Best and Cheapest Renters Insurance in Georgia for 2025 (Top 10 Low-Cost Companies)

Geico, USAA, and State Farm provide the best and cheapest renters insurance in Georgia, with rates starting at $12 per month, offering a balance of affordability, coverage, and perks.

Geico delivers budget-friendly protection with identity theft add-ons, while USAA includes flood and earthquake coverage for military families. State Farm stands out with loss-of-use benefits and customizable liability options.

Company	Rank	Monthly Rates	A.M. Best	Best For	Jump to Pros/Cons
	#1	$12	A++	Efficient Operations	Geico
	#2	$15	A++	Member Benefits	USAA
	#3	$18	B	Extensive Network	State Farm
	#4	$20	A++	Competitive Rates	Travelers
	#5	$22	A+	Online Discounts	Progressive
	#6	$24	A	Loyalty Rewards	American Family
	#7	$26	A	Customizable Plans	Farmers
	#8	$28	A+	Affordability Focus	Nationwide
	#9	$30	A+	Bundling Discounts	Allstate
	#10	$33	A	Flexible Coverage	Liberty Mutual

With Georgia's property crime rate at 22.5 per 1,000 residents, securing renters insurance is crucial for financial protection.

Shopping for insurance can feel overwhelming, but you don't have to do it alone. To begin, simply enter your ZIP code into our free comparison tool.

What You Should Know

• Geico is the top pick, offering renters insurance in Georgia from $12 per month with identity theft protection
• The best and cheapest renters insurance in Georgia includes coverage for theft, fire, and liability
• Renters can save with up to 25% discounts for bundling, security systems, and claim-free history

#1 – Geico: Top Overall Pick

Pros

• Lowest Rates in Georgia: Offers renters insurance in Georgia for $12 per month, making it the most affordable option among all providers.
• Identity Theft Protection: Includes $25,000 in identity fraud coverage, reimbursing for fraudulent transactions, legal fees, and lost wages.
• Superior Financial Stability: Rated A++ by A.M. Best, guaranteeing that 99% of claims are paid within 30 days. Discover insights in our Geico renters insurance review.

Cons

• No Scheduled Personal Property Coverage: Does not offer scheduled endorsements for high-value items like jewelry or collectibles.
• No Military Discounts: Unlike USAA and State Farm, Geico does not provide military-specific discounts for renters insurance in Georgia.

#2 – USAA: Best for Member Benefits

Pros

• Exclusive Military Perks: Includes flood and earthquake coverage at no extra cost, a $500 benefit for military uniforms, and waived deductibles for service-related losses.
• Lower Deductibles: Offers deductibles as low as $250, compared to the $500 minimum from most competitors. Unlock details in our USAA insurance review.
• Top-Tier Financial Stability: USAA is rated A++ by A.M. Best, indicating high dependability, with a 4.8/5 claims satisfaction score based on customer surveys.

Cons

• Military-Only Eligibility: Only available to active-duty military, veterans, and their families, limiting its accessibility to general renters in Georgia.
• Limited Policy Add-Ons: Lacks optional coverage such as identity theft protection, pet liability coverage, or additional high-value property endorsements.

#3 – State Farm: Best for Extensive Network

Pros

• Largest Agent Network in Georgia: Over 900 agents statewide, ensuring renters can get in-person assistance quickly.
• Loss-of-Use Coverage: Provides up to $1,500 monthly for temporary housing if a covered event damages a rental. Delve into our evaluation of the State Farm renters review.
• Expanded Liability Coverage: Provides $1 million in liability protection, exceeding the limits of most renters insurance in Georgia, covering medical bills and legal costs for injuries on the property.

Cons

• Limited Discounts Available: Unlike Progressive’s 12% bundling discount or Allstate’s 25% multi-policy savings, State Farm offers fewer opportunities for renters to lower their premiums.
• Weaker Financial Stability: A.M. Best assigns State Farm a B rating, indicating lower financial strength compared to Geico, USAA, and Progressive.

