By: Ajay kumar Medagani April, 05, 2019

Gavop’s study of home insurance prices in Marysville, Washington, shows that the typical home value in the city is $250,800, the median home insurance cost is $1,280, and the savings between the 25^th and 75^th percentiles of insurance premiums are $820. In comparison, a typical home in the state of Washington costs $272,900, the median home insurance value is $1,560, and the savings between the 25^th and 75^th percentiles of insurance premiums are $1,020.

For this analysis, Gavop studied insurance premiums of homes ...

An important factor that influences homeowners insurance is the type of construction material used. There are different kinds of construction materials used across the country – frame, brick, stucco, masonry etc. Gavop analyzed state government insurance data to evaluate the difference in premium based on the construction type of a home, on a state-wise basis.

In places that are less prone to fire, builders prefer frame or masonry type of construction, as they are cheaper. In a frame type of construction ...

The HO1 home insurance policy is usually viewed as the most basic policy. It is also called – a perils insurance policy. It provides coverage against damage caused by the following:

1. Fire or Lightning
2. Windstorm or Hail
3. Explosion
4. Riot or Civil Commotion
5. Aircraft
6. Vehicles(unless caused by the insured)
7. Smoke
8. Vandalism or Malicious Mischief
9. Theft (Limit of liability on HO1 is usually $1,000)
10. Volcanic Eruption
11. Glass breakage

More often than not, consumers buying this policy are recommended to opt for ...

Insuring your home is a necessary evil and one that keeps you safe in times of crisis. You might think of the insurance bill as a liability, but if you are the unfortunate victim of natural or man-made accidents or theft or if your home needs to undergo a big repair work, this is the kind of investment that protects your finances from large-scale damage. Unless you have a decent amount of independent wealth and your home is worth a ...

By: Ajay kumar Medagani February, 05, 2019

Homeowners save significantly on their annual home insurance expenditure by choosing the appropriate deductible. Gavop’s recent analysis of net savings earned from home insurance plans with higher ($2,500) and lower ($500) deductibles in Waterloo, Iowa shows that homeowners in the city can save as much as $920 by choosing the lower deductible plan.

This citywide calculation is based on a hypothetical claim amount of $1,500. For a $500 deductible, homeowners ...

By: Ajay kumar Medagani January, 22, 2019

In Gavop’s recent survey of home insurance agents in Cibolo, Texas, the most popular agents within a 50-mile radius of the city are employed with The Allstate Corporation, Travelers, State Farm, or Farmers insurance groups. Located closest to the city are agents Alex Hartman, Visente Trevino, and Ernesto Zavala and among the agencies, the reputed Phil Huizar Insurance reports the shortest distance.

In this study, Gavop assesses for popular agents located at ...