Georgia homeowners pay an average of $163 a month or $1,950 per year for a homeowners insurance policy with $300,000 in dwelling coverage, according to a Policygenius analysis of 2023 premiums. But with the increase in devastating tornadoes that spread across the state in March of 2023, many homeowners are left wondering if they should expect a rate hike in their insurance bill as a result.
Mark Friedlander, a spokesperson for the Insurance Information Institute, doesn't seem to think so. "Based on past industry trends and average, we don’t see the type of storm damage that occurred in various Georgia communities in recent weeks to be a driver of higher rates." However, he goes on to mention you still might see rate increases this year due to above-average inflation, supply chain disruptions, and expensive construction costs that have increased the cost to rebuild homes nationwide. Our list of the best homeowners insurance companies in Georgia can give you a starting off point for finding affordable coverage where you live.
Compare the best homeowners insurance companies in Georgia
While Auto-Owners Insurance offers the cheapest home insurance insurance rates in Georgia, Allstate's combination of lower-than-average premiums, high customer satisfaction ratings, and excellent coverage options makes it our top pick for best homeowners insurance company in Georgia.
Company | Best for... | Average monthly cost | Policygenius rating |
|---|---|---|---|
Low premiums | $107 | 5.0 out of 5 | |
Policy add-ons | $208 | 4.8 out of 5 | |
Lots of discounts | $152 | 4.5 out of 5 | |
Flexible coverage | $128 | 4.4 out of 5 | |
Flood insurance add-on | $200 | 4.4 out of 5 |
Methodology & why you can trust our rates
At Policygenius, our educational guides are written and fact-checked by licensed home insurance experts and reviewed by our Financial Review Council to ensure autonomy, expertise, and accuracy.
To find the best home insurance companies in Georgia, we analyzed over 30,000 quotes from the 15 largest insurance companies in the state to find the average cost of homeowners insurance with each company in 2022.
When analyzing costs for different coverage levels and risk factors, we changed just one variable at a time to ensure the rates we’re comparing are fair and representative of the factor at hand.
We then looked at J.D. Power customer satisfaction scores, AM Best financial health ratings, quality of policy options, discounts, and compared that with the coverage needs of Georgia residents to find the best homeowners insurance in Georgia.
To get the average rate for each company in Georgia, we analyzed rates provided by Quadrant Information Services in March 2022 for 777 ZIP codes in Georgia for a 40-year-old female homeowner with no claim history, good credit, a $1,000 deductible, and the following coverage limits:
Dwelling: $300,000
Other structures: $30,000
Personal property: $150,000
Loss of use: $60,000
Liability: $300,000
Medical: $1,000
All rates based on the above coverage limits except where otherwise noted.
Some carriers may be represented by affiliates or subsidiaries. Rates provided are a sample of costs — your actual quotes may differ.
Best overall home insurance company in Georgia: Allstate
Allstate
4.4
Bundle home & auto
Smart home discounts
Why we chose it
Whether you’re looking for basic or comprehensive home insurance coverage, Allstate is a standout option. Airbnb hosts may benefit from Allstate coverage thanks HostAdvantage — its affordable short-term rental coverage that can be added to any policy.
Pros and cons
Pros
High-quality and flexible policy options
Numerous discounts and features that help you save
Below-average customer complaints
Cons
Below-average digital experience rating with J.D. Power
More details
Why we chose Allstate
Allstate is a great all-around company for its robust coverage options, strong financial strength, and its often affordable coverage.
In Georgia, we found that Allstate may not be the cheapest homeowners insurance coverage, but its lower-than-average premiums, high customer satisfaction ratings, and excellent coverage options make it the top choice for homeowners in Georgia. The company also offers a few discounts that will be easy for many people to qualify for, including discounts for setting up automatic payments, bundling policies, and signing up for coverage before your current policy expires.
How do Allstate home insurance rates compare to the Georgia average?
The average annual cost of an Allstate home insurance policy in Georgia is $128 per month, less than the statewide average of $163 per month.
How to get a quote
Online through Policygenius or Allstate, or by contacting a local Allstate agent.
Best for affordable rates: Auto-Owners Insurance
2023 Policygenius award winner
Auto-Owners Insurance
5.0
Bundle home & auto
Offers extended replacement cost
Offers flood insurance
Why we chose it
Auto-Owners Insurance is one of the highest rated homeowners insurance company in our analysis thanks to its mix of extensive policy and coverage options, high marks for financial strength and customer experience ratings, and affordable premiums.
Pros and cons
Pros
Offers a slew of extra coverage add-ons
Lots of discounts available
Flood insurance available through the NFIP
Cons
Not able to get quotes or file claims online
More details
Why Auto-Owners Insurance is our pick for best for low premiums
Auto-Owners Insurance scores at least a 4 out of 5 for price, customer experience, coverage options, and financial strength, which earned it a perfect 5 out of 5 Policygenius rating.
With up to 23 policy endorsements — such as guaranteed replacement cost, inland flood coverage, and a comprehensive Homeowners Plus endorsement package — Auto-Owners offers excellent value for the coverage you're getting that surpasses competitors.
You can also take advantage of up to 12 Auto-Owners discounts to get your rates even lower. To put that into context, the average number of discounts the companies we reviewed offer is only 7.
How much does Auto-Owners home insurance cost in Georgia?
The national average cost of an Auto-Owners home insurance policy is $107 per month, according to sample quotes provided to us by Quadrant Information Services. This makes Auto-Owners Insurance cheaper than both the national and state averages.
Best for policy add-ons: State Farm
State Farm
4.8
Bundle home & auto
Offers extended replacement cost
Offers flood insurance
Offers earthquake insurance
Wind/hail deductible
Offers wildfire insurance
Why we chose it
State Farm is the top overall home insurance company in Georgia thanks to its large selection of policy options for most home types, high customer service marks, and industry-best financial stability ratings.
Pros and cons
Pros
Save money when you bundle your home and auto insurance
Excellent line-up of policy add-ons, including extended replacement cost coverage
Cons
20% more complaints filed with the NAIC than other companies of its size
More details
Why State Farm is the best company for add-ons in Georgia
We like State Farm's robust coverage options, including extended replacement cost coverage, water backup protection, appliance coverage, inflation guard, and others.
State Farm is also known for its dependable customer service — from shopping and setting up your policy, to making changes to your coverage, to filing a claim.
Plus, while many competitors don't have the financial strength to pay out claims after several natural disasters in the same year, State Farm isn't one of them. It earns the highest rating possible from A.M. Best for financial strength and stability — only six insurance companies out of nearly 70 we reviewed hold this title.
How do State Farm home insurance rates compare to the Georgia average?
The average cost of State Farm home insurance in Georgia is $208 per month, which is higher than the state average of $163 per year.
How to get a quote
Online through State Farm or by contacting your local State Farm agent.
Best for discounts: Farmers
Farmers
4.5
Offers extended replacement cost
Bundle home & auto
Smart home discounts
Why we chose it
Farmers is one of the best home insurance companies in Georgia for combining high claims satisfaction scores with a range of coverage add-ons and discounts.
Pros and cons
Pros
Lots of discounts to save on rates
Extended and guaranteed replacement cost for your home
Shave $50 off your deductible each year you’re with Farmers
Cons
Below-average scores on J.D. Power’s overall customer satisfaction and digital experience surveys
More details
Why we chose Farmers
Farmers earned a high score in J.D. Power’s 2022 claims satisfaction study (though it was below-average on J.D. Power’s overall customer satisfaction and digital experience surveys). Farmers also receives fewer complaints than average, according to the National Association of Insurance Commissioners.
You can add some impressive coverages to a basic Farmers home insurance policy, like guaranteed or extended replacement cost coverage, water backup protection, and a personal articles floater.
Depending on where you live, you could save up to 45% on your auto insurance and up to 34% on your home insurance when you bundle policies with Farmers, according to the company website.
Even more, Farmers has up to 16 additional discounts and money-saving policy perks. For context, Farmers competitors offer an average of around seven discounts total.
How do Farmers home insurance rates compare to the average in Georgia?
The average cost of Farmers home insurance in Georgia is $152 per month, which is slightly less than the average annual premium of $168 per month.
How to get a quote
Online through Farmers
Best for flood insurance add-ons: Travelers
Travelers
4.4
Bundle home & auto
New homebuyer discount
Mobile app
Offers extended replacement cost
Offers flood insurance
Why we chose it
Travelers offers some of the best homeowners insurance in Georgia despite higher-than-average rates thanks to industry-best financial ratings and flexible policy options for most home types.
Pros and cons
Pros
Green home coverage and discounts
Offers short-term rental coverage for Airbnb hosts
Doesn’t require prior insurance on the home
Cons
Subpar customer service ratings with J.D. Power
Underwhelming number of available discounts
More details
Why we chose Travelers
Travelers is a reputable home insurance provider that offers comprehensive policy options. One of Travelers's benefits is its willingness to cover risks that other insurance companies won't. These risks include no prior insurance coverage, coverage for short term rentals, and liability protection for trampoline injuries if its fitted with protective netting.
How do Travelers home insurance rates compare to the Georgia state average?
The average cost of Travelers home insurance in Georgia is $200 per month, which is slightly more expensive than the state average monthly premium of $163.
