Best Homeowners Insurance in Georgia for 2022 Bankrate
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These are sample rates and should be used for comparative purposes only. Your quotes will differ.
Credit: Rates were calculated based on the following insurance credit tiers assigned to our homeowners: "poor, average, good (base), and excellent." Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. The following states do not allow credit to be a factor in determining home insurance rates: California, Maryland, Massachusetts.
These are sample rates and should be used for comparative purposes only. Your quotes will differ.
To determine how well the best home insurance companies satisfy these priorities, third-party agency ratings from , , , , and Moody's had the most impact on the companies' Bankrate Scores. As price is a common consideration for homeowners, we analyzed quoted premiums based on 40-year-old male and female homeowners with a home policy with $250,000 in dwelling coverage. This profile, assessed across nearly 35,000 ZIP codes in the U.S., provided a basis on which homeowners may compare each provider.
While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer's online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.
In addition to speaking with an independent insurance agent about your preferences, talking with family and friends about their experiences with their home insurance providers may also be helpful.
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We are an independent, advertising-supported comparison service. Our goal is to help you make smarter financial decisions by providing you with interactive tools and financial calculators, publishing original and objective content, by enabling you to conduct research and compare information for free - so that you can make financial decisions with confidence.Bankrate has partnerships with issuers including, but not limited to, American Express, Bank of America, Capital One, Chase, Citi and Discover.
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The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you. Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way.Best homeowners insurance in Georgia for 2022
June Sham is an insurance writer for Bankrate. Before joining the team, she worked for nearly three years as a licensed producer writing auto, property, umbrella and earthquake policies. Angelica Leicht is an insurance editor on the Bankrate team. She is truly passionate about helping readers make well-informed decisions for their wallets, whether the goal is to find the right comprehensive auto policy or the best life insurance policy for their needs. Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance. Updated Nov 07, 2022Find your perfect provider
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Collapse Caret Up More than half of Georgia's residents, or about , own their own homes, which is about on par with the national average. As of 2022, the average cost of a homeowners insurance policy in Georgia was $1,373 per year, or about $114 per month, for $250,000 in dwelling coverage, according to Bankrate's analysis of rate data from Quadrant information services. That means the cost of homeowners insurance in Georgia is in line with the national , which is $1,383 per year for the same amount of coverage. If you're looking for the in Georgia, there are a number of factors that may be worth considering during your search. While each homeowner will have their own needs and wants from a homeowners policy, it can be helpful to consider the cost of the policy, along with customer service rankings, financial strength ratings, the available discounts, add-ons and endorsements, and other factors to determine which company is best for you. To help you get started, Bankrate's editorial team weighed these and other factors to determine the best homeowners insurance in Georgia for 2022. See more CollapseOn This Page
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Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We've maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we're putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most - price, customer service, policy features and savings opportunities - so you can feel confident about which provider is right for you. We guide you throughout your search and help you understand your coverage options. We provide up-to-date, reliable market information to help you make confident decisions. We reduce industry jargon so you get the clearest form of information possible. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we're putting accuracy first.On This Page
More than half of Georgia's residents, or about , own their own homes, which is about on par with the national average. As of 2022, the average cost of a homeowners insurance policy in Georgia was $1,373 per year, or about $114 per month, for $250,000 in dwelling coverage, according to Bankrate's analysis of rate data from Quadrant information services. That means the cost of homeowners insurance in Georgia is in line with the national , which is $1,383 per year for the same amount of coverage. If you're looking for the in Georgia, there are a number of factors that may be worth considering during your search. While each homeowner will have their own needs and wants from a homeowners policy, it can be helpful to consider the cost of the policy, along with customer service rankings, financial strength ratings, the available discounts, add-ons and endorsements, and other factors to determine which company is best for you. To help you get started, Bankrate's editorial team weighed these and other factors to determine the best homeowners insurance in Georgia for 2022. See more This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More MortgageLeaving so soon Your custom quotes are just minutes away
