The state of Washington is located in the Northwest region of the United States. It is home to 6.7 million people. Washington is commonly referred to as Washington State or the State of Washington. This is because of the confusion with Washington DC. Located north of Oregon and to the west of Idaho is Washington. This state was named after George Washington, the first United States President.
Washington is the second most populous city in the Western part of the US. This state is a leading lumber producer. This is because of the rich abundance of many different tree types. This is why the nickname “The Evergreen State” was given. Washington also produces many apples, pears, red raspberries, cherries and many vegetables.
The state’s economy receives significant contributions from farms. The commercial fishing of salmon, halibut, and bottom fish boost the economy too. Washington also has many manufacturing industries such as aircraft and missiles, shipbuilding, lumber, food processing, and metals and metal products.
Insurance Rates in Washington
We researched the average cost of homeowners insurance for the state of Washington. We also found that home insurance costs on average $965 a year. The highest rate found in the state was $1,425. The lowest rate found was $633.
Which cities in Washington provide the cheapest rates? Where are the cheapest cities located? Studies have shown that the cheapest insurance rates were found in North Washington on the coast. Usually, cities on coastlines experience a higher rate. However, there are some small differences that make the rates more affordable.
The most expensive rates are found in the western half of the state. This is because these cities are located close to water. The positions of these cities make a higher risk of flood, the wind, and large scale damages. These factors will also cause the insurance companies to charge higher rates. These cities are also a threat due to having a higher average of home thefts.
Seattle is the largest city in the state of Washington and the Pacific Northwest. It has a population of 652,404. Seattle’s first major industry was logging. However, the late 19th century brought a new industry, shipbuilding. Seattle’s shipbuilding center became a gateway to Alaska during the Klondike Gold Rush. The major companies Microsoft and Amazon became established in Seattle. The estimated premium for Washington homeowners insurance quotes in this city is $1,000.
Located on the Spokane River is the city of Spokane. This city is west of the Rock Mountain foothills. This city is known as the birthplace of Father’s Day. However, the city of Spokane is nicknamed the “Lilac City”. The economy of Spokane depended on mining, timber, and agriculture until 1980. Spokane hosts Hoopfest, the world’s largest three on three basketball tournament. The coverage rates for Spokane is an estimated $821 yearly.
The city of Tacoma is named after Mount Rainer. This city is locally known as the city of destiny. This is because the city was the western terminus of the Northern Pacific Railroad. Port activity in this state generates 77 million dollars in revenue. The port of Tacoma is also responsible for more than 10,100 jobs. The average premium for this city is $1,020.
The name Bellevue is a French term for the phrase “beautiful view”. Bellevue has a population of 133,982. The population of Bellevue is diverse. This city also has booming businesses in the downtown parts. Bellevue also provides woodsy neighborhoods and public parks. This ideal city has an estimated homeowners insurance cost of $1,050.
Everett is the sixth largest City in Washington State. It is 45 minutes away from Seattle. Everett is home to the largest public marina on the west coast. It also is home to Boeing’s jumbo jet assembly plant, which is the largest volume building in the world. In conclusion, coverage here is an estimated $928.
The city of Renton is an assembly point for the Boeing 737 commercial airplanes. Renton is also home to a growing number of well-known manufacturing, tech, and service companies. Some of these companies include Boeing, Paccar, and Geico. Renton is home to the second largest NFL training facility for the Seattle Seahawks.
Located in the Yakima Valley is Yakima. The Yakima Valley is a productive agricultural region. It produces apples, wine, and hop production. The Yakima Valley grows 77% of all the hops grown in the US. This city also has over 250 manufacturing firms. These firms include airplane parts, wood products, plastic products, recreational vehicles and communication technology.
Federal Way provides tourists with a quiet, relaxed look at life in the Pacific Northwest. However, this city offers many different attractions. The Wild Waves Theme Park is the biggest amusement park in the state. In addition, it offers 70 acres of rides. The Northwest Sand Festival also takes place here in August and September. During this festival, artists come from around the world to create art from sand. Washington homeowners insurance quotes here are $971 annually.