One of the more important things that are used to help calculate insurance cost is your address in Atlanta. Larger areas tend to pay slightly more, whereas areas with fewer weather claims and lower vehicle theft rates receive better rates.
The next table sorts the most costly cities in Georgia for business use to purchase auto insurance in. Atlanta makes the list at #2 with the yearly price of $1,377 for the average policy, which is approximately $115 monthly.
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Premium costs are approximated as the specific geographic location can affect premium rates greatly.
The make and model of vehicle to be insured is one of the largest factors when trying to find the cheapest auto insurance for business use. Vehicles with lots of speed or power, poor safety features, or an increased likelihood of liability claims will cost substantially more to insure than more modest models. The information below outlines insurance premiums for the cheapest vehicles to insure in Georgia.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Honda Accord LX 4-Dr Sedan||$1,669|
|Ford Escape XLS 2WD||$1,678|
|Ford Edge Limited 2WD||$1,691|
|Ford Focus S 4-Dr Sedan||$1,697|
|Honda Civic DX 4-Dr Sedan||$1,691|
|Toyota RAV4 4WD||$1,724|
|Chevrolet Silverado LS Regular Cab 2WD||$1,726|
|Toyota Tacoma Double Cab 4WD||$1,757|
|Honda CR-V EX-L 2WD||$1,833|
|Chevrolet Equinox LTZ 2WD||$1,847|
|Kia Optima LX||$1,850|
|Nissan Rogue SL AWD||$1,940|
|Honda Odyssey EX W/Rear Entertainment||$1,946|
|Chevrolet Silverado 2500HD LT Crew Cab Diesel 4WD||$1,968|
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Data based on single female driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and Georgia minimum liability limits. Discounts applied include multi-policy, safe-driver, multi-vehicle, claim-free, and homeowner. Price estimates do not factor in vehicle location which can affect prices greatly.
Based upon the table data, vehicles like the Toyota Prius, Honda Accord, Ford Escape, and Ford Edge should be the cheapest vehicles to insure for using your car for business. Rates will tend to be higher because there is more inherent risk for business use, but generally speaking those models will probably have the cheapest auto insurance rates available.
Finding budget car insurance is not most people’s favorite thing to do, and finding out which companies quote the cheapest car insurance rates for business use takes more quotes for comparison. Every insurance provider has a unique formula for setting rates, so let’s begin by taking a look at the most competitive car insurance companies in Atlanta, GA.
It’s a good idea to be aware that Atlanta car insurance rates are impacted by many things that control the price you have to pay for coverage. This price fluctuation is why consumers need to take the time to perform a complete rate comparison when trying to get the most budget-friendly auto insurance rates for business use. Insurance rates can be determined by many things and can decrease or increase without notice, so the cheapest rate when you last compared rates may now be wasting a lot of money.
Find Cheaper Car Insurance for Business Use
|Rank||Company||Cost Per Year|
|5||Georgia Farm Bureau||$1,273|
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Auto-Owners has some of the best car insurance rates in Atlanta at around $839 each year. This is $690 less than the average rate paid by Georgia drivers of $1,529. The Hartford, USAA, Central Mutual, and Georgia Farm Bureau also rank well as some of the most economical Atlanta, GA car insurance companies.
In this example, if you buy coverage from Georgia Farm Bureau and switched to The Hartford, you might see annual savings of around $387. Drivers with MetLife might save as much as $390 a year, and Travelers insureds might lower prices by up to $393 a year.
Be aware that those policy rates are averaged for all ages of drivers and types of vehicles and do not take into consideration an exact zip code location for business use. So the insurer that can offer you the best price may not even be in the top 20 companies in the list above. That point stresses why you need to compare as many prices as possible using your own driver information and specific vehicle type.
Discounts on Atlanta auto insurance rates
Car insurance companies that offer quotes for business use may have discounts that can reduce rates by 25% or more if you are eligible to receive them. A list of car insurance companies and some of the discounts can be read below.
- Farm Bureau may offer discounts for 55 and retired, renewal discount, driver training, youthful driver, multi-policy, and safe driver.
