Latest Real Estate & Housing News & Research


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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In Carmel, Indiana, Home Insurance Premiums Show Minimal Savings Between Different Deductible Plans

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By: Ajay kumar Medagani October. 18, 2018

In a recent study, Gavop analyzed the net savings from home insurance plans with higher and lower deductibles in Carmel, Indiana,against a hypothetical claim amount. The higher deductible value was assumed to be $2,500 and the lower value was $500. The analysis showed that for an insurance claim of $700, homeowners save only $20 in total yearly spending by investing in the lower deductible insurance plan compared to one with a high deductible. In the lower deductible plan, the median yearly premium paid is $1,310, and the total yearly expenditure ...

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The Most Popular Home Insurance Agents of Brighton, Colorado, Work for Geico, State Farm, and Allstate among Other Insurance Providers

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By: Ramu Garuda October. 17, 2018

The most popular home insurance agents in and around  50 miles of Brighton, Colorado, work for any one of seven insurance providers: the Allstate Corporation, State Farm, Travelers, Liberty Mutual Independent, Nationwide, Farmers Insurance Group or The Government Employees Insurance Company (GEICO). This finding comes from a Gavop study on 24 reputed agents in various locations near the city.

Brighton is located in Adams and Weld counties, in the state of Colorado. To better understand the existing insurance market, Gavop analyzed the geographic distribution of popular home insurance agents vis-à-vis the city center.

Within ...

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Homeowners in Plainfield, Illinois, Save up to $810 Depending on Their Choice of Deductible

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By: Ajay kumar Medagani  Oct.16, 2018

Expenditures on home insurance can swing significantly depending on the deductible amount. A recent Gavop analysis of net savings earned in annual expenditure on home insurance premiums showed that homeowners in Plainfield, Illinois can save as much as $810 depending on the deductible they choose. This citywide calculation is based on a hypothetical claim amount of $1,500. The insurance plans studied included a lower deductible value of $500 and a higher deductible one of $2,500. For a $500 deductible, homeowners in Plainfield pay a median yearly premium of $970 and have ...

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Bloomington, Indiana, Home Insurance Rates Differ by About $480

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By: Ramu Garuda October. 15, 2018

In a recent study on home insurance premiums conducted for Bloomington, Indiana Gavop found that the median home insurance cost in the city is $740, the average home value is $173,200, and the difference between the 25th and 75th percentiles of premiums is $480. In comparison, the median home insurance value in the state of Indiana is $560, the average home value is $123,400, and the difference between the 25th and 75th percentiles of home insurance premiums is $370.

Bloomington, with an estimated population of 85,000, is ...

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In Frederick, Maryland, High-End Home Insurance Premiums Are Offered by Privilege Underwriters, Standard Guaranty, and American Security

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By: Ajay kumar Medagani  Oct.12, 2018

A Gavop analysis of home-insurance premiums for frame and masonry homes in Frederick, Maryland, showed that Privilege Underwriters Reciprocal Exchange, Standard Guaranty Insurance, and American Security Insurance are among the top 5 providers of high-end home insurance for both types of constructions. Among the top 5 providers of low-end home insurance are Farmers Insurance Exchange, Cumberland Mutual Fire Insurance, and Brethren Mutual Insurance.

This study was conducted using information from the Maryland Insurance Administration. Premiums offered by home insurance providers are influenced by multiple factors such as the age of the homes, deductibles ...

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Racine’s Most Popular Home Insurance Agents include CRB Insurance, David Insurance, and Bobinsurance.com

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By: Ramu Garuda October. 11, 2018

The most popular home insurance agents of Racine, Wisconsin, work for any one of four insurance providers: State Farm, Liberty Mutual Independent Company, Travelers Insurance Group, or the Erie Insurance Group. This finding comes from a Gavop study that analyzed 17 of the most popular home insurance agents located within a 10-mile radius of Racine. The agencies located closest to the city center are CRB Insurance, Carpenter Rowland Batenburg Company Inc., David Insurance Agency, and Bobinsurance.com

The study considered 17 popular agents located at various distances from the city center. Starting with the ...

