Who Has the Cheapest Homeowners Insurance Quotes in Georgia?

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This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

Article Approved By Banking Expert

This article has been reviewed and deemed factual by our content auditor with 8 years of banking experience.

Georgia, when it’s nice out, can one of the best places to live in the country. Millions of households live in the state, and every person has dreams for themselves or their families, hoping to move forward. Yet unexpected circumstances can occur and set people back, and storms or fires (among other problems) can damage or even destroy your home. For these instances, you need a plan to rebuild, and a homeowners insurance policy can provide that for you. They’re easily to get, they’re worth the cost, and we even found the cheapest options for you.

Here are the four cheapest homeowners insurance providers operating in Georgia:

The Four Cheapest Quotes:

Every home is different and susceptible to different risks and problems. As such, your quotes will be different from those listed below. However, you can expect the same general treatment and relative prices when compared companies to each other.

The number listed next to each provider is the average annual rate for a standard policy.

1) Hanover: $1,073

Hanover is the cheapest option on average we found in Georgia, and they can be a solid choice for families in smaller homes or condos. We found it rather easy to get a plan with them, and they might be the best pick for a home that is required to have a policy. They know how to set up a policy for different types of homes, meaning you shouldn’t find much waste in your policy.

However, after doing some more research into the company, we found many more customer complaints than we usually do, many citing nonresponsive customer service, rate hikes, and rejecting many claims. If you’re looking for the best experience, you likely aren’t going to find it with Hanover.

You can expect the following working with Hanover:

  • Three different home insurance coverage packages so you can select a plan that is tailored for you.
  • Special options available such as assisted living care coverage, water backup and sump overflow coverage, a guaranteed replacement cost plan, and equipment breakdown coverage.
  • Good options for auto insurance if you need multiple policies.

2) Grange: $1,237 

Just a bit more expensive than Hanover, Grange is the second cheapest on average, and has a few advantages over its competitors to make up for the price difference. Mostly handled through independent agents (you’ll want to check to see if one is near you), Grange is a bit different than other insurance companies, focusing on affordability and the expertise of those agents. They also prefer to get people personalized coverage, so homes with particular needs might do best with Grange.

There are more complaints against their auto insurance options, so you may wish to avoid bundling if you get a homeowners insurance policy with them. Additionally, like a few other companies, people have reported issues easily making claims with Grange.

You can expect the following working with Grange:

  • Protection options such as cyber protection, underground service line costs, home replacement cost, identity theft protection, valuables coverage, sewer and drain backup coverage, and personal umbrella coverage, among others.
  • A few different tiers of coverage if you can afford and want a bit of a more premium option.
  • A commitment to keeping things less expensive for you.

3) State Farm: $1,708

The most common and standard choice for homeowners across the country, State Farm is a company you can count on to reliably provide a policy for your home without any difficulties or too much fuss. An extremely experienced provider, they have seen every type of home and problem before, and know exactly how to handle it.

The downside to working with such a straightforward company is that there aren’t too many additional options for customizing your policy, and they’re also aren’t as many discount options as other companies usually offer. This means that if you know how to shop around, you might still find cheaper coverage of the same quality elsewhere.

You can expect the following working with State Farm:

  • An online quoting system that gives you just about every piece of info you might need to make an early judgment call.
  • A high level of financial reliability and institutional strength, given their massive network.
  • Resources that can easily get you up to speed regarding your policy, potential policy, or concepts you might not understand.

4) Travelers: $2,072

The most expensive choice for Georgia, Travelers is a provider that operates across the country that is able to work with a wide network of agents that you can rely on to get you the best policy for your home that they offer. On that same idea, Travelers is also one of the most flexible companies, allowing you to customize your plan quite extensively, making them a great choice for homeowners who know what they want.

The main issue with Travelers, and one that is concerning given their average annual rate in the state, is the fact that they are known for their generally poor customer service, and their customer satisfaction rankings and ratings reflect that. It might be best to avoid Travelers in Georgia unless the customization options are worth the hassle for you.

You can expect the following working with Travelers:

  • A wide range of discount options available, including a multi-policy discount, a new home buyer discount, a green home discount, and others.
  • Several different coverage tiers to choose from (which you can likely customize further later).
  • Plenty of other insurance products available, whether you have additional valuables, a boat, or simply want umbrella insurance.

Conclusion

Whether your home is new or has been in your family for generations, Georgia homeowners can only benefit by getting a homeowners insurance policy, ensuring that should even the worst happen, they’ll have a place to go and a chance to rebuild. Given the risks that come with living in Georgia, that makes the cost worth it every time. We hope that you are able to use the above information to find a company that’s perfect for you soon, and we would like to remind you that a little work now during the search can go a long way down the line.

Ryan Friend

Ryan Friend

Ryan Friend

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