Do you know what the minimum auto insurance requirements for the state of Georgia are?
If you own a business in the greater Atlanta area then listen carefully.
But realize that you can be putting your entire business at liability.
Georgia requires vehicle owners to purchase liability insurance for their vehicles. Liability insurance pays for injuries or property damage after an accident. As of 2010, drivers must purchase a minimum of $25,000 bodily injury liability insurance to cover the injuries of a single person in an accident. Additionally, drivers must have a minimum of $50,000 in bodily injury coverage to pay for the injuries of multiple persons. Drivers must also purchase a minimum of $25,000 in property damage liability insurance to pay for damages to another person’s property. source
Please remember these requirements apply whether you are getting an Atlanta, Savannah or an Augusta policy.
The law requires owners to hold continuous liability coverage for the entire time they own their vehicles. The DDS requires proof of insurance to issue driver’s licenses, vehicle registrations and license plates. Failure to provide proof of continuous coverage can result in loss of driving privileges and revocation of vehicle registration.
The state maintains vehicle insurance records in the Georgia Electronic Insurance Compliance System, a database system, and does not accept insurance cards as proof of insurance. The law requires insurance providers to Continue reading