Home Renters insurance Renters insurance cost Average renters insurance cost in Maine Average renters insurance cost in Maine Discover the average cost of renters insurance in Maine and how factors like location and coverage levels can impact your rate. View Carriers Please enter valid zip Compare top carriers in your area Written by Shivani Gite Shivani Gite Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions. | Reviewed by Nupur Gambhir Nupur Gambhir Nupur is a licensed life, health, and disability insurance agent and an auto and home insurance expert. She has written extensively on insurance topics for QuinStreet’s CarInsurance.com, Insurance.com and Insure.com as well as for Bloomberg News, Forbes Advisor, CNET, Fortune, Slate, Real Simple, Lifehacker and The Financial Gym. | Updated on: January 16, 2025 Why you can trust Insure.com Quality Verified At Insure.com, we are committed to providing the timely, accurate and expert information consumers need to make smart insurance decisions. All our content is written and reviewed by industry professionals and insurance experts. Our team carefully vets our rate data to ensure we only provide reliable and up-to-date insurance pricing. We follow the highest editorial standards. Our content is based solely on objective research and data gathering. We maintain strict editorial independence to ensure unbiased coverage of the insurance industry. Renters insurance costs in Maine vary depending on your coverage level, insurance provider, and personal circumstances. On average, renters in Maine pay $198 per year or $16 per month for a policy that includes $40,000 in personal property coverage, $300,000 in liability protection and a $1,000 deductible. Key Takeaways The average cost of renters insurance in Maine is $198 per year or $16 per month.State Farm provides the least expensive renters insurance in Maine at an average rate of $93 annually.Renters insurance rates can vary significantly among insurance companies. Compare quotes to find the best deal on renters insurance in Maine. Average renters insurance cost in Maine per monthIn Maine, the average monthly cost of renters insurance is $16. However, premiums can differ depending on factors such as your rental’s location, the value of your personal belongings and the level of coverage you select. Experts recommend comparing quotes from different insurance companies to find the best deal.Average renters ins cost per monthDifference compared to national average$16$6 lessAverage renters insurance cost in Maine by companyAccording to our data, State Farm provides the most affordable renters insurance in Maine, with an average annual rate of $93, followed by Vermont Mutual and MMG Insurance.Getting quotes from multiple renters insurance companies in Maine is a good idea, as prices can differ significantly among insurers.Below, you can find average annual and monthly renters insurance rates from various companies in Maine.CompanyAverage annual rateAverage monthly rateState Farm$93$8Vermont Mutual$100$8MMG Insurance$131$11Auto-Owners$152$13Quincy Mutual$198$17Allstate$207$17Farmers$272$23The Hanover$513$43USAA$169$14 Renters insurance calculator in Maine Select your state Maine Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Washington, D.C. Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wisconsin Wyoming Personal property coverage Covers your personal belongings, such as your furniture, electronics, clothing, artwork, etc. Choose the amount you believe would cover all of your belongings. $40,000 $20,000 $40,000 $60,000 Liability Covers the medical expenses of people who are hurt while in your home or on your property, as well as damage you caused to others’ property. Also covers legal fees if you are sued by someone hurt in your home or on your property. Limits of $300,000 or $500,000 are recommended. $300,000 $100,000 $300,000 Deductible Choose the amount you want to pay out-of-pocket before insurance kicks in. This applies to your dwelling and personal belongings claims. $1,000 $500 $1,000 Calculate $182/year Estimated renters insurance rates in Maine $15 Monthly renters insurance cost in Maine -26% Compared to national average Get quotes Average cost of renters insurance in Maine by coverage levelOn average, Maine renters pay $198 each year for insurance for a coverage limit of $40,000 in personal property, $300,000 in liability protection and a $1,000 deductible.Reducing your personal property coverage from $40,000 to $20,000 can lower your renters insurance cost in Maine to $143 per year. This policy still includes $300,000 in liability protection and a $1,000 deductible. However, you should ensure that $20,000 is adequate coverage for your personal belongings before making this change.Below are the average annual renters insurance costs in Maine for personal property coverage of $20,000 and $40,000.Coverage levelAverage annual renters insurance rateAverage monthly renters insurance rate$20,000 with $500 Deductible and $100,000 Liability$138$11$20,000 with $500 Deductible and $300,000 Liability$153$13$20,000 with $1,000 Deductible and $100,000 