The Best Cheap Home Insurance in Georgia for 2022

Farmers is the best and cheapest company in Georgia, with a 4-star rating and an average rate of $1,295 per year.
May 3, 2022

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Homeowners in Georgia can expect to pay a bit more than the national average for their home insurance. The average cost of homeowners insurance in Georgia is $1,980 per year, which is about 10% more than the national annual average of $1,784.

To determine the best and cheapest homeowners insurance in Georgia, NerdWallet analyzed policy rates from 18 different insurers for a home built in 1997 with $300,000 in dwelling coverage and a $1,000 deductible. These rates are estimates and depend on several factors, so yours may be different.

Why you can trust NerdWallet

Our writers and editors follow strict editorial guidelines to ensure fairness and accuracy in our writing and data analyses. You can trust the prices we show you because our data analysts take rigorous measures to eliminate inaccuracies in pricing data, and may update rates for accuracy as new information becomes available.

We include rates from every locale in the country where coverage is offered and data is available. When comparing rates for different coverage amounts and backgrounds, we change only one variable at a time, so you can easily see how each factor affects pricing.

The best cheap homeowners insurance in Georgia

The following table lists companies with an average annual homeowners rate below Georgia’s state average of $1,980 per year.

Company

Average annual rate

NerdWallet star rating

$1,295

4.0

NerdWallet rating 

American Strategic*

$1,513

Not rated.

$1,668

4.0

NerdWallet rating 

$1,697

4.0

NerdWallet rating 

Cincinnati Insurance

$1,722

4.0

NerdWallet rating 

Alfa

$1,802

Not rated.

$1,775

4.5

NerdWallet rating 

*American Strategic is a subsidiary of Progressive.

**USAA generally serves the military community and homeowners insurance policies are not available to everyone.

Since your own coverage needs may differ from the sample policy above, these companies may not be the cheapest for you. You’ll want to shop around and compare quotes from multiple companies to be sure you’re getting the best rate.

Here’s more information on a few of the companies from the table above.

The best of the cheapest: Farmers

Not only does Farmers offer the cheapest average annual rate for homeowners in Georgia — almost $700 less than the state average — it also has a NerdWallet rating of 4 stars.

Farmers has strong customer satisfaction, with fewer complaints to state regulators nationwide than other insurers of its size. It offers policy features like an additional $25,000 if you rebuild a damaged part of your home with “green” alternatives. Homeowners can get brand new items after a covered claim with Farmers’ contents replacement cost coverage. Homeowners can also upgrade from the standard policy to get higher coverage limits.

The company offers additional features like complete roof replacement coverage and guaranteed replacement cost, which will fully reimburse you for the cost to rebuild your home no matter your policy’s limits.

Georgia homeowners can save with Farmers’ discounts, which include a discount for not smoking, bundling your policy with auto insurance and installing protective devices in your home, like fire alarms or a security system.

Worth considering for military and veterans: USAA

If you’re a military member, veteran or family member of someone in the military, USAA may be worth considering. Not only is the average annual rate 10% less than the state average, but the company has a 4.5-star rating from NerdWallet. This is due in part to its strong customer satisfaction, with fewer complaints to state regulators than other home insurance companies of similar size.

All home policies come included with identity theft coverage. USAA offers replacement cost coverage for personal belongings, which means the company won’t factor in the depreciated cost of your items when you file a claim, but will replace them with new items. If you rent out your home, you can add on home-sharing coverage to protect you and your guests. Earthquake coverage is also available.

The company offers discounts for going claim-free for at least five years, installing protective devices from ADT, and bundling your home insurance with a USAA auto policy.

Best for working directly with an agent: State Farm

State Farm is a great choice for homeowners who like to work directly with a company representative, as the company sells policies exclusively through its wide network of agents. And its attention to customer service has paid off; the company has fewer customer complaints to state regulators than expected for a company of its size.

The company includes an increased dwelling limit add-on in all of its home insurance policies as long as homeowners have insured their homes up to the estimated replacement cost. This coverage automatically extends replacement coverage up to 20% higher.

State Farm offers identity theft coverage and discounts for bundling your home policy with another insurance policy, installing home security devices like smoke or burglar alarms, and for installing impact-resistant roofing shingles.

The best Georgia homeowners insurance for different scenarios

We analyzed rates for different circumstances that can affect home insurance costs. For example, newer homes usually cost less to insure, while a recently filed claim in your history may bump up your rate. Here are the cheapest home insurance companies in Georgia for some common situations.

The cheapest homeowners insurance in Georgia for those with poor credit

Insurers in Georgia use credit-based insurance scores to price rates, and having poor credit will typically result in a higher premium. Here are some of the cheapest companies, on average, for homeowners with poor credit.

