- Georgia Homeowners Insurance- Most common Causes for Loss and claims
- Rating factors for Georgia Homeowners Insurance
- Georgia Homeowners Insurance: Coverage Options
- Georgia Homeowners Insurance: Which companies offer it?
- Georgia Homeowners Insurance: Laws You Need to Know
- Georgia Homeowners Insurance: Which Company Has the Best Rates?
- Homeowners Insurance In Georgia: Average Cost by City
- Georgia Homeowners Insurance: Who has the Cheapest Rates? (by City)
- Georgia Homeowners Insurance: Bundling Options
- Homeowners Insurance for Georgia: Explanation of Coverages
- Frequently Asked Questions about Georgia Homeowners Insurance
- What does Georgia Homeowners Insurance cover?
- How can I find the best rates for Homeowners Insurance in Georgia?
- For personalized Homeowners Insurance advice in Georgia, call A Plus Insurance at 1.888.445.2793.
- What We Do at A Plus Insurance
Georgia Homeowners Insurance- Most common Causes for Loss and claims
You will notice a natural disaster theme in the chart below.
Statistics show that 98.1% of losses and homeowners claims are due to property damage, with wind and hail damage making up a big chunk.
Homeowners insurance is a necessity for ensuring that your significant investment is covered if unexpected disasters strike. Without it, you are risking all the time and money you have invested in making your home safe not to mention belongings inside. Make sure to always check on what’s required for your insurance before deciding which company to work with. While Georgia doesn’t experience floods or tornadoes on the same level as other states, claims still occur more than ten times each year!
But don’t rule out the small percentage of homeowners losses due to theft…it still happens!
| Georgia Homeowners Insurance Common Causes for Claims |
|---|
| Lightning |
| Fire |
| Vandalism |
| Hail |
| Wind |
| Power surge |
| Injuries |
| Other Weather related |
| Water Damage |
| Loss of Use |
Rating factors for Georgia Homeowners Insurance
Here are some factors that are considered when you are setting up your homeowners insurance for your home owners insurance in Georgia.
Protecting your home is an important investment that ensures you have a place to live. Homeowners insurance in Georgia helps to protect your home and its contents by covering losses like fire, theft or vandalism.
A number of factors go into the cost of homeowners insurance policy (including the type of house, deductible) but it pays for itself if you ever experience any damage. Safeguard your health and well-being with this popular purchase!
| Georgia Homeowners Insurance Rating Factors |
|---|
| Protection Class Proximity to fire station |
| Dog breed |
| Roof condition |
| Home liability limits |
| Credit history |
| Age of Home |
| Insurance score |
| Deductible |
| Swimming pool or hot tub |
| Value of home Replacement cost |
| Wood-burning stoves |
| Upgrades to Wiring plumbing |
| Location |
Georgia Homeowners Insurance: Coverage Options
Most standard homeowners insurance policies in Georgia offer coverage to repair or replace your home and property after it’s been damaged by a fire, storm, or other weather events. They also cover losses from burglary, vandalism, or sudden events like a tree falling on your roof.
Most homeowners insurance policies provide a minimum of $100,000 worth of liability insurance, but higher amounts are available and, increasingly, it is recommended that homeowners consider purchasing at least $300,000 to $500,000 worth of liability coverage.
Homeowners insurance is not just for people with mortgages, it can also provide peace of mind to tenants who are worried that their landlord will resist helping repair any damages. Some policies cover damage caused by animals or relatives living at home without your consent. You have the option of choosing whether the policy covers personal property, liability coverage, flood zone protection, earthquake coverage and other extras too.
Georgia Homeowners Insurance: Which companies offer it?
Here is a list of the companies in Georgia that offer Home Insurance for your home. We offer some of the best companies nationwide.
Homeowners insurance policies are not one-size-fit-all.
Homeowners in the northern United States may be different than those living in southern states like Georgia, Florida or Mississippi. Your family’s needs and financial situation will greatly influence your choice of Homeowners policy; who you buy it from; what deductibles to select; whether or not to purchase other coverages (like car insurance); and how much you’ll pay each month. You can compare rates online.
| Insurance Company | Homeowners Offered? |
|---|---|
| Farmers Insurance | yes |
| Hartford | yes |
| Auto-Owners | yes |
| Nationwide | yes |
| American Family | yes |
| Chubb | yes |
| Allstate Corp. | yes |
| Travelers | yes |
| USAA | yes |
| American International | yes |
| MetLife Inc. | yes |
| Liberty Mutual | yes |
| Progressive | yes |
| State Farm | yes |
Georgia Homeowners Insurance: Laws You Need to Know
Here is an excellent resource to laws that pertain to Georgia homeowners insurance: Georgia HOA Laws and Resources resource page.
