Maine homeowners insurance calculator

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Homeowners insurance in Maine costs an average of $1,335 per year, though your actual premium will vary based on your home’s location, replacement cost, coverage limits, and deductible.

If you want an estimate to get a general idea about how much it costs to insure your property – our Maine homeowners insurance calculator shows how dwelling coverage, liability limits and deductible choices affect your premium, with rate comparisons across insurers and against the state average.

Whether you’re buying a home, reviewing your policy or shopping for a better rate, the calculator gives you a clearer picture of what to expect before you start getting quotes.

How can I lower my homeowners insurance premium in Maine?

Shop around and compare quotes from multiple insurers – rates for the same coverage can differ significantly.
Raise your deductible – a higher up-front cost to you usually translates to a lower annual premium.
Bundle your home and auto insurance with the same insurer to qualify for a multi-policy discount.
Install safety features like smoke detectors, deadbolt locks or a security system, which can qualify you for additional discounts.

How to use the Maine home insurance calculator

Our calculator is built to give you a fast, personalized cost estimate for homeowners insurance in Maine. Enter a few key details, and you’ll have a working figure in minutes. Here’s how:

Select your state. Choose Maine to pull rates relevant to your location.
Enter your dwelling coverage amount. This reflects what it would cost to fully rebuild your home.
Choose your liability limit. This covers you if someone is injured on your property or you accidentally damage someone else’s belongings.
Set your deductible. The amount you’d pay out of pocket before your policy kicks in.

Once you’ve filled in your details, the calculator will display:

The average annual homeowners insurance rate in Maine
The highest and lowest rates found in our data
A list of insurers in Maine alongside their typical annual premiums

It’s a practical way to get a cost estimate and size up your options.

Maine home insurance calculator

See how the average annual home insurance rates vary with the options chosen.

State

Maine

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Dwelling coverage

Liability coverage

Deductible

$1,000 with 2% Hurricane deductible

Standard ($2500)Standard ($1000)$2,500 with 2% Hurricane deductible$1,000 with 2% Hurricane deductible

Average annual home insurance rates in
Maine

$1,335 Average rate

Average rate

$1,335/Yr

Lowest rate

$767/Yr

Highest rate

$2,252/Yr

Rates by carriers in Maine

Company	Average annual rate
Vermont Mutual	$767
Allstate	$1,011
Auto-Owners	$1,066
Chubb	$1,352
Frankenmuth Insurance	$1,380
State Farm	$1,430
Farmers	$1,483
Quincy Mutual	$1,565
MMG Insurance	$1,699
The Hanover	$2,252

Methodology

Insure.com commissioned Quadrant Information Systems to analyse home insurance rates from major insurers in the U.S. The analysis includes over 37 million quotes from 134 companies across more than 34,000 ZIP codes, using standardized coverage levels to calculate national averages. The homeowner profile is a 35-year-old married applicant with excellent insurance score; new business HO3 policy for house built in 2000 with frame construction and composition roof. Other Structures: 10%. Loss of Use defaulted: 10%. Guest Medical limit: $5,000. Deductible limit: $1,000. Personal property: 50% of dwelling coverage for replacement value

Key Takeaways

Homeowners insurance in Maine averages $1,335 per year, which is cheaper than the national average of $2,612.
Your premium will be shaped by your home’s location, age, size, rebuilding cost, and the coverage levels you select.
Standard home insurance policies don’t include flood, earthquake, or other climate-related disaster coverage – if you’re in a high-risk area, separate coverage is worth looking into.
Premiums differ considerably between insurers, so comparing quotes is one of the most reliable ways to reduce what you pay.

What affects your homeowners insurance premium?

Several variables influence what you’ll pay, including your home’s location, age and construction type, your claims history, and the coverage options you choose.

Dwelling coverage. The estimated cost to rebuild your home, accounting for its size, materials, and local construction rates.
Liability coverage. Covers you financially if someone is hurt on your property or you cause accidental damage to another person’s property.
Deductible. What you contribute before your insurance pays out. A higher deductible lowers your premium, but increases your upfront costs when a claim arises.

Check your credit score

In some states, insurers use a credit-based insurance score as one of their pricing factors – and it can have a meaningful effect on your premium. Depending on where you live, keeping your credit in good shape by paying bills on time and managing debt levels can work in your favor when it comes to renewal time.

How does dwelling coverage affect homeowners insurance in Maine?

Dwelling coverage helps pay to repair or rebuild your home. The amount you choose will directly affect your insurance premium – higher coverage generally means higher premiums. Still, it’s important to select enough coverage to avoid paying high out-of-pocket costs if something happens to your home.

