Georgian drivers pay an average annual premium of $756 to get minimum coverage, and $1,982 to get full coverage.It is possible to pay less, if you know how to search. You can reduce your car insurance by shopping around and taking advantage of the best auto discounts.
Bankrate’s editorial staff reviewed the most recent auto insurance premiums, and reviewed current rankings by industry experts such as J.D. Power and AM Best were used to calculate the average cost for car insurance in Georgia by the top car insurers.
What is the cost of Georgia car insurance?
The average amount drivers pay for car insurance varies from state to state. The average annual cost of car insurance in Georgia is $756 for minimum coverage and $1982 for full coverage. This is higher than the national average. The U.S. average for minimum coverage is $565 and full coverage is $1,674 annually.
Keep in mind, however, that the price you pay for your car insurance depends on a number of factors. You may end up paying more or less than what was shown above. These rating factors are considered by auto insurers when calculating auto premiums.
- Age (save Hawaii)
- In most states, it’s called sex.
- Type of vehicle
- Driving history
- Wherever you live
- Marital status
- Credit history in most states
- Minimum amount
- Get Discounts
- Types of coverage
Georgia auto insurance rates by company
What is the cost of Georgia car insurance? It all depends on the company that you are covered.
Below is a table that shows the cost differences among the most popular insurers in Georgia. As you will see, it can be worth your time and effort to shop around for cheaper car insurance. Do not assume that you will pay the exact same premium amount for each company. The good news is that there are many options available for you to find the best Georgia car insurance companies.
Georgia auto insurance rates by location
Georgia’s average car insurance rates vary from one city to the next. This is due to the fact that more people live in areas with more accidents.
Below is the table that shows the average rate in each city as well as the percentage increase over the $1,982 annual full coverage premium.
Georgia car insurance rates based on age
Georgia’s average car insurance rates are heavily affected by the driver’s age, as they are in many other states. This is because younger drivers are statistically more likely to get into an accident due to a lack of driving experience. If they don’t have any traffic offenses, their rates should drop as they age.
How to Save on Georgia Car Insurance
These are some ways to save money on Georgia’s auto insurance rates
- Shopping around: Car insurance companies charge different rates. Insurers use unique pricing algorithms to determine their prices. A speeding ticket can have a greater impact on your premium with one company than it does with another.
- Increase your deductibleYour deductible can reduce the amount your provider pays after an accident but will also lower the monthly amount you pay. Many providers offer a range of deductible options to suit different budgets. Before you choose a higher deductible, make sure that you fully understand the implications.
- Get DiscountsDiscounts are offered by many auto insurance companies. It is important to check with multiple companies to confirm that they offer a discount. To find out how much you can save, speak to an agent. Because each provider offers a different amount of discounts, it is important to understand this.
- Driving an older vehicleIt is more expensive to replace a new vehicle, so it is more expensive to insure. Consider driving an older vehicle with a high safety rating to save money on your car insurance.
Georgia car insurance requirements
Georgia requires minimum auto liability limits of 25/50/25. Georgia requires that all vehicles registered must have at least:
- $25,000 bodily injury liability per individual
- $50k bodily injury liability per accident
- $25,000 per accident property damage liability
Georgia drivers should think about purchasing additional coverage beyond the minimum required by their state. This is a good idea for many reasons. Consider that, if your vehicle is damaged by hail, the minimum coverage will not cover the cost of repairs. Only comprehensive coverage will. What if the accident damages exceed $25,000? You would pay out-of-pocket for any expenses that exceed your insurance coverage limits.
If you finance or lease a vehicle, you may need additional coverage than the minimum state requirement. Many lenders require collision and comprehensive coverage. Some may require higher liability limits.
Questions frequently asked
Georgia law requires uninsured motorist coverage
It isn’t. However, it could be a good coverage to have since Georgia has a 12.4% uninsured motorist rate. You could end up paying all your bills if you are involved in an accident with an uninsured driver.
What is the best Georgia car insurance?
The best car insurance companies in Georgia are different for everyone based on individual circumstances. Insurance companies use specific rating factors to calculate insurance premiums, such as your age, the make and model of your vehicle, your credit history and driving history.
How can I find Georgia’s cheapest car insurance?
Each company prices car insurance differently, so shopping around to compare auto insurance quotes from Georgia’s top providers may help you find the lowest coverage for your situation.