The Best Cheap Renters Insurance in Georgia (2025)
State Farm has the cheapest renters insurance in Georgia, at $21 per month, on average.
Compare Cheap Renters Insurance Quotes in Georgia
Best Cheap Renters Insurance in GA
Our editors rated renters insurance companies based on quality of service and coverage options, in addition to cost. To find the best cheap renters insurance in Georgia, ValuePenguin collected 175 renters insurance quotes across 25 of the largest cities in the state.
Cheapest renters insurance in Georgia
State Farm offers the cheapest renters insurance in Georgia.
A policy from State Farm costs around $19 per month.
Allstate and Amica are other affordable options with rates cheaper than the state average.
Compare Cheap Renters Insurance Quotes in Georgia
The average renters insurance cost in Georgia is $35 per month.
Renters insurance in Georgia is expensive compared to the rest of the country. Renters insurance rates are lower in neighboring Florida ($26 per month) and Alabama ($32 per month). This could be because Georgia has higher-than-average property crime rates.
Best affordable renters insurance in Georgia
Company | Monthly cost | ||
|---|---|---|---|
| State Farm | $21 | |
| Allstate | $26 | |
| Amica | $31 | |
| Assurant | $32 | |
| Lemonade | $37 | |
Best renters insurance in Georgia for most people: State Farm
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Cost$21/moThis analysis used home insurance quotes for 25 ZIP codes across the state. Full methodology.
Best customer service for Georgia renters: Amica
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Cost$31/moThis analysis used home insurance quotes for 25 ZIP codes across the state. Full methodology.
Best coverage options: Assurant
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Cost$32/moThis analysis used home insurance quotes for 25 ZIP codes across the state. Full methodology.
Georgia renters insurance rates by city
Albany, a town in Southwest Georgia, has the cheapest renters insurance compared to other major cities in Georgia.
A renters insurance policy costs around $25 per month in Albany, which is $10 per month less than the Georgia average.
Gainesville, a suburb in Northeast Atlanta, is the most expensive city for renters insurance in Georgia.
The average cost of renters insurance in Gainesville is $56 per month, which is $21 per month more than the statewide average. This could be because Gainesville has high property crime rates.
Average renters insurance in Georgia by city
City | Monthly rate | % from average |
|---|---|---|
| Albany | $27 | -20% |
| Alpharetta | $34 | 2% |
| Athens | $29 | -15% |
| Atlanta | $38 | 14% |
| Augusta | $27 | -21% |
Renters insurance rates vary by more than $30 per month across the 25 largest cities in Georgia.
Your bill might be lower if you live in an area with a low crime rate, or higher if you live far from a fire station. That's because insurance companies consider how likely you are to file a future claim when calculating your insurance rates.
How to find cheap renters insurance in Georgia
To find the most affordable renters insurance in Georgia, you should make sure you have the right coverage, shop around for multiple quotes and look for discounts.
Make sure you're buying the right amount of coverage. It's important that you take the time to inventory your stuff before shopping for renters insurance. That way you know how much money you need to replace all of your belongings after a major emergency, like a house fire.
The amount of personal property you have is typically one of the largest factors in how much you pay for renters insurance. You don't want to pay for coverage you don't need. But having too little coverage could result in a big bill if you have to replace your stuff.
Compare quotes from multiple companies. There's a difference of $32 per month between the most and least expensive renters insurance companies in Georgia.
In addition, all companies calculate renters insurance rates differently. Some place more value on your insurance history, while others might focus on the structure of your home. For that reason, the cheapest company for you may be different from your neighbors, friends or family.
Look for discounts. Renters can typically get the largest discount by bundling their auto and renters insurance policies with the same company.
Some companies offer discounts that are easy to get. For example, you may save money by choosing automatic payments or signing up to get your bills via email. You may also get a discount if you haven't filed a renters insurance claim in the last three to five years.
What renters insurance do I need in GA?
Renters across Georgia should make sure they have protection against hurricane damage. Hurricanes can affect both coastal Georgia and inland areas. Tornadoes can also cause damage to homes across the state.
