Georgia High Risk Auto Insurance
The state of Georgia is one of the most competitive in the world of automobile insurance. There are 188 insurance companies licensed in the state to underwrite automobile insurance policies. This long list includes companies like Allstate, American Modern, Citizens, Geico, and Hartford among many others both national and regional.
Georgia's Minimum Coverage Requirements
Georgia, like most states, has adopted a minimum liability insurance package that drivers are required to have on any vehicle licensed in the state. These minimum coverage amounts include Bodily Injury Liability of $25,000 and $50,000 individual and per accident. Property damage liability is required of at least $25,000. An option exists to purchase uninsured/underinsured motorist coverage since January of 2009.
Georgia Opts for Tort System over No Fault
Georgia uses a tort system when dealing with accidents. One party will be found responsible for causing the accident and that person and his/her insurance company will be responsible for all costs incurred by other parties in the accident for injuries and property damage.
Electronic Proof of Insurance Required
Insurance identification cards with the insured's name, the make and model, VIN number of the vehicle, and coverage provided under the policy are required to be carried in the vehicle at all times. However, these cards do not represent valid proof of insurance within the state of Georgia. Georgia uses an insurance database updated by insurance providers whenever a policy is issued or cancelled. Unless there is a valid insurance tag on this database, it will be impossible to register the vehicle. In the event of a new purchase, a bill of sale and declarations page of the insurance policy will be held as acceptable proof of insurance for a period of 30 days or until the electronic tag is updated in the database. Once this information is updated, you are free to search for high risk auto insurance in Georgia.