Homeowners insurance on a $400,000 house in Georgia

How much is homeowners insurance on a $400,000 house in Georgia?

In Georgia, the average cost of home insurance on a $400k house is $2,882 annually.

Coverage	Average annual premium	Average monthly premium
$400,000 with a $1,000 deductible and $100,000 liability	$2,863	$239
$400,000 with a $1,000 deductible and $300,000 liability	$2,882	$240

Homeowners insurance on a $400,000 house in Georgia by company

The cheapest company for insurance on a $400,000 house in Georgia is Auto-Owners at an average rate of $1,792. Allstate is second at $1,959.

Compare home insurance based on a policy with $400,000 in dwelling coverage, $300,000 in liability coverage and a $1,000 deductible.

Company	Average annual premium	Average monthly premium
Auto-Owners	$1,792	$149
Allstate	$1,959	$163
Georgia Farm Bureau	$3,050	$254
State Farm	$3,385	$282
Nationwide	$3,405	$284
Farmers	$3,550	$296
Travelers	$3,574	$298
USAA	$2,615	$218

Home insurance calculator

Use our home insurance calculator to get rates more tailored to your home and ZIP code.

Home insurance calculator by ZIP code

Average home insurance rates on 400K house in Texas

Most & least expensive ZIP codes for homeowners insurance in Texas

Most expensive
Least expensive

ZIP code	City	Highest rate
77550	Galveston	$10,164
77586	El Lago	$9,906
77551	Galveston	$9,536
77554	Galveston	$9,358

ZIP code	City	Lowest rate
78559	Iglesia Antigua	$1,956
78593	Santa Rosa	$1,999
79915	El Paso	$2,008
79905	El Paso	$2,009

Read our methodology

Georgia homeowners insurance rates for a $400,000 home by liability level

Dwelling coverage has the biggest impact on your home insurance rates, and increasing your liability from the standard $100,000 to $300,000 is a difference of only $19 a year.

Company	$400,000 with a $1,000 deductible and $100,000 liability	$400,000 with a $1,000 deductible and $300,000 liability	Hurricane deductible
Auto-Owners	$1,780	$1,792	2%
Allstate	$1,939	$1,959	2%
Georgia Farm Bureau	$3,044	$3,050	2%
Nationwide	$3,360	$3,405	2%
State Farm	$3,377	$3,385	2%
Farmers	$3,466	$3,550	2%
Travelers	$3,563	$3,574	2%
USAA	$2,615	$2,615	2%

Homeowners insurance on a $400,000 house in Georgia by credit rating

In Georgia, your credit history can be used to determine what you pay for home insurance. The average cost of a $400,000 insurance policy with excellent credit is $2,372, while the average cost for a homeowner with poor credit for the same policy is $11,272.

Compare rates for $400,000 in dwelling coverage, $300,000 in liability and a $1,000 deductible by credit tier below.

Credit tier alignment level	$400,000 with a $1,000 deductible $100,000 liability	$400,000 with a $1,000 deductible $300,000 liability
Excellent	$2,356	$2,372
Fair	$3,759	$3,786
Good	$2,863	$2,882
Poor	$11,199	$11,272

Georgia homeowners insurance on a $400,000 house by deductible

Increasing your deductible means lower insurance rates. The average difference between a $400,000 policy with a $1,000 deductible and the same policy with a $2,500 deductible is $359 a year.

Take a look at how deductibles affect home insurance rates in Georgia below.

Deductible	Average annual premium	Average monthly premium
$500	$2,500	$208
$1,000	$2,501	$208
$2,000	$2,161	$180
$2,500	$2,142	$178
$3,000	$2,078	$173
$4,000	$1,807	$151
$5,000	$1,799	$150

Georgia home insurance on a $400,000 house by city

The cheapest city in Georgia for $400,000 in dwelling coverage is Athens at $2,534 a year. Whereas the most expensive city in Georgia to insure a $400,000 house is Savannah at $3,906 a year.

Where you live in Georgia impacts your home insurance premium due to risk factors like weather, crime and more. Compare average annual home insurance rates in major Georgia cities below.

City	Annual premium	Monthly premium
Athens	$2,534	$211
Sandy Springs	$2,597	$216
Johns Creek	$2,627	$219
Augusta	$2,814	$235
Macon	$2,910	$243
Atlanta	$2,910	$243
Columbus	$2,975	$248
Savannah	$3,906	$325

Factors that impact homeowners insurance on a $400,000 house

A number of factors affect the cost of homeowners insurance in Georgia. They include:

ZIP code
Square footage
Construction type
Risks on the property
Past claims

How to determine how much coverage you need for a $400,000 house

The coverage you need for your home is based on its replacement cost and not its market value. So, if you paid $400,000 for your house, that doesn't mean you need $400,000 in coverage. It could be higher or lower than that, since factors that affect market value, like land value or school districts, have no impact on homeowners insurance.

To ensure you get the right amount of coverage, it's important to do a thorough and accurate replacement cost calculation. You can estimate the amount to get ballpark insurance rates, but when it comes to buying a policy, it needs to be accurate to properly protect your home.

Frequently asked questions

How do you estimate the cost of homeowners insurance for a $400,000 house?

To estimate your insurance cost, first estimate your home's replacement cost. You can then get home insurance estimate using our home insurance calculator.

Is replacement cost coverage necessary for a $400,000 home?

Your mortgage company will likely require you to carry replacement cost coverage, regardless of your home's value. Fortunately, standard home insurance policies include replacement cost coverage for the dwelling.