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Best homeowners insurance companies in Georgia for 2024
Powered by Coverage.com (NPN: 19966249)
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. 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.
Compare the best homeowners insurance companies in Georgia
According to average rates provided by Quadrant Information Services, along with third-party scores issued in the 2023 J.D. Power U.S. Home Insurance Study and financial strength ratings from AM Best, Bankrate’s insurance editorial team narrowed down Auto-Owners, Chubb, Allstate, State Farm and Country Financial as the best homeowners insurance companies in Georgia.
To find the best company for your needs, you'll want to compare quotes from several insurers for your chosen coverage types. When comparing companies, it may help to narrow down your priorities. These may include low rates, good customer service, unique discounts or a specific endorsement.
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4.6
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$117
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$1,399
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4.3
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$228
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$2,730
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4.2
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$114
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$1,364
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4.2
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$205
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$2,458
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3.9
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N/A
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N/A
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Powered by Coverage.com (NPN: 19966249)
Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in states where it is licensed. 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.
Bankrate's trusted insurance industry expertise
Read our full methodologyThe home insurance market can be complicated, but Bankrate's insurance editorial team used our unique perspective to bring readers information they need to make educated decisions when shopping for home insurance.
46
years of industry expertise
122
carriers reviewed
34.5K
ZIP codes examined
1.2M
quotes analyzed
The top 5 home insurance companies in Georgia
Best for cheap rates
4.6
4.6
Avg. premium for $300K dwelling
$117/mo
Avg. premium for $300K dwelling
$1,399/yr
Customer satisfaction
834/1,000
-
Why Auto-Owners made our list: Auto-Owners offers generally cheap Georgia homeowners insurance rates without sacrificing coverage options. Georgia homeowners who want to bolster their policy with coverage add-ons like equipment breakdown and cyber protection may want to consider an Auto-Owners policy. Auto-Owners will even provide an extra 25 percent on top of your coverage limit if your current policy isn’t enough to repair or rebuild your home, as long as you carry its increased cost endorsement.
Who Auto-Owners may be good for: Since Auto-Owners offers some of the lowest premiums of all the home insurance companies in Georgia we evaluated, it could be a great choice for homeowners on a budget who want robust coverage options.
Best for high-value homes
4.3
4.3
Avg. premium for $300K dwelling
$228/mo
Avg. premium for $300K dwelling
$2,730/yr
Customer satisfaction
801/1,000
-
Why Chubb made our list: Chubb is known for providing robust coverage tailored specifically for high-value or luxury homes, which is why we named it the Best Home Insurance Company for High-Value Homes in the 2024 Bankrate Awards. Its basic homeowners policy includes extended replacement cost coverage for both your home and belongings, along with tree removal, electronic data restoration and lock replacement at no additional charge. Additionally, Georgia homeowners who own multiple properties may be interested in Chubb’s Property Manager Service. This program can offer additional assistance if a policyholder’s secondary home is impacted by a natural disaster such as a hurricane.
Who Chubb may be good for: Georgia homeowners who own high-value homes may find their needs met through Chubb, especially if they don’t mind paying extra for top-notch service and broad coverage options.
Best for personalized coverage options
4.2
4.2
Avg. premium for $300K dwelling
$114/mo
Avg. premium for $300K dwelling
$1,364/yr
Customer satisfaction
809/1,000
-
Why Allstate made our list: Out of the Georgia homeowners insurance companies we analyzed, Allstate offers one of the longest lists of homeowners endorsements. Georgians who’ve upgraded to energy-efficient items may want to explore Allstate’s green improvement reimbursement endorsement, which can provide extra coverage in certain circumstances. Georgians participating in home sharing may also be interested in Allstate’s HostAdvantage, which can help homeowners financially protect themselves against theft and damage resulting from short-term tenants. Allstate’s varied coverage options helped the company tie for Best Home Insurance Company Overall in the 2024 Bankrate Awards.
Who Allstate may be good for: Allstate could be a great option for homeowners in Georgia looking for a wide range of coverage options that they might not find with other companies.
