Chickamauga, GA Homeowners Insurance Rate Quotes!
In the great city of Chickamauga there are 3,101 people living in a variety of different property types. Some of you in Chickamauga are building your first single-family home. While others are looking for affordable home insurance quotes on your existing home or condo. While there are about 6,248 homes in the Chickamauga area, many of the ones that are currently occupied are in need of lower rates and better home insurance coverage. In the majority of these Chickamauga neighborhoods, the average family size is around 3 residents per house.
In Chickamauga, the average income per household is around $55,321. While this is a fairly high number, it is slightly below the national median. Luckily, the cost of owning a home in Chickamauga is fairly cheap, the average home price on the real estate market today is $119,900. Many residents living in Chickamauga like to use our online home insurance shopping service to get upfront rates before buying there first home. If you are shopping for a house, simply use our online quoting application to compare multiple rates for each "dream" house on your list. Our free consultation process helps you quickly review the best carrier and premium so you know the exact cost of home insurance. Some carriers are competitive in different areas, so if you are thinking about certain zip codes in Chickamauga, we help you decide which home will have the most affordable rates.
Chickamauga, GA Demographics and Household Facts
The city of Chickamauga is roughly around 3,101 residents in population growth with 1198 occupied homes within the city of Chickamauga. The average family household in Chickamauga is 844.
| Demographic | Values |
|---|---|
| Population | 3,101 |
| Total Occupied Homes | 1198 |
| Family Households (families) | 844 |
| Average Owner Occupied Household Size | 2.58 |
| Average Family Size | 3.09 |
| Total Housing Units | 1354 |
Home Insurance In Chickamauga Is Lower Than Expected - Review Averages!
With the local real estate market booming, what better way to shop rates and coverages than with us at GetHomeInsuranceQuotes.com of Chickamauga. Average rates are around $1,032 per year. You can get rates as low as $782 per year. Larger homes in this area pay around $1,332 per year due to higher replacement cost coverage also known as dwelling coverage. This helps cover your expenses if you ever need to rely on your insurance company to replace or rebuild your home. This compares very favorably with the national average, which is $1,311 according to the latest data.
Georgia is now ranked number 15 in the United States for annual home insurance rates.
When it comes to Georgia home insurance, there are a variety of different policy types and each one is written for a certain type of home, condo or apartment. Having the right policy type is key to protecting your most valuable investment, your home.
Here is some information about the most common home insurance types in Chickamauga:
| Type | Description |
|---|---|
| HO-3 | The HO-3 is the most common type of home insurance coverage. The majority of homeowners carry this type of policy and it covers damage that is caused by all perils unless they are excluded within the policy. Damages that are caused by floods or earthquakes is always excluded on an HO-3 policy but there can be other exclusions as well. Make sure you ask the right questions and take the time to review your policy so you know what is covered. |
| HO-6 | Condos are a very popular housing option in Chickamauga. In addition to condos, it also protects co-ops. This insurance offers coverage for your personal belongings as well as the components of the building that you actually own. |
| HO-8 | Chickamauga is lucky to have a fair number of historical homes and if you own one, you may need a HO-8 policy. These policy types are specific to older homes where the replacement cost of the house may actually exceed the cash value of the home. These policies are affordable because the payout levels are less than the actual replacement cost of the house. In most cases, the need for an HO-8 policy arises when the house is more than 40 years old and doesn’t qualify for a HO-3 policy. These policies only cover 11 perils. |
| HO-4 | This policy type was designed for people that rent an apartment. It is often referred to as renters insurance. An HO-4 policy will pay out for damage to your personal property in your apartment and it also offers liability protection in the event that someone is injured in your apartment. |
Compare Homeowners Insurance Rates in Chickamauga, GA!
Get up to 12 competitive Chickamauga, GA homeowners insurance rates all in one place! |
Our Quoting Service in Chickamauga
We have been working with the top rated ("A+" A.M.) Georgia home insurance carriers for years and we can help you find the best coverage at an affordable price for your home in Chickamauga, GA.
It’s important when shopping for insurance to work with carriers that are dependable and financially secure. Our top-rated carriers include Liberty Mutual, Safeco Insurance, Tower Hill, ShoreOne, Kind Group Underwriting, AIG, Chubb, Travelers, National General, Heritage Insurance and the Georgia Underwriting Association
Compare and Save on Georgia Homeowners Insurance Today!
Average Rates Nearby Chickamauga
Are you looking for homeowners insurance in a city near Chickamauga? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!
- Flintstone, GA Home Insurance Quotes
- La Fayette, GA Home Insurance Quotes
- Lookout Mountain, GA Home Insurance Quotes
- Rock Spring, GA Home Insurance Quotes
- Rossville, GA Home Insurance Quotes
Home Insurance Rates by Zipcode in Chickamauga, GA
Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Chickamauga.