Return to form Key takeaways On average, homeowners insurance in Georgia costs $1,373 annually, or $114 per month, for $250,000 in dwelling coverage, according to Bankrate's research. State Farm and Chubb earned the highest Bankrate Scores for home insurance companies in Georgia Homeowners insurance rates are generally cheaper in Georgia compared to neighboring states of Florida, Tennessee and Alabama. More than half of Georgia's residents, or about , own their own homes, which is about on par with the national average. As of 2022, the average cost of a homeowners insurance policy in Georgia was $1,373 per year, or about $114 per month, for $250,000 in dwelling coverage, according to Bankrate's analysis of rate data from Quadrant information services. That means the cost of homeowners insurance in Georgia is in line with the national , which is $1,383 per year for the same amount of coverage. If you're looking for the in Georgia, there are a number of factors that may be worth considering during your search. While each homeowner will have their own needs and wants from a homeowners policy, it can be helpful to consider the cost of the policy, along with customer service rankings, financial strength ratings, the available discounts, add-ons and endorsements, and other factors to determine which company is best for you. To help you get started, Bankrate's editorial team weighed these and other factors to determine the best homeowners insurance in Georgia for 2022. See more This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More MortgageLeaving so soon Your custom quotes are just minutes away
Return to form Key takeaways On average, homeowners insurance in Georgia costs $1,373 annually, or $114 per month, for $250,000 in dwelling coverage, according to Bankrate's research. State Farm and Chubb earned the highest Bankrate Scores for home insurance companies in Georgia Homeowners insurance rates are generally cheaper in Georgia compared to neighboring states of Florida, Tennessee and Alabama. More than half of Georgia's residents, or about , own their own homes, which is about on par with the national average. As of 2022, the average cost of a homeowners insurance policy in Georgia was $1,373 per year, or about $114 per month, for $250,000 in dwelling coverage, according to Bankrate's analysis of rate data from Quadrant information services. That means the cost of homeowners insurance in Georgia is in line with the national , which is $1,383 per year for the same amount of coverage. If you're looking for the in Georgia, there are a number of factors that may be worth considering during your search. While each homeowner will have their own needs and wants from a homeowners policy, it can be helpful to consider the cost of the policy, along with customer service rankings, financial strength ratings, the available discounts, add-ons and endorsements, and other factors to determine which company is best for you. To help you get started, Bankrate's editorial team weighed these and other factors to determine the best homeowners insurance in Georgia for 2022. See more This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More MortgageLeaving so soon Your custom quotes are just minutes away
Return to form Key takeaways On average, homeowners insurance in Georgia costs $1,373 annually, or $114 per month, for $250,000 in dwelling coverage, according to Bankrate's research. State Farm and Chubb earned the highest Bankrate Scores for home insurance companies in Georgia Homeowners insurance rates are generally cheaper in Georgia compared to neighboring states of Florida, Tennessee and Alabama. Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close XHow Bankrate chose the best home insurance companies in Georgia
Bankrate's editorial team analyzed 2022 average quoted premium data from for dozens of companies in Georgia. We also analyzed each company's available coverage options, discounts, policy features and third-party ratings, including financial strength ratings from AM Best and customer service scores from . We used these factors to determine a proprietary Bankrate Score for each company, which is calculated on a 5.0 scale. The higher the Bankrate Score, the better the company performed across these categories. This Score can help you to find the best options for your needs.Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits: Coverage A, Dwelling: $250,000 Coverage B, Other Structures: $25,000 Coverage C, Personal Property: $125,000 Coverage D, Loss of Use: $50,000 Coverage E, Liability: $300,000 Coverage F, Medical Payments: $1,000 The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required).
These are sample rates and should be used for comparative purposes only. Your quotes will differ.
Credit: Rates were calculated based on the following insurance credit tiers assigned to our homeowners: "poor, average, good (base), and excellent." Insurance credit tiers factor in your official credit scores but are not dependent on that variable alone. The following states do not allow credit to be a factor in determining home insurance rates: California, Maryland, Massachusetts.
