A serious injury or even a minor injury involving more than one passenger can quickly exhaust these limits. Understanding what each type of coverage relates to is crucial so that, if you are ever involved in an accident, you know exactly how much the insurance company will cover. For example, if your friend borrows your car and has an accident, your car insurance will be the main source of compensation and not your friend's. Maine car insurance rates vary depending on several factors, such as the driver's age, zip code, driving history, and credit score.
If you also have other insurance available to pay medical bills, such as health insurance, Medicare or MaineCare (Medicaid), Maine car insurance laws require the insurance company to pay first until you have exhausted the limits of the medical payments coverage policy. Maine has specific car insurance coverage minimums that drivers must meet to drive legally in the state. After a serious car accident, you may be wondering what steps to take next and what role your car insurance coverage plays in the dispute. When it comes to liability insurance, all drivers in Maine are expected to meet certain minimum amounts of coverage.
MoneyGeek also ranked the best auto insurance companies in Maine for those who want solid service and affordable rates. Keep in mind that Maine car insurance rates can vary depending on several factors, such as your location, marital status, driving history, and credit history. All Maine drivers must have liability insurance, medical payment coverage, and coverage for uninsured or underinsured motorists, at a minimum. If you limit coverage, you could put yourself and your family at risk of not having enough insurance in the event of an accident caused by another driver.
If you're too old to drive, co-own a car, or have a learner's permit, you can still apply for car insurance in Maine. Usually, once the cost of the repair reaches a certain percentage of the car's value, the insurance company will declare the car as a total loss. In fact, Maine uses a fault-based system (also called a “tort contract” system) for auto insurance claims. Medical payment coverage covers medical and funeral expenses incurred by you and anyone else injured or killed in an accident while driving or driving your car.
Authorities said the accident involved at least four cars when local firefighters arrived at the scene.
