Maine has ranked 51st on another list, but this time placing last is a badge of honor.
Maine has the least expensive car insurance rates in the country, placing it 51st on Insure.com’s list of the most expensive states, and Washington, D.C., for car insurance.
Maine’s average annual premium was $934, according to the survey.
The state with the highest auto insurance rates was Louisiana, whose residents face an average annual premium of $2,699, according to the survey.
The survey gathered car insurance quotes for 750 car models from six of the largest insurance carriers — Allstate, Farmers, GEICO, Nationwide, Progressive and State Farm — in 10 ZIP codes per state. Quotes were for a single, 40-year-old male driver with good credit and a clean record who commutes 12 miles to work each day. Rates were compiled in December 2012.
Amy Danise, editorial director for Insure.com, also provided the Bangor Daily News with the data from the survey that lists the most expensive and least expensive cars to insure in Maine.
Find the complete list of the most expensive cars to insure in Maine here.
If you want to save money on your car insurance, your best bet would be to drive a Honda Odyssey LX, which has an average annual premium in Maine of $704. The national average for the same model van is $1,263.
The most expensive car to insure in Maine is currently the Mercedes-Benz CL65 AMG, which posted an average annual premium of $2,010 in the state. The national average for the same model was $3,330.
Maine also ranked 51st on last year’s list, posting an average annual premium of $889. Maine has been in the bottom 10 of the list since 2010, according to a news release.
“I do think Maine being so rural is a factor in low rates,” Sheila Sawyer, president of the Maine Insurance Agents Association and an agent with Carl M.P. Larrabee Agency Inc. in Wiscasset, said in a statement. “We just don’t have much city driving, and people learn to drive in all types of weather.”
Sawyer also cited Maine’s tight restrictions on young drivers and its graduated licensing program for new drivers as factors that likely help keep accidents, and therefore rates, down.