Best Cheap Car Insurance Quotes for Immigrants in Maine

Comparing rates for cost effective insurance is hard enough, and determining which insurers offer the lowest-priced auto insurance rates for immigrants requires even more work. Each auto insurer has their own unique process for setting rates, so we need to take a look at the lowest cost auto insurance companies in Maine.

We do need to point out that Maine auto insurance rates are based on many factors that can increase the cost of having a policy. Improving your credit rating, buying another vehicle, or getting into an accident can trigger price changes resulting in some companies being higher when they were quite affordable.

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Travelers may have some of the best car insurance rates in Maine at around $624 a year. USAA, Countryway Insurance, Vermont Mutual, and Patriot also make the cut as some of the best Maine insurance companies.

As the rates illustrate above, if you are a customer of USAA and switched to Travelers, you could see a yearly price reduction of about $5. Insureds with Countryway Insurance may save as much as $75 a year, and Vermont Mutual customers might reduce prices by as much as $90 a year.

To find the best cheap auto insurance for immigrants in Maine for your vehicle, click here to start your free quote or visit any of the companies below.

Bear in mind that those policy prices are averaged for all insureds and vehicles and and are not calculated with a price discount for immigrants. So the company that has the cheapest rates for you may not even be shown in the chart above. That points out the importance of why you need to quote rates from as many companies as possible using your own driver information and specific vehicle type.

When buying insurance for foreigners, one of the key considerations used to establish insurance cost is the neighborhood you call home. Areas with more people or higher crime rates like Ellsworth, Auburn, and Waterville tend to have more expensive car insurance rates, whereas areas that tend to be more rural have the gratification of the best cheap auto insurance for immigrants in Maine.

The table below shows the highest-priced places in Maine for immigrants to purchase a policy in.

Table data uses comparative as the specific area where the vehicle is garaged can revise rates greatly.

The vehicle model that is being insured is a significant factor in finding economical car insurance for immigrants. Vehicles with average performance, good safety features, or low incidents of liability claims will cost less to insure than adrenaline junky models.

The next table shows coverage prices for a number of the more afforable automobiles to buy coverage for.

Data rating is based on single male driver age 30, no speeding tickets, no at-fault accidents, $500 deductibles, and Maine minimum liability limits. Discounts applied include claim-free, homeowner, multi-policy, safe-driver, and multi-vehicle. Rate quotes do not factor in the specific area where the vehicle is garaged which can change premium rates greatly.

Looking at the numbers, we can tell that makes and models like the Honda CR-V, Ford Escape, and Honda Accord are most likely to be the less-costly vehicles to insure for foreigners.

Maine auto insurance companies ranked

Finding the best auto insurance provider can be challenging considering how many different companies there are to choose from in Maine. The company information shown next can help you analyze which car insurance providers you want to consider when comparing auto insurance rates for immigrants. These rankings include the largest companies in America, so smaller companies are not included in this list.

Cost of full coverage

Finding the best cheap auto insurance for immigrants in Maine is important to the majority of drivers, and an easy way to find cheap insurance is to buy only liability coverage. The diagram below compares insurance prices with full physical damage coverage compared to only buying the minimum liability limits required in Maine. Data assumes no claims, a clean driving record, $500 deductibles, marital status is single, and no other discounts are factored in.

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If we average the cost for all age groups, physical damage insurance costs an extra $1,313 per year over and above liability only. That proposes the question if it’s worth it to buy full coverage. There is no exact formula to eliminate full coverage on your policy, but there is a general school of thought. If the annual cost of having full coverage is 10% or more of replacement cost minus your deductible, then you might consider buying liability only.

For example, let’s pretend your vehicle’s claim settlement value is $12,000 and you have $1,000 deductibles. If your vehicle is severely damaged, the most you would get paid by your company is $11,000 after the deductible is paid. If you are currently paying more than $1,100 a year for comprehensive and collision coverage, then it’s probably a good time to buy liability coverage only.

There are a few cases where eliminating full coverage is not financially feasible. If you have an outstanding loan on your vehicle, you have to keep full coverage to satisfy the loan requirements. Also, if you cannot afford to purchase a different vehicle in case of an accident, you should not remove full coverage.

Is State Farm, Geico, Allstate, or Progressive cheaper?

If you want the best auto insurance for foreigners, four good companies to start with are State Farm, Geico, Allstate, and Progressive. When combined, they have over 45% of all vehicles in the U.S.. The following table compares and contrasts pricing and service ratings, as well as optional policy coverages shoppers can find with each company.