Company

Average annual rate

NerdWallet star rating

Cincinnati Insurance

$1,758

4.0

NerdWallet rating 

QBE

$2,360

Not rated.

Georgia Farm Bureau

$2,697

2.0

NerdWallet rating 

American Strategic*

$2,922

Not rated

Country Financial

$3,081

4.5

NerdWallet rating 

*American Strategic is a subsidiary of Progressive.

The cheapest homeowners insurance in Georgia for those with a claims history

You’ll pay more if you’ve filed a claim, so we analyzed rates for homeowners who recently filed a water claim in Georgia. Below are the cheapest companies, on average.

Company

Average annual rate

NerdWallet star rating

Farmers

$1,556

4.0

NerdWallet rating 

Armed Forces Insurance*

$1,695

3.5

NerdWallet rating 

Georgia Farm Bureau

$1,892

2.0

NerdWallet rating 

State Farm

$1,898

4.0

NerdWallet rating 

Alfa

$1,922

Not rated.

*Armed Forces Insurance generally serves the military community. Its homeowners insurance policies are not available to everyone.

We also analyzed rates for Georgia homeowners who recently filed a windstorm claim:

Company

Average annual rate

NerdWallet star rating

Farmers

$1,319

4.0

NerdWallet rating 

American Strategic*

$1,513

Not rated.

Armed Forces Insurance**

$1,695

3.5

NerdWallet rating 

USAA**

$1,775

4.5

NerdWallet rating 

Georgia Farm Bureau

$1,892

2.0

NerdWallet rating 

*American Strategic is a subsidiary of Progressive.

**USAA and Armed Forces Insurance generally serve the military community. Their homeowners insurance policies are not available to everyone.

The best Georgia homeowners insurance for newer homes

Recently purchased a new home? You’re likely to pay less than the state average for home insurance. Below are Georgia’s cheapest companies on average for a home built in 2021.

Company

Average annual rate

NerdWallet star rating

American Strategic*

$514

Not rated.

Armed Forces Insurance**

$841

3.5

NerdWallet rating 

Allstate

$925

4.0

NerdWallet rating 

USAA

$962

4.5

NerdWallet rating 

Farmers

$963

4.0

NerdWallet rating 

*American Strategic is a subsidiary of Progressive.

**Armed Forces Insurance generally serves the military community. Its homeowners insurance policies are not available to everyone.

The best homeowners insurance in Georgia for higher deductibles

Increasing your deductible — how much you pay if you file a claim — is a guaranteed way to lower your home insurance costs. Below are the cheapest companies in Georgia, on average, for a policy with a $2,500 deductible.

Company

Average annual rate

NerdWallet star rating

Farmers

$1,205

4.0

NerdWallet rating 

American Strategic*

$1,312

Not rated.

State Farm

$1,387

4.0

NerdWallet rating 

Armed Forces Insurance**

$1,412

3.5

NerdWallet rating 

Allstate

$1,495

4.0

NerdWallet rating 

*American Strategic is a subsidiary of Progressive.

**Armed Forces Insurance generally serves the military community. Its homeowners insurance policies are not available to everyone.

Average homeowners insurance cost in Georgia by city

How much you pay for home insurance in Georgia will depend greatly on your ZIP code. For example, homeowners in Atlanta pay an average of more than $2,000 a year for coverage, while those in Athens-Clarke pay closer to $1,700 on average.

Below are the average home insurance rates in some of Georgia’s largest cities.

City

Average annual rate

Average monthly rate

Acworth

$1,796

$150

Athens-Clarke

$1,729

$144

Atlanta

$2,082

$174

Augusta-Richmond

$1,978

$165

Columbus

$2,110

$176

Cumming

$1,783

$149

Douglasville

$1,863

$155

Gainesville

$1,811

$151

Johns Creek

$1,741

$145

Kennesaw

$1,774

$148

Lawrenceville

$1,791

$149

Macon

$2,017

$168

Marietta

$1,794

$150

McDonough

$1,906

$159

Norcross

$1,811

$151

Roswell

$1,744

$145

Sandy Springs

$1,810

$151

Savannah

$2,039

$170

Valdosta

$1,982

$165

Woodstock

$1,789

$149

What you need to know about Georgia homeowners insurance

Here are a few things you'll want to keep in mind when evaluating your options for home insurance in Georgia.

Flooding

Georgia gets a lot of rain, especially in Atlanta and along the coast; this can cause flood damage. And flooding can happen even if you’re not in a flood zone. Flood damage isn't typically covered by homeowners insurance, so you'll likely need a separate flood insurance policy, which can be purchased from a private company or through the National Flood Insurance Program.

