Cheap Auto Insurance with Multiple Speeding Tickets in Maine

Wouldn’t it be great if you could just magically know the one company that has the cheapest coverage with multiple speeding tickets? It’s just not that simple, as there are a whole bunch of unknown factors such as whether you just want liability only, if you are currently insured, if you had any at-fault accidents in the last few years, and the amount of coverage you want, that all have an effect on the price of a policy. The content below will cover some of these things and will hopefully give the reader a jump start in finding the best auto insurance.

One of the key criteria that helps auto insurance companies calculate car insurance rates is where your car is garaged. Areas with more people like Auburn, Lewiston, and Ellsworth are more likely to pay higher prices, whereas areas that tend to be more rural can boast about having cheaper rates.

The table below rates the highest-priced places in Maine with multiple speeding tickets to buy car insurance in.

Prices are comparative as the specific geographic location can revise insurance rates greatly.

Finding dependable, cost effective auto insurance is not the easiest thing to accomplish, and determining which companies offer the most affordable car insurance rates with multiple speeding tickets will require a little more work.

Each insurer uses different criteria to set policy rates, so let’s begin by examining the most budget-friendly car insurance companies in Maine.

Best Auto Insurance Prices with License Points

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USAA normally has some of the cheapest car insurance rates in Maine at around $622 annually. Travelers, Countryway Insurance, Vermont Mutual, and The Hartford would also make the list of some of the most economical Maine insurance companies.

As depicted above, if you are a policyholder with Vermont Mutual and switched to Travelers, you may realize annual savings of roughly $70. Maine drivers with The Hartford may save as much as $90 a year, and Patriot customers might reduce prices by as much as $101 a year.

Be aware that those premiums are averaged across all drivers and vehicles and are not factoring in a rate discount with multiple speeding tickets. So the car insurance company that fits your situation best may not even be shown in the list above. That illustrates why you need to quote rates from as many companies as possible using your own driver and vehicle profiles.

Should you buy full coverage?

Finding cheap auto insurance with multiple speeding tickets in Maine is the goal of most drivers, and one way to buy cheaper insurance is to only buy liability coverage. The example below illustrates the comparison of insurance costs with full coverage compared to only the Maine minimum liability coverage. The data is based on no claims or driving citations, $500 deductibles, marital status is single, and no other discounts are factored in.

If we average the cost for ages 20 through 70, comp and collision coverage costs an additional $1,293 per year over having just liability coverage. Many people question when is the right time to remove full coverage. There is no set guideline to stop buying physical damage coverage, but there is a general guideline you can use. If the yearly cost for physical damage coverage is more than about 10% of the replacement cost minus the deductible, then you might consider buying liability only.

For example, let’s say your vehicle’s settlement value is $9,000 and you have $1,000 full coverage deductibles. If your vehicle is totaled, you would only receive $8,000 after the deductible is paid. If it’s costing in excess of $800 annually for physical damage coverage, then it might be time to buy liability only.

Discounts on Maine car insurance rates

Insurance companies that offer cheap auto insurance with multiple speeding tickets in Maine may also give you rate discounts that could potentially reduce rates by as much as 25% or more if you meet the requirements. A list of car insurance companies and some of the premium reductions they offer can be read below.

The information below compares car insurance rates with and without discounts being applied to the rates. The costs are based on a female driver, one violation and no at-fault accidents, Maine state minimum liability limits, full coverage, and $250 deductibles. The first bar for each age group shows insurance cost with no discounts. The second shows the rates with passive restraint, homeowner, anti-theft, marriage, vehicle safety, and paid-in-full discounts applied. When drivers qualify for the discounts, the the average amount saved on car insurance with multiple speeding tickets is % or $.

Find cheap auto insurance with multiple speeding tickets in Maine

Lowering your rates is not difficult, and here are some penny-pinching ideas that can help Maine drivers buy cheaper coverage.

• Serious violations like DUI or reckless driving can increase rates dramatically
• Higher deductibles mean lower rates
• Increase your credit rating
• Drop full coverage on older vehicles
• Being accident-free can lower rates significantly
• Buy a car with high safety ratings
• Comparison shop frequently

That last piece of advice is remarkably vital, as was affirmed in this article. Insurance rates in Maine adjust frequently, so don’t be hesitant to buy from a different company if you can save money.

Having a favorite company is great, but it’s not a good idea if that devotedness results in you overpaying a small fortune. In just a couple of minutes you could compare prices to find cheaper insurance with multiple speeding tickets.

Who has the cheapest insurance quotes after a few driving violations?

Thanks to the internet, there are a lot of ways to find affordable car insurance in Maine, but the most prevalent ways are from a captive (or exclusive) agency such as State Farm or Allstate, an independent insurance agent, or direct online or over the phone from a company like Progressive or Geico.

Each way has the same basic process, but shoppers should understand the differences in how they provide price quotes.

Independent insurance agencies work for many companies and can quote your policy with every one. These types of agents do not sell for just one brand and can give you a larger rate selection, which can help you get a better chance of saving money. If your agent finds a cheaper company, you can get a different policy which prevents you from having to find an new insurance agent.

Exclusive agencies are restricted to a single company, two of the more popular are an Auto-Owners or State Farm agent. They are unable to compare rates from other companies, so they really need to provide good service.

Consumers who buy car insurance direct forego a local agent and instead shop direct either online or via phone. Shopping direct may be good for people who do not need risk management and know more than average about the limitations of car insurance.

So which method is best to find cheap auto insurance with multiple speeding tickets in Maine? We’d like to tell you shopping direct saves money since there is no need to pay agent commissions, but that turns out to not be true. It could also be said buying from an independent agent guarantees the lowest rates because you have more choices, but again, it’s not a sure thing. In many cases, exclusive agents may have prices that independents and direct companies can’t touch.

Because it’s impossible to say who has the best car insurance rates, the best method to ensure you are not overpaying for car insurance is to compare, compare, and compare some more. Be sure to get rate quotes from independent agents, exclusive agents, and direct companies to have enough rates to compare. For a list of companies with some of the cheapest Maine car insurance rates, click here to view.