Affordable Georgia Homeowners Insurance for 2022


WRITTEN BY: Mark Romero

UPDATED: NOVEMBER 07, 2022 | 1 MIN READ

Buying homeowners insurance in Georgia shouldn’t be complicated, and to that end, we’ve rounded up all of the information you need to know to get yourself a policy that gives you the best coverage for your dollars. Read on to learn the best companies, the type of coverage you need in Georgia, and how to purchase home insurance in Georgia.

Best Georgia Home Insurance Companies

The type of coverage you‘re looking for in Georgia won’t necessarily be the same as in other states. For example, tornadoes happen frequently, as do strong storms. Therefore, the best coverage for your Georgia home may be different to the national best. 

Overall Best Georgia Homeowners Insurance Company

Cincinnati is our pick for the best overall home insurance company in Georgia. It’s one of the least expensive, has excellent customer service, and three levels of coverage. These levels mean you can tailor the coverage to suit your needs.

Best Value Georgia Home Insurance Company

The best value Georgia homeowners insurance company is Progressive, with Cincinnati Financial coming a close second. Progressive has the cheapest home insurance rates in the state, but their personal liability coverage is pretty basic

Georgia Home Insurance Company With the Best Customer Service

The home insurance company with the best customer service in Georgia is Cincinnati Financial. The National Association of Insurance Commissioners (NAIC) suggests that based on its size, Cincinnati Financial receives 75% fewer complaints would be expected.

Georgia Homeowners Insurance Company Best For Bundling

The best home insurance company in the state for people who want to bundle their insurance policies is likely to be State Farm for most people. Although their home insurance is slightly above the average for the state, their car insurance rates are super affordable. Combined with their estimated 15% bundling discount, this makes State Farm our top choice for bundling policies.

Georgia Home Insurance Company With the Best Coverage Options

With Allstate you can tailor your policy to suit your particular needs. They have many different endorsements you can add to your policy meaning that you can make sure your policy is tailored to you.

Local and Regional Home Insurance Options In Georgia

Donegal

Donegal home insurance helps Georgia homeowners protect their property against various disasters. Homeowners in Atlanta, Valdosta, and everywhere else in Georgia trust Donegal with premium home coverages. Donegal offers Dwelling, Other Structures, Personal Liability, and additional options such as Extended Limits Coverage. Donegal features all the coverages you need to ensure you may rebuild and repair your home from a covered event. Discounts from Donegal range from savings for high deductible fire/safety devices and policy renewals. 

Encompass Insurance

Encompass Insurance features over 100 years of service and is Georgia’s premier home insurance provider. The company features a home and auto package called EncompassOne Policy, with the coverages you need for one price. Unlike other carriers, unlike other carriers, encompass Insurance also includes standalone homeowners insurance with high limits and premium features. Coverages range from Dwelling to Personal Liability. You have premium options for protection, including Enhanced Replacement Cost Coverage, Mortgage Rate Protection, and more. Discounts for homes less than 49 years and homes with a security system help you save on premiums. 

Georgia Farm Bureau Insurance

Georgia Farm Bureau offers insurance to its members as a benefit. Their comprehensive home insurance products offer broad coverages to protect your home, no matter where you live in Peach State. The home insurance coverage includes Dwelling, Personal Property, and other essential protection. Georgia Farm Bureau may include insurance discounts based on your home’s features and your policy. A bundle discount for home and auto may also be available. 

Georgia Insurance Demographics

When insurance companies offer you a policy price, they look at the demographics you fall into to come up with the cost. They look at the claims and payment histories of people similar to you, and assign categories of risk.

  • Average Home Value: The median home value in Georgia is $252,179. This has increased over 21% in the last 12 months.
  • Crime Rates: You have a 1 in 50 chance of becoming a victim of a property crime in Georgia, including burgalary and theft.
  • Average Household Income: The median household income in Georgia is slightly less than the national average, at $61,224 compared to the national $64,994.
  • Median Age Range: The median age in Georgia is 36.2 years of age.
  • Education: 87.9% of people living in Georgia have graduated high school, with 32.2% holding a college degree.

Is Georgia Home Insurance Required?

Homeowners insurance is not legally required by the state of Georgia, but it’s likely that your mortgage company will need you to get it as a condition of them approving you a loan.

What Does Georgia Home Insurance Cover?

Homeowners insurance in Georgia typically covers any ‘peril’ or event that isn’t specifically excluded in your policy. Usually, exclusions are things like wear and tear, or pest infestations.

Common Home Risk Factors In Georgia

Some of the common risk factors for home damage in Georgia include hurricanes, flooding, severe storms, and tornados. Fires are also common natural disasters that are often declared in Georgia.

Being a coastal state, Georgia requires specific types of additional coverages that more inland states may not need. These include flooding coverage, windstorm coverage, and roof replacement coverage.

Flooding coverage

While most Georgia home policies cover hurricane damage, flooding is typically excluded and needs to be added to your policy. Some mortgage providers require homes in federally designated high-risk flood zones to have flood insurance.

Even if you’re not in a zone that is known for flooding, it’s important to remember that flooding often happens outside of these zones. 

Windstorm coverage

Windstorm coverage is usually included automatically in a homeowner’s policy, but if you live in Georgia you may want to make sure it’s definitely included. Otherwise, you’ll likely want to look into getting an additional policy or endorsement for windstorms. 

Some policies may require you pay a separate deductible for named windstorms.

Roof replacement coverage

Roof replacement coverage gives you the full replacement cost of a new roof or repairs to the existing roof. This is beneficial if you have a newer roof or one that is in good condition.

How Much Does Homeowners Insurance In Georgia Cost?

Insurance costs in Georgia vary depending on whereabouts you live. Athens is one of the cheapest areas to purchase homeowner’s insurance, whereas Savannah is the priciest area to insure your home. This is likely because Savannah is on the coast and therefore may be more susceptible to flooding and tropical storms.

Cost of Home Insurance In Georgia By City

CityAverage Georgia Home Insurance CostDifference From Georgia Average
Athens$1,559-$421
Atlanta$1,861-$119
Augusta$2,009+$29
Columbus$1,979+$1
Macon$1,897-$83
Sandy Springs$1,688-$292
Savannah$2,193+$213

FAQs

What’s the average cost of home insurance in Georgia?

The average cost of homeowners insurance in Georgia is $1,980, but your rate will vary depending on a number of different factors.

Why is homeowner’s insurance so high in Georgia?

Homeowner’s insurance is around $200 a year more than the national average. This is likely due to the state’s higher risk of hurricanes and water damage.

How much is homeowner’s insurance in Atlanta?

The average annual premium for homeowner’s insurance in Atlanta is $1,861..

Is homeowner’s insurance expensive in Georgia?

Homeowner’s insurance is slightly more expensive than the national average, but is by no means the most expensive state. 

How much is hurricane insurance in Georgia?

Hurricanes are typically covered by standard homeowner’s insurance but any damage caused by flooding is not, so would need to be added as a separate coverage. Flood insurance from the NFIP costs a little under $800 on average.

How To Purchase Georgia Homeowners Insurance

Now that you have all of the information you need, it’s time to get a policy. We recommend completing our rate comparison form to see what deals are available in your area. Thanks for reading and be sure to let us know if you have any questions about homeowners insurance in Georgia.