The words “cheap” and “insurance” really shouldn’t be used together, specifically when you are trying to find the best car insurance for a learners permit. To help control this cost, let’s get started by showing you some of the factors that have an effect on auto insurance rates, and come up with some ways to reduce the price of your next policy.
Establishing which company offers the cheapest insurance rates for a learners permit will take a little more work in order to find the lowest price. Every insurance provider has a proprietary formula to determine rates, so we will examine the insurance companies that tend to have lower prices in Georgia.
We do need to point out that Atlanta insurance rates are determined by lots of factors that may substantially change the cost of a policy. Simply having a birthday, having a teenage driver, or getting a speeding ticket may generate price changes that may make certain companies cheaper than competitors.
Best Auto Insurance Prices in Georgia
| Rank | Company | Cost Per Year |
|---|---|---|
| 1 | Auto-Owners | $864 |
| 2 | The Hartford | $922 |
| 3 | USAA | $968 |
| 4 | Central Mutual | $1,169 |
| 5 | Georgia Farm Bureau | $1,260 |
| 6 | MetLife | $1,276 |
| 7 | Travelers | $1,292 |
| 8 | Safeco | $1,397 |
| 9 | Allied | $1,409 |
| 10 | Mercury | $1,411 |
| 11 | State Farm | $1,432 |
| 12 | Country | $1,433 |
| 13 | California Casualty | $1,515 |
| 14 | Encompass | $1,689 |
| 15 | Progressive | $1,791 |
| 16 | Nationwide | $1,827 |
| 17 | Liberty Mutual | $2,004 |
| 18 | Allstate | $2,202 |
| 19 | GEICO | $2,231 |
| 20 | Victoria | $2,559 |
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Auto-Owners offers some of the most affordable car insurance rates in Atlanta at around $864 annually. This is $665 less than the average policy premium paid by Georgia drivers of $1,529. The Hartford, USAA, Central Mutual, and Georgia Farm Bureau also qualify as some of the cheapest Atlanta, GA car insurance companies.
As the rates illustrate above, if you are a policyholder with The Hartford and switched to Auto-Owners, you could see savings of around $58. Georgia drivers with USAA might save as much as $104 a year, and Central Mutual customers might lower prices by up to $305 a year.
To find the cheapest rates for your vehicle, click here to start a quote or feel free to get quotes from the companies below.
Bear in mind that those premiums are averages across all types of insureds and vehicles and and are not calculated with a vehicle location for a learners permit. So the auto insurance company that fits your situation best may not even be in the list above. That emphasizes why you need to quote rates from many companies using your own driver information and specific vehicle type.
For new drivers, one of the big factors that determine the price you pay for insurance is where you choose to live. Regions with larger populations or more claims tend to pay slightly more, whereas areas with less congestion have the luxury of lower rates.
The next table lists the most costly cities in Georgia for a learners permit to purchase car insurance in. Atlanta is listed at #2 with an annual rate of $1,405 for car insurance, which is about $117 per month.
| Rank | City | Average Per Year |
|---|---|---|
| 1 | East Point | $1,450 |
| 2 | Atlanta | $1,405 |
| 3 | North Atlanta | $1,349 |
| 4 | Mableton | $1,293 |
| 5 | Smyrna | $1,280 |
| 6 | Marietta | $1,279 |
| 7 | Alpharetta | $1,272 |
| 8 | Dunwoody | $1,268 |
| 9 | Roswell | $1,259 |
| 10 | Sandy Springs | $1,242 |
| 11 | Macon | $1,241 |
| 12 | Gainesville | $1,232 |
| 13 | Columbus | $1,219 |
| 14 | Peachtree City | $1,204 |
| 15 | Savannah | $1,191 |
| 16 | Augusta | $1,185 |
| 17 | Athens | $1,170 |
| 18 | Rome | $1,170 |
| 19 | Warner Robins | $1,161 |
| 20 | Hinesville | $1,157 |
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Rates are estimated as specific Atlanta zip code can modify price quotes noticeably.
Choosing a high-quality insurance provider can be rather challenging considering how many companies provide coverage in Georgia. The company ratings shown next could help you decide which auto insurers to look at when shopping your coverage around.
These ratings are for large, nationwide insurance companies, so companies that only write business in Georgia or surrounding areas are not taken into consideration for this list. To compare rates from these and other competitive companies, simply click here.
Top 10 Major Auto Insurance Companies Overall in Atlanta
- Travelers
- USAA
- Mercury Insurance
- AAA Insurance
- Nationwide
- Allstate
- State Farm
- The Hartford
- Safeco Insurance
- Progressive
Rate increases following a ticket or accident
The obvious way to score affordable insurance rates in Georgia for new drivers is to be a careful driver and avoid traffic citations and accidents. The information below shows how traffic citations and at-fault collisions can increase annual premium costs for each age group. The rates are based on a married female driver, full physical damage coverage, $100 deductibles, and no additional discounts are factored in.
The data above shows the average cost of a car insurance policy in Georgia per year with no accidents and a clean driving record is $2,314. Factor in two speeding tickets and the average cost hikes up to $3,305, an increase of $991 each year. Now add in one accident along with the two speeding tickets and the 12-month cost of insurance for a learners permit increases to an average of $4,323. That’s an increase of $2,008, or $167 per month, just for not driving attentively!
Comparison of full coverage and liability-only policies
Paying a lower price for insurance is probably important to most vehicle owners, and a good way to buy cheap insurance for a learners permit is to buy liability only. The illustration below shows the comparison of insurance costs with and without full coverage. The data is based on no violations or accidents, $100 deductibles, marital status is single, and no discounts are factored in.
As an average for all age groups, full coverage on your policy costs an extra $3,016 per year more than just buying liability insurance. At some point, every insured wonders when is the right time to remove full coverage. There is no set rule of when to drop comprehensive and collision coverage on your policy, but there is a general convention. If the annual cost of coverage is more than about 10% of the settlement you would receive from your company, then it could be time to drop full coverage.
You are probably paying too much for car insurance
Atlanta, GA insurance rates are based on many factors that will increase or decrease your annual premium. Simply having a birthday, getting married, or getting a reckless driving citation can cause premium changes resulting in some companies being more affordable than others. In addition, car insurance companies change their prices multiple times each year in order to offset underwriting gains or losses. An unexpected high level of claims can cause higher priced premiums, while a better claims history can result in cheaper Atlanta car insurance rates.
As an example, the bar chart below analyzes the cheapest car insurance in Atlanta, GA for a 45-year-old male driver with no accidents, a clean driving record, and good financial standing. When comparing rates based on his current risk profile, Auto-Owners may offer the most affordable car insurance rates in Atlanta at $1,172 a year. This is $357 less than the average rate paid by Georgia drivers of $1,529. The Hartford, USAA, Central Mutual, and MetLife are the rest of the most affordable Atlanta, GA auto insurance companies.
Now we will give the driver in the first example a claim or two, poor credit, and an imperfect driving record. Since each auto insurer uses their own method to determine rates, getting updated rate quotes may now present a different list of the cheapest companies as shown below.
The Hartford now has the cheapest car insurance in Atlanta, GA with Georgia Farm Bureau, Safeco, Mercury, and USAA now being in the top five. This example demonstrates why it is so important to perform an extensive rate comparison to get the most economical auto insurance quotes for a learners permit.
Prices can be determined by many different factors and change dramatically, so the most economical company the last time you checked may now be quite expensive.