Your car insurance rates are affected by several factors. However, Lewiston ME car insurance companies consider some factors to be more important. Additionally, factors that are important to one insurance agency may not be important to others. You should keep this in mind on your hunt for cheap car insurance in Lewiston ME. Among all the factors that influence your car insurance rates, you should pay particular attention to the amount of coverage you are trying to buy. This factor goes a long way in determining what your Lewiston ME auto insurance rates will look like. As a driver, you should make a budget for the kind of insurance or coverage you want. Keep in mind that the higher the insurance coverage your want, the higher your insurance rates will be. Your budget should carefully guide your quest for the cheap auto insurance Lewiston ME has to offer.
You might be wondering why vehicle insurance is such a big deal. Well, the reason is simple. Most US states require their drivers and car owners to carry some form of insurance or the other. States all have a minimum insurance requirement for drivers who wish to operate within the state. This minimum insurance will help drivers cover for any damage or injury they cause to others in covered accidents for which they are at fault.
Before purchasing an auto insurance policy, you should know your financial limits. You should only purchase insurance that you can comfortably pay for. Anything more could leave you in debt and worse off than before you bought the policy. Also, you should know how much coverage you need for your car. Some cars are worth every penny paid for coverage, while some cars are worth less than the amount paid to insure them. The best auto insurance companies in Lewiston ME, all offer different coverage for all kinds of situations. Your best bet would be to compare as many rates as possible before picking a company.
The Best Cheapest Lewiston ME Car Insurance Companies
Lewiston ME auto insurance rates are amongst the cheapest in the country. As such, drivers have several options when it comes to purchasing policies. If you are searching for the best car insurance companies Lewiston ME has to offer, you must keep an eye out for the following;
- The company’s premiums
- The kinds of coverage the company offers
- The discounts offered by the company
- Customer reviews of the company
These things are a good indication of whether the company will be a good fit for you. Also, you should note that the cheapest Lewiston ME car insurance rates are not necessarily the best. The rates could be cheap, but the coverage could also be significantly lacking for your purposes. Make sure to do your research as carefully as possible. This is the only way to find the best auto insurance companies Lewiston ME hosts.
Here’s a table showing the best insurance agencies in Lewiston ME based on the cheapest rates. The list was compiled using the profile of a single middle-aged driver.
| Rank | Company | Annual Payment |
| 1 | USAA | $684 |
| 2 | GEICO | $791 |
| 3 | Progressive | $865 |
| 4 | Concord Group | $973 |
| 5 | Travelers | $1,157 |
| 6 | Safety Group | $1,249 |
| 7 | Metropolitan | $1,285 |
| 8 | State Farm | $1,361 |
| 9 | Vermont Mutual | $1,478 |
| 10 | Farmers | $1,546 |
| 11 | MAPFRE Insurance | $1,589 |
| 12 | Bristol West | $1,682 |
| 11 | MMG Insurance Company | $1,751 |
| 12 | Allstate | $1,864 |
| 13 | Nationwide | $1,973 |
| 14 | Arbella Insurance Group | $2,162 |
Once you purchase your car insurance policy, your job’s not done. Asides from paying for insurance, you will need to compare quotes on a regular basis. By comparing auto insurance rates, you will confirm whether your current rates are the cheapest rates available.
Full coverage costs more than the state-required minimum. However, it also provides more coverage, going as far as reimbursing you if your car is lost in an accident, natural disaster, or stolen. Bear in mind that your actual rates will most likely differ from the rates shown here. Your specific driver profile will dictate what your actual car insurance rates will be.
Average Cost Of Car Insurance In Lewiston ME
On average, Lewiston ME auto insurance costs about $1,167. However, the actual rate of each driver is determined by their unique driver profile. Your age, driving history, gender, credit history, and several other factors can all influence your rates.
You should know that drivers in Maine typically pay $805 on average for car insurance. This figure is much lower than the national average cost of car insurance, $1,352 per annum. As a result, Maine is regarded as one of the more pocket-friendly states when it comes to purchasing car insurance.
Lewiston Auto Insurance Requirements
Drivers and car owners in Lewiston ME are all required to carry proof of insurance while behind the wheels of a vehicle. Being caught driving without one car results in severe penalties.
