InsuranceQuotesUS.com reports a sudden rise in auto insurance rates in the state of Georgia. Auto insurance premiums have gone up almost 7 percent on average in Georgia due to a new law that does not require insurance companies to get state approval before changing auto insurance rates.
A vast majority of Georgia residents have seen their rates jump. Some auto insurance premiums have even doubled for certain drivers viewed as high risk, including the elderly and teen drivers.
“InsuranceQuotesUS.com is urging consumers to shop around for the best rates. Although many have increased auto insurance rates in the state of Georgia, there are still some carriers who have not changed their underwriting criteria and premium rates. Also, some companies have only minimally increased there auto insurance rates while others have gone for the maximum auto insurance rate increase,” states Eric Oster, CEO of InsuranceQuotesUS.com.