Renters Insurance Cost in Maine
Renters insurance in Maine costs about $150 a year ($13 a month), which is 17% below the US average. Most prices fall from $80 to $300.
Renters Insurance Cost in Maine
| Low | Typical | High | |
|---|---|---|---|
| Maine | $80 | $150 | $300 |
| US average | $100 | $180 | $360 |
Insurers price by state because accident rates, theft, storms and legal costs differ from place to place. We rank Maine number 5 of 51 from cheapest to most expensive (1 is cheapest). State factor used: 0.84 (1.00 is the US average).
What the price covers
The figures are for about $30,000 of personal property and $100,000 liability. Renters insurance is one of the cheapest policies you can buy. Many landlords now require it.
Ways to pay less in Maine
- Count your belongings before you pick a limit; most people own more than they think.
- Bundle with car insurance for a discount.
- Choose replacement cost over actual cash value if the price gap is small.
Frequently asked questions
How much is renters insurance?
In Maine the typical price is about $150 a year ($13 a month), with a range of $80 to $300.
Is renters insurance more expensive in Maine than average?
It is 17% below the US average of $180.
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.