Liability$128$11$20,000 with $1,000 Deductible and $300,000 Liability$143$12$40,000 with $500 Deductible and $100,000 Liability$197$16$40,000 with $500 Deductible and $300,000 Liability$214$18$40,000 with $1,000 Deductible and $100,000 Liability$182$15$40,000 with $1,000 Deductible and $300,000 Liability$198$16$60,000 with $500 Deductible and $100,000 Liability$257$21$60,000 with $500 Deductible and $300,000 Liability$275$23$60,000 with $1,000 Deductible and $100,000 Liability$236$20$60,000 with $1,000 Deductible and $300,000 Liability$253$21Average cost of renters insurance in Maine by cityRenters insurance premiums can vary widely between cities. To help you choose the right policy, we’ve compiled average costs by location. Explore renters insurance rates across various cities in Maine and find the best fit for your budget.Renters insurance rates vary from one city to another. But with Insure.com, finding the right renters insurance policy is easy. Learn more about renters insurance costs for different cities below. Renters insurance rates in Maine by cityAuburnBangorLewistonPortlandSouth PortlandAverage cost of renters insurance in Maine by ZIP codeIn Maine, the cost of renters insurance can vary significantly across ZIP codes. Here, we’ll show you the ZIP codes where renters insurance is most affordable and where it costs the most.Most affordable ZIP codes for renters insurance in MaineHow much Maine renters pay for insurance depends on the ZIP code they live in. 4530 is the most affordable ZIP code for renters insurance in Maine among all the ZIP codes analyzed, at $171 a year on average.Rates vary by ZIP code, so comparing quotes is one of the easiest ways to get the best deal on renters insurance in Maine.ZIP codeCityAverage annual rateAverage monthly rate4530Bath$171$144847Hope$172$144851Matinicus$172$144843Camden$172$144854Owls Head$172$144855Port Clyde$172$144853North Haven$173$144422Charleston$175$154841Rockland$176$154856Rockport$176$15 Least affordable ZIP codes for renters insurance in MaineYour ZIP code, among other factors, affects how much you pay for renters insurance in Maine. 4478 is the least affordable ZIP code for Maine renters at an average cost of $235 a year or $20 monthly.We have analyzed quotes from the major insurance carriers across all the ZIP codes in Maine. Below are the average annual renters insurance costs by ZIP code.ZIP codeCityAverage annual rateAverage monthly rate4478Rockwood$235$204985West Forks$235$204929Detroit$235$204925Caratunk$235$204924Canaan$235$204923Cambridge$235$204442Greenville Junction$229$194415Brownville Junction$228$194414Brownville$228$194406Abbot$228$19 Final thoughts: Average renters insurance in MaineRenters insurance is a must-have for renters in Maine. It protects your belongings in the event of damage from fire, theft, vandalism or any other natural disasters.To find the best renters insurance at an affordable rate, shop around and compare quotes from multiple insurance companies. In addition to price, consider factors like coverage options, deductibles and customer reviews.How much is renters insurance in other statesAlaska$257/YearAlabama$324/YearArkansas$363/YearArizona$260/YearCalifornia$271/YearColorado$191/YearConnecticut$292/YearDelaware$181/YearFlorida$248/YearGeorgia$352/YearHawaii$247/YearIowa$203/YearIdaho$184/YearIllinois$246/YearIndiana$269/YearKansas$251/YearKentucky$207/YearLouisiana$504/YearMassachusetts$262/YearMaryland$256/YearMichigan$340/YearMinnesota$211/YearMissouri$231/YearMississippi$387/YearMontana$275/YearNorth Carolina$366/YearNorth Dakota$192/YearNebraska$295/YearNew Hampshire$173/YearNew Jersey$207/YearNew Mexico$201/YearNevada$246/YearNew York$293/YearOhio$252/YearOklahoma$281/YearOregon$288/YearPennsylvania$274/YearRhode Island$476/YearSouth Carolina$294/YearSouth Dakota$202/YearTennessee$290/YearTexas$226/YearUtah$204/YearVirginia$235/YearVermont$182/YearWashington$222/YearWisconsin$167/YearWest Virginia$248/YearWyoming$136/YearShow more Explore other insurance options in Maine Average homeowners insurance cost in Maine Average car insurance cost in Maine Non-owner auto insurance in Maine Shivani GiteContributing Writer | . .Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. 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Most Americans don’t 1/1 Related Articles Homeowners insurance calculator: Estimate the cost of homeowners insurance By Jessica Olson How to bundle home and auto insurance policies to save money By Lena Borrelli Homeowners insurance basics By Shivani Gite How to calculate your home’s replacement cost By Nupur Gambhir Home insurance claims: How to file and what you should know By Chris Kissell How much does dog liability insurance cost and do you need it? By Lena Borrelli On this page Average renters insurance cost in Maine per monthAverage renters insurance cost in Maine by companyAverage cost of renters insurance in Maine by coverage levelAverage cost of renters insurance in Maine by cityAverage cost of renters insurance in Maine by ZIP codeFinal thoughts: Average renters insurance in Maine ZIP Code Please enter valid ZIP See rates