Gorham Insurance Rates:

Gorham, ME homeowners insurance is about $589 to $802, about $49-$66/month. Our in depth analysis reveals consumers can save as much as $278 by comparing many quotes. Enter your zipcode below and click “GO” to get multiple free quotes.

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Gorham, ME Homeowners Insurance By Home Value

Gorham, ME Home Value Total Homes % of Total Average Gorham, ME Homeowners Insurance
Less than $50,000 191 4.0% $69
$80,000 to $89,999 46 1.0% $243
$100,000 to $124,999 103 2.0% $312
$125,000 to $149,999 79 1.0% $389
$150,000 to $174,999 520 11.0% $465
$175,000 to $199,999 372 8.0% $535
$200,000 to $249,999 1,108 25.0% $639
$250,000 to $299,999 953 21.0% $785
$300,000 to $399,999 945 21.0% $1000

Top Home Insurance Agents Near Gorham, ME

Home Insurance Company Near Gorham, ME Homeowners Insurance Agency Near Gorham, ME Address
NA Ellis Insurance Agency 196 St, York, ME, 3909
NA United Insurance Parent Agency 31 Court St Fl 2, Auburn, ME, 4210
Allstate Brennan Agency Inc 168 Main St # A, Winthrop, ME, 4364
State Farm Chris Grimes 20 Bath Rd, Brunswick, ME, 04011-2604
Liberty Mutual Duane Buzzell 1775 Lisbon Rd., Lewiston, ME, 4240

Cost Of Homeowners Insurance By Street Near Gorham, ME

Streets in Gorham Area Homeowners Insurance Cost
Finn Parker Rd, Hurricane Rd, Pumpkin Hill Rd, Morrill Ave, Cornucopia Way, Sunset Ln, Tapley Dr, Starlit Way, Old Oak Ln, Rust Rd$701
Falcon Crest Dr, Hebert Way, Park Ln, Lois Ln, Underhill Dr, Little River Dr, Norway, Hope Dr, Gale St, Brydon Ln$697
Patriots Way, State Rte 112, Ira Dr, Washburn Dr, Day Rd, Eagle Cove Rd, Perry Ln, Maccoro Dr, Feld Stream Way, Stroudwater Falls Ln$694
Huston Rd, Running Springs Rd, Winterberry St, Pinecone Ln, Dolloff Rd, Oak Cir, Saco St, Rustic Ridge Dr, Wolf River Rn, Wilson Rd$705
Jonathan Rd, Oak Wood Dr, Mighty St, Hodgdon Rd, Barstow Rd, Faith Dr, Ledge Hill Rd, Dana St, Annies Way, Kemp Rd$687

Gorham, ME Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Gorham$103 to $106
Little Falls$100
Westbrook$101
Buxton$103

Gorham, 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
Little Falls CDP, Maine $84 $112 $168
South Windham CDP, Maine $84 $112 $168
Westbrook city, Maine $85 $113 $169

Gorham, 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
Gorham, ME3.3%9.8%
Little Falls3.89%9.96%
South Windham4.74%11.78%
Westbrook3.62%9.26%

Gorham Renters Insurance as a Percentage of Rent

Gorham Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 117 12.0% $325
$200 to $299 111 12.0% $775
$300 to $499 10 1.0% $1225
$500 to $749 175 18.0% $1900
$750 to $999 91 9.0% $2650
$1,000 to $1,499 309 33.0% $3775
$1,500 or more 109 11.0% $5425

Gorham, ME Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$500$1,500
Yearly Gorham Homeowner Insurance Premium Example $1,100$900
Out of Pocket Expense During Claim$500$1,500
Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim $9,300$8,700
Net Savings to Gorham Home Owner from High Deductible Plan $600

Gorham, ME Home Insurance Costs With Home Replacement Value Scenarios

Scenario Gorham, ME Home Replacement Value MORE than Home Value Gorham, ME Home Replacement Value LESS than Home Value
Replacement Value $283,500 $197,000
Insurance Premium based on Replacement Value $1,550 $1,075
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $49,500 Risk Exposure from Under Insuring Coverage is $37,000
Premium Impact Insurance cheaper by $200/year Insurance costlier by $275/year

