Auto insurance, though confusing at first, is an important concept to understand so that you can choose the right coverage for yourself and your family in Atlanta. Car insurance is used whenever an accident occurs, based on who is determined to be at fault for the incident. Whoever is deemed to have caused the accident will have their insurance policy applied to cover the costs of services needed. In this way, the driver who isn’t at fault doesn’t take a hit to his insurance premium (generally speaking).
What many people don’t realize, however, is that about sixteen percent of Georgia drivers are uninsured. This means that, in the event of an accident caused by an uninsured driver, you’re going to be responsible for the whole bill (or you’re going to have to go to court for a lawsuit).
While the state of Georgia has minimum insurance requirements in place, sixteen percent of residents either are willing to take their chances or simply have let their insurance lapse without realizing it. In a state where the uninsured rate is so high, should you go with the state minimum or spend a little extra to make sure you’re adequately covered?
What Is the Georgia State Minimum?
If you live in Atlanta or any other city in Georgia, you will need to purchase car insurance that meets the minimum requirements. For this state, the minimum coverage is defined by the Office of Commissioner of Insurance and Safety Fire (OCI) as follows:
- $25,000 of personal bodily liability insurance
- $50,000 of “per incident” bodily liability insurance
You are not required to have physical damage insurance (comprehensive or collision) in the state of Georgia, but many leasing companies will require it from you before you leave the lot with your car.
Is the Georgia State Minimum Enough for You?
Here at Apex Insurance Services, LLC, we want you to be fully protected – not just from trouble with the law but also from financial hardship if something happens to you or a family member while driving. Even if you’re a fantastic driver, you’re only a portion of the picture; it’s the other drivers that you’re insuring yourself against! Accidents happen, so make sure you’re covered for what you’ll need to recover financially.
What Kind of Car Do You Have?
Your insurance policy recommendation is going to depend a lot on a few things, one of which is the type of car(s) you and your family members drive. If you own a thirty-thousand-dollar car, you’ll probably want your investment to be financially protected in the event of an accident that totals your car. Furthermore, cars generally depreciate in value very quickly over time, unlike houses and businesses. There’s not much worse than having a persistent loan on a car that is long gone and totaled.
What Does Your Health Insurance Situation Look Like?
If you’re caught in an accident and sustain bodily injuries, you and the other driver are going to need medical care. Ambulances are usually called to the scene, which can get quite expensive. Make sure you have the proper amount of insurance to cover even the worst injuries; take a look at your health insurance plan and see what your deductible is for emergency procedures and surgeries. Prepare for the worst so that you won’t be in debt after a motor vehicle accident.
Car Insurance in Atlanta, Georgia
Here at Apex Insurance Services, LLC, we take the time to get to know you; this helps us make suitable recommendations for insurance services based on your unique situation. Our goal is to protect you from financial harm in the event of an accident, not run your bank account dry! If our office recommends more than the state minimum auto insurance policy, feel free to ask us why; we’re happy to explain our recommendations at any time!
Don’t take your chances with a policy that offers insufficient coverage for your car or emergency health care. Contact the team at Apex Insurance Services, LLC, today.