Cheapest Car Insurance Quotes in Maine (2024)
Concord has the best cheap car insurance in Maine, at $847 per year or $71 per month for full coverage.
Find Cheap Car Insurance Quotes in Maine
Best cheap car insurance companies in Maine
How we chose the top companies
Best and cheapest car insurance in Maine
- Cheapest full coverage: Concord, $71/mo
- Cheapest minimum liability: State Farm, $30/mo
- Cheapest for young drivers: Concord, $147/mo
- Cheapest after a ticket: State Farm, $79/mo
- Cheapest after an accident: State Farm, $85/mo
- Cheapest for teens after a ticket: Concord, $98/mo
- Cheapest after a DUI: Concord, $119/mo
- Cheapest for poor credit: MMG, $121/mo
Monthly rates based on full coverage car insurance for a 30-year-old man. Some rates use different ages or coverage limits.
Concord and State Farm offer the best mix of low rates and great customer service in Maine.
State Farm offers online quotes, which makes it the best choice for Maine drivers looking to compare rates quickly. You'll need to work with a local independent insurance agent to get a quote from Concord.
Cheapest car insurance in Maine: Concord
Concord has the most affordable full-coverage auto insurance quote in Maine, at $71 per month, or $847 per year.
That's 23% cheaper than the state average.
State Farm also offers competitive prices for car insurance, charging $73 per month for full coverage. That's 21% cheaper than the Maine average.
Find Cheap Car Insurance Quotes in Maine
Cheapest full-coverage car insurance in Maine
Company | Monthly rate | |
|---|---|---|
| Concord | $71 |
| State Farm | $73 |
| MMG | $75 | |
| Travelers | $80 |
| Geico | $105 |
*USAA is only available to current and former military members and their families.
Cheapest liability insurance quotes in Maine: State Farm
State Farm offers the cheapest minimum-coverage car insurance quotes in Maine. At $30 per month, minimum-coverage policies from State Farm cost 27% less than the state average.
The average cost of car insurance in Maine is $501 per year, or $42 per month, for minimum liability.
Cheapest minimum-coverage car insurance in Maine
Company | Monthly rate |
|---|---|
| State Farm | $30 |
| MMG | $31 |
| Concord | $39 |
| Travelers | $40 |
| Farmers | $40 |
*USAA is only available to current and former military members and their families.
However, active military service members, veterans and their families may find a cheaper rate through USAA, at $22 per month.
Find Cheap Car Insurance Quotes in Maine
Cheapest car insurance quotes for young drivers in Maine: Concord
Concord has the cheapest widely accessible car insurance quotes in Maine for young drivers. The company has a monthly rate of $85 for minimum coverage and $147 for full coverage. That’s 37% and 52% cheaper than the state average, respectively.
USAA has even cheaper rates for young drivers who want a minimum-coverage policy, charging just $58 per month. However, it's only available to people affiliated with the military.
Company | Liability only | Full coverage |
|---|---|---|
| Concord | $85 | $147 |
| State Farm | $99 | $227 |
| Travelers | $105 | $218 |
| MMG | $113 | $245 |
| Farmers | $156 | $490 |
The average cost of minimum-coverage car insurance for 18-year-old drivers in Maine is $136 per month. That’s more than three times the cost of the same policy for a 30-year-old.
Car insurance for young drivers is more expensive than insurance for older drivers because younger people are less experienced and more likely to get into an accident.
Cheapest car insurance in Maine after a speeding ticket: State Farm
State Farm has the best rates for Maine drivers with a recent speeding ticket, with an average of $79 per month. Its full-coverage auto insurance rate increases by 8% after a ticket.
Company | Monthly rate |
|---|---|
| State Farm | $79 |
| Concord | $81 |
| MMG | $99 |
| Travelers | $106 |
| Geico | $117 |
Insurance companies have found that drivers who speed are more willing to take risks on the road and get in more accidents. As a result, they pay 25% more each month for car insurance on average.
Cheapest car insurance quotes after an accident: State Farm
State Farm has the cheapest rates for drivers in Maine with a recent at-fault accident, charging $85 per month. That's 39% cheaper than the state average of $140 per month.
Company | Monthly rate |
|---|---|
| State Farm | $85 |
| MMG | $93 |
| Concord | $106 |
| Travelers | $118 |
| Progressive | $176 |
Having a single at-fault accident on your driving record can drastically increase your rates. Drivers in Maine can expect an increase of 52% on average, although every company is different. State Farm raises rates by just $12 per month after an accident. Farmers customers will see the biggest increase, at $87 each month.
Cheapest car insurance for young Maine drivers after a ticket or accident: Concord or State Farm
Concord offers the cheapest rate for young drivers in Maine with a recent speeding ticket on their record. At Concord, an 18-year-old will pay just $98 per month for minimum coverage after a ticket.
State Farm has the cheapest insurance for teens after an accident, at $119 per month for minimum coverage.
Company | Ticket | Accident |
|---|---|---|
| Concord | $98 | $130 |
| State Farm | $108 | $119 |
| Travelers | $135 | $153 |
| MMG | $142 | $146 |
| Geico | $177 | $241 |
Just like older drivers, younger drivers pay more for car insurance after they receive a speeding ticket or are at fault in a crash. But teens are already higher-risk drivers, so the impact they see on their rates after one of these incidents is relatively small — just 17% after a speeding ticket, and 36% for a crash.
