There are a number of very important things you need to know if you want to buy any form of insurance in Georgia. For easy comprehension, we will look at specific laws and requirements for specific policies in the state.

Georgia Auto Insurance

This is where you have very specific laws and you have to understand the requirements very well for your own good. Here's a summary of what is expected as a minimum before you can drive in the state.

• You must have bodily injury liability coverage of NOT less than $25k/$50k. This simply means that your policy must be able to pay up to $25,000 per person who suffers injury in an accident and up to a total of $50,000 per accident.
• You must have property damage liability of NOT less than $25k. This is to take care of properties that might be damaged in an accident you caused.
• You are also expected to have Uninsured Motorist coverage. This is to take care of accidents involving motorists without coverage.

Whoever is deemed to be at fault in an accident is held responsible for damages. This is known as the Tort system and that is what is practised in Georgia.

While you can consider yourself legally covered with this minimum requirement, it might NOT be the best for you depending on your peculiar situation. If you have substantial assets, for example, and incur damages that far exceed this minimum, you may be risking your assets as smart lawyers would easily go after them to ensure they get as much as possible in compensation.

Bearing this in mind, it is always a good idea to have an umbrella policy if you are a person of means. With it you can rest assured that you will be safe even in the face of the craziest of lawsuits.

Get a Georgia Auto Insurance Quote

Home Insurance in Georgia

There is NO minimum requirement for home insurance in Georgia. It is something that you buy for your own good. But it is a fact that every mortgage company will definitely insist that you have adequate coverage to protect their investment. It is in your best interest, though, to protect your investment with good coverage even after you have paid off your mortgage.

While buying your policy, take note that there are specific weather-related perils that Georgia is susceptible to. Take into account tornadoes, hurricanes, thunder plus lightning and hail. It will be wise to ensure that you get policies that cover these perils.

Furthermore, it is important that you understand that your standard home insurance policies don't cover you from flooding. This refers to water damages to your property from natural phenomena.

You can get a flood policy from your local government provided it participates in the Federal Flood Program. You can get more information on this by calling 800-427-4661.

Get a Georgia Home Insurance Quote

Health Insurance in Georgia

People who are self employed are usually the ones who have to take care of their health insurance policies themselves. Most employees already have some form of coverage with their employers. If you are looking for individual coverage, find out what your peculiar needs are and pick a plan that works best for you.

Don't allow anyone to defraud you. NO insurer can offer you a lower rate for a particular health plan. It's the law. However, there are over 10,000 different plans to choose from so you have to ensure you make out a detailed list of what's most important to you before you think about choosing a plan. Although you need adequate coverage you don't need an expensive plan that offers more options than you need.

Get a Georgia Health Insurance Quote

Life Insurance in Georgia

It is very important that you have the right policy. You can buy a life policy as a form of investment or you can buy one just to protect your loved ones and investments in case you pass on.

Most bread winners opt for term life policies as these offer them the biggest coverage for each dollar spent. It helps them ensure their kids get to live the quality of live they planned for them no matter what happens.

There are many uses of a life insurance policy. You just need to take the time to discuss with your agent (or do extensive research) to pinpoint what would serve you best.

Get a Georgia Life Insurance Quote

Tips To Help You Save On Insurance In Georgia

There are things you can do to reduce your overall insurance spend in Georgia. Here are some that stand out.

• Make sure you avoid vehicles that have high theft rate. The Honda Accord has the highest theft rate in Georgia according to reports. So you should expect to pay much higher premiums for it than a car that has a low theft rate all other things being equal.
• Maintain the minimum liability coverage on your auto and home policies and then buy an umbrella policy to give you extensive liability coverage. You can get umbrella coverage worth $1 million with just about $100.
• Make sure you don't duplicate coverage across your different policies. If, for example, you have a health insurance plan that provides coverage for injuries sustained in an auto accident then you don't need to add PIP (Personal Injury Protection) to your auto policy.
• Pick a high deductible amount if you want lower rates. However, think through this properly as you'll have to contribute this amount whenever you file a claim.
• Take your time to get and compare rate quotes. It's a sure way to find the best deal for you. However, make sure you don't just focus on the insurer that offers you the lowest price. Consider their financial standing, claims resolution history and general attitude to customers.

Contact Salter Insurance Agency to get more insurance tips and strategies to get the best value.