What is the average cost of car insurance in GA? (2024)

What is the average cost of car insurance in GA?

Average car insurance rates in Georgia are $680 per year or $57 per month for minimum coverage and $1,973 per year or $164 per month for full coverage, according to our most recent analysis of data from Quadrant Information Services.

How much is car insurance in Georgia per month?

Meanwhile, the average cost of full coverage car insurance in Georgia is $2,521 per year, or about $210 per month. Minimum coverage in Georgia is $724 per year on average, but we found you can likely get a cheaper policy.

Is car insurance high in Georgia?

Auto insurance rates are skyrocketing across Georgia and the rest of the country. According to a Bankrate report, between 2023 and 2024, the average cost of full coverage car insurance rose 26%. Bankrate said the average cost for full coverage in the United States is $2,543. In Georgia, it's even higher at $2,610.

Who has the lowest car insurance rates in Georgia?

What is the basic car insurance in Georgia?

The minimum limits of liability insurance required under Georgia law are: Bodily Injury Liability – $25,000 per person and $50,000 per incident. Property Damage Liability – $25,000 per incident.

What age does car insurance go down in Georgia?

The most substantial reductions in auto insurance rates typically come as teen drivers get older, usually when they hit 18 or 19 years old. Rates continue to decline as you age, particularly once drivers pass the age of 25.

Which car insurance group is cheapest?

So it's important to understand insurance groups – after all, there are 50 of them in total. Cars in group 1 are the least risky from an underwriter's perspective and the cheapest to insure. Those in group 50 are the riskiest and most expensive – usually higher performance models and luxury SUVs.

How can I lower my car insurance in Georgia?

Why is auto insurance going up in Georgia?

Among the reasons insurance costs are going up, according to the study, are a higher number of accidents, larger payouts for property damage and medical claims and more frequent car thefts and break-ins. “In 2022, the average full coverage premium in Georgia was $1,617 per year. This year, it jumped to $1,973 annually.

What is full coverage insurance in GA?

In Georgia, all motorists must carry certain minimum insurance coverage. Full coverage insurance typically includes liability, collision, and comprehensive coverage. It may also include add-ons like roadside assistance and uninsured motorist protection, providing a comprehensive safety net for drivers.

Why is Georgia car insurance so expensive?

Car insurance in Georgia is expensive because the state gave insurers the right to raise rates on certain coverage types without the approval of the state insurance commissioner. In Georgia, you can expect to pay approximately $4,689 per year for full coverage car insurance or $1,997 per year for minimum coverage.

What age is car insurance the lowest?

While your auto insurance rates may drop at age 25, they will go down the most when you turn 19 (a 16% savings) and when you turn 21 (a 17% drop). The reason car insurance is expensive for drivers under age 25 is because younger drivers are statistically more likely to get into an accident than older drivers.

What is the cheapest full coverage car insurance in Georgia for families?

Is Georgia a no fault state?

Georgia is not a no-fault state when it comes to auto insurance claims. This means that before an auto insurance company will pay for your wrecked car, medical bills, or other pain and suffering, you need to show which driver was to blame for the crash.

Why is insurance so high?

It's also become increasingly more expensive to repair vehicles due to supply chain shortages, mechanic wage increases and additional technologies in vehicles such as microprocessors, cameras and other sensors — all of which contribute to higher vehicle and insurance costs.

Does GA require full coverage insurance?

No, Georgia law does not require drivers to have a full-coverage auto insurance policy on their vehicle. However, you must meet the minimum liability coverage requirements in order to legally drive on Georgia roads.

At what age is car insurance most expensive?

The Insurance Institute for Highway Safety reports that teen drivers are four times more likely to get into a car crash than drivers 20 and older. As a result, car insurance companies view young drivers as the most risky to insure. Drivers ages 16 to 24 tend to face the highest premiums compared to other age groups.

Which gender pays more for car insurance?

Why do men pay more for auto insurance? Men pay more for auto insurance on average because they're statistically more likely to get into accidents and to have major injuries. However, male drivers only pay about $51 more per year than their female counterparts on average.

Does car insurance get more expensive as you get older?

Although most people in the U.S. will find their prices change according to this timeline, there are a few states in which insurers can't use age to determine your rate. In California, Hawaii, and Massachusetts, age won't have a direct effect on how much you pay for car insurance.

What is the cheapest car to insure for a new driver?

What is the cheapest Toyota to insure?

Cheapest Toyota Cars To Insure

A full-coverage policy for a 4Runner averages to $1,847 per year or $154 per month. Coverage for a RAV4 is roughly $1,859 per year or $155 per month. The Camry is the most expensive Toyota model to insure, at an estimated average cost of $2,058 per year or $172 per month.

What insurance group is best for new drivers?

Group 1 insurance cars can be a great option for younger drivers as they're usually the cheapest to insure and are among the cheapest to buy and repair. They also tend to have less powerful engines.

Does credit score affect car insurance?

On average, drivers with poor credit pay 118 percent more for full coverage car insurance than those with excellent credit. California, Hawaii, Massachusetts and Michigan prohibit or limit the use of credit as a rating factor in determining auto insurance rates.

Can you ask insurance to lower price?

Although you can't negotiate your car insurance rate, you're not contractually obligated to stay with your insurance company. If you find a cheaper rate elsewhere, you can switch insurance providers. Depending on when you cancel and the fine print of your car insurance policy, you could incur fees.

Can I take insurance off my car if I m not driving it in Georgia?

Vehicle owners can voluntarily cancel registration if the vehicle has been sold, is not being driven, or is no longer operable. You should cancel your registration BEFORE canceling insurance coverage to avoid fines and penalties pursuant to Georgia law requiring insurance coverage.