Homeowners Insurance in Johns Creek, Georgia (2024)

If you’re a homeowner in Johns Creek, ensure your house is safeguarded at all times with the proper homeowners insurance. If you want some help ensuring your coverage is ideal, use this guide that answers many common questions residents have when seeking home insurance in Johns Creek.

The average cost of homeowners insurance in Johns Creek is $1,616, which is about 25% below Georgia’s average statewide premium of $2,166 yearly. However, many factors affect rates, so you may find a different number once you get quotes.

Many factors determine the cost of home insurance, and one of the most critical ones is location. Johns Creek is over 200 miles inland and far from Georgia’s Atlantic coast. This is likely beneficial for insurance rates in the city and one of the reasons they’re below the state average.

Coastal properties in the Southeast are more prone to direct hits from hurricanes and tropical storms, increasing the possibility of wind and flood damage. These events are very costly for insurers, so they charge higher premiums on homes near the ocean to offset the greater likelihood of financial loss on these properties. Since Johns Creek isn’t near the coast, it has lower premiums.

Another significant rate factor is home value. You need to increase your coverage amounts if you have a larger, more expensive home. Logically, the more insurance you have, the more it costs. The following table shows average home insurance rates in Johns Creek for three common coverage amounts.

Carriers typically determine your needed coverage amounts based on your home’s replacement cost, which is the potential cost to rebuild based on construction, material, and labor expenses. It’s not the same as your house’s market value, but more expensive houses to build usually cost more to sell, so there is a correlation.

However, it’s important to know that rates vary by company and depend on many other factors, so you should always compare quotes from multiple providers to save money and find the cheapest home insurance in Johns Creek.

A typical home insurance policy protects much more than just your house. Normal coverage areas and usual limits are outlined below.

Dwelling Coverage: Pays for covered peril damage to your home’s structure and components, including the roof, walls, balconies, plumbing, and more. As stated earlier, your dwelling coverage limit is normally based on your home’s replacement cost.

Other Structures Coverage: Covers fixtures on your property that aren’t attached to your main house, such as sheds, fences, pools, carports, and detached garages. 

Your other structures limit is typically 10% of your dwelling coverage limit. So, if you’ve got $300,000 in dwelling coverage, your other structures coverage amount would be $30,000 by default.

Personal Property Coverage: Guards your possessions, including furniture, clothes, electronics, tools, jewelry, and more, from covered perils and theft. 

Companies often estimate your personal property at around 50% of your dwelling limit. So, if your dwelling limit is $300,000, carriers may suggest $150,000 in personal property coverage. However, you can determine the exact amount of personal property coverage you need with a home inventory.

Loss of Use Coverage: Reimburses you for living expenses you’d incur if a covered peril damages your home so badly that you must temporarily relocate while it’s rebuilt or repaired. Your insurer can cover hotel stays, groceries, storage fees, and more. 

Liability Coverage: Can pay for medical bills, legal fees, and more if you’re found responsible for someone’s injuries or property damage in court. Liability limits usually start at $300,000, but you can raise your limits up to $1 million if needed.

Medical Payments Coverage: Helps pay for minor medical expenses if someone gets hurt around your property, regardless of fault. Medical payments often range from $2,000 to $5,000.

There’s no single best insurance carrier that provides the best homeowners insurance in Johns Creek. It’s hard to recommend an out-and-out best choice for everyone because every policyholder differs based on their coverage needs and budget.

Instead of looking for the best company, you should understand how your plan works so you can shop around your desired parameters among multiple providers to find the best deal. We recommend knowing how to adjust your policy limits and potentially add coverage to protect your property as well as possible. Then, shop around to find the best carrier, noting rates, customer service, and other characteristics you value, like discounts and endorsements. 

You can adjust the coverage areas in your plan based on your needs. For instance, we always recommend maintaining a home inventory to know the precise amount of personal property coverage you need. This can prevent you from overpaying for unneeded coverage and underinsuring yourself. It’d also come in handy during a claim.

Ensure you have enough liability coverage to guard your assets. Most people opt for between $300,000 and $500,000 in liability coverage, but you might want to increase your limits if you have significant financial assets or a high net worth.