The minimum car insurance that all Lewiston ME drivers must buy is known as the Minimum Liability Insurance. This insurance offers coverage of
- $50,000 bodily injury liability per person
- $100,000 bodily injury liability per accident
- $25,000 property damage liability per accident
The bodily injury helps you pay for any injury that you cause to others in a car crash. The minimum limits set by the state of Maine for this coverage are $50,000 for any injury or fatality of a single individual injured in a car crash and $100,000 for any injury or fatality of multiple people. Most insurance agencies refer to this coverage as the 50/100. This is a clear indication of what the insurance limits are for such situations. You should pay attention to this as your insurer will only cover you up to your insurance limit and not a dollar more. If the payments exceed the limits on your policy, you will need to carry the additional financial responsibility by yourself.
The property damage liability insurance works differently from bodily injury liability insurance. It covers you for property damage rather than injuries or deaths. In Maine, the minimum limit of this coverage is $25,000. Insurance companies generally refer to the minimum liability insurance as the 50/100/25 insurance. The 25 here refers to the property damage insurance. You should know that any financial responsibility in excess of the set limit is yours to bear.
However, what if you are hit by an uninsured driver? Uninsured drivers, or underinsured, as the name implies, do not have enough coverage for any damage they may cause. This kind of situation is quite common. The Insurance Information Institute reveals that about 4.5% of all Lewiston ME drivers do not carry adequate insurance. That’s about one in every twenty drivers, a significant number. To protect the interest of drivers, the state set a minimum limit for uninsured/underinsured motorist coverage. The limits are:
- $50,000 per person
- $100,000 per accident
This insurance coverage will help you pay for your hospital bills if you are ever hit by an uninsured or underinsured driver. It also applies to hit-and-run situations too. You can also add the Medical Payments coverage to your policy. This will help you cover the medical expenses of all involved in the accident, regardless of who the at-fault driver is. The minimum limit for this is $2000 per person for each accident.
How To Get Cheap Car Insurance Quotes In Lewiston ME?
The hunt for the cheap car insurance Lewiston ME has to offer can be a long one. However, there are several ways to find the best and most affordable car insurance quotes Lewiston ME car insurance companies have to offer. By using these methods, you can save money on car insurance without having to leave the state or changing your provider. You can also use these methods as short-term fixes while you are building a clean driving record or increasing your credit score.
Your first choice is to ask your agency for discounts. The best auto insurance companies Lewiston ME has to offer all offer one discount or the other. You can get a discount on your auto policy if you bundle your vehicle insurance with other insurance policies with the same agency. A common example is bundling your homeowner’s/renter’s insurance policy with your car insurance policy. You can also earn discounts for yourself just by being a member of an organization or union. Working in some specific companies and professions can also help you earn a discount on your premium. There are also good student discounts for young drivers who maintain excellent grades in school. Additionally, drivers can earn discounts for taking part in a defensive drivers’ course. Even parents who have teen drivers on their policies can earn discounts while the teen driver is away at college. The point is there are many discounts available; ask your agency to find out which you qualify for and how to qualify for others.
Another choice is to install certain safety security devices in your car. Some Lewiston ME auto insurance companies will offer you reduced rats just for doing this. Doing this also benefits you as it keeps you safe while you are behind the wheel and can help you easily locate your car if it’s ever stolen. Keep in mind that some installed devices will track your activity behind the wheel. So, if you are ever overspeeding or driving erratically, your insurer will also get this information. They will definitely charge you accordingly.
Raising the deductibles on your insurance policy is another great option. Deductibles are the sum you agree to pay by yourself before the insurance agency has to step in. Raising it will raise the minimum limit at which your agency has to step in, and they will lower your rates according to this limit. It is an excellent idea to keep reviewing your car insurance policy each year. This will help you to keep an eye on things as your driving profile changes. For instance, a previous speeding ticket will disappear from your profile with time. As such, you should expect to see a change in your offered rates in regards to this change. Another example is when your credit score improves. Basically, as your profile changes, so will your rates. Make sure to carry out policy reviews every year or every six months, depending on your policy.
