Find Affordable Homeowners Insurance


Athens, ME Homeowners Insurance

Are you searching for Athens, ME home insurance coverage that you won’t have problems paying for but still give you adequate protection? We can help you find what you need by providing you with a list of the best insurance providers for your area. Just type in your Zip Code at the top of this page and you will get you a list of the best agencies and carriers for your Somerset county.

Aside from comparing multiple quotes and packages from different insurance providers, there are many other ways on how you trim your overall homeowners insurance costs. One of these is to know exactly what your policy will cover.

Understanding the ins and outs of your policy

Majority of standard homeowners insurance policies provide coverage for four components. These include the following:

  1. The home’s structure
  2. Personal belongings in the home
  3. Liability protection
  4. Additional living expenses (ALE) in case an included peril renders the insured home uninhabitable

Note that almost all insurance companies also base their policies on the same list of named perils as follows:

  1. Fire and lightning
  2. Windstorms and hail
  3. Explosion
  4. Riots and civil commotion
  5. Aircraft
  6. Vehicles
  7. Smoke
  8. Vandalism and malicious mischief
  9. Theft
  10. Glass that is part of the home
  11. Volcanic eruptions.
  12. Falling objects
  13. Weight of ice, snow or sleet
  14. Accidental discharge or overflow of water or stream from within plumbing or related systems; does not include discharge or overflow of water from a sump.
  15. Sudden and accidental rupture of a heating, air conditioning, fire protective sprinkler, or hot water heating system
  16. Freezing of plumbing or related systems
  17. Sudden and accidental damage from artificially generated electrical current

It’s vital you keep this in mind, as not all homeowners insurance in Athens, Maine provide coverage for all of them.


A standard home insurance policy will pay to cover the costs of repairing or rebuilding your home’s structural components in the event that any insured disaster damages or destroys it. Whether you’ll get coverage or not again depends on the type of home insurance you have. However, if you purchased the HO-2 policy, it will provide coverage for all the 17 above-mentioned perils.

Keep in mind that most policies don’t pay for flood- or earthquake-caused damages, as well as those that occur due to regular wearing and tearing. You’d have to purchase separate coverages for these.

The general rule of thumb to follow is to purchase coverage with an amount equal to the average cost of rebuilding your home.

Personal belongings

A standard Athens, ME home insurance policy will cover majority of your personal belongings if named perils, including hurricane and fire, destroys them, or if a criminal steals them. Typically, the coverage applies to personal items such as clothes, as well as furniture and sports equipment.

In most cases, the coverage amount for personal belongings is about 50 to 70 per cent of the insurance on the home’s structure. However, to make sure that you’ll receive sufficient coverage for your valuables, you should perform a thorough home inventory. This way, you won’t miss items of significant value and forget to consider their cost when calculating how much coverage to purchase.

Liability protection

This protects you in case someone files a lawsuit against you for bodily injury or property damage. It also provides coverage for damages caused by your pets.

Your Athens, ME homeowners insurance �" specifically its liability portion �" will cover not just the cost of defending you, but also court awards and penalties that may arise. There is a limit though, so make sure you review your policy to find out how much this is.

Additional living expenses (ALE)

Natural disasters and crimes can leave your home temporarily uninhabitable. Because of health and safety dangers, you would have to live someplace else. Without home insurance, this means potentially and unnecessary high out-of-pocket expenses.

With a Athens, ME home insurance policy, on the other hand, you have less to worry about when you need to live away from your home for a short period of time. As long as the cause of the damages were one of the included perils in your coverage, this portion of your policy will cover the additional costs of temporarily moving out of your place.

Underbuying or overbuying homeowners insurance can cost you a lot, so it pays to know exactly what you’ll receive coverage for, so you take the necessary actions (like buying flood or earthquake insurance).

Other Cities in Maine:

  • Harmony, ME Homeowners Insurance
  • Greenville Junction, ME Homeowners Insurance
  • West Enfield, ME Homeowners Insurance
  • Berwick, ME Homeowners Insurance
  • Searsmont, ME Homeowners Insurance
  • East Orland, ME Homeowners Insurance
  • Woolwich, ME Homeowners Insurance
  • Grand Lake Stream, ME Homeowners Insurance
  • Mount Desert, ME Homeowners Insurance
  • Phillips, ME Homeowners Insurance
  • Read more about Athens, Maine home insurance

    There are some straightforward suggestions that a single must comply with when looking for a new home owner's insurance policy policy. As soon as you are a little bit more educated on the lingo that property insurance coverage brokers use, you will be in a far better place to buy the type of policy choices that you want.

    Purchasing homeowner's insurance policies is not optional - it truly is a necessity. If you do not have it, then all-natural disasters or thefts can destroy you. If there is a mortgage loan on the home you reside in, the loan you took out may possibly need you to have homeowner's insurance policy.

    When contemplating insurance policies for your property, it might be helpful to have an alarm method installed. Not only will this be useful for your possess security, but your insurance costs will replicate the added safety as nicely. Right after supplying evidence that your system is monitored by an company, you might qualify for up to five% off your rates.

    If you want to be certain you are paid out appropriately for a homeowner's insurance policies assert, you must report any decline to the insurance organization instantly. Promises on your house are matter to specified time constraints, so waiting around also lengthy may give the insurance provider a explanation to say that the declare is no longer legitimate.

    To steer clear of an improve in your homeowner's insurance policies fee, you must avoid submitting little promises. Some insurers consider even small claims into account when figuring if they want to preserve you as a policyholder, and you might find your self uninsured for the big factors because you wished to be be reimbursed for a relatively little volume.

    Remain absent from swimming pools and trampolines. While your children may enjoy to bounce on the trampoline or swim in the pool, these little extras are insurance coverage nightmares. Insurance coverage firms will up to double the prices of a home-owner who installs either of these things. Keep away from extras with the likely to damage!

    Putting in a protection technique in your home is a wonderful way to decrease your property house owners insurance coverage rates. A personal savings of 5% or much more is normal with the installation of a method that contains monitoring by regional law enforcement or a central safety heart. Make confident to submit proof of the checking contract to your insurance policies organization to ensure you get your price reduction.

    When introducing a attribute these kinds of as a swimming pool or trampoline to your house, element in insurance policies charges and suggestions in the project. Defined as desirable nuisances, these attributes have increased pitfalls associated with them can enhance high quality, but following suggestions like introducing a protected fence and gate can offset the cost relatively.

    Discover out what variety of residence substitute protection is provided on your property house owners insurance coverage. Some will assure alternative while other individuals will restrict the quantity of income you will get if your home is destroyed. Some insurance policy firms have a cap on the payments to a percentage of the face worth of your coverage.

    Indeed, it might be difficult to believe, but you can use these suggestions to get the greatest of equally worlds. You can uncover an insurance policy deal out there that's equally reasonably priced and that gives quality protection for your residence. As long as you happen to be employing the suggestions provided listed here, you can uncover a great offer.

    Comments are closed.