Whether you are purchasing an insurance policy in Georgia for the first time or need a little refresher, understanding the minimums required by state law is the starting point. As we review the minimum vehicle insurance necessary in the state of Georgia, we encourage you to explore options for the correct coverage for your particular situation. Purchasing minimum coverage may help you remain compliant with the law, but it may not be enough in the event a severe accident occurs. A Newnan personal injury attorney can help you understand what steps you can take after a collision.
What Car Insurance Does Georgia Law Require?
In Georgia, every driver must carry a minimum amount of liability insurance. The minimum liability coverage limits required by Georgia law are:
- $25,000 per person for bodily injury. This is the maximum amount your insurance company will pay for injuries to another person in a collision where you are at fault.
- $50,000 per accident for bodily injury. This is the total amount your insurance company will pay for all injuries if more than one person is injured in an accident where you are at fault.
- $25,000 per accident for property damage. This is the maximum amount your insurance company will pay for damage to another person’s vehicle or property resulting from an accident where you are at fault.
These minimums are often referred to as 25/50/25 coverage. While these amounts are required to legally operate a vehicle in Georgia, it is important to consider whether they provide enough protection for your personal financial situation.
What About Uninsured or Underinsured Coverage?
Georgia law doesn’t require drivers to carry uninsured or underinsured motorist (UM/UIM) coverage, but it is highly recommended. UM/UIM coverage provides protection if you are involved in an collision with a driver who either has no insurance or does not have enough insurance to cover the damages.
Uninsured motorist coverage steps in when the liable party has no insurance at all. Underinsured motorist coverage comes into play when the at-fault driver’s insurance limits are too low to cover the full extent of your damages.
Do You Need Collision and Comprehensive Coverage?
While liability insurance covers damages you cause to others, it does not cover damage to your own vehicle. This is where collision and comprehensive coverage come into play. These types of coverage are not required by Georgia law, but they can be essential depending on your circumstances.
- Collision coverage. This type of insurance coverage pays for damage to your vehicle if you are involved in an accident, regardless of who is at fault. It covers collisions with other vehicles, as well as accidents involving stationary objects, such as guardrails or trees.
- Comprehensive coverage. Comprehensive insurance covers damage to your vehicle caused by events other than collisions. This includes theft, vandalism, natural disasters, falling objects, and animal collisions. If your vehicle is damaged by a storm or stolen, comprehensive coverage would help pay for repairs or replacement.
If you are financing or leasing your vehicle, your lender will likely require you to carry both collision and comprehensive coverage. Even if you own your vehicle outright, these coverages can provide valuable protection against a wide range of risks.
Calling a Lawyer for Help
If you find yourself in a situation where you need assistance with an insurance claim or if you believe you are not receiving fair compensation, contacting an experienced attorney can be a critical step. A knowledgeable lawyer can help you understand your rights, negotiate with the insurance companies on your behalf, and ensure you receive the compensation you deserve.
At Kam, Ebersbach & Lewis, P.C., our team of car accident attorneys in Newnan are here to help guide you through the insurance claims process and protect your interests. Contact us today for a free consultation to discuss your case and learn more about how we can assist you.