Maine Property & Casualty Insurance License Exam — All Questions
3 questions
What are Maine's minimum auto liability limits for a private passenger vehicle?
- a.$15,000 / $30,000 / $10,000
- b.$25,000 / $50,000 / $25,000
- c.$50,000 / $100,000 / $25,000✓
- d.$100,000 / $300,000 / $50,000
Per the Maine Bureau of Insurance, Maine's minimum liability limits are $50,000 bodily injury per person, $100,000 per accident, and $25,000 property damage (50/100/25), or a combined single limit of $125,000. Maine has among the highest compulsory minimums in the country; verify current figures with the Maine Bureau of Insurance.
In addition to liability limits, what uninsured/underinsured motorist (UM/UIM) coverage does Maine require on an auto policy?
- a.No UM/UIM is required in Maine
- b.UM/UIM of at least $50,000 per person / $100,000 per accident, matching the required liability limits✓
- c.UM/UIM of exactly $10,000 combined
- d.UM/UIM only for commercial vehicles
The Maine Bureau of Insurance requires uninsured/underinsured motorist coverage of at least $50,000 per person / $100,000 per accident. Your UM limit must equal your liability limit when that is higher than the minimum, unless you decline the higher amount in writing.
Which additional coverage does Maine require on a personal auto policy beyond bodily injury, property damage, and UM/UIM?
- a.Collision coverage of at least $5,000
- b.Comprehensive coverage of at least $1,000
- c.Medical payments coverage of at least $2,000 per person✓
- d.Gap coverage of at least $10,000
Per the Maine Bureau of Insurance, Maine requires a minimum of $2,000 per person in medical payments coverage on an auto policy, in addition to the 50/100/25 liability and 50/100 UM/UIM requirements. Collision and comprehensive remain optional (though a lender may require them).