Who Has Cheap Insurance Quotes for Drivers with Good Credit in Georgia?

When buying car insurance for financially responsible drivers, one of the key factors that car insurance companies use when figuring auto insurance rates is where you keep your car in Georgia. Urban areas that are densely populated like East Point, North Atlanta, and Smyrna are more likely to pay higher prices, whereas areas with less traffic congestion and claims have the enjoyment of a little cheaper coverage.

The information below shows the priciest cities in Georgia for drivers with good credit in which to purchase auto insurance.

Rate information is estimated as the specific Georgia residence address can alter coverage rates noticeably.

The car, truck, or SUV driven is one of the largest factors that determines the availablility of the most affordable auto insurance for drivers with good credit. Vehicles with average performance, a plethora of safety features, or a positive history of liability claims will cost significantly less to insure than adrenaline junky models.

The data below presents auto insurance premiums for a handful of the more afforable automobiles to insure in Georgia.

Premium data assumes married female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Georgia minimum liability limits. Discounts applied include multi-policy, homeowner, multi-vehicle, safe-driver, and claim-free. Premium costs do not factor in vehicle location which can alter price quotes significantly.

By looking at the data, you can assume that vehicles like the Ford Escape, Hyundai Tucson, and Ford Edge are going to be a few of the most budget-friendly vehicles to insure for financially responsible drivers.

Deciphering which company has the cheapest auto insurance rates for drivers with good credit requires a bit more effort in order to find a policy that fits your budget.

Every car insurance company has a different process for determining prices, so let’s take a look at the lowest cost auto insurance companies in Georgia.

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Auto-Owners offers some of the lowest car insurance rates in Georgia at around $839 annually. The Hartford, USAA, Central Mutual, and MetLife also make the cut as some of the lowest-priced Georgia car insurance companies.

In the rate table above, if you currently buy coverage from The Hartford and switched to Auto-Owners, you could see yearly savings of in the neighborhood of $56. Customers with USAA might save as much as $129 a year, and Central Mutual policyholders might see rate reductions of $330 a year.

It’s important to note that these prices are averaged across all types of drivers and the different vehicles they drive and are not factoring in a rate discount for drivers with good credit. So the car insurance company that is best for you may not even be featured in the chart above. That illustrates why you need to quote rates from as many companies as possible using your own specific driver and vehicle information.

Full coverage rates compared to liability-only

Finding cheap insurance for drivers with good credit in Georgia is important to the majority of people, and a great way to pay less for insurance is to buy liability only. The chart below compares insurance costs when comparing full coverage to liability only. The price estimates are based on a clean driving record, no at-fault accidents, $500 deductibles, drivers are single, and no discounts are factored in.

If we average the cost for ages 20 through 70, full coverage costs $2,028 per year more than just buying liability insurance. Many people question when is it safe to stop buying full coverage. There is no written rule for dropping full coverage, but there is a broad guideline. If the yearly cost of full coverage is about 10% or more of replacement cost minus your deductible, then it might be time to buy liability only.

There are a few cases where removing full coverage is not advised. If you still have a lienholder on your title, you are required to maintain full coverage to satisfy the loan requirements. Also, if your emergency fund is not enough to purchase a different vehicle in the even your car is totaled, you should not drop full coverage.

How to find cheaper insurance for drivers with good credit

It is possible to find better rates, and here are some of the better penny-pinching solutions that can help Georgia drivers locate the cheapest auto insurance.

• Bundle home and auto and earn a discount
• Save money by insuring older vehicles for liability only
• Drive vehicles with five-star safety ratings
• Avoid accidents and claims
• Avoid speeding and other traffic citations and pay less
• Claim-free drivers earn discounts
• Compare rates regularly and switch companies to save money

The last tip is extremely crucial, as we pointed out in the article above. Car insurance rates in Georgia fluctuate constantly, so you should be ready to switch to a new company if a better deal can be had.

Brand loyalty is not necessarily bad, but we do not recommend it if your bullheadedness ends up costing you a small fortune year after year. If you have a few minutes, now is a great time to compare prices and find cheaper auto insurance for drivers with good credit.

Who has the cheapest insurance quotes for financially responsible drivers?

You have many ways to shop around for auto insurance in Georgia, but the most common methods are through an exlusive agent like Allstate or Liberty Mutual, an independent agent, or from a direct company like Progressive.

Each way is similar, but each is different in how they work.

Independent agents can place your business with multiple companies and can quote your policy with all of them. They possess the freedom to provide multiple price quotes, which can give you better odds of saving money. If cheaper coverage is found, the agent simply finds a different carrier which is easy for the insured.

A captive or exclusive agent is able to quote prices with just one company, for example an Auto-Owners or Allstate agent. Exclusive agencies are unable to provide a range of price quotes, which does not give you the best rate comparison.

Opting to purchase auto insurance direct means you do not use the middleman (the agent) and instead buy from a direct company like Geico or Esurance. Shopping direct can be good for drivers who have limited assets and have an above average understanding of what is covered and what is not.

So which method is best to buy cheap insurance for drivers with good credit in Georgia? We’d like to tell you buying direct yields the cheapest rates since it doesn’t require paying agent commissions, but that does not always hold true. A good argument could also be made that buying auto insurance from an independent agent is the best way since they have access to many companies, but again, it’s not a sure thing. And occasionally, exclusive agents have extremely competitive rates that other auto insurance companies cannot touch.

Due to the fact that auto insurance rates vary so much, the only real way to buy the cheapest coverage is to compare lots of quotes. It’s a good idea to get price quotes from independent, exclusive, and direct to give yourself plenty of rates to compare. For a list of companies with some of the cheapest Georgia auto insurance rates, click here to view.