Can I Buy Maine Auto Insurance with Full Coverage?

Maine state flags in various shapesBuying “full coverage” auto insurance in Maine typically means purchasing a policy that incorporates more protection than what is required by the state. But even though drivers can purchase a plan that is extensive, there are some damages that an insurer cannot cover, so there is not a “full coverage” plan that will provide 100 percent protection in every instance.

But, luckily, motorists in the Pine Tree State have some of the most extensive minimum insurance requirements in the nation, coupled with some of the lowest average expenditures. Vehicle owners in ME are required to carry the following:

  • Bodily injury liability with minimum limits of $50,000 for a single person and $100,000 for two people or more in a single accident
  • Property damage liability with a minimum limit of $25,000
  • Uninsured motorist coverage with minimum limits of $50,000 for bodily injury to a single person and $100,000 per accident
  • Medical payments coverage with a minimum limit of $2,000 for medical bills per accident

Including Comprehensive and Collision Coverage

Adding comprehensive and collision coverage to auto insurance in Maine can significantly improve a motorist’s level of protection by covering damages to the policyholder’s own vehicle. The first portion of this addition covers damages that may occur independently from an accident involving another car. This includes falling objects, flooding, fire, hail, vandalism, and theft. The collision portion pays for repairs to the policyholder’s vehicle after an accident involving another car.

These added coverages are often helpful, but they are also subject to a deductible, meaning the policyholder will have to pay a certain dollar amount on a claim before coverage kicks in. If motorists choose a lower deductible, they will have to pay less out of pocket after an accident, but their premium is likely to be higher. Choosing a higher deductible will result in a lower premium, but the policyholder may have to pay more out of pocket after an accident.

Bumping Up Liability Limits

United States flag shaped as MaineIncluding additional forms of protection is only one way to improve a policy and get closer to having full coverage. Residents should also be getting Maine car insurance quotes for policies that include higher liability limits. Even though the minimum bodily injury and property damage liability limits in the state are high, they can still be exceeded after a serious accident. For instance, property damages could easily surpass the $25,000 limit if the policyholder were to total an expensive car. If this happens, motorists may be left paying any remaining costs themselves.

Increasing the thresholds beyond the minimum can significantly improve a motorist’s level of protection, and often this can be done for only a few extra premium dollars. Although residents cannot purchase vehicle coverage that is all-encompassing, they can improve upon the minimum coverage that is required in Maine to achieve a suitable level of protection.