Are women worse drivers than men? Atlanta insurers seem to think so.
Based on our recent survey of the city’s drivers, we found the average woman in Atlanta pays $84 more annually on auto insurance than the average man. Although this isn't a huge gap, it differs from the national trend of men tending to spend more than women on auto premiums.
Why is this? A Bloomberg.com article notes that men spend more time behind the wheel than women. Men also are likelier than women to speed and drive aggressively. In fact, 71 percent of those killed in car crashes in 2014 were men. Although women get into plenty of accidents, they tend to be less severe.
In Atlanta, the opposite seems to be true. While our study found that only 16 percent of women had tickets or accidents on their driving records (compared to 21 percent of men), women still have higher insurance rates. This is likely because the incidents women were involved in were more severe.
This same trend can be seen in Seattle where women pay $120 more a year than men. Women with tickets and accidents also pay significantly more than men with similar driving records—to the tune of $312 annually. Seattle women drivers have fewer tickets or accidents than men, yet the rate difference shows women were involved in riskier driving behavior.
That's not the only surprising discovery we made as a result of this survey, which asked people who call "The ATL" home how much they spend on their auto policies. (We also asked them to share information about their age, vehicle make and model, and driving record.) Two other interesting findings:
- Atlanta drivers with tickets and accidents pay about $350 more annually than those with a clean driving record.
- Newer model cars cost more to insure. A 2015-2017 Honda Civic averages $125 a month to insure, but a 2000-2004 model averages just $93 a month.
Keep reading to learn more about the cheapest car makes and models to insure in Atlanta, the average rates for people with tickets and accidents, and the city’s top-ranked insurance providers.
Average Monthly Car Insurance Rate in Atlanta
Insurance rates are up 9.6 percent across the country, according to a recent AAA study on driving costs. With gas prices the lowest they've been in years, more people are driving to get around. This influx of traffic means there's a greater risk for accidents. Cue a spike in insurance premiums.
While the national average for car insurance is $1,222 annually, Atlanta residents shell out even more for their coverage. They pay $1,716 a year, or almost $500 more than the typical American driver.
Here is a breakdown of how much Atlanta residents spend on auto insurance based on age and gender.
Average in Atlanta = $143
Although the city has many mass-transit options, most people in Atlanta rely on cars to get them around town.
Based on our survey, the typical “Hotlanta” driver spends $143 per month on car insurance. Keep in mind that this figure differs depending on factors beyond location, such as how old your car is, your gender, and your age.
Premiums also fluctuate based on how much and what kind of insurance coverage you buy.
- $25,000 of bodily injury liability per person
- $50,000 of bodily injury liability per accident
- $25,000 of property damage liability per accident
Males = $139
In most of the US, women pay less than men for car insurance. But in Atlanta, guys generally get a lower rate.
This may mean men here tend to be safer drivers than women. After all, the more claims, speeding tickets, and DUIs someone has, the higher their car insurance premium.
Females = $146
Although women in Atlanta spend more on car insurance than men, the good news is it isn’t by much. On average, they only pay seven dollars more a month than their male counterparts.
This changes when you factor in someone's driving record. Women with tickets or accidents on their records pay on average $132 more annually than men with tickets or accidents.
Rates By Age Group
Aged 18 to 24= $170
Unsurprisingly, the youngest age group surveyed—18- to 24-year-olds—spend more on car insurance than anyone else in Atlanta. Why? They’re inexperienced and they get into a lot of accidents. This makes them among the highest risk drivers out there as far as insurance companies are concerned.
Aged 25 to 34= $136
As you can see, insurance rates decrease dramatically once a driver hits 25. Following national trends, insurers typically charge people in this age group less than younger drivers. This is because people in this age group usually have more experience behind the wheel, and are seen as less of a risk.
Aged 35 to 44= $151
This demographic in Atlanta often pays a higher rate for auto insurance than the one before it. That may seem surprising at first, as most people in this age group have a lot of driving experience.
On the other hand, our survey found that these men and women also have more tickets and accidents than their younger and older counterparts. And a poor driving record can greatly increase a person’s insurance premiums, despite other factors.
Aged 45 to 54=$155
This group shows another increase in rates. This rise could be due to a number of factors. As people age and earn—as well as save—more money, they might upgrade their vehicles to newer, pricier models. More expensive cars cost more to insure, increasing someone’s rate despite their age.
Aged 55 to 64=$122
Once Atlanta drivers hit 55 to 64 years old, they see a dramatic decrease in what they spend on car insurance. Once again, chalk it up to experience. Another reason for these cheaper policies may be the generous senior citizen discount many insurers offer to people as young as 55.
Many insurance companies believe drivers from 55 to 65 years old are among the safest on the road. Most have decades of driving under their belt in all types of situations, and their premiums reflect that.
If you think you're paying more than you should for coverage, take a moment to compare quotes from several insurance companies to ensure you're getting the best deal.
