Find the Best Homeowners Insurance Rates & Companies in Georgia
Residents in Georgia pay about $1,267 per year for their homeowners insurance. Georgia residents pay just a bit more than the current national average for home insurance, which is $1,211 annually. The state ranks number 18 overall for the most expensive home insurance rates in the US.
The current average home price in Georgia is around $301,978. After spending so much on your home, not having it properly protected by the right coverage would be a shame. That's why you need the best homeowners insurance policy available in your area.
An independent insurance agent can help you get equipped with the right home insurance policy for you and your family. But before we get too far ahead of ourselves, here's a deep dive into homeowners insurance in Georgia.
Best Homeowners Insurance Companies in Georgia
While home insurance is available from a ton of different insurance companies in Georgia, a handful of options go above in beyond in terms of coverage and service. We've gone ahead and provided our top picks for the best homeowners insurance companies in Georgia, for your convenience. Start by checking out these top carriers:
- PURE: PURE offers many types of personal insurance, including home insurance. With its excellent financial strength and 24/7 claims reporting, PURE is a company you can trust.
- Progressive: Progressive has quite an extensive coverage catalog, including homeowners insurance. You can count on Progressive thanks to its outstanding financial strength and 24/7/365 customer service, not to mention the added bonus of dozens of coverage discount options.
- Nationwide: Nationwide also offers an extensive catalog of coverages in addition to home insurance. With its excellent ratings from both AM Best and the Better Business Bureau (BBB) and 24/7 claims reporting, Nationwide has proven to be a dependable carrier.
- Travelers: Travelers provides coverage for most anything you could need it for, including your home. With its extensive history, solid financial strength, 24/7 claims reporting, plethora of discount options, and excellent customer feedback, Travelers is a carrier you can't go wrong with.
Still not sure where to start your coverage journey? Work together with a Georgia independent insurance agent. They'll help you browse your home insurance policy options from these trusted carriers and even more, if necessary.
What Homeowners Insurance in Georgia Can Cover
You can rely on a home insurance policy to provide coverage for your home's physical elements, as well as your personal liability and more. Expect to find these basic coverages in a Georgia home insurance policy:
- Personal property: Can reimburse you for costs related to theft, damage, or destruction of your personal belongings like clothing if anything you've listed gets stolen, broken, etc.
- Dwelling: Can reimburse you for costs related to the damage or destruction of your home's physical structure by lightning, fire, vandalism, and more.
- Loss of use: Can reimburse you for many extra costs if you have to live somewhere else, like a hotel, while your home gets repaired after a major covered disaster like an explosion.
- Personal liability: Can reimburse you for the costs of an attorney and other legal expenses if you get sued by a third party for claims of bodily injury or personal property damage.
With that in mind, there are some disasters the state is prone to that might not be covered by home insurance. In Georgia, these natural disasters are especially common:
- Severe storms
To protect your home against water damage caused by natural sources like hurricanes and severe storms, you'll need a flood insurance policy. Home insurance specifically excludes this type of disaster. However, your home insurance policy can protect against damage caused by tornadoes and wildfires, and the wind that accompanies hurricanes.
What Homeowners Insurance in Georgia Will Not Cover
No matter where you live, home insurance won't cover just any disaster. In Georgia, you can expect to find these exclusions listed on your home insurance policy:
- Flood and water damage from natural sources
- Earthquake damage
- Insect infestation and pest damage
- Malicious/intentional acts against others
- Routine maintenance fees
- Wear and tear of the home
As a homeowner, it's considered your responsibility to maintain your home's upkeep, so your insurance won't cover maintenance or wear and tear costs. Also, keep these other costs in mind and plan to pay for them without going through your home insurance. Fortunately, earthquakes are extremely rare in Georgia, so you probably don't need to worry about adding earthquake insurance.
Flood damage in Georgia
Flooding events are quite common in Georgia, so it's critical to consider that your home might need extra protection beyond what's provided by a homeowners insurance policy. Talk to your local independent insurance agent about adding flood insurance to your coverage. That way, you won't ever be stuck paying for rebuilding or repair costs to your home after a hurricane, severe storm, or other natural flooding event.
Average Cost of Homeowners Insurance in Georgia
Home insurance average rates in Georgia are $1,267 per year, which is just a bit higher than the national average of $1,211. Georgia's home insurance rates are only the 18th highest in the US. Higher home insurance rates can be caused by a state's property values and the risk of natural disasters. They can also be impacted by local crime rates, the type of coverage you choose, and your personal claims history.
Average Georgia Home Insurance Costs by City
Home insurance rates vary by city within a state. In Georgia, residents in the city of Alpharetta currently pay the highest home insurance rates of the whole state on average, at $1,592 per year. The Georgia city with the best and cheapest homeowners insurance rates is Rome, where residents pay an average of only $947 annually for home coverage.