The cost of car insurance in Georgia varies based on several factors, including your age, driving history, and where you live or work within the state. On average, Georgia’s insurance rates range from around $821 for the most affordable policies to about $1,015 for higher-risk categories. These differences are influenced heavily by the driver’s background and other considerations such as coverage type and vehicle model.
This article will break down the key factors that affect auto insurance premiums in Georgia. It will also provide an overview of typical costs for various driver profiles and offer practical tips on how to secure affordable and reliable coverage. Whether you’re a new driver or looking to save money on your existing policy, understanding these elements will help you make smarter insurance choices.
How Much Is the Average Cost of Car Insurance in Georgia?
General car insurance in Georgia typically costs a mean of $915 per year. Although this rate is approximately comparable to the national rate, there are several causes for disparity with regard to individual rates. It is also important to understand that a driver’s final insurance premiums depend on several factors, such as his/her past history of traffic violations and the type of insurance policy he/she selects.
Average Cost of Car Insurance Per Month
Georgia’s monthly auto insurance premiums average $76. Hence, the estimate may depend on the level of coverage, the driver’s record, and the specific insurer. Payment inclinations and other financial elements must be considered, primarily if monthly premiums vary.
Who Offers The Best Car Insurance Rates in Georgia?
Georgia, as we know, has numerous auto insurance options, and Beem is among the finest companies. Thanks to Beem’s reasonable and diversified tariffs, Georgia drivers can now drive a car with pleasure. These results result from Beem’s earnest focus on the satisfaction of its consumers and streamlined claims process, which makes it the best provider of affordable auto insurance in India.
Average Cost of Minimum Liability Coverage in Georgia
Georgia requires minimum liability insurance, with $447 being the average annual premium for Georgia drivers. While this insurance meets the state requirements, it may be weak to protect the driver in the event of an incident. In deciding on the insurance coverage, they should consider available options and a driver’s budget.
Average Cost of Full Coverage Car Insurance in Georgia
The current national average full coverage auto insurance, which allows the policyholder to have their car repaired in addition to any damage to the other party’s vehicle, is $1172. Still, in Georgia, it is at $1092 yearly. Different categories of car insurance include comprehensive car insurance, liability car insurance, CE, and collision car insurance, which are forms of coverage insurance. While these policies come in handy in some driving situations and help to lighten the pockets by offering cash settlements and moments of relief, they are costly.
Read: Can You Get Car Insurance For a Self-Employed or Gig Workers
Factors That Influence Car Insurance Costs in Georgia
Insurance premiums in Georgia are impacted by various elements, such as:
- Gender and Age:Â
As a result of their gender and age, younger drivers and men generally pay more for insurance.
- Record of Driving:Â
Insurance prices can go down if you don’t have any moving violations or accidents on your record, but they can go up if you do.
- Location:Â
Prices could be higher in cities because of things like traffic and crime.
- Credit Score:Â
When determining premiums, insurers frequently look at a customer’s credit history; lower scores indicate higher rates.
- Vehicle Type:Â
Insurance premiums are affected by the vehicle’s age, model, and manufacture, which are influenced by the costs of repairs and replacement.
Georgia Car Insurance Rates by City
The variability of insurance premium determinants in any specific Georgia city is evident in the broad fluctuations in auto insurance rates between locations. The insurance premium depends on many factors, such as population density and crime rate. The following is a comprehensive list of Georgia cities’ auto insurance rates: The following is a comprehensive list of Georgia cities’ auto insurance rates:
Athens-Clarke:
The average price of full coverage in Athens-Clarke, which is northeast of Georgia, is $864 for a one-year insurance plan. This might be because the environments that make up a state are less congested with people and traffic than in big cities; hence, the favorable driving conditions might explain why the rate could be pretty reasonable.
Atlanta:
Atlanta, Georgia, has the highest under $30 per month with full coverage costing around $1282 per year, mainly because this city has a large population, high traffic, and other risk factors. In compliance with insurance companies, the premiums are higher than other cities because it is an urban city, and crime rates in some parts of the city are high.
Augusta-Richmond:
Over the state line on the border of Georgia and South Carolina is Augusta-Richmond, which offers medical health insurance to its citizens for an average of $920 each year. This may be attributed to the city’s relatively low rate of crime and moderate population density, which makes insurance fairly priced compared to most cities.
Columbus:
Based on a full coverage policy for Columbus, Georgia residents, the premium is roughly $957 annually. These insurance rates are slightly higher than in other cities. Still, this is likely because this city is not as densely populated and has several different sources of income.
Macon-Bibb:
The average yearly total coverage premium in Macon-Bibb, a small city in central Georgia, amounts to $986. To make it easier, there is a moderate crime rate and a mid-sized population, which has given rise to high insurance prices compared to smaller rural towns.
Sandy Springs:
At $1,068 per year for comprehensive coverage, the cost of car insurance in Sandy Springs, a city in the northern part of the Atlanta metropolitan region, is sampled in this research. Deductions may be less in towns like Sandy Springs than in downtown Atlanta due to its suburban areas plus low incidences of crime, thus making the places attractive despite the accessibility to urban amenities.
