Popular Questions about Homeowners Insurance in Maine

The average homeowners insurance rate in Maine is $882 per year, which is much lower than the national figure at $1,211 annually. Pricing is based off of your individual exposures, making each premium different. To find your exact costs, consult with a licensed professional for tailored quotes. 

If a water main breaks and causes water damage to your home, you probably don't have the protection you think you do. The majority of homeowners policies will not have coverage for a water main break. Some carriers have an option to include limits for outside waterlines that break and damage your Maine property, and it can be added for an extra premium.

Maine home insurance can be found through some of the top-rated carriers in the market. Travelers, Progressive, and Main Street America insurance companies are highly used in Maine. This is because they have fast service, good response to claims, and a broad coverage selection. 

Carriers use a combination of personal data and outside risk factors when calculating your insurance rates. Homeowners insurance premiums are based on items like past claims reported, the value of your home, and limits selected. Insurance companies will use local factors like crime, severe weather, and natural disasters as well to rate your policy.

In Maine, you'll have numerous options when it comes to homeowners insurance. The type of home policy you need will depend on the property you own. Check out the different insurance policies you can obtain for your primary home:

  • HO-3: Most commonly used
  • HO-5: For higher valued homes
  • HO-6: For townhomes and condos

Yes, Maine has roughly 165 independent insurance agencies that are ready to help with your home insurance. They work with dozens of carriers so that you don't have to, making it super-simple. An independent insurance agent does the shopping for free so it won't cost you anything.

Do You Know What Your Maine Home Insurance Covers?

Find the Best Homeowners Insurance in Your City

How does your city measure up to the national average?C

National average burglary rate 3.76 per 1,000 people

National average home value $269,000

National average home insurance cost $1,211 year

CityAvg. home valueBurglaries / 1,000 homesAnnual insurance cost
Auburn$191,0422.80$788
Augusta$165,3783.40$819
Bangor$191,0422.80$851
Bath$301,8822.05$842
Biddeford$262,5523.49$907
Brewer$185,5000.78$793
Caribou$130,1221.71$725
Lewiston$149,3152.46$839
Portland$304,1672.52$878
Presque Isle$136,4085.11$747
Saco$282,7822.45$923
Sanford$214,5793.61$866
South Portland$265,3552.11$874
Waterville$200,0742.99$810
Westbrook$229,0842.75$845
  1. $73
  2. Portland, ME Monthly average home insurance cost
  3. The average monthly cost of home insurance in Portland is $73.
  4. Home insurance rates in can vary from one homeowner to the next, especially in a large city like Portland. Your rate can be based on several unique factors like the size, value, and location of your home, the number of people who live in your residence, the materials used in your home’s construction, and sometimes even your credit score.
  5. Some of the most expensive hazards faced by homeowners in Portland are severe weather events like hurricanes, tropical storms and windstorms. Fortunately, your homeowners insurance can help you repair or replace your home and belongings, and can even help you pay for a hotel if you are temporarily displaced while major damage to your home is being repaired. 


  1. $70
  2. Lewiston, ME Monthly average home insurance cost
  3. The average monthly cost of home insurance in Lewiston is $70.
  4. Your homeowners insurance rates are calculated according to considerations like the value of your home, the size of your deductible, your claims history, and sometimes even your credit score. You can therefore expect that your monthly premium may be different from this average.
  5. Many homeowners in Lewiston have a significant risk of sustaining flood damage. This risk isn’t limited to those who are situated near the banks of the Androscoggin River. When heavy rains fall, the ground can become saturated and drainage systems can become overwhelmed, leading to flash flooding throughout the city. However, it is important to bear in mind that homeowners insurance does not cover flood damage.


  1. $71
  2. Bangor, ME Monthly average home insurance cost
  3. The average monthly cost of home insurance in Bangor is $71.
  4. Your house and property coverage needs are not the same as your neighbor’s. While everyone in your neighborhood faces the same crime and weather risks, your homeowners insurance premium can also be based on factors like the size, age and value of your home, the type of roof you have and when it was last replaced, your claims history, the number of people in your household, and potentially even your credit score. Your monthly rate for Bangor homeowners insurance may therefore be higher or lower than this average.
  5. Residential fires present one of the most devastating risks to homeowners. In addition to severely damaging your house, a fire can lead to a total loss of your personal belongings, including your personal items such as furniture, electronics, and art. That is why it is important for your dwelling coverage to be high enough to enable you to rebuild your home and that you have sufficient contents coverage to let you replace your lost or damaged property without enduring a large financial loss.


  1. $66
  2. Auburn, ME Monthly average home insurance cost
  3. The average monthly cost of home insurance in Auburn is $66.
  4. Of course, what you may actually be expected to pay can differ significantly from this average price. This is because costs are based primarily on the value of your property. Some of the other factors that can influence your premium amount include the age and size of your house, the crime rate and weather risks in your ZIP code, the size of your deductible, and your claims history. 
  5. Winter storms can be a problem in Auburn. Heavy snows can damage roofs, ice dams can destroy gutters, and freezing temperatures can cause water pipes to burst, which can result in extremely expensive damage in your home. Auburn homeowners insurance can give you peace of mind in knowing that your winter-damaged home can be returned to normal without causing you a large personal expense.


  1. $76
  2. Biddeford, ME Monthly average home insurance cost
  3. The average monthly cost of home insurance in Biddeford is $76.
  4. Not all Biddeford homeowners will pay the same amount for their home insurance. Your monthly rate is based on several considerations such as the crime rate in your ZIP code, the size of your home, the building materials used in your home’s construction, your claims history, the amount of your deductible, and more.
  5. With about 80 burglaries reported in a typical year, this small city has one of the highest property crime rates in the state. It is therefore important that you take precautions like using deadbolt locks and home security systems to help protect your home. Fortunately, your Biddeford homeowners insurance can compensate you for your losses if you are the victim of a property crime like theft, vandalism, or even arson.