Cheapest Car Insurance in Georgia (October 2024)

COUNTRY Financial offers the cheapest minimum car insurance policy in Georgia and for most driver profiles. Other types of drivers, like teens, might find Allstate the most affordable option.

MoneyGeek's list of the top car insurance companies in Georgia is a great place to find one that balances affordability and quality service.

These companies offer the most affordable car insurance in Georgia for a minimum coverage policy:

• COUNTRY Financial: $412 per year
• Auto-Owners: $444 per year

Allstate has the highest average annual premium in Georgia for minimum coverage at $1,079.

Auto insurance that meets the minimum requirements covers only bodily injury liability and property damage liability.

With a minimum coverage policy, you're covered only for injuries or damage you cause to others. To protect yourself further, consider a full coverage policy, which includes comprehensive and collision insurance covering damage to your vehicle.

These companies offer the cheapest full coverage car insurance in Georgia:

• COUNTRY Financial: $751 per year
• Auto-Owners: $993 per year

Progressive is Georgia's most expensive full coverage insurance provider, averaging $1,842 annually.

Full coverage car insurance offers excellent financial protection, covering damage from collisions, theft, vandalism and flooding.

Adding comprehensive and collision coverage to your policy increases your premium. For example, a full coverage policy from COUNTRY Financial costs $339 more than its minimum coverage option.

How much coverage you need will affect your car insurance rate. MoneyGeek's full coverage sample policy includes liability protection up to the following limits:

• $100,000 bodily injury per person
• $300,000 bodily injury per accident
• $100,000 property damage per accident

Your insurance payments might be reduced if you lower your liability limits, remove comprehensive and collision coverage or raise your deductible. However, you risk paying more out of pocket if caught in an accident.

Many Georgia auto insurance companies offer online quotes if you need one. To compare rates, you'd need to visit several websites. The process could take up to 15 minutes, and insurers may also request your personal information.

With MoneyGeek's car insurance calculator, you can easily estimate your car insurance without providing personal information to several providers. Enter your age, gender and driving record below to learn more.

Allstate offers the cheapest rates for teens, while COUNTRY Financial provides the most affordable rates for young adults and seniors.

The most affordable car insurance companies in Georgia for teen drivers on a parent’s policy are:

• Allstate: $1,668 for female teens and $1,745 for male teens per year
• GEICO: $2,315 for female teens; Auto-Owners: $2,554 for male teens per year

Progressive is the most expensive option in Georgia for female teens at an average of $3,046 per year, whereas State Farm is the most costly option for male teens at $3,892 per year.

As teens age, car insurance rates decrease, leading to a significant difference in premiums between drivers aged 16 and 19. Allstate offers the lowest rate for 19-year-old male drivers in Georgia at $1,448 annually.

A teen policy is cheaper if included in a family plan. In most cases, drivers under 18 cannot legally purchase auto insurance themselves — they need a parent or guardian as a co-signer. A 16-year-old driver in Georgia pays $3,112 less to be on their parent's policy than an individual plan.

Young drivers can receive discounts, helping families save money on car insurance. Insurance companies, such as Auto-Owners, Allstate and State Farm, offer good student discounts (for those with good grades) and distant student discounts (for those who live away from home).

The cheapest car insurance companies for full coverage in Georgia for young adults in their 20s are:

• COUNTRY Financial: $1,087 per year
• Auto-Owners: $1,428 per year

Progressive is the least affordable option for this age group, with a full coverage policy costing an average of $2,397 yearly.

The auto insurance cost for drivers in their early 20s is usually higher than that for drivers between 30 and 59 because younger drivers have a higher accident frequency and severity rate. For example, policies from the cheapest providers cost $474 more per year for drivers in their 20s than those in their 40s.

Senior drivers in Georgia can get the cheapest car insurance from:

• COUNTRY Financial: $657 per year
• Auto-Owners: $1,067 per year

Progressive has the highest rates for seniors, at around $1,847 annually.

Insuring a senior driver in Georgia is about $25 cheaper per year than insuring a middle-aged driver. However, premiums usually rise after age 70 as risk factors increase for older drivers.

Car insurance premium discounts may be available for seniors from certain insurers. Comparing quotes from multiple insurers can also help you find the best rates for your profile and coverage needs.

