Maine Homeowners Insurance

Maine is known for its picturesque views – from its rocky coastline to its unique lighthouses lining the shore. If you live in Maine, you appreciate the warm months knowing how rough winter can be because as pretty as the Pine Tree State is, the weather can be brutal. Winters are known for extreme seasonal conditions. In fact, a National Climate Assessment says the Northeast sees more frequent or intense storms and more precipitation in the winter.² These weather events and other risks, like fires or theft, can result in damages to your home. That’s why it’s important to protect your house and personal property with homeowners insurance in Maine. It doesn’t matter if you live in Portland, Bangor, Augusta, Bar Harbor, Lewiston or anywhere else in the state, Maine home insurance can help protect your house from damages.**

 

Maine residents don’t typically see many natural disasters. However, East Coast storms can pose serious risks to your home. For example, hail, snow and freezing temperatures can damage your home’s structure or plumbing system. Without Maine homeowners insurance, you’d have to pay for these costly repairs out of pocket.

 

Home insurance companies look at different factors when determining your homeowners insurance premium, such as your:

 

Certain policy details, like whether you have replacement cost coverage, can also affect your policy rate. Because every Maine homeowner has different needs, it’s unlikely that you and your neighbor will have the same homeowner insurance premiums.

 

Maine home insurance policies come with standard coverages:

 

Personal property to help protect your belongings if they get damaged.** For example, if someone breaks into your home and steals your TV, this coverage can help cover the cost to replace it.

 

Dwelling, which helps protect your home and the structures attached to it. This includes garages, walls and electrical systems. For example, if a fire damages the first floor of your home, this coverage can help cover your repair costs.

 

Personal liability helps protect you from claims alleging that you’re responsible for someone’s bodily injury or property damage. For example, if your neighbor slips on a patch of ice on your sidewalk, injures their back and they then file a claim against you, this coverage can help.

 

Loss of use helps cover your living expenses if you can’t stay in your home because of damages.** So, if a tree falls on your roof and causes significant damage to its structure, this coverage can help cover your hotel fees while your home is repaired.

 

Medical payments helps pay treatment costs if someone gets injured on your property. So, if your neighbor trips over an extension cord in your home and sprains their ankle, this coverage can help pay their medical bills.

 

Be sure you’re aware of your home insurance policy’s coverage limits. If you’re trying to figure out how much coverage to get, a good rule of thumb is to have enough that you can cover the costs to rebuild your home if it’s a total loss. Don’t forget the higher your coverage limits, the more it can impact your policy cost.

 

Maine’s wet and cold seasons can cause flooding. However, your Maine homeowners insurance policy doesn’t cover against flood damage so you may want to get a separate flood insurance policy to help cover these types of claims.

 

Review our Home Advantage and Home Advantage Plus packages to help take the guesswork out of choosing optional coverages. These packages bundle valuable coverages to help increase your home’s protection.

 

Home Advantage is a good choice if you’re looking for more protection for certain coverages. This package includes:

 

Identify fraud expense coverage, which helps you recover from a fraud incident by covering up to $25,000 of your out-of-pocket expenses.

 

Enhanced personal injury liability coverage to help cover damages from libel or slander claims.

 

“New for Old” Protection^‡ helps replace your destroyed possessions with new ones of the same quality.

 

Reimbursement for replacing locks if you lose your keys or they’re stolen.

 

Home Advantage Plus is our most popular package because it includes all Home Advantage features and also adds:

 

Equipment breakdown coverage to help cover mechanical or electrical breakdowns of your appliances in your home. This does not cover normal wear and tear.³

 

Increased identity fraud expense coverage to cover up to $50,000 of out-of-pocket expenses to help you recover from fraud.

 

Disappearing Property Deductible,^‡‡ which reduces your deductible by $50 if you go three years without an insurance loss. This will drop by $50 for each year you go without filing a claim, until it reaches zero.

 

Your home insurance rate may be lower or higher than the state or national average because the total amount depends on which coverages you add to your policy. Take a look at the chart below to see how average home insurance rates in Maine have changed through the years.

A home insurance policy is an important piece in helping protect your investment. You can get a Maine homeowners insurance policy from private insurance companies, like The Hartford. You may want to have an idea of what coverages you’ll want and how much you need.

 

Just remember that not every homeowners insurance company is the same. That’s why it’s important to get different homeowners insurance quotes and compare each one. Doing so can help you save money. At The Hartford, we’re the only insurance company endorsed by AARP.^®1 We offer discounts to get you the best rates possible and our specialists can help you find out what you qualify for. Whether you bundle your home or renters insurance with your auto insurance, or install protective devices in your home, there are many ways to help reduce your insurance rate.

 

Call us today at 800-624-5578 to get started. Our team strives to provide the best customer service and they’re here to help when the unexpected happens. Use our homeowners insurance quote tool or find your nearest local agents to get the coverage you need.