After it peaked at around 15% in 2009, the unemployment rate in Grand Rapids has dropped to 8.9%. Thanks to the area’s economic and industrial diversity, this should continue to lower. Many news and television programs have claimed that the city is in a decline, but the community seems stronger than ever, and highly motivated to make the city as good as it can be. Need an example? Check out the The Grand Rapids LipDub. If you’re shopping for lower rates, take a few minutes to compare the options for cheap insurance Grand Rapids can offer. You might be surprised!
Grand Rapids Insurance Factors
- Despite very indication that the city was on a decline, it was rated as the best city for real estate development just this year. This could mean Grand Rapids will see a lot of new residents shortly, so be prepared for auto insurance rates to change.
- The cost of living has recently dropped to 17% below the national average. Another reason to take a second look at the city!
- Furthermore, there were only 268 cars stolen in 2012, so it seems to be a fairly safe city to store your vehicle.
- Commute time is a bit higher than comparable cities. Almost 350,000 commuters hit the road each day during peak hours, so drivers can expect to spend around 24 hours in traffic each year.
- While there are a number of bus lines in the city, most people still rely on their car to get around.
How to Save Money in Grand Rapids
You can save the most money by simply getting comparison quotes at least twice a year (or on your policy’s renewal). With our online tools, it’s a much easier process than it used to be. All we need to start helping you shop is your zip code.
