Annual homeowners insurance premiums in Georgia are nowhere near as high as those in Florida, its neighbor to the south. At $1,103 per year, Georgia’s average annual premiums are slightly lower than the national average, according to Insurance.com.
However, certain areas of the Peach State experience more turbulent weather than others. Coastal cities such as Savannah encounter plenty of flooding, while those farther inland experience windstorms and occasional wildfires, all of which pose risks to homeowners.
Shopping around to make sure you’re receiving the best price for your homeowners insurance coverage is imperative. To assist with the process, we’ve outlined our top picks for Georgia homeowners insurance providers and included an online quote tool so you can get an accurate estimate for a policy tailored to meet your needs.
Our Top Picks for Best Homeowners Insurance in Georgia
- USAA
- Nationwide
- State Farm
- Ameriprise Financial
USAA
USAA (United Services Automobile Association) was founded by 25 Army officers in 1922 to insure their vehicles. Today, having grown into a national financial services giant, the company continues to uphold its founding values of service, loyalty, honesty and integrity. It provides quality, affordable insurance coverage for active duty personnel, veterans and their families. With numerous military bases in the state, it’s no surprise that USAA is a very popular option for Georgia homeowners insurance.
Having a membership with USAA grants you access to myriad free financial resources, discount opportunities and quality customer care. The membership also comes with some sizable benefits, such as no ATM fees, a free checking account with no monthly fees, low loan rates and affordable, comprehensive homeowners insurance coverage. The company offers military uniform protection, too, if you are deployed or on active duty. This coverage reimburses you with no deductible if your uniform is damaged or stolen in an event covered by your policy.
A standard policy from USAA comes with full replacement cost coverage, a feature that is relatively rare among competitors. If your home is destroyed or seriously damaged, USAA will assist in rebuilding and replacing your personal property. The company provides up to 75 percent of the insured value of your home to replace your belongings. Your USAA policy also automatically includes up to $5,000 in identity theft and fraud coverage, a feature that is becoming increasingly important. You can use its mobile app to get proof of insurance, send money, deposit checks and pay bills.
Nationwide
Nationwide provides Georgia homeowners with affordable homeowners insurance and a wide range of add-on coverage options. Nationwide’s unique Brand New Belongings coverage, for example, replaces your damaged or destroyed items with brand-new versions. Its Better Roof Replacement allows you to rebuild your roof with safer, more durable roofing materials after a covered loss. Valuables Plus is another nice feature offered by Nationwide. This gives you additional coverage for jewelry, artwork, and antiques if they are damaged or stolen.
Nationwide also helps you save by extending a host of discounts. Customers can receive up to 30 percent off based on the age of their home, 20 percent for bundling policies, 15 percent for installing security devices, 5 percent for being married or widowed, and more.
New Nationwide customers should take advantage of the company’s free On Your Side review. This insurance consultation and assessment can help you better understand the claims process and manage your deductible. The consultation will walk you through the specifics of your policy and make any adjustments necessary to match the needs of your budget and living situation.
Nationwide offers law insurance and ordinance insurance, which cover the cost of rebuilding your house so that it meets current building codes.
State Farm
State Farm is the largest provider of homeowners insurance in the country and is a popular choice for Georgia residents. Whether you live in a high-rise in Atlanta or a ranch in Chatham, State Farm has affordable coverage options available. The company’s extensive network of local agents and representatives is available 24/7 online or by phone in the event of a disaster.
State Farm also offers high-quality claims management tools to help ease the process. The Home Inventory Checklist tool helps you keep a current record online of all your covered items, their condition and worth. Taking inventory can save you a great deal of time and money. It can also give you a better idea of how much homeowners insurance coverage you need and ensure that you purchase a level of protection you feel comfortable with, without paying for extraneous coverage.
Another unique feature State Farm offers is the Premier Service Program, which connects you to reputable contractors in your area who can make any immediate repairs necessary to make your home livable again.
State Farm has a Pocket Agent mobile app that lets you view your policy online, get a quote, check your claim status and submit a claim.
Ameriprise Financial
Ameriprise Financial is backed by an A (excellent) financial strength rating from A.M. Best. The company offers some of the lowest rates for Georgia homeowners insurance. Ameriprise takes you through the process of selecting coverage limits for your dwelling and personal belongings based on the replacement cost of your home to make sure that you do not overpay. Each Ameriprise policy also automatically includes up to $5,000 in identity theft and credit card fraud coverage. You’ll also get lock replacement coverage, up to $100, if your home has been broken into. There is an interesting perk called food spoilage protection, as well, which gives you up to $500 if a power outage spoils your food.
Ameriprise can help you save on your policy by offering multiple premium discount opportunities. Owning a new or recently renovated home, maintaining a claim-free history, installing safety features such as a smoke alarm or sprinkler system, and bundling your home and auto insurance policies can all significantly lower your annual payments. Further price breaks are extended to longstanding Ameriprise policyholders and retirees over the age of 55.
Ameriprise offers flexible payment options and plans to its customers, so you can choose when to pay and break up your premium costs according to your budget. If you choose to pay monthly installments instead of the entire annual premium, Ameriprise divides your policy into 11 monthly payments instead of 12, so you can plan for a payment-free month. This feature comes in handy around holidays when expenses rise.
How much is homeowners insurance in Georgia?
Georgia’s state average insurance premium is $1,103, which is 10 percent less than the national average of $1,228. Of course, this rate varies depending on the city you live in.
Georgia Rate Factors
Georgia is prone to hurricanes, severe storms and tornadoes. Western Georgia suffered damage from the devastating Hurricane Katrina in August 2005. Metro Atlanta suffered intense flooding in 2009. The north and central parts of Georgia are prone to winter storms.
The 4 Best Georgia Homeowners Insurance Companies
- USAA
- Nationwide
- State Farm
- Ameriprise Financial
For more information about home insurance, take a look at our Guide to Homeowners Insurance. Not a homeowner? Check out our picks for best renters insurance.