#4 – Travelers: Best for Competitive Rates

Pros

• Competitive Pricing: It offers renters insurance in Georgia for $20 per month, cheaper than Nationwide, Allstate, and Liberty Mutual.
• Green Home Discount: Up to 5% off is available for using energy-efficient appliances, smart thermostats, and LED lighting.
• Identity Theft Coverage: Covers $25,000 in losses, including stolen bank funds and fraudulent credit card transactions.

Cons

• Limited Agent Presence: Only 20 offices are in Georgia, requiring most renters to manage policies online or via phone. Access comprehensive insights into our Travelers renters insurance review.
• No Bundling Benefits: Unlike Allstate and Progressive, Travelers does not offer discounts for bundling auto and renters insurance.

#5 – Progressive: Best for Online Discounts

Pros

• Bundling Savings: In Georgia, renters can save up to 12% when they bundle their vehicle and renters insurance, making it one of the most significant multi-policy discounts available.
• Customizable Deductibles: Policyholders can customize their premiums based on their financial needs, with deductibles ranging from $250 to $2,000.
• Water Backup Protection: Offers optional coverage for sewage and drain backups, a common exclusion in standard renters policies.

Cons

• Limited High-Value Coverage: Standard renter's policies only cover up to $1,500 per item for jewelry, watches, and electronics, requiring separate scheduled endorsements for expensive valuables.
• Higher Deductibles for Theft Claims: Theft-related claims require a minimum deductible of $500, unlike Geico's lower $250 theft deductible. Discover more about offerings in our Progressive insurance review.

#6 – American Family: Best for Loyalty Rewards

Pros

• Loyalty Discounts: Provides renters who maintain three or more years of coverage with an automatic 15% discount on their renters insurance in Georgia.
• Identity Protection Coverage: Standard policies include $10,000 in identity theft protection, covering legal fees and financial fraud losses.
• Replacement Cost Coverage: Unlike actual cash value policies, this option reimburses renters for the replacement value of lost or damaged belongings without depreciation.

Cons

• Not Available in All Georgia Areas: American Family does not offer coverage in certain rural parts of Georgia, requiring renters to check availability.
• Limited Policy Customization: Offers fewer optional add-ons, such as no flood insurance endorsement, compared to USAA. Check out insurance savings in our complete American Family insurance review.

#7 – Farmers: Best for Customizable Plans

Pros

• Customizable Coverage Options: Allows renters to add scheduled personal property endorsements for high-value electronics, jewelry, and collectibles.
• Smart Home Discounts: Renters with smoke detectors, burglar alarms, and smart home security systems can save up to 10% on their renters insurance in Georgia.
• Personal Injury Coverage: This covers libel, slander, and defamation lawsuits, a feature not included by most renters' insurance companies. To find out more, explore our Farmers insurance review.

Cons

• More Expensive Than Competitors: Monthly premiums start at $26 per month, making it over 100% more expensive than Geico's $12 per month plan.
• Longer Claims Processing Time: Some Georgia renters report claims taking 30–45 days to resolve, while Geico averages 15–30 days.

#8 – Nationwide: Best for Affordability Focus

Pros

• Vanishing Deductible Program: Renters who remain claim-free for five years can lower their deductible by up to $250, reducing future out-of-pocket costs.
• Water Backup Protection: Covers up to $10,000 for damage from sewer or drain backups, an optional add-on with most competitors.
• Discount for Protective Devices: Renters who install deadbolts, fire alarms, or sprinkler systems receive up to 10% in policy discounts.

Cons

• Expensive Premiums: Starts at $28/month, which is more than double the cost of Geico’s $12/month plan. More information is available about this provider in our Nationwide insurance review.
• No Customizable Add-Ons for Electronics: Renters cannot purchase additional coverage for high-value laptops, cameras, or musical instruments, unlike Progressive.

