Keeping Coverage Aligned with Your Home\u2019s Value<\/strong> <\/h2>\n\n\n\nYour policy\u2019s main job is to rebuild your home and replace your belongings after a covered loss. If your insurance amount is stuck at last year\u2019s number (or the number from five years ago), it may not be enough to put things back the way they were. Construction costs (like labor and materials) can rise faster than you think. Also, don\u2019t forget that the value of the land underneath your property is changing too, and those factors can all combine to make your property more valuable. <\/p>\n\n\n\n
And that extra value needs to be protected \u2014 mainly by doing an annual home insurance review. <\/p>\n\n\n\n
Why Home Appraisals Matter<\/strong> <\/h3>\n\n\n\nAmong the most important home insurance tips in Georgia is the need for appraisals. A home appraisal or a replacement-cost estimate helps show what it would cost to rebuild the structure today. This is not about the market value of your home (what buyers would pay). It\u2019s about the cost to replace the walls, roof, floors, cabinets, wiring \u2026 basically everything that makes your house, well, a house. <\/p>\n\n\n\n
What you want to do periodically is get a sense of the replacement cost so that you can match your dwelling (Coverage A) limit to the current estimate. If you\u2019ve never looked at it, now is the time. Ask your agent to run a fresh estimate based on your home\u2019s square footage, year built, roof type, and special features. Many policies include inflation guard, which bumps your limits each year, but it may not keep up with big swings in construction costs. A quick review makes sure the number is still right. <\/p>\n\n\n\n
While you\u2019re at it, check Coverage B (other structures) for things like detached garages, fences, or sheds, and Coverage C (personal property) for your belongings. These limits are usually tied to Coverage A, but upgrades to your home can throw off the balance. More on that next. <\/p>\n\n\n\n
Accounting for Renovations and Upgrades<\/strong> <\/h3>\n\n\n\nIf you own an old home but have upgraded it, there are some unique challenges and solutions to consider when insuring historic homes in Georgia<\/a>. If you\u2019ve remodeled your kitchen, a bathroom, or finished your basement \u2014 or maybe just added a deck or installed a new roof \u2014 then you might need to have another look at your policy and Georgia property coverage\/limits. Tell your agent about any projects over the past year, even if you did them yourself. Share basics: what changed, when it changed, and roughly how much it cost. Ask whether you should: <\/p>\n\n\n\n\n- Raise your dwelling limit to reflect the new rebuild cost. <\/li>\n<\/ul>\n\n\n\n
\n- Add or increase ordinance or law coverage (helps pay to bring older parts of the home up to the current building code after a covered loss). <\/li>\n<\/ul>\n\n\n\n
\n- Update your roof age and material (some carriers\u2019 prices and deductibles depend on this). <\/li>\n<\/ul>\n\n\n\n
\n- Adjust personal property limits if you bought big-ticket items (appliances, furniture, electronics). <\/li>\n<\/ul>\n\n\n\n
Understanding Policy Changes and Updates<\/strong> <\/h2>\n\n\n\nProtecting your home in Georgia involves more than just the physical structure \u2014 it also involves understanding your policy. Things can change fast with your carrier, so if you haven\u2019t looked at your declarations page or endorsements in a while, you might miss new options or changes in how your policy works. Eagle eyes can help here! <\/p>\n\n\n\n
Adjustments in Coverage Options<\/strong> <\/h3>\n\n\n\nThere are a few things to ask your agent about during an insurance policy review. If you see new endorsements listed or old ones removed, ask what changed and why. Simple questions now prevent confusion later. Basically, you want to get a sense of \u201cwhat\u2019s new\u201d this year. Especially on these items: <\/p>\n\n\n\n
\n- Replacement cost vs. actual cash value<\/strong> (ACV) for personal property. Replacement cost helps you buy new items of like kind and quality. ACV subtracts depreciation. If you\u2019re on ACV, switching to replacement cost can be a big upgrade for not much more premium. <\/li>\n<\/ul>\n\n\n\n
