Annual auto insurance premiums in Georgia are somewhat lower than the national average, with premiums for 2011 at an average of $1,329 in Georgia versus $1440 nationwide.

Annual Changes

The average annual premium decreased by 2% between the beginning of 2010 and the same period of 2011, after a 13% decrease between 2009 and 2010. Since it is difficult to predict whether this downward trend will continue, Georgia motorists are advised to use this site to monitor prices as well as to obtain periodic new quotes. In Georgia as in most of the United States, there is no state regulation of insurance prices and each company sets rates according to its own formulas.

Seasonal Changes

Rates in Georgia in 2010 varied greatly from month to month at different points during the year. A steady increase during the winter and spring was followed by a decrease in the summer that became especially sharp in September. By December, prices rose to the same basic level as those of the beginning of the year. This pattern illustrates how rates can be unpredictable in Georgia, so that checking rates and shopping around is always recommended.

Insurance Requirements

The minimum insurance requirements in Georgia include personal liability coverage of $25,000 per person and a $50,000 limit per accident, and the minimum property damage liability coverage is $25,000 as well. Uninsured and underinsured driver coverage is available in Georgia as of January 1, 2009 and such coverage is highly recommended. Under the tort system in Georgia, one party is judged responsible for all damages that result from an accident, and higher coverage limits are highly recommended to preserve assets in the event of a lawsuit.

Advice for Getting the Best Deals

Georgia drivers can choose from policies issued by national and regional insurers. Since each company sets its own rates as it sees fit, not all drivers will find that the same company offers the lowest prices for their situation. Obtaining multiple quotes from reliable insurance companies that are rated A or higher by A. M. Best is highly recommended, and checking the J. D. Power consumer satisfaction ratings for each company is advised before making a final decision.

The easiest way to get the lowest rates for car insurance in Georgia is by regularly obtaining multiple quotes and monitoring prices through this site.