#9 – Allstate: Best for Bundling Discounts

Pros

• Bundling Savings: Renters can save up to 25% when bundling auto and renters insurance in Georgia, which is the largest bundle discount among competitors.
• Identity Theft Restoration: Includes up to $50,000 in fraud reimbursement, covering legal fees, lost wages, and stolen funds.
• Extended Liability Coverage: Allows renters to purchase liability limits up to $1 million, significantly higher than State Farm's $500,000 maximum.

Cons

• Higher Base Premiums: Starts at $30 per month, making it one of Georgia's most expensive renters insurance policies. For additional details, explore our Allstate insurance review.
• Strict Underwriting Requirements: Properties with a history of water damage or mold may require additional inspections before approval.

#10 – Liberty Mutual: Best for Flexible Coverage

Pros

• Adjustable Deductibles: Allows renters to choose deductibles as low as $250 or as high as $2,500, tailoring premiums to fit budgets.
• Temporary Relocation Assistance: This program pays for hotel stays, food, and transportation if a covered event makes a rental uninhabitable.
• Mobile App for Easy Claims Filing: Renters can file claims, upload damaged photos, and track their claim status entirely through Liberty Mutual’s mobile app.

Cons

• Most Expensive Option: Premiums start at $33 per month, the highest-priced renters insurance in Georgia.
• Fewer Policy Customizations: No flood insurance add-ons, unlike USAA or Nationwide. Learn more in our Liberty Mutual renters review.

Comparing Renters Insurance Rates in Georgia

Renters insurance prices in Georgia can vary depending on what kind of coverage you need, how much protection you want, and what discounts you qualify for. While Geico keeps it super affordable at just $12 per month, some providers charge more because they include extras like identity theft protection, flood coverage, or loss-of-use benefits. If you're searching for cheap renters insurance in Georgia, it's important to compare coverage options rather than just looking at price.

Insurance Company	Monthly Rates
	$30
	$24
	$26
	$12
	$33
	$28
	$22
	$18
	$20
	$15

For renters seeking the most affordable option, Geico leads the market at $12 per month, making it the lowest-priced policy with standard liability and personal property protection. USAA follows at $15 per month, providing flood and earthquake coverage for military members at no extra charge. State Farm and Travelers, priced at $18 and $20 per month, respectively, offer higher liability limits and bundling discounts.

Progressive, at $22, and American Family, at $24 per month, provide customizable coverage with identity theft add-ons and multiple insurance deductible choices. Nationwide, at $28 per month, it features vanishing deductibles and water backup protection. Allstate, at $30, and Liberty Mutual, at $33 per month, rank as the most expensive options, reflecting their premium-tier benefits like extended liability and scheduled property endorsements.

Unlocking the Best Renters Insurance Discounts in Georgia

Getting affordable renters insurance in Georgia isn’t just about picking the cheapest rate—it’s about stacking as many discounts as possible and exploring ways to save money in insurance to reduce costs even further. Whether you bundle with auto insurance, qualify for a healthy lifestyle discount, get savings through your employer, or set up auto-pay, there are plenty of ways to lower your premium and keep more money in your pocket.

Insurance Company	Bundling	Healthy Lifestyle	Group/Employer	Auto-Pay
	20%	10%	12%	7%
	20%	10%	12%	7%
	18%	14%	10%	6%
	15%	12%	10%	8%
	15%	11%	10%	8%
	15%	12%	15%	8%
	12%	10%	15%	10%
	12%	11%	10%	5%
	10%	15%	8%	5%
	10%	10%	12%	5%

For renters looking to bundle renters and auto insurance, American Family and Allstate renters insurance offer the largest discounts at 20%, making them the best choices for multi-policy holders. Progressive follows closely at 18%, while State Farm, Liberty Mutual, and USAA provide a competitive 15% bundling discount. Geico stands out in healthy lifestyle incentives, offering 15% off for policyholders who maintain gym memberships or non-smoker status, compared to State Farm’s 12% and Liberty Mutual’s 11%.

