrate scores primarily reflect a weighted rank of industry standard ratings for financial strength (AM Best, S&P, Moody’s) and customer experience (J.D. Power, NAIC), in addition to average quoted rates from Quadrant Information Services. The J.D. Power studies utilized include the 2020 Auto Insurance Study and the 2020 Auto Claims Study. Our Bankrate editorial team’s extensive research and analysis provided a secondary assessment of each insurer’s online and mobile resources and policy management options, which also contributed to overall ratings.

Written by
Mariah Posey
Insurance Editor
Mariah Posey is an insurance writer and editor for Bankrate.com specializing in auto and home insurance. She aims to make the insurance journey as convenient as possible by keeping the reader at the forefront of her mind in her work. With a background in reporting and feature writing, she has a knack for conducting research, writing factually while incorporating compelling details, and prioritizing story intent. Mariah is originally from New Jersey and holds a bachelor’s degree in journalism from Elon University. Prior to joining the team, she worked as a copyeditor and writing consultant at her alma mater. She has covered topics ranging from news to tech and lifestyle and has a vested interest in producing engaging content for audiences.
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