The Real Cost of Tickets and Accidents
There are many factors that help determine a driver’s premium. Your driving record is one of the most important. Drivers with tickets and accidents, especially if drugs or alcohol were involved (DUIs), generally pay higher rates. This is because people with a lot of incidents on their record are considered high risk.
We surveyed Atlanta residents to find out how much tickets and accidents affect insurance rates. We then broke down our findings by age group to give a more specific idea of how much a person can expect to pay.
Drivers who reported tickets or accidents = 18%
Average monthly cost with tickets or accidents = $167
Average monthly cost without tickets or accidents = $138
In Atlanta, 18 percent of drivers admitted to having tickets or accidents. Drivers with clean records enjoy a savings of almost $30 a month on their insurance rates. That means besides having to pay for the fines and repairs associated with tickets and car accidents, those drivers spend an average of $360 a year more on car insurance.
Rates By Age With Tickets or Accidents
Premiums for those with tickets or accidents follow trends similar to those without any incidents. As expected, the youngest drivers pay the highest rates, with older residents paying less than the average Atlanta driver, even if he or she has a splotchy record.
Atlanta drivers who admit to being at fault are almost tied with those who have been in a no-fault accident.
With 20 percent of incidents allotted to speeding, Atlanta residents should be aware that insurers may drop policyholders if they rack up too many tickets. Even if their company retains them as a customer, their rates are almost guaranteed to increase.
Drivers who have a DUI on their record will face harsh penalties. Their insurance rates will likely increase, and their license will be suspended for a year. They also face jail time and a fine of up to $1,000.
Driving a Newer Car Costs More to Insure
Newer cars often are more expensive to insure than older ones, no matter where you live. Atlanta is no exception. Drivers who own newer cars here pay, on average, almost $100 more for car insurance than people who drive the oldest cars we surveyed.
Read on to find out exactly how much car owners pay on average in Atlanta based on their car’s age.
Rates by Age of Car
In general, the newer a vehicle is, the more expensive it is to insure. As you can see in the chart above, the most expensive cars to insure are from 2015 to 2017. At $184, Atlanta drivers with cars from these years spend about $40 more a month than the average car owner.
Average Rates by Car Make and Model in Atlanta
Below, we put together a list of the 10 most common cars and their average premiums, as well as the most expensive and cheapest makes and models in the city.
Did you know that your vehicle’s make and model can affect your insurance rates? While its age plays a part in determining your premium, the type of car you drive also matters. This is because insurers look at your vehicle’s safety record as well as its safety features.
Looking to save? Both Honda Civic and Nissan Altima drivers enjoy some of the lowest insurance prices in Atlanta.
Most Expensive Car Makes to Insure
Drivers who want to ride around in style have to pay to do so. Both Audi and BMW owners typically pay $200 or more in premiums than people who own less expensive autos. That’s around $700 a year more than the average driver in the city.
Remember, though, you may pay less than that based on your provider, your driving record, and any discounts that may apply.
Cheapest Car Makes to Insure in Atlanta
If cost of insurance is your main concern, consider buying one of the makes listed above. Dodge is cheapest to insure in Atlanta, at $115, with Kia coming in at $132 a month.
Of course, if you have a history of accidents or DUIs, your make won’t do much to lower your premium. Still, your premium will be lower than someone who owns a luxury car like a BMW.
And don’t forget, comparing rates at multiple companies is one of the best ways to save, no matter the kind of car you drive.
Car Insurance Rates by Top Companies (and Ratings, Market Share)
You’ve probably heard that it pays to shop around for car insurance. Here at QuoteWizard, we couldn’t believe more in the importance of comparing rates. But if you don’t believe us, the charts below might convince you.
Depending on what insurance company you choose, you could spend almost $200 more than someone in the same age group. And just because one company gives you a better deal now, that doesn’t mean it will continue for the rest of your driving career. Let us help you find the most affordable car insurance company in Atlanta for your coverage needs.
Rates for 18-24 Year Olds
As you can see, Liberty Mutual gives younger drivers the best deal, with an average of $133 a month. This price is even lower than Atlanta’s average, overall insurance rate.
Rates for 25-34 Year Olds
Rates for this group drop significantly, as is to be expected. Since drivers under 25 are considered “high risk,” car owners see a drastic decrease once they hit their mid-20s.
Although the rates given to 25- to 34-year-old drivers are lower across the board, Liberty Mutual offers the best rates of all the insurers named in this survey by far. When compared with their next closest competitor, State Farm, Liberty Mutual would save you $432 annually.
Rates for 35-44 Year Olds
Drivers in the 35- to 44-year-old age range pay more overall than the previous demographic. But if you compare the charts, you’ll see this isn’t true for every company.
For instance, GEICO policyholders save $70 per month as they get older.
Rates for 45-55 Year Olds
Rates for 55-64 Year Olds
The charts above highlight the fact that age plays a significant role when it comes to the cost of car insurance. With the exception of Farmers, all other companies offer a reduced rate for 55- to 65-year-olds.
While Allstate remains the most expensive provider between these two groups, GEICO is the cheapest option for older drivers, followed closely by State Farm and Liberty Mutual.