Georgia homeowners pay $2,976 annually, on average, for a home insurance policy with a $1,000 deductible and $300,000 in dwelling coverage, Insurify data shows. Allstate and Auto-Owners provide some of the most affordable options.

Georgia is prone to a variety of severe weather hazards, including landfalling hurricanes, floods, severe thunderstorms, and tornadoes that can cause property damage and increase the cost of coverage for homeowners. Rates vary depending on your location and the level of coverage you choose, so you should always compare quotes from multiple insurers.

Here’s what you need to know about finding the best homeowners insurance in Georgia for you.

Best home insurance companies in Georgia

Many quality home insurance companies offer homeowners insurance policies in Georgia. Having so many options will help you more easily find a policy that fits your insurance needs and budget.

Remember that the best policy for another person might not be the ideal choice for you, so it’s important to shop around. Start your search below.

Cheapest rates: Allstate

Best insurer for comprehensive coverage: State Auto

Best insurer for owners of newer-construction homes: Mercury

Best insurer for eco-conscious homeowners: Travelers

Cheapest home insurance in Georgia

If you’re looking for budget-friendly home insurance, Allstate has the cheapest average monthly premiums in Georgia. You should always consider multiple options before committing to an insurer.

To provide a clearer picture of cheap home insurance options in Georgia, the table below shows the companies offering the cheapest average rates. This can serve as a starting point in your search for affordable coverage.

Cost of homeowners insurance in Georgia

Georgia residents can expect to pay around $2,976 per year for a homeowners insurance policy for $300,000 in dwelling coverage with a $1,000 deductible. This rate is much higher than the national average cost of $2,529 per year for the same type and amount of coverage.

Your actual premiums may vary depending on several factors. How much you pay for coverage varies based on your ZIP code, your home’s age and condition, construction materials used, safety and security features, your claims history, coverage amount, and deductible.

Cost of homeowners insurance by dwelling coverage amount

Your dwelling coverage amount is one of the biggest factors that weighs into the cost of your home insurance. This is the maximum amount the insurance company will pay to repair or rebuild your home following a covered event.

Generally, the higher your dwelling coverage, the higher your insurance premium. The table below shows the average annual premium for different coverage limits in Georgia.

Cost of homeowners insurance by deductible

Your deductible is the amount you’re responsible for paying before your insurance coverage kicks in to cover a loss. Opting for a low deductible means you’ll pay less out of pocket when you file a claim, but it generally results in a higher premium. Setting a higher deductible can decrease your annual premium costs.

Here’s how two common deductible amounts affect the average annual premium for homeowners insurance in Georgia.

How to get cheap homeowners insurance in Georgia

Finding affordable homeowners insurance doesn’t require compromising on coverage. With the right strategies, you can find a policy that provides adequate protection at a reasonable price.

Here are some common ways to save on homeowners insurance in Georgia:

• Bundle policies. Many insurance companies offer discounts to customers who bundle their homeowners insurance with other policies, such as auto or life insurance. This can simplify managing your insurance policies and lead to substantial savings.

• Increase your deductible. Choosing a higher deductible generally leads to lower premiums. If you’re comfortable with the potential out-of-pocket expense in the event of a claim, increasing your deductible can be an effective way to lower your insurance costs.1

• Install safety and security features. Insurance companies often offer discounts for homes with security systems, sprinkler systems, and other safety features. These improvements reduce the risk of claims, leading to lower premiums.

• Ask about discounts. Insurance companies offer a variety of discounts. For example, you might qualify for discounts for remaining loss-free, installing storm shutters, or maintaining good credit. Don’t hesitate to ask potential insurance companies what discounts you’re eligible for.

• Shop around and compare quotes. Don’t settle for the first quote you receive. Insurance rates can vary significantly between companies. Take the time to compare quotes from multiple insurers to find the best rate for the coverage you need.

Georgia homeowners insurance rates by city

Homeowners insurance rates vary not only from state to state but also between different cities and ZIP codes within a state.

Some factors that influence these variations include weather-related events in coastal areas, higher rates of crime in larger cities like Atlanta, proximity to fire stations and hydrants in cities versus rural areas, building and reconstruction costs, and local regulations and building codes.

Compare the average cost of homeowners insurance for several cities in Georgia below.

How much homeowners insurance do you need in Georgia?

One of the most critical decisions you must make when buying a home insurance policy is how much coverage you need. When you take out a mortgage to buy or refinance your home, your lender will require you to have homeowners insurance coverage to protect the lender’s investment. Having this coverage also benefits you as the homeowner.

An insurance agent can help you determine the amount of dwelling and personal property coverage you need based on the value of your home and personal belongings. However, it’s a good idea to understand and choose the right coverages and limits to protect your home, belongings, and budget.

What are some of the biggest risks when owning a home in Georgia?

Owning a home in Georgia comes with unique challenges and risks, so you want to make sure you have the right insurance coverage in place to protect your property.

Here are a few common perils in Georgia.