Portland, ME homeowners insurance is nearly $590 to $800, about $49-$66/month. Our in depth research indicates shoppers can save upto $278 by getting multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
| Home Insurance Company Near Portland, ME | Homeowners Insurance Agency Near Portland, ME | Address |
|---|---|---|
| Liberty Mutual Independent | John Flynn Ins Agency Inc | 818 CENTRAL AVE, DOVER, NH, 3820 |
| Liberty Mutual Independent | Kane Insurance Agency | 242 STATE ST, PORTSMOUTH, NH, 3801 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Long Island town, Cumberland County, Maine | $107 | $142 | $213 |
| Cape Elizabeth town, Cumberland County, Maine | $110 | $147 | $221 |
| South Portland city, Maine | $103 | $137 | $206 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Portland, ME | 3.3% | 8.6% |
| Long Island | 3.19% | 13.03% |
| Cape Elizabeth | 2.67% | 7.48% |
| South Portland | 3.48% | 10.26% |
| Portland Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 503 | 3.0% | $325 |
| $200 to $299 | 1,109 | 6.0% | $775 |
| $300 to $499 | 1,127 | 6.0% | $1225 |
| $500 to $749 | 2,816 | 16.0% | $1900 |
| $750 to $999 | 4,908 | 29.0% | $2650 |
| $1,000 to $1,499 | 4,824 | 29.0% | $3775 |
| $1,500 or more | 1,281 | 7.0% | $5425 |
| Streets in Portland Area | Homeowners Insurance Cost |
|---|---|
| Hancock St, Ivy St, Schooner Ln, Candlewyck Rd, Terrace Ave, Providence St, Warwick St, Lester Dr, A St, Oxford St | $690 |
| Roundabout Ln, Tate St, Munjoy S, Greenwood Ln, Tampa St, Rosemont Ave, Mayfield St, Stonecrest Dr, Harvard St, Avalon Rd | $682 |
| Torrington Ave, Boyd St, Clayton St, Wolcott St, Racine Ave, Ruby Ln, Eastern Promenade, Belknap St, Evergreen Ave, Custom House Wharf | $699 |
| Carleton St, Shepley St, Hunt St, Fox St, Columbia Rd, Cedarhurst Ln, Grace St, Washington Ave Exd, Houlton St, Sunset Ave | $761 |
| Florida Ave, Payson St, Hillcrest W, Wilson St, Abbott St, Purchas St, Frederick St, Sterling St, Winslow St, Commercial St | $683 |
| Longview Dr, Bishop St, Back Cove Estate, 5th St, Longfellow St, International Pkwy, Dorothy St, Birchwood Ave, Merriam St, Taft Ave | $685 |
| Poland St, McKinley Ct, True St, City Center, Ricker Park, Cove St, Candlewyck Ter, Revere St, E E Cove St, Kingsmark Ln | $682 |
| Bay St Exd, Neal St, Corless, Frances St, Ashmont St, Grafton St, Douglass Cir, College St, Phipps Rd, Veranda St | $686 |
| Willis St, Nicholas Ct, Deerfield Rd, Exchange St, Rustic Ln, Hadlock's Cove Rd, Range St, Reed Ave, Winter St, Prince Ave | $739 |
| View St, Lynn St, Saint Jude St, Silver St, Newton St, Monument Sq, Boynton St, Bryant St, Sherwood St, Spruce St | $685 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Portland | $104 to $106 |
| Long Island | $106 |
| Cape Elizabeth | $110 |
| South Portland | $103 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,700 | $2,700 |
| Yearly Portland Homeowner Insurance Premium Example | $700 | $500 |
| Out of Pocket Expense During Claim | $1,700 | $2,700 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $7,300 | $6,700 |
| Net Savings to Portland Home Owner from High Deductible Plan | $600 | |
| Scenario | Portland, ME Home Replacement Value MORE than Home Value | Portland, ME Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $251,500 | $158,500 |
| Insurance Premium based on Replacement Value | $1,225 | $775 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $53,000 | Risk Exposure from Under Insuring Coverage is $40,000 |
| Premium Impact | Insurance cheaper by $200/year | Insurance costlier by $250/year |
| Insurance Company | Liberty Mutual | Travelers | Allstate |
| Monthly Premium | 148 | 122 | 111 |
| Year Built | 1990 | 1946 | 1944 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 3 Baths | 5 Beds, 2 Baths |
| Coverage Amount | $300000-$350000 | $400000-$500000 | $400000-$500000 |
| Deductible | $500 Deductible | $2500-$5000 Deductible | > $10,000 Deductible |