Other dwelling coverage limits
Bankrate utilizes Quadrant Information Services to analyze 2021 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits: Coverage A, Dwelling: $150,000, $250,000, $350,000, $450,000 Coverage B, Other Structures: $15,000, $25,000, $35,000, $45,000 Coverage C, Personal Property: $75,000, $125,000, $175,000, $225,000 Coverage D, Loss of Use: $30,000, $50,000, $70,000, $90,000 Coverage E, Liability: $300,000 Coverage F, Medical Payments: $1,000 The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required). Depending on your dwelling coverage limit, you may need to have a higher deductible.These are sample rates and should be used for comparative purposes only. Your quotes will differ.
Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for homeowners to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support.
To determine how well the best home insurance companies satisfy these priorities, third-party agency ratings from , , , , and Moody's had the most impact on the companies' Bankrate Scores. As price is a common consideration for homeowners, we analyzed quoted premiums based on 40-year-old male and female homeowners with a home policy with $250,000 in dwelling coverage. This profile, assessed across nearly 35,000 ZIP codes in the U.S., provided a basis on which homeowners may compare each provider.
While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer's online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.
Best home insurance companies in Georgia
If you are searching for the best Georgia home insurance companies, the following carriers might be worth considering: Home insurance company Bankrate Score Average annual premium for $250K in dwelling coverage J.D. Power score AM Beat rating 4.7 $1,932 835/1,000 A++ 4.4 $1,603 801/1,000 A++ 4.3 $929 831/1,000 A++ 4.2 $2,071 830/1,000 A+ 3.9 $1,250 829/1,000 A+ This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.Compare home insurance rates
Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More MortgageLeaving so soon Your custom quotes are just minutes away
Return to formState Farm
If you want a local agent to handle your insurance needs, State Farm could be a good choice. The company is the largest U.S. home insurer, with . State Farm policyholders can add coverage for their jewelry and collectible items, hobby equipment and even lawn decorations. However, the company has the second-highest premium of any of the Georgia home insurers we reviewed and only offers a few discounts, including home security system discounts and roofing discounts. Learn moreChubb
Chubb is a global property and casualty insurer that specializes in high-value properties and offers numerous perks and coverage options to its customers. Its basic homeowners policy includes extended replacement cost coverage for both your home and belongings, and there are included extras such as HomeScan, which analyzes your home and alerts you to leaks, missing insulation and faulty electrical connections before you need to make a claim. Chubb's average premium is higher than Georgia's average, but if you have a , the top-notch coverage could be worth it. Learn moreAuto-Owners
If you are looking for the cheapest average homeowners insurance premium, it could benefit you to get a quote from Auto-Owners, as it offers the lowest average premium in Georgia out of the companies on our list. The company's average Georgia homeowners insurance premium is $995 per year for $250,000 in dwelling coverage, which is much lower than the Georgia state average of $1,373 per year. However, Auto-Owners has more limited customer service hours compared to many larger insurers. Learn moreCountry Financial
Country Financial has a unique approach to home insurance. The company offers insurance in - basic coverage, combined coverage and premier coverage. With premier coverage, you can access unique coverage for things like paint spillage. Although its average premium is the highest on our list, Country Financial also offers several discounts that might help you save, like a wiring age discount, new roof discount, safe heat discount and multi-policy discount. Learn moreAllstate
Allstate might be a good option if you are looking for a Georgia home insurance policy that you can tailor to your specific needs. The company's list of endorsements is extensive and includes yard and garden coverage, green home reimbursement and electronic data recovery. Allstate also offers numerous discounts that might help you save, including welcome and loyalty discounts, a responsible payer discount and an early signing discount. However, the company does have a complaint index from the National Association of Insurance Commissioners (NAIC) that is . Learn moreHow much is homeowners insurance in Georgia
On average, Georgia homeowners pay $1,373 annually for homeowners insurance with $250,000 in dwelling coverage. This is slightly lower than the national annual , which is $1,383 per year.Georgia city Average annual premium for $250K dwelling coverage Atlanta $1,386 Athens $1,209 Augusta $1,413 Columbus $1,461 Jonesboro $1,374 Macon $1,379 Roswell $1,268 Sapelo Island $1,518 Savannah $1,421 Smyma $1,270 Home insurance premiums vary from state to state, including in the Southeast. For example, at an average cost of $1,648, Florida homeowners pay a couple hundred dollars more per year for the same level of coverage. Plus, home insurance rates in Alabama and Tennessee are similar to Florida's rates, making homeowners insurance in both states more expensive, on average, than Georgia. Although Georgia is near the coast, it does sit slightly inland, which may offer some protection from storms and account for Georgia's lower average premiums.
