Georgia Auto Insurance coverage Laws and Georgia Car Insurance Specifications
Georgia auto insurance coverage laws happen to be constituted and rigorously enforced in order to make sure the safety of all road users in the state. To this finish, the state demands all drivers to carry mandatory minimal liability coverage. The state authorities in Georgia also sustain an electronic database containing the records of all drivers' present, valid insurance policies. When these records are allowed to lapse, drivers can face a fine and potential suspension of their registration.
The stipulations of Georgia auto insurance coverage requirements enable for drivers to get other proof of monetary responsibility instead of a standard insurance coverage policy. The Workplace of Insurance and Safety Fire Commissioner can enable drivers to self insure. Whether you self insure or acquire a regular policy, your coverage will must be registered with the Georgia Electronic Insurance coverage Compliance Program.
Below Georgia auto insurance laws, the minimum liability coverage includes $25,000 for injury or death of one particular accident victim, $50,000 for injury or death of more than one individual and $25,000 for damage to property. Drivers with an outstanding auto note or lease are needed by state law to carry far more than the minimal needed liability coverage. In most circumstances, the lien holder or leasing company will set its personal minimal limit for coverage to offset any financial losses on the loan.
You can find exemptions towards the auto insurance needs. They incorporate men and women within the military and men and women with a vehicle that has been sold, stored or salvaged. In the event you fall under any of these categories, you ought to check with the state authorities and make sure you file a appropriate affidavit in order to keep away from receiving penalties.
Proof of insurance coverage has to be offered according to Georgia auto insurance specifications whenever you register your vehicle, if you're pulled over for a traffic stop or at the scene of an accident. Drivers located operating their vehicles with out proper insurance coverage are liable to face a maximum fine of $1,000 and as much as a year of jail time.
Drivers may also incur penalties when lapses in coverage are detected by the electronic database. A lapse is regarded as ten consecutive days without having coverage. Any individual discovered to have permitted their insurance coverage to lapse will probably be charged a $25 lapse fee and have their registration suspended. A $60 reinstatement fee is going to be necessary to get the registration reactivated.
Below Georgia car insurance laws, fines along with other penalties enhance for subsequent lapses. A second lapse within five years carries a mandatory 90 day registration suspension. A third lapse within 5 years will incur a $160 registration fee along with the $25 lapse fee; also as a six month registration suspension.
The state of Georgia regards enforcement of auto insurance really seriously. The state desires to help keep all of its roads safe and consequently needs all drivers to take appropriate measures to cover any and all eventualities. As a driver, be sure that you simply have suitable insurance coverage coverage in order to make your driving encounter in Georgia a safe and pleasant 1!