Atlanta is the capital and the most populous city of the state of Georgia. The average auto insurance rates in Atlanta have witnessed a 157% increase from $700 in 2009 to $1,800 in 2013. Atlanta’s insurance rates are now below the state average of $2,200, but above the national average, of $1496. Atlanta is one of the most expensive auto insurance cities in Georgia. To be able to afford a car in Atlanta, you need to earn a monthly income between $3,350 and $34,960.
Atlanta’s auto insurance rates, at $1800, are lower than the state average, though a drunk driving conviction can shoot them up to $2200. Most car insurance companies will keep your premium rates high for at least three years after your first drunk driving conviction.
The average comprehensive coverage rates in Atlanta would cost $271, while the state average is $330. Similarly, collision coverage costs $271 in Atlanta, as opposed to the state average of $704.
If we take a look at the insurance rates of all the cars in Atlanta, the Mercedes CL65 AMG is the most expensive car, both in terms of the Manufacturer’s Suggested Retail Price (MSRP) as well as the annual insurance average rates. To insure a Mercedes CL65 AMG in Atlanta, you would have to shell out an average of $4,700 every year. The Ford Edge SE is the cheapest car to insure, with an annual average premium of $1,000. Among the SUVs, the GMC Terrain is the least expensive, with an MSRP of $23995 and an annual average insurance rate of $1400. On the other hand, with an MSRP of about $70250 and an annual average insurance rate of $2500, the Porsche Cayenne is the most expensive SUV in Atlanta.
In the luxury car segment, the Audi A4 is the least expensive and the Porsche Cayenne is the most expensive in Atlanta. The Audi has an MSRP of around $39995 and an average insurance rate of $2600. The Porsche has an MSRP of $70250, with the average annual insurance rate of $2500.
Moving on to the small car segment, the Hyundai Accent is the least expensive car you can opt for. With an MSRP of $17700 and an insurance rate of $1200, the Hyundai Accent is the most affordable small car in Atlanta. On the other hand, the Volkswagen GTI is the costliest, with an MSRP of $31860 and annual insurance rate of $1300.