UPDATED: JULY 06, 2023 | 2 MIN READ
At-fault accidents, DUI violations, citations, or an increase in filing claims are all ways you might be listed as a high-risk driver. High-risk auto insurance is usually a higher financial responsibility, but how much more depends on your insurer, where you live, and your driving record. Your insurer may offer insurance discounts, but that depends on the insurer.
What Is a High-Risk Driver?
A bad record isn’t the only way you’re considered a high-risk driver on your Maine car insurance policy. There are many reasons to be a high-risk driver. They include:
- Young drivers
- Own an exotic or high-powered vehicle
- Elderly drivers
- Have DUI convictions, speeding tickets, or at-fault accidents on your driving history
- Have poor credit, according to A.M. Best
- Have allowed your coverage to lapse
High-risk auto companies cover drivers with an SR-22 which shows you have enough insurance after a violation.
These are some reasons why you might be a high-risk driver in Maine:
- Reckless driving
- At-fault accidents
- Distracted driving
Best Car Insurance Companies in Maine For High-Risk Drivers
Many factors come into play when determining the best rates for high-risk car insurance for Maine drivers. Your credit score, and driving record, are vital in deciding what high-risk drivers pay for car insurance.
Some companies offer cheap auto insurance rates if you’re a high-risk driver. MMG Insurance is the best insurance company that provides plans for Maine drivers. The premium increase after an accident is typically $581, which is a 38% increase. Steer clear of United Financial and Allstate as they penalize at-fault Maine drivers severely.
How much does high-risk car insurance cost?
High-risk drivers in Maine pay more for car insurance rates than drivers with clean driving records. High-risk drivers pay $1,527 yearly for minimum coverage compared to the national average of $2,012. The cost more than doubles if you’re looking for full coverage.
How to get insurance if insurers won’t cover you
Getting cheap car insurance is sometimes difficult when considering a high-risk driver. Not all insurers cover high-risk drivers. If you’re having difficulty finding insurers, you have two options: nonstandard insurance companies and state-sponsored car insurance plans.
Nonstandard auto insurance companies specialize in Maine auto insurance for drivers having difficulty finding insurance.
Your driving history is a huge factor in why you’re considered a high-risk driver. One of the most common reasons is violations such as a DUI, accidents, or speeding tickets showing up. A clean driving record allows you to have lower rates.
State Farm is ranked as one of the best insurers for high-risk drivers due to cheap auto insurance and customer satisfaction. State Farm rates are 25.06% more affordable than the Maine state average.
Is uninsured motorist insurance required in Maine?
Uninsured motorist coverage is required in Maine. You must carry up to $50,000 in uninsured motorist bodily injury coverage per person, $100,000 per accident, and $50,000 in underinsured bodily injury. Maine doesn’t require you to have uninsured motorist property damage.
Underinsured motorist insurance covers you if you’re in an accident and the other driver doesn’t have enough insurance to cover your expense. UMBI covers medical bills, and collision insurance covers repairs after an accident.
What Impact Do Violations Have On Your Record
Depending on the type of violation on your record, you might experience different rates for insurance coverage. Below are some examples of insurance premiums depending on the violation.
Traffic violations show up in two different ways. They are either classified as criminal citations, or your employer runs a check on your driving record. Aside from that, traffic violations don’t appear on Maine driving records. Criminal traffic citations appear on a criminal background check as a felony or misdemeanor.
What’s the impact of a speeding ticket on car insurance in Maine?
In Maine, you experience a rise of $214 yearly for speeding tickets, up to an average annual rate of $1,141. MMG Insurance has an increase in the cost of car insurance of $196 for speeding tickets, and MetLife is more expensive than most.
What impact does a distracted driving ticket have on car insurance rates in Maine?
Distracted driving is a serious offense that increases your Maine car insurance rates. Your insurance premiums typically go up $298 yearly. That’s a 32% increase from a standard insurance premium. The cheapest car insurance company is Concord Group, with a rate of $721 yearly, 41% less than the average distracted driving rate.
How does reckless driving in Maine impact car insurance rates?
One of the most serious driving violations is reckless driving, which increases your auto insurance rates. Insurers increase your car insurance policy rates by roughly $487 yearly due to reckless driving. That’s a 53% increase compared to standard auto insurance in Maine. The most affordable car insurance company is State Farm.
Who are the highest-risk drivers in Maine?
The highest-risk drivers in Maine are:
- Young drivers under the age of 25
- Drivers with a DUI on their driving record
- Drivers with a driving history of speeding tickets
- Drivers with low credit scores, according to A.M. Best
- Drivers with one or more auto accidents
What is the best car insurance company for high-risk drivers in Maine?
State Farm offers the best car insurance premiums in Maine for motorist coverage. MetLife is one of the most expensive.
What are the penalties for high-risk drivers in Maine?
Driving violations cost you more than just higher car insurance premiums. You expect to face the following consequences, up to $5,000 in fines, license suspension of up to two years, and up to five years of jail time.
Personal injury during an accident is also your financial responsibility if you’re at fault. Medical payment insurance called MedPay helps cover medical expenses and funeral costs incurred due to a car accident. It covers you and any family members on your insurance policy.
What is the best company for SR-22 insurance in Maine?
The cheapest car insurance companies for SR-22 insurance in Maine are State Farm at $374, USAA at $392, Progressive at $493, and Allstate at $566, which offer SR-22 insurance. High-risk drivers have a higher financial responsibility than drivers with clean records.
What are the best ways to lower my risk of becoming a high-risk driver?
The best ways to reduce your risk of becoming a high-risk driver: never drive under the influence, maintain a good credit score, obey all traffic laws and speed limits, eliminate distractions while driving, and pay your insurance premiums on time. Over time you’ll be able to lower your rates if you clean up your driving history.
How to Purchase High-Risk Auto Insurance
Purchasing cheap car insurance in Maine for high-risk drivers through a reputable auto insurance company is simple. Ensuring that you have the proper amount of bodily injury liability coverage, comprehensive coverage, or property damage liability is essential, and obtaining car insurance quotes has never been easier.
If you’re ready to get the cheapest auto insurance, it’s as simple as comparing rates as amounts vary by company. We have a helpful tool to find the best car insurance.