Georgia Insurance Affordability: Rising Costs and Risks
Georgia insurance affordability is a growing concern as rising claim frequency and increasing insurer costs threaten the financial well-being of its residents.According to a recent issue brief by the Insurance Information Institute, the state’s below-average income juxtaposed with above-average insurance expenditures has led to Georgia ranking 42nd for affordable homeowners insurance and a staggering 47th for personal auto affordability.