Best Car Insurance In South Carolina 2021 – To drive legally in South Carolina, you must have minimal liability coverage. On average, you can expect to pay around $693 to meet these requirements, which is about 5% above the national average. Failure to maintain the appropriate minimum level of car insurance In South Carolina may result in a fine and suspension of your license until the appropriate insurance is obtained. Once you are insured, you must pay at least $100 to get your license back.
Best Car Insurance In South Carolina
Many companies sell car insurance in South Carolina, which gives drivers an excellent opportunity to purchase the best auto insurance in South Carolina.. Below is a list of the most popular auto insurance companies in the state and average annual premium rates for full coverage.
- The Hartford: $760.
- GEICO: $1063.
- USAA: $1319.
- Auto-Owners: $1339.
- State Farm: $1416.
- Southern Farm Bureau: $1586.
- National Grange Mutual: $1610.
- Nationwide: $1774.
- Safe Auto: $2856.
- Travelers: $1370.
- Allstate: $1405.
- Progressive: $1411.
South Carolina Car Insurance Premiums by Gender and Marital Status
While gender can affect our auto insurance rates in South Carolina, the differences usually flatten around age 30. Men usually pay more than women when they are younger, simply because statistically, younger men are more likely to be involved in accidents. The fare difference can be as high as $300 between a 16-year-old girl and a boy, but at 25, the difference is only about $10.
Singles will also pay more than married people, averaging $125 per year. This is not due to the statistically high accident rate, but rather to the fact that married people tend to divide driving duties.
South Carolina Auto Insurance Premiums by Driver Age
Like most states, insurance rates for younger drivers are much higher. This is due to a lack of driving experience and more traffic violations and accidents. In South Carolina, teen drivers can pay an average of $5,200 a year. This average drops significantly around age 20 to an average of $1800 for full coverage. Drivers between the ages of 40 and 60 often see the best prices, averaging $1,200 per year.
Average South Carolina Insurance Rates after a Violation or Accident
According to The Zebra, auto insurance rates are more likely to go up after you’ve accepted a moving offense or after you’ve been convicted of an accident. The amount of the excess depends on the step infringement, the total cost of insurance payments, or the quote submitted regarding the accident. Each insurance company will have its own formula to determine this increase.
On average, in South Carolina, you can expect to pay 33% more after a DUI, 31% more after a wrongful accident, and 16% more after a speeding ticket.
South Carolina Auto Insurance Premiums by Credit Tier
Aside from your driving history, your insurance premiums can also be affected by your credit score. Those with poor credit ratings will, on average, pay up to 8 percent more in annual installments than those with good or very good credit scores.
Cheaper South Carolina Cities
There are also areas in South Carolina with fewer residents or more rural areas, where drivers will find annual car insurance premiums to be lower. Some of the cheapest places in South Carolina for auto insurance are:
- Simpsonville: $1206.
- Greenwood: $1232.
- Easley: $1233.
- Maudlin: $1250.
- Greer: $1254.
Expensive South Carolina Cities
Location is also a factor that can play a role in how expensive your premium price is. The more densely populated a city, and more traffic, the more likely it is that your insurance premium costs will rise. This is because more cars on the road means you are more at risk of getting into an accident. Here are some of the most expensive cities in South Carolina to have insurance and what you can expect to pay an annual premium for.
- North Charleston: $1508.
- Florence: $1502.
- Summerville: $1496.
- Goose Creek: $1472.
- Charleston: $1470.
List of Insurance Companies in South Carolina
Many insurance companies provide information in South Carolina that will help you find the perfect company for your needs. Some of the cheaper companies are The Hartford, USAA, GEICO, and Auto-Owners. GEICO is a popular choice among those who prefer to manage their policies online. At the same time, car owners are a preference for those who like personal contact with dealerships, as stated by the Motor1 website.
Several other well-known insurance options in the United States include State Farm, Allstate, and Progressive; This all goes in the middle of the pack when it comes to price. However, each of these companies offers several discount options that can help you get the best deal on your policy.
Insurance companies that operate the premium premium spectrum include Southern Farm Bureau, National Grange Mutual, Nationwide, and Auto Safe. Despite their high rates, they all get high marks for customer experience.
No-Fault Insurance in South Carolina
South Carolina is a guilty state, which means that in the event of an accident, the insurance of a driver deemed at fault will be financially liable to cover the medical costs and repair bills of the driver and passengers involved in the accident. incident. If you get into an accident without insurance, this financial responsibility will fall on you, which can lead to serious debts and even bankruptcy.
Thus an explanation of car insurance in South Carolina that you can know. Hopefully the description above can provide useful information.