Employer-based discounts vary, with USAA and Nationwide leading at 15%, giving military members and corporate employees the most savings opportunities. Auto-pay discounts can further lower premiums, with Nationwide offering the most at 10%, followed by State Farm, Liberty Mutual, and USAA at 8%. Using these savings guarantees that Georgia renters get the best renters insurance in Georgia without overpaying for coverage.

Key Coverage Options for Renters Insurance in Georgia

Renters insurance in Georgia offers more than just protection for personal belongings—it also provides financial security against liability claims, temporary housing costs, and medical expenses. Personal property coverage, liability protection, supplementary living expenses, and medical payments to others are all standard policies, but coverage varies greatly depending on the provider. Some insurers offer full replacement cost instead of actual cash value. In contrast, others include identity theft protection, which can cover losses of up to $25,000 for stolen funds and fraud-related expenses.

Insurance Company	Personal Property	Liability	Additional Living Expenses	Medical Payments to Others	Replacement Cost	Identity Theft Protection
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	❌
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	❌
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅
	✅	✅	✅	✅	✅	✅

Every major renters insurance provider in Georgia covers personal property, liability, additional living expenses, and medical payments to others, so you’re protected against things like fire, theft, and accidents in your rental. But not every company includes identity theft protection, which can be a deal-breaker if you’re worried about fraud. Geico and Progressive leave it out, while Allstate, American Family, Farmers, Liberty Mutual, Nationwide, State Farm, Travelers, and USAA all include identity theft protection, which can cover up to $25,000 in stolen funds or fraud-related expenses.

On the bright side, every provider on this list offers replacement cost coverage, meaning you’ll get the full cost to replace your belongings instead of a lower, depreciated value. If you’re looking for extra medical payment coverage, some companies offer higher limits of up to $5,000, which can help cover guest injuries or legal costs. Knowing things about renters insurance can help you select the best policy for your needs and budget.

Apartment Size and Monthly Rent in Atlanta

On average, renting an apartment in Atlanta costs $19 per month. The cost depends on your location within the city and the size of your apartment.

Atlanta is a musically diverse metropolis that also served as the birthplace of the American civil rights movement. If you're drawn to live in this city with southern charm and hospitality, be aware that the average monthly cost of rent is $19. Still, different areas of the town and the other regions of the city have different average monthly costs. Along with rent, another important expense to consider is renters insurance in Atlanta. For example, Brookwood Hills costs $20 on average per month, while Lake Claire costs $19 on average per month.

The type of apartment also plays a role in rent prices. A studio apartment costs an average of $19 per month, while a one-bedroom apartment is slightly lower at $18 per month. A three-bedroom rental averages $26 per month, offering more space at a higher price. In Atlanta, renters may also have to pay for renters insurance that is tailored to millennials. However, because renters insurance is usually reasonably priced—it averages $19 per month in Georgia—it's an economical method to safeguard possessions and cover liability concerns.

Renters Insurance for Georgia College Students

Whether attending the Georgia Institute of Technology, the University of Georgia, or one of the state's many other colleges or universities, you may live in an on-campus dorm or rent an off-campus apartment. There are a few things college students renting housing in Georgia should consider to protect their personal belongings.

The homeowner's insurance policy of their parents usually covers most college students living on campus. However, students who rent off-campus apartments are not included in this coverage. Since their possessions won't be protected under their parent's insurance, Georgia college students who live off campus should shop for Georgia home insurance to find a renters insurance policy that fits their needs. Without renter's insurance, they risk losing everything due to theft, fire, or unexpected events.

Since many college students share apartments with roommates, it might seem practical to share a renters insurance policy, but that's not a good idea. Each student should have a policy to ensure their personal belongings are fully covered. They won't be financially responsible for a roommate's lost or damaged property if anything happens.

