Georgia drivers are required to maintain liability insurance. This type of car insurance provides protection for other drivers on the road with you if you cause an accident or other loss to them. Liability insurance requirements in Georgia for 2024 are meant to provide protection for others when accidents occur. Talk to a Newnan car accident lawyer at Kam, Ebersbach & Lewis, P.C., about your case today.
Minimum Liability Insurance Requirements in Georgia for 2024
The following are the liability insurance requirements under Georgia’s state laws. Note that this is just the minimum and that, for many people, having more than the minimum is beneficial.
Drivers must have:
- $25,000 per person in bodily injury liability insurance
- $50,000 per accident in bodily injury liability insurance
- $25,000 per incident in property damage liability coverage
Bodily injury liability insurance provides financial compensation for those who suffer an injury as a result of the car accident you cause. This insurance pays up to $25,000 per person to each victim hurt in the car accident. However, it tops out at $50,000. If there are more claims beyond that, the insurance company is not responsible.
Liability Insurance Does Not Cover Your Injuries or Losses
If you cause an accident, liability insurance covers the other drivers and their passengers but does not cover your medical bills or property losses. That means that if you damage your car in a car accident, your liability insurance policy will not help to cover those losses.
However, if you purchased more than liability coverage, such as collision insurance, your policy may cover damages up to the maximum amount of coverage provided by that policy. Remember, collision insurance (as well as comprehensive insurance) is not a legal requirement under Georgia car accident laws. However, it is often a very important investment that you will want to make to protect the value of your car.
How Is Fault Determined in a Car Accident in Georgia?
One of the most important factors in determining when liability insurance will pay for losses is to determine fault. Georgia is an at-fault state. That means that the person that causes the collision is responsible and held liability for the losses incurred. That person is made to pay compensation to the party that suffered the losses.
Your insurance company will cover the losses in situations where you are at fault up to the maximum amount of liability insurance applicable to the incident. Keep in mind that you can also be held responsible for losses above and beyond that coverage limit. That means that if you cause an accident that creates more damage than the insurance you have, the person can seek out legal action against you to recoup the rest of the losses.
Also, note that you can be found partially at fault for an accident. In that case, all drivers share responsibility for the losses. You can file a claim only if you were not more at fault than the other party. Contact a personal injury lawyer in Newnan to learn more.
The complexities of insurance laws can be frustrating. Understanding Georgia car accident liability laws in 2024, though, is critical.