By: Ishan Mukhopadhyay Oct. 15, 2018

In a recent analysis of car insurance premiums in Savannah, Georgia, Raltin found that 35-year-old married women with 17-year-old drivers can potentially make the biggest savings – of $1,457 – between the 25th and 75th percentiles of premiums. This cohort is followed by 19-year-old single male drivers who save $1,402. For 19-year-old single female drivers with one speeding ticket in the last 12 months, this value is $1,082 and for those with no tickets, it is $1,025.

Raltin sourced this information from the Office of Insurance and Safety Fire Commissioner, Georgia. Car insurance rates are influenced by several factors, such as the car model, coverage values, daily and annual mileage, etc.

For this survey, the property damage liability, bodily injury per person and per accident limits are chosen as per the state minimums. The car chosen is a 2012 Toyota Camry, six-cylinder, four-door sedan. The uninsured motorist coverage per person is $25,000. The drivers analyzed traveled about 12 miles to over 15 miles daily. 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.

An analysis of car insurance rates for specific customer cohorts shows that 40-year-old married male drivers pay the cheapest premiums. Coast National Insurance offers the cheapest rate for this cohort, at $161. The median rate is offered by Geico Indemnity Company, at $622. The second cheapest rates are paid by 65-year-old retired married drivers. AIG Property Casualty Company offers the cheapest rate for this river cohort, at $165. The median rate comes from State Farm Mutual Automobile Insurance, at $601.

The most expensive rates are paid by 19-year-old single male drivers, among all driver categories. Everest Security Insurance Company offers the most expensive premium to this cohort, at $7,166. The median premium is provided by Chubb National Insurance, at $1,801. The second-most expensive rates are paid by 28-year-old married male drivers with one speeding ticket in 30 months. Horace Mann Insurance offers the most expensive premium for this category of drivers, at $6,756, and the median premium is offered by Progressive Premier Insurance Company of Illinois, at $1,291.

The following graph compares premium rates across key customer cohorts in Savannah, Georgia.

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The following table compares car insurance premiums for key cohorts in Savannah, Georgia, and the difference between the 75th and 25th percentiles of premium rates.

CohortCheapest car insurance companies in Savannah, GAMost expensive car insurance companies in Savannah, GACar insurance companies offering median rates in Savannah, GA25th percentile of car insurance premiums in Savannah, GA75th percentile of car insurance premiums in Savannah, GADollar difference between the 25th and 75th percentilesPercentage difference between the 25th and 75th percentiles
19-year-old single female driversCoast National Insurance Company ($392)Everest Security Insurance Company ($4,670)Allstate Property & Casualty Insurance Company ($1,506)United Services Automobile Association ($990)Alfa General Insurance Corporation ($2,015)$1,025103.54%
19-year-old single female drivers with one speeding ticket in 12 monthsCoast National Insurance Company ($429)Everest Security Insurance Company ($5,393)Metropolitan Casualty Insurance Company ($1,712)Travelers Property Casualty Insurance Company ($1,174)Alfa General Insurance Corporation ($2,256)$1,08292.16%
19-year-old single male driversAIG Property Casualty Company ($487)Everest Security Insurance Company ($7,166)Chubb National Insurance Company ($1,801)Safeco Insurance Company Of Indiana ($1,364)Trexis One Insurance Corporation ($2,766)$1,402102.79%
28-year-old married male drivers with one speeding ticket in 30 monthsCoast National Insurance Company ($251)Horace Mann Insurance Company ($6,756)Progressive Premier Insurance Company Of Illinois ($1,291)American Independent Insurance Company, ($930)American Standard Insurance Company Of Ohio ($1,740)$81087.1%
30-year-old married female drivers with one speeding ticket in 12 monthsCoast National Insurance Company ($268)Everest Security Insurance Company ($2,947)First Acceptance Insurance Company Of Georgia ($936)Garrison Property And Casualty Insurance Company ($715)MGA Insurance Company ($1,385)$67093.71%
35-year-old married women with 17-year-old single male driversAIG Property Casualty Company ($250)Everest Security Insurance Company ($6,917)Federal Insurance Company ($1,728)Hartford Insurance Company Of The Southeast ($1,330)Titan Indemnity Company ($2,787)$1,457109.55%
40-year-old married male driversCoast National Insurance Company ($161)Everest Security Insurance Company ($1,961)Geico Indemnity Company ($622)Hartford Accident And Indemnity Company ($455)Trexis One Insurance Corporation ($866)$41190.33%
65-year-old retired married driversAIG Property Casualty Company ($165)Everest Security Insurance Company ($2,142)State Farm Mutual Automobile Insurance Company ($601)United Services Automobile Association ($402)Main Street America Assurance Company ($848)$446110.95%


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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