\n- Scheduled property<\/strong> for jewelry, watches, fine art, collectibles, or musical instruments. Standard policies have low sub-limits for these items. Scheduling (also called \u201citemizing\u201d) gives higher limits and often broader protection, including mysterious disappearance. <\/li>\n<\/ul>\n\n\n\n
\n- Water damage endorsements<\/strong> for sewer or drain backup, sump overflow, and water leak sensors. These are common claim types and usually need an added endorsement. <\/li>\n<\/ul>\n\n\n\n
\n- Equipment breakdown<\/strong> for major systems like HVAC, appliances, and smart home tech. <\/li>\n<\/ul>\n\n\n\n
\n- Service line coverage<\/strong> for buried pipes and lines you own, which are not covered by most basic policies. <\/li>\n<\/ul>\n\n\n\n
Inflation and Replacement Costs<\/strong> <\/h3>\n\n\n\nHome insurance updates matter, but so do the trends in the wider economy. Prices for labor and materials go up and down. In recent years, many parts of the country saw sharp increases in lumber, roofing, and skilled labor. That affects replacement cost. Your policy might include an inflation guard rider, but it\u2019s not a guarantee that your limits are perfect. Each year, ask your agent to confirm your replacement cost estimate still matches today\u2019s reality. <\/p>\n\n\n\n
If your carrier offers extended replacement cost or guaranteed replacement cost, learn how it works. Extended replacement cost adds a percentage (like 25%) above your dwelling limit, which creates a cushion if rebuild costs spike. Guaranteed replacement cost is even stronger, though not every company offers it. <\/p>\n\n\n\n
Avoiding Gaps in Protection<\/strong> <\/h2>\n\n\n\nEven good policies have limits and exclusions. The goal of your annual review is to understand them and close any gaps that matter to you. Here are the key things a lot of homeowners in the Peach State tend to miss. <\/p>\n\n\n\n
Common Oversights That Can Lead to Claims Denials<\/strong>\u00a0<\/h3>\n\n\n\n![\"Rising](\"https:\/\/veloxinsurance.com\/blog\/wp-content\/uploads\/sites\/3\/2025\/11\/Why-Every-Georgia-Homeowner-Should-Review-Their-Policy-Annually-2.jpg\")
<\/figure><\/div>\n\n\n<\/div>\n\n\n\nHere in Georgia, there are a few things that homeowners regularly get tripped up with. The first is flooding. Standard Georgia homeowners insurance does not cover flood (rising water from outside). If you want flood coverage, you need a separate policy, usually through the National Flood Insurance Program<\/a> (NFIP). <\/p>\n\n\n\nA few other areas include earthquakes, sinkholes, wear and tear, and business use, in addition to high-value items like collectibles. If you believe you\u2019re going to run into any of these problems, you should absolutely speak with your agent about these potential gaps in your protection. <\/p>\n\n\n\n
Additional Coverage You Might Need<\/strong> <\/h3>\n\n\n\nTo that end, you\u2019re going to want to implement a few additional coverage options. These add-ons are not \u201cnice to have\u201d for everyone, but they are essential for some. An annual review is the best time to decide if you need any of the following: <\/p>\n\n\n\n
\n- Flood insurance<\/strong> because even outside high-risk zones, over a quarter of flood claims happen there <\/li>\n<\/ul>\n\n\n\n
\n- Sewer\/drain backup<\/strong> endorsement \u2014 very common and affordable <\/li>\n<\/ul>\n\n\n\n
\n- Ordinance or law,<\/strong> because older homes may need more <\/li>\n<\/ul>\n\n\n\n
\n- Umbrella liability<\/strong> for extra lawsuit protection beyond your home and auto limits <\/li>\n<\/ul>\n\n\n\n
Seasonal and Environmental Considerations<\/strong> <\/h2>\n\n\n\nGeorgia weather brings a mix of risks: strong thunderstorms, hail, tornadoes, tropical storms near the coast (and, speaking of which, if you own a Georgia coastal property, there are special considerations<\/a>), and the occasional winter freeze. Your policy should reflect the risks you actually face based on where you live in the state and the features of your home. <\/p>\n\n\n\nFall and Winter Risks in Georgia<\/strong> <\/h3>\n\n\n\nHome protection tips have to include the seasons \u2014 especially here in the Peach State. When temperatures dip, frozen pipes can burst. Check that your policy covers sudden water discharge and that you have the right water backup endorsement if a drain or sump fails. Create a winter checklist: Insulate exposed pipes, keep the heat on when you travel, and know where your main shut-off valve is. <\/p>\n\n\n\n
