Best cheap car insurance in Atlanta for 2024

The best car insurance companies in Atlanta

Finding cheap car insurance in Georgia can be challenging, especially in recent years as insurers have increased their rates in the state. The average annual cost of a full coverage auto policy in Georgia is $2,718, 12 percent more than the national average. For Atlanta drivers, the risk factors of dense urban traffic and high healthcare costs compound the difficulty of accessing affordable rates — especially without sacrificing coverage or customer service.

To help Atlanta consumers make informed decisions about their auto insurance coverage, Bankrate’s editorial team analyzed average premium data from Quadrant Information Services along with third-party ranking and financial strength ratings to find the best car insurance in Atlanta.

The cheapest car insurance companies in Atlanta

To find Atlanta car insurance companies with the cheapest rates for most drivers, Bankrate’s editorial team analyzed the latest data from Quadrant Information Services. The cheapest Georgia car insurance companies for Atlanta drivers are Encompass, Auto-Owners and Country Financial. If price is your primary concern, you may want to get quotes from these companies and others listed in the table below.

How much is car insurance in Atlanta, Georgia?

The average cost of car insurance in Atlanta is $1,015 per year for state minimum car insurance and $2,881 per year for full coverage. That’s 25 percent more than the national average cost of car insurance and 12 percent more than the statewide average.

Atlanta rates for teens

Teen drivers in Atlanta pay elevated rates due to the high risk associated with young drivers, especially those with less than three years of driving experience. Atlanta car insurance for 16-year-old drivers on their parents’ policy is $2,598 per year for minimum coverage, while car insurance 18 year olds is $2,179. Staying on a parent’s policy can significantly reduce the cost of coverage for Atlanta teens.

Atlanta rates for young drivers

Young adults aged 20 to 30 years old typically pay lower rates than teens, but higher rates than adults in middle age. That’s because drivers in their 20s still lack long-term driving experience and have a statistically higher rate of accidents. However, rates begin to drop with age, especially as drivers reach age 25: a 25-year-old driver in Atlanta typically pays around $3,546 per year for a full coverage policy, 41 percent less than a 20-year-old with the same coverage.

Atlanta rates for adults

Adult drivers with clean driving records can typically expect to pay lower rates for car insurance. A 30-year-old driver with full coverage in Atlanta pays around 49 percent less than a 20-year-old driver and 13 percent more than a 50-year-old driver.

Atlanta rates for senior drivers

Drivers over age 55 generally pay lower rates for auto insurance than other drivers in Atlanta thanks to decades of driving experience. However, rates may begin to climb again after age 70 to account for slower reaction times and a higher risk of serious injury from car accidents. A 70-year-old driver in Atlanta can expect to pay an average of $2,898 per year for a full coverage policy — 11 percent more than a 60-year-old driver and 8 percent more than a 50-year-old driver.

The cheapest car insurance in Atlanta by driving record

Your driving record is a major factor in determining your car insurance rates in Atlanta, as drivers with accidents or violations on their Georgia driving record carry a higher insurance risk. If you’re shopping for coverage with a history of violations, it’s important to look for companies offering the cheapest car insurance in Atlanta for drivers with higher risk profiles — but that information often isn’t readily apparent from company websites. You’ll want to request a quote based on your driving record for an accurate idea of how much you might pay.

Car insurance with a speeding ticket in Atlanta

A speeding ticket signals to insurance companies that a driver may engage in unsafe driving behaviors, thus increasing the risk of accidents and claims. On average, an Atlanta driver with a speeding ticket conviction pays 25 percent more for full coverage than drivers with a clean record. By comparison, drivers across the state of Georgia tend to pay 25 percent more for coverage after a speeding ticket.

Car insurance after an accident in Atlanta

At-fault accidents can raise the cost of your car insurance policy. In Atlanta, drivers who’ve been found at fault in a motor vehicle accident pay 45 percent more, on average, than drivers with clean records, compared to 45 percent more at the state level.

Car insurance after a DUI in Atlanta

Under Georgia state law, a DUI conviction carries penalties including fines up to $1,000, 40 hours of mandatory community service and up to one year of possible jail time. A conviction for driving under the influence of alcohol or drugs can also cause your car insurance premiums to increase significantly. An Atlanta driver with a DUI pays an average of $1,944 per year for state minimum coverage, 92 percent more than the citywide average for drivers with clean records. By comparison, the statewide average premium after a DUI conviction is 94 percent more than the average premium with a clean record.

Frequently asked questions

Methodology

Bankrate utilizes Quadrant Information Services to analyze the latest rates in May 2024 for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates include the most recent approved rate changes filed by insurance companies that affect our profile. These revised rates are then weighted based on the population density in each geographic region so that policyholders can see the impact rates have in their areas. Quoted rates are based on a 40-year-old male and female driver with a clean 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 coverage that meets each state’s requirements. Our base profile drivers own a 2022 Toyota Camry, commute five days a week and drive 12,000 miles annually.

These are sample rates and should only be used for comparative purposes.

Incidents: Rates were calculated by evaluating our base profile with the following incidents applied: clean record (base), at-fault accident, single speeding ticket and single DUI conviction.

Age: Rates were calculated by evaluating our base profile with the ages 20-70 (base: 40 years) applied. Depending on age, drivers may be a renter or homeowner. Age is not a contributing rating factor in Hawaii and Massachusetts due to state regulations.

Teens: Rates were determined by adding a 16- or 18-year-old teen to their 40-year-old married parents' policy. The rates displayed reflect the total cost of a driver this age added to their parents’ policy.

Bankrate Score

Our 2024 Bankrate Score considers variables our insurance editorial team determined impacts policyholders’ experiences with an insurance company. These rating factors include a robust assessment of each company’s product availability, financial strength ratings, online capabilities and customer and claims support accessibility. Each factor was added to a category, and these categories were weighted in a tiered approach to analyze how companies perform in key customer-impacting categories.

Each category was assigned a metric to determine performance, and the weighted sum adds up to a company’s total Bankrate Score — out of 5 points. Our scoring model provides a comprehensive view, indicating when companies excel across several key areas and highlighting where they fall short.

• Tier 1 (Cost & ratings): To determine how well auto and home insurance companies satisfy these priorities, average quoted premiums from Quadrant Information Services (if available), as well as any of the latest third-party agency ratings from J.D. Power, AM Best, Demotech and the NAIC, were analyzed.
• Tier 2 (Coverage & savings): We assessed companies’ coverage options and availability to help policyholders find a provider that balances cost with coverage. Additionally, we evaluated each company’s discount options listed on its website.
• Tier 3 (Support): To encompass the many ways an auto insurance company can support policyholders, we analyzed avenues of customer accessibility along with community support. This analysis incorporated additional financial strength ratings from S&P and Moody’s and factored a company’s corporate sustainability efforts.