How Much are Car Insurance Quotes for Young Drivers in Georgia?

Our staff writers always rib each other than when writing about car insurance, the word cheap really should not be used anywhere in the article. It’s a simple fact that cheap auto insurance for young drivers is just plain contradictory. Don’t let that bother you, though, because we are going to show you some ways you can quote car insurance that you can afford.

When shopping for car insurance for youthful drivers, one of the many criteria that is looked at to help calculate the amount you pay for auto insurance is where you call home in Georgia. Cities with larger populations or higher claims like East Point, Dunwoody, and North Atlanta will most likely have higher rates, whereas cities that are not as densely populated tend to receive slightly lower rates.

The following table ranks the priciest cities in Georgia for young drivers to buy an auto insurance policy in.

Rates are comparative as the vehicle garaging location can change premium rates substantially.

Finding low-cost car insurance is challenging, and figuring out which companies quote the cheapest insurance rates for young drivers calls for more quotes for comparison. Prices will probably be significantly higher than the state average, with the increase attributed to the extra risk related to offering coverage for youthful drivers, but economical insurance should be available with some perseverence.

Each auto insurance company has a proprietary method for establishing rates, so we’ll go over the lowest cost insurance companies in Georgia. Keep in mind that Georgia insurance rates are impacted by many things that can increase the cost of your policy. Improving your credit score, buying a different home, or getting caught speeding can trigger price changes that can cause some rates to be higher-priced than before.

Best Cheap Insurance Rates for Teens

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Auto-Owners normally has some of the best car insurance rates in Georgia at around $839 per year. The Hartford, USAA, Central Mutual, and MetLife also rank well as some of the best Georgia insurance companies.

As shown in the rates above, if you buy coverage from The Hartford and switched to Auto-Owners, you could earn an annual premium reduction of around $83. Georgia drivers with USAA might save as much as $169 a year, and Central Mutual customers might reduce rates by $318 a year.

If you want to see how much you could save, click here to start your free quote or quote rates from the companies below.

These rates are averaged for all types of insureds and vehicles and do not factor in a price increase for young drivers. So the auto insurance company that is most affordable for your situation may not even be featured in the rate chart shown above. That points out the importance of why you need to compare rates from multiple companies using your own driver and vehicle profiles.

The safety and performance level of the vehicle you are trying to insure is one of the largest factors when comparing the most economical insurance for young drivers. Vehicles with high performance engines, poor passenger safety features, or a high likelihood of having liability claims will cost more to insure than safer models.

The information below showcases coverage rates for some of the cheaper automobiles to insure.

Prices above based on single female driver age 17, no speeding tickets, no at-fault accidents, $1000 deductibles, and Georgia minimum liability limits. Discounts applied include claim-free, and safe-driver. Premium amounts do not factor in zip code location which can modify coverage prices significantly.

Prices based on single female driver age 17, no speeding tickets, no at-fault accidents, $1000 deductibles, and Georgia minimum liability limits. Discounts applied include claim-free, and safe-driver. Rates do not factor in specific location information which can influence insurance rates considerably.

Data rating is based on single female driver age 17, no speeding tickets, no at-fault accidents, $1000 deductibles, and Georgia minimum liability limits. Discounts applied include safe-driver, and claim-free. Information does not factor in zip code location which can raise or lower insurance rates greatly.

Types of discounts on Georgia insurance rates

Car insurance companies that sell cheap auto insurance for young drivers in Georgia may also offer discounts that can lower rates by 40% or more if you qualify. Large insurance companies and a summarized list of policyholder discounts can be found below.

The chart below visualizes the comparison of premium costs with and without some available policy discounts. The information is based on a male driver, no tickets, no at-fault accidents, Georgia state minimum liability limits, full physical damage coverage, and $250 deductibles.

The first bar for each age group shows the price with no discounts. The lower bar shows the rates with passive restraint, paid-in-full, vehicle safety, anti-theft, paperless filing, and good student discounts applied. When these discounts are applied to the policy premium, the the average yearly reduction on insurance for young drivers is 14% or $190.

google.charts.setOnLoadCallback(drawDiscqcibChart);function drawDiscqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Male Driver No Discounts’, ‘Male Driver with Discounts’],[‘Age 17’, 5299,3793],[‘Age 30’, 1847,1343],[‘Age 40’, 1817,1319],[‘Age 50’, 1653,1201],[‘Age 60’, 1599,1161]]);var options = {title: ‘Insurance Rate Comparison with Discounts for Young Drivers’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’:{left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9’, ‘#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle’,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);var chart = new google.visualization.BarChart(document.getElementById(‘qcibdisc’));chart.draw(data, options);}

How much more does full coverage cost?

