Whether home is a quiet suburb outside Atlanta or a
farm in a remote corner of the state, Georgia home insurance is
a must to keep the family safe. But that doesn’t mean it
has to be expensive! By knowing the basics of
insurance, then shopping around to find the best
premium, it’s easy to find a great policy at the lowest
possible price. So spend a few minutes reading, then
ask for free quotes, and soon you’ll enjoy great Georgia
home insurance coverage at a great rate.
Basics of Georgia Home Insurance
Most home insurance policy sold in Georgia incorporate
the same six basic coverage areas. The amount of coverage
associated with each part determines the premium. Each
insurance company has a unique formula to determine what each
amount of coverage should be based on factors like the home’s
age, location, condition, etc.
- Dwelling – Covers the actual home.
Remember, there’s no need to insure the value of the
- Appurtenant Structures – Protects additional
structures on the property, such as a detached garage or
- Personal Property – Repairs or replaces the
contents inside the home, such as appliances, furniture,
clothing, and décor.
- Additional Living Expenses – Provides funds to
live somewhere else while the home is being
- Medical Payments – Pays for the medical bills of
people outside the family who are injured on the property
or by someone who lives in the home.
- Personal Liability Coverage – Money for damage to
property belong to other people.
Additions to Standard Georgia Home Insurance
When companies calculate the amount of coverage for each
section of the policy, it’s kind of a “one size fits all”
formula. But those amounts may not be right for every person’s
needs. This is where it is important for consumers to review
each portion of the policy to ensure there’s enough
- Personal Property Endorsement – normally the
amount calculated for personal property is 50% of the value
of the home, and there are limits to the value of each type
of property. But frequently this isn’t enough
coverage for someone with expensive property, such as a big
home theatre system, powerful computer, or coin
collections. A personal property endorsement will
increase the amount of coverage to protect those
- Medical Payments – This is usually just $1000 in
coverage, and knowing the cost of medical bills, that
amount can be used up in no time. Buying a little
extra protection here is inexpensive but can make a
difference if something happens.
- Code Ordinance and Law Coverage – If a home gets
damaged, the insurance policy usually only covers repairing
the damaged part. But if changes in the housing code
makes it necessary to upgrade other parts of the house at
the same time, it’s the homeowners responsibility to foot
the bill. This endorsement means the insurance
company will pay for those upgrades too.
Save on Georgia Home Insurance
There are some easy ways to reduce the cost of a home
insurance policy. Take advantage of as many as
- Multi-policy discount – Purchasing both home and
auto insurance from the same insurance company usually
produces a 10-15% discount.
- Security devices – Since the home is safer with
items like smoke detectors, fire extinguishers and deadbolt
locks, adding those will reduce premium rates.
- Good credit discount – statistically people with
a good credit score also file fewer claims and pay their
bills on time, which means a better rate.
- Non-smoker discount – Since there are fewer
chances for a fire in a home without smokers, rates are
- Remodeling credit – New systems are less likely
to fail than older systems, so updating heating, plumbing
or electric systems will lower rates.
to Shop for Georgia Home Insurance
The best way to save money on home insurance is to
shop around. Insurance costs are determined by each
company, so no two will have the same rates. That’s why
it is important to get quotes from at least four companies in
order to compare coverage levels and rates. Fortunately
that part is easy. Simply click the “Get Quotes Now”
button, then click on the four companies which sound like the
best fit. Request a free quote, then compare the
results. In no time you’ll start saving money on a home
insurance policy while having exactly the right coverage to
meet your needs. What are you waiting for? Start