Georgia • Insurance non-renewal or spike
Your Georgia condo insurance was dropped or jumped — wind, hail, and the coast
Georgia's insurance squeeze is a two-front problem — hurricanes and surge on the coast, tornadoes and hail in the metro and north. A non-renewal or a doubled renewal usually traces to one of those, and the deductible is where it lands on owners.
The short answer
Georgia homeowner premiums have surged roughly 48% since 2019, and coastal and north-Georgia wind/hail deductibles now commonly run 2–5% of value. Carriers are non-renewing in high-risk areas, pushing associations toward the FAIR Plan or the wind pool. CondoSignal reads your master policy and HO-6 against the Georgia market. Free.Georgia at a glance
Premiums since 2019
≈ +48%
Statewide homeowner market.
Wind/hail deductible
2–5%
Coastal and north GA.
Backstops
FAIR / wind pool
Last-resort, limited capacity.
Flood
Excluded
Separate NFIP/private coverage.
Premiums and deductibles
Homeowner premiums in Georgia have risen roughly 48% since 2019, and coastal and north-Georgia master policies now carry wind/hail deductibles of 2–5% of insured value. When a hailstorm or a coastal blow hits and the deductible is that large, the association often can't absorb it from reserves — so it becomes a special assessment.
Non-renewals and the backstops
Carriers are non-renewing policies in 'high-risk' Georgia areas, pushing associations toward the Georgia FAIR Plan (fire) or the Georgia Underwriting Association wind pool — both last-resort options with limited capacity. A building leaning on either is more fragile and usually paying more for less.
What's required and the flood gap
Condos must carry all-risk property covering full replacement cost plus liability (§ 44-3-107), but flood is separate and usually excluded. Coastal Georgia buildings (Savannah, Tybee, Brunswick) face surge exposure that needs NFIP or private flood coverage the master policy won't provide.
Your rights in Georgia
Georgia condos must carry all-risk property at full replacement cost plus liability (§ 44-3-107); flood is separate. HOAs' coverage depends on the declaration. None of this is legal advice — confirm against the current O.C.G.A. and a Georgia-licensed broker.
What to check
- Establish whether the master policy or your HO-6 changed.
- Find the wind/hail deductible and how it's allocated.
- Confirm whether the building relies on the FAIR Plan or wind pool.
- For coastal Georgia, confirm separate flood coverage.
- Check whether the deductible exceeds the 5% financing cap.
- Confirm your HO-6 loss-assessment coverage.
Sources
- O.C.G.A. § 44-3-107 — condominium insurance coverage(High)
- CBI — Georgia homeowners insurance costs surge(Medium)
- O.C.G.A. § 44-3-111 — disclosure(High)
Educational only — not legal, financial, or engineering advice. Confirm against the current statute and, where it matters, a Georgia-licensed professional.
FAQ
Frequently asked questions
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