Home Insurance in Parrott, Georgia
Homes in Parrott carry a median value of $175,000 - 48% higher than the Terrell County median.
The median home in Parrott was built in 1939 or earlier. About 70% of homes were built before 1960, about 41 points above Terrell County's 30%. Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
In Parrott, the housing stock is 97% single-family homes and 3% mobile or manufactured homes. Mobile and manufactured homes typically need a manufactured-home (HO-7) policy rather than a standard homeowners policy.
9% of owner-occupied homes in Parrott carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
Parrott has an owner-occupancy rate of 80% and a vacancy rate of 34%; unoccupied homes typically need a different coverage form.
Homes heated with propane and wood can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies. In Parrott, 60% of homes are primarily heated with electricity.
FEMA rates Terrell County's overall risk as Very Low, led by hurricane (Relatively Low). Terrell County had 10 active NFIP flood policies as of September 2026. See the full Terrell County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Georgia, the statewide average premium for a standard HO-3 homeowners policy is $1,828 per year (NAIC, 2023 data).
Key figures
| Median home value | $175,000 |
|---|---|
| Median year built | 1939 or earlier |
| Owner-occupied share | 80% |
| Share of owner-occupied homes with a mortgage | 9% |
| Top county hazard | Hurricane (Relatively Low) |
| Active NFIP policies in Terrell County | 10 |
| 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)