Maine state drivers are required to carry minimum auto insurance coverage, which includes bodily injury liability, property damage liability and uninsured/underinsured motorist coverage. To save money on auto insurance policies in Maine it is advisable for residents to shop around with different insurers and adjust their policies if necessary. Cutting costs with auto insurance might seem tempting but remember that skimping too much could leave you exposed if an accident happens – making comparison shopping and policy modifications crucial parts of lowering overall expenses when insuring against such events.
Maine car insurance costs depend on various factors, including a driver’s age, gender and location. According to NeighborhoodScout’s neighborhood analytics site, young drivers in Lewiston typically experience the highest car insurance premiums of any other zip codes; likely due to its higher crime rate which increases property damage coverage rates.
An individual’s driving history also plays a crucial role in the cost of car insurance premiums, with insurers considering past at-fault accidents, speeding tickets and DUI convictions when calculating premiums for policies. A clean record typically leads to lower car insurance rates while even one at-fault accident can increase it by 46% in Maine!
Maine car insurance premiums depend on a driver’s credit score for many reasons, with insurers permitted to consider past driving history when setting rates in this state; those with better scores tend to enjoy lower premiums while those with poor records typically pay more annually; on average, Maine drivers with poor credit pay about $962 more annually for full coverage auto policies than those with excellent records.
No matter your driving record, Maine car insurance can be affordable if you shop around and compare quotes. ValuePenguin has made finding car insurance easier by compiling a list of Maine’s top insurers – such as State Farm, USAA and Travelers. Each earned top ratings on Insurify’s IQ Score rating system; State Farm earned the highest mark.
Keep your car tucked safely into a garage to save on Maine car insurance premiums. Insurers offer discounts for cars parked overnight in an enclosed space. Increasing your deductible could also save money; just remember that doing so means paying more out-of-pocket should an accident arise. However, for the lowest rates possible in Maine car insurance policies consider bundling multiple policies together and taking advantage of discounts offered for good student drivers and multiple vehicles – something Bristol West makes easy with our policy bundles and discounts that apply specifically.