Lewiston ME Cheap Car Insurance Quotes For Young Drivers
The best car insurance companies in Lewiston, ME, consider drivers younger than 25 to be young drivers. These drivers are regarded as lacking in experience and as such as high-risk drivers. Statistically, young drivers are involved in more accidents than their older drivers. Nonetheless, there are companies that offer more affordable car insurance quotes in Lewiston ME. It’s always a great idea to compare rates before signing on with a company.
Here are the best auto insurance companies Lewiston ME has to offer young drivers.
| Company | Annual Payment |
| Geico | $1,287 |
| Concord Group | $1,361 |
| Travelers | $1,482 |
| Progressive | $1,571 |
| Metropolitan | $1,685 |
| Countryway | $1,892 |
| State Farm | $2,175 |
| MetLife | $2,361 |
Keep in mind that insurance premiums vary significantly across auto insurance agencies since each company uses its unique formula to calculate your rates. Your premium can be influenced by factors such as your demographics, the make and model of your automobile, your driving record, and so on.
The rates on this list assume that the driver is purchasing full coverage. Full coverage is a mix of several kinds of car insurance, and as such, it is naturally more expensive. Under full coverage, you gain access to comprehensive coverage, collision coverage in addition to the required liability insurance. You should keep in mind that the rates shown here will not be the rates you are offered. Your exact rates will be based on your personal circumstances and, as such, will be uniquely tailored to you. The rates here are just rough estimates meant to guide you while you are searching for the cheap auto insurance Lewiston ME has to offer.
Lewiston ME Car Insurance For Drivers With A Good Record
Drivers with clean driving records are typically awarded lower insurance premiums than others. A clean record implies that you have no recent history of car accidents or speeding tickets, or fines. It also means you have not received a DUI citation recently. Generally, insurers consider such drivers as low-risk drivers and offer them affordable car insurance quotes in Lewiston ME. On average, good drivers in Lewiston ME save about 31% on their auto insurance fees. This figure is quite close to the national average of about 32%.
Asides from being offered lower rates, good drivers can expect to receive more discount offers. These discounts can help you save as little as 5% of your rates and as much as 10% depending on your profile. A good rule of thumb is low-risk drivers are more trustworthy and, as a result, earn lower rates than high-risk drivers.
The best car insurance companies Lewiston ME offers to good drivers looking for full coverage are:
| Insurance Company | Full Coverage |
| Allstate | $2,092 |
| Farmers | $2,165 |
| GEICO | $2,241 |
| Nationwide | $2,289 |
| State Farm | $2,361 |
| Vermont Mutual | $2,452 |
| Progressive | $2,498 |
| Allied | $2,571 |
Cheapest Minimum Coverage For Young Good Drivers In Lewiston ME
Young drivers typically pay for more car insurance. This has already been established. However, young drivers can save on car insurance by opting for just the minimum coverage insurance. By purchasing such a policy, they can meet the state requirements without having to break the bank.
Here are the best auto insurance companies Lewiston ME offers to young drivers looking to buy the minimum coverage.
| Company | Annual Payment |
| Geico | $479 |
| Concord Group | $562 |
| Nationwide | $641 |
| Safety Group | $687 |
| Progressive | $735 |
| Countryway | $789 |
| State Farm | $862 |
| Vermont Mutual | $973 |
While the rates for young drivers are usually higher than the rates offered to older drivers, there are some ways for young drivers to get lower rates. Young drivers looking for cheap car insurance Lewiston ME can compare as many rates as possible. This will help them identify the best offers available. As a young driver, you can also ask about available discounts. Discounts can help you lower your insurance rates by a significant amount. You should only consider the rates shown here as rough estimates. Your actual premium will definitely vary based on your unique driver profile.
Best Coverage For Multiple Cars In Lewiston ME Car Insurance
Shopping for auto insurance is much easier than it used to be. You can easily find the cheap car insurance Lewiston ME has to offer from the comfort of your home. Vehicle owners can also earn discounts on their car insurance for insuring more than one car with the same agency. The amount of savings you can earn on average for insuring multiple cars is shown below.
| Number of Cars | Insurance Cost |
| 2 Vehicles | $1,857 |
| 3 Vehicles | $2,739 |
| 4 Vehicles | $3,682 |
Make sure to carry out adequate research and compare as many rates as possible. Once you have done this, you are finally ready to hunt for the cheap auto insurance Lewiston ME has to offer. Lewiston ME car insurance agencies are eager to help you ensure your cars. The more cars you bring, the more savings you can earn on car insurance. However, you should know that your savings will be based on your unique driver profile. The savings shown here is just a rough guide, so you know what to expect.
