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Best Cheap Car Insurance in Maine for 2020

Jan. 2, 2020
Auto Insurance, Insurance
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If you’re looking for cheap car insurance in Maine, you may already know that finding the best deal can be challenging. Insurance costs vary depending on your age, gender, where you live, your driving record and other factors. In addition, rates can change considerably from one insurance company to the next, which is why shopping for the best deal is well worth your while.


To help in your search for the cheapest Maine auto insurance, NerdWallet researched the state’s 10 largest insurers and found the five cheapest options for several types of drivers.

Cheapest for good drivers in Maine

For a Maine driver with good credit and a clean driving record, these are the cheapest insurers we found, ranked by their average rates for full coverage:

  1. Concord Group: $613 per year.
  2. MetLife: $747 per year.
  3. State Farm: $779 per year.
  4. Frankenmuth: $799 per year.
  5. Geico: $799 per year.
Drivers with no recent accidents or violations can get cheaper car insurance rates for having good credit. For this calculation, NerdWallet averaged rates for 40-year-old men and women with a clean driving record and good credit. In terms of driving and credit history, a large portion of drivers are closest to this profile, which carries standard "full coverage" insurance, including comprehensive and collision, along with state-required coverage. Prices shown include a good driver discount, when available from the insurer.

Cheapest for minimum coverage in Maine

For bare-bones coverage, the cheapest companies and average rates for Maine’s minimum required insurance are:

  1. Frankenmuth: $265 per year.
  2. Concord Group: $268 per year.
  3. Geico: $276 per year.
  4. MetLife: $304 per year.
  5. State Farm: $306 per year.
We calculated these numbers by averaging rates for 40-year-old good drivers (earning them a discount if the insurer offers one) who have only the minimum mandatory insurance in their state. Such light coverage isn't typically recommended, since it might not cover all the bills resulting from a car accident, but it's better than nothing — especially if you can't afford much more. If you're looking for the cheapest possible insurance you can get, though, you'll still want to get quotes from at least three auto insurers.

Cheapest for good drivers with poor credit

For a Maine driver with a good driving record and tarnished credit, here are the insurance companies with the cheapest average rates for full coverage:

  1. Concord Group: $896 per year.
  2. Geico: $1,113 per year.
  3. Frankenmuth: $1,242 per year.
  4. MMG: $1,538 per year.
  5. Progressive: $1,629 per year.
If you have a spotty credit history, it's important to shop around to find the cheapest auto insurance rates you can. Poor credit can have a bigger effect on car insurance premiums than even a DUI conviction or a recent at-fault crash, but prices vary by insurer. To calculate these figures, NerdWallet averaged rates for 40-year-olds with a clean driving record and associated good driver discount, if the insurer offered one. They had poor credit as reported to their insurer, and standard "full coverage" car insurance.

Cheapest for drivers with one at-fault crash

When a Maine driver has recently caused an accident, these are the cheapest insurers we found, listed with their average rates for full coverage auto policies:

  1. Concord Group: $811 per year.
  2. Frankenmuth: $860 per year.
  3. State Farm: $932 per year.
  4. MMG: $1,136 per year.
  5. Geico: $1,186 per year.
After a relatively minor crash, some auto insurers will charge a lot more than others for coverage. To get these figures, we averaged rates for 40-year-olds with typical "full coverage" insurance and one recent at-fault crash costing $10,000 in property damage. Your rates will remain high for three to five years after you cause an accident or have a moving violation. If you fall into this category, be sure to shop for new insurance rates just after the three-year and five-year anniversaries of your infraction.

Cheapest insurance after a DUI in Maine

For a Maine driver whose record includes a recent DUI, these are the cheapest insurance companies and average rates for full coverage policies:

  1. State Farm: $855 per year.
  2. Concord Group: $1,023 per year.
  3. Progressive: $1,151 per year.
  4. Geico: $1,417 per year.
  5. MMG: $1,573 per year.
A conviction for driving under the influence, or DUI, generally results in higher auto insurance premiums than before. NerdWallet analyzed rates for 40-year-old drivers and standard “full coverage” car insurance with a recent DUI conviction to see which companies were cheapest. Rates can vary by hundreds between carriers after a DUI, and some penalize for longer than others, so it’s important to shop around for the best price right after you see a price hike and each year after that.

Cheapest insurance after a ticket in Maine

For drivers in Maine with a recent speeding ticket on their record, the cheapest insurers and average rates for full coverage are:

  1. Concord Group: $704 per year.
  2. State Farm: $855 per year.
  3. Frankenmuth: $856 per year.
  4. Geico: $1,055 per year.
  5. MMG: $1,127 per year.
Getting a speeding ticket will result in higher car insurance rates from most companies for three to five years. To see who has the cheapest rates, we calculated average car insurance rates for 40-year-old drivers with “full coverage” insurance and a recent ticket for speeding 16 mph over the limit. Though these larger companies were the cheapest we found on average, others may be cheaper for you, so be sure to get at least three quotes before deciding on a carrier.

