Who Has Cheap Auto Insurance Quotes for a 20 Year Old Male in Maine?

The make and model of vehicle you are trying to insure is one of the largest factors when consumers are trying to find cheaper insurance for 20 year old guys. Vehicles with lower performance, an excellent safety record, or low incidents of liability claims will cost less to insure than higher performance models. The information below illustrates car insurance costs for some of the cheaper vehicles to buy insurance for.

Data rating is based on single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Maine minimum liability limits. Discounts applied include claim-free, and safe-driver. Information does not factor in the specific area where the vehicle is garaged which can affect coverage rates considerably.

Prices based on single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Maine minimum liability limits. Discounts applied include safe-driver, and claim-free. Rate information does not factor in specific zip code location which can increase or decrease coverage rates significantly.

Data variables include single male driver age 20, no speeding tickets, no at-fault accidents, $500 deductibles, and Maine minimum liability limits. Discounts applied include claim-free, and safe-driver. Price information does not factor in specific Maine garaging location which can impact premium rates considerably.

For young men, one of the more important considerations that helps car insurance companies calculate a rate quote is where you call home in Maine. Areas with more people or more claims like Skowhegan, Lewiston, and Old Town tend to have more expensive car insurance rates, whereas areas with less congestion generally have lower rates.

The table below displays the highest-priced places in Maine for 20 year old guys to purchase auto insurance in.

Prices are comparative as the specific geographic location can impact coverage rates significantly.

How to find a good Maine auto insurance company

Picking the best car insurance company is difficult considering how many companies there are in Maine. The company information below may help you decide which companies to look at when looking for cheaper rates. These ratings are for the companies with a significant amount of written premium nationwide, so companies that focus mainly on Maine business are not taken into consideration for the list.

Top 10 Large Auto Insurance Providers in Maine Ranked by Value

1. The General
2. The Hartford
3. Farmers Insurance
4. Safeco Insurance
5. AAA Insurance
6. 21st Century
7. Travelers
8. State Farm
9. Progressive
10. American Family

Top 10 Large Auto Insurance Providers in Maine Ranked by Customer Satisfaction

1. The Hartford – 93%
2. The General – 91%
3. Progressive – 90%
4. 21st Century – 89%
5. State Farm – 87%
6. Travelers – 87%
7. USAA – 87%
8. Safeco Insurance – 86%
9. AAA Insurance – 86%
10. American Family – 85%

Price comparison of only insuring for liability

Finding cheap car insurance for 20 year old guys in Maine should be important to most drivers, and one good way to pay less for insurance is to not buy comprehensive and collision coverage. The diagram below visualizes the comparison of auto insurance costs with full physical damage coverage compared to only buying liability only. The data is based on a clean driving record, no at-fault accidents, $1,000 deductibles, marital status is single, and no discounts are applied.

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On average, comp and collision coverage costs $866 per year more than carrying just liability coverage. A very common question is if buying full coverage is a good investment. There isn’t a steadfast formula for excluding full coverage on your policy, but there is a guideline you can use. If the yearly cost of comp and collision coverage is more than around 10% of any settlement you would receive from your insurance company, then you might want to think about dropping full coverage.

There are some conditions where removing full coverage is not in your best interest. If you still owe money on your vehicle, you have to keep full coverage as part of the loan conditions. Also, if you cannot afford to purchase a different vehicle if your current one is in an accident, you should maintain full coverage.

Allstate, Geico, Progressive, and State Farm: Who is cheapest?

If you want the best car insurance for young men in Maine, four of the larger companies to compare rates for are Allstate, Geico, Progressive, and State Farm. All of them have a little bit different set of discounts and options that buyers can choose from. The data below illustrates pricing and service ratings, as well as optional policy coverages offered by each one.