Average cost of auto insurance in Georgia (2021 rate)



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Drivers in Georgia pay an annual premium of $ 756 for minimum coverage and $ 1,982 for full coverage auto insurance, on average. However, it is possible to pay less if you know where to look. By shopping and using the best auto discounts, you can help lower your auto insurance costs.

Bankrate’s editorial team analyzed the latest auto insurance premiums and looked at current rankings from industry experts such as JD Power and AM Best to determine the average cost of auto insurance in Georgia among the top providers of car insurance.

How much does car insurance cost in Georgia?

The average amount that drivers pay for auto insurance varies from state to state. In Georgia, the average annual amount that drivers pay is $ 756 for minimum coverage and $ 1,982 for full coverage, which is higher than the national average. Currently, the US average is $ 565 per year for minimum coverage and $ 1,674 per year for full coverage.

However, keep in mind that what you pay for auto insurance is determined by a variety of factors (meaning you may be paying more or less than the numbers above). When calculating auto premiums, auto insurers consider the following pricing factors:

  • Age (except Hawaii)
  • Gender (in most states)
  • Site
  • Vehicle type
  • Driving history
  • Where you live
  • Marital status
  • Credit history (in most states)
  • Deductible amount
  • Discounts
  • Type of cover

Car insurance rates in Georgia

Average annual minimum coverage premium Average annual premium for full coverage
$ 756 $ 1,982

Georgia auto insurance rates by city

Average auto insurance rates in Georgia vary by city. This is because more populated areas usually have more accidents.

In the table below, you will find the average rate for each city and the percentage increase from an average full coverage premium of $ 1,982 per year.

City Average annual premium for full coverage % increase in average annual premium
Atlanta $ 2,325 17%
Marietta $ 2,078 5%
Lawrenceville $ 2,161 9%
Augusta $ 1,908 -4%
Columbus $ 1,996 1%
Savannah $ 2,013 2%
Builder $ 2,101 6%
Ejaculate $ 1,961 -1%
Gainesville $ 1,911 -4%
Athens $ 1,839 -7%
Douglasville $ 2,169 9%
Norcross $ 2,121 7%

Georgia auto insurance rates by company

How much does auto insurance cost in Georgia? It depends on the company with which you are insured.
The following table illustrates the cost differences between most of the major insurers available in Georgia. As you will see, it may be worth looking for cheaper auto insurance. Never assume that you will pay the same amount of premium from company to company. And while the best auto insurance isn’t always the cheapest auto insurance (and vice versa), the good news is that you have plenty of options for the best auto insurance companies in Georgia.

Auto insurance company Average annual premium for minimum coverage Average annual premium for full coverage
ACCC Insurance $ 659 $ 1,945
Alfa $ 859 $ 2,450
Allstate $ 706 $ 1,718
Car owners $ 532 $ 1,494
Financial Country $ 614 $ 2,183
Donegal $ 963 $ 2,153
Geico $ 508 $ 1,711
Mercury $ 760 $ 1,915
MetLife $ 887 $ 1,788
At national scale $ 585 $ 1,202
Progressive $ 708 $ 1,800
Safeway $ 945 $ 2,372
South General Agency $ 3,354 $ 6,717
State farm $ 486 $ 1375
United States $ 581 $ 1,506

Georgia Auto Insurance Rates by Age

Average auto insurance rates in Georgia are heavily influenced by the age of the driver (as is the case in most states). This is because young drivers are statistically more likely to have an accident due to a lack of driving experience. Assuming they don’t have major traffic violations, their rates should drop as they get older.

* 16 years and 17 years calculated on the parents’ policy.

Georgia Auto Insurance Rates by Gender

Most states use gender as a pricing factor to determine your auto insurance premium (California, Hawaii, Massachusetts, Michigan, Montana, North Carolina, and Pennsylvania do not use gender as a factor. pricing). Nationally, men pay higher premiums on average than women, as insurance companies generally perceive men to be riskier at the wheel. However, in Georgia, men actually pay slightly lower average premiums than women overall.

Average annual premium for full coverage
Male drivers $ 1,964
Female drivers $ 2,000

Auto Insurance In Georgia By Credit Score

When you look at the cost of insurance, you may wonder how your credit score affects your auto insurance rates. In states except California, Hawaii, Massachusetts, Michigan, and Washington, auto insurance companies can use your insurance-based credit score to determine your likelihood of filing a claim. Policyholders with lower credit may have a higher risk of having an accident and filing a claim. Because of this added risk, auto insurance companies typically charge higher premiums for those with lower credit scores.

