Can I get liability insurance only on a financed car in Georgia?

I just financed a car a year ago. While the insurance wasn't bad at first, it's suddenly gone up quite a bit. Can I drop full coverage on the vehicle and just get liability?

Answer
“You will likely not be able to drop full coverage (comprehensive and collision) on a financed car. This is because the car acts as collateral for the lender. Therefore, they will want to protect their asset with insurance.
If you want to pay less for your collision coverage and comprehensive coverage, start shopping around. Use the free Jerry app to compare affordable quotes from numerous insurers so you’re always getting the best price for full coverage.”
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Eric Schad
Answered on Apr 23, 2021
Eric Schad has been a freelance writer for nearly a decade, as well as an SEO specialist and editor for the past five years. Before getting behind the keyboard, he worked in the finance and music industries (the perfect combo). With a wide array of professional and personal experiences, he’s developed a knack for tone and branding across many different verticals. Away from the computer, Schad is a blues guitar shredder, crazed sports fan, and always down for a spontaneous trip anywhere around the globe.
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