Best Car Insurance For College Students In Georgia 2024

Finding the right car insurance at affordable rates for college students in Georgia can be difficult, especially when college students already have a record. 18% of speeding drivers who are involved in car accidents in Georgia have a previously recorded speeding conviction within the last 5 years.

These correlations mean that car insurance providers are more likely to increase rates significantly for college students who are inexperienced and have a record. Thankfully, there are things that can be done to help save money on insurance premiums.

Average Cost Of Car Insurance For College Students In Georgia – By City

Average Rates For 18 Year Old College Students In Georgia

Average Car Insurance Rates In Georgia For 19 Year Old College Students

Average Rates For 20 Year Old College Students In Georgia

Car Insurance Rates For 21 Year Old College Students In Georgia

Average Rates For 22 Year Old College Students In Georgia

Car Insurance Rates In Georgia For 23 Year Old College Students

Average Cost Of Car Insurance For 24 Year Old College Students In Georgia

Average Rates For 25 Year Old College Students In Georgia

Average Cost Of Car Insurance On Family Policy vs. Individual Policy

How Can College Students Save Money On Car Insurance In Georgia

Students in Georgia can save money on their car insurance by applying several types of discounts and investing in features or memberships that give even more.

Security And Safety Features

In 2021, Georgia experienced the largest number of traffic fatalities since 2006. 49% of those involved a driver who was engaged in risky driving behavior.

Risky behavior as well as drowsy driving is behind a startlingly high percentage of car accidents in Georgia with 54% of all drivers in traffic accidents confirmed of distracted driving and 64% of drowsy driving accidents occurring before 8:00 a.m.

Risky behavior, distracted driving, and drowsy driving all result in things like following too closely and having to slam on the brakes unexpectedly. Georgia college students can help reduce the risk of these accidents and subsequent injuries or fatalities by investing in vehicle safety and security improvements, particularly anti-lock brakes and airbags.

Doing so can reduce the cost of insurance premiums.

Affiliation Discounts

Members of certain affinity groups like sororities and fraternities as well as alumni associations can get a 3% discount on Georgia car insurance policies from Geico. Liberty Mutual provides special policy features to educators while other companies provide discounts to members of sororities and fraternities.

Used vs. New

When auto insurance companies see a new vehicle, especially those with a higher powered engine, they see a risk of speeding. This is particularly dangerous in Georgia where 78% of all speeding related crashes involved serious injuries and fatalities and 18% of all drivers received a speeding conviction annually.

To help avoid the higher costs associated with these risks of speeding and speed-related accidents, college students in Georgia should consider used vehicles.

Student Discounts

Students in Georgia can also utilize discounts for high academic performance, living at a distance and leaving the car at home, and maintaining a clean driving record.

Do College Students Need Their Own Insurance, or Can They Stay On A Parent’s?

College students in Georgia are likely to pay more for their car insurance with limited experience. There are several discounts available to students but the insurance requirements can typically be high, including collision and comprehensive coverage if the vehicle is being financed or least.

That said, whether or not a college student needs to take out their own policy is contingent upon car registration and residence.

Registration

If you are a college student and you have a vehicle that is registered under your name or a vehicle that you are leasing or financing, you will need to take out your own policy. By comparison, if you register your car under the name of your parents, you can typically stay under their policy.

Residence

If you keep the same address as your parents, you can usually stay on their insurance policy. This remains true for students who go to college out of state or far from home and temporarily live in an apartment or a dormitory as long as they maintain their parents’ home address as their permanent living address. As soon as you move out and you maintain your own residence and you keep your car at that residence, you may have to switch to your own policy.

Common Auto Insurance Claims In Georgia

There are four primary types of auto insurance claims in Georgia, which include the following:

• Comprehensive Claims (2.81 incidents per 100 vehicle years)
• Collision Claims (5.8 incidents per 100 vehicle years)
• Property Damage Claims (3.36 incidents per 100 vehicle years)
• Bodily Injury Claims (0.95 incidents per 100 vehicle years)

In Georgia some of the most common claims are for collision damage followed by comprehensive coverage from damage caused by severe weather, vandalism, or theft. Other common auto insurance claims in Georgia are damaged to a parked vehicle, theft, and personal injuries sustained in a car accident.

Temporary Car Insurance

Though not all car insurance companies offer temporary policies, this option can be perfect for college students who won’t be driving often.

Typically, temporary auto insurance policies offer six-month coverage, allowing customers to cancel after the period ends. This is beneficial for college students who don’t need extra coverage during the school year or those studying abroad for a semester.

Try Usage-Based Car Insurance

Like telematics, usage-based car insurance monitors driving habits, but it includes another element that is particularly attractive to college students.

Usage-based car insurance provides discounts and lower premiums when you drive fewer miles each year. These “Pay-Per-Mile” plans are an effective way to get affordable coverage if your car spends most of the school year in the dorm lot or at home.

Telematics Car Insurance For College Students

As a college student, it’s important to explore creative ways to save on car insurance. Telematics offers one of the most effective options for lowering your monthly premium.

Insurance companies use telematics devices to track how you drive. If you drive safely, you’ll enjoy better rates and are more likely to qualify for discounts as a safe driver.

How To Get Discounts in Georgia

As a college student facing high insurance costs, you can get discounts in several ways.

1. First, compare new policies and see if new policies might offer access to new insurance-based discounts.
2. Second, ask your current insurance provider about any discounts they might be able to apply that you may not have on your policy at present.
3. Third, ask other affiliations or organizations that you are a part of whether they give discounts, like military discounts or alumni program discounts.

Each auto insurance company in Georgia provides different options and some of the best options come from carrier provided discounts for having multiple vehicles or Insurance products under the same policy, keeping good grades, and utilizing things like paying for your policy annually instead of monthly.

Georgia Car Insurance Laws

Georgia requires that all drivers maintain liability insurance at $25,000 per person and $50,000 per incident as well as $25,000 for property damage. Georgia state law does not require that physical damage coverage be purchased, however, if you lease or finance a vehicle, the lender or leasing company may require it.

Drivers in Georgia can purchase uninsured motorist coverage in addition to minimum coverage amounts, which can protect in the event that another driver with whom you have an accident is uninsured, but this is not a legal requirement.

Georgia has a comparative negligence rule, and that means that if you are less than 50% at fault in a car accident in Georgia, you can get compensation from the other party. However, compensation amounts from the insurance provider of the other party are reduced based on the percentage at fault that you are found.