- MetLife policyholders can earn discounts including good driver, good student, claim-free, multi-policy, accident-free, defensive driver
- Progressive includes discounts for homeowner, online quote discount, multi-policy, good student, and multi-vehicle.
- AAA offers discounts for pay-in-full, education and occupation, good driver, multi-car, and multi-policy.
- American Family has savings for accident-free, Steer into Savings, air bags, multi-vehicle, early bird, bundled insurance, and good driver.
- GEICO offers discounts including emergency military deployment, air bags, good student, daytime running lights, and driver training.
- State Farm has discounts for passive restraint, student away at school, multiple autos, safe vehicle, Drive Safe & Save, accident-free, and driver’s education.
The information below illustrates the comparison of yearly insurance costs with and without discounts being applied to the rates. The premium estimates are based on a male driver, no violations or claims, Georgia state minimum liability limits, full physical damage coverage, and $1,000 deductibles.
The first bar for each age group shows the average annual price with no discounts. The second shows the rates with accident-free, vehicle safety, multiple vehicle, marriage, multiple policy, and safe-driver discounts applied. When discounts are applied, theamount saved on car insurance for business use is 28% or $618.
Insurance rate increases from tickets or accidents
The recommended way to earn good car insurance prices in Georgia for using your car for business is to drive safe and avoid accidents and violations. The information below shows how traffic citations and at-fault collisions raise premium costs for each different age group. The premium estimates are based on a married female driver, full physical damage coverage, $1,000 deductibles, and no policy discounts are applied.
In the chart above, the average cost of an auto insurance policy in Atlanta per year with no accidents or violations is $1,679. Factor in two speeding tickets and the average cost surges to $2,377, an increase of $698 each year. Next add one accident along with the two speeding tickets and the 12-month cost of car insurance for business use goes up to an average of $3,099. That’s an increase of $1,421, or $118 per month, just for not keeping your driving record clean!
Georgia car insurance companies
Insuring your vehicle with the right car insurance company is difficult considering how many companies provide coverage in Georgia. The company information shown next may help you decide which auto insurers you want to consider comparing rates from. The ratings below are for large nationwide companies, so smaller regional companies will not be included in these rankings.
Top 10 Large Car Insurance Companies in Atlanta Ranked by Value
- Mercury Insurance
- American Family
- AAA Insurance
- Safeco Insurance
- The Hartford
- The General
- 21st Century
How to find more affordable auto insurance for business use
Below you’ll find a few thrifty suggestions that can help you buy cheap coverage.
- Being accident-free can lower rates significantly
- Insure your home and auto with the same company
- Save money by only buying liability coverage for older vehicles
- Drive safe vehicles
- Higher credit scores may earn you cheaper rates
- Compare rates often to find the best deal
The last tip is highly significant, as we hit on in the prior information. Rates fluctuate constantly, so drivers shouldn’t hesitate to buy a policy from a new company if you can save money.
Having a favorite company is fine, but it isn’t a good idea if that faithfulness ends up costing you several hundred dollars every year. In less than five minutes you could compare rates to find cheaper insurance for business use in Atlanta.
The Atlanta, GA, insurance agents below can help you make a decision which policy is best, as some drivers have questions and prefer to have some professional guidance when comparing insurance rates for using your car for business. It’s not always simple to find the best policy yourself, and getting advice from a licensed Georgia insurance agent can give peace of mind knowing you have sufficient coverage for your assets. To locate an Atlanta car insurance agency nearest to you, click the button at the bottom or click here to compare rates now.
Lindsay Mullen – State Farm Insurance Agent
2250 N Druid Hills Rd Ste 145 – Atlanta, GA 30329 – (404) 728-1000
Shiron Kilgore – State Farm Insurance Agent
42 Forsyth St NW – Atlanta, GA 30303 – (404) 527-4883
Dorcelin Bazil – State Farm Insurance Agent
2859 N Druid Hills Rd a – Atlanta, GA 30329 – (404) 634-2447
Allstate Insurance: Douglas Hollis
2195 Fairburn Rd SW – Atlanta, GA 30331 – (404) 629-1510
Aaron Frazier – State Farm Insurance Agent
NE, 4246 Peachtree Rd NE #7 – Atlanta, GA 30319 – (404) 233-4847