Homeowners Insurance Cost in Maine
Homeowners insurance in Maine costs about $1,560 a year ($130 a month), which is 35% below the US average. Most prices fall from $850 to $3,580.
Homeowners Insurance Cost in Maine
| Low | Typical | High | |
|---|---|---|---|
| Maine | $850 | $1,560 | $3,580 |
| US average | $1,300 | $2,400 | $5,500 |
Claim frequency, litigation rates and weather losses push prices up or down in Maine. We rank Maine number 5 of 51 from cheapest to most expensive (1 is cheapest). State factor used: 0.65 (1.00 is the US average).
What the price covers
The figures are for a single-family home with about $300,000 of dwelling coverage. Storm, fire and flood risk, rebuild cost and roof age drive the price. Flood and earthquake are usually separate policies.
Ways to pay less in Maine
- Ask about discounts for a new roof, security system and bundled auto.
- A higher deductible lowers the premium, especially in storm-prone areas.
- Flood and earthquake damage are usually not covered. Ask about separate policies.
Frequently asked questions
How much is homeowners insurance?
In Maine the typical price is about $1,560 a year ($130 a month), with a range of $850 to $3,580.
Is homeowners insurance more expensive in Maine than average?
It is 35% below the US average of $2,400.
Is this a quote?
No. It is a modelled estimate. Get quotes for your exact situation.
Sources and method
- Insurance Information Institute: auto and homeowners insurance facts
- NAIC: average premium reports and consumer insurance guides
- Estimates only, not an insurance quote
Page last updated November 2026. See our editorial policy and disclaimer.