Latest Real Estate & Housing News & Research


Homeowners in Baytown, Texas, Save a Maximum of $120 Depending on Their Choice of Deductible

No Image

By: Ramu Garuda December. 04, 2018

In a recent analysis, Gavop explores the net savings from home insurance plans with higher ($2,500) and lower ($500) deductibles in Baytown, Texas. The study shows that homeowners in the city can save as much as $120 in total yearly spending by choosing the higher deductible plan. This citywide calculation is based on a hypothetical claim amount of $700. For the lower deductible of $500, homeowners in Baytown pay a median yearly premium of $460 and incur total yearly expenditure of $960. On the other hand, for the higher deductible of $2,500 ...

Continue reading

Kennewick’s most popular home insurance agents work for Allstate, Farmers and State Farm

No Image

By: Ajay kumar Medagani November. 27, 2018

Gavop’s latest study on home insurance agents in and around a 10-mile radius of Kennewick, Washington, shows that the most popular agents represent one of these three insurance providers: The Allstate Corporation, State Farm, and Farmers Insurance Group. Allstate’s Andrew Herber, Mitch Dixon of Farmers, and Micki Mckinnon of State Farm are the most popular agents located closest to the city center (within a 1-mile radius). Some of the other prominent insurance providers in the area are Liberty Mutual Independent and Travelers insurance group.

With a total estimated population of 81 ...

Continue reading

In Avondale, Arizona, Home Insurance Rates Differ by about $520

No Image

By: Ramu Garuda November. 20, 2018

A recent study conducted by Gavop on home insurance prices in Avondale, Arizona, shows that the typical home value in the city is $138,400, the median home insurance cost is $780, and the savings between the 25th and 75th percentiles of insurance premiums are $520. In comparison, a typical home in the state of Arizona costs $175,900, the median home insurance value is $790, and the savings between the 25th and 75th percentiles of insurance premiums are $560.

Avondale is a rapidly growing city in Maricopa County in ...

Continue reading

Home Insurance in Silver Springs, Maryland, Vary by $1,720 Depending on Choice of Deductibles

No Image

By: Ajay kumar Medagani November. 13, 2018

An analysis of net savings from home insurance between the higher ($2,500) and lower ($500) deductible plans in Silver Springs, Maryland,  shows that homeowners who opt for the lower deductible plan save as much as $1,720 in total yearly spending. This study conducted by Gavop considers a citywide hypothetical claim amount of $2,500. For a $500 deductible, Silver Springs’ citizens pay a median yearly premium of $1,620 and for a higher deductible of $2,500, this value is $1,340.

These numbers widely contrast statewide values. For a hypothetical ...

Continue reading

In Arlington Heights, IL, Home Insurance Rates Differ by up to $1,080

No Image

By: Ramu Garuda November. 06, 2018

Gavop’s recent analysis of home insurance premiums in Arlington Heights, Illinois, shows that a typical home in the city costs $343,500, the median home insurance premium is $1,580, and the savings between the 25th and 75th percentile of insurance premiums is $1,080. In comparison, a typical home in the state of Illinois costs $190,800,  the median home insurance value is $1,030, and residents can save $720 between the 25th and 75th percentile of insurance premiums.

Arlington Heights lies 25 miles northwest of downtown Chicago ...

Continue reading

The Cheapest Home Insurance Premiums in Texarkana, Texas, are Offered by ASI Lloyds, Nationwide, and American Security Insurance

No Image

By: Ajay kumar Medagani October. 30, 2018

A recent Gavop analysis of home insurance premiums for frame and masonry homes in Texarkana, Texas, shows that ASI Lloyds, Nationwide General Insurance Company, and American Security Insurance Company are among the top 5 providers of low-end home insurance for both types of constructions. On the other hand, Safeco Insurance Company of Indiana, Liberty Insurance Corporation, and Encompass Indemnity Company are among the top 5 providers of high-end home insurance.

Home insurance premiums are influenced by multiple factors such as the age of homes, claims history, and coverage limits. Using data from the ...

Continue reading

In Bloomington, Illinois, Homeowners Can Save up to $410 Depending on Their Choice of Deductible

No Image

By: Ramu Garuda October. 29, 2018

Choosing an appropriate deductible amount can help homeowners save significantly on their annual insurance expenditure. Gavop recently analyzed the net savings earned from home insurance plans with higher ($2,500) and lower ($500) deductibles in Bloomington, Illinois. The study shows that homeowners in the city can save as much as $410 in total yearly spending by choosing the lower deductible plan. This citywide calculation is based on a hypothetical claim amount of $2,500. For a $500 deductible, homeowners in Bloomington pay a median yearly premium of $710 and incur a total of $1 ...

Continue reading

Home Insurance Rates in Decatur, Illinois, Differ by as much as $260

No Image

By: Ajay kumar Medagani October. 26, 2018

A recent Gavop study on home insurance prices in Decatur, Illinois, shows that the typical home value in the city is $80,100, the median home insurance cost is $340, and the savings between the 25th and 75th percentile of insurance premiums is $260. A comparison with the state-level values indicates that a typical home in the state of Illinois costs $190,800, the median home insurance value is $990, and the savings between the 25th and 75th percentile of insurance premiums is $720.

