Georgia Auto Insurance
Customize your Auto Insurance with plenty of options.
We understand that in life, as in Car insurance, foresight and awareness are everything. When it comes to protecting what you care about most, “one-size fits all coverage” just doesn’t cut it. Finding the best value on your Auto insurance requires the right balance of coverage and customer service.
That’s why we can offer you coverage beyond basic coverage options to help you spot gaps and cover other unexpected costs.
Consider Addition Coverage Options:
Accident Forgiveness
You’re normally a great driver, but you just had your first claim in years and you’re nervous about your rate changing. Well, if you have this option, don’t worry! Farmers will forgive one accident for every three years you drive without one.
Residual Debt Coverage
Covers the additional cost of terminating a finance contract on the insured vehicle in the event of a total loss. For example, if the insured owes more on the vehicle than the fair market value and the car is totaled, residual debt coverage will cover the amount that is owed. The payment will not exceed 25% of the Actual Cash Value of the vehicle at the
New Car Replacement
This coverage provides new car replacement coverage, meaning in the event of a total loss, settlement will be based on the cost to replace the covered vehicle with a new car of the same make and model. If a car of the same make and model is not available, settlement will be based on the cost of a comparable new and comparably equipped car. In this situation the settlement is also limited actual cost not to exceed 110% of what the insured paid for the vehicle. Refer to your state guide or manual for more details. New Car Replacement is available for policies with Comprehensive and Collision coverage. It is available only for new and unused vehicles, and only for vehicle model years which are equal to or greater than the current calendar year, or model years not more than one year older than the current calendar year. It must be purchased within 90 days of the purchase date of the vehicle.
Farmers Rideshare
Insurance coverage for rideshare drivers doesn’t have to be confusing. Farmers Rideshare can provide you with seamless personal auto coverage until the full commercial liability coverage provided by your rideshare company begins.
Start today with a quick online Auto insurance quote. You can even conveniently purchase your new Car insurance policy online too.
Understand your Auto Insurance Terms:
When you browse through your policy, you may see certain coverages and wonder exactly what they are, and why they’re on your policy.
Let us clarify a few of the more important ones for you:
Collision Coverage — this is the part of your policy that covers your car in the event you damage the car itself somehow, as a result of an accident with a fixed or moving object like another car, a curb, a house, a guard rail, etc..
Comprehensive Coverage — this coverage also protects your car, but in the event that something else damages your car, that is not a fixed, or moving object. For example, theft, a rock that cracks your windshield while you’re driving on the highway, an animal you might hit, and so on.
Property Damage — suppose you damage someones car in an accident, or a guard rail, house, or some other property that belongs to someone else. This is the part of your policy that compensates the other person for that damage
Bodily Injury Liability — this coverage protects your financial interest in the event you injure another party in an accident. This is the part of your policy that pays that other party for their medical bills and related expenses. Due to the high cost of medical care, it’s dangerous to carry liability limits that are too low. This is something we can help you decide on.
Un-insured & Under-insured Liability — this coverage pays you, in the event that you are injured by another party, and that other party was either unidentified, or they weren’t carrying a high enough limit of Bodily Injury Liability to cover your expenses. This is also a very important part of your auto policy because you have zero control over how much insurance other people are driving around with.
Common Auto Insurance Rating Variables
Age — insurance companies use your age in their overall rating algorithms. Drivers who are under 25, and over 65 typically don’t get preferred rates because statistics show that those two age demographics have the most loss frequency and are therefore more at risk for financial loss due to an auto accident
Credit — credit is a metric that has been used in insurance scoring for many years. The better your credit, the more favorable your rates will usually be
Car — the type of car, engine size, safety features, etc.. are all par of the rate of course
Driving History — your driving record and loss history plays a substantial role in the price. If you have a spotty driving history, or multiple moving violations or accidents, chances are, you won’t get a preferred rate until those things are at least 3 years old
Household — insurance companies underwrite at the household level, meaning they try to judge based on the entire household, what the probability of loss will be. If there are multiple drivers in the house who are under the age of 25, that will impact everyone’s pricing in the household