Finding cheap coverage in a state like Georgia, where rates are generally pricey, can make a world of difference. Based on Bankrate’s 2021 study of annual quoted premiums, State Farm offers the cheapest minimum coverage policy on average for state drivers, at $486 annually. For full coverage, Nationwide shines with an average premium nearly $800 less than Georgia’s average.
Drivers in the Peach State pay a significant portion of their annual income on premiums — a total of 3.5% — with average car insurance rates of $1,982 per year for full coverage and $756 for minimum coverage annually. To help drivers stay properly insured without straining their budget, our insurance editorial team reviewed rates from numerous Georgia insurers by market share. The companies below provide some of the cheapest auto insurance in Georgia, are typically well-trusted in the market and offer high-quality coverage options.
- Nationwide offers the cheapest full coverage policy on average, potentially saving drivers $780 annually.
- State Farm offers the cheapest average minimum coverage car insurance rates on our list, at $486 per year.
- Other carriers that offered cheap average annual rates for minimum and full coverage car insurance include Geico, Auto-Owners and USAA.
The cheapest car insurance in Georgia
By partnering with Quadrant Information Services, we gathered up-to-date quoted premiums from multiple carriers in our assessment of cheap coverage in Georgia. Five national providers stood out as offering the cheapest car insurance in Georgia. With big names like State Farm on the list, it may be surprising to see that established trust does not always have to be sacrificed to find cheap coverage.
Because each state has its own average premiums and car insurance requirements, even the nation’s largest providers can offer lower-than-average rates, including in Georgia. The companies below may be a perfect place to start your search for affordable coverage:
|Car insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
State Farm is the largest insurance company in the U.S., making a name for itself with its extensive network of local agents in every state. You can find and speak with an agent about a State Farm policy in more than 200 towns and cities in Georgia. One of its most popular savings programs, Drive Safe and Save, could save you significantly on premiums when you demonstrate safe driving behaviors like soft braking and following the speed limit. In addition to standard insurance options, State Farm also allows you to add rental car insurance, rideshare insurance and emergency road service.
Learn more: State Farm Insurance review
Consistently one of the cheapest car insurance providers across several states, Geico offers an average rate for full coverage policies at $271 less than the average cost of coverage in Georgia. While its policies are basic, with only a few options for add-ons, such as rental reimbursement, the company features an incredibly long list of discounts. There are savings opportunities for just about every kind of driver, including federal employees, students and seniors. To manage your policy and savings, you can use its highly-rated mobile app, which helps make digital policy management seem as natural as traditional methods.
Learn more: Geico Insurance review
Unlike Geico and State Farm, Auto-Owners is a regional insurance provider that only services 26 states through local agents. However, even with limited availability, its Georgia policies can be built out to offer well-rounded coverage. For example, its Personal Automobile Plus Package makes opting for a robust policy simple with over 10 additional coverages, like lock re-keying, bundled into one.
Learn more: Auto-Owners Insurance review
USAA insurance remains a top-rated provider for military members, veterans and their immediate family members seeking cheap car insurance. The members it serves consistently reward it with high customer satisfaction scores in annual J.D. Power studies, although it is not officially ranked due to its eligibility restrictions. There are dedicated savings options, such as up to 60% off premiums for storing a vehicle on base, but even policyholders seeking standard discounts have options. For example, young adults who purchase their own policy after leaving a parent’s can save. USAA also shines with its Claims Center, which provides easy access for filing and receiving help with several claims types.
Learn more: USAA Insurance review
Nationwide may be a great option for drivers seeking valuable add-ons and perks. There are various options such as accident forgiveness, gap insurance and the very economical pay-per-mile program, Smart Miles. Nationwide’s average full policy rates are nearly $800 cheaper than Georgia’s average, and, like most major insurance providers, it has a host of available discounts. One less common perk is the option to have your premium reconsidered due to an extraordinary life circumstance. With it, your premium could be reduced if you provide substantial proof that your income has been adversely affected by life events like illness, death, job loss or divorce.
Learn more: Nationwide Insurance review
Minimum coverage for Georgia drivers
Car insurance rates vary significantly based on state and ZIP code, meaning finding the best car insurance in Georgia depends heavily on where you live. The state of Georgia requires drivers to maintain minimum liability insurance coverage in order to legally operate a vehicle:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $25,000 property damage liability per accident
You also have the option of rejecting the state-recommended uninsured/underinsured motorist coverage (UIM) up to the same amounts of the state-required liability coverage.
However, it may be a good idea to purchase more than the mandatory minimum of liability insurance. If you are in an accident where you are determined to be at fault, you could end up being responsible for paying out-of-pocket for any expenses not covered by your insurance. Additionally, without collision and comprehensive coverages, you would be left without financial backing for any damage to your vehicle. For this reason, lenders typically require full coverage for financed or leased vehicles.
How to get cheap car insurance in Georgia
There is no shortage of auto insurance policies available, but not all will offer you the cheapest car insurance in Georgia. However, that does not mean getting affordable car insurance is impossible. Whether you have a clean driving record or are a high-risk driver, there are additional ways to get adequate coverage within your budget.
- Shop around: Since each insurance company weighs factors differently when setting premiums, shopping around to compare quotes from several providers can help ensure you have the best rate for your coverage.
- Take advantage of discounts: Most insurers will offer at least a few discounts, which can go a long way in reducing premiums. Some common discounts include low mileage, claims-free history and paperless billing. There are also loyalty discounts, such as bundling policies, and some also offer options for being a member of the military, a teacher or a student.
- Work on your credit score: Insurance providers typically use an insurance score that is largely based on your credit score when determining how much to charge you for your insurance premium. Your payment history indicates how much of a risk you are to insure, so the lower your credit score, the more you can generally expect to pay in premiums. Improving your credit score takes time, but paying down your debt and making payments on time can help you begin making strides. It is important to note that, if you move to another state, not all states allow credit to be used in determining your insurance rates.
- Increase your deductible: Another way to lower the cost of your monthly premium is to increase your car insurance deductible. This means that you will need to pay more out of pocket following a claim, but you will save on your premium. To make this option worthwhile, choose a deductible you can comfortably afford if you are in an accident. Keep in mind that you will have a separate deductible for your collision and comprehensive coverage if you have full coverage insurance.
Frequently asked questions
What is the best car insurance in Georgia?
There are many car insurance companies in Georgia, many of which are nationally known and popular for different reasons. Narrowing down the best options for you will take into consideration your criteria. Some ways you might do this outside of considering cost include comparing reviews from current policyholders and checking an insurer’s financial strength. It is also usually a good idea to get quotes from multiple car insurance companies for the same types 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 for minimum coverage and $1,674 for full coverage. Actual rates will vary depending on the provider and multiple personal factors, such as the type of car, location and more.
Is car insurance cheap in Georgia?
Georgia ranks as the 10th most expensive state for car insurance, according to Bankrate’s study on the average cost of car insurance in 2021. The average policy costs $1,982 per year for full coverage — several hundred dollars more than the national average cost of full coverage auto insurance of $1,674 per year.
How do I get the best coverage at an affordable cost?
Car insurance is an essential financial tool. To get the best policy for your needs, first look at the coverages offered by different insurers and then compare the cost and check for available discounts. To maximize value and make sure you are getting the right amount of coverage for your needs, it is generally a good idea 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 coverages that meet 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.