Car insurance by age in Georgia
Car insurance by age in Georgia
Written by Elizabeth Rivelli
Written by Katie Dee
Edited by Alyssa DiCrasto
Read time: 3 min
Car insurance is a legal requirement for all vehicle owners in Georgia. However, the cost of auto insurance in the Peach State is different for every driver. Car insurance companies consider lots of criteria to calculate your unique premium, and your age is one of the most notable factors.
If you’re in the market for car insurance, it’s helpful to understand how age can impact the cost of your coverage. In this guide, we’ll look at age and car insurance in Georgia, and share how car insurance premiums can change at different points in your life.
How age impacts car insurance rates in Georgia
Age is one of the biggest factors that can affect the cost of car insurance in Georgia. In general, young drivers pay the most expensive rates and middle-aged adults pay the lowest rates. The average cost of car insurance is correlated to driving experience and risk levels, which is why newly licensed drivers often pay the highest rates.
As drivers get older, their car insurance premiums usually start to drop, assuming they maintain a good driving record and clean claim history. If you have a complicated driving history or have filed multiple claims in a short period, your car insurance premium could increase as you get older. Once claims and traffic violations fall off your record, rates should decrease once again.
While age is one of the most important factors that can affect car insurance rates in Georgia, there are many other factors that are also used to calculate your premium. To find the most affordable car insurance for your situation, it’s a good idea to compare rates. You can find cheap car insurance in Georgia using our online quote comparison tool.
Car insurance for teens in Georgia
Car insurance for teens in Georgia is typically very expensive. The average cost of car insurance for a teen driver in Georgia on their own policy is $7,401 per year. That’s 118% higher than the statewide average cost of car insurance in Georgia.
Teen drivers in Georgia pay extremely high car insurance premiums because they lack experience on the road. Newly licensed drivers are the riskiest to insure because they are more likely to make critical driving errors that can lead to serious collisions.
Data from the Centers for Disease Control and Prevention (CDC) finds that drivers between the ages of 16-19 have a higher accident rate than drivers in any other age group. To offset the increased likelihood of a claim, insurers charge higher rates for young drivers.
Adding a teenager to your policy in Georgia
If you are the parent or guardian of a teen driver and you want to add them to your policy, you will most likely see your car insurance premium go up. Based on our recent rate data, the average cost of adding a teen driver to an existing car insurance policy in Georgia is $9,917 per year.
As the teen gets older and gains experience behind the wheel, your premium should decrease slightly. For example, you will likely see a bigger rate increase when you insure a 16-year-old driver and a smaller increase when you insure a 19-year-old driver.
To offset the rate hike when adding a teen driver to your policy, it’s important to take advantage of discounts, such as good student discounts, defensive driver discounts, or payment-related discounts. Some insurers also offer telematics programs that track driving behavior and reward safe drivers with more affordable premiums.
Car insurance for adults in Georgia
Adult drivers usually pay the lowest car insurance rates in Georgia. Our recent rate data shows that the average cost of car insurance for a 35-year-old in Georgia is $1,642 per year. That’s about 14% less than the statewide average for all drivers, which is $1,884 per year.
However, there are many factors that can affect car insurance rates for adult drivers in Georgia. For example, adult drivers who have a poor credit score will probably pay more than average for car insurance. Similarly, drivers who live in Atlanta or other urban areas will likely pay higher rates than drivers who live in more rural parts of the state.
Car insurance for seniors in Georgia
It’s common for senior drivers in Georgia to pay slightly higher car insurance rates than middle-aged adults. As drivers get older, they are more likely to have impairments that can lead to driving errors and collisions. Due to the increased risk of insuring older drivers, insurance companies often charge higher rates for seniors.
As with middle-aged adults, keep in mind that the cost of car insurance for seniors in Georgia depends on many factors besides age. Some of the ways that senior drivers can lower their premium include taking a defensive driving course, bundling policies, maintaining a clean driving record, insuring a car with advanced safety features, and paying in full.
FAQs
What age does car insurance go down in Georgia?
For most drivers in Georgia, car insurance rates start to go down around age 25. After this point, car insurance premiums usually decrease steadily over time, assuming the driver maintains a clean record and has no recent claims.
What is the cheapest car insurance in Georgia for seniors?
