Salute Friend

Guide to Indemnity Insurance Laws and Rules

In the state of Georgia, all drivers are mandated to have 25/50/25 insurance policy. This signifies that, your Georgia car insurance policy is demanded by law to hold bodily injury coverage of $25,000 per person, $50,000 per accident and then $25,000 to cover any property damage. Because this is demanded by law, if you are witnessed not to hold car insurance coverage, you can be fined $200 or have your license suspended.

In Georgia, when an automobile accident happens, somebody is always held answerable - this is how the law works under tort law. Obligation for financial restitution lies in the hands of the person found answerable as well as their insurance company. In GA, motorists are not demanded to extra coverage such as personal injury protection (PIP) or uninsured/underinsured insurance coverage. Just because the state does not mandate these policies doesn’t mean that they are not valued alternatives for complemental coverage. Many Georgians sign up for these optional car insurance products to ensure enough coverage in the event of a collision. These are just a handful of the regulations in GA to protect individuals and their automobiles. To ensure compliance with these laws, insurance firms are obliged to share information about your policy with the Department of Revenue by way of a statewide database. Concurrently, it is urged to keep proof of your car insurance with you each time you drive. Without your insurance card, if you are stopped by a law enforcement officer or involved in an accident, you could be fined $200 or even have your license suspended.

GA is not a no-fault state, but instead, they run under Tort law. This intends that for all automobile accidents, one of the motorists must be found to be blamable and they, along with their car insurer, will be held responsible for damages resulting from the automobile accident.

Personal Injury Protection - This type of incremental coverage covers extra medical damages and other expenses that are not covered under a standard policy.

uninsured or underinsured Coverage - This optional insurance coverage covers you in the event you are in a motor vehicle accident with an uninsured/underinsured driver. Since the person doesn’t have an car insurance company to pay for damages, this insurance coverage will help to pay for them.

To guarantee compliance with the law, GA insurance companies are mandated to provide details of your car insurance policy to a statewide database kept by the State of Georgia Dept. of Revenue. It is also recommended to carry proof of insurance policy with you everytime you drive. You may be asked to show this proof if you are involved in a car accident or are stopped by the police.