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Drivers in Georgia can get cheap car insurance with "no deposit" or "no down payment", but all that really means is you only have to pay the first month's premium to get coverage. You cannot get car insurance in Georgia without paying something up front.
The average premium in Georgia is about $391 per month for full coverage and around $166 per month for state-minimum coverage. Drivers in Georgia should expect to pay about that much in advance each month to keep their car insurance policy active.
The rates below represent the average monthly premium for minimum coverage for the cheapest companies in Georgia. Actual rates will vary based on a number of factors.
Cheapest Car Insurance With No Deposit in Georgia
- Country Financial ($79 per month)
- Auto-Owners ($84 per month)
- AAA ($115 per month)
- GEICO ($136 per month)
- State Farm ($129 per month)
The biggest drawback of paying for auto insurance monthly is that it's almost always more expensive than paying in full for six or 12 months of coverage upfront. Some Georgia insurance companies charge slightly more for month-to-month premiums, and there can also be payment processing fees. Most car insurance companies also discount rates for customers who pay in advance.
You can still find cheap car insurance options if you can't afford a big deposit, though. The best no-down-payment car insurance keeps rates low and only requires the first month's payment to start your policy.
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