In 2005, the average car insurance expense in Maine was $644. Today, just a few years later that number has jumped to $1,285. This represents a percentage increase of about 100%. In other words, the price of car insurance in Maine has doubled in only three years and even though it is not as bad as the price of gasoline drivers are still feeling the pinch. So what’s the best way to get cheap auto insurance in Maine? By educating yourself on the varying rates in Maine and comparing auto insurance quotes you can be well on your way to saving a fortune on car insurance.
Maine Car Insurance Coverage Requirements
All drivers in Maine must have the following coverage before hitting the roads:
- Bodily injury liability per person greater or equal to $50,000
- Bodily injury liability per accident greater or equal to $100,000.
- Property damage liability greater or equal to $25,000.
- Medical coverage of $1000 or more.
- Uninsured motorist protection of $50,000 per person and $100,000 per accident.
It should be pointed out these are coverage minimums and may not cover your legal obligations if you are sued. A good rule of thumb is to consider your net worth when deciding how much liability coverage you need.
Additional Maine Auto Insurance Information
Need more information or want have a complaint about your insurance provider? You can contact the Maine Department of Insurance for more information.
Department of Professional & Financial Regulation
Maine Bureau of Insurance
No. 34 State House Station
Augusta, ME 04333-0034
Toll Free: 1-800-300-5000