For older roofs, some carriers apply actual cash value for wind or hail claims, which reduces payouts. Others use a percentage deductible for wind\/hail. Confirm how your roof is rated, how old the insurer thinks it is, and whether upgrading to impact-resistant materials could help your rate. <\/p>\n\n\n\n
Storm, Flood, and Fire Coverage Review<\/strong> <\/h3>\n\n\n\nWind and hail are usually covered, but the deductible you have to work up to might be higher than usual. In some areas, percentage deductibles apply (ex., 1% of the dwelling limit). Read your policy to make sure you know yours. <\/p>\n\n\n\n
Again, flooding is not covered by your Georgia homeowners policy. If heavy rain, nearby creeks, or storm surge worry you, consider a separate flood policy. Premiums are often lower than people expect, especially outside high-risk zones. <\/p>\n\n\n\n
Finally, fire. Wildfires have become more common in recent years across the U.S., and Georgia is certainly no exception to this trend. Fortunately, it\u2019s generally covered. Ask about steps that may earn credits, like clearing debris from around the home, installing ember-resistant vents, or upgrading roofing. <\/p>\n\n\n\n
Leveraging Discounts and Savings Opportunities<\/strong> <\/h2>\n\n\n\nA review is not just about raising limits. It\u2019s also a chance to reduce your premium without weakening protection, and it\u2019s a very important part of any homeowners coverage guide. <\/p>\n\n\n\n
Bundling With Auto Insurance<\/strong> <\/h3>\n\n\n\nMany carriers offer a multi-policy discount when you bundle home and auto. The savings can be significant and may unlock better coverage options. If your policies are split across different companies, ask for quotes both ways. Compare the total cost and the coverage details, not just the monthly price. <\/p>\n\n\n\n
Security Systems and Mitigation Discounts<\/strong> <\/h3>\n\n\n\nInsurers reward risk reduction. Ask about savings for monitored security systems and smart smoke detectors, water leak sensors, automatic water shut-off valves, updated roofs, wind mitigation, and claims-free history. Be sure your agent has the correct roof age, home age, and upgrade details. Wrong inputs can cost you discounts you deserve. <\/p>\n\n\n\n
Ensure Your Coverage Matches Your Home With Velox<\/strong> <\/h2>\n\n\n\nYour house, your savings, and your peace of mind deserve a quick annual checkup. A focused review helps you keep up with rising costs, new risks, and fresh discount opportunities without paying for coverage you don\u2019t need. Get started today with a customized quote online<\/a>, give us a call at (855) 468-3569<\/a>, or get more information from an agent in person at one of our Georgia locations<\/a> near you! <\/p>\n\n\n\nFAQs<\/strong> <\/h2>\n\n\n\nHere are a few answers to your questions about reviewing and updating your coverage in Georgia: <\/p>\n\n\n\n
How Can I Make Sure My Policy Covers Natural Disasters in Georgia?<\/strong> <\/h3>\n\n\n\nAsk your agent to walk through wind, hail, and fire coverage and to explain your deductibles. Remember that flood requires a separate policy. If you live near water or in a spot that floods during heavy rain, consider flood insurance even if your mortgage doesn\u2019t require it. Your agent can also help you develop a Georgia insurance checklist. <\/p>\n\n\n\n
What Are Common Hidden Costs That Georgia Homeowners Insurance Doesn\u2019t Cover?<\/strong> <\/h3>\n\n\n\n
Among the most important home insurance tips in Georgia is the need for appraisals. A home appraisal or a replacement-cost estimate helps show what it would cost to rebuild the structure today. This is not about the market value of your home (what buyers would pay). It\u2019s about the cost to replace the walls, roof, floors, cabinets, wiring \u2026 basically everything that makes your house, well, a house. <\/p>\n\n\n\n
What you want to do periodically is get a sense of the replacement cost so that you can match your dwelling (Coverage A) limit to the current estimate. If you\u2019ve never looked at it, now is the time. Ask your agent to run a fresh estimate based on your home\u2019s square footage, year built, roof type, and special features. Many policies include inflation guard, which bumps your limits each year, but it may not keep up with big swings in construction costs. A quick review makes sure the number is still right. <\/p>\n\n\n\n