Cheap Auto Insurance Quotes In Lewiston ME By Age
As a rule, drivers in their teens and early twenties pay more for car insurance than middle-aged drivers. This rule holds true for all states across the United States. The reason for this is simple, younger drivers are less experienced and more likely to get into car crashes than middle-aged drivers.
Insurers generally consider middle-aged drivers to be safer drivers, and as such, they earn more affordable car insurance quotes in Lewiston ME.
| Age of Driver | Insurance Cost |
| 17-19 | $3,359 |
| 20s | $1,437 |
| 30s | $1,182 |
| 40s | $1,027 |
| 50s | $1,056 |
| 60s | $1,152 |
| 70s | $1,357 |
Statistically, drivers younger than 25 are involved in more auto crashes than drivers that are 25 and older. Full coverage insurance is usually less expensive than having to pay out of your own pocket. If you can afford to pay for one, you should. This will help you save up money if you are ever in a car accident. The rates shown here are just estimates and not reflections of your actual rates.
Cheap Car Insurance In Lewiston ME After A Car Accident
Insurance agencies all have unique opinions on how much to raise your auto insurance premium after a car accident. On one extreme end, some companies can raise the rates by more than twice their original value for at-fault drivers. The other driver may not even see a raise or just a slight increase in their rates. There are cases where the average premium rate was raised by as much as $916. That’s why to get the cheap car insurance Lewiston ME has to offer; you should compare as many quotes as possible. By carrying out this rate comparison, you will be able to pick the best rates for you.
The best car insurance companies Lewiston ME has to offer drivers after a car crash are:
| Company | Average Rate |
| Geico | $1,473 |
| Concord Group | $1,586 |
| State Farm | $1,641 |
| MetLife | $1,689 |
| Travelers | $1,762 |
| Progressive | $1,895 |
| MMG | $2,176 |
| Countryway | $2,375 |
Keep in mind that the cheapest rates are not necessarily the best rates. You should keep your eye on your driver profile and the car insurance companies around you. A car crash can change your driver profile drastically, and the rates offered by your current provider after a car crash may not be the best for your particular situation at that moment. The rates shown here are just averages intended to show you what to expect when you are out shopping for cheap Lewiston ME auto insurance.
Who Offers The Cheap Car Insurance Rates In Lewiston ME For Married Couples?
On average, married drivers usually pay less for coverage than single drivers. Most insurance companies consider married drivers as lower-risk drivers. There is also a higher chance for married drivers to insure more than one car with the same agency earning a multi-car discount.
Concord Group offers the most affordable car insurance quotes to Lewiston ME married drivers. It is closely followed by GEICO who offers the second most affordable quotes.
| Company | Average Rate |
| Concord Group | $1,361 |
| Geico | $1,487 |
| $1,591 | |
| Allstate Insurance | $1,684 |
| $1,759 | |
| $1,863 | |
| Progressive | $1,973 |
| State Farm Insurance Company | $2,167 |
Cheap Auto Insurance Quotes In Lewiston ME After A DUI
A DUI citation can raise your insurance rates by hundreds of dollars. Some insurance agencies raise these rates longer than others, so you should shop around to ensure you get the most affordable car insurance quotes in Lewiston ME.
The best auto insurance companies Lewiston ME has to offer drivers after a DUI citation on their record are listed below. You should keep in mind that the average rates are shown here assume that such drivers are looking for full coverage insurance.
| Company | Annual Payment |
| Vermont Mutual | $1,582 |
| Countryway | $1,671 |
| Concord Group | $1,783 |
| Hanover | $1,862 |
| MetLife | $1.975 |
| Safety Group | $2,284 |
| Progressive | $2,361 |
| State Farm | $2,487 |
DUI (Driving Under the Influence) convictions can raise your insurance premiums by quite a lot. You should note that these rate hikes can last for about 3-5 years. If your driver profile ever changes thanks to a DUI citation, you should go ahead and compare rates across companies. This comparison will allow you to easily identify the cheapest rates for your new driver profile. It should also be mentioned that agencies can choose not to offer you coverage. This applies to the companies shown in the table above too. The rates shown here are just estimated to give you an idea of what to expect while you are out shopping for vehicle insurance.
