The average cost of renters insurance in Georgia is $653 a year, according to a rate analysis by Insurance.com. There are a lot of things to consider when looking for the best renters insurance in Georgia. Price is always a consideration, but it's not the only thing you should take into account when deciding on a renters insurance company. You should compare the policies offered by different carriers on the basis of the average rate, coverage options, and customer service.
We have put together this guide to help you make the right decision. In this guide, you will find the cheap renters insurance companies for Georgia renters. Besides, you can compare the companies based on their average rate and ratings. Keep on reading this resource to find the best renters insurance company in Georgia for your specific needs and budget.
- The average renters insurance rates in Georgia costs around $653 per year or $54 per month.
- Georgia Farm Bureau is the cheapest renters insurance provider. It offers a standard renters insurance policy at an average of $166 annually.
- Best renters insurance companies in Georgia
- Compare best renters insurance companies in Georgia
- How much is renters insurance in Georgia
- 10 Most expensive zip codes in Georgia for renters insurance
- 10 Least expensive zip codes in Georgia for renters insurance
- Cheap renters insurance in Georgia by carrier
Best renters insurance companies in Georgia
When it comes to choosing the best renters insurance company in Georgia, you want to make sure that you are comparing apples to apples. Our experts at Insurance.com have compared quotes, coverage options and J.D Power score from all the major insurers in Georgia. Below is the list of best renters insurance companies in Georgia:
- USAA
- State Farm
- Nationwide
- Allstate
- Farmers
Compare best renters insurance companies in Georgia
USAA tops the list of best renters insurance companies in Georgia with 893 J.D. Power scores, the highest among the carriers surveyed. Its average rate for Georgia residents is $368 annually. But USAA only offers services to people in the military and their families.
Apart from USAA, you can get a renters insurance policy from companies like State Farm, Travelers, Nationwide, Liberty Mutual, Farmers, and Allstate. If you want an affordable renters insurance policy, compare these insurance providers on the basis of their J.D. power score and average rates that are mentioned in the table below.
| Company | J.D. Power score | Average annual rate |
|---|---|---|
| USAA | 893 | $368 |
| State Farm | 866 | $429 |
| Nationwide | 834 | $422 |
| Allstate | 833 | $548 |
| Farmers | 831 | $537 |
| Liberty Mutual | 823 | $1,340 |
| Travelers | 815 | $678 |
How much is renters insurance in Georgia
The average renters insurance policy in Georgia costs around $653 per year or $54 a month. However, premiums may vary significantly depending on a number of factors, including your coverage limits, the amount of your deductible, and the type of property you want to insure.
Renters insurance policies in Georgia typically provide two types of coverage: personal property coverage and liability coverage. Personal property coverage helps protect your belongings in case they're damaged or stolen, while liability coverage provides protection if someone is injured, or their property is damaged as a result of an accident that occurred at your home.
| Average annual premium | Average monthly premium |
|---|---|
| $653 | $54 |
10 Most expensive zip codes in Georgia for renters insurance
Renters insurance is a necessary purchase for anyone who rents a home or apartment, but the cost of coverage may vary depending on the zip code. Some zip codes in Georgia are more expensive than others when it comes to renters insurance premiums. The most expensive zip code for renters insurance in Georgia is 31561 and its average annual rate for Georgia renters is $598.
The 10 most expensive zip codes for renters insurance in the state are listed below.
| ZIP code | Average annual rate |
|---|---|
| 31561 | $598 |
| 30756 | $595 |
| 30311 | $594 |
| 31522 | $583 |
| 30272 | $577 |
| 30304 | $576 |
| 30303 | $574 |
| 31409 | $573 |
| 30314 | $572 |
| 30310 | $571 |
10 Least expensive zip codes in Georgia for renters insurance
The least expensive zip code for renters insurance in Georgia is 30417, its average annual cost is $481. Below are the 10 least expensive zip codes in Georgia for renters insurance premiums are listed below. These areas may typically have lower property values or fewer risks associated with renting, which results in lower premiums for renters insurance coverage.
| ZIP code | Average annual rate |
|---|---|
| 30417 | $481 |
| 30454 | $482 |
| 30473 | $483 |
| 30439 | $484 |
| 30535 | $485 |
| 30471 | $486 |
| 30401 | $487 |
| 30414 | $488 |
| 30410 | $489 |
| 30040 | $490 |
Cheap renters insurance in Georgia by carrier
When it comes to renters insurance, it’s important to shop around and compare rates to make sure you’re getting the best deal possible. Each of these carriers typically offers competitive rates for renters insurance coverage in Georgia. Based on Insurance.com's rate analysis, Georgia Farm Bureau is the cheapest renters insurance provider. It offers a standard renters insurance policy at an average of $166 annually.
Find below the list of cheapest renters insurance companies in Georgia along with their average annual premium.
| Company name | Average annual premium |
|---|---|
| Georgia Farm Bureau | $166 |
| USAA | $302 |
| Garrison | $338 |
| Allstate | $339 |
| Nationwide | $347 |
| State Farm | $409 |
| Safeco | $440 |
| Charter Oak Fire | $475 |
| Farmers | $500 |
| Foremost | $573 |
| Travelers | $589 |
| First Liberty | $1,041 |
| LM Insurance | $1,277 |
| Auto Owners | $3,216 |
