Best Cheap Car Insurance in Atlanta

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Car insurance rates in Atlanta are as varied and wide-reaching as the city and suburbs themselves. But finding the best cheap car insurance in Atlanta is possible whether you need full coverage or basic only. The annual average auto insurance rates in Atlanta are $881 for basic coverage and can increase to $2,384 for full coverage. Overall, the state of Georgia pays an average $654 for basic coverage and $2,000 for full coverage options, which shows you can expect to pay higher rates for auto insurance in the city of Atlanta than other Georgians pay.

Narrowing down choices for the best cheap car insurance in Atlanta is not always straightforward given the wide range of auto insurance options available — but this also means more carriers competing for your business. And with 7.1 million licensed drivers in the state of Georgia and Atlanta representing the largest city in the state, there are plenty of options for car insurance quotes. We took the guesswork out of it for you and reviewed several carriers, including each one’s financial ratings, average rates, coverage options and digital tools.

Best car insurance companies in Atlanta

Multiple auto insurance carriers were reviewed for information regarding overall customer satisfaction, financial ratings, average rates and digital assets available. In addition, coverage options and discounts available were considered to ensure you can customize your policy even more while still finding the best car insurance in Atlanta.

Insurance Company J.D. Power Score AM Best Financial Rating Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
State Farm 835 / 1000 A++ $584 $1,630
Auto-Owners 854 /1000 A++ $665 $1,770
USAA 909 / 1000 A++ $619 $1,674
Geico 851 / 1000 A++ $609 $1,972
Georgia Farm Bureau N/A B+ $622 $2,330

State Farm

State Farm offers the lowest rates of the carriers surveyed, with Atlantans paying an average of $584 annually for minimum coverage with State Farm. If you are looking for more coverage, full coverage averages $1,630 annually. In addition to low rates, State Farm offers a wide variety of policy options to customize your auto insurance policy exactly how you need it, including car rental reimbursement, roadside assistance and rideshare coverage. With your budget being a top priority, State Farm has a plentiful amount of discounts available, from multi-policy to good grades to safe driver and more.

State Farm’s financial strength is worth noting as well, with a current A++ AM Best Superior rating and AA rating from S&P Global Rating for claims payout. The strength continues with technology and the multiple tools available at your fingertips for policy management — via an agent, website or app.

Auto-Owners

Auto-Owners operates in 26 states and Georgia is one them. Auto-Owners relies on a large agent network (over 48,000 available nationwide) for quotes, policy purchases and filing claims. Agents provide exact quotes, but on average Atlantans pay $665 for a basic policy and $1,770 for full coverage annually.

Auto-Owners is one of the highest-ranking providers for the 2020 J.D. Power Overall Customer Satisfaction index ranking in the Southeast and has superior financial rankings too with an A++ from AM Best. Auto-Owners is a mutual company, which means policyholders might receive a dividend at the end of the year if profits are distributed. Auto-Owners offers standard coverage choices, but has other unique options too, like roadside assistance, lease/own gap coverage and diminished value protection.

USAA

For active military members or veterans, USAA offers cheap auto insurance in Atlanta for those who meet the membership requirements. A basic policy averages $619 annually and full coverage averages $1,674. USAA offers numerous discounts on top of the competitive rates, including good student and safe driver — even a length of service discount.

USAA is not officially ranked with the 2020 J.D. Power U.S. Auto Claims Satisfaction survey, but did score the highest with 909 out of 1000 points possible in the Southeast region. It also enjoys many favorable reviews from customers online. USAA has strong financial ratings with an A++ AM Best Rating and AA+ S&P Global Index Rating, so you can be confident your claims will get paid.

Geico

Geico offers Atlantans numerous policy options, such as emergency roadside assistance, car rental reimbursement and a mechanical breakdown option (similar to an extended warranty). The discounts available are just as numerous, ranging from club affiliation to defensive driving course savings. Atlantans pay an average of $609 per year for a basic policy, but a full coverage option averages $1,972 in annual premiums.

Geico has strong financial ratings and assets, including a superior AM Best A++ rating, an AA+ S&P Global Rating and assets of over $32 billion. Geico also performs well in the customer service area, with one of the highest rankings in the Southeast for the 2020 J.D. Power U.S. Auto Claims Satisfaction survey. The wide range of tools for policy management includes a highly-rated app and the website for convenience.

