Best Cheap Insurance for Drivers with Good Credit in Maine

Trying to buy affordable car insurance is not always easy, and deciding which companies have the cheapest car insurance rates for drivers with good credit will take even more rate comparisons. Policy prices will be somewhat cheaper than the average price in Maine because of the posibility of fewer claims related to offering coverage for financially responsible drivers. Competitively-priced coverage should be easily found with minimal effort.
Every auto insurer has their own process to set their prices, so let’s take a look at the most budget-friendly car insurance companies in Maine.

We do need to point out that Maine car insurance rates are based on many factors which can substantially change your annual premium. This price variability is why it is critical to compare rates when trying to find the best car insurance quotes for drivers with good credit. Auto insurance prices can be determined by many things and can decrease or increase without notice, so the cheapest rate the last time you checked may now be one of the more expensive options.

Best Car Insurance Prices for High Credit

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Travelers may have some of the cheapest car insurance rates in Maine at around $624 per year. USAA, Countryway Insurance, Vermont Mutual, and Patriot also make the cut as some of the lowest-priced Maine auto insurance companies.

As the rates illustrate above, if you buy coverage from Vermont Mutual and switched to USAA, you may realize a yearly price reduction of upwards of $52. Customers with Patriot could save as much as $76 a year, and The Hartford customers might lower prices by $79 a year.

To compare your rates to other Maine insurance companies, click here to get a free quote or visit any of the low-priced companies below.

It’s important to note that these prices are averages for all drivers and vehicles in Maine and do not take into consideration a rate decrease for drivers with good credit. So the auto insurance company that can offer the best rates for your situation may not even be in the list of companies shown earlier. That points out the importance of why you need to compare rates from multiple companies using your own driver and vehicle profiles.

For financially responsible drivers, one of the more important considerations that is looked at to help calculate rate quotes is the neighborhood you call home in Maine. Areas with more people or even just a higher incidence of claims like Winslow, Belfast, and Ellsworth tend to pay slightly more, whereas more rural areas benefit from lower rates.

The table below ranks the most expensive cities in Maine for drivers with good credit to buy auto insurance in.

Rate quotes are estimated as the specific Maine residence address can affect coverage prices significantly.

The type of vehicle you are buying coverage for is one of the biggest factors when shopping around for the most economical coverage for drivers with good credit. Vehicles with limited speed and performance, advanced safety features, or a low likelihood of having liability claims will cost significantly less to insure than adrenaline junky models.

The information below estimates car insurance costs for a handful of the most budget-friendly automobiles to buy insurance for.

Prices above based on married male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Maine minimum liability limits. Discounts applied include homeowner, claim-free, multi-vehicle, safe-driver, and multi-policy. Prices do not factor in Maine location which can decrease or increase auto insurance rates substantially.

Looking at the numbers, you can see that cars like the Honda CR-V, Honda Accord, Dodge Grand Caravan, and Ford Escape will definitely be the most affordable vehicles to insure for financially responsible drivers.

The information below highlights how deductible choice can raise or lower yearly insurance costs when researching cheap insurance for drivers with good credit. Data assumes a married male driver, comprehensive and collision coverage, and no other discounts are factored in.

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A 40-year-old driver could reduce rates by $192 a year by switching from a $100 deductible to a $500 deductible, or save $288 by switching to a $1,000 deductible. Younger drivers, like the Age 20 category, could drop their prices as much as $646 or even more by choosing larger deductibles on their policy. If you make the decision to raise deductibles, it’s a good idea to have enough savings set aside to allow you to pay the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.