insure logo

Why you can trust Insure.com

quality icon

Quality Verified

At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry.

The average car insurance cost in Portland, Maine is $1,140 per year, according to Insure.com data. This is $35 less than the average auto insurance cost in Maine and $755 less than the national average, as analyzed by Insure.com.

Graph
Table
City average ratesState average ratesNational average cost
$1,140$1,175$1,895

The rates can vary wildly depending on where they are filed. City demographics, including population density and average resident age, will affect how much money you spend on premiums which could make it cheaper or more expensive than other areas with different factors like accident rates, theft and vandalism rates, etc.

The article covers information on – the cheapest car insurance providers in Portland, the average car insurance rates by age, gender and how much is car insurance in Portland based on coverage limits. Whether you’re a new driver or have been driving for years, this article can help you find the best deal on cheap car insurance in Portland. Read on to learn more.

Key Takeaways

  • The average car insurance cost in Portland, Maine is $1,140 per year.
  • Auto-Owners offers the cheapest car insurance in Portland, at an average of $719 per year.
  • Young adults pay $2,091 per year for car insurance in Portland.

Cheap car insurance companies in Portland

At an average of $719 per year with full coverage limits of 100/300/100, Auto-Owners provides the most affordable car insurance in Portland.

Ranked as the second most affordable company in Portland, Travelers provides car insurance at $871 per year.

As previously noted, car insurance rates differ among companies due to variations in the factors used for calculating the rates. So, it is best to compare quotes from several insurers to secure affordable car insurance rates in Portland that align with your needs before selecting a policy.

The table below lists the average annual and monthly costs for the various car insurance companies providing coverage in Portland, Maine:

Affordable car insurance providers in Portland

Graph
Table
Company NameAverage annual costAverage monthly cost
Auto Owners$719$60
Travelers$871$73
Progressive$1,034$86
Geico$1,156$96
Allstate$1,174$98
State Farm$1,279$107
Farmers$1,420$118
Frankenmuth Insurance$1,442$120
MMG Insurance$1,510$126
USAA$799$67

Read about the best car insurance companies.

Average car insurance cost in Portland by coverage limits

The average car insurance rates in Portland by coverage type are as follows:

  • State minimum coverage: $379 per year (limits of 25/50/25)
  • Liability-only coverage: $385 per year (limits of 50/100/50)
  • Full coverage: $1,140 per year (limits of 100/300/100)
  • Non-owners coverage: $259 per year

In many states, drivers are legally required to maintain state minimum coverage. However, these requirements vary by state. However, the state minimum coverage does not protect vehicles listed on your policy in an at-fault accident.

It’s advisable to choose full coverage to avoid the risk of inadequate coverage and out-of-pocket expenses. You can also choose non-owners coverage if you often borrow or rent vehicles and don’t own one yourself.

Average car insurance rates by gender in Portland

Based on an analysis by Insure.com, female drivers in Portland, Maine pay an average annual car insurance premium of $1,122. In comparison, male drivers pay $1,159 annually, which is $37 more than what female drivers pay.

According to the Insurance Information Institute, statistics indicate that women are generally considered safer drivers than men. Also, women pay less for car insurance due to the lower rate of severe accidents.

Read more on how gender affects car insurance rates.

Average car insurance rates by age in Portland

In Portland, car insurance rates are the highest for teens, at $4,000 per year or $333 per month. The rates are higher for teenagers (16- to 19-year-olds) as they are more prone to road accidents due to their lack of experience on the road, according to the Insurance Information Institute. There are driving laws for teens to help them drive better. Also, teen insurance rates can be lowered by adding teens to a parent’s auto insurance policy.

Car insurance rates are bound to decrease as teens grow older and earn a good driving record. Young adults pay $2,091 per year for their car insurance which is $1,909 less than what the teens pay for their insurance policy.

The car insurance rates in Portland for adult and senior drivers are $1,167 and $1,095 per year respectively.

The car insurance rates for adults and seniors are lower than those for teens and young adults. “This is because they are more likely to obey the speed limits and follow the rules of the road,” says the Insurance Information Institute.

Read more on auto insurance for seniors.

The table below depicts the average annual rates for drivers of different age groups:

Car insurance rates by age groups in Portland

Graph
Table
Teens (16- to 19-year-olds)Young adults (20- to 24-year-olds)Adults (25- to 55-year-olds)Seniors (60- to 75-year-olds)
$4,000$2,091$1,167$1,095

If we look at the car insurance rates trends in Portland, Maine, it was on an upward swing from 2022 to 2023. From 2022 to 2023, the rates increase overall by 6%, or $62.

The table below shows the trend for last four years:

How car insurance rates are changing in Portland

Graph
Table
2016 rates2019 rates2022 rates2023 rates
$936$1,036$1,078$1,140

Conclusion

In conclusion, the insurance rates in Portland, are lower than the average insurance cost in Maine. Shopping around and taking advantage of available discounts, drivers in Portland can find affordable car insurance options. Additionally, many car insurance companies offer discounts for customers who purchase multiple policies through the same company.

Sources

Methodology

Insure.com team worked with Quadrant Information Service to get car insurance data. To determine the average premiums, our team of data analysts and expert editors have analyzed 53,409,632 insurance quotes from 170 insurance companies across 34,588 ZIP codes.

The insurance rates are based on a sample profile of a 40-year-old male and female driver with a clean driving record and a good insurance score. Quotes premiums are for a full coverage policy with limits:

  • $100,000 bodily injury per person
  • $300,000 bodily injury per accident
  • $100,000 property damage per accident
  • $500 comprehensive and collision deductible

The quoted insurance rates are for comparison purposes, and your individual rates may vary.

How much is car insurance in other cities

author image
Prachi Singh
Contributing Researcher

 
  

Prachi is an insurance writer with a master’s degree in business administration. Through her writing, she hopes to help readers make smart and informed decisions about their finances. She loves to travel and write poetry.

ZIP Code Please enter valid ZIP