Cheapest car insurance companies in Bangor
Auto-Owners and Travelers offer the cheapest car insurance rates in Bangor for 2023, according to a study by Insurance.com.
Auto-Owners is the cheapest option for most Bangor drivers, with an average annual rate of $688 .
In Bangor, what you pay for car insurance depends on factors such as your location, driving history, coverage level, and the insurance carrierAn insurance carrier is the company that provides your car insurance policy and pays claims.. Take time to compare price quotes from at least three insurers to get the best coverage at an affordable rate. The table below shows the car insurance companies with cheap insurance rates.
| Companies | Average annual rates |
|---|---|
| Auto-Owners | $688 |
| USAA | $744 |
| Travelers | $782 |
| Progressive | $1,026 |
| State Farm | $1,154 |
| Allstate | $1,179 |
| Geico | $1,214 |
| Frankenmuth Insurance | $1,331 |
| MMG Insurance | $1,428 |
| Farmers | $1,732 |
Cheapest car insurance cost in Bangor by Age Group
Auto-Owners offers the cheapest full coverage car insurance for teenage drivers in Bangor, with an average annual cost of $1,713 per year. Insurance companies deem teenagers as "high-risk" drivers due to their inexperience and statistically higher accident rates. This elevated risk profile translates to significantly higher car insurance costs for young drivers compared to their older counterparts.
Teens can maintain lower car insurance premiums by leveraging the good student discount or by remaining on their parent’s existing policy as long as feasible.
When compared to other car insurance companies, Auto-Owners turned out to be the cheapest car insurance company for young drivers in Bangor, offering full coverage at an annual average cost of $1,104.
Drivers in Bangor stepping into their 30s can expect a substantial drop in car insurance costs compared to their younger counterparts. Auto-Owners has the cheapest car insurance rates for a full coverage policy for adult drivers, averaging $716 a year.
Auto-Owners is the cheapest option for senior drivers in Bangor, with an average premiumThe payment required for an insurance policy to remain in force. Auto insurance premiums are quoted for either 6-month or annual policy periods. of $664 a year, significantly lower than most competitors, based on Insurance.com's in-depth data analysis.
| Company | Teens | Young Adults | Adults | Seniors |
|---|---|---|---|---|
| Auto-Owners | $1,713 | $1,104 | $716 | $664 |
| Travelers | $2,442 | $1,298 | $790 | $683 |
| USAA | $2,523 | $1,138 | $773 | $744 |
| Allstate | $3,140 | $1,907 | $1,169 | $1,089 |
| State Farm | $3,557 | $1,997 | $1,177 | $1,115 |
| Geico | $3,722 | $1,973 | $1,213 | $1,146 |
| Frankenmuth Insurance | $3,931 | $2,703 | $1,405 | $1,262 |
| MMG Insurance | $4,286 | $2,708 | $1,478 | $1,380 |
| Progressive | $5,354 | $1,939 | $1,082 | $1,017 |
| Farmers | $9,013 | $3,988 | $1,721 | $1,731 |
Cheapest car insurance companies in Bangor by driver profile
When determining car insurance rates in Bangor, insurers consider multiple factors, including the driver's profile. Individuals with a clean driving record enjoy substantially lower premiums than drivers with a history of accidents or traffic citations.
To find the cheapest car insurance company in Bangor, it's important to compare auto insurance rates from multiple providers. This way, you can find the best deal that meets your needs and budget.
In Bangor, these insurance companies offer cheap car insurance rates based on your driver profile.
- Cheapest for a driver with poor credit: Geico
- Cheapest for a driver with a speeding ticket: USAA
- Cheapest for accident: State Farm
- Cheapest for DUI: State Farm
Cheapest for a driver with poor credit: Geico
The cheapest car insurance company for a driver with poor credit is Geico. It offers auto insurance for Bangor drivers at about $1,101 per year.
The table below shows the list of car insurance companies that offer affordable car insurance for drivers with poor or bad credit scores.
| Company | Average annual rates |
|---|---|
| Geico | $1,101 |
| USAA | $1,135 |
| Travelers | $1,247 |
| Progressive | $1,762 |
| Allstate | $2,439 |
| State Farm | $2,541 |
| Farmers | $2,652 |
Cheapest for drivers with a speeding ticket: USAA
In Bangor, USAA provides the cheapest car insurance premiums for drivers aged 30 with speeding tickets on their record at an annual cost of $849, on average.
Find the best car insurance company for your needs by comparing quotes from different carriers. Don't assume that the cheapest option for someone else will also be the cheapest for you. Take the time to shop around and get the coverage that best suits your needs.
| Company | Average annual premium |
|---|---|
| USAA | $849 |
| State Farm | $909 |
| Geico | $1,041 |
| Travelers | $1,198 |
| Progressive | $1,373 |
| Allstate | $1,797 |
| Farmers | $2,815 |
Cheapest auto insurance after an at-fault accident: State Farm
If you've had an accident, State Farm might be your best bet for affordable auto insurance.
For Bangor drivers with an at-fault accident, State Farm offers the cheapest average annual rate at $988. It's a great option if you're looking for affordable coverage that won't break the bank.
After an accident, your insurance rates are likely to go up. Finding a provider with competitive rates can help you minimize the financial impact.
| Company | Average annual rates |
|---|---|
| State Farm | $988 |
| Travelers | $1,235 |
| USAA | $1,255 |
| Geico | $1,416 |
| Progressive | $1,833 |
| Allstate | $2,387 |
| Farmers | $3,264 |
Cheapest auto insurance after a DUI: State Farm
In Bangor, State Farm has the cheapest car insurance rates for individuals with DUI on their record. The company provides a full coverage policy at an average cost of $909 a year.
If you are convicted of a DUI, your auto insurance rates are likely to go up. To obtain the best possible offer, it is essential to compare car insurance quotes from multiple carriers.
| Company | Average annual rates |
|---|---|
| State Farm | $909 |
| Progressive | $1,439 |
| Travelers | $1,491 |
| USAA | $1,548 |
| Allstate | $2,602 |
| Farmers | $2,804 |
| Geico | $2,919 |
Average car insurance cost in Bangor
On average, Bangor drivers pay $1,128 annually, or $94 monthly, for full coverage car insurance policies with a coverage level of 100/300/100. Conversely, the average annual cost of state minimum coverage in Bangor is $339.
Choosing full coverage insurance may mean a higher policy cost compared to the state minimum, but it offers better protection. It provides liability coverage as well as
| Average annual Rates | State minimum average |
|---|---|
| $1,128 | $339 |
Methodology
Insurance.com commissioned 2023 data for the cheapest car insurance rates in cities from Quadrant Data Services for all 50 states and Washington D.C. Rates are based on the following profile:
- 40-year-old male driver
- Honda Accord LX
- 12-mile daily commute, 10,000 annual miles
- Good credit
- Clean record
While the rates for drivers with poor credit, speeding tickets, DUI and at-fault accidents were sourced from the Auto Problems Report 2023.
Rates are based on coverage limits of:
- $100,000 bodily injury per person
- $300,000 bodily injury per accident
- $100,000 property damage per accident
- $500 comprehensive and collision deductible
Insurance.com analyzed rates from over 34,000 ZIP codes, 56 million quotes, and 136 companies. Based on the analysis, we have created lists of the cheapest companies for different driver profiles. USAA also made it to the list, but it offers services only to current and former military members and their families. Rates sourced from Quadrant Data Services for comparison purposes only; your rates may differ.
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