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Georgia’s Auto Insurance Rates: Unaffordable and Uninsured, New Study Uncovers Alarming Trends

August 9, 2024August 9, 2024 John B.

Alarming Trends in Georgia’s Auto Insurance: State Ranks Among Least Affordable in Nation A recent report by the Insurance Research Council (IRC), a division of The Institutes, has unveiled alarming trends in Georgia’s personal auto insurance affordability. The report, titled “Personal Auto Insurance Affordability in Georgia,” highlights a significant deterioration over the past decade and a half, positioning Georgia as one of the least affordable states for auto insurance in the nation. With below-average income and above-average auto insurance costs, Georgia has become one of the least affordable states for…

Georgia auto insurance rates are headed through the roof yet again

July 28, 2017July 26, 2017 Nordstrom

For the third consecutive year, Georgian drivers will face higher premiums for their coverage. Georgia auto insurance rates are headed skyward once again, making this the third year in a row drivers in the state are paying more. This also makes it the third straight year that Georgia drivers have faced the highest insurance rate increases in the country. For many drivers, this situation has become frustrating but is no longer considered to be surprising. Last year, Georgia auto insurance rates saw the highest increase in personal lines among all…

Allstate aims to raise insurance premiums in Georgia

April 19, 2016April 18, 2016 S.Vagus

Allstate bypasses rate proposal process to increase premiums Allstate customers in Georgia may see their insurance premiums spike, according to the Georgia Department of Insurance. The insurance company is planning to implement rate increases on some policies, with premiums rising by as much as 58.3%. According to Insurance Commissioner Ralph Hudgens, this is the first time he has seen such a rate hike. Moreover, the proposed rate hike has not been approved by the Department of Insurance. Insurance Commissioner claims Allstate bypassing the proposal process is unfair Hudgens notes that…

Health insurance exchange in Idaho boasts of high enrollment numbers

April 23, 2015April 22, 2015 Nordstrom

Idaho is ranked fourth in terms of enrollment in insurance exchange Idaho’s health insurance exchange has proven to be successful. The exchange is ranked fourth in the nation in the number of people enrolled per capita. Many people living in the state have managed to find the health insurance coverage they need through the exchange. A significant portion of these people are receiving subsidies from the federal government, which help them afford the coverage that they have purchased through the state’s exchange, called Your Health Idaho. Exchange manages to find…

Legislation in Georgia increases auto insurance requirements for ride-share firms

April 7, 2015April 5, 2015 Logan B.

Legislation requires ride-share companies to improve their auto insurance policies New legislation in Georgia will require ride-sharing services Uber and Lyft to increase their auto insurance coverage. The legislation, called House Bill 190, won the approval of the state’s House of Representatives and is currently awaiting the signature of Governor Nathan Deal before it can be enacted. Ride-share companies have become a hot topic in the insurance space, as well as in the transportation services industry. These companies offer inexpensive transportation, but there have been concerns that the auto insurance…