How to get a quote
Online through Policygenius or Travelers
How much is homeowners insurance in Georgia?
The average cost of homeowners insurance in Georgia is $1,950 per year, or roughly $163 a month, for an insurance policy with $300,000 in dwelling coverage. This is higher than the national average of $1,754 per year.
Home insurance premiums in Georgia increased 22% from May 2022 to May 2023, according to our latest analysis of internal policyholder data. This is due to a mix of rising inflation, labor shortages, and severe natural disasters that have caused insurance companies to increase rates and establish stricter underwriting rules to offset the risks. You can find all of the details in our 2023 Policygenius Home Insurance Pricing Report.
Georgia homeowners insurance rates by city
But home insurance costs in Georgia can vary widely depending on where you live. Cities along the Georgia coast like Savannah tend to see the highest rates in the Peach State, while cities further inland like Athens and Johns Creek tend to pay the highest rates.
Here’s a look at the average cost of home insurance in the 20 largest cities in Georgia.
City | Average monthly cost | Average annual cost | Difference from state average (%) |
|---|---|---|---|
Atlanta | $171 | $2,049 | 5% |
Columbus | $175 | $2,103 | 8% |
Savannah | $157 | $1,887 | -3% |
Sandy Springs | $152 | $1,822 | -7% |
Roswell | $145 | $1,734 | -11% |
Johns Creek | $142 | $1,700 | -13% |
Warner Robins | $162 | $1,938 | -1% |
Alpharetta | $143 | $1,720 | -12% |
Albany | $169 | $2,025 | 4% |
Marietta | $150 | $1,800 | -8% |
Smyrna | $149 | $1,782 | -9% |
Valdosta | $163 | $1,955 | 0% |
Dunwoody | $150 | $1,801 | -8% |
Gainesville | $148 | $1,776 | -9% |
Newnan | $158 | $1,900 | -3% |
Milton | $142 | $1,703 | -13% |
Peachtree City | $148 | $1,774 | -9% |
East Point | $175 | $2,097 | 8% |
Douglasville | $154 | $1,851 | -5% |
Rome | $164 | $1,965 | 1% |
Georgia homeowners insurance rates by coverage amount
The table below highlights the average annual premium in Georgia for five different levels of dwelling coverage, which is the part of your policy that covers structural damage to your home.
Generally speaking, more dwelling coverage means higher homeowners insurance rates, as shown in the table below.
Dwelling coverage limit | Average annual cost |
|---|---|
$100,000 | $930 |
$200,000 | $1,447 |
$300,000 | $1,950 |
$400,000 | $2,502 |
$500,000 | $3,094 |
Cheapest homeowners insurance companies in Georgia
The amount you pay for homeowners insurance primarily depends on your home's replacement cost and how much dwelling coverage it requires. You may also find that companies set rates differently depending on how much coverage is in your policy. For example, a company that offers cheapest home insurance rates for a home with a low dwelling coverage limit may charge relatively high premiums for a home with high dwelling coverage limits. That's why it's so important to compare quotes from multiple companies. Here's the average annual premium from 15 insurance companies in Georgia.
Company | Average annual cost |
|---|---|
$1,285 | |
$1,289 | |
$1,418 | |
$1,487 | |
$1,537 | |
$1,664 | |
$1,820 | |
$1,982 | |
$2,013 | |
$2,272 | |
$2,336 | |
$2,396 | |
$2,488 | |
$2,491 | |
Praetorian Insurance | $2,800 |
Cheapest Georgia homeowners insurance if you have poor credit
Georgia allows insurance companies to use your credit rating to help set your rates. Homeowners with lower credit scores should expect to pay higher rates for their homeowners insurance.
Below are the homeowners insurance rates for Georgia residents with poor credit.
Company | Average annual cost |
|---|---|
Cincinnati Insurance | $1,330 |
Progressive | $2,269 |
Pure Insurance | $2,367 |
Chubb | $2,760 |
Allstate | $2,767 |
USAA | $2,772 |
Praetorian Insurance | $2,862 |
Alfa Insurance | $2,985 |
Nationwide | $2,995 |
Country Financial | $3,117 |
Farmers | $3,521 |
Farm Bureau Insurance | $3,590 |
Travelers | $3,643 |
State Farm | $4,284 |
Auto-Owners Insurance | $13,185 |
Cheapest Georgia homeowners insurance if you have an older home
The age of your home is one of the factors that impacts your insurance rates. Here are the rates for older homes in Georgia by company.
