After years of stable premiums, Georgia’s biggest car insurance companies have been pummeling drivers with rate hikes over the past two years.
The increases are the largest in a decade for many of the companies, with some filing more than two rate hikes in a year. The result: Georgia led the nation in 2014 with the highest overall increase in personal auto insurance rates. The state ranked second overall in 2013.
It’s a throwback to the 1980s, when auto premiums were soaring 10 percent or more a year and rising faster than almost anywhere else in the U.