 Gavop analyzed the insurance premiums of homes typically valued ...

Continue reading

Home Insurance Quotes in St. Joseph, Missouri, Vary by $1,920 Depending on the Deductible Plan

No Image

By: Ramu Garuda October. 25, 2018

Gavop analyzed the net savings from home insurance between higher and lower deductible plans in St. Joseph, Missouri, using a hypothetical claim amount. The higher deductible value is $2,500 and the lower value is $500. The study shows that for an insurance claim of $2,500, homeowners save $1,920 in total yearly expenditure by choosing the lower deductible insurance plan instead of the higher deductible one. In the lower deductible plan, the median yearly premium paid by citizens is $500 and the total yearly expenditure is $1,000. For the higher deductible ...

Continue reading

In Brooklyn Park, Minnesota, the Most Popular Home Insurance Agents are Marsh & Mclennan Agency, Insurance Brokers of Minnesota, and Array Financial Services

No Image

By: Ajay kumar Medagani October. 24, 2018

In a recent study of home insurance agents in Brooklyn Park, Minnesota, and the neighboring areas, Gavop found that the most popular agents work for Travelers, State Farm, The Allstate Corporation, Liberty Mutual Independent, or Farmers Insurance Group. The Gavop study, which analyzed locations within a 27-mile radius around Brooklyn Park, established that some of the reputed agencies located closest to the city center are Marsh & Mclennan Agency LLC, Insurance Brokers of Minnesota, and Array Financial Services. While the first one offers its services to Liberty Mutual, the latter two collaborate with Travelers ...

Continue reading


Latest Homeowners Insurance Reviews & Ratings

Florida Home Insurance Customer Reviews

Company: Allstate

Date: December 10, 2018    Age: 50 to 59    Gender: Male    Marital Status: Married

Policy Offerings
All structures are covered for the replacement value, plus there is an extra rider to cover electronic devices such as computers, laptops, and other devices that are in the house.


Nebraska Home Insurance Customer Reviews

Company: Black Ridge Bank

Date: December 10, 2018    Age: 20 to 29    Gender: Male    Marital Status: Married

Premium
its too high and comparing with other latest insurance policy this could be old and high expensive and the tenure period is high


California Home Insurance Customer Reviews

Company: Progressive

Date: December 10, 2018    Age: 20 to 29    Gender: Female    Marital Status: Married

Premium
We were paying around $1,200 a year for the house and the same amount coverage that we now get for $600. We have also bundled our home and auto and motorcycle so everything is in one place now and that is very nice.


Illinois Home Insurance Customer Reviews

Company: Erie Insurance

Date: December 10, 2018    Age: 40 to 49    Gender: Female    Marital Status: Married

Policy Offerings
My homeowners policy offers coverage for fire, smoke, wind, hail, weight of ice and snow, lightning, theft and more. Property insurance also provides liability coverage in case someone other than the property owner or renter is injured while on the property and decides to sue.


Washington Home Insurance Customer Reviews

Company: Liberty Mutual

Date: December 09, 2018    Age: 30 to 39    Gender: Male    Marital Status: Unmarried

Customer Service
the customer service people are very nice and professional. they are obviously trained very well and they are very patient. they have good customer service skills


Sully, VA Home Insurance Customer Reviews

Company: State Farm

Date: December 10, 2018    Age: 30 to 39    Gender: Male    Marital Status: Married

Policy Offerings
I get a discount because I have my home and car insurance through them. I don't know if all companies do this or not but I like it.


Denton, TX Home Insurance Customer Reviews

Company: State Farm

Date: December 10, 2018    Age: 30 to 39    Gender: Female    Marital Status: Married

Premium
I GIVE THEM A 3 STAR RATING BECAUSE ALTHOUGH THEIR PREMIUMS ARENT SIGNIFICANTLY HIGHER THAN OTHER COMPANIES THEIR DEDUCTIBLES ARE A BIT HIGH FOR MY TASTE. IN RETURN LEAVING CUSTOMERS WITH STILL SOMEWHAT HEFTY OUT OF POCKET COSTS.


Kyle, TX Home Insurance Customer Reviews

Company: State Farm

Date: December 10, 2018    Age: 20 to 29    Gender: Female    Marital Status: Married

Premium
I have a flat thousand dollar deductible, which is the lowest that State Farm offers in my area. I'm okay with my premium, but I wish the deductible were lower.


Medford, OR Home Insurance Customer Reviews

Company: State Farm

Date: December 10, 2018    Age: 50 to 59    Gender: Female    Marital Status: Married

Policy Offerings
i have always used State Farm since being a homeowner. I did shop around for better pricing but didnt find a company with better pricicng.


Dayton, OH Home Insurance Customer Reviews

Company: State Farm

Date: December 10, 2018    Age: 40 to 49    Gender: Female    Marital Status: Married

Policy Offerings
My company seems to offer all the things that comparable companies do. Their prices are not the lowest, but they seem to make up for it with good customer service.