Auto Insurance Coverage & Costs in Georgia

There are 6.7 million licensed drivers in the Peach State and they pay slightly over the national averages for both liability only and full coverage car insurance. 16% uninsured drivers are just a little over the national average. It  is easy to blame the higher rates but motorist may be able to find affordable policies if they take the time to look for them. This naturally concerns everyone else since one of them hitting you or your vehicle is a real possibility.

Georgia is one of the most populous states and the second fastest growing in the country. It appears to be an up and coming region with Atlanta serving as the capital and a cosmopolitan city.

Georgia Automobile Insurance Laws

Here are the compulsory liability coverage requirements;

  • $25,000 for bodily injury or death per person.
  • $50,000 total for bodily injury or death per accident.
  • $25,000 for property damage.

You can confirm these figures and check further information here. Even though it appears to have decent limits and rates are generally higher than the averages in the USA you should not hesitate to check the costs for a more reliable level of liability protection. Actually, many people are getting much larger coverage and still spending reasonable amounts because they shop better and many carriers offer improved protection as standard.

Pictures from GeorgiaCompanies in Georgia can refuse auto insurance renewal if you have more than one at-fault accident or a large claim in the last 3 years. Furthermore, you have to make sure that your automobile is covered at all times by making sure you don’t miss renewal or any payment. And you have to arrange coverage before you can drive a vehicle you just purchased.

Knowing how to find good car insurance quotes helps in reducing premiums, which allows motorists to afford the coverage they need instead of skimping on it. Georgia has a competitive enough insurance market with most major companies selling policies in the state. A few of them are working extremely hard to come up with innovative products and sharpening their pencils at the same time. So, motorists should always compare prices before buying coverage.

Automobile Insurance Costs in Georgia

The state can have freak weather like hailstorms and unexpectedly heavy snowfall as well as tornadoes. All these factors will increase claims and therefore affect premiums for everybody. Also, it is a densely populated state with over 10 million residents and therefore vehicular accidents and crimes are higher than usual. These demographic factors increase rates here and most other similar states.

Average cost of liability car insurance in Georgia is $639, which is slightly higher than the US average. And full coverage average is $2,085, which is also slightly higher than the country average. Full coverage costs three times more than the liability only premiums.

Most Affordable Vehicle Insurers in Georgia

If you somehow choose one of the most expensive providers you may pay 3 years worth of premium in one year. No matter which city you are from, keep this in mind when shopping around. Here are the currently most affordable companies but rates can change fast. So, you shouldn’t ignore others and get a few more quotes that allow proper comparison. One alone may not tell you anything about its competitiveness but lining up several of them side by side sheds a brighter light on each of them.

  1. GEICO, $667
  2. Auto-Owners, $847
  3. Country Financial, $887

Rates are pretty uniform across and most cities nicely fall around the median figure with only a few exceptions. This suggests external risks and exposures are pretty similar in most parts.

Auto Insurance in Atlanta GA

It is by far the largest with 448,000 residents. On top of this large population, Atlanta has a reputation for congestion, traffic accidents and crimes that it is not surprising to see companies cannot cut prices here. However, it is not bad at all since Atlanta policyholders pay only 20% more than the state average. Perhaps, there is a fierce competition or Atlantans shop around for the best deals to keep their premiums low.