How Much is Car Insurance for Good Students in Georgia?

I’m sure you’ve seen the catchy commercials from companies like Nationwide, Progressive, and Allstate that claim dirt cheap rates, so you just need to pick the company with the best ad, right?

It’s not that simple, unfortunately, as there are many unknown factors like if you have ever let your coverage lapse, the performance level of your vehicle, and the number of miles you drive in a year, that all influence how much you pay for auto insurance. This article should teach you a little about some of these criteria and also should give you a good start in finding the cheapest insurance.

We all have different tastes in cars, and the vehicle that is being insured is probably the biggest factor in finding cheap insurance for good students in Georgia. Vehicles with economical engines, good crash test ratings, or low incidents of liability claims will cost much less to insure than fast, unsafe models. The lists below outlines auto insurance prices for a handful of the cheaper vehicles to insure.

Table data represents single female driver age 17, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include safe-driver, and claim-free. Price information does not factor in vehicle garaging location which can decrease or increase rates considerably.

Premium data assumes single female driver age 17, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include claim-free, and safe-driver. Estimates do not factor in zip code location which can modify rates significantly.

Data assumes single female driver age 17, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include claim-free, and safe-driver. Prices do not factor in specific garaging location which can change premium rates substantially.

One of the many things that car insurance companies use to determine the annual cost of car insurance is where your home is located. More densely populated places like East Point, North Atlanta, and Smyrna tend to have more expensive auto insurance rates, whereas areas with fewer weather claims and lower vehicle theft rates tend to receive slightly lower rates.

The information below ranks the highest-priced areas in Georgia for good students in which to buy car insurance.

Rate information is approximated as specific location information can affect coverage prices greatly.

The chart below shows how choosing a deductible can change insurance rates when quoting cheap insurance for good students. Data assumes a single female driver, full physical damage coverage, and no discounts are taken into consideration.

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A 50-year-old driver could cut expenses by $372 a year by increasing from a $100 deductible up to a $500 deductible, or save $564 by switching to a $1,000 deductible. Younger drivers, such as the Age 20 example, have the ability to save up to $950 or even more by using higher deductibles when buying full coverage. If you do decide to increase your deductibles, it is important to have enough savings to enable you to cover the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.

Irresponsible driving raises your rates

The easiest method to snag cheap insurance for good students in Georgia is to drive carefully and avoid accidents and keep your driving record clean. The illustration below shows how traffic citations and at-fault collisions influence insurance prices for each age group. The rates are based on a married male driver, full coverage, $100 deductibles, and no policy discounts are applied.

google.charts.setOnLoadCallback(drawVioqcibChart);function drawVioqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘No Violations or Accidents’, ‘Two Speeding Tickets and No Accidents’, ‘Two Speeding Tickets and One Accident’],[‘Age 20’, 3331,4071,4807],[‘Age 30’, 1753,2491,3229],[‘Age 40’, 1681,2419,3159],[‘Age 50’, 1537,2273,3013],[‘Age 60’, 1507,2245,2983],[‘Age 70’, 1731,2469,3205]]);var options = {title: ‘Effect of Tickets and Claims on Georgia Auto Insurance Rates’,titleTextStyle: {color: ‘#333’, fontSize: 17, bold: true},width: ‘100%’,height: 600,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’,textStyle: {fontSize: 12}},colors:[‘#b2da64′,’#eed355′,’#e39e71’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Georgia’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);formatter.format(data,3);var chart = new google.visualization.BarChart(document.getElementById(‘qcibvio’));chart.draw(data, options);}

In the previous example, the average cost of an auto insurance policy in Georgia per year with no accidents and a clean driving record is $1,923. Receive two speeding tickets and the average cost hikes up to $2,661, an increase of $738 each year. Now include one accident along with the two speeding tickets and the annual cost of insurance for good students jumps again to an average of $3,399. That’s an increase of $1,476, or $123 per month, just for being a careless driver!