Maine Car Insurance
Though it has been the setting for many movies and novels by Stephen King, many people don’t realize that Maine is also a very popular vacation destination for people from all over the country. The picturesque ocean views and beautiful countryside keep thousands of people coming back to visit the Pine Tree State every year. This influx of drivers on the roadways along with Maine’s harsh winters make it absolutely essential that all Mainers maintain adequate insurance coverage on their vehicle. CarInsuranceQuotes.com is dedicated to helping Maine residents find the lowest possible car insurance rates for their vehicles from well known car insurance companies so they can feel comfortable traveling no matter what time of year it is.
Maine Car Insurance Minimums
Because of the hazards that all Maine motorists must deal with on a day to day basis, the state has set minimum insurance requirements that all residents must maintain for their vehicles. Maine has some of the highest liability minimums in the country. At this time the minimum requirements in the state of Maine are 50/100/25 for bodily injury liability and property damage liability per vehicle.
• Bodily Injury Liability- Bodily injury liability covers medical expenses for the driver and passenger of the other vehicle if the insured party is found to be at-fault in the accident. Under the minimum coverage, the insurance company will pay a maximum of $50,000 for a single person up to a maximum of $100,000 for all persons injured in the accident.
• Property damage Liability- Property damage liability is intended to pay for physical damages to the other driver’s vehicle as well as public property such as street signs and private property such as a person’s home. If the minimum policy is held, the insurance company will pay a maximum of $25,000 for damages incurred.
Unlike many other states, Maine also requires that its drivers obtain some form of Uninsured/Underinsured Motorist protection. UM protection helps pay for medical expenses and damages to the insured’s vehicle if the at-fault driver fails to have sufficient coverage or the vehicle is damaged by a hit and run. UM protection is essential for Mainers since only one other state meets the same minimum requirements for their liability coverage.
It is also recommended that all Mainer motorists obtain Comprehensive and Collision coverage in the event that the insured driver is found to be at-fault or their vehicle is damaged by an act of nature such as a thunderstorm or wildlife.
Fortunately for Maine residents, the average price of insurance premiums is much lower than most other states. In fact, the 5.8% drop from $1484 to $1403 between the years 2006 and 2007 have helped make Maine the fourth lowest state in the country. These averages can vary widely depending on factors such as a person’s vehicle, driving history and credit. This is where CarInsuranceQuotes.com can help. CarInsuranceQuotes.com searches online car insurance companies like Allstate, Farmers’ Insurance Group and Nationwide to find our customers in Maine and elsewhere multiple low cost Maine car insurance quotes so they can choose the price they like from an insurance company they can trust. And getting quotes has never been easier! After entering their Zip code, CarInsuranceQuotes.com customers will be asked a few general questions about their driving history. Then CarInsuranceQuotes.com finds Maine car insurance quotes in a matter of moments. The entire process takes less than five minutes; and best of all, it’s free!