Drivers looking for car insurance in Georgia are required by law to have at least a minimum amount of car insurance. Based on Bankrate’s analysis of car insurance rates, State Farm has the cheapest minimum coverage car insurance in Georgia, with an average of $486 per year.
However, cheap car insurance doesn’t mean you have to sacrifice coverage — it’s still possible to find cheap rates for solid financial protection. In Georgia, Nationwide averages the cheapest full coverage car insurance rate at $1,202 per year. Exploring different car insurance companies and developing a strategy can help you find the car insurance you need, even while staying within your budget.
The cheapest car insurance companies in Georgia
To find the cheapest car insurance companies in Georgia, Bankrate referenced data from Quadrant Information Services and analyzed rates from dozens of insurance companies. As part of our methodology, we compared rates for both minimum and full coverage. From there, we reviewed insurance carriers with strong financial strength ratings from AM Best and high customer satisfaction ratings from J.D. Power to include in our review of the best cheapest car insurance companies in Georgia for 2022.
The cheapest companies for minimum coverage in Georgia
Georgia’s car insurance laws require drivers to carry at least a minimum amount of liability coverage on their car insurance. Based on our findings, State Farm and Geico had some of the cheapest rates in Georgia. However, keep in mind that for your situation, another provider may offer even better rates. For comparison, here are a few other average rates for cheap car insurance in Georgia:
|Car insurance company||Average annual minimum coverage premium||Average monthly minimum coverage premium|
The cheapest companies for full coverage in Georgia
For more financial protection, most insurance professionals recommend purchasing higher liability limits and adding coverage options for damage to your own vehicle, like comprehensive and collision coverage and uninsured/underinsured motorist coverage. For drivers looking for affordable full coverage, here are how a few of the best insurance carriers in Georgia compare:
|Car insurance company||Average annual full coverage premium||Average monthly full coverage premium|
Events that can impact your cheap rates in Georgia
Car insurance rates can fluctuate from year to year, but some major life events could cause more sharp increases. Knowing what impacts your car insurance rate can help you decide what common discounts are available, or if it’s time to shop around for a cheaper policy.
- Adding a teen driver: Teen drivers are some of the most expensive to insure because of their inexperience. Insurance companies recognize that teens pose a higher risk compared to older drivers and typically charge higher rates to compensate for the risk. If you have a young driver on your policy and are looking to save, consider insurance companies that offer teen driver discounts, like a good student discount, to offset some of the premium increase.
- Receiving a speeding ticket: Speeding is considered risky driving behavior because it can easily lead to an accident. In Georgia, the number of points a driver receives on their driving record depends on how fast they were driving compared to the speed limit. The points stay on a driver’s record for a set number of years and your insurance rates may be affected for three years, though this could depend on state regulations and the number of points accrued.
- Being involved in an at-fault accident: Drivers involved in an at-fault accident will typically see a considerable increase in their insurance rates. The amount of premium increase will depend on a variety of factors, including the severity of the accident, location, total cost of repairs and whether or not alcohol or speeding was a factor. With at-fault accidents, your rate may be affected for about five years, but as all companies rate at-fault accidents differently, you may find a company with lower rates by shopping around.
- Being deemed a high-risk driver: A single incident is not likely to immediately label you as a high-risk driver, but a string of them — especially a DUI conviction in Georgia, multiple speeding tickets or having bad credit — may have a significant impact on your rates. High-risk drivers may have a more difficult time qualifying for traditional insurance companies and face higher rates, even when shopping around. In these situations, you could ask about any discounts you might be able to qualify for, drive a vehicle that’s cheaper to insure or explore companies that offer non-standard insurance.
Cheapest cities in Georgia for minimum coverage
Geographic location matters when it comes to car insurance, even within a specific state. To find the average cost of car insurance in Georgia, Bankrate researched multiple cities and found that drivers pay around $756 per year for minimum coverage and $1,982 per year for full coverage.
Although individual rates may vary, below are the cheapest cities, on average, for minimum coverage in Georgia:
|City||Average annual minimum coverage premium||Average monthly minimum coverage premium|
Cheapest cities in Georgia for full coverage
When it comes to full coverage insurance, geographic location matters too. Cities and suburbs have unique traffic patterns, crime rates and accident statistics, as well as associated costs of labor and repair. Based on our review of quoted annual premiums, the four cities below offer some of the cheapest auto insurance in Georgia for full coverage:
|City||Average annual full coverage premium||Average monthly full coverage premium|
Minimum coverage requirements for Georgia drivers
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $25,000 property damage liability per accident
The purpose of liability is to protect the other party involved in an at-fault accident, so it will not apply to you, your passengers or your vehicle. Georgia does not require drivers to purchase additional coverage options like comprehensive, collision and medical payments, but having these included in your policy protects you financially for damage to your own vehicle or immediate medical expenses that arise from an incident. Both comprehensive and collision coverage may also be required if you have a loan on your vehicle or it is leased.
Here is how to find (and keep) cheap car insurance in Georgia
Affordable car insurance is a priority for many drivers. There are a few simple steps you can take to keep your insurance rates manageable. To find and keep the cheapest car insurance in Georgia, here are some tips for your search:
- Shop around with carriers. All insurance providers have their own methods for determining car insurance rates. For this reason, you may find that even when you request quotes for exactly the same coverage options and limits, each company may give you a different price. Requesting quotes from multiple insurance providers will help ensure you find the most competitive rate.
- Maintain a clean driving record. Practicing safe driving habits and avoiding risky behaviors is one of the best ways to manage your car insurance premium over time. It signals to insurance companies that you are lower risk and helps you avoid expensive surcharges on your policy that come with events like accidents, tickets and DUIs. Some companies even provide savings opportunities to incentivize safe driving habits.
Frequently asked questions
What is the best car insurance in Georgia?
Car insurance companies in Georgia are abundant and may be familiar household names for insurance. Narrowing down the best auto insurance options for you requires taking personal criteria into consideration. Outside of considering cost, this may include comparing reviews from current policyholders or assessing an insurer’s financial strength. Insurance experts typically suggest getting quotes from multiple car insurance companies for the same types and amounts of coverage to find the best rates.
What is the average cost of car insurance in the U.S.?
The average cost of car insurance in the U.S. is $565 per year for minimum coverage and $1,674 per year for full coverage. Actual rates will vary depending on the provider and multiple personal factors, such as the type of car you own, your ZIP code and your motor vehicle record, among other factors.
How can I get car insurance online?
Many car insurance companies have an online tool to help drivers quote and even purchase an insurance policy immediately without having to speak directly to an agent. To get started, some things you will need typically include driver’s license numbers of all drivers that need to be on the policy, the make, model and vehicle identification of all your vehicles, and what coverage options you’d like to include on the policy. In some cases, purchasing a policy online may also result in a discount.
How do I get the best coverage at an affordable cost?
Car insurance is an essential financial protection. To get the best policy for your needs, first look at the coverage offered by different insurers, then compare the cost differences and check for available discounts offered by each insurer. To maximize value and make sure you are getting the right amount of coverage for your needs, it is generally a good practice to speak with a licensed insurance agent before purchasing a policy.
Bankrate utilizes Quadrant Information Services to analyze 2021 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 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 2019 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.