Is RV insurance required in Georgia?

Yes for motorized RVs in Georgia (liability matches state auto minimums). Travel trailers borrow from the towing vehicle. Specialty RV coverage strongly recommended for physical damage and personal effects.

How do I cancel my insurance policy?

Cancellation is a written request to the carrier with a specific date, usually 14 days notice. Most carriers refund unused premium pro rata. Never cancel before the new policy is in force.

What commercial coverage do Georgia businesses need beyond a business package policy and general liability?

Beyond a business package policy and general liability, the most common Georgia specialty commercial needs are commercial umbrella, inland marine, cyber, and management liability.

Do I have to use the carrier’s preferred contractor?

Usually no. Most policies let you choose any licensed contractor, though preferred shops have their own benefits.

General FAQs

What is a deductible?

All FAQs

Quick answer: The amount you pay before your insurance pays the rest. Higher deductibles lower your premium.

A deductible is the amount you pay out of pocket on a covered claim before your insurance carrier pays the rest. It is subtracted from the claim payout, not billed separately. On a $5,000 covered loss with a $1,000 deductible, the carrier pays $4,000. The deductible comes off the top.

How does a deductible affect your insurance premium?

Deductibles and premiums move in opposite directions. A higher deductible means you absorb more of any loss, so the carrier charges a lower premium. A lower deductible means the carrier pays sooner and more often, so the premium is higher. Neither option is categorically better, the right level depends on what you could realistically pay in a bad month without financial strain.

Do Georgia homeowners policies carry more than one deductible?

Georgia homeowners policies commonly carry more than one deductible. A standard flat-dollar deductible applies to most claims, fire, theft, water damage from a burst pipe, and similar losses. Wind and hail damage, which is significant exposure across Georgia, often triggers a separate percentage-based deductible calculated against the home’s insured value. On a home insured for $350,000 with a 2% wind/hail deductible, that threshold is $7,000, well above a typical flat deductible. Policyholders who do not notice this split can be caught short after a storm.

For example, a homeowner in Macon files a wind damage claim after a severe storm, expecting their $1,000 flat deductible to apply. Their policy’s percentage wind/hail deductible kicks in instead, leaving them responsible for $7,000 on a $350,000-insured home before the carrier pays anything.

How do auto insurance deductibles work?

Auto insurance deductibles work at the coverage level rather than the policy level. Comprehensive and collision each carry their own deductible, typically anywhere from $250 to $2,500. Liability coverage, the portion that pays others when you are at fault, does not carry a deductible at all.

What details affect how deductibles work in practice?

These details apply to most deductible decisions:

Deductibles apply per claim on most policies, not per year. Two separate losses in the same policy period mean you pay the deductible twice.
Some policies have a combined single deductible; others apply the deductible separately to dwelling, other structures, and personal property. Read the declarations page to confirm how yours is structured.
Filing a small claim that barely clears your deductible can result in a premium increase at renewal that costs more over time than the claim payment itself.

For example, a policyholder with a $500 deductible files a claim on a $600 plumbing loss. The carrier pays $100. If that claim triggers a $150 per year surcharge at renewal, the policyholder pays more in extra premium over three years than they received from the claim.

Deductible levels interact with coverage limits, policy type, and your overall risk profile in ways that are specific to your situation. A coverage review with an advisor can walk through what each deductible option actually costs you at claim time, and what it saves you on premium. Schedule a free coverage review with Olive Cover to find the balance that fits your household.