Establishing which company offers the cheapest car insurance rates for 19 year olds will involve a tad more effort in order to find coverage that fits your buget. Every insurance provider has a unique approach for determining rates in each state, so let’s rank the car insurance companies with the overall cheapest rates in Maine.
It’s important that you understand Maine car insurance rates are determined by lots of factors that control the cost of having a policy. Simply having a birthday, having a teenage driver, or getting a few speeding tickets can cause premium changes resulting in some companies being more affordable than competitors.
Cheap Insurance Rates for Teens
Rank | Company | Cost Per Year |
---|---|---|
1 | Travelers | $624 |
2 | USAA | $648 |
3 | Vermont Mutual | $693 |
4 | Countryway Insurance | $720 |
5 | The Hartford | $728 |
6 | Patriot | $738 |
7 | MetLife | $794 |
8 | Concord | $840 |
9 | OneBeacon | $859 |
10 | MMG Insurance | $923 |
11 | Progressive | $939 |
12 | State Farm | $943 |
13 | Peerless | $1,012 |
14 | Liberty Mutual | $1,103 |
15 | GEICO | $1,241 |
16 | Allstate | $1,305 |
17 | Bristol West | $1,719 |
18 | Sentry | $2,002 |
19 | Hanover | $2,089 |
View More Rates Go |
Travelers normally has some of the cheapest car insurance rates in Maine at around $624 annually. USAA, Vermont Mutual, Countryway Insurance, and The Hartford also rank well as some of the cheapest Maine car insurance companies.
As the rates illustrate above, if you buy coverage from Countryway Insurance and switched to USAA, you might see a yearly savings of about $72. Policyholders with The Hartford could save as much as $80 a year, and Patriot policyholders might cut rates by $90 a year.
These policy prices are averages for all types of insureds and vehicles and and are not calculated with a price surcharge for 19 year olds. So the auto insurance company that can offer you the best rate may not even be featured in the company chart above. That is why you need to compare rates from multiple companies using your own specific driver information and vehicle.
The car, truck, or SUV that is being insured is a significant factor when quoting the best cheap auto insurance for 19 year olds in Maine. Vehicles with high performance features, a lack of safety features, or high incidents of liability claims will cost substantially more to insure than safer models.
The next table features auto insurance costs for a selection of the cheaper vehicles to insure.
Vehicle Insured | Estimated Cost for Full Coverage |
---|---|
Ford Escape XLS 4WD | $860 |
Honda CR-V EX-L 4WD | $870 |
Chevrolet Traverse LTZ 2WD | $941 |
Toyota Prius | $951 |
Kia Forte EX 4-Dr Sedan | $959 |
Ford F-150 XLT Crew Cab 2WD | $964 |
Hyundai Tucson GLS 4WD | $959 |
Ford Focus SE 4-Dr Sedan | $1,009 |
Chevrolet Impala LS | $1,015 |
Ford Edge SE AWD | $1,009 |
Subaru Forester XT Limited Edition AWD | $1,011 |
Volkswagen Jetta S 4-Dr Sedan | $1,019 |
Chevrolet Malibu Hybrid | $1,025 |
Jeep Grand Cherokee Laredo 2WD | $1,019 |
Toyota Tacoma Double Cab 4WD | $1,026 |
Toyota RAV4 Limited 4WD | $1,019 |
Toyota Camry LE | $1,025 |
Hyundai Santa Fe GLS 4WD | $1,019 |
Chevrolet Equinox LS AWD | $1,029 |
Dodge Grand Caravan SXT | $1,030 |
Subaru Outback 3.6R Premium | $1,035 |
Ford Explorer Eddie Bauer 4WD | $1,030 |
Jeep Wrangler Unlimited Sport 4WD 4-Dr | $1,049 |
Get a Custom Quote Go |
Cost estimates assume single female driver age 19, no speeding tickets, no at-fault accidents, $1,000 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 modify premiums significantly.
Based on these rates, you can expect vehicles like the Ford Escape, Honda CR-V, Chevrolet Traverse, Toyota Prius, and Kia Forte are going to be some of the most budget-friendly vehicles to insure for teenage drivers. Rates will tend to be more expensive because of the fact that there is a higher risk for 19 year olds, but in general those vehicles will have the lowest insurance prices compared to all other vehicles.
The easiest way to snag cheap car insurance prices in Maine for teenage drivers is to drive cautiously and avoid traffic citations and accidents. The illustration below shows how speeding tickets and at-fault fender-benders impact annual premium costs for different categories of driver ages. The information is based on a single male driver, comprehensive and collision coverage, $250 deductibles, and no discounts are applied.
The data above shows the average cost of an auto insurance policy in Maine per year with no accidents or violations is $1,081. Get two speeding tickets and the average cost swells to $1,428, an increase of $347 each year. Now get two accidents along with the two speeding tickets and the 12-month cost of car insurance for 19 year olds jumps again to an average of $2,709. That’s an increase of $1,628, or $136 per month, just for not driving attentively!
Here are many thrifty suggestions that can help you get cheaper car insurance.
The last tip is very valuable, as was noted in the prior article. Prices charged by car insurance companies can change considerably in a year, so drivers shouldn’t hesitate to buy a policy from a new company if a more affordable price is available.
Being loyal to a particular company is commendable, but it isn’t a good idea if that loyalty results in overpaying lots of hard earned cash every month. If you have a few minutes, compare rates and find cheaper auto insurance for 19 year olds.