Georgia Farm Bureau

The Georgia chapter of the Farm Bureau insurance network offers competitive rates for Atlantans, particularly on the basic policies. You can purchase a basic policy for an average of $622 annually, while a full coverage policy averages $2,330 — that’s the highest premiums of the companies we’ve chosen to highlight, Georgia Farm Bureau is worth it.

Georgia Farm Bureau has a good financial rating of B+ with AM Best, which is slightly lower than the other carriers with the cheapest auto insurance rates in Atlanta. But Georgia Farm Bureau offers a full range of coverage options for your policy, including liability, comprehensive and collision.

Cheapest car insurance in Atlanta

With Georgia’s average cost of annual premiums falling at $654 for basic coverage and $2,000 for full coverage annually, you need to know where to look to find cheap car insurance in Atlanta. After comparing multiple auto insurance carriers, State Farm had the cheapest rates —especially for basic coverage. Not only is State Farm the cheapest, but the insurer has a number of coverage options and discounts available. Geico also offers a large number of options and discounts, but does not have as strong of an agency network as State Farm. Geico is competitive for minimum coverage, but is 17% higher for full coverage versus State Farm.

USAA, Auto-Owners and Country Financial all offer competitive rates for the cheapest auto insurance for basic policies, but the difference in full coverage is substantial. In the case of Country Financial, a full coverage policy averages 23% higher versus State Farm, which is about $492 higher on an annual basis.

Insurance Company Average Annual Premium for Minimum Coverage Average Annual Premium for Full Coverage
State Farm $584 $1,630
Geico $609 $1,962
USAA $619 $1,674
Auto-Owners $665 $1,770
COUNTRY Financial $674 $2,122

Atlanta insurance requirements

The state of Georgia requires the following minimum amounts of coverage:

  • Bodily Injury Liability: $25,000 per person and $50,000 per accident
  • Property Damage Liability: $25,000 per accident

It’s important to note while the minimums are required, you should consider adding full coverage or additional coverage when necessary – even if it means higher premiums. For instance, the property damage liability requirement is $25,000 per accident, but if you are at-fault and cause damage to two or three cars, the damage might be greater than $25,000. You would be responsible for the difference, therefore a higher amount of coverage would be safer when it comes to protecting yourself.

Car insurance discounts in Atlanta

Living in the Atlanta-area means you have access to a number of discounts to lower your premiums further. Although details vary from one carrier to another, including these discounts should allow you to obtain the best auto insurance in Atlanta while staying within your budget. Discounts include:

  • Policy bundling: If you combine auto insurance with your homeowner’s, renters or other policies.
  • Safe driver discounts: If you maintain an accident-free record for a certain number of years, your premiums are lowered. For instance, Geico offers the Good Driver discount where you save 26% on premiums if you are accident-free for five years or more.
  • Defensive driver classes: Your premiums are reduced if you participate in a qualifying defensive driver course. Most carriers require a specific number of hours or program, so double-check your course qualifies. For example, Georgia Farm Bureau uses the safedriver.com program.
  • Good student discounts: If you have good grades you could be eligible for additional discounts.

Frequently asked questions

What is the best car insurance company?

Overall, State Farm rates highest for financial strength, tech-savvy tools and lowest annual premiums. The customer service ratings for State Farm are consistently some of the highest, especially with claims handling.

How much does car insurance in Atlanta cost?

The average annual premium for basic coverage in Atlanta is $881, with full coverage averaging $2,384. Premiums are based on a variety of factors, including your age, driving history, credit score, vehicle and discounts available. Obtaining multiple quotes is the best way to verify how much your auto insurance policy costs.

Methodology

Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a cleaning driving record, good credit and the following full coverage limits:

  • $100,000 bodily injury liability per person
  • $300,000 bodily injury liability per accident
  • $50,000 property damage liability per accident
  • $100,000 uninsured motorist bodily injury per person
  • $300,000 uninsured motorist bodily injury per accident
  • $500 collision deductible
  • $500 comprehensive deductible

To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2018 Honda Accord, commute five days a week and drive 12,000 miles annually.

These are sample rates and should be used for comparative purposes only. Your quotes may be different.