Best & Cheapest Homeowners Insurance in Atlanta, GA For April, 2024

Farmers offers the cheapest homeowners insurance to homeowners in Atlanta, with an average annual quote of $1,248.

min read
Updated: 18 April 2024
Written by
Bob Phillips
On this page Open

In our comprehensive review of homeowners insurance providers in Atlanta, GA, Farmers emerges as the most budget-friendly option, with average annual rates of $1,248. However, keep in mind that the best insurer for you may vary based on your unique circumstances and requirements.

For instance, if your credit score has taken a hit, Farmers still stands out as the most economical choice with an average annual premium of $2,719. In contrast, if your home is on the older side, State Farm rises to the top with its competitive rates of $2,268 per year, and comprehensive coverage.

On the other hand, if you’re the proud owner of a newly constructed home, USAA offers the most cost-effective solution at $1,834 per year. And for those who’ve had a history of claims, Allstate provides an affordable and understanding solution at $2,407 per annum.

Last, if you possess a wealth of personal property that needs protection, USAA again proves to be your best bet, offering extensive coverage at a reasonable $2,746 per year.

Our in-depth analysis at Insuranceopedia is designed to guide you toward the perfect fit for your homeowners insurance needs. By comparing customer ratings, analyzing personal experiences, and presenting comparison charts, we will provide you with all the information necessary to make an informed decision.

How much is homeowners insurance in Atlanta, GA?

Farmers offers the most affordable rate for homeowners insurance in Atlanta at $1,248 annually.

As you can see below, rates in Atlanta are more expensive than the National average. They are also higher than the Georgia State average.

Area Average Monthly Rate
National $1,820
Georgia $1,844
Atlanta $2,173

It’s important to understand that rates are not a one-size-fits-all matter. They can fluctuate significantly based on a myriad of factors.

Cheapest Homeowners Insurance in Atlanta, GA

Our Methodology

To find the cheapest home insurance rates in Atlanta, we analyzed findings from numerous home insurance review sites, some of which analyzed rates from public filings obtained by Quadrant Information Services. We’ve used an average of those rates for this review, but each company’s rates change frequently and will vary based on your situation. Also factored into the overall rating is my subjective opinion based on fifteen years of experience as a licensed insurance agent and over three decades of purchasing home insurance.

64

Quotes Analyzed

15+

Years Of Industry Experience

21

Brands Reviewed

35+

Research Hours

Cheapest Homeowners Insurance in Atlanta, GA

Farmers emerges as the cheapest overall option for homeowners insurance in Atlanta, GA, with an average annual rate of $1,248.

Company Annual Premium
Farmers $1,248
USAA $2,659
Allstate $3,182
State Farm $4,451
Nationwide $4,432

The cost of your policy is influenced by many factors, including location, home value, and your claims history. Farmers offers a balanced blend of affordability and comprehensive coverage.

Cheapest Homeowners Insurance In Atlanta If You Have an Older Home

For those with older homes, State Farm offers the cheapest rates, averaging $2,268 per year.

Insurance Company Average Annual Premium
State Farm $2,268
Nationwide $2,397
Travelers $2,586
Country Financial $3,548

Older homes often come with unique risks and maintenance issues, which can drive up insurance costs. State Farm offers competitive rates and comprehensive coverage tailored to meet the needs of older homes.

Cheapest Homeowners Insurance If You Have Poor Credit

If your credit score is poor, Farmers provides the most affordable solution, with an average annual rate of $2719.

Insurance Company Average Annual Premium
Farmers $2,719
Chubb $4,505
USAA $6,114
Nationwide $8,944
State Farm $10,021

Your credit score can significantly impact your insurance rates as it’s a key factor insurers consider when calculating risk. Farmers understands that everyone deserves fair coverage, regardless of their financial past.

Cheapest Homeowners Insurance for Newly Constructed Homes

If you’re the proud owner of a newly constructed home, USAA offers the most cost-effective solution, with an average annual rate of $1,834.

Insurance Company Average Annual Premium
USAA $1,834
Allstate $2,461
Nationwide $3,032
State Farm $3,340
Auto-Owners $6,754

New constructions often require different coverage compared to older homes, and USAA excels in providing affordable policies tailored to these specific needs.

Cheapest Home Insurance Rates for Lots of Personal Property

If you have a wealth of personal property, USAA offers the cheapest rates, with an average annual rate of $2,746.

Insurance Company Average Annual Premium
USAA $2,746
Allstate $3,219
State Farm $4,516
Nationwide $4,856
Auto Owners $9,774

The more personal property you have, the higher your coverage needs, which can increase premiums. USAA provides extensive coverage at reasonable rates, ensuring all your belongings are adequately protected.

Cheapest Home Insurance In Atlanta for a History of Claims

For homeowners with a history of claims, Allstate provides an affordable solution, with an average annual rate of $2,407.

Insurance Company Average Annual Premium
Allstate $2,407
State Farm $2,570
Farmers $2,705
Nationwide $4,660
Travelers $5,316

A history of claims can raise red flags for insurers, often leading to higher premiums. However, Allstate believes in second chances and offers reasonable rates for those with past claims.

Best Homeowners Insurance Companies in Atlanta, GA

Choosing the right homeowners insurance is not just a necessity; it’s a strategic decision. With a rich history, Atlanta’s homes are as unique as its residents. Therefore, finding an insurance provider that offers comprehensive coverage at competitive rates becomes paramount.

To make your decision-making process easier, we’ve compiled a list of the top homeowners insurance companies in Atlanta, GA. These companies have been assessed based on their annual premiums, coverage options, customer satisfaction ratings, and overall reliability. Take a look at our comparison chart below and find the perfect fit for your home insurance needs.

Company Annual Premium
USAA $2,659
Auto-Owners $9,194
Chubb $2,516
Farmers $1,248
Country Financial $4,762
Allstate $3,182
State Farm $4,451
Nationwide $4,432

Average Home Insurance Rates by Zip Codes

The cost of homeowners insurance in Atlanta, GA can vary significantly based on the zip code. Below are tables showcasing rates for different zip codes in Atlanta, along with the five cheapest and most expensive zip codes in the area for annual home insurance premiums.

ZIP Code Average Insurance Premium (Annual)
30349 $2,180
30331 $2,178
30318 $2,132
30311 $2,251
30315 $2,200
30316 $2,027
30341 $1,827
30324 $1,831

Cheapest Zip Codes

ZIP Code Average Insurance Premium (Annual)
30324 $1,831
30340 $1,844
30341 $1,827
30306 $1,867
30345 $1,866

Most Expensive Zip Codes

ZIP Code Average Insurance Premium (Annual)
30311 $2,251
30314 $2,195
30304 $2,189
30331 $2,178
30349 $2,180

Average Home Insurance Rates in Atlanta, GA by Deductible Amount

The deductible amount chosen for a homeowners insurance policy significantly affects the premium rates in Atlanta, GA. Here’s how the average home insurance rates fluctuate  for different deductible amounts:

Deductible Annual Rate
$500 $1,635
$1,000 $1,490
$1,500 $1,400
$2,000 $1,317
$5,000 $1,100

Average Home Insurance Rates in Atlanta, GA By Coverage Amount

One of the key components that influences your premium is the dwelling coverage amount. This is the maximum amount your insurance company will pay to rebuild or repair your home if it’s damaged or destroyed.

Let’s take a closer look at a comparison chart that outlines the average annual homeowners insurance premiums for different dwelling coverage amounts.

Dwelling Coverage Amount Average Annual Premium
$200,000 $1,272
$250,000 $1,478
$300,000 $1,643
$350,000 $1,812
$400,000 $2,179

Average Home Insurance Rates in Atlanta, GA by Company

Here’s a comparison table showcasing annual premiums from some of the top providers in Atlanta:

Company Annual Premium
USAA $2,659
Auto-Owners $9,194
Chubb $2,516
Farmers $1,248
Country Financial $4,762
Allstate $3,182
State Farm $4,451
Nationwide $4,432

How Much is Homeowners Insurance for Other Cities in Georgia?

The following is a  detailed comparison chart that showcases the cheapest companies and their annual premiums across various cities in Georgia.

City Annual Premium
Adele $1,365
Allentown $1,331
Savannah $1,897
LaFayette $1,267

Getting Online Homeowners Insurance Quotes in Georgia

With informative sites like Insuranceopedia, finding the best coverage for your unique needs is just a few clicks away. By providing quick online quotes from a variety of top-rated insurers, Insuranceopedia helps you to compare rates at a glance.

Just input your details and let us do the hard work, presenting you with a range of options tailored to your requirements. This way, you can confidently choose a policy that offers the highest value, balancing cost with comprehensive coverage.

FAQs

Who has the cheapest home insurance in Atlanta, GA?

The cheapest home insurance in Atlanta, GA, is provided by Farmers, with an annual premium of $1,248.

What is the average cost of home insurance in Atlanta, GA?

The average cost of homeowners insurance in Atlanta, Georgia, is approximately $2,173 per year.

Go back to top