Albany Insurance Rates:

Albany, GA home insurance is approximately $733 to $996, about $61-$83/month. Our all inclusive research shows customers can save as much as $345 by comparing multiple quotes

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Albany Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
State Farm
Home Insurance Rate of $410/9 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $185,000

3 Beds, 3 Bath 2310 sqft Vacation Property Constructed In 2001 with Carpet Flooring, Asphalt Shingles Roof, Chainwall Foundation, Vinyl siding, Stucco Construction. Home Features Include Central Air Conditioning, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

40 Years old Single Male who is Unemployed and has 3 Pets and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $200/5 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $180,000

4 Beds, 4 Bath 2700 sqft Primary Residence Constructed In 1964 with Wood Flooring, Shingles Roof, Chainwall Foundation, Brick siding, Stucco Construction. Home Features Include Central Air Conditioning, Fire Extinguisher, Copper Water Pipes, Smoke Alarm, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

43 Years old Married Male who has a Full Time Job with household income of $75-$100,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $460/7 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $220,000

4 Beds, 4 Baths 2710 sqft Seasonal Residence Constructed In 1995 with Linoleum, Wood Shake Roof, Piers Foundation, Stucco siding, Stucco Construction. Home Features Include Copper Water Pipes, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

58 Years old Married Male who is Unemployed with household income of less than $25,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 650-699 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $210/4 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $160,000

4 Beds, 4 Bath 2290 sqft Vacation Property Constructed In 1997 with Wood Flooring, Metal Roof, Chainwall Foundation, Fiber-Cement Siding, Wood Frame. Home Features Include Deadbolt Locks, Fireplace, Fire Extinguisher, Central Air Conditioning, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

31 Years old Married Female who is Unemployed and has 1 Pet and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 500-549 Credit Score

Home Insurance Rate of $280/9 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $110,000

4 Beds, 4 Bath 1780 sqft Rental Property Constructed In 2000 with Ceramic Tile Flooring, Slate Shingles Roof, Crawl Space Foundation, Stucco siding, Wood Frame. Home Features Include Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

58 Years old Married Female who has a Part Time Job with household income of $25-50,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $380/6 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $150,000

4 Beds, 4 Bath 1840 sqft Rental Property Constructed In 1992 with Linoleum, Composition Roof, Piers Foundation, Brick siding, Metal Frame Construction. Home Features Include Fireplace, Indoor Sprinklers, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

24 Years old Single Female who is Unemployed and has No Pets and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 600-649 Credit Score

  • Seniors staying at home

Home Insurance Rate of $170/3 months for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $165,000

3 Beds, 3 Bath 2180 sqft Rental Property Constructed In 1964 with Ceramic Tile Flooring, Slate Shingles Roof, Chainwall Foundation, Stone Siding, Stucco Construction. Home Features Include Fireplace, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

29 Years old Married Female who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

Home Insurance Rate of $170/4 months for $75000-$100000 Coverage
Policy Holder Home Details :

Home Value : $85,000

2 Beds, 2 Bath 1050 sqft Rental Property Constructed In 2001 with Hardwood Flooring, Wood Shake Roof, Crawl Space Foundation, Vinyl siding, Brick Frame. Home Features Include Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

66 Years old Divorced Male who is Retired and has No Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

Home Insurance Rate of $80/2 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $120,000

3 Beds, 3 Baths 1780 sqft Primary Residence Constructed In 1990 with Linoleum, Metal Roof, Chainwall Foundation, Stone Siding, Stucco Construction. Home Features Include Fire Extinguisher, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

62 Years old Divorced Female who is Retired and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 650-699 Credit Score

Home Insurance Rate of $160/3 months for $100,000-$125,000 Coverage
Policy Holder Home Details :

Home Value : $130,000

3 Beds, 3 Baths 2016 sqft Primary Residence Constructed In 1981 with Carpet over wood flooring, Shingles Roof, Crawl Space Foundation, Vinyl siding, Wood Frame. Home Features Include Copper Water Pipes, Central Air Conditioning, Swimming Pool, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