Cheap Car Insurance In Lewiston ME After For A Speeding Ticket
Just like DUI convictions, speeding tickets can change your driver profile significantly. With this change, you may experience a hike in your premiums. While this hike might not be as high as one for an at-fault accident, it can still be to the tune of hundreds of dollars.
If you are searching for cheap auto insurance in Lewiston ME, after a speeding ticket, you can check out Concord Group. They offer the most affordable rates to drivers with a speeding ticket on their record. You can find rates 48% cheaper than the normal average rates.
The best car insurance companies Lewiston ME offers to drivers with speeding tickets on their record are listed on the table.
| Company | Annual Payment |
| USAA | $682 |
| Concord Group | $795 |
| State Farm | $871 |
| Nationwide | $1,165 |
| MetLife | $1,287 |
| Progressive | $1,362 |
| GEICO | $1,479 |
| Allstate | $1,561 |
Breaking traffic rules will definitely impact your car insurance rates. So be careful not to be found guilty of overspeeding, distracted driving, and other such things. Speeding ticket penalties may not last long for first-time offenders, but they can last long for repeat offenders.
If you are looking for cheap Lewiston ME car insurance, you should compare as many rates as possible before renewing your policy. This will better position you to find the cheap auto insurance Lewiston ME has to offer.
Cheap Auto Insurance Quotes In Lewiston ME For Minimum Coverage
Some drivers choose to purchase just the minimum coverage insurance to keep their insurance rates low. While this isn’t always a good idea, there are some instances where it is permissible. For instance, if the cost of insuring your car is worth more than the value of your car, you may choose to go with just minimum car insurance.
If you are trying to buy minimum coverage alone, then MetLife is your best bet. The company offers the most affordable rates for minimum coverage. It is closely followed by State Farm and Geico. Additionally, the cost of minimum coverage in Maine is $445 on average. As such, MetLife’s rates are about 18% cheaper than the state average.
The best car insurance companies Lewiston ME offers drivers trying to buy minimum coverage are:
| Company | Annual Payment |
| MetLife | $445 |
| State Farm | $561 |
| Geico | $648 |
| Arbella Insurance Group | $695 |
| Nationwide | $734 |
| Hanover | $786 |
| Progressive | $861 |
| Allstate | $973 |
MetLife’s rates might be the cheapest, but current and veteran military personnel and their relatives can get cheaper rates for just minimum coverage insurance at USAA. USAA offers active military officers and veterans a chance to get the minimum coverage for just $287 on average.
You should know that your car insurance rates will vary greatly depending on which agency you choose. Your premium rates will also be determined by how much coverage you want to buy, the kind of policy you want, and several other factors. If you are bent on getting the cheapest Lewiston ME auto insurance, then you might want to compare rates as much as possible. A rate comparison across at least three companies will definitely point you in the right direction. Keep in mind that the rates shown on the table above are just a rough estimate of what you should expect and not the actual rates you will be offered.
Cheap Car Insurance Companies In Lewiston ME For Drivers With Bad Credit Score
Poor credit ratings or scores can impact how much you pay for car insurance. If your credit score is below average in Lewiston, ME, you should expect higher rates than most other drivers.
Scores 700 and above are considered excellent credit scores. Drivers with such scores are regarded as lower-risk drivers. The average credit score in Lewiston ME is 715. As such, if your score is below this, your rates may be higher than those offered to other drivers. The lower your credit score, the higher the rate difference.
Keep in mind that companies do not consider credit scores on the same basis. Some will pay more attention to it than others. Remember this while you are out shopping for car insurance.
The best auto insurance companies Lewiston ME has to offer drivers with bad or poor credit ratings are:
| Company | Annual Payment |
| USAA | $582 |
| State Farm | $679 |
| Concord Group | $865 |
| Progressive | $973 |
| Hanover | $1,287 |
| MetLife | $1,365 |
| GEICO | $1,479 |
| Allstate | $1,563 |
Lewiston ME Cheapest Car Insurance Companies For Seniors
Senior drivers typically pay more for car insurance than their middle-aged and young counterparts. USAA and Geico are the best auto insurance companies Lewiston ME has to offer senior drivers who want full coverage insurance. The rates offered by these two agencies are considered the cheapest rates available in the area for senior drivers with clean driving records.