There isn’t a single cheapest car insurance company for senior drivers in Georgia. The cost of car insurance is personalized to each driver depending on factors like ZIP code, credit score, vehicle type, driving history, policy limits, and more. Seniors should compare rates from multiple different insurers to find the cheapest policy for their situation.
What is the average car insurance in Georgia?
The average cost of full coverage car insurance for all drivers in Georgia is $1,884 per year, or about $98 per month. To compare, the U.S. national average car insurance premium is $2,049 per year. However, keep in mind that car insurance rates are different for everyone, so your premium could be higher or lower than average depending on your driver profile, vehicle, and coverage needs.
How can I lower my car insurance in Georgia?
There are a variety of ways to lower your car insurance premium in Georgia. Many insurance companies offer discounts that can reduce your rate. Choosing a higher deductible can also lead to lower monthly payments. Having a good credit score and avoiding accidents and traffic violations will help you maintain a low rate overtime.
Frequently asked
How does the insurance company determine my rate?
Car insurance companies determine how much they charge you based on your driver profile. Factors that can impact your rates include:
- Demographics – your age, home ownership, credit score, and more
- Your driving history – how long you’ve been driving, traffic violations, and more
- Your car – make, model, and year
- Where you live – state and zip code
- How much coverage you want
Read more about the factors that impact your car insurance rate
How do I switch my car insurance?
Switching your car insurance is easy, even if you are in the middle of your current policy.
Here are some helpful tips to consider to switch your car insurance:
- Decide what coverage you want with your next policy
- Check if your current provider charges cancellation penalties or fees
- Compare prices from at least 3-5 insurance companies (Rate Retriever makes this easy, giving you personalized rates from the top companies near you)
- Get a final quote from at least one of your choices
- Cancel your current policy once your new one begins
How much car insurance do I need?
The answer to this question depends on where you live and what you would like to cover.
Each state has its own minimum requirements on the type and amount of insurance needed. When you’re trying to determine what and how much car insurance you need, you can start by reviewing your state’s requirements.
Find out what’s required in your state
Once you review your state’s minimum requirements, you may find that you want additional coverage. For example, sometimes owners of new cars want comprehensive coverage to insure their car from natural disasters and vandalism, even though comprehensive coverage isn’t required by their state. To figure out what insurance you want, you can review the different types of insurance to decide what makes the most sense for your situation.
How is Rate Retriever different than other insurance websites?
The biggest difference between Rate Retriever and other comparison sites is that we are a free and impartial research tool NOT an insurance marketplace. This means you can’t purchase a policy directly through RateRetriever.com, but you can use our tool to independently research your options and seamlessly connect with the provider you choose.
Unlike other insurance comparison sites, we:
- Use third-party data to give you more accurate rate estimates instead of inaccurate, suspiciously low quotes to get you in the door
- Do not limit your list of results to paid advertisers
- Do not collect your email or phone number before we let you see your results
- Give you results after just five questions (however, your results will be more accurate if you complete your profile)
We like to think that Rate Retriever is your insurance companion, not just another insurance comparison site. Our values guide everything we do, which is why we strive to offer transparent, trustworthy insurance tools.
How can I get cheaper car insurance?
There are many ways you can try to get cheaper car insurance. The first is simply to get quotes from multiple providers. This will help you determine if you’re currently receiving the cheapest rates based on your needs and driver profile. Rate Retriever makes the comparison process easy.
Sometimes, the reason your car insurance is so expensive is due to your driver profile. For example, drivers under 20 years old usually pay more for insurance than more experienced drivers, and drivers with a recent at-fault accident or traffic violation typically pay more.
There are ways to lower the cost of your insurance such as taking a defensive driving course. Check with your provider to see if there are any discounts you qualify for or can reasonably earn.
How does Rate Retriever make money?
Rate Retriever works with national and local insurance providers to provide our users with a seamless insurance shopping experience. We may earn a commission from our insurance provider partners when you click on a link, call, or purchase a policy from one of the providers listed on our site. That said, we’re committed to providing you with accurate, bias-free information, and we do not allow our partnerships to limit the results or influence the information we share with you.
We do not sell your personal information, charge you for using our tools, or sell you insurance policies. Additionally, should you choose to purchase a policy from one of our partners, the price you pay will not be adversely affected.