The following table shows the average auto insurance rates by credit score.

Average annual total coverage rate by credit score

Poor Mean Good Excellent
national average $ 3,873 $ 1,865 $ 1,674 $ 1,487
Georgia $ 3,143 $ 2,200 $ 1,982 $ 1,859

Georgia auto insurance rates by driving record

Past driving offenses can dramatically increase auto insurance rates in Georgia. Here’s what you can expect to pay for auto insurance after a driving incident.

Driving incident Average annual premium for full coverage in Georgia % increase in average annual full coverage premium
Speeding $ 2,446 23%
Accident $ 2,949 49%
DUI $ 3,691 86%

Georgia auto insurance rates by vehicle type

Another aspect to consider when shopping for an auto insurer is how the make and model of your vehicle affects your auto insurance rates. Auto insurance rates vary by make and model of vehicle, as different types of cars have different accident statistics, parts prices, labor costs, and different safety features. Cars that cost more to repair, such as foreign vehicles with imported parts, will generally carry higher auto insurance premiums. If a car has higher accident statistics, an insurance company may find you more likely to be in a car accident and may increase your rates. Meanwhile, if your car is equipped with certain safety features, your auto insurance provider may lower your rates.

Here are a few examples to help you estimate your auto insurance rates by make and model, or compare how rates vary by type.

Frequently Asked Questions

What is the average cost of minimum coverage in Georgia?

At $ 756 per year, on average, minimum coverage auto insurance in Georgia is significantly cheaper than full coverage auto insurance. Although Minimum Coverage is the cheapest auto insurance in Georgia, most insurance experts recommend that you purchase full coverage auto insurance to ensure you have sufficient financial protection in the event of an accident. However, if you choose to purchase auto insurance with minimum coverage, note that Georgia requires minimum auto liability limits of 25/50/25.

Is Uninsured Motorist Coverage Required in Georgia?

No, this is not the case. However, this could be a good cover to have since Georgia has a 12.4% rate of uninsured motorists. If you were in an accident with an uninsured motorist, you may be forced to pay your own bills.

What is the best auto insurance in Georgia?

The best auto insurance companies in Georgia are different for everyone depending on individual circumstances. Insurance companies use specific pricing factors to calculate insurance premiums, such as your age, make and model of your vehicle, your credit history, and your driving history.

How to find the cheapest car insurance in Georgia?

Each company rates auto insurance differently, so comparing auto insurance offers from the best providers in Georgia can help you find the lowest coverage for your situation.

Methodology

Bankrate uses Quadrant Information Services to analyze 2021 rates for all zip codes and carriers in all 50 states and Washington, DC Rates shown are based on a 40 year old male and female driver with a clean driving record , good credit and the following comprehensive coverage limits:

  • $ 100,000 of civil liability for bodily injury per person
  • $ 300,000 liability for bodily injury per accident
  • Civil liability for property damage of $ 50,000 per accident
  • $ 100,000 in bodily injury caused by an uninsured motorist per person
  • $ 300,000 in uninsured bodily injury per accident to a motorist
  • $ 500 collision deductible
  • Global deductible of $ 500

To determine the minimum coverage limits, Bankrate used a minimum coverage that meets the requirements of each state. Our basic profile drivers own a 2019 Toyota Camry, commute five days a week and cover 12,000 miles a year.

To determine the alternative rates, our base profile was adjusted for the following scenarios:

  • Driving history: the rates were calculated by evaluating our baseline profile with the following incidents applied: clean record (baseline), at-fault accident, single speeding ticket, and single conviction for impaired driving.
  • Age: the rates were calculated by evaluating our baseline profile with ages 18-60 (baseline: 40) applied. For teenage drivers, the rates were determined by adding a 16- or 17-year-old teenager to the policy of a 40-year-old married couple. The prices displayed reflect the additional cost to the parents policy.
  • Kind: The following states do not use gender as a determining factor in calculating premiums: California, Hawaii, Massachusetts, Michigan, Montana, North Carolina, Pennsylvania.
  • Credit-based insurance scores: The rates have been calculated based on the following insurance credit levels assigned to our drivers: “poor, average, good (basic) and excellent”. Insurance credit levels take your official credit scores into account, but are not solely dependent on this variable. Five states prohibit the use of credit-based insurance ratings as a scoring factor in determining auto insurance rates: California, Hawaii, Massachusetts, Michigan, and Washington State.

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

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