Best for digital tools
4.2
4.2
Avg. premium for $300K dwelling
$205/mo
Avg. premium for $300K dwelling
$2,458/yr
Customer satisfaction
829/1,000
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Why State Farm made our list: Perhaps best known for its neighborhood agencies, State Farm also offers highly-rated digital tools for hands-on policy management. State Farm ranked above average for service in the J.D. Power 2024 U.S. Insurance Digital Experience Study, and the company’s mobile app has an impressive 4.8 out of 5 rating on the App Store and 4.6 out of 5 rating per Google Play. Eligible homeowners may also qualify for a high-tech monitoring device from Ting that scans their home for electrical system issues, which could prevent fires.
Who State Farm may be good for: State Farm could be best for tech-savvy Georgia homeowners willing to pay higher-than-average rates for digital tools and excellent customer service.
Best for top-notch customer service
3.9
3.9
Avg. premium for $300K dwelling
Not available
Avg. premium for $300K dwelling
Not available
Customer satisfaction
819/1,000
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Why Country Financial made our list: Country Financial has an average score per J.D. Power’s home insurance study and a much lower-than-baseline NAIC Complaint Index. The company offers insurance in three tiers — basic coverage, combined coverage and premier coverage. With premier coverage, you can access unique coverage for events like paint spillage. These convenient packages might make it easier for homeowners to choose coverage options that fit their needs and budget.
Who Country Financial may be good for: Country Financial may be best for first-time homebuyers due to its prepackaged policy options.
Additional Georgia home insurance companies to consider
Travelers
Homeowners who value straightforward coverage
Travelers stands out for its long list of endorsements, including jewelry and valuables coverage, water backup, identity fraud and green home coverage. The carrier has fairly unique discounts, including potential savings for green homes, but it scored well below average in J.D. Power's 2023 Home Insurance Study.
USAA
Homeowners seeking military-focused coverage
For military members, veterans and their eligible families, USAA is known for low rates, outstanding customer service and extensive endorsement options. Home coverage from USAA automatically comes with replacement cost and coverage for damage to military uniforms occurring when policyholders are on active or reserve duty.
Cheapest home insurance companies in Georgia
For many policyholders, cost is the driving factor when deciding on home insurance. Depending on the age of your home, square footage, prior loss history and many other factors, your premium may be more or less than the average Georgia premium. Comparing rates, coverage types and discounts may help you secure the best policy with the lowest price. Below are the cheapest home insurance companies in Georgia, according to Bankrate’s analysis of average rate data from Quadrant Information Services.
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$93
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$1,116
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- $955 |
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$114
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$1,364
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- $707 |
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$117
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$1,399
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- $672 |
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$121
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$1,453
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- $618 |
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$129
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$1,544
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- $527 |
How to get cheap Georgia home insurance
Finding the best homeowners insurance in Georgia is an important step in financially protecting your home, which could be your most significant investment during your lifetime. Whether it's your first Georgia homeowners insurance policy or your 10th, finding the coverage that fits your needs as well as your budget can be challenging. However, following the steps below might keep you on track:
- Evaluate your needs: Knowing how much coverage you need can help ensure you have adequate financial protection while preventing you from overinsuring or purchasing higher coverage limits than you need. Consulting with a licensed insurance agent could help you tailor a coverage package that makes the most sense for you and your home.
- Compare quotes: Every company has its own unique underwriting guidelines and places different weights on various rating factors. Comparing quotes from multiple companies in Georgia will help you narrow down the ones that are the most competitive. When shopping around, you want to be sure that you’re requesting the same (or similar) coverage limits and options from carrier to carrier.
- Take advantage of discounts: When requesting home insurance quotes in Georgia, it's a good idea to make sure that you’re taking advantage of every discount you may be eligible for. This is especially important when completing online quotes, as some applications may make you manually select certain discounts to apply them.
- Maintain your property: Although some of Georgia is inland, much of the state is susceptible to wind and hurricane damage. Because newer roofs are less likely to be damaged in a severe storm, home insurance companies may offer lower rates to those with new roofs. Some companies even provide roof-specific discounts.
