Best car insurance in Georgia for 2023

Best car insurance companies in Georgia

According to proprietary rate data provided by Quadrant Information Services, the average premium for full coverage car insurance in Georgia is $2,085 per year. The average annual minimum coverage premium in Georgia is $639. Using this information, along with our Bankrate Scores and third-party ratings like the J.D. Power 2022 Auto Insurance Study, we've determined that Geico, Auto-Owners, Progressive, State Farm and Nationwide may offer some of the best car insurance in Georgia.

How Bankrate chose the best car insurance companies in Georgia

To find the best car insurance companies in Georgia, Bankrate analyzed rate data provided by Quadrant Information Services to find the cheapest insurance providers. To help narrow our search, we looked to third-party ratings, coverage offerings, discount availability, mobile accessibility and more. Using this information, we issued each company a Bankrate Score that ranges from 0.0 to 5.0, with 5.0 being the best possible rating. Our holistic Bankrate Scoring model aims to provide drivers with a comprehensive view of Georgia auto insurance.

How much is car insurance in Georgia?

Car insurance in Georgia is close to par with the national average, albeit slightly more expensive. While the national average cost of car insurance is $2,014 per year for full coverage, Georgia residents pay around $2,085 per year. Minimum coverage is slightly more than average, too, at $639 annually for Georgia residents and $622 per year, on average, in the U.S. overall

While Georgia's average premiums may be slightly more than the national average, it falls in the middle of the pack compared to nearby states. For instance, Georgia's average full coverage premium is 36 percent higher than South Carolina's average of $1,532 per year. On the other hand, car insurance in Florida is much more expensive than in Georgia. Florida's average full coverage premium sits at $3,183 per year, making it 53 percent higher than Georgia's. Georgia’s car insurance premiums are likely lower than Florida’s since Georgia is further inland and, in turn, a lower risk for catastrophic hurricane damage. Furthermore, personal injury protection (PIP) is a required coverage in Florida but not in Georgia, and PIP coverage in Florida is generally expensive.

How to find the best car insurance in Georgia

Car insurance is required to legally drive in Georgia, but finding the best car insurance rates in each state doesn’t have to be complicated. In fact, you can take a few simple steps before you even start shopping. These steps might save you time and help you find the right company and coverage types for you. In fact, you can take a few simple steps before you even start shopping. These steps might save you time and help you find the right company and coverage types for you.

Consider minimum insurance requirements in Georgia

Georgia car insurance laws require you to carry at least a minimum level of auto insurance. As a licensed driver in the Peach State, you must carry at least the minimum required levels of bodily injury liability coverage and property damage liability coverage. Minimum coverage generally costs less than buying higher limits or full coverage, but it may not provide you with enough financial protection to pay for the costs of an at-fault accident.

If you cause injuries or damages that exceed your coverage limits, you will be responsible for the overage out of pocket. Most insurance professionals advise that you purchase higher liability limits if you can afford them.

Consider lender requirements

Because your finance company or lessor has a financial interest in your vehicle, your finance or leasing company will typically require you to carry full coverage. What is full coverage car insurance? Full coverage means that you have comprehensive and collision coverage on your policy. If you lease your vehicle, your lessor might also require you to carry at least a certain level of liability coverage as well. Additionally, you may want to consider gap insurance. Gap coverage is designed to pay the difference between your new vehicle’s actual value and the outstanding loan or lease amount owed if your car is totaled or stolen and nonrecoverable.

Consider your individual needs

Everyone has a unique situation that they bring to their auto insurance search. Maybe you need car insurance for teen drivers, so you’re looking for a company with cheap rates for inexperienced drivers and young driver discounts. Or perhaps you’ve had a few accidents or a DUI conviction and need high-risk auto insurance. Understanding your individual circumstances and deciding what coverage types, discounts and policy features you are looking for may help you choose which companies to get quotes from.

Frequently asked questions