Cheap Maine Auto Insurance Quotes
Even though Maine laws require motorists to carry larger amounts of automobile insurance, the cost of Maine auto insurance is quite low. The average cost of yearly vehicle insurance in the state of Maine is $1,157. Considering that ME is the 11th most expensive state in the U.S., the price that drivers pay for car insurance here isn’t too bad.
The reason for cheap auto insurance existing in Maine 
may be that this state is not too populous and doesn’t have too many weather extremes. Hurricanes, tropical storms, thunderstorms, and tornadoes are rare here. The only issue is cold and snowy winters, but apparently this doesn’t drive the cost of vehicle insurance up here.
Maine is a Tort state. This state requires that motorists carry the following types/amounts of auto insurance: liability ($50,000/$100,000/$25,000), uninsured motorist ($50,000/$100,000), and medical payments ($1,000). PIP (personal injury protection) isn’t required. In actuality, medical payments coverage serves as “curtailed PIP” – in case of an accident with injury, the policyholder will have their medical bills paid up to their policy limit, but not have their lost wages compensated.
As we stated, the cost of auto insurance in ME is low and you have a great chance of finding cheap auto insurance in Maine, from the various companies that offer such plans. For comparison, the cost of car insurance in the state that neighbors Maine – New Hampshire, is much higher. In NH, motorists pay an average of $1,345 for car insurance. This is almost $200 more than in Maine. Plus, NH drivers are purchasing almost twice less coverage – $25,000/$50,000/$25,000 of liability, $25,000/$50,000 of uninsured motorist, and $1,000 of medical payments coverage. The reason that car insurance costs more in New Hampshire may be that this state is more populous, but there are likely to be other reasons as well.
The Pine Tree State is serviced by almost 100 insurance companies – this is an important fact to remember if you want to snag some cheap auto insurance quotes. Someone who’d manage to get a quote from each and every one of these companies would be able to save the most. Even if you can get rate quotes from a large number of the 100 insurers that service your state, your savings should be impressive.
Quotes can be obtained on insurance company websites, by phone, through brokers, and via this website. Just be sure to make notes of the rates, while collecting your quotes. Once that is done, compare the rates and pick a few of the lowest cost ones.
The next step is to check out the carriers offering the lowest deals. This can be done online – at insurance company review websites like A.M. Best and J.D. Power, as well as through the Maine Bureau of Insurance website. Insurance company rating websites will help you determine the financial state and service quality of a given insurer. The Maine Bureau of Insurance is a place where you can find out more information about the insurance company that you’re looking into. This is also the place to find insurance law updates and information, plus study consumer guides and get answers to frequently asked insurance questions.
