Getting the Best Value for Your Auto Insurance Needs
Georgia drivers must carry minimum auto insurance coverage to comply with state laws. These requirements are in place to ensure that there is a basic level of protection to cover costs associated with third-party property damage and bodily injuries after an accident. Having appropriate auto insurance can help safeguard your financial stability.
Your agent may recommend starting with the following required policies:
- Bodily injury liability may help costs related to injuries that you, as the driver, might cause to someone else.
- Property damage liability may help cover the damage your vehicle causes to someone else’s property.
Liability coverage is designed to help provide financial protection against third-party damages in an accident where you are at fault. They do not cover damage to your vehicle or your injuries. Liability insurance pays only up to the policy’s limits.
Considering Comprehensive and Collision Coverage
While adhering to the minimum requirements is crucial, additional coverage is often beneficial. Comprehensive and collision coverage may help cover the cost of repairs or replacement of your vehicle in various situations, such as accidents, theft or natural disasters.
If you have a car loan or lease your vehicle, your lienholder likely requires full coverage auto insurance, including comprehensive and collision coverage.
Factors Influencing Auto Insurance Rates in Georgia
Several factors can affect your insurance rates, including but not limited to:
- Your driving record—Safer drivers may receive better rates.
- The make, model and value of your vehicle—Some cars are more expensive to insure.
- Your chosen coverages and deductibles—The more coverage you select, the higher the premium, but this also means potentially less out-of-pocket expenses in case of an accident.
Maximizing Value—Discounts and Policy Review
Insurance companies often offer discounts that can lower your premiums. These may include safe driver discounts, multi-policy discounts and more. Regularly reviewing your policy ensures that your coverage meets your changing needs, and you take advantage of any available discounts. Your agent can help you identify auto insurance discounts that may apply to your situation.
For personalized advice and to explore options that cater to your specific needs, contact Kris D Rogers & Associates in Woodstock , Georgia. Our team is here to help you understand your insurance options and find a policy that aligns with your requirements and budget.
This blog is intended for informational and educational use only. It is not exhaustive and should not be construed as legal advice. Please contact your insurance professional for further information.