Home Insurance in Franklin, Georgia
The median home value in Franklin is $366,700, 96% higher than the Heard County median.
The typical home in Franklin was built around 1969. About 41% of homes were built before 1960, about 23 points above Heard County's 18%. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them.
In Franklin, the housing stock is 47% single-family homes, 18% apartments in buildings with 5+ units and 4% mobile or manufactured homes. The rest are 2-4 unit or other housing types. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
In Franklin, about 68% of owner-occupied homes have a mortgage - lenders require hazard insurance on every mortgaged home.
Franklin has an owner-occupancy rate of 29% and a vacancy rate of 13%; unoccupied homes typically need a different coverage form.
Most homes in Franklin - 53% - are primarily heated with natural gas.
Heard County's top FEMA-rated hazard is hurricane (Very Low), per FEMA's National Risk Index. Heard County had 2 active NFIP flood policies as of September 2026. See the full Heard County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Georgia is $1,828 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $366,700 |
|---|---|
| Median year built | 1969 |
| Owner-occupied share | 29% |
| Share of owner-occupied homes with a mortgage | 68% |
| Top county hazard | Hurricane (Very Low) |
| Active NFIP policies in Heard County | 2 |
| Home insurance premium | $1,828 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)