Maine Car Insurance Quote
The minimum car insurance coverage required by motorists in Maine is determined by the state of Maine, though the rates for identical coverage and similar coverage options can differ between various car insurance companies. In the state of Maine, the minimum amount of car insurance coverage is Bodily Injury Liability coverage of $50,000 per injured person up to a total of $100,000 per accident and $25,000 Property Damage Liability coverage. This type of car insurance coverage is often referred to in the insurance industry as 50/100/25 coverage. In addition, the state of Maine requires its residents to maintain a minimum of Personal Injury Protection (PIP) in the amount of $1,000 and Uninsured/Underinsured motorist coverage of $50,000 per person, $100,000 per accident. Personal Injury Protection is applied towards reasonable and necessary medical expenses that might be incurred by you or your passengers. Uninsured/Underinsured motorist coverage is applied towards any bodily injury you might receive should you be involved in a car accident with an uninsured or underinsured driver.
The state of Maine also follows a Tort system, which is different from the traditional No-Fault system. When using the Tort system, the motorist who is determined to be the cause of the accident, or at fault', and their insurance company are responsible for all damages that occur as a result of the accident. Specific details regarding the Tort System can vary between states; however you can review the complete details of the Tort System and its application in Maine or any other state by contacting your State Insurance Regulator. For your convenience, Quotecarinsurance.com provides a State Insurance Regulators web page that provides a list of links to all State Insurance Regulators websites.
According to statistics, the average amount paid for car insurance by Maine residents in 2003 was $730, while the national average was at $914! Maine residents were obviously lucky enough to be amongst those who were paying lower car insurance rates in 2003, and now Quotecarinsurance.com makes it even more predictable and easier to pay less for your car insurance. Quotecarinsurance.com provides you with the tools and resources you need to compare the individual rates offered by a multitude of car insurance companies that all want your business-and all have different rates for identical or similar coverage. In addition, to get a better than average low rate on car insurance in Maine, Quotecarinsurance.com enables you identify which insurance companies offer car insurance policy discounts that are applicable to your specific vehicle and your lifestyle. For example, some car insurance companies will provide a discount to those who are members of certain professions or organizations, or to drivers who have remained accident free for a specific period of time, or to a student driver who maintains good grades. These types of discounts allow you to reduce your car insurance premium without having to make additions or changes of any kind to your current lifestyle or your choice of vehicle and are well worth investigating, especially when Quotecarinsurance.com makes it so easy to do!
There is even more good news for residents of Maine in regards to car insurance rates-2007 rates are expected to be .5% to 1% less than 2006 rates! It is important to note that in from 1997 to 2000, the average auto insurance premium in Maine increased by 21.67% and residents were paying car insurance premiums of approximately $600. Quotecarinsurance.com and related industry web sites have helped to bring about the projected 2007 decrease in car insurance rates by empowering consumers with the advanced technology and professional expertise that has increased competition amongst car insurance companies and therefore reduced car insurance rates for consumers.