The table below shows the average annual and monthly premiums based on different dwelling coverage amounts.

Dwelling coverage	Average annual rate	Average monthly rate
$200,000	$990	$83
$300,000	$1,335	$111
$400,000	$1,685	$140
$600,000	$2,431	$203
$1,000,000	$3,743	$312

Average cost of homeowners insurance in Maine

The average homeowners insurance premium in Maine is $1,335 per year, which is cheaper than the national average of $2,612.

This figure is based on a standard policy with:

$300,000 in dwelling coverage
$300,000 in liability protection
$1,000 deductible

What you actually pay will depend on a range of factors specific to your property and location, including your home’s age, size, and estimated cost to rebuild.

Average cost of home insurance in major Maine cities

Homeowners insurance costs in Maine can look very different depending on where you live. Homeowners in Auburn pay some of the lowest rates in the state, while those in Saco pay some of the highest.

The table below highlights the average annual rates in major cities across Maine.

City	Average annual rate	Average monthly rate
Auburn	$1,196	$100
Augusta	$1,280	$107
Bangor	$1,421	$118
Biddeford	$1,485	$124
Lewiston	$1,263	$105
Portland	$1,464	$122
Saco	$1,520	$127
Sanford	$1,446	$121
South Portland	$1,386	$116
Westbrook	$1,368	$114

Home insurance rates vary from one city to another. But with Insure.com, finding the right home insurance policy is easy. Learn more about homeowners insurance costs for different cities below.

Home insurance rates in Maine by city

See rates in your city

Bangor

How do natural disasters affect homeowners insurance rates in Maine?

Where your home sits on the map directly affects what you pay for insurance. Homes in areas prone to flooding, wildfires, hurricanes or tornadoes tend to carry higher premiums because they’re more likely to result in large claims.

What’s equally important to know is that standard homeowners policies don’t cover these events. Depending on your location, you may need separate policies or endorsements for:

Flooding
Wildfires
Hurricanes
Tornadoes

Adding this coverage raises your premium, but it also means you won’t be left covering major losses out of pocket after a disaster.

What is a hurricane deductible, and how does it impact home insurance rates in Maine?

A hurricane deductible is a separate deductible on your homeowners insurance policy that only applies to hurricane damage. While the standard policy deductible is a fixed amount, the hurricane insurance deductible is usually a percentage of the dwelling coverage, often up to 10%.

Compare the rates below with and without a 2% hurricane deductible. If your policy excludes a hurricane deductible and you live in a hurricane-prone area, hurricane damage won’t be covered at all. Always review your policy details carefully to ensure you have the protection you need.

Average rates with hurricane deductible	Average rates w/o hurricane deductible
$1,335	$1,382

What our expert says

Q: What additional coverage should homeowners buy?

Amy BachExecutive Director of United Policyholders

“For those who live near any body of water or at the base of a hill, get a quote for flood insurance.”

Frequently asked questions

What is the average cost of homeowners insurance in Maine?

Homeowners in Maine pay an average of $1,335 per year. Your actual rate will depend on your home’s location, age, construction, replacement cost, and the coverage limits and deductible you choose.

How much homeowners insurance coverage do I need in Maine?

Your dwelling coverage should be enough to fully rebuild your home after a total loss. For liability, choose a limit that covers your assets in case you’re held responsible for someone’s injuries or property damage. If you own valuable property or have significant savings, higher limits and endorsements are worth considering.

Does increasing my deductible lower homeowners insurance costs?

Yes – a higher deductible means a lower premium, since you’re taking on more of the upfront cost before coverage kicks in. Just make sure the deductible you choose is an amount you can realistically afford to pay if you need to file a claim.

Methodology

Insure.com commissioned homeowners insurance rates from Quadrant Data Services in late 2025, covering policies with dwelling coverage ranging from $200,000 to $1 million and liability coverage of $100,000 and $300,000. Sample rates were based on a $1,000 deductible and a 2% hurricane deductible where applicable.

Calculate home insurance premium in other states

$1,397/Year

$3,633/Year

$3,733/Year

$2,344/Year

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$1,374/Year

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$2,323/Year

$659/Year

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Alisha Ambre

Alisha Ambre holds a Bachelor of Arts with honours in English Literature and Media Studies. She focuses on crafting clear, engaging content that makes complex information feel practical and approachable for everyday readers. When she’s not writing, she’s likely on the volleyball court or immersed in a good video game.