Monday, 9 February 2015

Georgia Vehicle Insurance Needs

Georgia requires analysis of insurance and continual liability coverage.

In Georgia, vehicle owners and lessees must fair minimum insurance coverage requirements in plan to register and chalk up licence plates; or to resume, convert or transfer existing licence plates, according to Georgia's Engine Vehicle Division. In form to validate check of insurance, society principle mandates that car insurance companies electronically submit latest insurance policy news, very as "terminations, additions or deletions of vehicles from existing policies," to the Georgia Electronic Insurance Compliance Development.

Liability Coverage

Proof of Insurance

Unless a vehicle is registered under the International Registration Plan, is legally self-insured or is covered under a fleet policy, the insurance policy information card, although required, is not acceptable proof of insurance in Georgia. To meet the proof of insurance requirement, the Motor Vehicle Department's tag and title database must have a "valid insurance coverage indicator" on your vehicle's record.

Machine owners and lessees in Georgia are "required to preserve continual necessary liability insurance coverage," according to the control's Engine Vehicle Division. Liability coverage must be at least $25,000 per person for bodily injury, $50,000 per occurrence and $25,000 per occurrence for property damage.

Insurance Policy Card

Insurance companies issuing automobile policies in Georgia are legally required to supply customers with an insurance policy information card for each vehicle insured and the insurance card must be carried with you whenever the vehicle is being driven.

The coverage indicator is added to the database upon registration of a vehicle and verification of insurance coverage. A valid binder from a Georgia insurer indicating the vehicle identification number or a bill of sale accompanied by a valid insurance declaration page can serve as proof of insurance for a maximum of 30 days.