By: Ishan Muhopadhyay Oct. 24, 2018

According to the insurance provider GEICO, “Atlanta is not only the state capital of Georgia, but it's also the 9th largest metropolitan area in the U.S. With nearly 5.5 million residents, there's a lot of congestion around the metro area. It's important to not drive too fast or tailgate on Atlanta's many highways and city streets, as backups are frequent, especially when it rains. Even if you regularly maintain a safe distance and speed, it's important to have adequate auto insurance in Atlanta to protect you and your vehicle.”

In a recent analysis of car insurance premiums in Atlanta, Georgia, Raltin found that drivers can save between $549 and $1,995, depending on their choice of company. The greatest difference between the cheapest and median car insurance prices at $1,995 is for 35-year-old married women with 17-year-old single male drivers. The least difference of $549 is for 40-year-old married male drivers with a clean driving record.

Raltin conducted this analysis using information obtained from the Office of Insurance and Safety Fire Commissioner, Georgia. Several factors can influence car insurance rates: the car model, coverage values, daily and annual mileage, etc. The car chosen for this survey is a 2012 Toyota Camry, six cylinder, four-door sedan. The property damage limit per accident is $25,000. The bodily injury coverage per accident is $50,000. The uninsured motorist coverage per person is $25,000. Daily mileage ranges from 12 miles to over 15 miles. Annual mileage is between 12,000 miles and over 15,000 miles. The comprehensive and collision deductibles chosen are $500 and $1,000, respectively. The medical payment coverage per accident is $2,000.

A comparative analysis of car insurance prices per company revealed that AIG Property Casualty Company offers the cheapest premium of $292 for 35-year-old married women with 17-year-old single male drivers. Great Northern Insurance Company offers the median premium of $2,287, for this cohort. Therefore drivers belonging to this cohort can save $1,995 by choosing the right company. The second highest saving of $1,719 is for 19-year-old single male drivers with a clean record. Once again, AIG offers the cheapest premium for this cohort, at $569. The Cincinnati Insurance Company offers the median premium for this cohort at $2,288.

Garrison Property and Casualty Insurance Company offers the most expensive premium of $15,292 for 19-year-old single female drivers with one speeding ticket in 12 months. Victoria Specialty Insurance Company offers the median premium of $2,152. The difference between the median and the most expensive car insurance premiums is significantly high ($13,140) for this category of drivers.

Among 8 driver categories analyzed, 5 categories receive the cheapest rates from Coast National Insurance Company. Everest Security Insurance Company offers the most expensive premium in 4 categories.

The following graph compares car insurance across key companies for Atlanta, GA.

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The following table compares the car insurance premiums offered by key companies in Atlanta, Georgia. In addition, the table also lists the differences between the median and cheapest or most expensive rates, offered by these companies.

CohortCheapest car insurance companies in Atlanta, GASecond cheapest car insurance companies in Atlanta, GACar insurance companies offering median premium in Atlanta, GASecond most expensive car insurance companies in Atlanta, GAMost expensive car insurance companies in Atlanta, GADifference between the cheapest and median pricesDifference between the most expensive and median prices
19-year-old single female driversCoast National Insurance Company ($533)AIG Property Casualty Company ($569)Allstate Property & Casualty Insurance Company ($1,873)Everest Security Insurance Company ($5,750)Memberselect Insurance Company ($5,945)$1,340$4,072
19-year-old single female drivers with one speeding ticket in 12 monthsCoast National Insurance Company ($585)AIG Property Casualty Company ($637)Victoria Specialty Insurance Company ($2,152)Main Street America Protection Insurance Company ($7,575)Garrison Property And Casualty Insurance Company ($15,292)$1,567$13,140
19-year-old single male driversAIG Property Casualty Company ($569)21st Century Centennial Insurance Company ($730)The Cincinnati Insurance Company ($2,288)Memberselect Insurance Company ($8,125)Everest Security Insurance Company ($8,810)$1,719$6,522
28-year-old married male drivers with one speeding ticket in 30 monthsCoast National Insurance Company ($315)21st Century Centennial Insurance Company ($485)Progressive Mountain Insurance Company ($1,629)Horace Mann Insurance Company ($7,701)Amica Mutual Insurance Company ($7,912)$1,314$6,283
30-year-old married female drivers with one speeding ticket in 12 monthsCoast National Insurance Company ($364)National General Assurance Company ($387)Geico General Insurance Company ($1,253)State Farm Fire And Casualty Company ($3,061)Everest Security Insurance Company ($3,624)$889$2,371
35-year-old married women with 17-year-old single male driversAIG Property Casualty Company ($292)Horace Mann Property And Casualty Insurance Company ($458)Great Northern Insurance Company ($2,287)Everest Security Insurance Company ($8,518)Memberselect Insurance Company ($9,960)$1,995$7,673
40-year-old married male driversCoast National Insurance Company ($220)21st Century Centennial Insurance Company ($268)Progressive Mountain Insurance Company ($769)Peak Property And Casualty Insurance Corporation ($2,110)Everest Security Insurance Company ($2,415)$549$1,646
65-year-old retired married driversAIG Property Casualty Company ($192)21st Century Centennial Insurance Company ($253)Infinity Safeguard Insurance Company ($762)Federal Insurance Company ($2,066)Everest Security Insurance Company ($2,636)$570$1,874


ABOUT THE AUTHOR

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Ishan Mukhopadhyay

Ishan has over 5 years of experience as a freelance journalist and a content writer. He graduated from The English and Foreign Languages University and holds a Masters degree from the University of Hyderabad. Apart from the English language, Ishan's other passion is data driven journalism.

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