Senior drivers looking for cheap Lewiston auto insurance can check at the following agencies:
| Company | Annual Payment |
| USAA | $562 |
| GEICO | $687 |
| MetLife | $795 |
| Progressive | $861 |
| Safety Group | $1,168 |
| Plymouth Rock Assurance | $1,279 |
| Concord Group | $1,365 |
| State Farm | $1,472 |
What Are The Different Types Of Lewiston ME Auto Insurance Coverage?
You may have a basic understanding of how car insurance works, but do you know what types of auto insurance coverages are available to you. When shopping for auto insurance, you should know the different coverage options available and what they do. This will help you get what’s best for you. Here are a few insurance policies, their details, and what coverage they provide.
Personal injury protection insurance
This coverage option covers any medical expenses and losses incurred due to an accident covered by the policy. The limit on the policy can cover as high as 80% of medical costs or other expenses resulting from the accident.
Major parts replacement coverage
Without bearing any cost, you can replace major parts like brakes, batteries, and tires without considering wear and tear or depreciation value when the accident occurred.
Uninsured motorist insurance
Uninsured motorist insurance will protect you and your car in the case of a hit or run accident or when the other driver doesn’t have insurance. This policy usually goes with Underinsured motorist insurance.
Underinsured motorist insurance
Some drivers choose to carry only the state-required minimum insurance to reduce costs. This might be an inconvenience seeing as it provides such a limited service. Underinsured motorist insurance protects you in an event where an accident is caused by a driver who does carry enough insurance to cover all the costs.
Towing and labor insurance
This coverage option is usually available if you have comprehensive coverage. It covers the cost of towing and labor fees needed to repair your vehicle.
Liability coverage
Drivers in most US states are required to buy this before they can drive a car. It helps cover any injuries, damage, or property destroyed for any parties in the event you are found to be at fault.
Collision coverage
This insurance coverage helps you pay for any damage done to your car after a collision with another vehicle. It can assist you in paying for the cost of repairs to your car and pay for any parts that need to be replaced.
Rental reimbursement insurance
Accidents can leave you without a means of getting around for some time. And this might lead to some unnecessary expenses. This insurance policy helps you cover the cost of a rental while your car is being replaced or repaired.
Classic car insurance
This coverage offers specialized insurance for vintage and classic cars. This option is specifically designed for the unique requirements of classic and vintage car collectors. Discussing with your insurance company is the best way to find what option is good for you.
Gap insurance
Vehicle value goes down quickly. Your insurance may not be enough to cover the depreciation in case of a loan. Gap insurance is the best in this situation. It offers coverage for any amount still owed on your car loan after it’s lost in an accident or stolen.
New car replacement
This coverage can pay for a brand new car of the same make and model as your old car if declared a loss after a crash. You would still be required to bear the cost of the deductibles.
Original parts replacement
Replacing the parts of a car after a collision can be very expensive. Not knowing where the parts will be gotten from can also make you hesitant to make repairs. Purchasing this coverage option will ensure that all the replacement parts acquired will be from the car makers and not third parties.
Comprehensive insurance
Comprehensive insurance offers you additional coverage for any damage done to your car after a collision with another vehicle. It can help you cover the damages resulting from weather conditions, crashes, and collisions with animals while driving.
Medical payment coverage
Paying hospital bills after an accident can be expensive. The medical payment coverage helps you cover the medical costs you incurred as a result of an accident. This doesn’t take account of who was at fault for the accident.
Ways To Lower Lewiston ME Car Insurance Cost
Ask about discounts
Discounts are one of the best methods for lowering your car insurance rates.
- Insurers generally offer discounts to drivers who
- Purchase and bundle their auto insurance with another insurance policy.
- Insure more than one car with them
- Keep clean driving records
- Pay their annual car insurance in one or two payments.
- Receive their insurance documents online
- Install security and safety devices in their vehicles
- Belong to certain professional bodies or affiliated groups
There are several other ways to earn discounts on your insurance premiums. You should discuss discounts extensively with your agent while purchasing a policy.
