Home Insurance in Covington, Georgia
Homes in Covington carry a median value of $301,900 - 14% higher than the Newton County median.
The typical home in Covington was built around 1989. Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. About 15% of homes were built before 1960, about 8 points above Newton County's 7%.
In Covington, the housing stock is 74% single-family homes and 18% apartments in buildings with 5+ units.
73% of owner-occupied homes in Covington carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 9%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 49% of occupied homes in Covington are owner-occupied.
Most homes in Covington - 59% - are primarily heated with electricity.
Newton County's top FEMA-rated hazard is tornado (Relatively Moderate), per FEMA's National Risk Index. Newton County had 111 active NFIP flood policies as of September 2026. See the full Newton 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 | $301,900 |
|---|---|
| Median year built | 1989 |
| Owner-occupied share | 49% |
| Share of owner-occupied homes with a mortgage | 73% |
| Top county hazard | Tornado (Relatively Moderate) |
| Active NFIP policies in Newton County | 111 |
| 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)