The study lists the average premium for each variable, such as the value of the home, coverage amount, age of the home, construction type, size, and the choice of deductibles.
(PRUnderground) February 10th, 2020
The latest study done by vHome Insurance did an in-depth analysis of the various home insurance companies in Reno, NV, to narrow down the best home insurer. The study also lists the quotes offered by the best home insurance companies in Reno. Homeowners are advised to compare quotes offered by different home insurance companies in order to determine the cheapest one.
The average home insurance premium in Reno is $701. This is only half as much as the national average premium of $1,438. The analysis also compares the average home insurance premium in Reno with its neighboring cities. Different variables are taken into consideration while determining home insurance rates. The study lists the average premium for each variable, such as the value of the home, coverage amount, age of the home, construction type, size, and the choice of deductibles.
The study offers homeowners an insight on how they can further save on home insurance rates. It includes an array of discounts available in Reno that homeowners can use to save on home insurance rates. Homeowners can save up to $133 on home insurance rates by bundling their home insurance policy with their auto insurance. Newly constructed homes and homes installed with security devices also receive discounts from home insurance companies.
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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