While you\u2019re at it, check Coverage B (other structures) for things like detached garages, fences, or sheds, and Coverage C (personal property) for your belongings. These limits are usually tied to Coverage A, but upgrades to your home can throw off the balance. More on that next. <\/p>\n\n\n\n
Accounting for Renovations and Upgrades<\/strong> <\/h3>\n\n\n\nIf you own an old home but have upgraded it, there are some unique challenges and solutions to consider when insuring historic homes in Georgia<\/a>. If you\u2019ve remodeled your kitchen, a bathroom, or finished your basement \u2014 or maybe just added a deck or installed a new roof \u2014 then you might need to have another look at your policy and Georgia property coverage\/limits. Tell your agent about any projects over the past year, even if you did them yourself. Share basics: what changed, when it changed, and roughly how much it cost. Ask whether you should: <\/p>\n\n\n\n\n- Raise your dwelling limit to reflect the new rebuild cost. <\/li>\n<\/ul>\n\n\n\n
\n- Add or increase ordinance or law coverage (helps pay to bring older parts of the home up to the current building code after a covered loss). <\/li>\n<\/ul>\n\n\n\n
\n- Update your roof age and material (some carriers\u2019 prices and deductibles depend on this). <\/li>\n<\/ul>\n\n\n\n
\n- Adjust personal property limits if you bought big-ticket items (appliances, furniture, electronics). <\/li>\n<\/ul>\n\n\n\n
Understanding Policy Changes and Updates<\/strong> <\/h2>\n\n\n\nProtecting your home in Georgia involves more than just the physical structure \u2014 it also involves understanding your policy. Things can change fast with your carrier, so if you haven\u2019t looked at your declarations page or endorsements in a while, you might miss new options or changes in how your policy works. Eagle eyes can help here! <\/p>\n\n\n\n
Adjustments in Coverage Options<\/strong> <\/h3>\n\n\n\nThere are a few things to ask your agent about during an insurance policy review. If you see new endorsements listed or old ones removed, ask what changed and why. Simple questions now prevent confusion later. Basically, you want to get a sense of \u201cwhat\u2019s new\u201d this year. Especially on these items: <\/p>\n\n\n\n
\n- Replacement cost vs. actual cash value<\/strong> (ACV) for personal property. Replacement cost helps you buy new items of like kind and quality. ACV subtracts depreciation. If you\u2019re on ACV, switching to replacement cost can be a big upgrade for not much more premium. <\/li>\n<\/ul>\n\n\n\n
\n- Scheduled property<\/strong> for jewelry, watches, fine art, collectibles, or musical instruments. Standard policies have low sub-limits for these items. Scheduling (also called \u201citemizing\u201d) gives higher limits and often broader protection, including mysterious disappearance. <\/li>\n<\/ul>\n\n\n\n
\n- Water damage endorsements<\/strong> for sewer or drain backup, sump overflow, and water leak sensors. These are common claim types and usually need an added endorsement. <\/li>\n<\/ul>\n\n\n\n
\n- Equipment breakdown<\/strong> for major systems like HVAC, appliances, and smart home tech. <\/li>\n<\/ul>\n\n\n\n
\n- Service line coverage<\/strong> for buried pipes and lines you own, which are not covered by most basic policies. <\/li>\n<\/ul>\n\n\n\n
Inflation and Replacement Costs<\/strong> <\/h3>\n\n\n\nHome insurance updates matter, but so do the trends in the wider economy. Prices for labor and materials go up and down. In recent years, many parts of the country saw sharp increases in lumber, roofing, and skilled labor. That affects replacement cost. Your policy might include an inflation guard rider, but it\u2019s not a guarantee that your limits are perfect. Each year, ask your agent to confirm your replacement cost estimate still matches today\u2019s reality. <\/p>\n\n\n\n
If your carrier offers extended replacement cost or guaranteed replacement cost, learn how it works. Extended replacement cost adds a percentage (like 25%) above your dwelling limit, which creates a cushion if rebuild costs spike. Guaranteed replacement cost is even stronger, though not every company offers it. <\/p>\n\n\n\n
