For veterans, one of the largest considerations that are used to help calculate the cost of insurance is where your residence is. Areas with increased crime or more people are more likely to have higher rates, whereas more rural areas benefit from lower coverage costs.
The table below sorts the highest-priced areas in Georgia for veterans in which to purchase auto insurance. Atlanta is listed at #2 costing $1,419 for the average policyholder, which is approximately $118 per month.
| Rank | City | Premium Per Year |
|---|---|---|
| 1 | East Point | $1,480 |
| 2 | Atlanta | $1,419 |
| 3 | North Atlanta | $1,310 |
| 4 | Dunwoody | $1,307 |
| 5 | Smyrna | $1,292 |
| 6 | Marietta | $1,291 |
| 7 | Alpharetta | $1,284 |
| 8 | Sandy Springs | $1,268 |
| 9 | Roswell | $1,259 |
| 10 | Mableton | $1,254 |
| 11 | Columbus | $1,243 |
| 12 | Macon | $1,241 |
| 13 | Rome | $1,206 |
| 14 | Peachtree City | $1,204 |
| 15 | Savannah | $1,203 |
| 16 | Gainesville | $1,196 |
| 17 | Augusta | $1,173 |
| 18 | Warner Robins | $1,161 |
| 19 | Albany | $1,154 |
| 20 | Hinesville | $1,145 |
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Annual rates are comparative as the vehicle garaging location can change insurance rates substantially.
The type of vehicle to be insured is a large factor when comparison shopping for the most economical coverage for veterans. Vehicles with more horsepower, poor crash test ratings, or an increased likelihood of liability claims will cost more to insure than safer models. The table below showcases auto insurance prices for a number of the most affordable automobiles to buy coverage for.
| Make, Model, and Trim Level | Estimated Cost for Full Coverage |
|---|---|
| Hyundai Elantra GLS Touring Station Wagon | $1,448 |
| Honda CR-V EX 4WD | $1,481 |
| Honda Accord LX 4-Dr Sedan | $1,584 |
| Ford Escape XLT 4WD | $1,679 |
| Ford Edge SEL 2WD | $1,682 |
| Toyota Camry LE | $1,714 |
| Ford Explorer Limited 2WD | $1,747 |
| Toyota Prius | $1,763 |
| Ford Focus SEL 4-Dr Sedan | $1,774 |
| Chevrolet Impala LS | $1,836 |
| Kia Optima LX | $1,844 |
| Dodge Grand Caravan Hero | $1,874 |
| Toyota Tacoma 2WD | $1,891 |
| Volkswagen Jetta 2.0T Station Wagon | $1,901 |
| Chevrolet Equinox LT 2WD | $1,934 |
| Toyota RAV4 Sport 2WD | $1,944 |
| Toyota Camry Hybrid | $1,961 |
| Find Cheaper Rates Go | |
Data based on single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Georgia minimum liability limits. Discounts applied include multi-policy, claim-free, multi-vehicle, safe-driver, and homeowner. Rate quotes do not factor in the specific area where the vehicle is garaged which can modify price quotes noticeably.
Looking at the data, you can assume that makes and models like the Hyundai Elantra, Honda CR-V, Honda Accord, Ford Escape, and Ford Edge are likely to be the cheapest vehicles to insure for veterans.
Buying coverage from a high-quality insurance provider is difficult considering how many different companies sell coverage in Atlanta. The company ratings below can help you analyze which auto insurance companies to look at when looking for cheaper rates.
These ratings only include companies with a national presence, so smaller companies that only insure vehicles in Georgia are not factored into this list. If you wish to compare rates from these companies and more, just click here.
| Company | Value | Customer Service | Claims | Customer Satisfaction | A.M Best Rating | Overall Score |
|---|---|---|---|---|---|---|
| Travelers | 93 | 98 | 99 | 88% | A++ | 95.1 |
| USAA | 83 | 99 | 100 | 91% | A++ | 94.1 |
| Mercury Insurance | 97 | 96 | 88 | 89% | A+ | 93.4 |
| AAA Insurance | 91 | 95 | 92 | 90% | A | 93.3 |
| Nationwide | 85 | 95 | 97 | 89% | A+ | 92.4 |
| Allstate | 77 | 100 | 97 | 88% | A+ | 90.7 |
| State Farm | 80 | 94 | 96 | 88% | A++ | 90.6 |
| The Hartford | 88 | 93 | 91 | 87% | A+ | 90.4 |
| Safeco Insurance | 91 | 95 | 85 | 88% | A | 90.2 |
| Progressive | 88 | 94 | 83 | 88% | A+ | 90.1 |
| American Family | 91 | 86 | 95 | 83% | A | 89.7 |
| Esurance | 86 | 90 | 94 | 90% | A+ | 89.5 |
| The General | 86 | 93 | 89 | 84% | A- | 88.2 |
| GEICO | 79 | 89 | 95 | 87% | A++ | 87.8 |
| Titan Insurance | 86 | 82 | 92 | 86% | A+ | 86.5 |
| Compare Rates Now Go | ||||||
Data Source: Insure.com Best Car Insurance Companies
Does it make sense to buy full coverage?
Saving on insurance is important to the majority of drivers, and one of the easiest ways to pay less for insurance for veterans is to only buy liability coverage. The chart below shows the comparison of annual premium costs with full coverage and liability only. The data is based on no violations or claims, $250 deductibles, drivers are single, and no discounts are applied to the premium.
If we average all the age groups together, full coverage costs $2,063 per year over liability only. At some point, almost every driver questions when is it safe to stop buying full coverage. There is no exact formula that works best for making the decision to drop comprehensive and collision coverage on your policy, but there is a general guideline you can use. If the annual cost of coverage is 10% or more of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.
For example, let’s pretend your vehicle’s settlement value is $5,000 and you have $1,000 deductibles. If your vehicle is destroyed, you would only receive $4,000 after paying your policy deductible. If premium cost is more than $400 a year for full coverage, then you might want to think about dropping full coverage.
How to find budget-friendly car insurance for veterans
The list below details a few thrifty ideas that can help drivers get cheaper car insurance.
- Don’t have frequent claims
- Safe vehicles generally have lower rates
- Be a safe driver
- Clean up your credit rating
- Maintain a safe distance and avoid accidents
- Shop around and save
The last tip in the list is extraordinarily crucial, as was emphasized in the prior article. Car insurance rates can be adjusted at any time, so don’t hesitate to change to a new company if a better deal can be had.
Having brand loyalty is commendable, but is isn’t recommended if that loyalty ends up costing a small fortune year after year. It only take a few minutes to shop around to find cheaper auto insurance for veterans in Atlanta.
If you have questions and prefer to get some guidance when comparing insurance rates for veterans, the professional agents shown below are a good start to help you determine which auto insurance policy fits you best. To find an Atlanta insurance agent by location nearest to you, click the button below the list or click here to compare prices now.
- Access General Agency Inc
1627 Peachtree St NE – Atlanta, GA 30309 – (404) 817-9744 - Carter Nicholson – State Farm Insurance Agent
3040 Briarcliff Rd NE c – Atlanta, GA 30329 – (404) 748-9739 - Barry Domangue – State Farm Insurance Agent
1355 Peachtree St NE Ste 103 – Atlanta, GA 30309 – (404) 853-3772 - Dana Shivalier – State Farm Insurance Agent
1544 Piedmont Ave NE #107 – Atlanta, GA 30324 – (404) 892-0101 - Cleo Meyer – State Farm Insurance Agent
1776 Peachtree St NE #346s – Atlanta, GA 30309 – (404) 817-0960