Savannah:
The cost of full-coverage auto insurance in Savannah, situated along the coast of Georgia, stands at $996 per annum. The reasonably high population density, the generally low crime rate, and the city’s rich history could be some of the reasons insurance costs are relatively reasonable.
Georgia Car Insurance Costs by Age and Gender
Age and gender are two major factors influencing auto insurance premiums in Georgia due to how insurance providers consider these factors when assessing risk. The experience reveals that young drivers and male drivers are more likely to file for claims and register high accident rates, and so their premiums will be high. The following is a comprehensive summary of the typical yearly premiums for different age groups:
- Comprehensive coverage for young drivers costs $1,243 a year on average, but for drivers who are 22–29 years old, it is even higher. This group is perceived as high-risk because inexperienced drivers, who are, in turn, novices in vehicle handling, are likely to be involved in accidents due to reckless behavior.
-  Recent data shows that, on average, those who are 30–59 years old in the USA need full-coverage insurance that costs $915 per year, nearly three times less than the prices for young drivers. This is why if the driver is a bit older, say above 30, and has been on the road more, they might be categorized as lesser risk and offered better quotes.
- Insurance costs are further reduced for drivers aged 60 and above, with many drivers paying an average of $897 for full coverage. Reduced risk ratings and prices are obtained because younger drivers are considered more cautious due to their age than older drivers.
While age is a significant factor that insurance companies consider when coming up with rates, gender is another factor they consider. Lately, insurance companies have seriously taken much more from male drivers than female drivers because of the culturally created perception that most male drivers are prone to accident-properties.
Car Insurance Rates in Georgia by Credit Score
The credit rating policyholder partly determines auto insurance in Georgia. Generally, those with an excellent score rate tend to have less insurance than those drivers who do not or those with lower score rates. A comparison of typical yearly premiums by credit score is presented here:
- Excellent: $719 per year for full coverage
- Good: $874 per year for full coverage
- Fair: $1,057 per year for full coverage
- Below Fair: $1,286 per year for full coverage
- Poor: $1,559 per year for full coverage
Georgia Car Insurance Rates by Vehicle Type
Certain factors determine the auto insurance risk and, thus, the rates offered by the insurance companies in Georgia. Several factors are taken into consideration when setting rates by insurance companies, and some of them include the vehicle’s age, the car, the model of the car, the safety features, and the costs of repairing the vehicle in case of an accident. As a result of the higher value of newer vehicles and the cost of repairs, car insurance policies for these vehicles tend to be more expensive than for older models.
- For example, the average yearly cost for full coverage insurance of a 2012 model vehicle in Georgia is $961. This aligns with the notion that cars are less costly to repair and less valuable when they are older models. The average amount of money that a driver could spend on full coverage auto insurance for a 2022 model car maybe 1,177 dollars annually. Unfortunately for prospective buyers or drivers, modern vehicles are likely to attract higher insurance premiums, primarily due to their higher resale value and the excessive repair costs attributed to trends in technology and components.
- Other factors include aspects of safety measures installed in a specific car model of manufacture that the insurers will use in setting their prices. Since the loss of life or property is likely to occur in a fewer number of instances with insurance claims, the insurance companies may demand lesser premiums from the drivers that use cars with modem safety features like adaptive cruise control, lane departure warnings, or collision avoidance systems.
- This can result in insurance premium rises for certain vehicles because they are costly to repair or even more prone to theft. Each car insurance company has its equation for sharing risk and setting premiums, and it takes into account theft statistics and repair costs of different car models in the long run.
How to Save Money on Car Insurance in Georgia?
Drivers in Georgia can lower their auto insurance premiums in several ways:
- Make a difference between the company’s offers and look for the most suitable and accessible options for insurance.
- If you would like to lower your insurance costs, consider purchasing combined vehicle and house insurance policies.
- Parking, traffic tickets, and overall accidents should be kept off because they will lead to high rates, and the company will not offer young people an opportunity to hit the roads with such expensive prices.
- One way to cut down on expenses is to increase your deductible. This will lower your premiums, but you ought to ensure that the amount you have chosen is one that you will be able to afford to pay in the event of a claim.
- Contact your insurance company to find out if there are possible discounts, such as good student discounts, driver safety discounts, multi-car discounts, etc.
Conclusion
By gaining a clear understanding of Georgia auto insurance, what drives costs and the options available—drivers can better navigate the complex landscape of policies. While the average car insurance premium in Georgia is around $915 per year, individual rates can vary significantly based on factors like age, driving history, and location.
Fortunately, there are several ways to lower your insurance costs, such as comparing quotes from different providers, bundling policies, maintaining a clean driving record, and seeking out available discounts. Beem is quickly becoming a top choice for Georgia drivers seeking affordable and reliable coverage. With competitive pricing, a wide range of coverage options, and a strong focus on customer satisfaction, Beem helps you find the best policy tailored to your needs. Download the app here.