Avoiding Gaps in Protection<\/strong> <\/h2>\n\n\n\nEven good policies have limits and exclusions. The goal of your annual review is to understand them and close any gaps that matter to you. Here are the key things a lot of homeowners in the Peach State tend to miss. <\/p>\n\n\n\n
Common Oversights That Can Lead to Claims Denials<\/strong>\u00a0<\/h3>\n\n\n\n<\/figure><\/div>\n\n\n<\/div>\n\n\n\nHere in Georgia, there are a few things that homeowners regularly get tripped up with. The first is flooding. Standard Georgia homeowners insurance does not cover flood (rising water from outside). If you want flood coverage, you need a separate policy, usually through the National Flood Insurance Program<\/a> (NFIP). <\/p>\n\n\n\nA few other areas include earthquakes, sinkholes, wear and tear, and business use, in addition to high-value items like collectibles. If you believe you\u2019re going to run into any of these problems, you should absolutely speak with your agent about these potential gaps in your protection. <\/p>\n\n\n\n
Additional Coverage You Might Need<\/strong> <\/h3>\n\n\n\nTo that end, you\u2019re going to want to implement a few additional coverage options. These add-ons are not \u201cnice to have\u201d for everyone, but they are essential for some. An annual review is the best time to decide if you need any of the following: <\/p>\n\n\n\n
\n- Flood insurance<\/strong> because even outside high-risk zones, over a quarter of flood claims happen there <\/li>\n<\/ul>\n\n\n\n
\n- Sewer\/drain backup<\/strong> endorsement \u2014 very common and affordable <\/li>\n<\/ul>\n\n\n\n
\n- Ordinance or law,<\/strong> because older homes may need more <\/li>\n<\/ul>\n\n\n\n
\n- Umbrella liability<\/strong> for extra lawsuit protection beyond your home and auto limits <\/li>\n<\/ul>\n\n\n\n
Seasonal and Environmental Considerations<\/strong> <\/h2>\n\n\n\nGeorgia weather brings a mix of risks: strong thunderstorms, hail, tornadoes, tropical storms near the coast (and, speaking of which, if you own a Georgia coastal property, there are special considerations<\/a>), and the occasional winter freeze. Your policy should reflect the risks you actually face based on where you live in the state and the features of your home. <\/p>\n\n\n\nFall and Winter Risks in Georgia<\/strong> <\/h3>\n\n\n\nHome protection tips have to include the seasons \u2014 especially here in the Peach State. When temperatures dip, frozen pipes can burst. Check that your policy covers sudden water discharge and that you have the right water backup endorsement if a drain or sump fails. Create a winter checklist: Insulate exposed pipes, keep the heat on when you travel, and know where your main shut-off valve is. <\/p>\n\n\n\n
For older roofs, some carriers apply actual cash value for wind or hail claims, which reduces payouts. Others use a percentage deductible for wind\/hail. Confirm how your roof is rated, how old the insurer thinks it is, and whether upgrading to impact-resistant materials could help your rate. <\/p>\n\n\n\n
Storm, Flood, and Fire Coverage Review<\/strong> <\/h3>\n\n\n\nWind and hail are usually covered, but the deductible you have to work up to might be higher than usual. In some areas, percentage deductibles apply (ex., 1% of the dwelling limit). Read your policy to make sure you know yours. <\/p>\n\n\n\n
Again, flooding is not covered by your Georgia homeowners policy. If heavy rain, nearby creeks, or storm surge worry you, consider a separate flood policy. Premiums are often lower than people expect, especially outside high-risk zones. <\/p>\n\n\n\n
Finally, fire. Wildfires have become more common in recent years across the U.S., and Georgia is certainly no exception to this trend. Fortunately, it\u2019s generally covered. Ask about steps that may earn credits, like clearing debris from around the home, installing ember-resistant vents, or upgrading roofing. <\/p>\n\n\n\n
Leveraging Discounts and Savings Opportunities<\/strong> <\/h2>\n\n\n\nA review is not just about raising limits. It\u2019s also a chance to reduce your premium without weakening protection, and it\u2019s a very important part of any homeowners coverage guide. <\/p>\n\n\n\n
Bundling With Auto Insurance<\/strong> <\/h3>\n\n\n\nMany carriers offer a multi-policy discount when you bundle home and auto. The savings can be significant and may unlock better coverage options. If your policies are split across different companies, ask for quotes both ways. Compare the total cost and the coverage details, not just the monthly price. <\/p>\n\n\n\n
