Get The Best Georgia Car Insurance Rates

Reader’s Question:

I moved from Alabama to Georgia and my car insurance rates increased! Why?

Henry

Atlanta GA

The state of Georgia and Alabama have both the same basic coverage of minimum Bodily Injury Liability limits of $25,000 per injured person up to a total of $50,000 per accident, and a minimum limit of $25,000 for Property Damage Liability per accident.

There are several reasons for Alabama and Georgia car insurance rates  variations. The first is that there are more population and drivers in the state of Georgia. Alabama had a population of a little over 4.6 million in 2007 while in Georgia they’d a population of 9.5 million. Because of the bigger population, so that means there are more accidents, especially fatalities, in GA than in AL.

The increase in Georgia car insurance rates may be due to the area that you live in. Car insurance is much more costly in cities due to the higher density of traffic, greater probability of theft and vandalism, and higher occurrence of fraud. When you relocated from a more countryside area of AL to a city area of GA your Car insurance rates would increase in part.

It’s been reported lately that there was a sudden increase in Georgia car insurance rates. Car insurance premiums have increased nearly seven percent on average because of new law that doesn’t demand insurance providers to have state approval before modifying car insurance rates.

Although some insurance providers in Georgia have increased their car insurance rates you may still find some auto insurance companies who’ve not changed their underwriting standards and premium rates. Additionally, some insurance providers have only minimally increased their car insurance rates while some have gone for that optimum car insurance rate increase. For this reason in Georgia you should look around for the best Georgia car insurance rates possible.

Where Do You Find Georgia Car Insurance Company Ratings?

Reader question:

How do I know that my Georgia car insurance company will be able to settle my claim?

Megan

Thanks for asking, Megan!

That is actually a very good question, and I think the best way to address it would be to go back to square one. When you are figuring out whether or not an  car insurance company will be able to settle your claim if filed, you should not be to the point where you are calling it your own company yet. This is a step that you should take while you are still in the process of shopping around for an insurance policy.

• Georgia car insurance companies have ratings, too!

That’s right, they can’t just rate you–other companies rate them as well. There are several companies which rate car insurance providers on standards ranging from customer service to financial stability. An insurance company might quote you some fantastic low ball quote, but that’s a perfect incentive to check its financial rating and make sure there isn’t some tricky reason behind that low quote. Unless you’re getting involved with a national  car insurance company that obviously has enough money to cover you, then you should check.

There are two main companies that provide you with the information you need on insurance companies:

One thing that these companies use to rate the  insurance companies is the length of time that they have been in business. If the company just started up last week, then there won’t be any information, and that right there is a good reason to avoid it.

Cheers,

Fashun Guadarrama.