In Georgia, drivers have a choice between liability and comprehensive car insurance. Liability insurance will cover the expenses incurred in an accident, including the cost of repairs. Comprehensive car insurance plans will provide coverage for damages to your car as well as medical expenses. If you are in an accident without insurance, you could face large fines, jail time, or both.
However, this coverage is not cheap. You must consider your driving habits and where you live before settling for the lowest price. You might find a cheaper policy by opting for liability-only coverage. A full coverage policy can cost up to $1600 annually. However, if you are younger than 50, you may be able to get the same level of coverage for less money.
The cost of car insurance in Georgia depends on many factors, including the type of insurance you need, and your driving history. Some companies offer lower rates if you have a clean driving record and a good credit score. Others have lower rates if you combine comprehensive and collision coverage. The latter covers the cost of property damage in case you get into an accident.
Despite the lower rates, drivers in Georgia are still paying higher rates than those in other states. According to a study by Bankrate, the average cost of car insurance in Georgia is $2,009 for full coverage and $642 for minimum coverage. In addition to driving history, a driver's age and marital status all play a role in determining a car insurance premium. As a result, it's important to compare quotes and take advantage of discounts to lower your costs.
In addition to the minimum liability insurance required by law, you should opt for higher coverage. This can save you time and money in the long run. Carrying only the minimum coverage can put you and other drivers at risk. While Georgia has higher liability limits than other states, this doesn't guarantee that your insurance will provide adequate coverage. If you or someone in your vehicle is involved in a collision, medical expenses can quickly add up.
Number of cars per household
In most states, the gender of the driver is one of the primary factors used in calculating car insurance rates. However, in some states, it is not used at all. For instance, Massachusetts and Michigan do not rate cars by gender. In other states, men and women are rated similarly. The main difference is in the amount of risk the insurance company perceives.
In Georgia, the average household owns two cars, which is equal to the national average. However, a third of households own three or more vehicles. Furthermore, the average commute time for a worker in the state is longer than the national average. In fact, three percent of Georgia workers commute over 90 minutes. Even though carpool options are becoming more popular in the state, less than 10% of residents use them.
The cost of insurance depends on many factors, including the type of coverage. For instance, a person with a good credit score will pay less than someone with poor credit. In contrast, someone with a poor driving record will pay more for their insurance. Georgia car insurance rates also depend on the type of coverage, with high coverage resulting in higher costs.
Comparative negligence in Offerman car insurance
Comparative negligence is an important legal doctrine to understand if you're involved in an accident. Under the rule of modified comparative negligence, you can recover compensation from the other party if you were partly to blame for the accident. In Georgia, this doesn't mean you can't recover compensation, but it does mean that your compensation will be reduced if you were partly at fault.
Georgia law distinguishes between pure comparative negligence and modified comparative negligence. The latter refers to the percentage of fault that each party bears for the accident. Under Georgia law, this ratio does not exceed 50 percent. A car accident case that involves two parties may involve a large settlement because each party contributed a certain amount of fault.