Cheapest car insurance quotes in Maine after a DUI: Concord
Concord has Maine's most affordable insurance rates for drivers with a DUI. Its average cost is $119 per month for full coverage. That's 41% cheaper than the state average of $202 per month.
Company | Monthly rate |
|---|---|
| Concord | $119 |
| Travelers | $123 |
| MMG | $126 |
| Progressive | $128 |
| Allstate | $184 |
Getting a DUI in Maine can cause your auto insurance rates to more than double. It's among the most serious driving violations, and drivers who are caught drunk behind the wheel pay much more for coverage because they're deemed risky to insure.
Cheapest car insurance for drivers with poor credit: MMG
MMG has the cheapest car insurance rate for Maine drivers with bad credit, at $121 per month for a full-coverage policy, which is 40% less than the state average.
Concord is also a great choice for drivers with poor credit, at $122 per month.
Cheapest Maine car insurance for poor credit
Company | Monthly rate |
|---|---|
| MMG | $121 |
| Concord | $122 |
| Travelers | $132 |
| Geico | $159 |
| Progressive | $189 |
Having poor credit can result in higher car insurance prices because insurers see drivers with lower credit scores as more likely to file a claim. In Maine, a poor credit score can increase your insurance rates compared to a driver with a good credit score.
Best car insurance companies in Maine
USAA and State Farm are the best-rated insurers in Maine.
Both companies have high customer service scores and a superior financial strength rating. That means their customers are likely to have their claims and other issues resolved quickly, should any arise. But USAA is only available if you have served in the military or have a parent or spouse who has had USAA coverage at some point in their lives.
Company |
Editor's rating
|
J.D. Power
|
AM Best
|
|---|---|---|---|
| USAA | 881 | A++ | |
| State Farm | 842 | A++ | |
| Concord | NR | A+ | |
| Geico | 835 | A++ | |
| Travelers | 829 | A++ |
Average cost of car insurance in Maine by city
Drivers in Presque Isle have the most affordable auto insurance quotes in Maine, with an average rate of $84 per month for full coverage, 8% cheaper than the state average.
West Poland drivers pay the highest rates, averaging $100 a month, or 9% higher than average.
Where you live can impact your car insurance quotes as much as your driving habits. However, rates in Maine don't have a wide range from city to city. There is only a $16-per-month difference in the cost of full-coverage car insurance between the most and least expensive locations statewide.
Cheap ME car insurance near you
City | Monthly rate | % from average |
|---|---|---|
| Abbot | $88 | -4% |
| Acton | $95 | 4% |
| Addison | $94 | 3% |
| Albion | $94 | 3% |
| Alfred | $92 | 0% |
Minimum requirements for auto insurance coverage in Maine
As in nearly every state, Maine drivers are required to have a minimum amount of liability insurance to drive legally. The legal requirement in Maine provides more liability coverage than most states, with a minimum policy written for 50/100/25.
Coverage | Limit |
|---|---|
| Bodily injury (BI) liability | $50,000 per person and $100,000 per accident |
| Property damage (PD) liability | $25,000 per accident |
| Uninsured and underinsured motorist (UM/UIM) liability | $50,000 per person and $100,000 per accident |
| Medical payments | $2,000 per person |
Drivers can also satisfy the liability requirement with a combined liability limit of $125,000.
Still, it's a good idea to get a full-coverage policy, which includes protection for damage to your own vehicle, regardless of fault.
What's the best car insurance coverage for ME drivers?
Minimum-coverage car insurance is the cheapest insurance option that meets Maine's legal requirements. However, unlike full-coverage policies, minimum coverage doesn't include comprehensive and collision insurance, which pay for damage to your vehicle as a result of a collision, theft, vandalism or natural disasters, regardless of who's at fault.
A full-coverage policy includes both comprehensive and collision coverage, which cover damage to your car after most car accidents, thefts, natural disasters and vandalism.
While minimum coverage is typically less expensive, buying less liability coverage and forgoing comprehensive and collision coverage can be risky. We recommend full-coverage auto insurance for most drivers.
Frequently asked questions
Who has the best car insurance quotes in Maine?
Concord offers some of the most affordable rates in Maine, with full-coverage insurance starting at only $71 per month, along with great customer service and a superior financial stability score. State Farm has the best price for minimum-liability coverage, at $30 per month.
How much is car insurance in Maine?
The average cost of car insurance in Maine is $92 per month, or $1,100 per year, for a full-coverage policy. The national average cost for full coverage is $165 a month.
How much is car insurance in Portland, Maine?
Although Portland is Maine's largest city, its average auto insurance rate is in line with the state average, at $92 per month for a full-coverage policy.
Methodology
ValuePenguin collected thousands of car insurance quotes from ZIP codes across Maine for the state's largest insurers. Rates are for a 30-year-old man who drives a 2015 Honda Civic EX with a good credit score.
The full-coverage policies used have comprehensive and collision coverage.
- $50,000 of bodily injury liability coverage per person, and $100,000 per accident
- $25,000 of property damage liability
- $50,000 of bodily injury uninsured motorist coverage per person, and $100,000 per accident
- $25,000 of uninsured motorist coverage for property damage
- $2,000 of medical payments coverage per person
- Collision and comprehensive coverage with a $500 deductible
Minimum-coverage policies use the minimum required limits in Maine. Quotes for young drivers are based on a minimum-coverage policy unless otherwise noted.
ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only. Your own quotes may be different.
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.