66 Years old Divorced Female who is a Freelancer with household income of more than $150,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 0-25% through paying our mortgage

  • 750-799 Credit Score

Albany, GA Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
31701 $81,000 $860
31707 $110,800 $880

Albany Rates & Quotes Analysis:

Albany Area Estimated House Insurance
E Alberson Dr, W Residence Ave, Holly Dr, N Carroll St, Rena Ave, Meadowbrook Ln, Kiokee Creek Ct, Doncaster Dr, Champion Ln, McIntosh Rd$912
The Circle, Mohawk Ct, E Tift Ave, Blue Ct, Wellington Dr, Wright St, Queens Rd, Duning Ln, Desert Ct, Crescent Dr$898
Crossbow Ct, Willis Dr, Columbia Ln, Wallington Dr, Hemlock Dr, Willow Wood Dr, Saint Andrews Dr, Curtis St, Empire Ave, Plum St$865
Higgins Dr, Rio Vista Ct, S County Line Rd, Wilder St, Ivy Ln, 15th Ave, Wheeler Ave, Hillside Ave, Sheila Ave, Upland Ct$853
Shoreham Dr, Lynn Ln, Maxwell Dr, Toni Lynne Ln, Cannon Ave, E Matthews Blvd, Regalwood Dr, Stoneridge Dr, Timber Ln, Patricia Dr$841
Crittenden Ln, Gadsden Dr, Churchill Dr, Manchester Dr, Malone Ave, Holly Dr, Dobbs Dr, Ashford Dr, Polaris Ln, 7th Ave$899
Savannah Ct, N Jefferson St, 10th Ave, Elsom St, Old Jim Davis Rd, Brookhollow Pkwy, S Shadowlawn Dr, Groveland Rd, 10th Ave, Morehouse Ln$859
Walker Ducker Station Rd, Kenworth Dr, Thrasher Ave, Turner Field Rd, N Cherokee Dr, Oliver Dr, Lines Dr, Mc Cray Dr, Walnut St, Flynn Ct$850
N Jackson St, Cedar Lake Ln, Hollis Dr, Berkshire Ct, Edgewood Ln, Estelle Ave, Denson Rd, Pick Ave, Woodbury Rd, Old Jim Davis Rd$857
Parker Ave, S Monroe St, Farkas Ln, S Front St, Mac Ewen Dr, Jewel St, Sylvester Hwy, Plains Dr, N Jackson St, Sweetbrier Rd$850

Insurance rates are influenced by a number of factors including:

  • Year Built: 6,219 Homes (18% of total) built between 1960 to 1969 in Albany are paying home insurance between $1,513-$1,526 and varies from West Dougherty (+$17), Leesburg (+$73), Philema (+$26), East Dougherty (-$21) and Baconton (-$29).
  • Bedrooms: 3,331 1 bedroom homes (10% of total homes ) in Albany are paying about $579. Areas near to Albany such as West Dougherty, Leesburg, Philema are costlier by $7, $29, $10 respectively whereas East Dougherty and Baconton are more economical by $7, $3 respectively for similar homes.
  • Auto Insurance Bundling: 2,389 Households (19% of all households) in Albany have 3 or more vehicles available and when it is bundled with home insurance you can save $216. Discounts for similar bundling in close by locations such as Dougherty County, East Dougherty, West Dougherty come to $216, $213, $218 respectively.
  • Senior Discounts: 6,814 seniors (more than 55 years) occupied housing units (56% of total) in Albany get discounts between $129 to $132 compared to Dougherty County ($129), East Dougherty ($127), West Dougherty ($131).
  • New Homes discounts: New homes such as the 13,214 homes built between 2000 to 2009 in Albany can save $172 and similar new home insurance discounts in nearby towns and cities like Dougherty County, East Dougherty and West Dougherty are $173, $170 and $174 respectively.