Increase your deductibles
Deductibles are the sum you pay out of your pocket before the insurance provider has to step in. When choosing a car, it’s up to you to pick a deductible. Depending on the limit, deductibles range from $250 To $1000—usually, the lower the deductible, the higher the annual rates.
On the other hand, the higher the deductible, the lower the premium. It’s always best to discuss with the insurance agent how the rate of your premiums would affect your deductibles. It may save you money by making the annual premium better by several percentage points. Raising your deductible is a good idea if you are not planning on filing more minor claims with your car insurance provider. Take care when raising your deductible. You should only pay an amount that you can afford.
Multiple cars and/or drivers may save money.
Suppose an insurance company provides you with a quote to insure one car. In that case, you might get a higher quote per vehicle if you ask about insuring several drivers or vehicles under the same company or policy. You might be offered a bulk rate because insurance companies are always looking for your business. They might give you a good deal if it means you would provide more business for them.
Discuss it with your insurance agent to see if you qualify for this discount. Usually, multiple vehicle drivers must live together in the same house or be related either by blood or by marriage. Two unrelated people who want to get a discount must jointly own the vehicle to qualify.
Purchasing a vehicle that is cheap to insure
Your insurance rates are heavily influenced by the model of your car and the year of its production. Cars have different theft rates and accidents, and insurance companies watch out to see which cars are more of a liability.
It’s best to buy a car that doesn’t have a high theft or car crash rate. This type of car will make insurance providers offer more affordable premiums. Usually, cars with lower horsepower are less likely to be involved in high-speed collisions.
Consider Switching Auto Insurance Providers
Auto insurance companies have different ways of calculating your car insurance rates and differing penalties for specific situations. As such, the insurance quotes you get from one insurer might not be the same as those you get from another. Basically, the insurer that provides you with cheap car insurance in one year may not be the best for you in subsequent years. So, don’t get tempted to stick permanently to one insurer; instead, compare rates over the years to find the cheaper car. Drivers with one infraction or the other on their record should take particular note of this.
Maintain a clean record for several consecutive years
This is perhaps the most effective way to get a reduction in your monthly insurance rates. A DUI citation, a citation for any other traffic law violation, or a car crash can change the way insurance companies see you. Even the best auto insurance companies Myrtle Beach SC has to offer don’t take kindly high-risk drivers. You will see an increase in your auto insurance if you are guilty of any of these. Here are some ways you can do to keep your driving record clean
- Don’t drive under the influence of alcohol or drugs.
- Obey all traffic regulations.
- Reduce the time you spend driving. Less time behind the wheels equals lower chances of getting into a car crash or being cited for a traffic infraction.
- Keep your car in good and sound condition to reduce the risk of crashes resulting from faults.
Opt for less car insurance coverage
Deciding to go for less insurance coverage would reduce costs. This is a decision that should be approached with caution. If an accident occurs and you are judged to be at fault (or the party at fault is uninsured), you would have to cough up a lot of money, which might lead to debt. It’s best to purchase a policy that exceeds the state minimum limit and add Uninsured motor coverage that matches your coverage limit. These tips might save you just a few dollars, but they add up monthly.
Reduce your annual mileage
If you compare car insurance quotes, there is a possibility of being asked about your annual mileage. By spending more time behind the wheel, there is a bigger chance of getting into an accident, making you more of a liability than someone who spends less time behind the wheel. By reducing the time you spend on the road, you can reduce your premiums.
Does Motorcycle Insurance In Lewiston ME Have The Same Coverage As Car Insurance?
While motorcycles and cars are different kinds of automobiles, their insurance needs are quite similar. The policies for both cars and motorcycles are meant to offer protection to those on the road, the driver, and their passengers.
Motorcycle and car insurance share the following coverage options.
- Comprehensive coverage: This option provides reimbursement or compensation for any damage done to your motorcycle or car outside of a collision with another car. The damage can be caused by natural weather events, vandals, and even explosions. It also offers coverage for theft.
- Collision coverage: This offers you coverage for any damage resulting from a collision with another automobile or property.
- Liability Insurance: This option covers you for any injury or damage you cause to others in an accident for which you are at fault.
