2019 Georgia Car Insurance Report
Georgia is the ninth most expensive state for car insurance in the country. At over 257,000 lane miles, it boasts a larger road system than all but eight other states. Georgia drivers are also in more danger on the road than drivers in other states. The state's motor vehicle occupant death rate is the twenty-third highest in the country and is higher than the national rate. This increased risk helps to push premiums in Georgia up.
In this report, WalletHub dug deeper into how car insurance premiums in Georgia vary. More specifically, it measured how individual factors such as gender, age, coverage type and location can impact a driver’s overall rate.
The most expensive city in Georgia is 138% more expensive than the least expensive
|Rank||City||Premium Relative to Baseline||Rank||City||Premium Relative to Baseline|
Medium-sized cities in Georgia offer premiums that are around 10 percent lower than other cities
In Georgia, there is no significant difference in premiums between men and women
In Georgia, 16-year-olds pay 358% more than 66-year-olds
There is no significant difference in premiums between married and nonmarried people in Georgia
Unlike other states, there is no apparent difference in premiums by profession in Georgia
Auto Usage Impact
Small business owners in Georgia pay 12% more on car insurance
In Georgia, drivers who travel 25,000+ miles per year in their car pay around 8% more than those who only travel 3,000 miles
Type of Coverage Impact
Adding Comprehensive and Collision coverage in Georgia can increase your car insurance cost by 74%
A Super Premium insurance plan costs 177% more than the state’s minimum requirement in Georgia
Driving Record Impact
Reckless-driving infractions are the enemy of cheap car insurance rates in Georgia, raising the average driver's premiums by 135% for at least 3 months
Regional Characteristics Correlated with Georgia Car Insurance
Living in a city with a high Vehicle Theft Rate in Georgia can cost you up to 31% more on your car insurance
|Lowest||Highest||∆ Highest vs Lowest Premium Difference||Correlation Factor|
|African American Pop||Cumming
|Vehicle Theft Rate||Alpharetta
Complaints and Market Share of the Largest Car Insurance Companies in Georgia
|Company||Market Share||Complaints Index||WalletHub User Reviews||Overall Customer Satisfaction Rank|
|Georgia Farm Bureau||6%||0.62||4.3 (10 reviews)||1|
|USAA||6%||0.61||4.1 (190 reviews)||2|
|State Farm||21%||0.63||4.0 (427 reviews)||3|
|Nationwide||3%||0.81||4.1 (204 reviews)||4|
|Esurance||4%||0.90||4.1 (157 reviews)||5|
|Geico||10%||0.79||3.8 (541 reviews)||6|
|Progressive||10%||0.69||3.6 (298 reviews)||7|
|Travelers||6%||0.63||3.2 (96 reviews)||8|
|Allstate||7%||1.07||3.8 (210 reviews)||9|
|Liberty Mutual||6%||1.38||3.6 (194 reviews)||10|
The complaints index is the ratio between the market share of complaints divided by the market share of premiums written. The lower the index, the better.
In order to examine how auto insurance premiums vary within Georgia, we collected insurance quotes from the websites of five of the largest providers in the state. Collectively they represent 68% of the market and they all offer online quotes.
City Selection: We chose the 30 most populated cities, according to U.S. Census Bureau data.
City Zip Code Selection: For each quote, we were required to enter a zip code on the insurer’s quoting platform. For each city we picked the zip code with the highest population.
DRIVER AND AUTOMOBILE DATA
Experienced Female Driver
|Licensed: 20 Years|
|Age: 36 Years|
|Employment Status/Profession: Unemployed|
|Marital Status and Gender: Single Female|
|Membership in Organization: None|
|Traffic Violations: None|
|Annual Mileage: 15,000|
|Daily Use Purpose: Commute to School/Work (20 Miles Each Way)|
|Days per Week: 5|
|$50,000 for Injury/Death to One Person|
|$100,000 for Injury/Death to More than One Person and $50,000 for Damage to Property|
|Collision Coverage with Uninsured Motorist of $30,000|
|Collision Coverage with Underinsured Motorist of $60,000 (UMUND)|
|$500 Collision Coverage (COLL)|
|$500 Comprehensive Coverage (COMP)|
|2014 Toyota Camry L, 4-Cyl., Sedan|
|Assume: driver-side air bag, standard performance, no anti-theft device|
In order to obtain comparable results across different scenarios, we kept the car information the same for each quote. Starting with the above base case, we altered the parameters one at a time and extracted the resulting quotes to outline the differences across gender, marital status, age, profession, annual mileage, and daily use of car.
For traffic violations and liability coverage, full details were not included in the above charts for simplicity's sake. They are as follows:
Traffic Violations from the Past 36 Months:
- 1 Speeding Ticket, 1–19 Miles Over Limit (3 Months Ago)
- Reckless Driving – 1 Speeding Ticket, 20+ Miles Over Limit (3 Months Ago)
- Improper Turn/No Signal (3 Months Ago)
- DUI (12 Months Ago)
- 1 Accident, No Casualties, $1000+ Claim (12 Months Ago)
- 1 Accident, No Casualties, $1000+ Claim (3 Months Ago)
- Clean Driving History (Base Case)
- Minimum: $25,000 per person and $50,000 per accident for bodily injury and underinsured bodily injury liability, and $25,000 for property damage.
- Economy Full: $25,000 per person and $50,000 per accident for bodily injury and underinsured bodily injury, $25,000 for property damage, $500 collision and $500 comprehensive deductible.
- Base: $50,000 per person and $100,000 per accident for bodily injury, $30,000 per person and $60,000 for underinsured bodily injury, $30,000 for property damage, $500 collision and $500 comprehensive deductible.
- Premium: $100,000 per person and $300,000 per accident for bodily injury, $50,000 per person and $100,000 for underinsured bodily injury, $50,000 for property damage, $500 collision and $500 comprehensive deductible.
- Super Premium: $100,000 per person and $300,000 per accident for bodily injury, $50,000 per person and $100,000 for underinsured bodily injury, $50,000 for property damage, $250 collision and $250 comprehensive deductible.
Complaints Index: The complaints index was obtained by dividing the total complaints for each individual company by the total number of complaints across all insurance companies in Georgia (complaint market share), all divided by total market share. The Overall Customer Satisfaction Rank was determined by averaging the rankings for the Complaint Index and WalletHub User Review categories.
Image: interstid / Shutterstock.com
Was this article helpful?