WEDNESDAY, JANUARY 27, 2021
Auto insurance rates vary state by state for several reasons from minimum auto insurance requirements to healthcare costs in the area. Georgia is no exception. Thankfully, Georgia is not one of the highest states in terms of auto insurance costs. In fact, Georgia falls somewhere around the middle with an average of $1,746 for full coverage auto insurance as of 2021.
Your rates will differ depending on a variety of personal factors such as your age, gender, driving record, credit score and more. Before purchasing a car insurance policy, compare quotes and speak with insurance agents. You can save money on your Georgia auto insurance by building your credit and keeping a clean driving record.
Your driving record is one of the biggest influencers on your auto insurance policy. In Georgia, a single at fault accident could remain on your record for three years while a DUI may remain on your record for 10 years. At the end of these violation periods, you could see a drop in your rates.
Other repercussions for accidents may vary depending on the circumstances and damages caused, but generally involve fines, license suspension and/or possible jailtime.
How Much Auto Insurance is Required in Georgia?
In Georgia, all drivers are legally required to carry a minimum of:
-
$25,000 in bodily injury liability per person
-
$50,000 in bodily injury liability per accident
-
$25,000 in property damage liability
-
$25,000/$50,000 uninsured motorist bodily injury liability per person/per accident
-
$25,000 uninsured motorist property damage
This is only the minimum requirements and doesn’t represent how much coverage you should have. In general, it is recommended that you carry full coverage auto insurance to completely protect your vehicle. Full coverage refers to the highest amount of coverage you can have on a single vehicle and often includes:
-
Comprehensive Coverage: Comprehensive coverage provides compensation for damages to the vehicle caused by fire, wind, hail, lightning, smoke, theft, vandalism and more.
-
Collision Coverage: Collision coverage provides compensation for damages to the vehicle caused by a collision with another vehicle or object.
-
Liability: Liability covers bodily injury and property damage you may cause someone else while operating the insured vehicle.
-
Medical Payments Coverage: Medical payments coverage provides compensation for medical bills you and your passengers may face after an accident, no matter who caused the accident.
-
Uninsured/Underinsured Motorist: This insurance covers damages involved in an accident with another driver who is not carrying insurance.
Speak with an insurance agent about saving money on your Georgia auto insurance policy.
No Comments
Post a Comment |
|
Required
|
|
Required (Not Displayed)
|
|
Required
|
All comments are moderated and stripped of HTML.
|
|
|
|
|
|
NOTICE: This blog and website are made available by the publisher for educational and informational purposes only.
It is not be used as a substitute for competent insurance, legal, or tax advice from a licensed professional
in your state. By using this blog site you understand that there is no broker client relationship between
you and the blog and website publisher.
|
Blog Archive
|