Discount Auto Insurance Quotes In Georgia - GA

Things are looking up in the state of Georgia, and they have been for some time. With a booming economy and plenty of jobs, the state is drawing in new residents all the time. Upon arriving, most of them need auto insurance coverage. It pays to shop around for auto insurance in Georgia, and the simplest way to do that is by collecting and comparing quotes. Prior to gathering insurance quotes, however, drivers should consider learning about the demographics of the state. They should absolutely study up about the minimum insurance requirements as well.

One of the main reasons it pays to shop around for car insurance is because different insurance providers have different features, plans and rates. Simply buying the first policy that comes along is a recipe for disaster. Without being aware of the legal requirements for car insurance in Georgia, a driver could accidentally end up with coverage that exposes him to serious penalties. For these and many other reasons, it is wise to set aside a little time while looking for auto insurance. The final step is collecting auto insurance quotes, and understanding them will be easier when plenty of research has been done first.

Who Drives in Georgia?

The population of Georgia continues to grow. The U.S. Census Bureau estimated that the Peach State's population in 2012 reached 9,919,945. There's little doubt that it will break the 10-million-person mark in 2013. At any rate, theFederal Highway Administration reports that there were 6,505,690 licensed drivers in the state as of November 2012, which means that 65.6 percent of the people who reside in Georgia have driver's licenses and presumably drive on a fairly regular basis.

The fact that so many people are on the road in Georgia highlights why it's so important to have valid car insurance coverage at all times. The more people there are on the road, the likelier car accidents are. Some accidents simply can't be avoided, so it's in every driver's best interests to maintain decent coverage. Men account for 3,106,213, or 47.75 percent, of all licensed drivers in the state. According to the Federal Highway Administration, women account for 3,399,477, or 52.25 percent, of all licensed drivers in Georgia. Gender isn't considered during premium calculations, but it is still interesting to see how many men and women drive in Georgia.

Drivers can keep their rates low by avoiding accidents and not breaking traffic laws. There are some things people can't control, though, and age is one of them. Younger drivers are less experienced, so their rates tend to be quite a lot higher than older drivers'. Young people may find this to be unfair, but it makes sense. As of November 2012, 276,274, or about 4.2 percent, of all drivers in the state were aged 19 or below. The largest group of drivers consisted of people between the ages of 45 and 49 and totaled 666,129, or 10.2 percent of all licensed drivers.

Auto Insurance Requirements in Georgia

Although some people are eligible to use self-insurance to maintain proof of financial responsibility in the state of Georgia, most folks have to purchase liability auto insurance. At least, they need to do so to drive legally in the state. It's a good idea to have decent coverage anyway, and it's smart to buy even more extensive coverage whenever possible.

Basic car insurance requirements in the state of Georgia are:

  • At least $25,000 in bodily injury coverage for a single person
  • At least $50,000 in bodily injury coverage for two or more people
  • At least $25,000 in property damage coverage

It should also be noted that some lenders require people to maintain more extensive insurance coverage until their auto loans are paid in full.

In terms of penalties for not maintaining valid auto insurance in Georgia, drivers face registration suspension for up to six months, a lapse fee of $25 and a reinstatement fee of up to $160. Insurance companies report lapses and cancellations to the Motor Vehicle Division, so it's even more difficult for drivers to get away with going without coverage.