Best Methods to Secure Affordable Renters Insurance Rates

While renters insurance is generally affordable, no one wants to overpay. Here are five smart ways to lower your premium and keep more money in your pocket, based on the top ways customers say they've saved money on renters insurance:

• Install Safety Features: Adding deadbolts, burglar alarms, and smoke detectors reduces risk and can qualify you for security discounts.
• Raise Your Deductible: Increasing your insurance deductible lowers your monthly premium, but be sure you can cover the out-of-pocket cost if needed.
• Ask for Discounts: Many insurers offer multi-policy, claims-free, and loyalty discounts, so always ask what savings apply to you.
• Bundle Your Policies: Combining renters and auto insurance with the same provider can lower your premium by up to 25%.
• Pay in Full: Paying your policy upfront instead of in installments can qualify you for a discount and avoid monthly fees.

One of the simplest methods to economize is to compare prices from various insurance providers, particularly if you own valuables like jewelry or musical instruments that may require more coverage. Make sure you know what's included in your policy so you don't get hit with unexpected costs and can get the best deal possible.

Understanding Clearsurance's Transparent Rating System

Since Clearsurance values openness, our insurance ratings and reviews aren't concealed behind a mysterious black box. Our algorithm considers important factors such as price, customer service, claims experience, and chance of renewal when evaluating candid input from insurance customers.

We also look at how many customers rate a company positively compared to those who feel it could improve. We apply a confidence factor based on the number of reviews to ensure accuracy. Companies with 100 or more reviews in the past two years get full weighting, while those with fewer reviews receive slight adjustments. For example, 50 to 99 reviews get a 95% weighting, 25 to 49 reviews get 90%, and companies with fewer than 25 reviews are weighted at 85%.

All Clearsurance ratings and rankings come directly from customer reviews, making them an unbiased source of information for choosing an insurance provider.

Renters insurance is a big topic online, and Reddit users love sharing their experiences. In a recent Reddit discussion, someone asked if USAA covers renters insurance for storage units, and the responses were helpful.

Comment
byu/thebrightestblue from discussion
inInsurance

From this Reddit thread, one thing is clear—knowing what your renter's insurance covers is super important. If you need coverage for storage units or high-value items, check your policy details to avoid surprises when filing a claim.

Another great option is State Farm renters insurance, which automatically includes storage unit coverage in the same policy. Plus, State Farm is way cheaper than many other providers, and you'll have a local agent you can call, text, or visit anytime.

Understanding Property Crime Statistics in Georgia

A standard renters insurance policy covers 16 risks, including theft, vandalism, and malicious mischief, helping protect renters from unexpected losses. But how does Georgia's crime rate stack up against other states? According to the FBI's latest data, here's how property crime in Georgia compares nationwide:

Crime Type	Reported Incidents	Rate per 100,000
Property Crime	184,522	1,771
Burglary	22,179	213
Larceny-Theft	135,954	1,305

Georgia has higher property crime rates than the national average, making it even more critical for renters to have enough coverage. Renters insurance provides theft coverage, ensuring that stolen personal belongings are replaced, whether the theft occurs at home or away from your rental. Check with your local insurance agent to see if your policy includes extra security features like a burglar alarm discount to stay protected. Not only can this help keep you safe, but it also provides peace of mind, knowing your home and belongings are covered.

This is also a great way to keep renters insurance low. By installing a deadbolt lock, burglar alarms, and smoke detectors in your apartment or house, you could be eligible for safe renters insurance discounts.

Affordable Renters Insurance Options in Georgia

Many renters misunderstand what their policy covers, so knowing what protection you’re getting is important before choosing a provider. Liability coverage, a feature of most renters insurance policies, helps cover medical costs and legal fees if a non-resident is hurt on your property.

If an event like a fire, water damage, or earthquake makes your apartment unlivable, some policies will cover temporary housing costs while repairs are made. Other policies include medical payment coverage, increased property damage limits, and optional features such as identity theft protection, earthquake insurance, and scheduled personal property coverage for valuables.

Since coverage varies between providers, it’s smart to shop around. Geico has renters insurance starting at $12 per month, while USAA gives military members added protection, including flood and earthquake insurance, at no extra cost. To find the best coverage at the lowest price, get a renters insurance quote by entering your ZIP code to obtain the lowest prices in your area.