Your dwelling coverage limit is based on your home’s value, but some companies offer guaranteed or extended replacement cost coverage that can financially guard your home for more than its worth, which protects against inflation and other unexpected costs when rebuilding. 

Adjusting your limits can help you save money and protect your property as much as possible. You can also add coverages to your plan for certain items and perils not included by default through endorsements or riders. Endorsements cost extra, but some people may want them for the best coverage possible. Some common endorsements include:

Scheduled Personal Property Coverage: Protects valuables like jewelry, artwork, and memorabilia beyond the limited coverage provided by default. In most policies, any belongings worth over $2,500 or $5,000 dollars aren’t fully insured by standard limits.

Water Backup Coverage: Protects against property damage caused by water backup from sewers and pipes, which is normally excluded by default.

Mold Endorsements: Mold damage is either totally excluded or covered bery minimally by normal plans. Some companies offer mold enorsements that increase protection and help cover costs of damage and possible remediation.

Equipment Breakdown Coverage: Damage caused by the failure of an appliance caused by a mechanical or electrical issue, like a power outage, is usually excluded by standard plans. You can get equipment breakdown coverage to protect against this occurrence.

Also, we want to note that flooding isn’t covered by home insurance, so you will need separate flood insurance if you’re concerned about the dangers of flooding. The city website reports that about 6% of properties are within a high-risk federally designated flood zone, but flooding can affect all properties, so it wouldn’t hurt to consider a policy.

You shouldn’t sacrifice protection for price when getting insurance coverage. Guarding your home sufficiently should always be the priority. Nevertheless, there are ways to save on coverage, such as raising your deductible, qualifying for discounts, and, most importantly, shopping around.

Raise Your Deductible: When quoting, you select your deductible, which is the amount of money you must pay out of pocket if you file a claim. Deductibles often range from $500 to $2,000. Choosing a higher deductible will lower your premiums. This is because it puts you on the hook for more of the cost of a claim, which benefits the insurer, thus lowering your risk level and premiums. 

Raising your deductible is the most direct way to lower your premiums. However, be wise when doing this. Don’t choose a deductible you can’t afford, or else you’ll never be able to file a claim.

Seek Discounts: Discount type and extent vary by carrier, so you should always check when and how you can qualify for discounts that reduce your premiums when quoting.

Some common discounts include those for new house construction, wind mitigation, occupation status (student, retiree, or military veteran), and home security systems.

Shop Around: Shopping around and comparing quotes gives you the best chances of securing the cheapest home insurance in Johns Creek. Comparing multiple quotes is the only way to be sure that you’re finding the best rate. You can also see which companies have better customer service, discounts, or endorsements that appeal to you.

No, homeowners insurance in Johns Creek isn’t required by law, but mortgage lenders mandate coverage as part of home loans. So, if you have a mortgage, you’ll need home insurance. 

Lenders require coverage to protect their investments. If you didn’t have an insurance policy, the lender would have no way to recoup the money they put down on your house if it got destroyed. In case of covered peril damage, the insurance provider would reimburse the homeowner and the mortgage lender.

As we’ve mentioned, insurance companies analyze several variables when underwriting to determine premiums. Some of them have to do with your property’s features and construction, while others are more focused on you as a policyholder.

Companies will assess aspects of your home’s construction, such as building materials. Houses made from brick or concrete withstand wind and fire damage better than wooden-framed homes and often have lower premiums. Also, having wind mitigation features on your home goes a long way in reducing premiums. Attractive nuisances, such as pools and trampolines, can raise rates.

Carriers will also note some details about you as a policyholder. For example, having a lengthy claims history often raises your rates, as providers are wary of someone who has filed several claims. People with lower credit scores also tend to have higher premiums.

Compare home insurance quotes in Johns Creek with our free online quoting platform. As an independent insurance agency, we partner with Georgia’s top providers and can bring you your best options at once in minutes.

If you want to chat with our licensed agents while quoting online, they’re only one click away. You can also call them to quote entirely over the phone at  833-255-4117 during business hours. We’re always on standby, ready to help you with your Johns Creek homeowners insurance quotes.