Does Georgia renters insurance cover hurricanes?
Renters insurance typically protects against most types of hurricane damage, including wind, hail and lightning.
Renters near the coast may have a separate deductible for damage caused by named hurricanes and tropical storms. That means you could end up paying more than one deductible, depending on the cause of damage.
Your hurricane deductible is usually higher than your regular deductible. So be prepared to pay more if a hurricane damages your stuff.
Renters insurance doesn't cover flood damage. If you live near the coast, a lake or river, or your home is in a low-lying area, you should consider buying a separate flood insurance policy.
Does renters insurance in Georgia cover tornadoes?
Renters insurance typically covers wind and hail, which are the main types of tornado damage.
However, if your area has frequent tornadoes, your policy may have a separate wind insurance deductible. That means you may have to pay two deductibles if your stuff is damaged by both wind and another type of destruction, like lightning.
Georgia renters insurance trends
Renters insurance prices have gone up 9.1% in Georgia over the last six years.
Georgia renters insurance rates went up between 1.0% and 47.2%, depending on the company, over the last six years.
Renters insurance prices, on average, saw little to no increase between 2020 and 2022, but jumped up by 4.5% across 2023 and 2024.
Among the major GA insurers, the biggest increases have been at Chubb (47.2%), United Services Automobile Association (34.7%) and Liberty Mutual (31.3%).
Renters insurance rate change data was compiled using RateWatch from S&P Global, which uses information from the National Association of Insurance Commissioners (NAIC).
Frequently asked questions
How much is renters insurance in Georgia?
The average cost of renters insurance in Georgia is $35 per month. That's $9 per month more than neighboring Florida, and $3 per month more than Alabama.
Is renters insurance required in Georgia?
There's no law in Georgia that requires you to get renters insurance. However, some landlords may require you to get insurance as a part of your lease.
How much is renters insurance in Atlanta, GA?
The average cost of renters insurance in Atlanta is $38 per month. Atlanta renters can typically find cheaper rates with State Farm, Assurant, Allstate and Amica.
Methodology
ValuePenguin collected 175 renters insurance quotes from seven of the top insurance companies in Georgia from 25 major cities or areas around the state. Rates are for a 30-year-old single woman who lives alone and has no recent renters insurance claims.
Quotes include the following coverage limits:
- Personal property coverage: $30,000
- Personal liability: $100,000
- Loss of use: $9,000
- Medical payments: $1,000
- Deductible: $500
ValuePenguin experts selected top picks by analyzing rates, customer service and coverage options. Renters insurance star ratings are based on the National Association of Insurance Commissioners (NAIC) Complaint Index, the J.D. Power renter insurance customer satisfaction index and ValuePenguin's editors' rankings.
About the Author
Senior Writer
Lindsay Bishop is a Senior Writer at ValuePenguin, where she educates readers about home, auto, renters, flood and motorcycle insurance.
Lindsay began her career in the insurance and financial industry in 2010. She was a licensed auto, home, life and health insurance agent and held Series 6 and 63 financial licenses.
After a hiatus from the financial sector, Lindsay returned to the industry as a content writer for ValuePenguin in 2021. She enjoys having the opportunity to help readers make smart decisions about their insurance so they can be prepared for anything life throws their way.
When Lindsay isn't writing about insurance, you can find her spending time with family, enjoying the outdoors on Sunday long runs or riding her Peloton.
How insurance helped Lindsay
As a homeowner for 15 years located in South Carolina, Lindsay has plenty of experience navigating the coastal insurance market and managing the claims process. That includes successfully negotiating a full roof replacement claim.
Expertise
- Home insurance
- Car insurance
- Flood insurance
- Renters insurance
- Motorcycle insurance
Referenced by
- CNBC
- Yahoo Finance
- Miami Herald
Education
- BS/BA Economics, University of Nevada Las Vegas
Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It has not been previewed, commissioned or otherwise endorsed by any of our network partners.