Home insurance in Georgia
Although Georgia experiences fewer high-strength hurricanes than Florida, the state still experiences the risk of storm damage from hurricanes, tornadoes and heavy rains. The average cost of insurance is also intertwined with economic elements such as the average cost of living in the state, property taxes and income taxes.Home insurance risk factors in Georgia
Because every state has different risks, there are different geological considerations when it comes to home insurance. To best protect your finances, it helps to understand the common causes of home damage in Georgia, as well as what insurance options are available to cover these causes of loss.Common causes of loss in Georgia
With awareness about which threats are the most common in Georgia, you can make strategic choices about which types of coverage to get. Hurricane damage is one of the most prevalent risks in the Peach State. Although August 2021’s Hurricane Ida spared the state a direct hit, were impacted by the remnants of the storm. In 1994, dumped over 25 inches of rain in less than 24 hours on parts of the state, killing 34 people and displacing over 50,000 more. In Georgia, you can expect above-average exposure to: Flooding: Many areas of Georgia are at a high risk for flood damage, with the average National Flood Insurance Program (NFIP) claim payout at . Because flooding is not covered by home insurance (flood coverage requires a separate policy), the risk of floods in the state should not affect the price you pay for home insurance, but may still be a consideration for what kinds and amounts of coverage you purchase. Hurricanes: Georgia’s coastal position comes with the risk of hurricane damage, which can be widespread and devastating. Tornadoes: Although Georgia is not in Tornado Alley, it is prone to Although most tornado damage comes from high winds, hail is also common with these convective storms. Now that you are aware of the common causes of home damage in Georgia, you can choose coverage to protect your property from these potential hazards more wisely.Home insurance coverage options in Georgia
In addition to standard homeowners insurance coverage types like dwelling coverage, liability, personal property and loss of use, you may want to consider additional coverage to protect yourself against Georgia’s common causes of loss: Flood insurance: Flood damage is not typically covered under a homeowners insurance policy. While the coverage is helpful to add to your policy, you will likely be required to purchase a separate from either NFIP or a private flood insurer if your home is in a high-risk flood zone. Some home insurers offer endorsements for flood coverage. Windstorm coverage: Most policies cover automatically, but if you are in a high-risk area, you may need a separate policy or endorsement. Even if your homeowners insurance policy does cover wind damage, you may have a separate wind deductible for named tropical cyclones. Roof replacement cost: If your roof is newer or in good condition, you may qualify for . If your roof is damaged, you will get the full replacement cost for repairs or a new roof, rather than seeing depreciation taken out of your settlement. Because Georgia has a relatively high risk for storm-related damage, working with a licensed insurance agent to choose endorsements could be beneficial.Frequently asked questions
The in Georgia will depend on your specific needs and preferences. Are you looking for the cheapest provider available? If so, you may want to get quotes from Auto-Owners, which has the lowest average premium in Georgia of the providers on our list. However, keep in mind that your individual rate will depend on your personal characteristics such as claim history and coverage types chosen. Do you care most about customer satisfaction? If so, you may want to get quotes from companies that received the highest scores in J.D. Power's 2021 U.S. Home Insurance Study, like State Farm and Allstate.
In addition to speaking with an independent insurance agent about your preferences, talking with family and friends about their experiences with their home insurance providers may also be helpful.