Is car insurance in Georgia high?

Does Georgia have high car insurance?

The average car insurance rates in Georgia are slightly higher than other states, costing about 3% above the national average. This is a difference of about $41 a year. These rates are all based on our study data, and may not be indicative of what an individual might actually pay.

Is insurance expensive in Georgia?

Auto insurance is typically inexpensive in Georgia. The average car insurance cost in Georgia is $1,388 per year — less than the nationwide average by 2.8%. But car insurance premiums are affected by factors other than state lines.

Why are insurance rates so high in Georgia?

Car insurance in Georgia is expensive because the state has some of the most accident-prone highways in the country. Georgia also gave insurance companies the right to raise premiums without the approval of the state insurance commissioner, which has caused rate hikes.

Is car insurance cheaper in FL or GA?

You should expect to pay less for auto insurance in Georgia than you did in Florida. The usual annual car insurance rate in Georgia is $364 less expensive than the average cost in Florida. The exact cost will vary, depending on your coverage, driving and insurance history, and your auto insurance company.

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How much does car insurance cost in Georgia per month?

Car insurance in Georgia costs $91 per month, on average, or $1,095 per year. The average cost of car insurance in Georgia is 52% higher than the national average auto insurance premium, and Georgia ranks 44 out of 50 for the most affordable car insurance rates in the U.S.

What is the average cost of renters insurance in Georgia?

The average price of renters insurance in Georgia is $25 per month, but we found a substantial difference among companies. The cheapest insurer we looked at, State Farm is 41% less expensive than the highest priced insurer. That means you can save up to $172 per year by switching providers.

How much car insurance do I need in GA?

Required Minimum Georgia Auto Insurance Coverage

Bodily injury liability: $25,000 per person and $50,000 per accident. Property damage liability: $25,000 per accident.

What is the average water bill in Georgia?

Utility costs vary greatly by state. The most expensive utility bills can be found in Alaska, with an average cost of $496 per month.

Water Prices By State 2021.

State Georgia
Avg. Total Utilities $349
Electric $132
Internet $30
Nat. Gas $118

How much is the average electric bill in Georgia?

According to a 2017 report from the U.S. Energy Information Administration (EIA), the average monthly energy bill in Georgia is $126.38. That’s $14.71 above the national average of $111.67.

What is the average homeowners insurance cost in Georgia?

The average cost of homeowners insurance in Georgia is $1,376 per year, or about $115 per month, for $250,000 in dwelling coverage, according to Bankrate’s 2021 study of quoted annual premiums.

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How much does the average person spend on life insurance per month?

The average cost of life insurance is $27 a month. This is based on data provided by Quotacy for a 40-year-old buying a 20-year, $500,000 term life policy, which is the most common term length and amount sold.