Bangor Insurance Rates:

Bangor, ME homeowners insurance is about $561 to $761, about $46-$63/month. Our exhaustive guide shows customers can save as much as $264 by getting many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Home Insurance Companies in Bangor, ME: Customer-Reviewed Options


Top Home Insurance Agents Near Bangor, ME

Home Insurance Company Near Bangor, ME Homeowners Insurance Agency Near Bangor, ME Address
Travelers Ghm Agency 51 MAIN ST, WATERVILLE, ME, 4901
Travelers The One Maine Insurance Llc 792 MAIN RD N, HAMPDEN, ME, 4444
Liberty Mutual Independent Brown & Milliken Agency 67 Foster St, Ellsworth, ME, 4605
Travelers Cross Insurance-Union 1719 HEALD HWY, UNION, ME, 4862

Bangor, ME Home Insurance Agents for Top Companies

 

Bangor, ME Auto & Homeowners Insurance Bundling Discounts

Place 1 Car Bundle Savings On Insurance 2 Car Bundle Savings On Insurance 3 Car Bundle Savings On Insurance
Veazie town, Penobscot County, Maine $83 $111 $166
Orono town, Penobscot County, Maine $85 $113 $169
Brewer city, Maine $83 $111 $166

 


Bangor, ME Area Home Insurance as a % of Housing Cost

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Bangor, ME4.1%10.1%
Veazie3.57%11.41%
Orono3.85%9.16%
Brewer3.94%10.04%

Bangor Renters Insurance as a Percentage of Rent

Bangor Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 355 4.0% $343
$200 to $299 362 4.0% $793
$300 to $499 566 7.0% $1243
$500 to $749 2,644 34.0% $1918
$750 to $999 2,433 31.0% $2668
$1,000 to $1,499 1,111 14.0% $3793
$1,500 or more 147 1.0% $5443

Cost Of Homeowners Insurance By Street Near Bangor, ME

Streets in Bangor Area Homeowners Insurance Cost
Montgomery St, Palm St, Sunny Hollow Pl, Rice St, Pushaw Rd, Buck St, Kossuth St, Blue Hill W, Gilman Plz, Rolling Meadow Dr$651
Clark Ave, College Cir, Bowdoin Pl, Cherry Ln, Woodview Dr, Bower St, Hillside Ave, Chase Rd, Sanford St, Grace Ct$652
Doane St, Mount Desert Dr, Dillingham St, Dole Ct, Pleasantview Ave, Bangor Mall Blvd, Mildred Ave, Haskell Rd, Fawn Ct, Dayton St$661
Graham Ave N, Telcom Dr, Parkview Ave, Falvey St, Cottage St, Wingate Ct, Tyler Ave, Center Street Ave, Yale St, Parker St$654
Frances St, Dunning Blvd, Newbury St, Alder Ln, Banair Rd, Pond St, Union Pl, Fountain St, Finson Rd, Nicole Ct$648

Bangor, ME Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Bangor$98 to $101
Veazie$100
Orono$101
Brewer$99

Bangor, ME Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$700$2,700
Yearly Bangor Homeowner Insurance Premium Example $1,000$600
Out of Pocket Expense During Claim$700$2,700
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $7,700$6,900
Net Savings to Bangor Home Owner from High Deductible Plan $800

 


Bangor, ME Home Insurance Costs With Home Replacement Value Scenarios

Scenario Bangor, ME Home Replacement Value MORE than Home Value Bangor, ME Home Replacement Value LESS than Home Value
Replacement Value $164,000 $115,500
Insurance Premium based on Replacement Value $925 $650
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $31,000 Risk Exposure from Under Insuring Coverage is $17,500
Premium Impact Insurance cheaper by $100/year Insurance costlier by $175/year

 


Example Bangor Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company TravelersAllstateFarmers Insurance
Monthly Premium 1958529
Year Built 196819491982
Home Details 5 Beds, 4 Baths4 Beds, 1 Baths2 Beds, 1 Baths
Coverage Amount $400000-$500000$250000-$300000$50000-$75000
Deductible $500 Deductible$1000-$2500 Deductible$500 Deductible