Who Has The Cheapest Georgia Car Insurance Rates?
Since 1990, Georgia car insurance has been among the cheapest of in the entire country, and the residents of that state have enjoyed their relatively low premiums, especially after the rapid rate doubling of the eighties. In 1989, they had finally gotten fed up with the rising rates and had called for reform. The insurance commissioner of the time got replaced with a different one, who was given the power to decide when car insurance companies could or could not raise their rates. And then the rates just dropped.
Now, some folks in Georgia are wondering if those good times have come to an end. A part time insurance agent, part time state representative has proposed another reform to the state’s insurance law which will actually reform it back to where it was before, with the commissioner not having the power to approve car insurance rate raises before the companies get to make them. The companies will be able to raise rates on their own.
The representative and his supporters say that this proposal will do well for Georgia’s economy. They say it will make car insurance companies more competitive, and will probably end up pushing the rates even lower. And, they say, if all else fails, the commissioner may not be able to approve rate increases, but he can still veto them after the fact.
However, opponents say that the rates would not go down if this proposal went forward. Everyone with a car has to have car insurance in Georgia, so these companies would be able to charge whatever they felt like because the customers don’t really have a choice. They say that the companies are only looking for a reason to get to raise the prices, and the way things are going now are just fine.
Cheers,
Fashun Guadarrama.
Where Can I Find Free Auto Insurance Coverage?
Reader question:
When I get car insurance for my vehicle, who will be covered?
Mark
Great question.
More people than you think. The great thing about most auto insurance policies is that they are surprisingly flexible. In most cases, if you get auto insurance coverage for yourself and your car, you will also be covered for your family members such as a spouse or teenager. However, if you want those people to still be covered while driving another car, then you will have to actually add their name and car to the policy. This can be even cheaper in the long run, because more people and more vehicles on your policy take your rates down–except, admittedly, in the instance of the teenager.
Your car insurance policy will also cover anybody who drives your car with your permission. So if you let a friend or relative take a ride and they get into an accident, then you can still make a claim. However, the deductible and the ramifications of an at fault accident and all of that, rate increases, and so on, will be on you, even if it wasn’t you in the car. They are also covered even if you did not expressly give them your permission. However, if you did not give permission, then you will not be held liable.
Cheers,
Fashun Guadarrama.
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