Posts Tagged ‘Maine Auto Insurance’

How to Get the Best Auto Insurance Rate in Maine

Saturday, May 14th, 2011

Maine drivers who are looking for the best auto insurance rate have a number of strategies at their disposal. Shopping around and comparing rates from several providers before making a buying decision is something that all drivers can do. All it takes is an investment of a bit of time, and the resulting savings can be significant.

Going online to check out different car insurance providers and to get quotes for coverage is an easy and convenient way to find the best prices for the level of protection you need. If you are in the market for a new car, make a point of checking out pricing for insurance once you have your choices narrowed down to a couple of different models. (You will want to include the cost of insuring the vehicle properly in you budget calculations before making a buying decision.)

When getting quotes for coverage, don’t forget to ask about available discounts. Many insurance providers offer preferred prices to customers who insure more than one vehicle on the same policy or who insure their home and car with the same company. Other discounts are offered to people who drive a car outfitted with safety or anti-theft devices or who limit their annual mileage.

Good drivers will be able to qualify for the best auto insurance rate from companies licensed to sell policies in Maine. If you are able to maintain a clean record for several years, it will go a long way toward keeping your rates down.

 

Free Car Insurance Quotes Help Maine Drivers Save

Friday, May 13th, 2011

Maine drivers who are looking for the best deal on their coverage should check out free car insurance quotes. A number of companies offer quotes for coverage at no charge, and taking the time to get prices from several providers can help consumers find the lowest rates for their personal insurance situation.

Insurance companies operate in a competitive marketplace, which means that all of the companies licensed to sell policies in the state set their own rates for coverage. Each one varies with the level of risk that it is prepared to assume on behalf of a policyholder. A driver can apply for coverage with different providers and find that rates can vary tremendously between them, even for the same type and level of protection.

To get the best possible rates on Maine car insurance coverage, drivers should make a point of getting free quotes from several companies before making a buying decision. Even a driver who has been with the same company for several years should get pricing from different companies before renewing his or her policy automatically each year. Some companies do reward long-term customers with better rates, but this discount may not be enough to match the rate that another provider can offer.

Going online is a great way to to get free quotes for Maine car insurance coverage. A consumer can visit individual web sites or a single site that can generate prices from several companies at once for this purpose.

Can a Maine Auto Insurance Company Cancel my Policy?

Wednesday, November 17th, 2010

During the first 60 days that your Maine auto insurance policy is in force, the company has the right to cancel the coverage for any reason it chooses, as long as the reason does not violate state law. Maine statutes prohibit a car insurance company from canceling a policy because of the policyholder’s age or credit rating.

After the six-month period, the insurer can only cancel the policy under certain circumstances:

Failure to pay the premium: If the premium is not paid on or before the date shown on the bill, the Maine auto insurance company can cancel the policy. There is no set “grace period” that insurers are required to give to customers who do not pay on time.

Fraud or misrepresentation: An insurance company can cancel a policy if it discovers that an applicant was not honest when filling out his or her application for coverage. Putting false information on an application form will also mean the insurer will cancel the policy.

Driver’s license suspension: If the policyholder has had his or her driver’s license suspended while the policy is in force or within six months of the last renewal date, the insurance company can cancel the policy.

A Maine auto insurance policy is a contract between a policyholder and the company. As long as the policyholder has not committed fraud or had his or her license suspended and continues to pay his or her premiums on time, the insurance company must honor the contract.

Maine Auto Insurance and Financial Responsibility

Saturday, November 13th, 2010

Under state law, Maine auto insurance customers are required to notify the Department of Motor Vehicles (DMV) personally when the arrange coverage. The insurer is not legally required to notify the DMV on a policyholder’s behalf.

Drivers are required to carry proof of insurance in their vehicle. The proof is provided by the car insurance company and can be in one of the following forms:

An insurance card

A declaration page /letter from the insurance company (or agent)

An insurance binder

A summary document setting out the provisions of the insurance policy

To be accepted as formal proof of insurance coverage, the document must contain the following information:

  • Your name
  • Make, model and year of the vehicle
  • License plate number
  • Vehicle Identification Number (VIN)
  • Amount/type of coverage
  • Policy number
  • Effective and expiration dates for the policy

To register your vehicle, you will be required to show proof of insurance. If you are stopped by police or involved in an accident, you will need to prove that you have insurance coverage in place.

If you are unable to provide sufficient proof of coverage, you could be required to pay a fine; you may even be ticketed for uninsured operation. Driving without Maine car insurance may also mean the possibility of having your license or registration suspended. A better, and less expensive, choice is to have proper insurance coverage in place.