Maine leads country in home insurance rate stability

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Maine leads country in home insurance rate stability

Maine’s home insurance rates have escaped a year of consecutive multi-million dollar natural disasters virtually unscathed, according to a recent report from online insurance comparison company Insurify. While the rest of the country experienced an average premium increase of 9 percent, Maine saw home insurance rates decrease between 2023 and 2024, earning it the highest score on an Insurify index that measures climate change stability — a perfe…