Albany Homeowners insurance Facts

  • Albany, GA has 12,048 owner occupied houses which is 41.2% of all units whereas Dougherty County, East Dougherty and West Dougherty have 48.44%, 51.9% and 46.94% respectively.
  • Albany, GA homeowners yearly insurance price at $864 is 0.87% of the typical house value of $98,900 which is in contrast with 0.85% in Dougherty County, 1.08% at East Dougherty & 0.75% in West Dougherty.
  • Homeowners in Albany, GA pay 2.03% of their income ($40,000 to $44,999) in insurance whereas homeowners in Dougherty County, East Dougherty and West Dougherty pay 2.04%, 2.01% and 2.06% respectively.
  • Albany, GA’s insurance is 6.5% of monthly housing costs of $1,103/month, for owners with a mortgage compared to 6.39% in Dougherty County, 7.25% at East Dougherty & 6.11% in West Dougherty. But, for households without a mortgage, insurance is 18.6% of costs ($388 in Albany, GA) in contrast with 18.99% in Dougherty County, 21.35% at East Dougherty & 17.68% in West Dougherty.

Albany, GA Home Values & Insurance rates

For example, insurance for 526 Homes (4.0% of total homes ) valued between $200,000 to $249,999 in Albany, GA is about $1,969. Rates in nearby areas in such as Dougherty County, West Dougherty, Leesburg are cheaper by $56, $283, $810 respectively while East Dougherty and Putney are costlier by $462 and $65 respectively for similar homes.

Albany, GA Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 1,840 15.0% $216
$50,000 to $59,999 758 6.0% $457
$60,000 to $69,999 675 5.0% $561
$70,000 to $79,999 1,011 8.0% $648
$80,000 to $89,999 992 8.0% $734
$90,000 to $99,999 840 7.0% $829
$100,000 to $124,999 1,664 13.0% $959
$125,000 to $149,999 1,353 11.0% $1200
$150,000 to $174,999 1,172 9.0% $1416
$175,000 to $199,999 533 4.0% $1632
$200,000 to $249,999 526 4.0% $1969
$250,000 to $299,999 325 2.0% $2401
$300,000 to $399,999 206 1.0% $3049

Renters Insurance in Albany

  • Average Renters Insurance in Albany :  $315($26/month)

  • Median Gross Rent in Albany :  $670

  • Albany Renters Insurance to Median Rent Ratio:  3.88%

  • Average household size of renter-occupied unit :  2.57

Albany Renters Insurance as a Percentage of Rent

Albany Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 332 1.0% $378
$200 to $299 639 3.0% $828
$300 to $499 2,500 14.0% $1278
$500 to $749 7,138 42.0% $1953
$750 to $999 4,945 29.0% $2703
$1,000 to $1,499 1,020 6.0% $3828

Rent Affordability in Albany:

Approximately 54.0% (9,435) of households are spending more than 35% of their income on gross rent in Albany

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,814 10.0%
15.0 to 19.9 percent 1,723 10.0%
20.0 to 24.9 percent 1,588 9.0%
25.0 to 29.9 percent 1,388 8.0%
30.0 to 34.9 percent 1,231 7.0%
35.0 percent or more 9,435 54.0%

Albany Renters Insurance Discounts:

Albany Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Albany, GA Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 9,483 55.0% $31.5
2 vehicles available 3,492 20.0% $47.25
3 or more vehicles available 810 4.0% $63.0

Albany Senior Citizen Discounts:

Age Senior Occupied Housing Units % of Total Discount offered
55 to 59 years 1,446 8.0% $67
60 to 64 years 841 4.0% $53
65 to 74 years 1,001 5.0% $43
75 years and over 769 4.0% $33

Protective device discount in Albany Up to :  $47

Claims-free discount in Albany Up to :  $63