How Much Is Car Insurance in Georgia? (2023)

Several factors influence car insurance rates, including age, location, driving history and the chosen insurer. In Georgia, the cheapest average full coverage rate is from Country Financial at $665 per year, while Progressive's rate is the most expensive at $1,119. A 16-year-old male driver on a family plan pays $2,813 per year compared to $6,220 on an individual policy.

In Georgia, the average yearly cost of car insurance is $915. Factors such as coverage amount and driving history can impact your rates. You’ll pay the following average amounts depending on your record:

• Clean record: $915 per year
• Speeding ticket: $1,184 per year
• At-fault accident: $1,479 per year
• DUI: $1,660 per year

The above rates are for full coverage policies. Minimum coverage policies tend to be significantly cheaper.

Auto insurance premiums are moderately expensive in Georgia. The average cost of car insurance is $915 per year, which is $139 less than the national average of $1,054.

These lower rates are likely due to Georgia’s medium traffic density, lower vehicle theft rates and cheaper insurers. However, insurance rates can be expensive in Georgia due to personal factors like your age and driving history.

When it comes to the cheapest auto insurance in Georgia, average rates may be misleading, as rates vary across companies. The most affordable company for a minimum coverage policy is Auto-Owners, at $311 per year ($778 for full coverage). Country Financial is the cheapest for a full coverage policy, at $665 per year. Allstate is the most expensive insurer for a minimum coverage policy, at $604 per year ($909 for full coverage).

While liability-only insurance coverage is typically cheaper, Georgia drivers can still find affordable full coverage insurance by comparing quotes.

As your liability coverage increases, so will your car insurance rates. The average cost of car insurance in Georgia varies between $447 per year for minimum coverage to $1,092 for a full coverage policy with maximum liability limits. Buying comprehensive and collision coverage may increase your annual rate by a few hundred dollars, but you can select a higher deductible to save money on your premiums.

A minimum coverage policy is the least expensive coverage you can buy. Although affordable, these policies lack comprehensive and collision coverage, leaving you unprotected in an at-fault accident.

Auto insurers usually offer increased liability limits shortened to 50/100/50 or 100/300/100. A 50/100/50 policy stands for:

• $50,000 in bodily injury liability insurance per person
• $100,000 in bodily injury liability insurance per accident
• $50,000 in property damage liability insurance per accident

In most cases, the highest liability coverage you can get from an insurer is 300/500/300. When shopping for auto insurance, remember that liability insurance covers damage or injury to others. What makes comprehensive and collision insurance full coverage is that it covers the cost of damages to you and your vehicle.

The cost of car insurance in Georgia can be affected dramatically by the driver's age, particularly when it comes to young or new drivers. The following is a breakdown of the average cost of a full coverage policy in Georgia by age group:

• 22–29: $1,243 per year
• 30–59: $915 per year
• 60+: $897 per year

Rates usually remain steady for drivers between 30 and 59, slightly decreasing after drivers reach their 60s. Young adult drivers tend to pay higher rates compared to their middle-aged counterparts. Adult drivers who start driving later in life may pay similar car insurance rates as drivers in their 20s due to their lack of experience.

In the Peach State, teen drivers pay the most expensive auto insurance rates compared to other age groups. A 16-year-old male could spend as much as $6,220 per year on an individual policy, while the same driver on a family policy may pay an average of $2,813 annually.

As teens age and gain more driving experience, their premiums tend to decrease. A 19-year-old on a family policy pays an average of $2,290 annually, while a 22-year-old driver pays $1,777 annually. Rates also depend on the driver’s gender. For example, a 16-year-old female on a family policy pays an average of $2,436 per year — $377 less than their male counterparts. MoneyGeek recommends researching different companies to find the cheapest auto insurance for teens in Georgia.

The average cost of car insurance for an older vehicle in Georgia is $961 per year, while the average rate for new cars is $1,177 per year — a difference of 23%.

Due to their higher actual cash value (ACV), repair costs and theft risk, it is more expensive to insure a new car. Insurance companies estimate their total payouts based on the ACV of the vehicles they cover. The ACV decreases as the car ages, making it cheaper to insure.

Georgia motorists driving new cars should invest in full coverage auto insurance. This coverage will protect you from expensive repairs and replacement costs if your vehicle is stolen or damaged in an accident.

Your driving history significantly impacts your rates. Drivers with traffic violations tend to pay more for auto insurance than those with a clean record. Average full coverage rates for drivers with different histories are listed below:

• Clean record: $915 a year
• Speeding ticket: $1,184 a year
• At-fault accident: $1,479 a year
• DUI: $1,660 a year

Your insurance rates will depend on the severity of your infraction. For example, drivers with a DUI pay much higher rates than drivers who receive a speeding ticket. MoneyGeek recommends comparison shopping to find the most affordable provider for drivers with poor records, as insurers may offer different prices for the same driving histories.

In Georgia, your credit score can significantly impact your auto insurance rates. Drivers with excellent credit pay an average of $719 annually, while drivers with poor credit pay a yearly average of $1,559. The average insurance rates based on the driver’s credit score are as follows:

• Excellent: $719 per year
• Good: $874 per year
• Fair: $1,057 per year
• Below fair: $1,286 per year
• Poor: $1,559 per year

It's important to compare different auto insurers in Georgia to determine the least expensive provider for drivers with poor credit, as insurers may charge different rates for lower credit scores.

Location significantly impacts your auto insurance rates. For example, drivers in Athens-Clarke pay an average of $864 per year for a full coverage policy, while drivers in Atlanta pay an average of $1,282. More densely populated cities like Atlanta tend to have more expensive car insurance due to their higher theft rates and increased risk of accidents.

The best insurer for you depends on your car insurance needs and unique driving profile. MoneyGeek answered the most commonly asked questions about car insurance costs in Georgia.