vHome Insurance provides homeowners in Grand Rapid, MI, with a visual guide on factors affecting their home insurance rates

Industry: Financial Services

New York, NY (PRUnderground) February 18th, 2020

According to an analysis by vHome Insurance, homeowners in Grand Rapids, MI, pay an average homeowner’s insurance premium of $775, which is $663 lower than the national average of $1,438. Homeowners in Grand Rapids pay a home insurance rate that is also equal to the state average of home insurance in Michigan. 

vHome Insurance has also made a comparison of insurance rates offered by insurers in Grand Rapids, as seen in the graphical representation below. Safeco was found to be the company offering the lowest homeowners insurance rate in Grand Rapids. 

Homeowners in Grand Rapids can also find out the average home insurance premiums for various coverage levels in vHome Insurance’s analysis. Moreover, a visual guide of insurance information has also been provided to homeowners in Grand Rapids.

  • Comparison of Grand Rapids, MI, insurance rates with Michigan

  • Cost of Grand Rapids homeowners insurance based on home value and household income

  • Homeowners insurance comparison for cheapest premiums in Grand Rapids

  • Cost of Grand Rapids insurance premiums for different deductibles

  • Grand Rapids home and auto insurance bundling discounts

  • Grand Rapids home insurance as a percentage of housing cost 

  • Grand Rapids home insurance rates based on claims filed

vHome Insurance also provides data on the factors affecting homeowners insurance in Grand Rapids, such as 

  • Number of bedrooms

  • Different deductibles

  • Age of the home

  • Construction type of the home

Finally, vHome Insurance also provides homeowners in Grand Rapids with information about the discounts that they can avail of on their homeowner’s Insurance. The tips include

•       Bundling discounts

•       Senior citizen’s discount

•       Discounts for home safety devices

•       Discounts for new homes

About vHomeinsurance

vHomeInsurance takes a data driven approach to help consumers evaluate the best home insurance companies and topics impacting the home insurance industry.

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