To satisfy the mandatory insurance law in Maine, every insurance policy must provide a minimum of $50,000.00 in personal injury liability insurance for an injury to any one person, $100,000.00 in personal injury liability for injuries sustained by multiple people in a single accident, and $25,000.00 in liability ...
Is it mandatory to have car insurance in Maine?
Even though we now have mandatory automobile liability insurance, the Bureau of Motor Vehicles (BMV) estimates that about 7% of all operators are still uninsured. This coverage protects you against bodily injury losses caused by an uninsured or underinsured driver, and is only a small part of the cost of insurance.
What are the 3 auto insurance coverages required by law in Maine?
The minimum requirements for basic car insurance in Maine are liability coverage limits of 50/100/25, which is $50,000 in bodily injury coverage per person, $100,000 per accident and $25,000 for property damage.
Does insurance follow the car or the driver in Maine?
Does insurance follow the car or driver in Maine? In Maine, insurance policy generally follows the vehicle rather than the driver. For instance, if your friend were to borrow your car and get into an accident, your car insurance will be the primary source for compensation and not your friend's.
What car insurance is required in Maine?
The state of Maine requires the following minimum required coverages for a car insurance policy: Bodily injury liability coverage: $50,000 per person and $100,000 per accident. Property damage liability coverage: $25,000 per accident. Uninsured motorist coverage: $50,000 per person and $100,000 per accident.