Cheapest for couples and families in Maine

When you add more cars and drivers to your policy, it’s smart to take another look at your auto insurance. Companies apply rates and discounts in different ways, so the insurers with the lowest prices for singles may not be the cheapest for couples and families. Comparing insurance quotes after any big life event — such as marriage, moving, or adding a teen driver — can help ensure you get the cheapest possible rates. Here’s what we found in Maine when we analyzed rates for a married couple and a family with three drivers.

Cheapest for a married couple in Maine

For a couple in Maine, these are the cheapest insurers and average rates for full coverage on two vehicles, assuming the husband and wife are both 50 years old with clean driving and credit histories:

  1. Concord Group: $908 per year.
  2. MetLife: $1,021 per year.
  3. MMG: $1,150 per year.
  4. Progressive: $1,156 per year.
  5. Geico: $1,160 per year.
Couples who live together can save on auto insurance by combining policies, whether they are married or not, because they can earn multi-car and multi-driver discounts. Once they tie the knot, rates can dip further, but not because of discounts — insurers see married people as less risky and so charge them lower rates. Our hypothetical 50-year-old couple’s clean driving record also earns them both a good driver discount.

Cheapest for families with a teen in Maine

For a 50-year-old couple in Maine with an 18-year-old driver on the insurance policy as well, here are the cheapest companies and average rates for two vehicles with full coverage:

  1. Concord Group: $1,650 per year.
  2. Geico: $1,842 per year.
  3. MMG: $2,213 per year.
  4. State Farm: $2,259 per year.
  5. MetLife: $2,458 per year.
Taking that same couple and adding a teen with two years’ driving experience is sure to cause a big jump in rates. Since different insurers tend to see a teen’s inexperience in different ways, we analyzed rates to see which companies had the cheapest car insurance for teens. These rates are averaged for 50-year-old couples with male and female 18-year-old drivers across the state.

Cheapest for young drivers in Maine

When you’re in your 20s, you may not be eligible for the cheapest auto insurance rates — but you can still save money by shopping around and comparing quotes. Although young people often face steeper prices than more seasoned drivers, each insurer views age and driving experience differently, so rates can vary widely. To see which companies are cheapest for young drivers, we examined rates for 25-year-olds in Maine.

Cheapest full coverage for young good drivers

For full coverage, these are the cheapest insurance companies and average rates for a 25-year-old Maine driver with good credit and a clean driving record:

  1. Concord Group: $814 per year.
  2. State Farm: $911 per year.
  3. Geico: $939 per year.
  4. MetLife: $992 per year.
  5. Frankenmuth: $1,147 per year.
Drivers in their 20s can have a hard time finding cheap car insurance, and that's even truer when they need full coverage. The rates above are averages for 25-year-old male and female drivers all over the state with comprehensive and collision coverages, which are often required for drivers with active auto loans or leases. These rates reflect a good driver discount, but no others. Young drivers, like all drivers, should check several quotes to find the cheapest for the coverage levels they need.

Cheapest minimum coverage for young good drivers

For Maine’s minimum required insurance, the cheapest companies and average rates for a young driver are:

  1. Geico: $313 per year.
  2. State Farm: $358 per year.
  3. Frankenmuth: $375 per year.
  4. Concord Group: $379 per year.
  5. MetLife: $405 per year.
Since young people often have fewer assets to protect with liability insurance, they can usually get away with lower coverage limits. For an age group with relatively high insurance rates on average, that's good news, keeping rates as low as possible. For this price set, we averaged rates for 25-year-old male and female drivers living across the state who have clean driving records, good credit and bare-bones insurance coverage.

Poor credit and minimum coverage

A 25-year-old driver in Maine with poor credit and a good driving history may want to consider these companies, which showed the cheapest average rates for minimum coverage:

  1. Geico: $411 per year.
  2. Concord Group: $540 per year.
  3. Frankenmuth: $584 per year.
  4. Allstate: $672 per year.
  5. Progressive: $717 per year.
Poor credit is common for younger folks just starting out, who may still be building their credit files. That can increase rates further, so it's extra important to shop around and compare as many insurance quotes as possible to find the cheapest you can get. For these prices, we averaged rates across the state for 25-year-old male and female drivers with no recent accidents or violations (earning them a good driver discount), minimum coverage car insurance, and credit in the "poor" tier as reported to an insurer.

Cheapest for minimum coverage after a crash

For a young driver in Maine who’s at fault in a recent wreck, the cheapest insurance options and average rates for minimum coverage are:

  1. State Farm: $436 per year.
  2. Geico: $442 per year.
  3. Frankenmuth: $444 per year.
  4. Concord Group: $509 per year.
  5. MMG: $641 per year.
To get prices for this group, we averaged rates for 25-year-old male and female drivers across the state with good credit and a recent at-fault crash costing $10,000 in property damage. Since car insurance is often pricier after a crash, and especially so for young drivers, we assumed minimum required insurance in the state to contain costs for our hypothetical driver. If you've caused a crash, no matter your age, be sure to check auto insurance quotes just after the third and fifth anniversaries of your incident, when insurers often adjust rates downward.

