The average cost of renters insurance in Georgia is $330 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 companies 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 best and 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.
Key takeaways
- Georgia residents pay an average of $330 annually for standard renters insurance policy.
- 30223 is the least expensive ZIP code in Georgia with an average annual rate of $314 per year.
- In Georgia, Georgia Farm Bureau offers the cheapest renters insurance at $131 annually.
- USAA is the best renters insurance company based on the Insurance.com research, with a J.D.Power score of 886 out of 1,000.
- 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
- Methodology
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:
| Company | Average rating(out of 5) |
|---|---|
| USAA | 5 |
| State Farm | 4 |
| Nationwide | 3.5 |
| Travelers | 3 |
| Farmers Insurance | 3 |
| Allstate | 2.5 |
Compare best renters insurance companies in Georgia
USAA tops the list of best renters insurance companies in Georgia with 886 J.D. Power scores, the highest among the carriers surveyed. Its average rate for Georgia residents is $187 annually --- $64 less than the national average ($251).
Apart from USAA, you can get a renters insurance policy from companies like State Farm & Nationwide. 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 Premium | AM Best Ratings |
|---|---|---|---|
| Allstate | 837 | $642 | A+ |
| Farmers Insurance | 831 | $428 | A |
| Nationwide | 859 | $388 | A+ |
| State Farm | 836 | $303 | A++ |
| Travelers | 801 | $481 | A++ |
| USAA | 886 | $187 | A++ |
How much is renters insurance in Georgia
The average renters insurance policy in Georgia costs around $330 per year or $27 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 |
|---|---|
| $330 | $27 |
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 30369 and its average annual rate for Georgia renters is $377.
The 10 most expensive zip codes for renters insurance in the state are listed below.
| ZIP code | Average Annual Rate |
|---|---|
| 30369 | $377 |
| 30361 | $377 |
| 30304 | $377 |
| 30349 | $377 |
| 30354 | $376 |
| 30344 | $376 |
| 30336 | $376 |
| 30331 | $376 |
| 30316 | $376 |
| 30363 | $375 |
10 Least expensive zip codes in Georgia for renters insurance
The least expensive zip code for renters insurance in Georgia is 30223, its average annual cost is $314. 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 |
|---|---|
| 30223 | $314 |
| 30224 | $314 |
| 30266 | $314 |
| 30284 | $314 |
| 30292 | $314 |
| 30523 | $315 |
| 30531 | $315 |
| 30535 | $315 |
| 30538 | $315 |
| 30563 | $315 |
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 $131 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 | $131 |
| USAA | $187 |
| Auto-Owners | $289 |
| State Farm | $303 |
| Nationwide | $388 |
| Country Financial | $391 |
| Farmers | $428 |
| Travelers | $481 |
| Allstate | $642 |
Methodology
Insurance.com compared renters insurance rates in 2022 provided by Quadrant Data Solutions for $40,000 personal property coverage with a $1000 deductible and $100,000 liability coverage for all available ZIP codes. ZIP codes were ranked based on the average rates for personal property coverage of $40,000, liability coverage of $100,000, and a $1,000 deductible and included good credit ratings. Content was updated in 2023.