- Raise your deductible: While not ideal, raising your deductible can help lower your homeowners insurance premium. If you go this route, many insurance professionals would advise you to select an amount you would feel comfortable paying out of pocket in an emergency. The focus of insurance is to lower your financial risk. If you choose a deductible that would cause you hardship, then that may defeat the purpose.
Best home insurance discounts in Georgia
Georgia homeowners insurance tends to be cheaper than the national average, but taking advantage of discounts could help you save even more. Discounts may vary from company to company, but when you’re requesting quotes, you may want to keep an eye out for some of the more common homeowners insurance discounts, including:
How to save on home insurance policy renewals in Georgia
Once you have a home insurance policy, there are several ways to actively mitigate your risk as a homeowner that may also help you lower or stabilize your home insurance premium.
- Maintain your roof: New roofs may qualify your home insurance policy for a discount, but as it ages, the discount depreciates. Insurance companies can non-renew policyholders whose roofs are in rough shape even if no claim was made. Keeping up with annual roof inspections and cleaning out gutters can prevent a small problem from becoming bigger and keep your home in insurable condition.
- Install wind and flood mitigation measures: Georgia experiences more than its fair share of high winds, and flood risks are increasing in coastal areas like Savannah. Investing in hurricane shutters, roof clips and maintaining the ground around your home to prevent flooding may help you earn wind mitigation discounts and protect your home when a weather event occurs.
- Make environmentally sound choices: Several insurance companies are starting to offer green discounts to homeowners who make energy-efficient updates to their homes. You will want to check with your insurance agent before committing to an expensive update, but you might be simultaneously helping your budget and the earth.
- Maintain good credit: Georgia insurers are allowed to use your credit-based insurance score as a rating factor for home insurance at the time a new policy is issued. However, if you make home improvements, your credit could be rerun when your agent adjusts your policy.
How much is home insurance in Georgia?
On average, Georgia homeowners pay $2,071 annually for homeowners insurance with $300,000 in dwelling coverage. This is slightly lower than the national annual average cost of homeowners insurance, which is $2,285 per year. Home insurance premiums vary from state to state, including in the Southeast. For example, at an average cost of $5,527, Florida homeowners pay more per year for the same level of coverage. Alabama and Tennessee are also more expensive than Georgia, with average rates of $2,745 and $2,312, respectively.
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$963
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$1,364
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$1,507
|
$1,782
|
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$1,534
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$2,730
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$3,089
|
$3,759
|
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$1,014
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$1,399
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$1,556
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$1,867
|
|
$1,584
|
$2,458
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$2,729
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$3,370
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N/A
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N/A
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N/A
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N/A
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Georgia homeowners insurance rates by city
Even within the same state, home insurance costs vary by city. Proximity to fire stations, crime rates, cost of labor and more all impact your premium. Below are the most expensive and least expensive Georgia cities in terms of average home insurance rates.
- Murrayville: $1,731 per year — 16 percent below state average
- Gillsville: $1,741 per year — 16 percent below state average
- Lula: $1,744 per year — 16 percent below state average
- Nicholson: $1,744 per year — 16 percent below state average
- Winterville: $1,746 per year — 16 percent below state average
- Saint Simons Island: $3,874 per year — 87 percent above state average
- Sea Island: $3,863 per year — 86 percent above state average
- Tybee Island: $3,859 per year — 86 percent above state average
- Jekyll Island: $3,686 per year — 78 percent above state average
- Crescent: $3,658 per year — 77 percent above state average
*Rates are for $300,000 in dwelling coverage.
What does home insurance cover in Georgia?
The most common type of home insurance policy is an HO-3. It is written on an open perils basis for dwelling and other structures coverage and a named perils basis for your personal property. This simply means that your dwelling and other structures are covered from all perils except for what is excluded from the policy. In contrast, your personal property is only covered from the perils named in your policy contract. Understanding what perils your home insurance policy covers allows you to search for potential insurance gaps.
