Portland Insurance Rates:

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.

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Latest Home Insurance Reviews

Allstate
Customer service reps mics are often staticky and make the whole process annoying. mics without static would help everything go smoothers.
All State
Sometimes the agent doesn't get back to me in time, but i feel that's probably because my agent as stepped away and they know i prefer him.
All State
I have the best home insurance company ever. my claims are always handled quickly, and i've never had a problem.

Portland, ME Homeowners Insurance By Home Value

Portland, ME Home Value Total Homes % of Total Average Portland, ME Homeowners Insurance
Less than $50,000 191 1.0% $69
$100,000 to $124,999 372 3.0% $312
$125,000 to $149,999 518 4.0% $389
$150,000 to $174,999 1,242 10.0% $465
$175,000 to $199,999 1,629 13.0% $535
$200,000 to $249,999 3,381 28.0% $646
$250,000 to $299,999 2,491 20.0% $785
$300,000 to $399,999 2,080 17.0% $1000

Top Home Insurance Agents Near Portland, ME

Home Insurance Company Near Portland, ME Homeowners Insurance Agency Near Portland, ME Address
NA First Insurance Agency Llc 2320 Congress St., Portland, ME, 4102
NA Advantage Insurance, Inc. 77 Saco Ave , Old Orchard Beach, ME, 4064
NA Sanford Insurance 222 St John Street #128, Portland, ME, 4102
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

Cost Of Homeowners Insurance By Street Near Portland, ME

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

Portland, ME Home Insurance Savings For Senior Occupied Homes

PlaceSavings For Senior Occupied Homes
Portland$104 to $106
Long Island$106
Cape Elizabeth$110
South Portland$103

Portland, 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
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

Portland, 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
Portland, ME3.3%8.6%
Long Island3.19%13.03%
Cape Elizabeth2.67%7.48%
South Portland3.48%10.26%

Portland Renters Insurance as a Percentage of Rent

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

Portland, ME Home Insurance Costs With Deductible Scenario

Low DeductibleHigh Deductible
Deductible$500$3,500
Yearly Portland Homeowner Insurance Premium Example $1,500$900
Out of Pocket Expense During Claim$500$3,500
Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim $11,000$9,800
Net Savings to Portland Home Owner from High Deductible Plan $1,200

Portland, ME Home Insurance Costs With Home Replacement Value Scenarios

Scenario Portland, ME Home Replacement Value MORE than Home Value Portland, ME Home Replacement Value LESS than Home Value
Replacement Value $239,000 $185,500
Insurance Premium based on Replacement Value $1,275 $975
Risk Exposure from Under Insuring Coverage Unnecessary Home Insurance Coverage of $30,000 Risk Exposure from Under Insuring Coverage is $23,500
Premium Impact Insurance cheaper by $125/year Insurance costlier by $175/year

Example Portland Homeowners Insurance Comparison Table to Compare The Cheapest Quotes

Insurance Company Amica Mutual Insurance CompanyTravelersLiberty Mutual
Monthly Premium 1283753
Year Built 199119461996
Home Details 5 Beds, 3 Baths2 Beds, 1 Baths4 Beds, 2 Baths
Coverage Amount $250000-$300000$150000-$175000$250000-$300000
Deductible $500 Deductible$5000 to $10,000 Deductible> $10,000 Deductible

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

Year Built Home Value Roof Type Sqft Number of Bedrooms Deductible Premium Premium Months Siding Type Smoker/Non Smoker
1999 410,000 Composition Roof 2,960 4 $500- $1000 Deductible 1180 6 Vinyl siding No
1993 340,000 Composition Roof 2,530 4 $2500-$5000 Deductible 770 8 Stone Siding yes
1994 185,000 Metal Roof 1,300 2 $500 Deductible 210 2 Wood siding yes
1992 185,000 Membrane Roof 1,210 3 $500 Deductible 370 5 Brick siding yes
1996 275,000 Asphalt Shingles Roof 1,810 4 > $10,000 Deductible 150 3 Vinyl siding yes
1995 445,000 Wood Shake Roof 2,910 5 $5000 to $10,000 Deductible 1070 12 Wood siding yes
1948 240,000 Composition Roof 1,540 3 $5000 to $10,000 Deductible 350 4 Wood siding No
1995 170,000 Metal Roof 1,620 3 $5000 to $10,000 Deductible 250 6 Vinyl siding No
1998 220,000 Composition Roof 1,710 3 $500 Deductible 200 2 Stucco siding yes
1949 185,000 Metal Roof 1,190 2 $5000 to $10,000 Deductible 300 9 Brick siding No
1948 280,000 Shingles Roof 1,940 3 $500- $1000 Deductible 420 3 Wood siding No
1997 440,000 Composition Roof 3,610 5 > $10,000 Deductible 510 5 Brick siding No
1937 235,000 Wood Shake Roof 1,117 2 $500- $1000 Deductible 620 5 Stone Siding yes