Example Gorham Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Farmers InsuranceTravelersLiberty Mutual
Monthly Premium 66140121
Year Built 199319432000
Home Details 3 Beds, 1 Baths4 Beds, 3 Baths5 Beds, 4 Baths
Coverage Amount $150000-$175000$300000-$350000$350000-$400000
Deductible $500 Deductible$500- $1000 Deductible$1000-$2500 Deductible

Sample Home Insurance Rates for Gorham, ME from Consumer Reviews & Surveys

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
2007 530,000 Asphalt Shingles Roof 4,320 5 > $10,000 Deductible 890 9 Stone Siding yes
2004 655,000 Metal Roof 4,630 5 > $10,000 Deductible 1460 10 Stone Siding No
1988 180,000 Composition Roof 1,570 5 $1000-$2500 Deductible 1120 12 Fiber-Cement Siding No
2006 265,000 Slate Shingles Roof 2,330 3 $5000 to $10,000 Deductible 70 1 Stucco siding No
1999 360,000 Composition Roof 2,890 5 $1000-$2500 Deductible 1160 9 Stone Siding No
1999 520,000 Membrane Roof 3,390 4 $1000-$2500 Deductible 1970 7 Stucco siding yes
1946 170,000 Slate Shingles Roof 1,490 3 $500- $1000 Deductible 690 9 Vinyl siding yes
2002 220,000 Tile Roof 1,570 5 $500- $1000 Deductible 540 7 Stone Siding No
2006 390,000 Shingles Roof 2,710 4 $5000 to $10,000 Deductible 820 6 Stucco siding yes
1945 425,000 Tile Roof 2,710 5 $500- $1000 Deductible 2330 10 Wood siding yes
1983 200,000 Wood Shake Roof 1,650 4 $500- $1000 Deductible 360 4 Brick siding No
1982 265,000 Composition Roof 1,910 3 $500 Deductible 560 5 Brick siding yes
2010 585,000 Shingles Roof 4,520 5 $5000 to $10,000 Deductible 650 5 Stone Siding yes
1983 360,000 Slate Shingles Roof 2,550 4 > $10,000 Deductible 1170 10 Fiber-Cement Siding No
2012 355,000 Membrane Roof 2,720 4 > $10,000 Deductible 140 2 Vinyl siding yes
2010 150,000 Metal Roof 1,360 3 $500- $1000 Deductible 60 1 Stucco siding No
1989 160,000 Shingles Roof 1,230 3 $5000 to $10,000 Deductible 90 2 Wood siding yes
2006 195,000 Shingles Roof 1,340 3 $500- $1000 Deductible 580 8 Vinyl siding No
1999 555,000 Membrane Roof 4,390 5 $1000-$2500 Deductible 1530 8 Stucco siding No
2011 500,000 Shingles Roof 3,370 4 $2500-$5000 Deductible 960 7 Stone Siding No
2013 280,000 Membrane Roof 2,110 3 $1000-$2500 Deductible 420 4 Vinyl siding yes
1994 240,000 Shingles Roof 1,660 4 $5000 to $10,000 Deductible 310 4 Stone Siding No
1942 590,000 Asphalt Shingles Roof 4,270 5 $1000-$2500 Deductible 2500 12 Stone Siding yes
2002 170,000 Composition Roof 1,600 5 $500 Deductible 710 10 Stone Siding No
2004 450,000 Shingles Roof 3,300 5 $1000-$2500 Deductible 740 5 Vinyl siding yes
1987 255,000 Wood Shake Roof 2,120 4 $500 Deductible 330 3 Stucco siding No
2012 220,000 Slate Shingles Roof 1,780 3 $500 Deductible 570 7 Brick siding No
1998 545,000 Composition Roof 3,720 5 $500 Deductible 660 3 Brick siding No
1980 300,000 Metal Roof 2,510 5 $5000 to $10,000 Deductible 950 10 Brick siding No
1997 305,000 Tile Roof 2,360 3 $1000-$2500 Deductible 260 2 Brick siding yes
1990 195,000 Shingles Roof 1,630 4 $500 Deductible 1070 12 Brick siding yes
1997 440,000 Tile Roof 2,860 4 > $10,000 Deductible 480 4 Vinyl siding No