Security Systems and Mitigation Discounts<\/strong> <\/h3>\n\n\n\nInsurers reward risk reduction. Ask about savings for monitored security systems and smart smoke detectors, water leak sensors, automatic water shut-off valves, updated roofs, wind mitigation, and claims-free history. Be sure your agent has the correct roof age, home age, and upgrade details. Wrong inputs can cost you discounts you deserve. <\/p>\n\n\n\n
Ensure Your Coverage Matches Your Home With Velox<\/strong> <\/h2>\n\n\n\nYour house, your savings, and your peace of mind deserve a quick annual checkup. A focused review helps you keep up with rising costs, new risks, and fresh discount opportunities without paying for coverage you don\u2019t need. Get started today with a customized quote online<\/a>, give us a call at (855) 468-3569<\/a>, or get more information from an agent in person at one of our Georgia locations<\/a> near you! <\/p>\n\n\n\nFAQs<\/strong> <\/h2>\n\n\n\nHere are a few answers to your questions about reviewing and updating your coverage in Georgia: <\/p>\n\n\n\n
How Can I Make Sure My Policy Covers Natural Disasters in Georgia?<\/strong> <\/h3>\n\n\n\nAsk your agent to walk through wind, hail, and fire coverage and to explain your deductibles. Remember that flood requires a separate policy. If you live near water or in a spot that floods during heavy rain, consider flood insurance even if your mortgage doesn\u2019t require it. Your agent can also help you develop a Georgia insurance checklist. <\/p>\n\n\n\n
What Are Common Hidden Costs That Georgia Homeowners Insurance Doesn\u2019t Cover?<\/strong> <\/h3>\n\n\n\n
- \n
- Raise your dwelling limit to reflect the new rebuild cost. <\/li>\n<\/ul>\n\n\n\n
- \n
- Add or increase ordinance or law coverage (helps pay to bring older parts of the home up to the current building code after a covered loss). <\/li>\n<\/ul>\n\n\n\n
- \n
- Update your roof age and material (some carriers\u2019 prices and deductibles depend on this). <\/li>\n<\/ul>\n\n\n\n
- \n
- Adjust personal property limits if you bought big-ticket items (appliances, furniture, electronics). <\/li>\n<\/ul>\n\n\n\n
Understanding Policy Changes and Updates<\/strong> <\/h2>\n\n\n\n
Protecting your home in Georgia involves more than just the physical structure \u2014 it also involves understanding your policy. Things can change fast with your carrier, so if you haven\u2019t looked at your declarations page or endorsements in a while, you might miss new options or changes in how your policy works. Eagle eyes can help here! <\/p>\n\n\n\n
Adjustments in Coverage Options<\/strong> <\/h3>\n\n\n\n
There are a few things to ask your agent about during an insurance policy review. If you see new endorsements listed or old ones removed, ask what changed and why. Simple questions now prevent confusion later. Basically, you want to get a sense of \u201cwhat\u2019s new\u201d this year. Especially on these items: <\/p>\n\n\n\n
- \n
- Replacement cost vs. actual cash value<\/strong> (ACV) for personal property. Replacement cost helps you buy new items of like kind and quality. ACV subtracts depreciation. If you\u2019re on ACV, switching to replacement cost can be a big upgrade for not much more premium. <\/li>\n<\/ul>\n\n\n\n
- \n
- Scheduled property<\/strong> for jewelry, watches, fine art, collectibles, or musical instruments. Standard policies have low sub-limits for these items. Scheduling (also called \u201citemizing\u201d) gives higher limits and often broader protection, including mysterious disappearance. <\/li>\n<\/ul>\n\n\n\n
- \n
- Water damage endorsements<\/strong> for sewer or drain backup, sump overflow, and water leak sensors. These are common claim types and usually need an added endorsement. <\/li>\n<\/ul>\n\n\n\n
- \n
- Equipment breakdown<\/strong> for major systems like HVAC, appliances, and smart home tech. <\/li>\n<\/ul>\n\n\n\n
- \n
- Service line coverage<\/strong> for buried pipes and lines you own, which are not covered by most basic policies. <\/li>\n<\/ul>\n\n\n\n
Inflation and Replacement Costs<\/strong> <\/h3>\n\n\n\n
