The Best and Cheapest Home Insurance in Maine

The average cost of homeowners insurance in Maine is $895 per year.

To help Maine homeowners get the best home insurance, we collected thousands of quotes from the top insurance companies across the state and evaluated customer satisfaction ratings to find the best coverage.

Best cheap home insurance in Maine

Cheapest home insurance companies in Maine

Vermont Mutual offers the cheapest quotes for home insurance in Maine, at an average rate of $391 per year, or $33 per month. That’s $504 cheaper per year than the state average.

The average cost of home insurance in Maine is 41% cheaper than the overall national average of $1,516 per year.

Cheap annual home insurance in Maine

Best overall home insurance in Maine: Vermont Mutual

Vermont Mutual is our pick for the best home insurance in Maine because of its cheap rates, customer satisfaction reviews and multiple endorsements. Vermont Mutual offers home insurance for an average of $391 per year, which is 56% cheaper than the state average.

Vermont Mutual has an excellent Complaint Index score of 0.50 from the National Association of Insurance Commissioners (NAIC). That means it receives half as many complaints compared to other home insurance companies its size.

The company offers add-ons like mechanical breakdown coverage, which includes up to $50,000 in coverage for system failures like mechanical or electrical breakdowns. The company's Elite endorsement protects you against expensive service line repairs, like water pipes, sewer lines and cables. This can come in handy in the winter, when snow and ice can knock trees onto power lines or freeze pipes.

The most notable downside to Vermont Mutual is that you can’t get a quote or purchase a policy online. You’ll have to call a local agent for support. However, policyholders can file claims or pay bills online.

Best customer satisfaction: State Farm

State Farm provides standard home insurance coverages at cheap rates. The average cost of home insurance from State Farm is $593 per year, or $49 per month. That's about 34% cheaper than the state average of $895 per year.

State Farm is highly regarded for its convenience and customer satisfaction in Maine. The company receives few complaints compared to other home insurance companies of its size, according to the NAIC. State Farm requires policyholders to work with an agent, so you can get guidance through the claims process.

The biggest downside to State Farm is that you won't find many discounts. You can get savings for having a home security system or an impact-resistant roof, but these are standard discounts you'll find with most home insurance companies.

Best for prefab and mobile homes: Farmers

Maine has more than 600 manufactured housing communities, which is more than any other state in New England. Whether covering a permanent residence or a vacation home, Farmers offers abundant coverage for mobile homes through its subsidiary Foremost. Farmers offers coverage for risks like wind damage, personal injury liability and food spoils from a power outage.

You can customize your policy to cover other unique risks, like burst water pipes and water backup from sewers and drains. You can also be covered while you move your home to a new location. For vacation mobile or manufactured homes, Farmers offers seasonal coverage for risks such as ice damage in the winter, or lightning strikes if your home is near a body of water.

Farmers provides average customer service, scoring a 1.18 in the NAIC Complaint Index. This means that the company receives about 18% more complaints than insurers of a similar size.

The biggest downside to Farmers is that its home insurance rates are typically higher than other companies, averaging $1,463 per year for standard home insurance in Maine. However, your actual rates may vary for a prefab or mobile home, so you'll have to connect with an agent to inquire.

Best coverage options: Concord Group

Concord Group offers the most complete home insurance coverage for Maine homeowners. You can pay extra to customize your policies beyond the standard coverages. Endorsements include rare coverages such as defacement and misplacement of your property, upgrades to meet ordinance and law changes, and electrical and mechanical equipment breakdown.

Concord Group also offers an exceptionally valuable endorsement that covers the extra cost of repairing or replacing damaged parts of your home with eco-friendly materials. This includes energy-saving electrical and heating systems, covering up to $20,000 per claim.

You can expect great local customer support from Concord. Concord Group received a 0.41 Complaint Index score from the NAIC, meaning it receives 59% fewer complaints than a typical insurance company, relative to its size.

However, Concord Group is a smaller, local insurance company with fewer online options to get support or manage your policy. For example, you can’t file a claim or buy a policy online; instead, you'll have to call a local agent for support.

Maine home insurance rates by city

Robbinston is the cheapest city for home insurance in Maine, with an average rate of $766 per year, which is 14% cheaper than the state average. The city is located in northern Maine and borders the New Brunswick province of Canada, across the Passamaquoddy Bay.

North Waterford is the most expensive city in Maine for home insurance, at an average rate of $1,057. This is 18% more expensive than the average rate of $895 per year in Maine. The city lies inland in southern Maine.

Best home insurance companies in Maine

Vermont Mutual and Concord Group are the best-rated home insurance companies in Maine. Vermont Mutual offers the cheapest rates for home insurance and a wide variety of add-ons to help you customize your policy. You can also expect exceptional customer support from both companies.

State Farm also boasts an excellent editors’ rating for its lower-than-average rates and outstanding customer service rating from the NAIC.

Most common homeowners insurance risks in Maine: snow and freezing temperatures

The biggest homeowners insurance risks for people living in Maine are the state's heavy snowfall and cold winters. Snowfall can top 100 inches per year in some parts of Maine. Like other New England states, Maine also experiences heavy Nor’easters, which can produce hurricane-like winds and accumulate several feet of snow within a short period of time. That can be a problem for your home.

Is damage from snow and ice covered by homeowners insurance?

Fortunately, most homeowners insurance policies cover damage that snowfall may cause. Your policy likely includes protection against the weight of snow. For example, if a snowstorm leaves several feet of snow against your window or on your roof and causes a collapse, your policy should cover it. With ice, some policies cover damage from freezing, such as frozen or burst pipes, or collapse from fallen ice.

However, it's not uncommon for your homeowners insurance not to cover freezing if it causes your plumbing or heating system to fail and you haven't tried to prevent it, such as if you knew about an insulation problem and didn't take steps to resolve it. Your policy may also refuse coverage if the freezing affects a swimming pool or part of your home's structure. It's best to talk to your insurance agent before committing to coverage if you're unsure about what your policy covers.

Is my mobile or manufactured home covered for snow and ice damage?

It can be, depending on the policy. Companies like Farmers and Foremost offer seasonal protection for mobile and manufactured homes, which means you’re granted the same protections for falling snow or ice, even when you don’t live there full-time. Other companies may offer snow or ice damage coverage, but only if it's your primary residence.

Frequently asked questions

Methodology

We gathered home insurance quotes for every ZIP code from Maine’s largest home insurance companies. Our quotes are sourced for a $190,400 property built in 1975, based on the average home age and value in Maine.

ValuePenguin's analysis used insurance rate data from Quadrant Information Services. These rates were publicly sourced from insurer filings and should be used for comparative purposes only — your own quotes may be different.

We ranked each company's customer service scores by comparing the National Association of Insurance Commissioners (NAIC) Complaint Index, J.D. Power's home insurance customer satisfaction rankings and our ValuePenguin editor's ratings.