Georgia's Cheapest Auto Insurance: Best Rates And Deals

Georgia has some of the most expensive car insurance rates in the country, with an average annual rate of $2,610. The cheapest car insurance in Georgia is offered by Georgia Farm Bureau, Central Insurance, and Auto-Owners Insurance. Georgia Farm Bureau offers the cheapest full coverage in Georgia, with an average rate of $1,403 per year. Central Insurance offers the cheapest rates in Georgia at $351 per year, on average, for minimum coverage car insurance. Auto-Owners Insurance has the lowest average annual rate in Georgia at $99.25 per month.

Full coverage insurance in Georgia costs an average of $2,167 per year

Georgia's average premium for full coverage insurance is $1,535 per year, or $128 per month. This is just over $6 more than the national average rate. However, according to a 2024 analysis by NerdWallet, the average cost of full coverage insurance in Georgia is $2,167 per year, or $181 per month.

The cost of full coverage insurance in Georgia varies depending on several factors, including age, location, driving record, and more. For example, younger and less experienced drivers typically pay higher rates for car insurance than older age groups. Additionally, drivers with a history of accidents or citations may see an increase in their premiums.

It's important to note that these averages may not reflect the exact cost of full coverage insurance for individuals in Georgia, as rates can vary significantly based on specific circumstances and insurance providers. To find the most affordable option, it is recommended to compare quotes from multiple insurance companies.

Georgia Farm Bureau offers the cheapest full coverage in Georgia, with an average rate of $1,403 per year

Georgia Farm Bureau offers the cheapest full-coverage auto insurance in Georgia, with an average rate of $1,403 per year, according to NerdWallet's September 2024 analysis. This is significantly lower than the average cost of full coverage in Georgia, which is $2,167 per year, or $181 per month.

If you are looking for an even cheaper policy, you can opt for minimum coverage. The average cost of minimum coverage in Georgia is $720 per year, or $60 per month. Central Insurance offers the lowest rates for minimum coverage, with an average annual rate of $351.

It is important to note that auto insurance rates can vary based on factors such as age, driving record, and location. Therefore, it is recommended to compare quotes from multiple insurance providers to find the most affordable option for your specific needs.

The average cost of minimum coverage in Georgia is $720 per year

The cost of auto insurance in Georgia varies depending on factors such as age, location, driving record, and more. For example, the average cost of full coverage for a 35-year-old driver in Georgia is $2,167 per year, or $181 per month. On the other hand, the average cost of full coverage for a 20-year-old driver is $2,801 per year, or $233 per month.

When it comes to insurance companies, Central Insurance and Auto-Owners Insurance offer some of the cheapest rates in Georgia. Central Insurance provides the cheapest rates for minimum coverage, with an average of $351 per year, while Auto-Owners Insurance offers the cheapest rates for full coverage, with an average of $1,191 per year.

It's worth noting that these rates may not be available to all drivers and that insurance companies take various factors into account when determining premiums. Additionally, insurance rates in Georgia have been on the rise, and it's essential to shop around and compare quotes to find the most affordable option.

To legally drive in Georgia, the minimum coverage requirements include bodily injury liability of at least $25,000 per person and $50,000 per accident, as well as property damage liability of at least $25,000 per accident. However, it is recommended to consider higher coverage limits and additional coverages for more comprehensive protection.

Central Insurance offers the cheapest rates in Georgia at $351 per year, on average, for minimum coverage

Central Insurance: The Cheapest Auto Insurance in Georgia

According to recent studies, Central Insurance offers the cheapest auto insurance rates in Georgia, with an average annual cost of $584 for liability coverage and $1,823 for a full-coverage policy. For 35-year-old drivers with a clean driving record, Central Insurance provides the lowest rates for minimum coverage, averaging $351 per year or $49 per month.

The Importance of Auto Insurance in Georgia

Georgia law mandates that all drivers carry a minimum level of auto insurance to legally operate their vehicles. The state's minimum requirements include bodily injury liability coverage of $25,000 per person and $50,000 per accident, as well as property damage liability coverage of $25,000 per accident. These requirements ensure that drivers can cover the costs of property damage and injuries to others in the event of an accident.

Benefits of Full Coverage Auto Insurance

While minimum coverage is a more affordable option, full coverage auto insurance offers more comprehensive protection. In Georgia, a full-coverage policy typically includes collision and comprehensive coverage, in addition to the state-mandated liability insurance. Collision coverage pays for repairs to your vehicle if it is damaged in an accident, while comprehensive coverage protects against non-collision-related incidents, such as theft, vandalism, or natural disasters.

Factors Affecting Auto Insurance Rates in Georgia

It's important to note that auto insurance rates in Georgia can vary based on several factors. Age, gender, driving history, vehicle type, and credit score all play a role in determining insurance premiums. For example, younger and less experienced drivers tend to pay higher rates, while drivers with a clean driving record and good credit may qualify for discounts.

Shopping Around for the Best Rates

To find the cheapest auto insurance in Georgia, it's recommended to compare quotes from multiple insurance providers. Rates can vary significantly between companies, and by shopping around, drivers can ensure they get the best value for their money. Additionally, insurance companies offer a range of discounts that can further lower premiums, such as good student discounts, safe driver discounts, and discounts for bundling multiple policies.

Understanding Coverage Limits and Deductibles

When selecting an auto insurance policy in Georgia, it's crucial to understand the coverage limits and deductibles. Coverage limits refer to the maximum amount the insurance company will pay for a covered loss, while the deductible is the amount the policyholder must pay out of pocket before insurance benefits kick in. Higher coverage limits and lower deductibles typically result in higher insurance premiums.

While Central Insurance offers the cheapest rates for minimum coverage in Georgia, it's important for drivers to consider their specific needs and choose a policy that provides adequate protection. By comparing rates, reviewing coverage options, and taking advantage of available discounts, Georgia drivers can find affordable auto insurance that meets their unique requirements.

The cheapest car insurance companies in Georgia are: Central Insurance, Country Financial, Auto-Owners, USAA and Geico

The Cheapest Car Insurance Companies in Georgia

The cost of car insurance in Georgia is influenced by factors such as age, location, driving record, and vehicle type. The average cost of car insurance in Georgia is $1,535 per year, or $128 per month. However, there are several insurance companies that offer cheaper rates.

Central Insurance

Central Insurance offers the cheapest liability-only and full-coverage car insurance in Georgia, with average rates of $584 per year for liability coverage and $1,823 per year for a full-coverage policy. The company provides a range of coverage options and unique discount opportunities.

Country Financial

Country Financial is a regional insurance provider that offers affordable rates, particularly for minimum-liability policies and drivers with poor credit. They have a wide range of discounts and are known for their excellent customer service.

Auto-Owners

Auto-Owners Insurance is a good option for young drivers and students in Georgia due to their low rates and extensive coverage options. They also offer various discounts, including for safety features and paperless billing.

USAA

USAA offers some of the cheapest car insurance rates in Georgia, but their policies are only available to military members, veterans, and their immediate families. They provide a variety of coverage options and useful discounts, such as for low annual mileage.

Geico

While Geico's rates are not the cheapest overall, they do offer affordable and dependable car insurance, especially for seniors. Geico is one of the few providers that offer discounts specifically for senior citizens and has a guaranteed renewal program for older drivers.

It is important to note that insurance rates can vary based on individual factors, and it is always recommended to shop around and compare quotes from multiple providers to find the best deal.

Frequently asked questions