Homeowners in Vancouver, Washington, pay an average home insurance rate of $776. The state of Washington is known for relatively low home insurance rates, with the average being $809. Below is a list of discounts offered to Vancouver homeowners, which they can use to further reduce their home insurance rates.
Home insurance companies provide discounts to Vancouver homeowners based on the construction materials used to build the house. Vancouver homes that are built using sturdy materials make them more resistant to damage, earning them considerable discounts from home insurance companies. For example, Vancouver homes constructed using fire-resistive materials and superior materials get discounts of $101 and $78, respectively, on their homeowners insurance. Homes built using masonry and brick earn a discount of $39, while homes with a hail resistant roof get a $16 discount.
Newly constructed Vancouver homes can avail of discounts of up to $217 on homeowners insurance. New homes have less propensity to damage. As a result, home insurance companies offer substantial discounts to newly built homes. On the other hand, older homes attract higher insurance rates. The average home insurance rates of Vancouver homes older than 40 and 50 years are $796 and $813, respectively.
Vancouver has a property crime rate of 31.99 per 1,000 residents. The city has witnessed 789 burglaries at a rate of 4.31 per 1,000 residents. In the best interest of protecting their investments, home insurance companies offer discounts to homes installed with safety devices. For instance, Vancouver homes with deadbolts and fire extinguishers can avail of a discount of $70, each, on homeowners insurance. Homes installed with sprinkler systems and fire alarms receive a discount of $62 and $39, respectively, on homeowners insurance.
Home insurance companies provide special discounts to Vancouver homeowners based on their profession. Teachers, army personnel, and federal government employees can avail of special discounts on homeowners insurance. Also, senior homeowners in Vancouver can avail of discounts of up to $109 on homeowners insurance. Home insurance companies provide discounts to homeowners, depending on their claims history. In Vancouver, home insurance rates can increase by up to $93 based on the type and number of claims. Vancouver homeowners with a claims-free history can avail of discounts of up to $1109 on home insurance.