Categories: Insurance

Cheap Car Insurance Quotes In Georgia

Cheap Car Insurance Quotes In Georgia

Cheap Car Insurance Quotes In Georgia

The Ultimate Guide to Cheap Car Insurance Quotes:

Car insurance in Georgia costs $991 for a 6-month policy, which is 13% more expensive than the national average. If you are in Georgia and want cheaper coverage, you can opt for liability coverage at $370 for a 6-month policy. Experts looked at various factors like coverage levels, driving histories, and different companies to find the best car insurance options for you in Georgia.

To understand how much auto insurance might cost in Georgia and find a fair rate for your situation, keep reading. If you are ready to save money by comparing prices, go to the official website of your preferred insurance company and enter your ZIP code in the designated column to get personalized quotes from top insurance companies.

What Are the Cheapest Car Insurance Companies In Georgia For Minimum Coverage

When looking for affordable car insurance, Georgia drivers should think about the amount of coverage that suits their needs. While minimum coverage in Georgia may be cheaper, it offers less financial protection compared to a full coverage policy.

Read: Cheap Car Insurance Quotes In Florida

Each driver’s needs vary, and it is important to understand their level of risk tolerance. For instance, if you have assets like owning a home, renting properties, or having your own business, it may be worthwhile to consider higher coverage limits, such as 100/300/100, and possibly an umbrella policy.

When you choose to have only the basic insurance required by Georgia, you are getting the least coverage required to drive legally. This basic coverage, called liability coverage, pays for damages and injuries to the other driver, their passengers, their car, and pedestrians if you cause an accident. However, it doesn’t cover the damage to your own car or medical expenses for you and your passengers.

The average cost for this basic insurance in Georgia is $813 per year, but auto owners and the Georgia Farm Bureau often offer lower premiums for minimal coverage compared to the average. You might find affordable car insurance from these companies:

  • Auto-Owners Insurance: $38 per month, $454 per year.
  • Georgia Farm Bureau Insurance: $42 per month, $502 per year.
  • Encompass Insurance: $43 per month, $521 per year.
  • Allstate Insurance: $54 per month, $648 per year.
  • Nationwide Insurance: $55 per month, $664 per year.

What Is The Minimum Insurance Coverage Requirements For Car Drivers In Georgia

Not having insurance while driving in Georgia can lead to significant penalties. To meet the minimum liability standards for car insurance in Georgia, drivers must have at least:

  • $25,000 bodily injury liability per person
  • $50,000 bodily injury liability per accident
  • $25,000 property damage liability per accident

Liability insurance is designed to protect the other party in an at-fault accident, and it doesn’t apply to you or your vehicle. While Georgia doesn’t make it mandatory for drivers to get additional coverage like comprehensive, collision, and medical payments, including them in your policy can provide more financial protection for your vehicle’s damage or immediate medical expenses from an incident. The average cost for this basic coverage in Georgia is $813 per year.

If you have a loan on your vehicle or it’s leased, comprehensive and collision coverage may be necessary. Although these coverage types increase your policy cost, they can help reduce out-of-pocket expenses after an accident. While uninsured motorist coverage and underinsured motorist coverage aren’t required in Georgia, it’s worth considering them. These coverage types can be helpful if someone without insurance or with insufficient coverage hits your vehicle.

Cheap Full Coverage Car Insurance Quotes In Georgia

If you have a car loan or lease, or your vehicle is worth a lot, it is a good idea to look for full coverage insurance. Full coverage includes comprehensive and collision coverage along with liability insurance, and it helps pay for damage to your car in certain situations. Auto-Owners usually has the lowest rates for full coverage in Georgia, but you can also explore affordable options with these providers:

Auto-Owners Insurance Company:

  • Average monthly premium: $133
  • Average annual premium: $1,601
  • Savings vs state average for full coverage: -$1,009

Mercury Insurance Company:

  • Average monthly premium: $167
  • Average annual premium: $2,001
  • Savings vs state average for full coverage: -$609

Encompass Insurance Company:

  • Average monthly premium: $189
  • Average annual premium: $2,274
  • Savings vs state average for full coverage: -$336

Progressive Insurance Company:

  • Average monthly premium: $192
  • Average annual premium: $2,300
  • Savings vs state average for full coverage: -$310

Georgia Farm Bureau Insurance Company:

  • Average monthly premium: $201
  • Average annual premium: $2,415
  • Savings vs state average for full coverage: -$195

Cheap Car Insurance Quotes In Georgia For Average Coverage

The coverage level you choose has a big impact on your costs. In Georgia, liability coverage costs around $370 for a standard 6-month policy. The below shows annual rates from top insurance providers in Georgia for liability coverage:

USAA:

  • Avg. Annual Premium: $590

Georgia Farm Bureau:

  • Avg. Annual Premium: $598

GEICO:

  • Avg. Annual Premium: $726

State Farm:

  • Avg. Annual Premium: $732

Allstate:

  • Avg. Annual Premium: $741

Progressive:

  • Avg. Annual Premium: $804

Nationwide:

  • Avg. Annual Premium: $849

Georgia Auto Insurance Costs After An Accident

Securing affordable car insurance in Georgia after an accident can pose a challenge. Insurers assess your risk as a policyholder by considering your past accidents and tickets. A recent at-fault accident could result in your car insurance rates increasing by around $755 annually. Below is what leading insurance providers in Georgia might charge you after being at fault in an accident.

Georgia Farm Bureau:

  • Avg. Annual Premium: $1,794

USAA:

  • Avg. Annual Premium: $2,173

Nationwide:

  • Avg. Annual Premium: $2,387

Allstate:

  • Avg. Annual Premium: $2,498

State Farm:

  • Avg. Annual Premium: $2,639

Progressive:

  • Avg. Annual Premium: $3,142

GEICO:

  • Avg. Annual Premium: $4,315

Getting cheap car insurance in Georgia is important for drivers who want to be responsible with their budget. By learning about what affects insurance costs and checking out quotes from different companies, you can find coverage that fits your needs without spending too much money. Even if you have had an accident where you were at fault, there are choices from top insurance companies in Georgia that provide good rates.

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Samuel

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