Company | Average annual cost |
|---|---|
Auto-Owners Insurance | $1,247 |
Cincinnati Insurance | $1,270 |
Progressive | $1,458 |
Allstate | $1,522 |
Pure Insurance | $1,605 |
USAA | $1,718 |
Alfa Insurance | $1,982 |
Chubb | $2,013 |
Farmers | $2,242 |
Farm Bureau Insurance | $2,255 |
Nationwide | $2,272 |
Travelers | $2,396 |
State Farm | $2,491 |
Country Financial | $2,784 |
Praetorian Insurance | $2,862 |
Cheapest Georgia homeowners insurance if you have a history of claims
Filing multiple claims can impact your homeowners insurance rates. Here are the average rates for homeowners who have filed multiple claims.
Company | Average annual cost |
|---|---|
Auto-Owners Insurance | $1,289 |
Chubb | $2,013 |
USAA | $2,017 |
Alfa Insurance | $2,101 |
Pure Insurance | $2,498 |
Allstate | $2,678 |
State Farm | $2,833 |
Farm Bureau Insurance | $2,854 |
Cincinnati Insurance | $2,945 |
Farmers | $3,285 |
Progressive | $3,831 |
Praetorian Insurance | $4,431 |
Nationwide | $4,433 |
Travelers | $4,552 |
Country Financial | $4,732 |
How to buy homeowners insurance in Georgia
With so many options for homeowners insurance in Georgia, shopping for homeowners insurance can seem overwhelming, which is why we provided Georgia homeowners with the insights and expert advice they need for a more convenient and informed comparison.
Homeowners insurance in Georgia: 3 things to know
In addition to comparing quotes from different companies and determining the best policy for your needs, here are three additional considerations for Georgia homeowners.
You might need to purchase separate windstorm insurance
If you live along the Georgia coast or in another area prone to hurricanes, tropical storms, or tornadoes, your standard home insurance policy might exclude coverage from wind and hail. If this is the case, you'll need to either add a windstorm endorsement to your standard home insurance policy or purchase a separate windstorm insurance policy to ensure you're fully covered.
Along with this, your policy might have a separate wind/hail or hurricane deductible that's listed as a percentage of your dwelling coverage limit and applies specifically to hurricane-related wind and rain damage. It's up to your insurance company's discretion when this deductible is triggered rather than your standard home insurance deductible.
High-risk homeowners should consider the Georgia FAIR Plan
If you've struggled to find coverage from a standard home insurance company in Georgia due to being considered too high risk to insure, you might want to look into coverage through the Georgia Underwriting Association (GUA) — or Georgia's Fair Access to Insurance Requirements (FAIR) Plan.
The Georgia Underwriting Association specializes in providing insurance coverage to all Georgians — no matter if you've filed multiple claims, live in a high-risk area, or have other factors that make you risky to insure. Just keep in mind coverage through the GUA is typically more expensive and less comprehensive than if you bought a policy through a standard insurance company.
Our licensed insurance agents at Policygenius can help you explore your options and decide whether insurance through the GUA might be a good fit for your needs.
Consider flood insurance if you live near the coast
With Georgia no. 7 on our list of states with the most hurricanes, homeowners who live near the coast or in FEMA-designated high-risk flood zones should seriously consider purchasing separate flood insurance.
Remember that standard home insurance policies don't cover flooding due to natural disasters like hurricanes or tornadoes. To ensure you're fully protected, you'll need to buy a separate flood insurance policy through the National Flood Insurance Program (NFIP) or a private insurance company that offers flood coverage.
Frequently asked questions
What is the cheapest home insurance company in Georgia?
Auto-Owners Insurance has the cheapest rates for home insurance in Georgia — ringing in at $107 a month or $1,284 per year. However, several top-rated insurance companies including Allstate, USAA, and Farmers all come in under the Georgia average of $1,988 per year.
Why is home insurance in Georgia so expensive?
Georgia homeowners end up paying higher prices because of the greater threat of natural disasters. Instances of bad weather involving high winds and severe flooding are on the rise in Georgia, and insurance premiums are increasing alongside the increased risk. For that reason, homeowners along the coast and in major metropolitan areas should always expect higher rates.
Where can I get mobile home insurance in Georgia?
Many standard home insurance companies in Georgia also offer mobile home insurance. For example, Allstate, USAA, and Farmers — which all topped our list of best home insurance companies in Georgia — also offer coverage for mobile and manufactured homes.
Do I need hurricane insurance in Georgia?
There's no such thing as separate hurricane insurance — even in Georgia. However, if you live near the coast or in an area prone to hurricanes, tornadoes, or tropical storms, you might need to purchase a separate wind insurance policy or add a windstorm endorsement to your standard home insurance coverage.
What is the best home and auto insurance company in Georgia?
USAA, Farmers, and Auto-Owners insurance are all ideal for bundling your home and auto insurance policies together in Georgia, since they all offer a bundling discount to help you save on both rates.