- Medical payments coverage: This offers you coverage for any medical expenses you may incur after a covered incident.
- Uninsured and Underinsured motorist coverage: This ensures that you are covered if you are ever in an accident with an uninsured or underinsured driver (a driver who does not possess adequate coverage).
Required Coverage
The minimum requirements for insurance vary across states. There are states without minimum requirements for motorcyclists. However, states that do have requirements often require riders to at least purchase liability insurance. This insurance must include
- $30,000 in bodily injury liability per person
- $60,000 in bodily injury liability per accident
- $25,000 in property damage liability
Differences in Coverage
While car insurance and motorcycle insurance share similarities, some differences also exist between the two. Motorcycles can be customized in ways that cars cannot. As such, riders can choose to purchase additional coverage just for these customizations and modifications.
Passenger liability is another key difference between the two. Riders can purchase guest passenger liability for passengers on their motorcycles. This additional coverage will help you pay for the medical bills of your passenger if they are hurt in an accident. It is not the same as personal injury protection or medical payments coverage. Unlike the other two that do not own a car that is at fault, it pays for the treatment of the passenger if the rider is found to be at fault.
Is Motorcycle Insurance More Expensive Than Car Insurance?
On average, motorcycle insurance costs less than car insurance. The main reason for this is because of the size difference between both vehicles; however, other factors can influence this price difference too. Keep this in mind while you are out hunting for cheap car insurance in Lewiston ME.
Car Insurance Lewiston ME Questions And Answers
What Is An SR-22 Form?
An SR-22 form is usually considered insurance, but in reality, it isn’t. It’s a certificate your insurance company shows you to indicate that you have insurance coverage. A judge may order you to get one if you have a poor driving record.
An SR-22 form is usually valid for three years and costs $25 to file.
What is non-owner SR-22 insurance?
Non-owner insurance is meant for people who are driving cars that don’t belong to them. If you have a suspended license, you would be required to get Non-owner SR-22 insurance. It is also called an operator’s certificate, and it’s needed until the suspension is lifted.
Non-owner insurance usually has a limited car insurance policy and is accompanied by limited liability insurance. This type of vehicle insurance covers you if you cause damage or injury to someone else. Still, it won’t protect you from any expense you incur on your car or injuries sustained by your passengers during the accident. (the owner of the vehicle is meant to have policies that would cover the car). Because of this, Non-owner coverage is usually cheaper than other types of robust car insurance coverages.
Anyone who intends to drive is required to have insurance coverage as required by the state whether or not they own a car. Driving without insurance can lead to prison time or costly fines.
What does liability car insurance cover?
Liability auto insurance covers damages you may cause others when you are found guilty of causing the accident. This includes injuries to other drivers and their passengers and damage to other vehicles and public property. Liability car insurance doesn’t cover your own expenses such as vehicle repairs or medical treatment.
Does liability insurance cover me if someone hits me?
If the other driver is responsible for the accident and your car is damaged, their liability insurance will cover the cost of repairs. If they don’t have any insurance, you would be covered by your uninsured motorist coverage or collision insurance if they are on your policy.
What is comprehensive auto insurance coverage?
Comprehensive auto insurance offers a more extensive coverage selection than liability insurance and covers perils like hurricanes, floods, animal damage, or damaged windshields. The maximum amount covered is the car’s cash value without the deductible at the time of the accident. It’s best to choose the right comprehensive plan to ensure that you get compensation in the event of any damage to your car.
What is GAP insurance?
Guaranteed auto/ assets protection, also known as GAP insurance, is designed to cover the difference between what is owed and the car’s actual value—this insurance or required if your vehicle is damaged beyond repair or stolen. When leasing or renting a vehicle, you are expected to get GAP insurance. This is a requirement by many lenders. You can purchase GAP insurance from the manufacturer of the car or any insurance company.
Do I really need commercial auto insurance?
A personal insurance policy might not be decided to consider the risks arising from using a vehicle for commercial purposes. Also, the commercial use of a car might violate the terms set in the insurance policy. This means if you are in an accident, your claim might be denied even if you were operating your vehicle for personal use. If you intend to use your car for commercial purposes more than three times a month, you should get commercial auto insurance.
