Best Cheap Car Insurance Quotes for Retired Military in Georgia

The type of vehicle you are insuring is one of the primary factors that determines whether or not you can buy the best cheap auto insurance for retired military in Georgia. Vehicles with higher performance characteristics, poor crash test ratings, or a track record of large liability claims will cost substantially more to insure than more modest models. The data below presents coverage premiums for some of the most budget-friendly vehicles to insure in Georgia.

Prices above based on married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and Georgia minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Rates do not factor in zip code location which can affect auto insurance rates significantly.

Based on these rates, we can infer that cars like the Honda Accord, Ford Escape, Honda CR-V, Toyota Sienna, and Chevrolet Malibu are a few of the cheapest vehicles to insure for veterans.

Deciding which companies have the most affordable insurance rates for retired military requires more work in order to find the most economical policy. Every auto insurer has a different process to set premium rates, so to begin we’ll rank the insurance companies with the overall cheapest rates in Georgia.

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Auto-Owners normally has some of the best car insurance rates in Georgia at around $839 a year. The Hartford, USAA, Central Mutual, and Georgia Farm Bureau also make the cut as some of the more affordable Georgia auto insurance companies.

As shown in the table above, if you have coverage with USAA and switched to Auto-Owners, you might realize yearly savings of in the neighborhood of $159. Policyholders with Central Mutual might save as much as $366 a year, and Georgia Farm Bureau customers might cut rates by $434 a year.

To get a fast rate comparison, click here to start a quote or click several companies below for low rates.

Bear in mind that those premiums are averages across all insureds and vehicles and do not factor in a rate decrease for retired military. So the company that can offer you the best rate may not even be shown in the company chart above. That is why you need to compare rates from multiple companies using your own personalized driver profile and vehicle information.

Finding a good quality insurer can be a challenge considering how many companies are available to choose from in Georgia. The company ratings listed below may help you pick which car insurance companies you want to consider when shopping your coverage around. The rankings below are for companies that insure vehicles nationwide, so companies that have a smaller presence will not be included in this list.

Top 10 Major Auto Insurance Companies Overall in Georgia

1. Travelers
2. USAA
3. Mercury Insurance
4. AAA Insurance
5. Nationwide
6. Allstate
7. State Farm
8. The Hartford
9. Safeco Insurance
10. Progressive

Top 10 Major Auto Insurance Companies in Georgia Ranked by Value

1. Mercury Insurance
2. Travelers
3. Safeco Insurance
4. American Family
5. AAA Insurance
6. The Hartford
7. Progressive
8. The General
9. Titan Insurance
10. Esurance

Difference between liability only and full coverage rates

Finding the best cheap auto insurance for retired military in Georgia is important to the majority of people, and one good way to pay less for insurance is to only buy liability coverage. The example below visualizes the comparison of annual premium costs with and without full coverage. The costs are based on no claims, a clean driving record, $1,000 deductibles, marital status is single, and no policy discounts are applied.

If the expense is averaged for all age categories, physical damage coverage on your policy costs $2,199 per year over and above liability only. That is a significant amount which raises the question if paying for full coverage is worth it. There is no set guideline of when to eliminate comp and collision coverage, but there is a general school of thought. If the annual cost of your full coverage insurance is more than around 10% of the settlement you would receive from your company, then you might want to think about dropping full coverage.

There are a few cases where eliminating full coverage is not in your best interest. If you have an outstanding loan on your vehicle, you have to maintain full coverage as part of the loan requirements. Also, if you don’t have enough money to buy a different vehicle in the even your car is totaled, you should maintain full coverage.

Progressive, Allstate, State Farm, and Geico compared

When buying auto insurance for veterans in Georgia, four good companies to start with are Progressive, Allstate, State Farm, and Geico. Each company has different options that policyholders can choose from. The data below illustrates some of the different options and features that are available from each company.