When searching for Georgia auto insurance, you will surely have plenty of questions. It is good to have questions, as it shows you are taking part in the process and understand that the more you know, the better the auto insurance you will get and at the most affordable price. This article will help to answer some of the most common questions related to Georgia auto insurance.
What are the Minimum Requirements?
Most states require a certain level of liability coverage in order to operate a vehicle in their state. In Georgia, the minimum requirement for auto insurance is $25,000 per person for bodily injury liability with a maximum of $50,000 for bodily injury liability per accident. In addition, you must have $25,000 worth of protection for property damage per accident.
How Expensive is Coverage?
Compared to other states, Georgia is an average state when it comes the annual average cost of an auto insurance policy. According to the 2007 numbers, Georgia was the 29th most expensive state in which to purchase auto insurance with an average policy cost over the course of a year being $1,627.
This is an average of all policies and all areas of the state. Depending upon the policy type you are seeking and the area of Georgia in which you live, your Georgia auto insurance rates may be somewhat higher or lower than this average.
Do You Have to Carry Insurance on All Vehicles?
For the most part, you have to carry Georgia auto insurance on all vehicles you own, though there are a few exceptions. The exceptions are for the following instances:
Never cancel coverage on any vehicle without first consulting your auto insurance company/agent to make sure the reason for doing so is legally valid. The penalties for not having insurance on a vehicle are rather stiff and could result in the suspension of your driver’s license.
Does Georgia Require Uninsured/Underinsured Motorist Protection
You do not have to purchase uninsured/underinsured motorist protection with your policy. Nor do you have to purchase Personal Injury Protection (PIP). This is mainly because Georgia is a Tort state, which means the driver found at-fault in an accident is responsible (and their insurance company) for bodily and property damage for both parties.
What is the Best Way to Save Money on Coverage?
While there may not be a best way to save money, there are many ways and they can be combined for the most possible savings. The cost of Georgia auto insurance is all about the evaluation by the auto insurance companies of the risk you pose as driver. Therefore, anything you can do to reduce that risk will help to lower your auto insurance rates.
A good driving record is probably the largest component for cheaper Georgia auto insurance, but how often you drive your car, the type of car you have, the safety features of your car, your credit history, your job, your age and your sex all will affect your Georgia auto insurance rates.
Probably the most important thing to remember is that you should take the time to browse and get online rate quotes for Georgia auto insurance companies. The more you shop around, the better your chances of getting the auto insurance rates you are looking for.
Georgia Auto Insurance
June 21, 2014June 21, 2014 0 Comments