How Much Is Car Insurance in Georgia? Rates by Coverage Level, Age, Driving History and Location

The average car insurance cost in Georgia is $1,638 per year. Compared to the national average of $1,424 per year, Georgia ranks 42nd among states, with high prices compared to most states. MoneyGeek gathered rates for a sample driver and varied the coverage level, age, driving history, credit score and location to help you find a suitable policy for your needs.

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For an average of $1,638 per year, a 40-year-old driver with a clean record can have full coverage car insurance in Georgia. To see how the average car insurance cost in Georgia changes according to the driver’s profile, we break down the costs taking into account factors like coverage level and driving history. If the same driver opts for a more affordable policy with the state’s minimum coverage, the average cost drops to $977 per year. Meanwhile, a full coverage policy for a 16-year-old has an average annual premium of $5,022.

Average Cost of Car Insurance in Georgia: Summary

While there can be many factors that affect your risk level as a driver, such as your marital status, prior insurance coverages and the type of vehicle that you drive, some categories are more impactful than others. For example, age and poor credit scores are the biggest factors that increase Georgia car insurance rates. See how we calculated the average cost for different driver profiles.

Average Costs of Car Insurance in Georgia

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Why Are Car Insurance Rates Average in Georgia?

How much car insurance costs in Georgia also depends on several state-specific variables. Comparing the data to see how car insurance rates differ by state, MoneyGeek found that Georgia has moderately priced car insurance due to a moderate urban population share, traffic density, rate of uninsured drivers and rate of vehicle theft.

Only half of the population in Georgia live in urban areas, subsequently lowering traffic density. Since there is an average number of vehicles on the road, there is an average chance of an accident as well. Lastly, Georgia does not experience frequent natural disasters.

Average Cost of Car Insurance in Georgia: Full Coverage vs. Minimum Coverage

Rates primarily vary based on coverage level, specifically whether a driver wants full coverage or a minimum coverage policy.

The average cost of full coverage car insurance in Georgia is $1,638 per year. This includes comprehensive and collision insurance. Choosing a policy with minimum coverage will cost just $977 per year on average. There is a cost difference of roughly $661 per year between a policy with full coverage and one with only the state’s minimum requirements.

Average Cost of Car Insurance in Georgia by Coverage Level

Minimum vs. Full Coverage Car Insurance Costs in Georgia - By Company

Comparing companies should be one of the first steps when shopping for car insurance as it can have a big effect on your rates. Some companies could offer a much cheaper rate than others for the same coverage.

In Georgia, Nationwide offers the cheapest full coverage policy at $1,372 per year on average. GEICO, on the other hand, offers the cheapest liability-only coverage at an average of $722 per year. USAA rates are even more affordable, but their coverage is only available to military families.

For comparison, the most expensive full coverage is offered by Progressive at an average of $2,223. The most expensive average minimum liability coverage is from MetLife for around $1,437 per year.

Average Annual Costs of Car Insurance in Georgia - By Company

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How Much Is Car Insurance in Georgia by Age

Car insurance companies in Georgia also take the driver’s age into account when determining rates. The average car insurance cost in Georgia for young drivers is high because they are riskier to insure.

Rather than getting their own policy, young drivers can save when they are added to their parents’ policy. The average annual rate for a 16-year-old driver in Georgia is $5,022, while a 40-year-old will pay around $1,638 for similar coverage.

Driving experience is also taken into consideration. This is why first-time drivers may see the same rates as young drivers getting an insurance policy because both are technically new to driving.

Average Costs of Full Coverage Car Insurance in Georgia - By Age

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  • Age
    Annual Premium
  • $5,022
  • $4,803
  • $4,179
  • $4,497
  • $3,906
  • $2,903
  • $2,668
  • $2,412
  • $2,250
  • $2,039
  • $1,786
  • 40
    $1,638
  • $1,665

How Does Driving History Affect Car Insurance Costs in Georgia?

A bad driving record can significantly affect car insurance rates. Drivers with speeding tickets and a history of accidents on the road pay more for insurance because they are riskier to insure.

In Georgia, a driver with a speeding ticket pays around $472 more per year than a driver with a clean record. The rates will even be higher for drivers with severe violations like traffic accidents and DUIs. A Georgia driver with a DUI can expect to pay nearly $1,300 more per year on average than a driver with a clean record.

Average Costs of Full Coverage Car Insurance in Georgia - By Driving History

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  • Driving Violation
    Annual Premium
  • Safe Driver
    $1,638
  • Speeding Ticket
    $2,110
  • At-Fault Accident
    $2,738
  • DUI
    $2,929

Credit Scores and the Cost of Car Insurance in Georgia

A person’s credit score is a good indicator of financial reliability, which is why many insurance companies look at this aspect in calculating Georgia car insurance rates.

You can save a lot on your premiums if you have an excellent credit score, and you will pay much more if you have a bad one.

A driver with an excellent credit score pays roughly $322 less than a driver with a good credit score in this state. However, between drivers with good and bad credit scores, drivers with bad credit pay an average of $1,169 per year more.

Average Costs of Full Coverage Car Insurance in Georgia - By Credit Score

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  • Credit Score
    Annual Premium
  • Excellent
    $1,464
  • Good
    $1,786
  • Fair
    $2,090
  • Below Fair
    $2,484
  • Poor
    $2,955

How Much Is Car Insurance in Your City?

Aside from statewide laws and regulations, different rules also apply within cities. That’s part of why rates not only differ between states but also between cities within those states.

If you live in a densely populated city in Georgia, especially if it has a high frequency of road accidents, vehicle theft or vandalism, you will probably pay higher insurance rates than those who live in rural areas.

In Georgia, Athens has the cheapest average car insurance rates among major cities at $1,173 per year, while Atlanta is the most expensive city for auto insurance at an average of $1,638 per year.

Average Costs of Full Coverage Car Insurance in Georgia - By City

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Methodology

MoneyGeek collaborated with Quadrant Information Services across Georgia in collecting and presenting these rates. To get the average car insurance cost in Georgia, we gathered hundreds of quotes from several companies and based our analysis on one sample driver, specifically a 40-year-old with a clean driving record. The costs change as we adjust the driver’s coverage level, age, driving record and credit score. Note that these are averages and the only way to get an exact rate is to ask for a personal quote from your chosen car insurance company. See our methodology page for a full disclosure of the factors we include in calculating the averages.

Aside from the specific driver profile, we also gathered data on traffic, uninsured motorists, urban population share and motor vehicle theft rate:

  • Highway traffic density from the Federal Highway Administration’s 2019 data
  • Data on uninsured motorists from the Insurance Research Council’s 2019 study
  • Urban population share using the latest data from the U.S. Census Bureau
  • Data on motor vehicle theft rates from the FBI Crime in the United States Report for 2019

About the Author


expert-profile

Mark Fitzpatrick is a senior content manager with MoneyGeek specializing in insurance. Mark has years of experience analyzing the insurance market and creating original research and content. He graduated from Boston College with a Bachelor of Arts and Johns Hopkins University with a Master of Arts.


sources
  • Office of Commissioner of Insurance and Safety Fire. "Auto Insurance." Accessed September 9, 2021.