Home insurance updates matter, but so do the trends in the wider economy. Prices for labor and materials go up and down. In recent years, many parts of the country saw sharp increases in lumber, roofing, and skilled labor. That affects replacement cost. Your policy might include an inflation guard rider, but it\u2019s not a guarantee that your limits are perfect. Each year, ask your agent to confirm your replacement cost estimate still matches today\u2019s reality. <\/p>\n\n\n\n
If your carrier offers extended replacement cost or guaranteed replacement cost, learn how it works. Extended replacement cost adds a percentage (like 25%) above your dwelling limit, which creates a cushion if rebuild costs spike. Guaranteed replacement cost is even stronger, though not every company offers it. <\/p>\n\n\n\n
Avoiding Gaps in Protection<\/strong> <\/h2>\n\n\n\n
Even good policies have limits and exclusions. The goal of your annual review is to understand them and close any gaps that matter to you. Here are the key things a lot of homeowners in the Peach State tend to miss. <\/p>\n\n\n\n
Common Oversights That Can Lead to Claims Denials<\/strong>\u00a0<\/h3>\n\n\n
\n<\/figure><\/div>\n\n\n<\/div>\n\n\n\nHere in Georgia, there are a few things that homeowners regularly get tripped up with. The first is flooding. Standard Georgia homeowners insurance does not cover flood (rising water from outside). If you want flood coverage, you need a separate policy, usually through the National Flood Insurance Program<\/a> (NFIP). <\/p>\n\n\n\n
A few other areas include earthquakes, sinkholes, wear and tear, and business use, in addition to high-value items like collectibles. If you believe you\u2019re going to run into any of these problems, you should absolutely speak with your agent about these potential gaps in your protection. <\/p>\n\n\n\n
Additional Coverage You Might Need<\/strong> <\/h3>\n\n\n\n
To that end, you\u2019re going to want to implement a few additional coverage options. These add-ons are not \u201cnice to have\u201d for everyone, but they are essential for some. An annual review is the best time to decide if you need any of the following: <\/p>\n\n\n\n
- \n
- Flood insurance<\/strong> because even outside high-risk zones, over a quarter of flood claims happen there <\/li>\n<\/ul>\n\n\n\n
- \n
- Sewer\/drain backup<\/strong> endorsement \u2014 very common and affordable <\/li>\n<\/ul>\n\n\n\n
- \n
- Ordinance or law,<\/strong> because older homes may need more <\/li>\n<\/ul>\n\n\n\n
- \n
- Umbrella liability<\/strong> for extra lawsuit protection beyond your home and auto limits <\/li>\n<\/ul>\n\n\n\n
Seasonal and Environmental Considerations<\/strong> <\/h2>\n\n\n\n
Georgia weather brings a mix of risks: strong thunderstorms, hail, tornadoes, tropical storms near the coast (and, speaking of which, if you own a Georgia coastal property, there are special considerations<\/a>), and the occasional winter freeze. Your policy should reflect the risks you actually face based on where you live in the state and the features of your home. <\/p>\n\n\n\n
Fall and Winter Risks in Georgia<\/strong> <\/h3>\n\n\n\n
Home protection tips have to include the seasons \u2014 especially here in the Peach State. When temperatures dip, frozen pipes can burst. Check that your policy covers sudden water discharge and that you have the right water backup endorsement if a drain or sump fails. Create a winter checklist: Insulate exposed pipes, keep the heat on when you travel, and know where your main shut-off valve is. <\/p>\n\n\n\n
For older roofs, some carriers apply actual cash value for wind or hail claims, which reduces payouts. Others use a percentage deductible for wind\/hail. Confirm how your roof is rated, how old the insurer thinks it is, and whether upgrading to impact-resistant materials could help your rate. <\/p>\n\n\n\n
Storm, Flood, and Fire Coverage Review<\/strong> <\/h3>\n\n\n\n
Wind and hail are usually covered, but the deductible you have to work up to might be higher than usual. In some areas, percentage deductibles apply (ex., 1% of the dwelling limit). Read your policy to make sure you know yours. <\/p>\n\n\n\n
Again, flooding is not covered by your Georgia homeowners policy. If heavy rain, nearby creeks, or storm surge worry you, consider a separate flood policy. Premiums are often lower than people expect, especially outside high-risk zones. <\/p>\n\n\n\n
