WebJan 12, 2024 · A comparison of the cost of insurance and the value of an insured vehicle reveals that full coverage is a worthwhile investment for cars that are a decade old or newer. On average, the cost of insuring a 5-year-old midsize car with a full coverage policy is $2,010 a year. However, the average value of these cars is $7,501. WebApr 2, 2024 · Maine car insurance laws require drivers to have liability coverage, medical payments coverage and uninsured or underinsured motorist (UM) coverage as per the following limits: $50,000 per person for bodily injury. $100,000 per accident for bodily injury. $25,000 for property damage. $2,000 per person for medical payments.
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WebFeb 6, 2024 · Annual Cost of Adding an 18-Year-Old to Car Insurance in Maine. Scroll for more . Company. Adding 18-year-old for two out of 12 months. Adding an 18-year-old … WebApr 2, 2024 · Use MoneyGeek’s Maine car insurance calculator to get a ballpark estimate of how much a policy will cost for you. ... a 40-year-old driver pays about 2.5x less for car insurance in Maine than 19 or 20-year-olds, just based on age. ... Full coverage with comprehensive and collision insurance covers both liability costs and the costs of … michael yu newport beach
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WebMar 21, 2024 · The two cheapest car insurance companies in Maine for drivers in their 20s are: Concord Group: $702 per year. State Farm: $744 per year. According to our data, Bristol West offers the most expensive full coverage policy at $2,006 per year. WebMar 10, 2024 · 20 Independence Drive, Freeport, ME 04032-1134. Business Description. Catrina Milliman has been selling insurance products to Maine residents for over ten … WebJul 7, 2024 · It's an essential coverage type for many car owners. Find out what collision insurance covers and if you need it. ... Maine: $298: Maryland: $430: Massachusetts: … michael yuhase