Cheapest for minimum coverage after a DUI

These insurance companies showed the cheapest average rates for minimum coverage for 25-year-old drivers in Maine with a recent DUI on their records:

  1. State Farm: $397 per year.
  2. Geico: $512 per year.
  3. Progressive: $535 per year.
  4. Concord Group: $634 per year.
  5. Allstate: $645 per year.
Young drivers with a recent DUI on their records will need to be diligent to find the lowest car insurance rates they can get — it's likely that many companies' rates will be quite expensive. But spending the time to shop around for quotes can help you find the lowest. For this analysis, we averaged rates for male and female 25-year-old drivers with a recent on-record DUI. They had good credit and minimum required car insurance, which helps keep rates down.

Cheapest for minimum coverage and a ticket

After a speeding ticket, the cheapest insurers and average rates for a young Maine driver buying minimum required coverage are:

  1. Frankenmuth: $375 per year.
  2. Geico: $388 per year.
  3. State Farm: $397 per year.
  4. Concord Group: $435 per year.
  5. Allstate: $546 per year.
Getting a speeding ticket is never fun, and neither is the higher car insurance bill you may receive months later. At that point it's time to shop around for better rates, and it wouldn't hurt to repeat on your third and fifth ticket anniversaries, when insurers may adjust rates downward. We analyzed rates for 25-year-old male and female drivers with a recent speeding violation for going 16 mph over the speed limit to see prices for this group.

Cheap for military families

For Maine drivers with a military connection, cheap car insurance is often available through USAA. We didn’t rank USAA alongside other companies because its policies are offered only to active service members, veterans and their families. But in Maine, USAA was among the three cheapest options for every driver type listed above.

Recap: Cheapest car insurance in Maine

  • Good drivers: Concord Group
  • Minimum coverage: Frankenmuth
  • Poor credit: Concord Group
  • After an at-fault crash: Concord Group
  • After a DUI: State Farm
  • After a speeding ticket: Concord Group
  • Married couples: Concord Group
  • Families with a teen: Concord Group
  • Young good drivers: Concord Group
  • Minimum coverage for young good drivers: Geico
  • Minimum coverage for young drivers with poor credit: Geico
  • Minimum coverage for young drivers after a crash: State Farm
  • Minimum coverage for young drivers after a DUI: State Farm
  • Minimum coverage for young drivers after a ticket: Frankenmuth

» MORE: Compare car insurance

Minimum required auto insurance in Maine

Maine law requires every vehicle owner to carry liability insurance, uninsured/underinsured motorist coverage and medical payments coverage. Liability insurance covers others’ expenses (up to your limit) if you’re at fault in the accident. Here are the minimum car insurance requirements in Maine:

  • $50,000 bodily injury liability per person.
  • $100,000 bodily injury liability per accident.
  • $25,000 property damage liability per accident.
  • $50,000 uninsured/underinsured motorist coverage per person.
  • $100,000 uninsured/underinsured motorist coverage per accident.
  • $2,000 medical payments coverage.

Maine’s minimum liability requirements are among the highest of any state, although experts generally recommend getting more than the minimum. Causing a car accident could result in injury or repair bills higher than the amounts legally required. You may also want to consider collision and comprehensive coverage for damage to your own vehicle.

For more information about car insurance law in Maine, check out NerdWallet’s guide to state car insurance requirements.

Alternative car insurance in Maine

High-risk drivers who are unable to buy Maine car insurance through the open market may qualify for coverage through the Maine Automobile Insurance Plan. Because this group tends to be in more accidents and make more claims, drivers will pay significantly higher rates.

For help searching for the cheapest car insurance in Maine, use NerdWallet’s car insurance comparison tool to compare car insurance rates.

Methodology

For our “good driver” profile, NerdWallet averaged rates from the largest insurers in the state for 40-year-old men and women in all ZIP codes with 12,000 annual miles driven. The policy includes:

  • $100,000 bodily injury liability per person.
  • $300,000 bodily injury liability per accident.
  • $50,000 property damage liability per accident.
  • $100,000 uninsured motorist coverage per person.
  • $300,000 uninsured motorist coverage per accident.
  • Collision coverage with a $1,000 deductible.
  • Comprehensive coverage with a $1,000 deductible.
If required, minimum additional coverages were added. Our “young driver” had all the same characteristics, but average rates were for 25-year-old men and women. We used the same assumptions for all other driver profiles, with the following exceptions:

  • For drivers with minimum coverage, we adjusted the numbers above to reflect minimum required coverage by law in the state.
  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for drivers with poor credit.
  • For drivers with one at-fault crash, we added a single at-fault crash costing $10,000 in property damage.
  • For drivers with a ticket, we added a single speeding violation for driving 16 mph over the speed limit.
  • For drivers with a DUI, we added a single drunken driving violation.
We used a 2016 Toyota Camry LE for all single drivers. Couples in our analyses were 50-year-old men and women with good credit and clean driving histories, averaged across all ZIP codes with the same policy outlined above. To see rates for families with a teen, we added an 18-year-old licensed two years ago, averaging rates for male and female teens. For couples and families we added a 2016 Nissan Rogue S to create a two-car household. These are rates provided by Quadrant Information Services. Your own rates will be different.