Finding cheap auto insurance for young drivers in Georgia is the goal of most people, and one of the easiest ways to pay lower rates for insurance is to buy liability only. The chart below shows the difference between insurance costs with and without physical damage coverage, medical payments, and uninsured/under-insured motorist coverage. The rate quotes are based on a clean driving record, no at-fault accidents, $250 deductibles, single status, and no additional discounts are factored in.

google.charts.setOnLoadCallback(drawFclqcibChart);function drawFclqcibChart() {var data = google.visualization.arrayToDataTable([[‘Age of Insured’, ‘Full Coverage with $250 Deductibles’, ‘Liability Only’],[‘Age 20’, 3517,1189],[‘Age 30’, 1847,653],[‘Age 40’, 1817,605],[‘Age 50’, 1653,567],[‘Age 60’, 1599,557],[‘Age 70’, 1947,745]]);var options = {title: ‘Price Comparison of Full Coverage Versus Liability Only’,titleTextStyle: {color: ‘#333’,fontSize: 17,bold: true},width: ‘100%’,height: 500,’chartArea’: {left:100,top:50,’width’: ‘100%’, ‘height’: ‘70%’},legend: {position: ‘bottom’},colors: [‘#6791b9′,’#98bee2’],hAxis: {title: ‘Annual Auto Insurance Cost for Average Vehicle in Georgia’,minValue: 0,format: ‘$###,###’},vAxis: {title: ‘Age of Insured’}};var formatter = new google.visualization.NumberFormat({fractionDigits: 0,prefix: ‘$’});formatter.format(data,1);formatter.format(data,2);var chart = new google.visualization.BarChart(document.getElementById(‘qcibfcl’));chart.draw(data, options);}

If averaged out across all ages, comprehensive and collision coverage on your policy costs $2,063 per year more than insuring for liability only. That may make you wonder if paying for full coverage is worth it. There is no definitive formula of when to eliminate full coverage on your policy, but there is a guideline you can consider. If the annual cost of your full coverage insurance is more than 10% of any settlement you would receive from your insurance company, then it’s probably a good time to buy liability coverage only.

How to find cheap auto insurance for young drivers in Georgia

The list below shows many penny-pinching ideas that can help you get cheap coverage.

• Buy a vehicle with excellent safety ratings
• Bundle home and auto and earn a discount
• Avoid accidents and claims
• Full coverage is expensive so only insure older vehicles for liability only
• Pay less by remaining claim-free
• Do not get traffic citations
• Compare rate quotes often

The last tip is very significant, as was emphasized in the article above. Prices can be modified anytime, so drivers shouldn’t be resistant to buy a policy from a new company if you find a cheaper price. Many drivers have brand loyalty and that’s fine, but it’s not recommended if that stubbornness costs you big bucks every year. If you have a few minutes, compare rates to find cheaper insurance for young drivers.

Who has the cheapest insurance quotes for youthful drivers?

There are many ways to find affordable insurance in Georgia, but the most common methods are using a captive (or exclusive) agency such as Liberty Mutual or State Farm, an independent or non-exclusive agent, or from a direct company like Geico. They all follow the same basic process, but insurance shoppers should know the differences in how they provide price quotes.

Independent insurance agents work with multiple companies and can do rate comparisons with all of them. These types of agents are not locked into one company and can quote rates with many companies, which may give you improved odds of finding cheaper coverage. If your agent finds a cheaper company, they simply switch companies in-house which requires no work on your part.

A captive, or exclusive, agent is usually restricted to a single company, two popular examples being a State Farm or Farmers agent. Exclusive agents are unable to provide rates from more than one company, so they have no alternatives for high prices.

When you buy insurance direct, you forego an independent or exclusive agent and buy direct from companies such as Progressive or Esurance. Buying insurance direct can be a good choice for people who have little risk and have a good understanding of how insurance works and possible exclusions.

So comparing independent agents, exclusive agents, and direct, which one works best to buy cheap auto insurance for young drivers in Georgia? Most drivers assume that shopping direct saves money since there isn’t an agent involved, but that is not always the case. A good argument could also be made that an independent agency results in the cheapest rates since they can provide multiple quotes, but that assumption is not true either. And sometimes, exclusive agents have coverage prices well below independent agents AND direct companies.

Since insurance companies use so many rating factors, really the only way to ensure you are not overpaying is to get quotes and compare the rates. The best approach is to get quotes from all three types to have a good selection of rates to choose from. For a list of companies with some of the cheapest Georgia insurance rates, click here to view.