Maine Car Insurance for Bad Credit Drivers

Cheapest Companies for Drivers With Bad Credit in Maine (2022)

For drivers with bad credit in Maine, it's important that you evaluate all of your potential insurance options to ensure you are finding the best rate. Comparing the right insurance companies will allow you to get the best possible insurance rate for drivers with bad credit.

To simplify comparing companies, Insurify has analyzed rates from top insurance providers in Maine. The following are the best insurance rates from carriers that offer car insurance for drivers with bad credit in Maine.

Bad Credit Car Insurance in Maine

Bad credit can hinder a lot of your financial endeavors, including getting a house or car loan. A poor credit score can also hurt your chances of getting a good rate on your car insurance. While a few states are prohibited from making credit scores part of their formula for determining rates, Maine is not one of them. So if you want to get car insurance in Maine, you'll likely have to go through a credit check. Fortunately, car insurance credit checks are considered "soft inquiries," which will not affect your credit score.

Insurify's comparison tool will help you make sure you're getting the best possible quote even with a bad credit rating. You can have peace of mind you're not paying any more than need to, and customers save $48 per month on average.

How Much Does Bad Credit Impact Car Insurance Rates in Maine?

Drivers with bad credit pay about 13 percent more than average on car insurance in Maine. Your payment history and total debt help determine your insurance credit score. Meanwhile, your credit score combined with your driving record and claims history will help insurers determine your car insurance rate. Your credit is taken into consideration in part so that insurers can calculate your risk level and how likely you are to file a claim in the future.

Can I Get Car Insurance With No Credit Check in Maine?

Yes, it's possible to get car insurance without a credit check in Maine. The problem is you might end up paying more for your coverage. Insurers that provide policies without a credit check will often charge more than a standard insurer. Companies do this because credit reports help them determine risk. Insurance companies that don't conduct a credit check are missing part of your background and will charge more to compensate for it.

When you're shopping for car insurance, check out at least a couple of standard companies. You might not want to go through a credit check, but at least you'll be able to see the difference in price between insurers that review your credit history and the ones that don't.

Maine Car Insurance Rates by Credit Tier

In Maine, like in many states, the idea is simple; the better credit you have, the better your chance of having a low insurance premium. Maine drivers in the excellent credit tier have an average monthly car insurance payment of $115. There isn't much separation between Maine drivers with good and average credit—just $4. Meanwhile, drivers with poor credit credit in Maine have an average monthly car insurance payment of just under $150.

Compare Top Auto Insurance Companies

Use Insurify for all of your car insurance comparison needs! Compare and connect directly with the top insurance companies to find the best rates as well as the most personalized discounts and coverage options. Insurify’s network includes over 200 insurance companies throughout the U.S. who can work with you to get you the right auto insurance policy at the cheapest price. See All Auto Insurance Companies