If you sell real estate in Maine, you may be able to lower what you pay for your own home and auto insurance. Hanover, one of the carriers we work with, offers Maine real estate professionals a 10% group discount on home and auto policies. We cast a wide net: agents, associate brokers and brokers should all ask, and so should brokerage office staff. We confirm eligibility when we quote, then compare the Hanover option with our other carriers.
What the Maine realtor discount covers
- Carrier: Hanover
- Discount: 10% group discount for real estate professionals
- Policies: home and auto
- Where: Maine policies
- Eligibility: we confirm eligibility when we quote
Who may qualify
You don’t need to be a top producer or work at a big brokerage to ask. If you work in Maine real estate, we want to hear from you, including:
- Real estate agents and salespeople
- Associate brokers, brokers and designated brokers
- Team leads and new licensees just getting started
- Brokerage office staff, such as transaction coordinators and office managers (ask us; we confirm eligibility)
Discounts may vary by carrier and eligibility, so we check before you count on it. Many Maine agents are members of the Maine Association of REALTORS or a local board. Mention any associations you belong to when we talk.
It’s important to let us know what associations or alumni groups you belong to when you call.
Jon Merwin, Founder and CEO, Portsmouth Atlantic Insurance
Insurance questions Maine agents often ask
Driving clients to showings
Showings, listing appointments and open houses can put a lot of miles on your car, and sometimes clients ride along. Tell us how you use your car for work so your auto policy reflects it, and review your liability limits. An umbrella policy can add another layer.
Working from home
Many agents run part of their business from a home office. A standard homeowners policy may limit coverage for business property and business activity at home, so tell us what you keep and do there and we’ll look at whether you need more.
Your errors and omissions coverage is separate
The realtor discount applies to your personal home and auto policies. Errors and omissions (E&O) coverage for your real estate work is a separate professional liability policy, usually arranged through your brokerage or on your own.
Helping your buyers close on time
We work with a lot of realtors and lenders across New England so insurance doesn’t stall a closing. If your buyers need a homeowners quote in southern Maine, see our York and Kittery pages, our Maine condex insurance guide, or our referral partners page.
How we compare options
We have been an independent agency since 2005 and work with 40+ carriers, so a realtor discount is one option we price, not the only one. We charge no agency or broker fees. We are licensed in 10 states and are New Hampshire’s highest-rated agency on Google, with 1,000+ Google reviews. Clients have also shared over 2,000 testimonials (read them here).
Our Portsmouth, New Hampshire office is just over the bridge from Kittery, and we serve homeowners and drivers across Maine. See our Maine homeowners and second-home insurance guide for more on coverage in the state. If you also hold a college or university degree, Hanover’s realtor and alumni group discounts may be combined; we confirm eligibility when we quote. Our alumni insurance discounts guide explains the alumni discount.
Other Maine group discounts: see our pages for teachers and educators, nurses and medical professionals, police, firefighters and EMS, and military members. They may be combined with other group discounts; we confirm eligibility when we quote.
Get your quote
Fill out the form below and we will follow up with your options. Prefer to talk? Call (603) 431-4020 or use our quote page.
Frequently asked questions
How much is the realtor discount in Maine?
Hanover offers a 10% group discount on Maine home and auto policies for real estate professionals. Discounts may vary by carrier and eligibility; we confirm eligibility when we quote.
Who counts as a realtor for this discount?
Real estate agents, salespeople, associate brokers, brokers and designated brokers in Maine should all ask. If you work in a brokerage office in another role, such as transaction coordinator or office manager, ask too; we confirm eligibility when we quote.
Do I have to be a member of the Maine Association of REALTORS?
Ask us even if you are not sure. Hanover sets the eligibility rules, and we confirm eligibility when we quote. Portsmouth Atlantic Insurance is not affiliated with or endorsed by the Maine Association of REALTORS.
Can I combine the realtor discount with other group discounts?
They may be combined. If you also hold a college or university degree or belong to another group Hanover recognizes in Maine, more than one group discount may apply to your home and auto policies; we confirm eligibility when we quote.
Does this discount cover my errors and omissions insurance?
No. The realtor discount applies to your personal Maine home and auto policies. Errors and omissions (E&O) coverage for your real estate work is a separate professional liability policy, usually arranged through your brokerage or on your own.
Portsmouth Atlantic Insurance is an independent insurance agency. We are not affiliated with, endorsed by, or an official insurance partner of the Maine Association of REALTORS, the National Association of REALTORS, any local board of REALTORS, the Maine Real Estate Commission, or any brokerage, and this is not an association insurance program. REALTOR® is a registered collective membership mark of the National Association of REALTORS. Names are used only to describe who may be eligible for a carrier discount. The realtor discount is offered by Hanover, an insurance carrier. Discounts may vary by carrier and eligibility, are subject to underwriting and carrier rules, and can change.