Latest Real Estate & Housing News & Research


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

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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 ...

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

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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 ...

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

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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 ...

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

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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 ...

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

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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 ...

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

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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 ...

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

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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 ...

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In Fishers, Indiana, Home Insurance Rates Differ by up to $650

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By: Ramu Garuda October. 23, 2018

Gavop’s recent study of home insurance prices in Fishers, Indiana, shows that a typical home in the city is valued at $209,500, the median insurance cost is $920, and the savings between the 25th and 75th percentiles of insurance premiums is $650.

Fishers is a city in Hamilton County in the US state of Indiana. Its population has grown rapidly over the last three decades. It currently has a population of 91,832 (according to 2017 data from the US Census Board). A study of home insurance premiums in the city and ...

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Homeowners in Logan, Utah, Can Save up to $1,780 Depending on the Choice of Deductible

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By: Ajay kumar Medagani October. 22, 2018

Gavop analyzed net savings on home insurance between the higher ($2,500) and lower ($500) deductible plans in Logan, Utah, and found that homeowners choosing the lower deductible plan save as much as $1,780 in total yearly spending. This citywide assessment is based on a hypothetical claim amount of $2,500. For a $500 deductible, Logan’s citizens pay a median yearly premium of $1,090, and with a higher deductible of $2,500, this value is $870.

 These numbers vary widely from the home premiums and savings in the state of ...

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Home Insurance Rates in Washington, Missouri, Differ by up to $320

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By: Ramu Garuda October. 19, 2018

According to Gavop’s recent survey of home insurance prices in Washington, Missouri,, a typical home in the city is valued at $103,000, the median insurance rate is $440, and the savings between the 25th and 75th percentile of insurance premiums is $320.

Washington is a township located in Buchanan County, in the U.S. state of Missouri. In the county, for a typical home value of $108,300 and a median insurance value of $430 (just $10 less than Washington), the potential savings (between the 25th and 75th percentile) is marginally less ...

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Latest Homeowners Insurance Reviews & Ratings

Ohio Home Insurance Customer Reviews

Company: Progressive

Date: November 13, 2018    Age: 30 to 39    Gender: Male    Marital Status: Married

Policy Offerings
If there is damage done to my house through fire or natural disaster, it also pays for medical assistance if someone is hurt on my property


Utah Home Insurance Customer Reviews

Company: Liberty Mutual

Date: November 13, 2018    Age: 20 to 29    Gender: Male    Marital Status: Married

Website/App
It is hard to understand and figure out what my insurance covers. When I speak to someone, it feels like it is insurance jargon. I had to really sit down and read page by page of my insurance on the website/app to fully understand what is covered. This does not even cover how to go about with claims without calling them. I feel it is better to call them than use the website to file a claim.


Massachusetts Home Insurance Customer Reviews

Company: Allstate

Date: November 13, 2018    Age: 30 to 39    Gender: Male    Marital Status: Unmarried

Customer Service
I don't have to contact my agent very often but he's always there to answer questions as far as I know.


Idaho Home Insurance Customer Reviews

Company: AIG

Date: November 13, 2018    Age: 30 to 39    Gender: Male    Marital Status: Unmarried

Customer Service
I have only had one interaction with the customer service when refinancing my lender needed various forms of information for the insurance company. The rep who answered my call was able to swiftly provide everything I needed in a very timely manner.


Missouri Home Insurance Customer Reviews

Company: Liberty Mutual

Date: November 13, 2018    Age: 20 to 29    Gender: Male    Marital Status: Married

Customer Service
I would say the customer service I received is average. Nothing great. I got more help understanding my insurance from my realtor and mortgage broker than my actual insurance. I repeat I feel the customer service was average.


Hobart, IN Home Insurance Customer Reviews

Company: State Farm

Date: November 12, 2018    Age: 30 to 39    Gender: Female    Marital Status: Married

Premium
I find the rates to be comparable to other companies, with the advantage of State Farm being a national chain, which allow me the ease of transferring policies from state to state.


Shorewood, IL Home Insurance Customer Reviews

Company: St. Johns Insurance Company

Date: November 12, 2018    Age: 40 to 49    Gender: Female    Marital Status: Married

Communication
The biggest problem this company has is with their communication. They do not communicate well with anyone: neither themselves nor with others.


Riverside, IL Home Insurance Customer Reviews

Company: Allstate

Date: November 12, 2018    Age: >60 years    Gender: Female    Marital Status: Married

Communication
Again, I am unsure how the customer service is, my husband takes care of all the insurance needs in our household. I am assuming the website runs well as he never complains about it.


Lyons, IL Home Insurance Customer Reviews

Company: State Farm

Date: November 12, 2018    Age: 30 to 39    Gender: Male    Marital Status: Married

Website/App
I hardly use the website or the mobile app for this coverage, however when I had auto insurance I would check it more often....I found it very user friendly.


West Covina, CA Home Insurance Customer Reviews

Company: Allied Insurance

Date: November 12, 2018    Age: 30 to 39    Gender: Female    Marital Status: Married

Premium
The premium without the coverage for electronics such as laptops and phones was about 20% less than other insurance companies.