Georgia Homeowners Insurance: Where to Get the Best Rate
Are you looking for home insurance in Georgia? Do you want to get the best rate with one of the best companies? That is how…
Home insurance in Georgia
In addition to a house fire, there are a number of other catastrophes that can cause you to lose your Georgia home. Thanks to global climate changes, floods and hurricanes are occurring more frequently than ever, and theft and vandalism are on the rise.
Georgia homeowners insurance can protect you from these events and more. This is what is covered:
* Structure of the house – Home structure coverage pays to rebuild or repair your home when it is destroyed or damaged by fire, theft, vandalism, or acts of nature. Most policies do not cover flood or hurricane damage, so if you live in a flood or hurricane zone, you will need to get additional insurance.
The amount of insurance you need to cover your home is the amount of money it will cost you to rebuild it. Ask a local builder or real estate agent what the construction cost per square foot is in your area, then multiply that number by the square footage of your home to get the amount of coverage you should have.
* personal property – Personal property coverage pays to replace the contents of your home: furniture, appliances, electronics, tools, kitchen utensils, sports equipment, clothing, jewelry, etc.
To estimate how much personal property coverage you need, take an inventory of everything you own and include the value of each item. Full value is the amount of coverage you must have. Some policies may not cover expensive items like jewelry, antiques, and certain types of collectibles, so you may need to get additional insurance for these items.
* Loss of use – Loss of use coverage pays for your meals, hotel bills and other expenses when you are forced to move from your home, due to fire or other causes, while your home is being repaired.
* Responsibility – Liability coverage pays for medical expenses and damages when someone is injured on your property. It also pays your legal bills if you are sued.
Most people have $100,000 of liability coverage, but if you have a lot of assets you want to protect from a lawsuit, you should get enough liability coverage to protect those assets.
How to get the best rate on homeowners insurance in Georgia
Because homeowners insurance rates can vary by $1,000 or more from company to company, the best way to get the best rate on Georgia homeowners insurance is to shop around.
There are comparison websites where you can get quotes from a number of different companies. All you have to do is fill out a simple form with information about the type of insurance you want, wait for your quotes, and then choose the best one.
Some of these sites offer information on how to save money on your insurance. They also have online chat services where you can get answers to your insurance questions from an insurance expert. (See link below.)