Does My Credit Affect My Car Insurance Rates in Georgia?

Credit scores can affect your car insurance rates because they represent your ability to pay your premiums on time. Insurers see a low credit score as a risk factor. Most states will adjust their rates based on whether or not you have good credit. However, some states like Hawaii and California don’t consider credit scores when determining your rates.

In the table below you can see how a low credit score has a negative impact on your auto insurance rates in the state of Georgia. In this article, we will discuss how credit and other factors can affect your car insurance rates in Georgia.

Provider Poor credit Average credit Good credit Excellent credit
State average $3,143 $2,200 $1,982 $1,859
National average $3,873 $1,865 $1,674 $1,487

Understanding Credit Score Requirements for Car Insurance in Georgia

Car insurance for people in Georgia differs from other states in the US. Most reports show that drivers with bad credit in Georgia will pay around $1,469 more on average for their car insurance compared to bad credit drivers in the rest of the US.

There are numerous car insurance providers in Georgia and each of these companies is permitted to assess a person’s credit score to determine their rate. This allows insurance companies to set their premiums accordingly. There are 4 different categories to define a person’s credit: poor, average, good, or excellent. However, every insurer assesses credit scores differently. Each of these companies have different standards for accessing credit scores; therefore, you should check with multiple car insurance providers before choosing the one that best fits you.

Factors That Affect Your Auto Insurance in Georgia

Your credit score is only one of many factors that can affect your car insurance in Georgia.

Here’s a list:

A Speeding Ticket

If you have a speeding ticket, chances are your car insurance premium will increase by $465 on average.

Being Involved in an Accident

This can increase your car insurance premium by $957 if you live in Georgia.

Lapse in Coverage

Missing your premium payment can cause your insurer to drop you. If this happens you experience a lapse in coverage. This means the cost of your premium can increase by $280.


Driving under the influence is a serious offense in Georgia. In most cases, a DUI will increase your premiums by $1710.

Summing up, this means that each kind of offense will have a negative impact on your car insurance policy. Know that the increases we mentioned above vary from person to person and depend on your insurance company. The numbers mentioned above are rough averages.

Bottom Line

Auto insurance in Georgia is quite expensive on its own. Therefore, you wouldn’t want to make it worse with offenses like causing an accident, a lapse in coverage, DUI convictions, or speeding tickets. It’s best to stay vigilant about your driving skills as well as your credit score if you don’t wish to pay more for your auto insurance.

We hope that this simple guide helps you understand how car insurance works in Georgia and how your credit score can impact your premium.



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