The GMAC Insurance Group, a major US-based automotive insurance provider, has stated earlier today that it’s lowering its rates in the state of Georgia. GMAC policyholders with Georgia-registered vehicles will be paying approximately 7% less a year for their car insurance, say GMAC representatives.

The savings will come in a variety of forms and will differ on a customer-by-customer basis. The savings will mostly take the form of annual premium deductions. However, the amount of money that is deducted will be determined by variables different for every driver, such as where in Georgia they reside, what type of vehicle they drive, their age, and the amount of coverage they have.