MAINE Auto Insurance

Minimum Coverage: Car insurance coverage in Maine must provide minimum $50000 or injury liability person in an accident, $100000 for all injuries in an accident, and $25000 for property damage in an accident. Of course, these are low minimums, and you should consider higher levels of coverage, particularly if you have assets to protect. Maine insurance companies to offer optional coverage's such as medical payments, collision, comprehensive, and uninsured and underinsured motorists' bodily injury coverage.

You are required by law to have certain minimum level of coverage:

Mandatory Coverage	Minimum Requirement
Bodily Injury Liability (BI): When you are at fault in an accident, pays for accidental injury to or the death of another driver, the other driver's passengers, passengers in your car, and pedestrians.	$50,000 per person $100,000per accident
Property Damage (PD): When you are at fault in an accident, pays for the repair or replacement of other people's cars or property.	$25,000 per accident

Medical payments, PIP, and no-fault coverageMedical payments (MedPay) coverage will pay for your and your passengers' medical expenses after an accident. Personal injury protection (PIP) and broader "no-fault" coverages are expanded forms of medical payments protection that may be required in your state. Some states have optional PIP or no-fault coverage. Expanded features include payments for lost wages and childcare.

State	DUI/ DWI	Young Driver Licensing	Safety belt usage	Motorcycle Helmet use	Red light Camera	Child Restraint Use
ME	Fair	Fair	Marginal	Good	Poor	Poor

For some coverage, you can buy higher limits than the minimum required. Your insurance producer or company representative can provide complete details.

Maine Auto Insurance Law

Most auto liability insurance policies contain three major parts: liability insurance for bodily injury, liability insurance for property damage; and uninsured/under-insured motorists coverage. Bodily injury liability insurance does not protect you or your car directly. If you are the cause of an accident in which other people are injured, this insurance protects you against their claims for damages such as medical expenses, lost wages, and pain and suffering. This insurance coverage will also pay if the accident was caused by a member of your family living with you or a person using your car with your permission.

Every owner or a car, bus, or truck must have insurance, without insurance, you cannot register your vehicle, and you must immediately surrender your registration and license plates to the county director of finance.

 

Mandatory Requirements:

Auto insurance is a legal requirement in most states and Maine is not an exception. State laws typically say that as a driver, you either must have insurance, or be able to provide evidence that you have the financial resources to pay a judgment against you, if you are responsible for causing damage or injury to another person/property. An insurance policy is the easiest way to document that you can pay damages if you must. You also need auto insurance to protect yourself financially.

In accordance with Maine auto insurance law, other acceptable documents to prove insurance include:

1.	A temporary insurance card issued by the insurer.
2.	A premium receipt or insurance binder issued by the motorist's insurance agent.
3.	The current declarations page of a liability insurance policy.
4.	The actual liability insurance policy issued for the vehicle.
5.	A certificate of liability insurance policy issued by either the insurer or an authorized agent.
6.	Proof of purchase of a motor vehicle with the previous 60 days and a valid insurance card issued for the motor vehicle replaced by such purchase. The proof of purchase is to be a copy of the bill of sale if the vehicle is a pre-1975 year model, or the owner's permit (yellow) copy of the application for certificate of title for a 1975 and subsequent year model vehicle.
7.	A copy of the rental agreement when renting a motor vehicle, which specifies the insurance coverage.

How Auto Insurance Rate Are Determined in Maine

The price of Maine auto insurance is decided by the behavior of the state's drivers as a whole. Maine auto insurance companies take the cost of insuring Maine drivers (this includes what they pay out for injury and damage, legal and administrative fees, and the cost of prosecuting insurance fraud) and divide it up among the drivers.

But these costs aren't spread around evenly. Instead, Maine car insurance providers calculate how much a certain "category" of driver costs them, and decide premiums based on that. The "category" you're in is decided by your driving record, your age, where you live, and the kind of car you drive, among other things.Of course, not all auto insurance providers use the same categories and calculations, so the same set of characteristics (yours!) will be seen very differently by different insurance companies. And they'll quote you different rates.

 

Why Choose Advantage One Insurance?

Enjoying the freedom and mobility your vehicle provides is part and parcel of the American dream. Our job is to help you protect that dream.