Homeowners Insurance in Augusta
Maine's homeowners-insurance cost picture runs genuinely, substantially below the national average -- LendingTree cited a $400,000-dwelling-coverage premium running approximately 45% below the national average at that same coverage level -- though this record discloses that flood coverage is a real, separate cost given the Kennebec River's documented flood risk.
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Learn moreA Real, Favorable Statewide Cost Picture
LendingTree cited Maine's $400,000-dwelling-coverage average premium at approximately $1,433/year, running approximately 45% below the national average at that same coverage level, and ranked Maine 42nd nationally for homeowners-insurance cost -- a real, disclosed, favorable cost this record did not find reason to soften.
A Real, Disclosed Cross-Source Spread on the Exact Figure
This record discloses a real, disclosed cross-source spread rather than resolving it to one number: The Zebra cited approximately $961/year, Insure.com cited approximately $1,375/year at a $300K-dwelling coverage level, and MoneyGeek cited approximately $1,425/year -- the spread reflects differing coverage levels, deductibles, and methodologies across sources.
Flood Damage Is Typically Excluded -- A Real, Separate Cost to Budget For
As detailed on the flood-hurricane-risk topic page, Augusta carries real, documented, recurring Kennebec River flood risk, including a significant December 2023 event, and standard homeowners policies typically exclude flood damage. Movers should price separate NFIP or private flood coverage directly for any property near the river, and get an actual, current quoted premium directly from a carrier for a specific property.
Key takeaways
- At a matched $400,000-dwelling coverage level, Maine's cited premium ran approximately 45% below the national average, ranking 42nd nationally for cost.
- This record discloses a real, disclosed cross-source spread (~$961-$1,433/year) on the exact figure depending on source, coverage level, and methodology.
- Standard homeowners policies typically exclude flood damage -- price separate flood coverage for river-adjacent properties given the Kennebec River's documented, recurring flood risk.
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