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Best Ways To Get Car Insurance In South Carolina

Across the Palmetto state, there are mountains, lakes, beaches, and 139,690 miles of road just waiting for you to explore in South Carolina.

History comes alive for you when living in South Carolina. Almost every street has a story to tell, especially in Beaufort the second oldest city in SC. 

Gas taxes are low, which means the costs of transportation are the lowest in the US. Before getting on the road though it is important that as a motorist one has an auto insurance policy bearing in mind that the average South Carolina driver spends about $1,122 per year on car insurance. 

Drivers looking to find a good deal on car insurance in South Carolina would be wise to shop around, you might notice that prices vary widely.

Car insurance companies consider factors outside of your location, such as your age and driving record. Several factors go into the equation when determining your car insurance premiums, factors like credit score,  marital status, vehicle type, previous coverage, and miles are driven can all play a role in the amount you’ll pay for coverage. 

It’s important to compare prices and policies to save. You’ll want to get quotes from different companies and compare them to ensure that you’re getting the best price for yourself. 

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Minimum Car Liability Insurance Requirements In South Carolina

In South Carolina, all drivers must have liability coverage. Minimum coverage car insurance is cheaper than full coverage car insurance for the same person. However, the rates are low because you are opting for the lowest amount of coverage that you can drive legally.

If you’re involved in an accident, liability insurance covers damage you cause to the other vehicle, driver, and passengers. If you finance or lease your car, your lender probably requires comprehensive collision coverage. 

The two main components of liability insurance are bodily injury and property damage which most states require. Liability insurance also includes uninsured motorist and underinsured motorist coverage.

This policy protects you when an at-fault driver hits you, and they have no coverage or not enough coverage. Bodily injury liability covers medical expenses due to an at-fault accident, and property damage liability covers the loss of tangible property.

Events That Can Impact Your Cheap Rates In South Carolina

Most drivers will find that their car insurance rates fluctuate as life circumstances change. Certain events can cause your rate to increase temporarily, but time or precautionary measures may help you obtain lower rates. Here are some situations that can lead to a more expensive car insurance premium:

Adding A Teen Driver To Your Policy

Due to a lack of driving experience and because of the risk presented by inexperienced drivers. Young drivers pay extraordinarily high auto insurance rates Teens are more likely to get into accidents, leading insurers to charge higher rates to compensate for claim payouts.

However, your rate will eventually start to drop as the driver gets older and builds a track record of safe driving. In addition, discounts for good students or safe driving can help provide savings.

Getting A Speeding Ticket

A speeding ticket typically stays on your driving record for three to five years and can lead to rate increases for the duration of that period. After that period ends, the violation will be removed from your record, and your rate may decrease at your next renewal period.

Practicing safe driving can keep rates low or qualify you for additional discounts from some insurers.

Being A High-Risk Driver

High-risk drivers often pay the highest car insurance rates, as they are the most likely to lead to a claim and payout from the insurer.

You might be considered a high-risk driver if you have been convicted of a DUI, were caught driving uninsured, or even if you have bad credit (in many states). If you find yourself in the high-risk category, it will likely affect the way you shop for cheap car insurance due to carrier eligibility restrictions for coverage or competitive rates.

Causing An Accident

Getting into an accident can have an impact on car insurance premiums, especially if you are at fault for the collision.

Most collisions stay on your record for about five years, during which time your insurance premium will be higher. Causing an accident resulting in injury to someone else typically means higher car insurance rates upon policy renewal.

How To Lower Insurance Rates In South Carolina

Increase Your Deductibles

When selecting car insurance, you can typically choose a deductible, which is the amount of money you would have to pay before insurance picks up the tab in the event of an accident, theft, or other types of damage to the vehicle.

The catch is that generally speaking, the lower the deductible, the higher the annual premium. Conversely, the higher the deductible, the lower the premium

Take Advantage of Multi-Car Discounts

If you obtain a quote from an auto insurance company to insure a single vehicle, you might end up with a higher quote per vehicle than If you insure multiple cars with the same insurance company, you will likely qualify for a multi-car discount. This type of discount is an excellent way to offset the cost of insuring multiple vehicles.

Improve Your Credit Rating

A driver’s history is a big factor in determining auto insurance costs. After all, it makes sense that a driver who has been in a lot of accidents, especially at-fault accidents could cost the insurance company a lot of money. However, people are sometimes surprised to find that insurance companies may also consider credit ratings when determining insurance premiums.

Drive safely

This should go without saying, but in today’s age of increasing road mishaps, this bears mentioning as much as possible. The more mindful and careful you are, the more accidents or moving violations you’ll be able to avoid events that raise your insurance rates. 

Review Your Coverage

Dropping certain types of coverage can be important in maximizing dollar use. Although such a decision requires forethought and consideration. After all, nobody can predict if or when an accident will occur. However, if you are driving an extremely old automobile that’s on its last legs, it may make sense to drop collision or comprehensive coverage.

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