AUTO INSURANCE ARTICLE

Georgia Auto Insurance: Understanding the Basic Requirements

By: SpeedWagon

It is important for every driver in the state of Georgia to understand some basic GA auto insurance laws. Every driver in the state of Georgia is required to have at least the minimum auto insurance before getting behind the wheels.

Your current insurance company must inform the State Department of Motor Vehicle or DMV if there is a new policy being cancelled. Once this information has been received, the DMV will send a letter to the driver informing that he or she should provide a proof of insurance to prove that he or she is covered by a new policy.

Getting caught without appropriate insurance may brought you to severe consequences. If you reveal that there is a lapse in coverage, then you will be charged with lapse fee. Aside from the lapse fee, you also have to pay the fee for restoration. Moreover, the driver’s license may be suspended immediately. In order to get it back, you have to buy a new policy and pay the full six month’s coverage.

If you don’t respond to the DMV letter, it will give you the same result. The State Department of Motor Vehicle will give you 30 days to draft a letter which basically give you enough time to answer the inquiry. Rather than ignoring the letter, it is recommended to purchase a new policy and pay the lapse fee. Furthermore, if you get caught without proper insurance within five years after the previous occurrence, you will be given a 90 days suspension of your driver’s license. You can have your reinstated driver’s license with the same procedure as for the previous offense after the 90 day period. Ideally, the wisest thing you can do is to keep your current auto insurance up to date and the driving history as clean as possible.

Georgia auto insurance laws mandated that all vehicles on its road should have the minimum liability auto insurance. It requires 50,000 dollar bodily injury and physical damage per accident with 25,000 dollar per person injured or killed in an accident and property damage liability coverage amounting 25,000 dollars. There are other optional policies available in the state of Georgia that will surely protect you and your family when you need it most:

Personal Injury Protection or PIP – This type of coverage offers no fault auto insurance which means you will be covered regardless of who is at fault in an accident. It will cover the medical expenses, lost wages and others.

Collision and Comprehensive Coverage – Collision coverage pays for the damages to your vehicle brought by collision with another vehicle while comprehensive coverage pays the damages to your vehicle caused by another party other than collision. These may include falling objects, theft, fire, flood, vandalism or other unknown party.

Make sure you are not just keeping the appropriate requirements but you also looking for the best and affordable GA auto insurance. Auto insurance rates can change dramatically therefore make sure to shop around and compare multiple rates from different car insurance providers.