Georgia offers affordable car insurance. This is due in part to the fact that Georgia is an inexpensive state to insure vehicles. Average yearly premiums in Georgia are almost $200 lower than the national average. Atlanta residents will pay more for car insurance than those in the rest of Georgia. However, there are still ways to save money and get great coverage.
Georgia’s Cheapest Car Insurance
A policy that meets only the minimum state requirements will be the cheapest. Georgia’s minimum requirements for car insurance are liability coverage and no other coverage. The minimum coverage required for Georgia car insurance is liability coverage. Limits of 25/50/25 must provide liability coverage up to $25,000 per person and $50,000 per accident for bodily injury, and $25,000 per accident for property damage. Uninsured motorist coverage is not required, but you can get it, quite cheaply, if desired. You may need to meet the coverage requirements of your lender. Insurance against theft, fire, and vandalism will be included in this policy.
Controlling the Risk of Cheap Car Insurance in Georgia
You will pay more for the type of policy that you choose, but it is important to manage your risk factors so you can qualify for low rates on even the bare-bones policy. Each customer is evaluated by underwriters to determine the risk they pose to the company. Although every company weighs risk differently from one company to the next, these are some of the most important factors.
- Age
- Driving record
- Gender
- Credit score
- Type of vehicle that is insured
- Vehicle age/mileage
- Miles driven per week
- Types of driving
- Occupation
- Where is the vehicle garaged?
The average annual cost of Georgia auto insurance was $1,361 in 2010, compared to $1,538 nationally. You can lower your rates by understanding the risk factors and shopping around.
Get Discounts on Ultra-Cheap Car Insurance in Georgia
While taking care of your risk factors can help reduce your auto insurance rate, you should also take advantage of any discounts offered by your insurance provider. These are some of the most popular discounts offered by Georgia’s auto insurance providers.
- Buy homeowners insurance along with an auto policy
- Auto insurers can insure boats and recreational vehicles
- Good grades are important for students
- Learn defensive driving
Residents of Georgia should also take steps to secure their vehicles. Georgia is ranked first in the country in vehicle thefts, alongside some of its neighbors. Georgia is responsible for approximately 9 percent of all vehicle burglaries in the United States. You can save money by installing an anti-theft device, alarm system, and services like OnStar. If possible, park your car in your garage, and not in the street.
Resources to help you find cheap car insurance in Georgia
If you have the right tools, shopping for auto insurance is much easier. These tools will help you find information about Georgia’s auto insurance laws and information about insurance providers.
- Georgia Office of Insurance and Safety Fire Commissioner
- Georgia.gov
- JD Power and Associates
- Moody’s
- Local Georgia Better Business Bureau
These sites are great for learning about Georgia auto insurance, and helping you choose the right policy and company. JD Power and Associates gives ratings for insurance providers. Moody’s offers financial stability information about potential insurers. These two Georgia government sites provide regulation and allow you to search for agents who can insure your car. You can also compare rates. You should always check with the local BBB before you make any major purchases.