Auto Insurance Query Georgia GA
Reader’s Question:
I don’t know how I will sound with this but I need to ask this question… is there truly cheap auto insurance? I tried to get quotes from Georgia once and I’ve noticed that yes there are low premiums to be paid but that’s only because the coverage is also low. There are other quotes which give higher price yet they offer more favorable protection that the ones with low price. So basically, the price varies according to coverage. So again, is there really cheap auto insurance?
Mista
Augusta GA
That’s a good question!
I like your curiosity, Mista. It will truly guide you to a higher knowledge. Only a few people can notice what you noticed as most of them simply look at the price and immediately conclude that they already get cheap auto insurance among many quotes. Yes you are right when you noticed that if you are merely looking for a cheap auto insurance you may find that the coverage is also low compared to other auto insurance with higher coverage, and I would like to congratulate you for that. It simply means that the basic liability coverage of your auto insurance, for example, will naturally have lesser premium than with auto insurance that has collision coverage.
Truly, the real indication of cheap auto insurance is when it has the same coverage, given the same condition of the car or vehicle and the same driver. To illustrate, let’s look at a worst case scenario: can a 1980’s Sedan under collision coverage from a driver with history of previous collision get cheap auto insurance? If all of these details are disclosed in an information sheet for cheap auto insurance quotes, then all auto insurance companies will most likely take the data for deeper probing so they can decide to approve or disapprove. If approved they have to decide on the premium of the auto insurance.
In reality, the underwriting result will determine the premium for cheap auto insurance for the applicant. It is in underwriting where the insurance companies differ in judgment and considerations. Some insurance companies may evaluate certain level of risk and can take such risk while others cannot. So the cheap auto insurance depends on the level of underwriting of the company.
So to answer your question: Is there cheap auto insurance? Yes there is. It all depends on the insurance companies’ underwriting. You just need to diligently look for a provider with cheap auto insurance that suits your need and condition.
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