COUNTRY Financial has the most affordable rates for drivers with tickets, at-fault accidents, DUIs and poor credit scores. Auto-Owners offers the cheapest insurance for sports cars.

For Georgia drivers with a speeding ticket, the cheapest car insurance companies are:

• COUNTRY Financial: $1,022 per year
• Auto-Owners: $1,119 per year

Progressive offers the most expensive coverage for drivers with tickets, at roughly $2,583 per year. In Georgia, getting a speeding ticket can increase your car insurance premium by $365 and generate an annual premium surcharge for at least three years.

The most affordable full coverage car insurance companies for Georgia drivers with an at-fault accident are:

• COUNTRY Financial: $1,080 per year
• Auto-Owners: $1,394 per year

Drivers with at-fault accidents pay the most with Progressive — around $3,598 annually.

Being at fault in a car accident could result in an increase of $806 in your annual premium in Georgia.

The cheapest full coverage car insurance options in Georgia for individuals with DUI records are:

• COUNTRY Financial: $1,250 per year
• Mercury: $2,007 per year

For drivers with DUIs, GEICO is the costliest auto insurance provider at around $4,466 annually.

In Georgia, a DUI increases your insurance premium by $1,030 on average.

For drivers in Georgia with poor credit, these companies have the most affordable car insurance:

• COUNTRY Financial: $1,129 per year
• GEICO: $1,863 per year

Insuring your car with State Farm costs the most in Georgia if you have a low credit score, at about $3,749 annually.

Insurers calculate your rate using a credit-based insurance score, which considers various factors to assess how well you manage your money. In Georgia, car insurance costs about $970 more for drivers with a credit score below 580 compared to those with a score of 750 or higher.

Actuarial data shows that drivers with poor credit are more likely to file claims. Consequently, some insurance companies will charge a higher rate. The usage of credit history as a rating factor varies from state to state, but in Georgia, it's legal.

Gradually, you can improve your credit score to get lower car insurance rates. You can also save money by comparing rates from different insurers and using bundle and multi-car discounts.

If you own a sports car in Georgia, the following companies are the most affordable:

• Auto-Owners: $1,128 per year
• GEICO: $1,490 per year

Progressive offers the most expensive policy for sports cars at $2,556 per year.

In Georgia, it's more expensive to insure sports cars, at $381 annually, than a Toyota Camry LE.

MoneyGeek used the Ford Mustang as a sample sports car, but your particular model may have different costs. Insuring sports cars, electric cars and luxury vehicles is generally more expensive, depending on the state. However, the model may have little influence.

COUNTRY Financial offers the cheapest car insurance in Georgia for active-duty military members and veterans at $751 per year.

USAA, at $1,051 annually, provides unique coverage benefits and discounts for military personnel.

Car insurance costs vary widely across Georgia due to risks like traffic accidents and car thefts.

Even with the same provider, rates can differ based on your location. For example, Auto-Owners offers the lowest price for a full coverage policy in Athens-Clarke: $1,041 annually. In Atlanta, the most expensive city, Auto-Owners provides the same policy for $1,456 annually — a $415 difference.

Under Georgia law, all drivers must carry bodily injury liability and property damage liability insurance. Most states require these coverages.

According to Georgia law, you need only bodily injury liability and property damage coverage on your policy. A policy of this type is affordable but provides limited coverage if you're involved in an accident.

To ensure full protection, MoneyGeek recommends purchasing as much liability coverage as you can manage. In Georgia, SR-22 insurance may also be required if you have serious violations on your record, such as a DUI.

MoneyGeek recommends having liability limits of $100,000 per person, $300,000 per accident for bodily injury and $100,000 for property damage per accident. If you're involved in an accident, you'll have adequate coverage.

You may need comprehensive and collision insurance for financed cars and leased vehicles. It covers damage caused by collisions, off-road incidents, vandalism or theft to your car.

A full coverage policy might be ideal if you drive a valuable car, even if it isn't legally required.

As a substitute for low-cost standard auto insurance, Georgia drivers can purchase Financial Responsibility Insurance.

Georgia drivers must carry the state minimum insurance for bodily injury and property damage liability. You can, however, purchase full coverage car insurance to increase your liability limits.

MoneyGeek answered frequently asked questions about Georgia car insurance costs and quality to help you make an informed decision.