Just as homeownership can build equity, so too can it create liabilities. The right homeowner’s insurance policy should be able to meet those challenges and provide purchasers with relief from financial liability should a catastrophe occur.
At A Plus Insurance, our agents are committed to providing you with all of the guidance and education that you need when buying homeowner’s coverage-no matter what your budget may be.
Georgia Homeowners Insurance: Which Company Has the Best Rates?
Below is a list by ranking of the companies that offer the lowest rates for home owners insurance in Georgia.
| Homeowners Insurance Company | Ranking From Best to Worst in Affordability |
|---|---|
| Liberty Mutual | 1 |
| Chubb | 2 |
| Farmers Insurance | 3 |
| Travelers | 4 |
| Hartford | 5 |
| Auto-Owners | 6 |
| USAA | 7 |
| American Family | 8 |
| American International | 9 |
Homeowners Insurance In Georgia: Average Cost by City
- The city or county in which the home is located plays a significant role in determining insurance premiums. Factors such as the risk of natural disasters (e.g., hurricanes, tornadoes, floods), crime rates, and proximity to fire stations can influence insurance costs. For example, homes located in coastal areas may have higher premiums due to increased risk of hurricane damage.
- Home Characteristics: The age, size, construction materials, and condition of the home can affect insurance premiums. Newer homes with updated electrical, plumbing, and roofing systems may qualify for lower rates compared to older homes with outdated systems.
- Coverage Limits: The amount of coverage selected for the dwelling, other structures on the property (e.g., detached garage), personal property, and liability coverage can impact premiums. Higher coverage limits typically result in higher premiums.
- Deductible: The deductible is the amount you’re responsible for paying out of pocket before your insurance coverage kicks in. Choosing a higher deductible can lower your premiums, but it also means you’ll pay more in the event of a claim.
- Claims History: A homeowner’s claims history can influence insurance premiums. Homes with a history of frequent claims may be perceived as higher risk and therefore have higher premiums.
- Credit Score: In many states, including Georgia, insurance companies may use credit-based insurance scores to help determine premiums. Insurers believe there is a correlation between credit history and the likelihood of filing a claim.
- Discounts: Insurance companies often offer discounts for various factors such as having security systems, smoke detectors, fire extinguishers, or bundling home and auto policies with the same insurer.
Here you will find what the average cost of homeowners insurance is based on the city your home is in.
| Area/City | Average Cost $250,000 Home |
|---|---|
| Suwanee | $1,318.00 |
| Dalton | $1,190.00 |
| Statesboro | $1,280.00 |
| Tucker | $1,303.00 |
| Perry | $1,110.00 |
| North Decatur | $1,373.00 |
| Dublin | $1,130.00 |
| Calhoun | $1,160.00 |
| Douglasville | $1,168.00 |
| Gainesville | $1,235.00 |
| Marietta | $1,400.00 |
| Chamblee | $1,316.00 |
| Wilmington Island | $1,406.00 |
| North Druid Hills | $1,137.00 |
| Rome | $1,211.00 |
| Warner Robins | $1,306.00 |
| Cartersville | $1,369.00 |
| Stonecrest | $1,364.00 |
| Brookhaven | $1,384.00 |
| Milton | $1,184.00 |
| Martinez | $1,123.00 |
| Brunswick | $1,226.00 |
| Peachtree Corners | $1,252.00 |
| Columbus | $1,110.00 |
| Buford | $1,206.00 |
| Macon-Bibb County | $1,319.00 |
| South Fulton | $1,265.00 |
| Savannah | $1,363.00 |
| Lawrenceville | $1,137.00 |
| Kennesaw | $1,146.00 |
| Americus | $1,136.00 |
| Newnan | $1,287.00 |
| Conyers | $1,278.00 |
| Snellville | $1,308.00 |
| East Point | $1,120.00 |
| Augusta-Richmond County | $1,419.00 |
| Tifton | $1,286.00 |
| Sugar Hill | $1,295.00 |
| Duluth | $1,211.00 |
| Norcross | $1,222.00 |
| Alpharetta | $1,142.00 |
| Woodstock | $1,109.00 |
| Sandy Springs | $1,144.00 |
| Milledgeville | $1,173.00 |
| Peachtree City | $1,319.00 |
| Atlanta | $1,114.00 |
| Smyrna | $1,171.00 |
| Winder | $1,313.00 |
| Acworth | $1,392.00 |
| Johns Creek | $1,268.00 |
| McDonough | $1,220.00 |
| Dunwoody | $1,414.00 |
| Union City | $1,291.00 |
| Roswell | $1,155.00 |
| Kingsland | $1,175.00 |
| Evans | $1,340.00 |
| Fayetteville | $1,134.00 |
| Carrollton | $1,240.00 |
| Mableton | $1,250.00 |
| Thomasville | $1,334.00 |
| Griffin | $1,130.00 |
| Stockbridge | $1,307.00 |
| Valdosta | $1,415.00 |
Georgia Homeowners Insurance: Who has the Cheapest Rates? (by City)
Need to know who has the best prices in homeowners insurance? Below you will find which companies have the best rates by the city your home is in.
