Georgia Fire Insurance

What You Should Know about Georgia Fire Insurance

Accidental fires in homes are not the only fire risk faced by Georgia residents. Recent dry conditions have increased the risk for wildfires in the state. The Georgia Fire Commissions says that residents should remain cautious and have plans in place so they can quickly evacuate if necessary during dry or drought conditions. Is your Georgia fire insurance coverage adequate to protect your home, car, and personal possessions?

An insurance agent in the Trusted Choice® network can help you make sure you are properly covered. These agents work independently, so they are free to help you shop the local market and compare Georgia fire insurance quotes from several different companies. They can also help you assess your risks and answer any insurance-related questions you may have. Contact a local member agent today for more information.

  • Georgia is the most likely state in the U.S. to experience wildfires
  • In 2012, 3,331 wildfires burned 19,136 acres in this state
  • There were approximately 370,000 structure fires in the U.S. in 2011
  • The average cost of property loss per residential fire in Georgia is $5,984

While residents of heavily forested and rural areas may be most concerned about wildfire damage, city residents are not immune to the threat of fire damage either. Many home fires are caused by faulty wiring or home cooking accidents. Multi-unit buildings can pose risks as well – a fire started by your neighbor can easily escalate and damage your apartment or townhome as well.

Georgia Fire Insurance for Homeowners

Georgia homeowners insurance policies usually include coverage for fire damage for your building’s structure and to the contents of your home. It is important to review your coverage to be sure it is adequate to meet your needs.

A fire can lead to a total loss. Consider the cost or rebuilding your home and replacing personal possessions. Do you have sufficient structure coverage? Also consider the cost of replacing all your belongings. If your contents coverage is for replacement value, you will be much better equipped to completely replace your lost items than if your policy provides only for your property’s actual, depreciated value.

Equipping your home with fire extinguishers, smoke alarms and even sprinkler systems can go a long way toward preventing catastrophic loss. These measures may also lead to reductions in your insurance premiums.

Georgia Fire Insurance for Renters

Approximately 32 percent of the homes in Georgia are renter-occupied. Renters will have similar concerns to homeowners when it comes to coverage against fire damage. Renters usually don’t need to worry about rebuilding a fire-damaged home, but they can sustain heavy losses if their personal belongings are burned in the fire or damaged by water when it is being extinguished.

Even though these policies are relatively inexpensive, the majority of renters in this state do not have renters insurance policies. If you do not have a policy and the home you rent is damaged in a fire, you will need to replace all of your lost belongings on your own. While you may not feel that you own very much, if you add up all your personal belongings, including furniture, clothing, cookware and electronics, you may be surprised by the total value.

Renters are strongly advised to carry insurance policies for the contents of their homes so that they are protected from losses, including those caused by fire. An agent in the Trusted Choice network can help you secure a policy.

Georgia Fire Insurance for Your Vehicle

The state of Georgia requires a basic liability insurance policy to be a legal driver, which does not typically include coverage for your vehicle in case of a fire. Comprehensive coverage – also known as “other than collision” coverage – is designed to protect you from financial losses if your car is damaged or destroyed by fire.

If you financed the purchase of your car or truck, your lender probably required you to carry comprehensive insurance. Otherwise, this coverage is optional. Unless your vehicle has very little value, comprehensive coverage can be a great investment. In addition to providing compensation for damage caused by fire, it will typically cover you for damage from severe weather, falling objects, vandalism and theft.

Georgia Fire Insurance for Your Business

If you are one of the many small-business owners in Georgia, you may already have a business insurance policy. Will your policy adequately cover your business if it is damaged in a fire? Some business insurance coverage options that can protect you from fire damage costs include the following:

Property coverage: This will provide compensation for property loss and damage as well as for the structure of the building in which your business is housed, if you own it.

General liability coverage: This will enable you to cover the costs associated with bodily injuries to third parties from the fire, and will protect you if you are negligent and are sued for any resulting property damages.

Lost income coverage: If your business is forced to close or halt production while fire damage is being repaired, this insurance can provide a portion of your expected income so that you can continue to pay employees and monthly expenses.

Learn more about Georgia Fire Insurance

There are many ways that a fire can cause you financial hardship. Fortunately, quality insurance policies can help. It’s a good idea to review the policies you carry to make sure they will provide adequate coverage in the event that a fire damages your property. When going through your policies, you may discover you have a lot of questions.

You can take your insurance-related questions to a local Trusted Choice member agent. These experienced and trained insurance professionals can help you review your current policies and may suggest alternatives that can provide better coverage. They can also help you compare a variety of Georgia fire insurance quotes to find the best coverage for your needs and budget. Contact a member agent in your neighborhood for more information today.

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