Homeowners Insurance in Sandy Springs, Georgia (2024)

There are over 180 home insurance companies licensed to write policies in Georgia. Our team at Clovered would like to help you choose the right one to protect your home, the most important investment most people make in their lives.

The average cost of homeowners insurance in Sandy Springs is about $1,684, with rates ranging from $1,202 to $2,403 for most people. Costs depend on home value, location, and other policyholder and property specifics.

While home insurance rates have increased across the Southeast in recent years due to hurricane activity, inflation, and other factors, Sandy Springs residents should be pleased to know that their average premiums are still below Georgia’s statewide average rate of $2,166 yearly.

Coastal cities tend to have higher premiums because of their increased risk of hurricane and flood damage from the Atlantic Ocean. Since Sandy Springs is inland, its rates are much lower than coastal cities.

You might pay higher premiums than average if you have a larger house, though. Bigger, more expensive homes need greater coverage amounts because they have higher replacement costs. The table below lists average rates in Sandy Springs by coverage amount.

Higher replacement costs increase the amount of dwelling coverage you need, which guards your home’s physical structure. Larger homes need more insurance, and the more insurance you need, the more coverage will cost.

Several other factors influence premiums, too, so you won’t know the exact premiums to expect until you get quotes. Additionally, rates vary by carrier since companies have different business strategies and underwriting methods affecting their prices. Overall, the home insurance market is quite variable, so you should always get multiple quotes before deciding on a policy.

Standard home insurance policies typically look the same despite likely price variations at all companies. Every plan includes distinct coverage areas for your property and liability, protecting much more than just your house. The usual coverages are outlined below.

Getting the best homeowners insurance in Sandy Springs requires an understanding of your coverage needs and budget. No single company is the best choice for everyone because each policyholder differs.

To ensure you get the best coverage for your circumstances, you should understand and adjust your policy details and shop around for your desired parameters.

You can and likely should tweak many of your policy’s details when quoting to tailor your plan to your needs so it provides optimal coverage. You can change your policy limits, deductibles, and coverage options.

Policy Limits: Every section of your policy has a maximum payout called a limit in case of damage. Ensure your policy limits are sufficient for your property. Your dwelling limit must be at least 80% of your home’s replacement cost, but you can raise it higher if your budget allows. Also, make sure to reassess your dwelling limit if you make major home renovations.

Make a home inventory to determine the worth of your belongings and inform the amount of personal property coverage you need. And, ensure your liability limits are high enough to financially protect your assets. We typically recommend between $300,000 and $500,000 in liability coverage.

Deductible: All policies have a deductible, which is an amount you must pay out-of-pocket when filing a claim. You choose your deductible, and options normally range from $500 to $2,000. Choosing a higher deductible will lower your premiums because it means you’re choosing to take on more financial responsibility for your property and lower your insurer’s responsibility. This makes you a lower financial risk to your carrier.

Endorsements: You can add protection to your policy beyond the default coverages with endorsements depending on your property needs. You can increase protection for certain valuables, home-based businesses, inflation guards, and more. They cost extra, but they may be worthwhile if your property is exposed.

Always get more than one quote when seeking Sandy Springs home insurance. It’s the only way to know you’re getting the best deal. You can see which company has the lowest rates. You can also assess their discounts, endorsements, and customer service.

Discounts are crucial. Always ask what discounts are available, and note if one company has more discounts that apply to you than another. Some common discounts include:

Flooding is the most prevalent natural disaster in Georgia. Due to its frequency and severity, insurers don’t cover flood damage in home insurance plans. You’d need a separate flood insurance policy to guard against the dangers of flooding.

Floods are costly. The National Flood Insurance Program (NFIP) reports that the average flood insurance claim was over $60,000 in the past few years, while the average home insurance claim in the same time frame was just over $15,000.

No property is totally safe from flooding. Residents of Sandy Springs living in the Nancy Creek Basin are at particular flood risk, with residents being ordered to evacuate ahead of Hurricane Helene in 2024. 

If you’re interested in flood insurance in Sandy Springs, our team at Clovered can help you find coverage from the NFIP or a private flood insurance carrier that we partner with.

Several factors affect the cost of home insurance in Sandy Springs, and they can be loosely grouped into considerations about your property and personal/policy decisions.

Carriers will ask several questions about your property when quoting. They usually want to know about: 

Home Age: older houses often have higher premiums than newer ones because older dwellings are more porne to damage. Their older components, such as roofing, pipes, and siding, more easily break down or fail as they age. Also, there is a greater chance of wear and tear causing issues on older properties.

Home Construction: Companies assess many details of your home’s construction. For example, certain roof types, like metal roofs, withstand wind damage better and often lead to lower premiums. Masonry houses better resist wind and fire damage and can have lower rates than houses built with wooden frames. 

Property Features: Features on your property also affect rates. For example, attractive nuisances, such as pools and trampolines, increase your liability risk and typically raise rates. On the other hand, having a security system, deadbolt locks, or SMART home features can earn discounts.

Companies also ask questions about you, the policyholder. Changes you make to your policy will also affect rates. For example:

Deductible: As mentioned earlier, raising your deductible can lower rates, and vice versa. You should also note if your policy has a hurricane deductible. 

Credit Score: People with low credit scores may have higher premiums because insurers are concerned about their history of making payments, leading them to charge higher premiums to offset the increased financial risk of missing payments.

Claims History: Carriers usually ask when quoting if you’ve filed any claims in the past three to five years with previous providers. People who have filed several claims in the past are more likely to pay higher rates because companies see them as larger financial risks.

With so many policy details and provider choices to keep in mind, getting homeowners insurance quotes in Sandy Springs may seem time consuming and a bit overwhelming. Don’t worry – our team at Clovered wants to make the process as easy as possible.

You can use our online quoting tool to compare plans from top home insurance companies in Georgia in just a few minutes. You can also call our licensed agents to quote over the phone at 833-255-4117 during business hours. Our team is always ready to help. 

You can also email us with questions at [email protected] for yet another option to get home insurance quotes in Sandy Springs.