Best Maine Car Insurance Companies 2021

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The state of Maine has over 21,000 miles of public highways, which is more total mileage than any other state in New England. It has roughly 17 acres of forestland, 3,500 miles of coastline and 436,064 acres of state and national parks. Essentially, Maine is a heaven for drivers who enjoy a good view.

In 2018, Maine’s Bureau of Motor Vehicles recorded 1,040,583 licensed drivers in the state, of which 119,000 were motorcycle owners. Lucky for Maine drivers, the roads are relatively safe compared to other states. In 2018, there were 32,713 reported crashes on Maine roads and 153 fatal accidents. However, the rate of car accidents in Maine is on the rise, and drivers need to purchase auto insurance to protect themselves in the event of a collision.

Finding the best car insurance for your needs can be difficult with so many options on the market. 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 the cheapest car insurance companies available to Maine residents. These providers are highly rated in J.D. Power’s 2020 U.S. Auto Insurance Study in the New England region. To find the best car insurance in Maine, we look to the experts in the industry, including J.D. Power, A.M. Best and average rates. Each scores the car insurance company by customer satisfaction, financial strength, and price. These are the top-rated car insurance providers in Maine:

J.D. Power customer satisfaction score AM Best financial strength rating Average annual premium for full coverage
Allstate 807/1000 A+ $1,328
Geico 841/1000 A++ $568
State Farm 855/1000 A++ $791
USAA 895/1000 A++ $738

Allstate

Allstate is a great insurance provider for many types of 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 drivers who drive for rideshares or who drive less can find options to get the coverage they need.

Geico

Geico is known for offering excellent insurance policies that are among the most affordable in the industry. With an extensive 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 was the second runner up on J.D. Power’s list, receiving a rating of 855 out of 1000 for overall satisfaction 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 Safe program rewards safe drivers, and the Steer Clear program helps young drivers solidify safe driving habits while saving money on premiums.

USAA

USAA consistently wins top ratings for delivering the best customer service in the industry. Whether you are pricing a new policy, filing a claim or simply checking out the online resources, USAA is an excellent choice for car insurance in Maine. The only drawback is that only members of the military and those related are qualified for USAA car insurance. It doesn’t have a lot of discounts, but the low cost of premiums makes up for it.

Average cost of car insurance in Maine

The average cost of car insurance in Maine is $782 per year for full coverage car insurance. This is almost $1,000 less than the national average of $1,738 for full coverage car insurance as shown in the table below:

Average annual premium for minimum coverage in Maine Average annual premium for full coverage in Maine
$227 $782

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 if you’re 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.

How to get the best car insurance

To get the best car insurance, 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 characteristics and your driving habits and history. Be honest about your circumstances such as your past driving records and any accidents you had in the past when speaking with an agent to discuss insurance premiums.

Thankfully Maine drivers on average pay almost $1,000 less than the national average on full coverage car insurance. However you may still be considering obtaining the minimum coverage. It’s generally a better idea to go ahead and subscribe for the full coverage instead so that you don’t end up paying more in medical bills and car repair costs.

Evaluate your needs

The best car insurance company for one person may not be the best for another so one of the most important things you can do when searching for a car insurance company in Maine is to evaluate your individual needs. Car insurance companies look at multiple factors before providing a quote. Main factors include your credit history, driving and accident record and vehicle make and model.

For example, if you have had accidents in the past, you may want to consider looking at insurance companies with an accident forgiveness program like Geico and Allstate, so it will prevent your insurance coverage price from going up after your first accident.

Consider state factors

State factors are important to consider as insurance companies offer state-specific coverage options depending on the geography and climate of your state. Maine is prone to heavy snowfalls, so adding emergency roadside assistance may be a smart choice. Another add-on for climate related incidents can be flooding and engine protection to protect your vehicle from any weather-related damages.

Car insurance discounts in Maine

The car insurance companies on our list all offer a variety of discounts that can help Maine drivers save money on their annual premium. The best car insurance Maine has for you may depend on which discounts you can get.

Allstate offers lower premiums for customers that:

  • Insure a new car
  • Get good grades in school
  • Pay their premium in full

Geico customers can cut costs if they:

  • Insure multiple vehicles
  • Serve in the military
  • Wear their seatbelt

State Farm helps drivers save money by:

  • Being accident-free for three years
  • Taking a defensive driving course
  • Having certain safety features on your vehicle

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 isn’t one insurance company in particular that will offer the cheapest rates for Maine residents across the board. The cost of your insurance depends on your age, your credit score, you driving history and discounts you are eligible for.

What information is needed to get car insurance in Maine?

To get insurance, you’ll have to submit information about your car, such as the year, make, model and if it’s owned or leased. You’ll 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 can 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 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 cleaning 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 sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.