By January 20, 2007 0 Comments Read More →

Georgia Auto Insurance

Lately, we’ve seen an increase in people looking for Georgia auto insurance. I don’t know if it is because Atlanta is booming, or if you guys are just getting smart about shopping for insurance online and comparing rates often, but I thought it would be a great time to give you some tips on saving money on your next Georgia auto insurance policy.

First of all, if you are looking for the best insurance rates, choose the car you buy carefully. If you buy a vehicle that’s more popular with car thieves, your premium will be higher. The same goes for expensive cars that cost a fortune to repair. And make sure that you get the discounts usually given for security features if you’ve got them.

Once you’ve got the best car, be a good driver. This means driving carefully and defensively, obeying traffic laws and adhering to rules of the road. Wear your seat belt and don’t use your cell phone while driving. Don’t drink and drive. And insurance companies really don’t appreciate policy holders who smash up their cars, themselves, and others in crashes—don’t do that either. Your Georgia auto insurance rates will go up in direct relation to your traffic ticket quotient, so if you get a ticket, take defensive driving if possible to keep it off your record. And make sure to send the certificate in to your insurance company. Most will give you a discount for having completed the course.

Shop diligently for Georgia auto insurance—it’s easy to do online. Check several companies and compare rates. Ask friends and coworkers what their rates are and make sure you’re not leaving any money on the table. Then do it again at least every two years.

Don’t pay for coverage you don’t need. As your car gets older, it may not be cost effective to have collision and comprehensive coverage because any claim you make would not substantially exceed your deductible or the annual premium. If you are a student without a lot of monetary assets, you probably don’t need to insure yourself for coverage above the required minimums. The same goes if you’ve recently divorced and have undergone a “restructuring of assets.” However, if you haven’t checked your coverage in several years and have been successfully building a nest egg, it might be time to review your policy to make sure you are adequately protected.

One of the best ways to save a bundle on Georgia auto insurance is to consider a higher deductible. This means you’ll contribute more toward the loss if you have an accident, but it will also mean a lower premium—often substantially lower. Put the money you save on premiums aside in an emergency fund—and there’s your deductible if you ever need it. 

Another great way to keep your insurance rates low is to make sure you always pay your premium on time. If you pay your premium by check or automatic withdrawals from your bank account, make sure you always have enough money to cover your payment. If you’re ever caught with insufficient funds, your premium is considered unpaid, and it could result in the cancellation of your automobile insurance policy. If your policy is cancelled for non-payment of premium more than twice, you’ll probably have to purchase automobile insurance all over again, and many companies may consider you high risk. This means that not only will you pay much more for your automobile insurance, but you may also be limiting your choices of companies who will write you a policy. Also, if you’ve had your insurance policy cancelled more than once over the past three years because you failed to pay your premium, insurance companies are not required to offer the option of monthly premium payments.

I hope this information has been helpful for all of you looking for Georgia auto insurance. Let me know if you have any further questions about shopping for the best insurance rates—an informed consumer is a smart consumer!

Have a great day,
Austin

Posted in: Auto Insurance

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