Car insurance in Atlanta costs about $1,800 per year on average, according to several studies. Atlanta’s insurance rates are generally more expensive than both the national and state averages. This is due mainly to the city’s large population, busy airport and high number of commuters into the city center. Atlanta’s roads are crowded and more dangerous than most as a result. It ranks 88th for driving safety among major U.S. cities, according to a 2019 WalletHub study. And although crime has been decreasing in Atlanta overall, the city still has a problem with car thefts. In 2018, nearly 3,300 vehicles were reported stolen in the city.
Prices range widely from insurer to insurer in Atlanta, so it’s very important for residents to compare quotes. It’s good to do so before you buy your auto insurance and whenever your policy is about to renew. Although different companies are better for different types of Atlanta drivers, WalletHub’s research shows that the five auto insurers generally offer the cheapest rates in Georgia in 2019: 21st Century, American National, Twin City Fire Insurance Company, The Hartford Insurance, and Safe Auto. You may want to start your search with them.
Car insurance in Georgia costs $91 per month, on average, or $1,095 per year. The average cost of car insurance in Georgia is 52% higher than the national average auto insurance premium, and Georgia ranks 44 out of 50 for the most affordable car insurance rates in the U.S.
There are several factors that affect how much you’ll pay for car insurance in Georgia, including your driving record, age, location, the amount of coverage that you purchase, and the insurance company you buy it from. On average, the cheapest insurance companies in Georgia are Clearcover, Country Financial, and Auto-Owners. But every insurer has their own way of calculating premiums, so it’s a good idea to get quotes from at least three different companies to make sure you find the best deal.
Finally, it’s worth noting that car insurance premiums in Georgia are high, compared to the cost of coverage in neighboring states like Florida and South Carolina. You can find more details in the table below.
Cost of Car Insurance in Georgia vs. Neighboring States
Georgia is not a no-fault state for auto insurance. Somebody has to be found at-fault for an accident before any claims are paid. However, fault is not an either-or issue in this state. Georgia is one of 12 states that has a Modified Comparative Fault rule. That means the jury in a personal injury trial can divide fault among the drivers involved in an accident in Georgia.… read full answer
In some states with Modified Comparative Fault, you can have 99% responsibility for an accident and still place a claim against the 1% at-fault party. However, in Georgia you must be less than 50% at fault to receive any compensation from the other party. If your percentage of fault is less than 50 but more than 0, your claims are reduced by that percentage. For example, if a jury declares you to be 10% at fault because you were driving above the speed limit when the other car hit you, your claim will be reduced by 10%.
By law, motorists in Georgia must carry minimum liability insurance of $25,000 for bodily injury per person, up to $50,000 per accident, and $25,000 for property damage per accident. If an at-fault driver’s liability insurance doesn’t fully compensate the victims, the at-fault driver can be held responsible for paying the remainder out of pocket. This makes carrying extra liability insurance in Georgia well worth considering, to protect your assets and financial security.
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