Finally, fire. Wildfires have become more common in recent years across the U.S., and Georgia is certainly no exception to this trend. Fortunately, it\u2019s generally covered. Ask about steps that may earn credits, like clearing debris from around the home, installing ember-resistant vents, or upgrading roofing. <\/p>\n\n\n\n
Leveraging Discounts and Savings Opportunities<\/strong> <\/h2>\n\n\n\n
A review is not just about raising limits. It\u2019s also a chance to reduce your premium without weakening protection, and it\u2019s a very important part of any homeowners coverage guide. <\/p>\n\n\n\n
Bundling With Auto Insurance<\/strong> <\/h3>\n\n\n\n
Many carriers offer a multi-policy discount when you bundle home and auto. The savings can be significant and may unlock better coverage options. If your policies are split across different companies, ask for quotes both ways. Compare the total cost and the coverage details, not just the monthly price. <\/p>\n\n\n\n
Security Systems and Mitigation Discounts<\/strong> <\/h3>\n\n\n\n
Insurers reward risk reduction. Ask about savings for monitored security systems and smart smoke detectors, water leak sensors, automatic water shut-off valves, updated roofs, wind mitigation, and claims-free history. Be sure your agent has the correct roof age, home age, and upgrade details. Wrong inputs can cost you discounts you deserve. <\/p>\n\n\n\n
Ensure Your Coverage Matches Your Home With Velox<\/strong> <\/h2>\n\n\n\n
Your house, your savings, and your peace of mind deserve a quick annual checkup. A focused review helps you keep up with rising costs, new risks, and fresh discount opportunities without paying for coverage you don\u2019t need. Get started today with a customized quote online<\/a>, give us a call at (855) 468-3569<\/a>, or get more information from an agent in person at one of our Georgia locations<\/a> near you! <\/p>\n\n\n\n
FAQs<\/strong> <\/h2>\n\n\n\n
Here are a few answers to your questions about reviewing and updating your coverage in Georgia: <\/p>\n\n\n\n
How Can I Make Sure My Policy Covers Natural Disasters in Georgia?<\/strong> <\/h3>\n\n\n\n
Ask your agent to walk through wind, hail, and fire coverage and to explain your deductibles. Remember that flood requires a separate policy. If you live near water or in a spot that floods during heavy rain, consider flood insurance even if your mortgage doesn\u2019t require it. Your agent can also help you develop a Georgia insurance checklist. <\/p>\n\n\n\n
What Are Common Hidden Costs That Georgia Homeowners Insurance Doesn\u2019t Cover?<\/strong> <\/h3>\n\n\n\n
- Umbrella liability<\/strong> for extra lawsuit protection beyond your home and auto limits <\/li>\n<\/ul>\n\n\n\n
- Ordinance or law,<\/strong> because older homes may need more <\/li>\n<\/ul>\n\n\n\n
- Sewer\/drain backup<\/strong> endorsement \u2014 very common and affordable <\/li>\n<\/ul>\n\n\n\n
- Flood insurance<\/strong> because even outside high-risk zones, over a quarter of flood claims happen there <\/li>\n<\/ul>\n\n\n\n
- Service line coverage<\/strong> for buried pipes and lines you own, which are not covered by most basic policies. <\/li>\n<\/ul>\n\n\n\n
- Equipment breakdown<\/strong> for major systems like HVAC, appliances, and smart home tech. <\/li>\n<\/ul>\n\n\n\n
- Water damage endorsements<\/strong> for sewer or drain backup, sump overflow, and water leak sensors. These are common claim types and usually need an added endorsement. <\/li>\n<\/ul>\n\n\n\n
- Scheduled property<\/strong> for jewelry, watches, fine art, collectibles, or musical instruments. Standard policies have low sub-limits for these items. Scheduling (also called \u201citemizing\u201d) gives higher limits and often broader protection, including mysterious disappearance. <\/li>\n<\/ul>\n\n\n\n
- Replacement cost vs. actual cash value<\/strong> (ACV) for personal property. Replacement cost helps you buy new items of like kind and quality. ACV subtracts depreciation. If you\u2019re on ACV, switching to replacement cost can be a big upgrade for not much more premium. <\/li>\n<\/ul>\n\n\n\n
- Adjust personal property limits if you bought big-ticket items (appliances, furniture, electronics). <\/li>\n<\/ul>\n\n\n\n
- Update your roof age and material (some carriers\u2019 prices and deductibles depend on this). <\/li>\n<\/ul>\n\n\n\n
- Add or increase ordinance or law coverage (helps pay to bring older parts of the home up to the current building code after a covered loss). <\/li>\n<\/ul>\n\n\n\n