Research & Analysis on Homeowners Insurance Cost

Shreveport, Louisiana, Average home insurance cost is $600

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By: Hemanth Ramesh October, 29, 2019

According to a Gavop analysis, homeowners in Shreveport, Louisiana, pay an average homeowner’s insurance rate of $600 per annum. This is because the crime rate in Shreveport is considerably higher than the national average in America. The city annually reports about 499 robberies and over 10,861 property crimes. In fact, a resident of Shreveport has a 1 in 15 chance of becoming a victim of a violent or property crime. However, metropolitan areas in Shreveport have a much lower property crime rate. Reasons for this include better education rates, quicker response times by the police departments, and higher standards of living.

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Garland, Texas, Average Home Insurance Cost is as cheap as $480

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By: Ajay kumar Medagani October, 25, 2019

According to a Gavop study, homeowners in Garland, Texas, pay an average homeowner's insurance rate of $480 per annum. The median home value in Garland is $116,900.

The majority of the homes in Garland (55.1%) are valued between $140,001 and $279,000. Most (48.9%) are 3-bedroom homes. Less than 3% of Garland homes cost less than $70,000.

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Glendale, Arizona, Average Home Insurance Cost is $850

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By: Ajay kumar Medagani October, 24, 2019

According to a Gavop study, homeowners in Glendale, Arizona, pay an average homeowner's insurance rate of $850 per annum. Glendale reportedly witnesses about 481 robberies and more than 11,293 property-related crimes annually. The city has a relatively higher crime rate compared to communities of all sizes - from the smallest towns to the very largest cities in the United States. About 1 in 20 properties are the targets of crime in Glendale.

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Fort Lauderdale, FL Average home insurance cost is $730

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By: Ajay kumar Medagani October, 23, 2019

According to a Gavop study, homeowners in Fort Lauderdale, Florida, pay an average homeowner's insurance rate of $730 per annum. Fort Lauderdale reportedly witnesses about 432 robberies and more than 10,118 property-related crimes annually. The city has a relatively high crime rate compared to communities of all sizes - from the smallest towns to the very largest cities in the United States. About one in 18 properties are the targets of crime in Fort Lauderdale.

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Modesto, California, Average home insurance cost is $900

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By: Ajay kumar Medagani October, 21, 2019

According to a Gavop study, homeowners in Modesto, California, pay an average homeowner's insurance rate of $900 per annum. The median home value in Modesto is $176,600.

A majority of Modesto’s homes (33.3%) are valued between $623,001 and $934,000. Less than 5% of Modesto homes are valued less than $70,000. Bret Harte reports the lowest median home values at $111,200. Ripon has the highest home value, with an average home costing $381,300. More than 1.5% of households in Modesto are valued at more than 1.5 million. Single-family detached homes are the most common housing type in Modesto, accounting for 70.56% of the city’s housing units.

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Greensboro, North Carolina, average homeowners insurance is $850

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By: Hemanth Ramesh October, 18, 2019

According to a Gavop study, homeowners in Greensboro, North Carolina, pay an average homeowner's insurance rate of $850 per annum. Greensboro annually reports about 664 robberies and more than 10,474 crimes targeted at properties. Generally, a higher crime rate translates into higher insurance costs. In comparison to other communities of similar population size, Greensboro’s crime rate is one of the highest in the country.

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Buffalo, New York, homeowners can lower home insurance rates by $111

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By: Hemanth Ramesh October, 17, 2019

According to a Gavop study, homeowners in Buffalo, New York, pay an average homeowner's insurance rate of $360 per annum. Buffalo experiences about 858 robberies annually and more than 10,284 crimes target properties annually. Generally, higher crime rates translate into higher insurance costs. Buffalo is considered to be one of the most dangerous cities in the United States. The neighborhoods in the metropolitan regions of Buffalo are statistically much safer than those in the rural areas. In particular, South Abbott, North Park, and Starin Central, Albright have been identified as the safest neighborhoods to live in Buffalo.

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Pasadena, California, Average home insurance cost is $1,460

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By: Ajay kumar Medagani October, 16, 2019

According to a Gavop study, homeowners in Pasadena, California, pay an average homeowner's insurance rate of $1,460 per annum. The median home value in Pasadena is $696,000.

A majority of Pasadena’s homes (33.3%) are valued between $623,001 and $934,000. Less than 2% of Pasadena homes are valued less than $63,000. Westchester reports the lowest median home values at $314,700. North Central has the highest home value, with an average home costing $10,000,001. More than 22% of homes in Pasadena are valued at more than 1.2 million. Single-family detached homes are the most common housing type in Pasadena, accounting for 43% of the city’s housing units.

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Plantation, Florida, homeowner’s insurance rate as cheap as $175

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By: Ajay kumar Medagani October, 16, 2019

According to a study by Gavop, homeowners in Plantation, Florida, pay an average homeowner's insurance rate of $900 per annum, which is $338 lower than the national average of $1,228. The typical home value in Plantation is about $234,100.

Plantation reports about 8,469 homes with a value of less than $50,000. Homeowners with a home valued less than $50,000 pay an average homeowner's insurance rate of $175 per annum.

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Santa Ana, California, average home insurance cost is $1200

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By: Ajay kumar Medagani October, 14, 2019

A study by Gavop showed that homeowners in Santa Ana, California, pay an average homeowners’ insurance premium of $1,200 per annum, which is in line with the national average of $1228. The typical home value in Santa Ana is around $208,000.

About 2,333 homes in Santa Ana have a home value of less than $50,000, and the owners of these homes pay an average homeowner’s insurance rate of $49 per annum.

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