Georgia Car Insurance
Mandatory Auto Insurance Laws in Georgia
The State of Georgia follows a Tort auto insurance system regarding road and driver regulations. A Tort system implies that if the driver is at fault for causing an accident, they are responsible for paying the victim’s medical expenses and compensating for other damages such as loss of wages and possible pain and suffering.
These regulations made by the state forces the driver to purchase auto insurance and it is mandatory that they acquire the expected amounts. Although only the minimum coverage is required, it does not mean that you or your dependents will be fully protected. Learning what car insurance companies have to offer is definitely beneficial for you in the long run because every single person has their own needs and wants, and choosing the right auto insurance company in Georgia is vital to your overall well-being.
Anything can happen on the road, whether it is the change of weather, other drivers or something completely out of your control, but the one thing you can do to be in preparation for the unexpected is to be fully covered with your car insurance plan. By learning the regulations and requirements of car insurance laws for the state of Georgia, it will help protect you immensely both medically and financially.
Being a driver under the state of Georgia’s mandatory laws requires you to carry accident liability insurance for any vehicle they own. The minimum amounts are as follows:
- $25,000 per person for bodily injury liability
- $50,000 per accident for bodily injury liability to 2 or more people
- $25,000 per accident for property damage
The average insurance premium for Georgians is $1,373.20, compared to the current average car insurance premium in the U.S. of $1382.55. Below is a chart indicating the premium rate trend for Georgia
Although people must abide to the car insurance laws where accident liability insurance must be purchased, there are some exclusions to the rule such as:
- Owner moved to another state or the ownership was transferred out-of-state
- Vehicle lease was terminated
- Vehicle was repossessed, stolen, or not driven because it was inoperable
- Vehicle was sold or the ownership transferred
- Vehicle was stored or used seasonally for agricultural purposes
- Vehicle was wrecked, salvaged, or junked
Rental Car Insurance Requirements for Georgia
If you have (as stated by the law of Georgia) the minimum coverage plan as a driver, then the rental company should provide the required amount of liability insurance to your rental. If your auto insurance policy does not provide rental car insurance, then the cost should range from $7-$14 a day.
The most stolen vehicle in Georgia is a 1996 Honda Accord
Now understanding what Georgia’s requirements are for auto insurance laws, the next step is to acquire insurance quotes. This way you can compare and contrast what you need and what the auto insurance company has to offer. The discounts and savings also vary between companies too, which makes it another beneficial reason to getting estimations.
Simply enter your zip code below for quick car insurance quotes. Compare premium prices and save more money today.
Sources:
Auto Insurance Tips: Georgia
Tort Auto Insurance Basics
Car Insurance: Georgia