If you want to know the risk of your home being flooded, search your address using The Federal Emergency Management Agency's flood maps.

Hurricanes

Georgia is a coastal state, which means it’s prone to hurricanes. Georgia home insurance policies typically come with a hurricane deductible that must be paid before insurance pays out for hurricane-related claims.

Homeowners can prepare their homes for potential hurricane damage by keeping trees and shrubs trimmed, covering windows with hurricane shutters and securing valuable items in a waterproof container.

For more information on how insurance works in a hurricane, read our guide to hurricane insurance.

Tornados

Georgia is susceptible to tornadoes, especially in the northern half of the state, and the peak season occurs in the spring. A standard homeowners insurance policy typically covers damage caused by a tornado. If your policy includes loss of use coverage, any expenses you might incur from being temporarily displaced from your home because of tornado damage will be covered. Bear in mind that if a tornado is caused by a hurricane or tropical storm, your hurricane deductible may apply.

Georgia FAIR Plan

If you find that you’re continuously being denied home insurance because of where you live, especially on the coast, the Georgia Insurance Underwriting Association covers homes prone to windstorm and hail damage.

How to get cheaper Georgia home insurance

Here are a few tips to help lower the cost of your home insurance in Georgia.

  • Secure your home. Many insurers offer discounts for installing protective devices like smoke and burglar alarms, smart-home devices, sprinkler systems and deadbolts.

  • Bundle your home and auto insurance. Insurers typically offer discounts for buying more than one policy. Learn more about how you can save by bundling home and auto insurance.

  • Shop around. NerdWallet recommends homeowners shop for home insurance quotes once a year to get the best rate. All insurers price rates differently. Compare quotes from at least three companies, and be sure you’re looking at equal coverage limits and deductibles.

For more ideas, read our article on how to lower homeowners insurance rates.

Georgia Office of Insurance and Safety Fire Commissioner

If you want to file a customer complaint against your home insurance company, or simply learn more about your rights, the consumer services division of the Office of Insurance and Safety Fire Commissioner may be able to help. Its website allows homeowners to file complaints electronically. It also includes information about what home insurance typically covers in Georgia, plus guides on which coverage types to buy. Assistance is available by calling 404-656-2070.

Looking for additional insurance in Georgia?

Frequently asked questions
Is homeowners insurance required in Georgia?

No, homeowners insurance is not legally required in Georgia. But if you have a mortgage, your lender will probably require you to have it. Home insurance can still be a wise purchase even if you don’t have a mortgage since Georgia is prone to natural disasters like hurricanes and tornadoes.

How much is homeowners insurance per month in Georgia?

Georgia home insurance costs an average of $165 per month, or $1,980 per year, for homeowners with $300,000 in dwelling and liability coverage, no recent claims, and a $1,000 deductible.

Why is home insurance so expensive in Georgia?

Home insurance prices vary by state due in part to each state’s unique climate conditions. Homes in Georgia are vulnerable to damage from hurricanes and tornadoes, which drives up the cost of insurance.

Methodology

NerdWallet averaged rates for 40-year-old homeowners from a variety of insurance companies in every ZIP code across the state. Sample homeowners were nonsmokers with good credit living in a single-family, two-story home built in 1997. They had a $1,000 deductible and the following coverage limits:

  • $300,000 in dwelling coverage.

  • $30,000 in other structures coverage.

  • $150,000 in personal property coverage.

  • $60,000 in loss of use coverage.

  • $300,000 in liability coverage.

  • $1,000 in medical payments coverage.

We used the same assumptions for all other homeowner profiles, with the following exceptions:

  • For homeowners with a claims history, we added a single water damage claim.

  • We changed the credit tier from “good” to “poor” as reported to the insurer to see rates for homeowners with poor credit.

  • To see the effect of changing your deductible, we raised the deductible from $1,000 to $2,500.

  • For homeowners with newer homes, we changed the year the house was built to 2021.

These are sample rates generated through Quadrant Information Services. Your own rates will be different.

Star rating methodology

NerdWallet’s homeowners insurance ratings reward companies for customer-first features and practices. Ratings are based on weighted averages of scores in several categories, including financial strength, consumer complaints, coverages, discounts, online experience and more. Our “ease of use” category looks at factors such as website transparency and how easy it is to file a claim. These ratings are a guide, but we encourage you to shop around and compare several insurance quotes to find the best rate for you. NerdWallet does not receive compensation for any reviews. Read our editorial guidelines.

Complaint methodology

NerdWallet examined complaints received by state insurance regulators and reported to the National Association of Insurance Commissioners in 2018-2020. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. To evaluate a company’s complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period. Ratios are determined separately for auto, home (including renters and condo) and life insurance.

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