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?

Apr 23, 2021
Answer provided by
avatar
Eric Schad
Answered at Apr 23, 2021
“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.”
Car InsuranceGeorgia
thumb-up

Did this answer help you?

Ask us a question by email and we will respond within a few days.
thumb-up

Have a different question?

You can meet us at our office and discuss the details of your question.

Easiest way to compare and buy car insurance

√
No long forms
√
No spam or unwanted phone calls
√
Quotes from top insurance companies