Data-Driven Home Insurance News & Analysis


Long Beach homeowners insurance rates can be as cheap as $31

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By: Hemanth Ramesh September, 23, 2019

According to Gavop research, homeowners in Long Beach, California, pay an average homeowner's insurance rate of $1,630 per annum, which is much higher than the national average of $1,228. The typical home value in Long Beach is around $381,000.

Long Beach reports about 1,659 homes valued at less than $50,000. These homeowners pay an average homeowner's insurance rate of $31 per annum.

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Colorado Springs’ homeowners can save $168 on insurance rates

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By: Ajay kumar Medagani September, 20, 2019

According to a Gavop analysis, homeowners in Colorado Springs, Colorado, pay an average homeowner's insurance rate of $920 per annum. This is possibly because the crime rate in Colorado Springs is considerably higher than the national average for communities of all sizes in America. The city annually reports about 483 robberies and over 15,309 property crimes. In fact, a resident of Colorado Springs has a one in 30 chance of becoming a victim of a violent or property crime. However, metropolitan areas in Colorado Springs have a much lower property crime rate. This is possibly due to better education rates, quicker response times by the police departments, and higher standards of living.

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El Paso, Texas, homeowners can save 25% on their insurance rates

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By: Hemanth Ramesh September, 19, 2019

Residents of El Paso, Texas, pay an estimated homeowner's insurance premium of $470 per annum, which is much lower than the national average of $1,228. This is due to multiple factors such as fewer occurrences of crime, better response times from the fire departments, and lower risks of natural disasters. While living in El Paso has its benefits, here are some tips for the city’s homeowners to further lower their insurance rates.

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Las Vegas Homeowners Can Save up to 20% on Home Insurance Costs

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By: Ajay kumar Medagani September, 18, 2019

Homeowners in Las Vegas, Nevada, pay an estimated homeowner’s insurance premium of $970 per year, which is lower than the national average of $1228. This is due to factors such as low crime rates, better response times from the fire departments, and few possibilities of natural disasters in Las Vegas. While living in Las Vegas has its perks, homeowners can also do their bit to make their homeowner's insurance rates cheaper.

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Portland, Oregon Homeowners Insurance Rates Can Be As Cheap As $36

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By: Hemanth Ramesh September, 17, 2019

Research by Gavop shows that homeowners in Portland, Oregon, pay an average homeowner's insurance premium of $1,610 per annum, which is higher than the national average of $1,228. The typical home value in Portland is around $288,300.

There are about 3,923 homes in Portland with a home value of less than $50,000. Homeowners of these homes pay an average homeowner’s insurance rate of $36 per annum.

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Mesa, Arizona, homeowners can lower home insurance rates by $93

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By: Ajay kumar Medagani September, 16, 2019

According to a Gavop study, homeowners in Mesa, Arizona, pay an average homeowner's insurance rate of $580 per annum. Mesa annually reports about 454 robberies and more than 10,692 crimes targeted at properties. Generally, a higher crime rate translates into higher insurance costs. When compared with other communities of similar population size, Mesa’s crime rate is noticeably lower than the average.

Mesa’s rate for property crime is 22 per one thousand population. This means there is an above-average chance of becoming a victim of a property crime in Mesa compared with other communities in America of all population sizes.

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Memphis, Tennessee Homeowners can lower Insurance Rates by $148

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By: Hemanth Ramesh September, 13, 2019

Homeowners in Memphis, Tennessee, pay an average homeowner's insurance premium of $560 per annum, which is much lower than the national average of $1,228 per annum. This is possibly because metropolitan cities have lower crime rates, report better response time by the fire department, and are less prone to natural disasters.

Constructing homes with superior fire-resistant material can help lower the insurance rates for Memphis homeowners, with insurance companies offering discounts of as much as 27%. Homeowners living in brick veneer constructions can earn a discount of as much as 4% on their insurance premiums, whereas those with masonry homes can get a discount of up to 10%.

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Boston homeowners insurance rates can be as cheap as $63

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By: Ajay kumar Medagani September, 12, 2019

According to Gavop research, homeowners in Boston, Massachusetts, pay an average homeowner's insurance rate of $1,720 per annum, which is higher than the national average of $1,228. The typical home value in Boston is about $374,700.

There are about 1,034 homeowners in Boston whose homes are valued less than $50,000. These homeowners pay an average homeowner's insurance rate of $63 per annum.

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Dallas homeowners can lower home insurance rates by improving their home security measures

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By: Hemanth Ramesh September, 11, 2019

According to a Gavop study, homeowners in Dallas, Texas, pay an average homeowner's insurance rate of $580 per annum. Dallas experiences about 4,381 robberies annually and more than 43,421 crimes target properties annually. Generally, higher crime rates translate into higher insurance costs. The neighborhoods in the Dallas metropolitan regions are statistically much more safer. In particular, Frisco, Double Oak, and West Mckinney have been identified as the safest neighborhoods to live in.

Dallas is the ninth most populous state in the United States and is mainly divided into Central, East, and South Dallas. About one-third of Texas’ residents live in the metropolitan area of Dallas.

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Denver’s Average Homeowners Insurance Rate is $1,230 per annum

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By: Ajay kumar Medagani September, 11, 2019

In Denver, Colorado, the average homeowner's insurance premium is $1,230 per annum, which is almost equal to the national average of $1,228 per annum.

Constructing homes with superior fire-resistant material can help Denver homeowners lower their insurance rates, with insurance companies offering discounts of as much as 19%. Homeowners living in brick veneer constructions can get a discount of up to 3% on their insurance premiums, whereas those with masonry homes can get a discount of as much as 13%.

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San Francisco homeowners can save up to 23% on their home insurance

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By: Hemanth Ramesh September, 10, 2019

Homeowners in San Francisco, California, pay a homeowner's insurance premium of $1,650 per annum, which is higher than the national average of $1228. There are multiple ways San Francisco homeowners can lower their homeowner's insurance rates.

One way is by ensuring that all construction on the property is fire resistant. Homeowners with brick veneer homes get earn up to a 5% discount on their homeowner's insurance and those with masonry constructions get a discount of up to 8%. Homeowners with homes constructed using superior fire-resistant construction materials get as much as a 23% discount.

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