- Wind and hail: HO-3 policies cover wind, hail and falling objects. States prone to high wind may have windstorm coverage excluded, and homeowners must purchase an endorsement or standalone policy to acquire the coverage. Depending on your location in Georgia, you may have a separate windstorm deductible for named tropical cyclones that is percentage-based and separate from the standard homeowners insurance deductible.
- Fire and lightning: Losses due to fire accounted for almost 22 percent of home claims in 2022 and are standard coverage in home policies.
- Water damage and freezing: While flooding is excluded from home insurance, water damage from sudden plumbing issues like a frozen pipe bursting or appliance overflows is usually covered. Whether water damage is covered or not depends on your policy endorsements, provider and the source of the damage.
- Theft and vandalism: While theft and vandalism aren’t naturally occurring perils, the hazard of theft and vandalism increases in more populated areas, impacting home insurance rates. Coverage for both is standard, and installing home security may earn you a discount on your premium.
Additional home insurance coverage types in Georgia
Hurricane damage is one of the most significant risks in the Peach State. In 1994, Tropical Storm Alberto dumped over 25 inches of rain in less than 24 hours on parts of the state, displacing more than 50,000 people. More recently, parts of Georgia experienced up to eight inches of rain as Hurricane Idalia made landfall in August 2023.
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: Many areas of Georgia are at risk of flood damage, with the average National Flood Insurance Program (NFIP) claim payout at $52,000 per claim. Because flooding from storm surges is not covered by home insurance, you may want to consider purchasing a flood policy in conjunction with your homeowners policy. Additionally, you will likely be required to purchase a separate flood insurance policy if your home is deemed risky by the NFIP or a private flood insurer. Some home insurers offer endorsements for flood coverage.
- Windstorm coverage: Georgia’s coastal position comes with the risk of hurricane damage, which can be widespread and devastating. Most policies cover wind damage 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: Although Georgia is not in Tornado Alley, it is prone to significant tornadic activity. And while most tornado damage comes from high winds, hail is also common with these convective storms. If your roof is newer or in good condition, you may qualify for roof replacement cost coverage. If your roof is damaged, you could 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.
Related content:
News
According to the First Street Foundation, a nonprofit organization focused on climate risk research and information, 406,440 properties in Georgia have a greater than 26 percent chance of experiencing a severe flood within the next 30 years due to climate change. Additionally, 84 percent of properties in Georgia may be affected by wildfires and 61 percent by wind in the next 30 years.
Homeowners may want to consider reviewing how climate risk and extreme weather may impact their homes. Reviewing your home's risk exposure may prompt you to adjust your coverage accordingly. According to First Street, residents living in the following Georgia cities may be impacted more than others by climate change:
- Atlanta
- Savannah
- Augusta-Richmond
- Columbus
- St. Simons Island
Frequently asked questions
Methodology
Bankrate utilizes Quadrant Information Services to analyze October 2024 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates for our base profile are based on the following characteristics and coverage levels:
Dwelling coverage
$300,000Other structures coverage
$30,000Personal property coverage
$150,000Loss of use coverage
$60,000Liability coverage
$500,000Medical payment coverage
$1,000The homeowners also have a $1,000 deductible, a $500 hail deductible and a 2 percent hurricane deductible (or the next closest deductible amounts that are available) where separate deductibles apply.
These are sample rates and should be used for comparative purposes only. Your quotes will differ.
Additional profiles:
- Coverage A, Dwelling: $150,000, $350,000, $450,000
- Coverage B, Other Structures: $15,000, $35,000, $45,000
- Coverage C, Personal Property: $75,000, $175,000, $225,000
- Coverage D, Loss of Use: $30,000, $70,000, $90,000
- Coverage E, Liability: $500,000
- Coverage F, Medical Payments: $1,000
Bankrate Scores
Our Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories.
Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.
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Cost & ratings 50%
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Coverage & savings 30%
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Support 20%
- Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, average quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the NAIC, were analyzed.
- Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
- Tier 3 (Support): To encompass the many ways a home insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored a company’s corporate sustainability efforts.
Tier scores are unweighted to show the company's true score in each category out of a possible five points.