Homeowner Insurance Costs in Hancock County, ME

How much does homeowner insurance cost in Hancock County? Here's what to expect.

Est. Annual Premium

$1,380

Monthly Cost

$115

Median Home Value

$250,900

% of Income

2.2%

Typical Coverage Breakdown

Coverage Amounts

Dwelling (Coverage A)$250,900
Personal Property (C)$125,450
Liability (E)$300,000
Deductible$2,509

Cost Context

Homeownership Rate78.7%
Median Income$64,149
Property Tax Rate0.9%
Population55,851

About Insurance in Hancock County

Homeowner insurance in Hancock County, Maine costs an estimated $1,380 per year for a median-value home of $250,900. This represents approximately 2.2% of the median household income of $64,149.

Actual premiums depend on your home's age, construction type, claims history, credit score, proximity to fire stations, and specific peril exposures. Use our calculator for a personalized total cost of risk analysis with peril-by-peril breakdown.

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Other Counties in Maine

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: Insurance Information Institute, state insurance departments. Estimates are county-level approximations. This is not insurance advice.