Homeowners insurance is the one thing you need to protect your home and other possessions. But who should you get it from? There are lots of options out there. Shopping for insurance through a variety of carriers provides competitive rates with comprehensive coverage so that you can feel confident about keeping your family safe and sound.
| City in Georgia | Homeowners Insurance Company |
|---|---|
| Brunswick | NationWide |
| Conyers | Progressive |
| Warner Robins | Travelers |
| Thomasville | Chub |
| South Fulton | NationWide |
| Chamblee | Progressive (ASI) |
| Peachtree Corners | NationWide |
| East Point | Chub |
| Martinez | Progressive |
| Atlanta | Travelers |
| Duluth | Liberty Mutual |
| Canton | Liberty Mutual |
| Sandy Springs | Travelers |
| Newnan | Travelers |
| Americus | Chub |
| Carrollton | Travelers |
| North Druid Hills | Allstate |
| Candler-McAfee | Progressive |
| McDonough | American Family |
| Lithia Springs | Allstate |
| Hinesville | Farmers |
| Augusta-Richmond County | Liberty Mutual |
| Stockbridge | Liberty Mutual |
| Evans | Progressive |
| Woodstock | Farmers |
| Suwanee | American Family |
| Rome | Liberty Mutual |
| Decatur | Liberty Mutual |
| Marietta | Allstate |
| Gainesville | Travelers |
| St. Marys | NationWide |
| Forest Park | USAA |
| Dublin | Travelers |
| Tifton | Liberty Mutual |
| Acworth | Chub |
| Brookhaven | USAA |
| Columbus | State Farm |
| Valdosta | Progressive (ASI) |
| Wilmington Island | Farmers |
| Johns Creek | American Family |
| Kingsland | Travelers |
| Snellville | State Farm |
| Buford | State Farm |
| Dunwoody | Liberty Mutual |
| Stonecrest | State Farm |
| Peachtree City | American Family |
| Macon-Bibb County | American Family |
| Milledgeville | USAA |
| Mableton | Allstate |
| Griffin | Amica |
Georgia Homeowners Insurance: Bundling Options
Bundling some of your other vehicles and insurances is a great way to save money. Having everything under one roof with one premium is a great way to take care all of your insurance needs.
Have you ever wished you could save time and get excellent coverage at the same time? You can! Whether or not your primary home is located in Georgia, we offer a no hassle bundling options. Bundle and save with top insurance providers.
| Bundling with Georgia Homeowners Insurance |
|---|
| Boat |
| Umbrella |
| ATV |
| Motorcycle |
| Health |
| Business |
| Auto |
| Life |
| RV |
Homeowners Insurance for Georgia: Explanation of Coverages
Homeowners insurance covers replacing your home and personal items up to certain limits, depending on your policy. While most disasters are covered, earthquakes and flooding is not. Additionally, insurance policies do not cover the normal aging of your house.
In your policy, there are several coverage types identified:
- Coverage A – Dwelling — Pays for damage or destruction to your house and attached structures and buildings. Examples include fences, attached garage, or patio cover.
- Coverage B – Other structures such as a garage, deck or swimming pool, guest house, gazebos, etc.
- Coverage C – Personal Property — Covers the contents of your house, including furniture, clothing and appliances, if they are stolen, damaged, or destroyed.
- Coverage D – Loss of Use — Pays for additional living expenses if your home is uninhabitable due to a covered loss. Most standard Florida Homeowners Insurance policies pay 10% to 20% of the amount of your Dwelling coverage
- Coverage E – Liability — Protects you against financial loss if you are sued and found legally responsible for someone else’s injury or property damage
- Coverage F – Medical Payments — Covers medical bills for person(s) injured on your property.
Frequently Asked Questions about Georgia Homeowners Insurance
What does Georgia Homeowners Insurance cover?
Georgia Homeowners Insurance typically covers the structure of your home, personal belongings, liability protection, and additional living expenses in case of a covered loss. It’s important to review your policy to understand the specific coverages.
How can I find the best rates for Homeowners Insurance in Georgia?
A Plus Insurance can help you find the best rates for Homeowners Insurance in Georgia. We shop multiple carriers to provide you with options tailored to your needs. Contact us for a personalized quote.
For personalized Homeowners Insurance advice in Georgia, call A Plus Insurance at 1.888.445.2793.
Have specific questions or need assistance in choosing the right Homeowners Insurance coverage? Call A Plus Insurance at 1.888.445.2793 for personalized guidance and expert advice.
For personalized assistance, call us at 1.888.445.2793.
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Last Updated on by Marlon Moss