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Compared to the rest of the United States, Georgia is regarded as one of the most affordable when it comes to auto insurance. Statistics show that the average annual auto insurance expenditures in Georgia totals around $900. The range of auto insurance premiums basically varies from one state to another.

The main types of auto insurance include fully comprehensive auto insurance policies, third party (fire and theft) policies, third party insurance and specialized car insurance.

Why get an auto insurance?

Auto insurance covers expenses that are incurred in vehicular accidents, fire damage, and theft. With this kind of policy, any auto owner is secured against several forms of losses.

Principally, this policy covers the policy owner, the automobile and the third party involved in the mishap. Owning auto insurance policies is a great advantage for you and your family as well as for your vehicle.

Important Considerations

Auto insurance is basically expensive. Logically, the more you pay for your premiums, the more coverage your insurance company can provide. Even if auto insurance policies in Georgia rate as one of the lowest, statistically speaking, you can still devise ways to lower your premiums.

One of the easiest ways to lessen the amount you will pay is to secure higher deductible rates. It is also important that you possess a blemish-free driving record. It would be best if the car that you have is not regularly involved in a car accidents. If you possess several cars, it would be better to insure them with the same company, as the company can give you a multiple-car discount. As much as possible, you should get all your other insurance needs (housing, life, etc.) from the same company so that you can get package discounts.

Unlike other states, your credit rating is not as significant in Georgia when it comes to auto insurance. It is better to focus on your own driving records and the many discount possibilities that insurance companies offer. For example, most insurance companies offer discounted rates for drivers over 55 years old and for students who have a 3.0 grade point average. Some companies offer discounts for people who carpool. Others offer discounts to drivers who have taken an approved driving safety course.

The new car warranty, which is also known as the original manufacturers warranty, is a contract between you and the manufacturer that assures you that for a specific amount of time or mileage, the parts and labor for the replacement or repair or the covered systems will be paid. Most new car warranties are generally limited to three years or 36,000 miles, whichever comes first. The purpose of these new car warranties is to guarantee that the brand new car you just purchased has no manufacturers defects.

A warranty is not an insurance policy. While they are similar in that they both protect you from the financial payments of damages to your car, they differ in their legal construction. An insurance policy is a direct contract between you and the insurance company, while a warranty is provided by a dealer and is a contract between the dealer and you. However, some insurance companies do offer this type of insurance policy, which is called mechanical breakdown insurance.

Another type of warranty new cars have is called the adjustment warranty. This type of warranty is provided by the car dealership, which covers all parts and systems. The adjustment warranty is usually a short-term warranty that usually only lasts for ninety days or less.

The new car warranty will usually have many parts to it. The bumper-to-bumper warranty is the most comprehensive part of the new car warranty. This deal covers everything from the tires up to the wiper blades.

Another part of the original warranty is the powertrain/drivetrain warranty. This will cover the engine, transmission, and differential. This generally has a wider coverage than the bumper-to-bumper warranty because it covers a specific number of months and number of miles, and it covers items considered as an extensive repair.