Compare Quotes from Top Providers and Save now!

By: Hemanth Ramesh August, 01, 2019

Georgia’s homeowners can save $1,774 if they choose the right insurance firm. A Gavop study shows that Farmers offers the lowest insurance premium of $1,180, while Travelers quotes the highest at $2,954. USAA has the highest market share of 10%.


When shopping for home insurance, homeowners must set a dwelling coverage limit to cover damages suffered by a property or to rebuild the property to the same quality and at current prices.

Multiple factors influence home insurance rates and these factors can be divided into two types: adjustable and fixed factors.

Factors that can be changed in a homeowners insurance policy prior to purchase are called adjustable factors. These include liability coverage limits, deductibles, dwelling coverage limits, and personal property coverage limits. Factors such as the age of the property, building material, homeowners insurance score, and claims history are fixed factors.

Homeowners have the freedom to select adjustable factors according to their needs. The rates of their home insurance rates are greatly affected by the limit they set. Homeowners would benefit from setting a dwelling coverage limit that is high enough to cover the replacement cost of the property.

On the other hand, homeowners cannot change fixed factors. For example, a homeowner with a property that is over 60 years old will have to pay a much higher insurance rate compared to a homeowner with a newly built home.

The following graph shows the average insurance premium rates for the largest cities in Georgia: Savannah, Atlanta, Columbus, Augusta, Macon, and Athens.


Gavop research shows that Randolph County offers the highest average home insurance rate at $2,461 per annum.


No Image

Hemanth Ramesh

Hemanth Ramesh works as a writer for Gavop. He has previously written content for film promotions, start-ups, advertising agencies and event management firms. Hemanth Ramesh completed his MA in Journalism and Mass Communication from The English and Foreign Languages University. His other passion includes script writing.