Chickamauga, GA Home Insurance Average Premiums
$782 /yr.
For the city of Chickamauga, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.
| Coverage Amount: | Annual Premium |
|---|---|
| 1800 sq. ft. or below (discounts applied) | $782 /yr. |
| Average Coverage: | $1032 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1332 /yr. |
What is the average home insurance cost for a home in Chickamauga, GA?
- • The average homeowners insurance premium paid annually for a home in Chickamauga is around $1032 per year.
What does it cost on average per month for home insurance in Chickamauga, GA?
- • Homeowners in Chickamauga pay an average cost per month around $86.00 for insurance coverage.
Chickamauga, GA - 2023 Housing Information
| Month | Current Home Value (2023) | Last Year Home Value (2022) |
|---|---|---|
| January | $213,963 | $195,852 |
| February | $216,345 | $199,701 |
| March | $219,198 | $203,114 |
| April | $220,568 | $205,826 |
Homeowners insurance will help cover the cost to repair or replace your Chickamauga home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:
- Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Chickamauga
- Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
- Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
- Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
- Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Get up to 12 competitive Chickamauga, GA homeowners insurance rates all in one place! |
Saving Money Tips on Chickamauga Home Insurance
A great way to save money on Chickamauga homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:
- Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
- Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
- Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
- Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.
Are you shopping for the best rate near or wihin the Chickamauga area? Check out what homeowners are paying on average for Georgia homeowners insurance.
Elevation Review for Coastal Wind or Flooding Risk
| Elevation | Details | Homeowners Tips |
|---|---|---|
| 857 ft. | This is the average home elevation in Chickamauga, GA | Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local Georgia flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954. |
To get online quotes on your home and compare rates on home insurance premiums in Chickamauga, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Walker County.
Georgia Homeowners Insurance News & Information
-
Homeowners Prepare for Rate Increases Later This Year Posted on Monday 27th June, 2022
In most states, home insurance rates are headed up this year and homeowners should be prepared for further rate increases before the end of the year. According to a recent S&P Global Market Intelligence report, over 177 insurance carriers have filed requests for rate increases in 43 states, Arizona alone has seen 34 rate increase requests. […]
-
Hurricane Isaias is on the same track as Hurricane Dorian – What can we expect? Posted on Wednesday 5th August, 2020
Hurricane Isaias is on roughly the same track as Hurricane Dorian and is the first hurricane to hit the Bahamas since Dorian stalled over the islands as a Category 5 monster killing dozens of people and causing massive destruction. Here is a quick overview of both storms as well as a few tips on how […]
-
Georgia Coastal Home Insurance Coverage & Rates Posted on Wednesday 2nd October, 2019
Windstorm insurance is not a required coverage in Georgia, but if you live on the coast, it is certainly an insurance you should consider. In many coastal areas your mortgage lender will require that you carry a windstorm policy to make sure your home (and their investment) is full protected. Windstorm policies are designed to […]
-
Coastal Homeowners in Denial: FEMA urges homeowners to buy flood insurance Posted on Monday 23rd September, 2019
Congress is getting ready to send President Donald Trump the thirteenth 60-day extension of the National Flood Insurance Program (NFIP) as the current one expires at the end of September. The NFIP has been in serious financial trouble for years but Congress has been unable to agree on how to fix the ailing program. The […]
-
Thousands of Homeowners in the path of Hurricane Dorian Cancelled Their Flood Insurance Posted on Wednesday 11th September, 2019
According to a recent analysis by E&E News of government data, tens of thousands of homeowners who were in the path of Hurricane Dorian dropped their flood insurance in recent years. The analysis found that both homeowners and owners of commercial buildings have been giving up their flood insurance policies despite the fact that their […]
Chickamauga, GA Dwelling Coverage Estimate
It is important to calculate your dwelling coverage for your home in Chickamauga so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.
Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.
What is the average replacement cost coverage in Chickamauga, GA?
- The average square footage in Chickamauga is around 983 Sq. Ft. which would cost you around $119,900 to replace the home if you base the home on the price to build per square foot of $122.
Minimum Replacement Cost Total: $119,900
Location: Chickamauga, Georgia (Walker County)
Average Building Cost Per Square Foot in Chickamauga: $122 (low end)
Average Square Footage in Chickamauga: 983 Sq. Ft.
| Home Improvement Status | Price per Sq. Ft. | Dwelling Coverage |
|---|---|---|
| None or Very Minor Improvements | $122 | $119,900 |
| Some Additional Upgrades | $153 | $149,875 |
| Major Home Updates or Advancements | $183 | $179,850 |
The dwelling coverage is calculated by the average cost per square foot ($122) in Chickamauga, Georgia times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $381,250 (Media price to build of $153 x 2500 sq. ft.) to cover the cost to rebuild your new home.
What is the difference between actual cash value and replacement cost value?
Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:
Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.
Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.