Maine renters insurance

Maine renters insurance coverages

Check out the four standard coverages on nearly all Maine renters insurance policies:

• Personal property protects your personal belongings, including furniture, clothing, and electronics whether they're inside your apartment or elsewhere
• Loss of use helps cover costs associated with an increase in living expenses, up to your policy's limit, if you're unable to stay in your home while it's being repaired or rebuilt due to a covered loss
• Personal liability protects you financially if you're legally responsible for another person's injuries or damage to their property
• Medical payments to others pays for medical expenses due to a covered occurrence

Additional coverages

The best renters insurance in Maine is always a policy with customized coverage. Here are some extra options for when you need more protection:

• Add a rider: Certain valuable items, like jewelry, may have specific limits on your renters policy. If your item exceeds the limit, you may be able to purchase an endorsement called a rider for your policy to cover the item for its value.
• Personal injury coverage: May pay for legal fees and damages if you’re liable for slander or defamation.
• Water back-up coverage: Water that backs up through sewers or drains or discharges from a sump pump may not be covered by a standard renters policy. Water back-up coverage may pay for the damage to your belongings and water removal costs.

Learn more about all of our renters insurance coverages.

Is renters insurance required in Maine?

Renters insurance isn't required by law in Maine, but your landlord or rental company may require you to have a policy before moving in. Even if it's not required, renters insurance offers affordable protection for tenants renting apartments, homes, and condos throughout Maine.

Is renters insurance worth it in Maine?

Renters insurance is an affordable option for tenants in Maine and may protect you in a variety of circumstances:

• A fire in your apartment building causes smoke damage to your furniture and other belongings. Personal property coverage may pay to repair or replace your damaged items, up to your coverage limit.
• A roof leak damages your rental unit, and you must move out while repairs are being made. Loss of use coverage may pay temporary lodging and food costs, above what you normally spend, while you’re out of your home, up to your coverage limit.
• A friend is injured during a visit to your place. Medical payments coverage may pay the medical bills to treat their injury, up to your coverage limit.

How much is renters insurance in Maine?

Progressive renters policies in Maine had an average monthly price of $14.62 or $175.46 for an annual policy, in 2023.^**  Remember that your cost for renters insurance is determined by many components, including your location, type of residence, and claims history.

Coverage limits may also affect your renters insurance premium. Generally, the more personal property coverage you need, the more you pay for a renters policy. Use our personal property calculator to help you take a home inventory and estimate the value of your belongings.

How can I save on renters insurance in Maine?

Take advantage of renters insurance discounts to help lower the cost of your renters policy. You can save with Progressive by bundling multiple policies, quoting in advance, paying in full, and living in a secured or gated community.

There may also be discounts that are only available in your state or county. Call 1-866-749-7436, or talk to an agent in your area to help ensure you're getting all applicable discounts.

Get a Maine renters insurance quote