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Home Insurance Quotes in Hammond, Indiana, Vary by $430

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By: Ajay kumar Medagani  Oct.10, 2018

Gavop analyzed net savings on home insurance between the higher ($2,500) and lower ($500) deductible plans in Hammond, Indiana, and found that homeowners choosing the lower deductible plan save as much as $430 in total yearly spending. This citywide calculation is based on a hypothetical claim amount of $1,000. For a $500 deductible, Hammond’s citizens pay a median yearly premium of $450 and with a higher deductible of $2,500, this value is $380.

These numbers differ widely from the statewide numbers.  For a hypothetical claim of $500, Indiana’s ...

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In Victoria, Texas, the Cheapest Home Insurance Quotes Differ by $323 Based on the Type of Construction

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By: Ramu Garuda October. 09, 2018

Gavop’s recent study of home insurance premiums in Victoria, Texas, shows that the cheapest premiums for both brick and stucco construction houses are offered by the same firm: Allstate Vehicle and Property Insurance Company. For brick houses, the premium value is $2,384, while for stucco, it is $2,707 – a difference of $323. Some of the other home insurance providers offering low-end premiums for both kinds of constructions are Texas Farmers Insurance, National Specialty Insurance, Metropolitan Lloyds Insurance Company of Texas, and American Bankers Insurance Company of Florida.

The data for this ...

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Latest Homeowners Insurance Reviews & Ratings

Colorado Home Insurance Customer Reviews

Company: Westfield Insurance

Date: October 22, 2018    Age: 20 to 29    Gender: Male    Marital Status: Unmarried

Policy Offerings
The structure is covered for replacement value. I'm covered for liability issue on my property. Fire, theft, and water damage iscovered with some exceptions. Some specific items are covered specifically.


New York Home Insurance Customer Reviews

Company: Utica National Insurance

Date: October 22, 2018    Age: 50 to 59    Gender: Male    Marital Status: Unmarried

Customer Service
excellent attention since you arrive until you leave you feel protected without any doubt advise you evaluate your priorities and worry about finding a planideal for you taking into account that they always serve you at the agreed time


Tennessee Home Insurance Customer Reviews

Company: Westfield Insurance

Date: October 21, 2018    Age: 20 to 29    Gender: Female    Marital Status: Unmarried

Customer Service
I don't really know, I've never made a claim against my homeowners insurance. They were easy to deal with when I expanded my coverage, though.


California Home Insurance Customer Reviews

Company: Liberty Mutual

Date: October 21, 2018    Age: 20 to 29    Gender: Female    Marital Status: Married

Communication
Never had any issues with communications whether through email or phone conversations.


Oklahoma Home Insurance Customer Reviews

Company: GEICO

Date: October 20, 2018    Age: >60 years    Gender: Male    Marital Status: Married

Communication
The one time I did need to file a claim/talk to a rep, I was able to get ahold of a rep on the phone within a few minutes, who was courteous and polite and who was able to get to helping my claim very quickly.


Owings Mills, MD Home Insurance Customer Reviews

Company: Farmer's Insurance

Date: October 22, 2018    Age: 30 to 39    Gender: Male    Marital Status: Unmarried

Communication
I dislike how if I speak with my insurance representative for one specific thing, I end up spending so much time discussing other things. Most of the additional services are hard to decipher if I truly need them or if they are a waste of money.


Urbana, IL Home Insurance Customer Reviews

Company: State Farm

Date: October 22, 2018    Age: 20 to 29    Gender: Female    Marital Status: Married

Policy Offerings
I believe it covers the structure, the barn and garage and some of the contents of the home. It is covered if there is a fire or weather damage but not flooding.


Frederick, MD Home Insurance Customer Reviews

Company: Amica Mutual Insurance

Date: October 22, 2018    Age: 30 to 39    Gender: Female    Marital Status: Married

Customer Service
it is very usefull to interact the providers and they guide in very kind way


Hutto, TX Home Insurance Customer Reviews

Company: USAA

Date: October 22, 2018    Age: >60 years    Gender: Male    Marital Status: Married

Customer Service
since you arrive at their offices you feel protected and well understood because they treat you in a very special way so that you feel that you must put your house and the safety of your family in your hands


La Crosse, WI Home Insurance Customer Reviews

Company: Allstate

Date: October 22, 2018    Age: 20 to 29    Gender: Female    Marital Status: Married

Premium
Allstate's premium is slightly better than other premiums that I looked for, but I haven't searched the market especially hard. I insure various possessions through Allstate so this may be a factor.