What is the minimum auto insurance coverage in Georgia? Are there any policy I need to purchase?

Andrea

Columbus, GA

Like any other rules, auto insurance in Georgia sets a minimum amount of auto insurance. The liability policy is required by the states and the coverage will only apply to the person whose name is indicated on it. As compared with other states in the US, Georgia has the highest least amount of liability coverage required to drivers.

The minimum liability auto insurance coverage in Georgia are:

• $25,000 Bodily Injury Liability limits of per injured person up to a total of
• $50,000 per accident, and
• $25,000 Property Damage Liability coverage

Although auto insurance in Georgia does not require collision and comprehensive coverage, drivers will need this coverage to pay the cost of repairing his/her vehicle. Other than paying the cost of vehicle repair of the victim, the insured should also think of his/her needs after the accident. Collision and comprehensive coverage can ease the financial burden of shelling out money for this. In case you got your car damaged because an animal immediately crossed the road, this coverage will still pay for the vehicle repair.

Worst case scenario that can happen to a driver is to get hit by a vehicle that is not insured. If collision and comprehensive insurance will pay the vehicle cost, uninsured/underinsured will take care of your medical expenses. You can also use this when the at-fault driver does not have sufficient auto insurance coverage to pay the total amount of costs.

I want the cheapest car insurance in Georgia for a comprehensive coverage.

Dion

Augusta GA

Getting a comprehensive coverage is a good decision since it gives you the coverage that will protect you from having to pay for damages to your car in case of collision. It can also cover you from damages resulting from events that are not caused by hitting another car, like theft, fire or vandalism. Since comprehensive coverage will cost more than getting just a liability coverage, it is a good idea to compare cheapest car insurance in Georgia before deciding on which company to purchase the protection. What you can do is to call or visit insurers in your place to ask for a comprehensive coverage insurance quotes. That way you can compare cheapest car insurance in Georgia using all of the quotes you get from the local providers.

Aside from that, you can also go online to get quick quotes from brokers and other companies you haven’t called. The online calculators are easy to use and can provide you with quotes to compare cheapest car insurance in Georgia by entering a few information. The quick quotes will give you an idea whether or not the local insurers are selling coverage at lower or higher costs. You may even decide to purchase from one of the online companies which provided you a quick quote.

I already know about the usual auto insurance coverage like collision coverage and comprehensive coverage. But I heard about automobile insurance endorsements, is that something I need here in Georgia?

Oliver

Atlanta, GA

Auto Collision coverage and Comprehensive coverage are the two most common and well-known insurance type in the market. There are lots of other auto insurance coverage out there, too.

Automobile insurance endorsements is just another name for those other policy extras that auto insurance companies in Georgia offer. These are towing insurance, auto glass insurance, daily rental insurance, and emergency roadside insurance. You don’t really need to have them and they are not required in any state, but they can come in handy.

Now, auto towing insurance is the one that comes rushing in when you need you car towed (hence the name). That should be clear enough for everybody. Then there’s auto glass insurance is for when you need to have your car window repaired. This is usually covered by comprehensive insurance, but having this will provide you with a lower deductible. And you might want to check the details of your comprehensive coverage about windows and side mirrors just to be sure.

Daily rental insurance kicks in when you need to rent a car. Why would you do that, you ask? Well, when
your car is in the auto shop and you need to go around, this auto insurance coverage will pay for the car rental. Without this, you may have to shoulder the car rental while your car is being repaired. Emergency roadside insurance is when you need mechanics to go to your location and have your car fixed there, like a flat tire.

Now, whether you need these other auto insurance types is up to you and your lifestyle, and of course, your budget.

I live in Roswell, Georgia and I have a loan on my vehicle. yesterday my vehicle was stolen. I do have comprehensive car insurance. What will happen?

Allan

Roswell, GA

Since you mentioned that you have comprehensive coverage, this coverage covers damages caused by fire, weather, vandalism, floods and theft. If your stolen vehicle will not be recovered , your car insurance provider will settle for the ACV of the car before it was stolen.

If you visit the Georgia Insurance Commissioner site it states there how if your vehicle is a total loss, which a stolen car is since it taken from you, your full coverage through your insurance carrier will pay you what the vehicle was worth based on its ACV.

If you owe more money then the ACV of the car, you will be responsible for the difference of what the automobile’s actual cash value settlement is and the balance of your vehicle loan

A: Good question. When you have an old car, you have to take into consideration a couple of things. First of all, what kind of safety features does it have? Even the basics such as seat belts and air bags will save you money, but if you can have anti lock disc brakes installed as well, that’s another good step.

Second of all, how much is it worth? Check Kelley’s Blue Book and see. If your car values less than a thousand dollars, then it’s time to cut off the fat. A thousand dollar car doesn’t need comprehensive or collision insurance, and you can get by fine with just the minimum liability. Otherwise, you’ll be spending more each year on your supposedly cheap SR22 auto insurance than you would get back if you just sold the thing.