Drivers in Georgia pay an annual premium of $ 756 for minimum coverage and $ 1,982 for full coverage auto insurance, on average. However, it is possible to pay less if you know where to look. By shopping and using the best auto discounts, you can help lower your auto insurance costs.
Bankrate’s editorial team analyzed the latest auto insurance premiums and looked at current rankings from industry experts such as JD Power and AM Best to determine the average cost of auto insurance in Georgia among the top providers of car insurance.
How much does car insurance cost in Georgia?
The average amount that drivers pay for auto insurance varies from state to state. In Georgia, the average annual amount that drivers pay is $ 756 for minimum coverage and $ 1,982 for full coverage, which is higher than the national average. Currently, the US average is $ 565 per year for minimum coverage and $ 1,674 per year for full coverage.
However, keep in mind that what you pay for auto insurance is determined by a variety of factors (meaning you may be paying more or less than the numbers above). When calculating auto premiums, auto insurers consider the following pricing factors:
- Age (except Hawaii)
- Gender (in most states)
- Vehicle type
- Driving history
- Where you live
- Marital status
- Credit history (in most states)
- Deductible amount
- Type of cover
Georgia auto insurance rates by company
How much does auto insurance cost in Georgia? It depends on the company with which you are insured.
The following table illustrates the cost differences between most of the major insurers available in Georgia. As you will see, it may be worth looking for cheaper auto insurance. Never assume that you will pay the same amount of premium from company to company. And while the best auto insurance isn’t always the cheapest auto insurance (and vice versa), the good news is that you have plenty of options for the best auto insurance companies in Georgia.
|Auto insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
|ACCC Insurance||$ 659||$ 1,945|
|Alfa||$ 859||$ 2,450|
|Allstate||$ 706||$ 1,718|
|Car owners||$ 532||$ 1,494|
|Financial Country||$ 614||$ 2,183|
|Donegal||$ 963||$ 2,153|
|Geico||$ 508||$ 1,711|
|Mercury||$ 760||$ 1,915|
|MetLife||$ 887||$ 1,788|
|At national scale||$ 585||$ 1,202|
|Progressive||$ 708||$ 1,800|
|Safeway||$ 945||$ 2,372|
|South General Agency||$ 3,354||$ 6,717|
|State farm||$ 486||$ 1375|
|United States||$ 581||$ 1,506|
Georgia auto insurance rates by city
Average auto insurance rates in Georgia vary by city. This is because more populated areas usually have more accidents.
In the table below, you will find the average rate for each city and the percentage increase over an average full coverage premium of $ 1,982 per year.
|City||Average annual premium for full coverage||% increase in average annual premium|
Georgia Auto Insurance Rates by Age
Average auto insurance rates in Georgia are heavily influenced by the age of the driver (as is the case in most states). Indeed, young drivers are statistically more likely to have an accident due to a lack of driving experience. Assuming they don’t have major traffic violations, their rates should drop as they get older.
* 16 years and 17 years calculated on the parents’ policy.
Georgia auto insurance rates by driving record
Past driving offenses can dramatically increase auto insurance rates in Georgia. Here’s what you can expect to pay for auto insurance after a driving incident.
|Driving incident||Average annual premium for full coverage in Georgia||% increase in average annual full coverage premium|
How To Save On Car Insurance In Georgia
To save on auto insurance rates in Georgia, drivers should consider the following tactics:
- Shop: Auto insurance companies charge different rates. One of the reasons is that insurers have unique pricing algorithms to determine their costs. For example, a speeding ticket can have a greater impact on your premium with one company but have less impact with another carrier.
- Increase your deductible: Increasing your deductible will reduce the amount your provider will pay after an accident, but it will also reduce the amount you pay each month. Most providers have several franchise options to suit a variety of budgets. Just make sure you understand the implications of selecting a higher deductible before choosing one.
- Discounts: Many auto insurers offer discounts. When shopping, it’s not enough to verify that a company offers a particular discount. You will want to speak to an insurance agent to understand how much you will save with the discount. Indeed, the amount of a discount varies according to each supplier.
- Driving an old vehicle: New vehicles cost more to replace, and this is why they generally cost more to insure. To save on auto insurance, consider driving an older car with a high safety rating.
Car insurance requirements in Georgia
Georgia requires minimum automobile liability limits of 25/50/25. This means that vehicles registered in Georgia must carry at least:
- $ 25,000 civil liability for bodily injury per person
- Civil liability of $ 50,000 per accident
- $ 25,000 liability for property damage per accident
However, drivers in Georgia should consider purchasing more than their state’s minimum coverage requirements. There are several reasons for doing this. For starters, be aware that if a hailstorm damages your vehicle, the minimum coverage will not cover the cost of repairs (only full coverage would). Or what if you are responsible for an accident and the damage exceeds $ 25,000 in costs? Any expenses above your insurance coverage limits would be covered by you out of pocket.
You may also need more than the state’s minimum coverage if you are financing or leasing a vehicle. Most lenders require full coverage and collision coverage, and some may even require higher liability limits.
Frequently Asked Questions
Is Uninsured Motorist Coverage Required in Georgia?
No, this is not the case. However, this could be a good coverage to have since Georgia has an uninsured motorist rate of 12.4%. If you had an accident with an uninsured motorist, you may be forced to pay your own bills.
What is the best auto insurance in Georgia?
The best auto insurance companies in Georgia are different for everyone depending on individual circumstances. Insurance companies use specific pricing factors to calculate insurance premiums, such as your age, make and model of your vehicle, your credit history, and your driving history.
How to find the cheapest car insurance in Georgia?
Each company rates auto insurance differently, so comparing auto insurance offers from the best providers in Georgia can help you find the lowest coverage for your situation.
Bankrate uses Quadrant Information Services to analyze 2021 rates for all zip codes and carriers in all 50 states and Washington, DC Rates shown are based on a 40 year old male and female driver with a clean driving record , good credit and the following comprehensive coverage limits:
- $ 100,000 liability for bodily injury per person
- $ 300,000 in civil liability for bodily injury per accident
- Civil liability for property damage of $ 50,000 per accident
- $ 100,000 in bodily injury caused by an uninsured motorist per person
- $ 300,000 in uninsured bodily injury per accident to a motorist
- $ 500 collision deductible
- Global deductible of $ 500
To determine the minimum coverage limits, Bankrate used minimum coverage that meets the requirements of each state. Our basic profile drivers own a 2019 Toyota Camry, commute five days a week and cover 12,000 miles a year.
To determine the alternative rates, our base profile was adjusted for the following scenarios:
- Driving history: the rates were calculated by evaluating our baseline profile with the following incidents applied: clean record (baseline), at-fault accident, single speeding ticket, and single conviction for impaired driving.
- Age: the rates were calculated by evaluating our baseline profile with ages 18-60 (baseline: 40) applied. For teenage drivers, the rates were determined by adding a 16- or 17-year-old teenager to the policy of a 40-year-old married couple. The prices displayed reflect the additional cost to the parents policy.
These are sample rates and should be used for comparison purposes only.