What are the minimum requirements for auto insurance in Georgia?

What are the minimum requirements for auto insurance in Georgia?

I am looking to change insurance companies and I am not sure what I really need. I am over 40, single with no tickets or accidents and the vehicle is paid for. Oh yeah, I am the only driver.

Texas

You need to comparison shop for the best rate. Don't just take a quote from one company that is less and settle. You are in a preferred driving range for most insurance companies and your rates should reflect that. All you need to do is find the right insurance company who rewards these preferred drivers. Everyone always wants the minimum 25k, 50k, 25k in GA. This would leave your assets very exposed if you own any property at all or if you work and make wages. The GOOD NEWS!! Getting 3 times the state minimum auto insurance coverage would only cost you a few dollars more a month, it is very little to say the least. This couple of dollars per month will protect some of your property in the event you have a major accident or cause injuries leaving you very exposed.Source(s):http://www.nationwidebillrelief.com/blog

Mushu

From Carinsurance. com:"The state of Georgia requires motor vehicle owners and lessees to maintain continuous mandatory liability insurance coverage of at least the minimum limits in order to drive on Georgia roads or highways. The minimum liability limits set by the set state are 25/50/25.These limit numbers stand for: bodily injury liability of $25,000 per person, $50,000 per occurrence and property damage liability of $25,000 per occurrence."Those are just the minimums, you should actually have higher limits. State minimum limits are outdated, particularly with much more expensive cars on the roads these days, not to mention medical costs are much higher as well. One small accident with a higher end car with minor injuries could cause your limits to be breached, meaning that you would end up paying the rest out of pocket.

Ask

insurance

Popular Q&A

How do I write a notarized statement indicating that I had no car insurance at the time of car damage?
Use a banker. Just write , " I had no insurance coverage at the time of the loss."Source(s):agent, 21+ years

How to make thier insurance company pay?
You have presented a very unique situation.So you owned the car, but had a car loan on it. You did not specify what the payoff balance was at the time of the loss. I wonder how much was left on that loan?If you had reached an agreement to settle, the insurance company would issue a check...

Do you know that many auto insurance companies base your rate on your Credit Score>? Should this be legal>?
First off, I have been a claims adjuster for 20+ years. Using a credit report to help determine rates is pure BS. As another poster stated many people with good credit suck at driving. Their the ones who are wealthy and too busy to pay attention while driving.I have investigated 1000's of accidents...

What's the cheapest auto insurance for a 23-year old woman?
Everyone's situation is a little different, but there are several good sites that will do price comparisons of all the major insurance companies for you. Here's a pretty good one:http://www.cheapercarinsurance.com/Let me know how that works out for you...

What car insurance do you like?
I currently have State Farm. There is very little difference between the large insurance companies(Allstate, Farmers, State Farm, etc). Maybe you just don't like your agent. Nevertheless, below is some information to help you decide.The magazine Consumer Reports has rated the top insurance...