The state of Maine is the easternmost state in the United States of America. It is also the northernmost state of the New England region. Maine is very famous for its rocky coastline, thick forest cover in the interior and the low-lying hills. Maine is also very famous for its excellent seafood cuisine. The lobsters and clams are especially known all over the world. The capital city of Maine is Augusta and the biggest city in the state of Maine is Portland. It is the thirty ninth largest state and is ranked fortieth population wise.
Many states in the United States of America have made auto insurance mandatory. This is to ensure that every driver has enough finances or insurance protection to pay for damages that might be caused in case he is involved in an accident. The state of Maine follows the Tort system, like many other states in America.
According to the tort system, a person has to be found responsible in the event of an accident. He should be able to pay for all the damages caused to the other car, pedestrians or motorcycle owners that might be injured. This system also allows the injured or the victims of the accident to sue the person responsible for the accident, for damages. This is to ensure that the victims of the accident can recover damages for unnecessary pain and suffering. They can also sue for lost wages. To ensure a driver can pay for all these damages, the state of Maine has made auto insurance mandatory.
The state fixes a minimum liability. Minimum liability is the minimum amount that a person has to be insured for. The state of Maine has fixed sums that are slightly larger than the other states. In the state of Maine, the minimum liability is of the form 50/100/25. This means that every person must be insured for a minimum fifty thousand dollars per person for bodily injury per accident. The person must also be insured for a minimum of a hundred thousand dollars in total per accident covering two people. The minimum amount for property damage is twenty five thousand dollars.
The state of Maine has also Uninsured Motorist coverage of fifty thousand dollars per person and a hundred thousand dollars in total for bodily injury mandatory. This is not common with all the states. Another not so common feature is mandatory thousand dollars for medical expenses.
These are just the minimum amounts that have been deemed necessary by the state. The insurance industry advises much larger sums. The common amounts for bodily injury would fifty thousand dollars per person and a hundred thousand dollars in total for bodily injury. The amount commonly used for property damage is fifty thousand dollars. It is also common to find insurance policies with medical costs coverage of five thousand dollars.
The uninsured mandatory insurance coverage will usually be for an amount of a hundred thousand dollars and three hundred thousand dollars. It is also common to find physical damage policies. The collision damage policy usually has a deductible of five hundred dollars and comprehensive damage policy usually has a deductible of a hundred dollars.