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.
Simple Ways To Lower Auto Insurance Rates In Georgia
Reader question:
I get so mixed up with my auto insurance. I have so many bills to pay each month and I just don’t have time to figure out how to lower my premium. What can I do?
Jack in Atlanta Georgia
Thank you for asking, Jack.
You know, there is actually a way that you can kill two bird with one stone, and lower the stress of multiple bills while also lowering your auto insurance premium. This is pretty simple to do, and might take a few minutes of your time, but it will be extremely valuable in your future.
The key to a cheap, stress less, Atlanta Georgia auto insurance rate is to
- Combine, combine, combine!
The first thing you need to do, Jack, if look at each of the insurance companies that you are with, not just your auto insurance company. What kind of insurance do they offer? Many companies will offer life, home owner’s, and auto insurance, while some will only offer one kind of insurance. If you have the latter type holding your policies, then you need to ditch them and find a company that offers more.
Once you have decided on a good auto insurance company that also offers other types of insurance, you should buy all of your insurance policies through them. Not only will you essentially consolidate your insurance bills, making them easier to keep track of, but you will also lower your premium through the multiple policy discount that most companies offer.
- Join, join, join!
You don’t have to go it alone on your insurance premium if you have another choice. If you have a fiancée, why not combine your policies into one insurance policy? Same with a wife, or a roommate, or even a good friend. By adding someone else to your policy, you can save a lot of money on your auto insurance premium, especially if that person is lower risk than you are.
Raise your deductible amount to $1,000. If you are a safe driver and have not had any accidents or claims in the last 5 years raising your deductible could be a super easy way to lower your annual premium. Remember, you only pay the deductible amount when you file a claim with your insurance company and they pay that claim.
Cheers,
Fashun Guadarrama.
What Is The Minimum Required Auto Insurance in Georgia?
If you want to get auto insurance in Georgia, then you are required to follow the law and get the proper amount of coverage. If you don’t want to get auto insurance, then you’re out of luck, because you have to. End of story. Most car insurance companies will sale you the simple minimum liability of auto insurance if you go in and request nothing more than to be insured, but you still ought to understand what is required and why, and why you should take a step beyond that.
To meet the minimum requirements for auto insurance in Georgia, you are required to have liability coverage. This type of coverage will take care of medical costs and property damage for the person to whom you cause damage in an accident which is your fault. You have to have:
- $25,000 of bodily injury coverage for each individual
- $50,000 cap for each accident if there is more than one person
- $25,000 for damage to property, such as a vehicle or a fence
These are the required amounts, but most companies that sell auto insurance in Georgia suggest that you stack on a little more than this amount of insurance, and the most commonly suggested amount is 100/300/100. You should remember when buying liability coverage for bodily injury that the two amounts do not combine. If you have fifty thousand of coverage for more than one person, then that is all that you get for a single accident, even if four people are injured. If only one person is injure, all they get is twenty five thousand. Considering the cost of medical bills in bad accidents, it makes sense to get more than that amount.
You need to have auto insurance, because the Georgia department of insurance can tell when you don’t. As a matter of fact, they have an online insurance verification system that keeps track of the insured and uninsured in the state. You can check your own status online to make sure that there aren’t any mistakes, although if you have only recently gotten a policy you should let a month pass before checking because it takes time.
If you go without auto insurance for 10 days or more, then your registration could be suspended. You would then have to pay $85 to restore. And although your auto insurance can be verified online, you should still carry an insurance card in your vehicle for when you get pulled over.
If you want to lower your annual premiums, try raising your deductible amount to something like $1,000 or more. You only pay when you file a claim with your insurance carrier and the savings over the long term could be substantial.
What Is The Minimum Car Insurance Coverage in Georgia?
Reader’s Question:
What is the Georgia law minimum car insurance requirements?
Melanie
Thank you for asking.
It is requires for all motorist in the state of Georgia to carry accident liability insurance for each of the cars they own. This mandatory liability insurance will help cover any damages or medical payments for those injured in the accidents. The minimum amounts that you may be covered in order to satisfy the law are:
$25000 per person for bodily injury
$50000 per accident for bodily injury to two or more people
$25000 per accident for the property damage
It is possible for the state now to verify your insurance status online. It is required that all insurance companies should submit policy information to a state wide database electronically when an individual purchases an insurance. You may also be able to check with the Department of Revenue website your status online and verify if your insurance coverage is properly documented to save you time and expense in the future.
The processing time is 30 days to transmit the data by the insurance companies.
Goodluck!
MariCAR
Auto Insurance Tips For Cheaper Georgia Rates
Georgia Auto Insurance
In Georgia, like in any other state, accidents happen, fenders get bent, people get hurt. So when disaster strikes, auto insurance is there for you to protect you.
Why should you purchase an insurance?
1. Car insurance protects you from any financial risk with any injuries and property damage that are caused by accidents. This may also include any acts of nature, theft and vandalism.
2. It is mandatory in Georgia that all motorist should have the minimum liability coverage. Other types of coverage may be optional or required depending on the regulation of the state.
3. If you have an outstanding car loan, you will be required by the car lender to have a minimum liability coverage of car insurance.
If you are having a hard time paying your high premiums on your car insurance, it is best to know what are the factors that affects your insurance premiums. Your age, the state where you live, where your car is garaged, the model of your car, and your driving record are just some of the factors that determine your insurance rate.
Here are some of the things that may help you lower your insurance rate:
1. increase your insurance deductibles
2. ask for any available discounts
3. avoid purchasing a vehicle that is prone to theft or vandalism
4. Keep your car safe in the garage
5. eliminate optional coverage
6. maintain a good driving record by driving safely
MariCAR
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