When you are looking to get a new car, understanding your auto insurance needs is very important. There are several factors to consider when determining what your auto insurance requirements are for the new vehicle.
State Auto Insurance Requirements for Georgia
For those that are in the Commerce, GA area, the first factor that needs to be understood is what your requirements are per state law. In the state of Georgia, you will need to have the minimum level of liability coverage in place at all times. This means you will need to have property damage liability coverage of $25,000 plus bodily injury coverage of $25,000 for each injured person, with a $50,000 cap per incident.
Auto Loan or Lease
While there are some basic requirements that are set forth by the state for people in Commerce, GA, there are other factors to consider as well when you are looking at auto insurance policies. One of the most important factors to consider is whether you have insurance requirements in your loan or lease.
If you have a loan or lease, you will likely need to have additional collision and comprehensive coverage on your policy. This type of coverage will give you additional protection for a variety of items including protection against vandalism, theft, and being in an accident with someone that does not have coverage. Lenders and lessors will likely require you to have this coverage since the car is their collateral.
When you are trying to figure out what you need to get in terms of auto insurance, you should contact the Hyman Brown Insurance Agency, Inc. When you speak with Hyman Brown Insurance Agency, Inc., you will get a full understanding of your requirements and what the best level of coverage would be for your situation. Reach out to our agents for more information on how to get started.