Find affordable car insurance with bad credit by comparing rates.
It can be tough to find cheap auto insurance with a poor credit rating. Car insurance companies rely on credit score as a primary rating factor, setting prices based in part on clients' credit scores. Because auto insurance companies rely on data that show those with bad credit histories are more likely to file car insurance claims, they compensate for that extra risk by assigning expensive rates.
How much you pay for car insurance with bad credit depends on where you live, which insurance company you use, and a variety of other factors. See on this page average car insurance prices for drivers with bad credit in major Georgia cities, along with rates from large car insurance companies, , along with tips on saving on auto insurance with bad credit in Georgia.
Drivers in Georgia pay an average penalty of $1,136 per year for having a credit score in the “worst” tier. A driver in either the “poor” or “below fair to poor” credit tier will also face higher-than-average rates.
|Credit Tier||Average Annual Rate in Georgia|
|Below Fair to Poor||$2,073|
|Average — All Credit Tiers||$1,388|
Car insurance prices will also vary depending on the specific area where you park your car. Insurers use your ZIP code to estimate your odds of filing a claim: the denser your area,, the more expensive rates you’ll pay.
See below major Georgia cities and their mean auto insurance costs for drivers with bad credit.
|City||Average Annual Rate — Worst Credit||Average Annual Rate — Poor Credit||Average Annual Rate — Below Fair to Poor Credit|
Another contributing factor to car insurance rates is the insurer you choose. Every auto insurance company prices policies differently, giving rating factors varying weights in their pricing calculations. Credit score can be a major differentiator in price between insurance companies. In Georgia, the cheapest insurance company for a driver with a bad credit score is Georgia Farm Bureau, which offers a premium cut of $990 per annum over the second-most affordable company, USAA.
See premiums from popular auto insurance companies in Georgia for drivers with bad credit.
|Company||Average Annual Rate — Worst Credit|
|Georgia Farm Bureau||$985|
If you're buying auto insurance with bad credit, consider these tips: