Best Cheap Car Insurance in South Carolina 2022 – Forbes Advisor


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Drivers looking to find a good deal on car insurance in South Carolina would be wise to shop around. We evaluated 13 car insurance companies in the state and discovered dramatic price differences.

Related: The best car insurance companies

Finding Cheap Car Insurance in South Carolina

Cheap car insurance in South Carolina for good drivers

Safe drivers who avoid tickets and cause accidents can find good insurance rates in South Carolina, but not from all companies.

If you have a good driving record, check quotes from American National, Geico and Travelers. If you are a member of the military or a veteran or their family member, USAA may be a good option.

Related: Cheap car insurance for 2022

Cheap car insurance in South Carolina for drivers with speeding tickets

South Carolina drivers with a speeding ticket pay an average of $2,500 for car insurance, according to our analysis. But you can find cheaper rates by comparing car insurance quotes.

Consider American National and Geico if you’ve recently been pulled over for speeding – they have the best rates of the companies we reviewed. Travelers and State Farm are also options for cheaper fares.

Cheap car insurance in South Carolina for drivers who have caused an injury accident

Causing an accident resulting in injury to someone else usually means higher car insurance rates at policy renewal. Yet how much higher depends on your insurance company.

If you have a recent at-fault accident on your record and are looking for cheaper auto insurance, get quotes from American National, Geico and Travelers to see if you can find a better rate.

Cheap car insurance in South Carolina for drivers with bad credit

You probably know that accidents and traffic tickets raise your rates, but you might not realize that your credit also plays a vital role in your car insurance costs. Insurance companies say data shows drivers with bad credit are more likely to file claims, so they charge them more.

American National and Geico are two insurers to check out if you have bad credit and are looking for cheap auto insurance in South Carolina. Keep in mind that car insurance discounts can help you save money, regardless of your credit.

Cheap car insurance in South Carolina when adding a teen driver

Putting a teenager on your car insurance policy can increase costs more than if you got a speeding ticket or caused an accident in South Carolina. But rates vary by insurance company, so it pays to compare quotes from several different insurers.

If you’re looking for cheap insurance after adding your teen to your coverage, consider Nationwide and State Auto.

No matter which insurer you choose, be sure to ask the company about any discounts that may help offset some of the increase.

Related: Best Cheap Car Insurance for Teenagers

Cheap car insurance in South Carolina for young drivers aged 18-25

Consider American National if you are a young driver in South Carolina. Travelers and Geico are also insurers to check out if you’re looking for an affordable policy.

Don’t forget to ask for student car insurance discounts if you’re in school.

Cheap car insurance in South Carolina for drivers age 65 and older

Older drivers can generally pay more for their car insurance than a few decades ago. That’s why it’s a good idea to get quotes from other auto insurance companies to see if you can save. Consider American National, Geico and Travelers if shopping for cheaper insurance.

Related: Best car insurance for seniors

Cheapest Vehicles for Insurance in South Carolina

In South Carolina, the Jeep Wrangler JL Sport, Honda CR-V LX and Subaru Crosstrek are among the cheapest in insurance, based on average rates for the top 50 selling 2021 models. The 20 cheapest are below.

The cars with the most expensive car insurance in South Carolina among popular models are the Tesla Model S Performance ($3,351 per year) and the Lexus ES 300H ($2,235 per year).

Related: The most and least expensive cars to insure nationwide

Mandatory car insurance in South Carolina

South Carolina auto insurance requirements center around liability coverage without the added hassle. Liability insurance pays for injuries and damages you cause to others. And if another driver is legally responsible for an accident, you can file a claim against their liability insurance or sue them.

Car owners in South Carolina must carry liability insurance with at least:

  • $25,000 for bodily injury to a person
  • $50,000 for bodily injury to several people in an accident
  • $25,000 for property damage in an accident

But the state minimum may be woefully insufficient if you cause a costly accident. Consider this: If you cause injury to multiple people, medical costs can quickly exceed the $50,000 minimum coverage in South Carolina. You can be sued for what your insurance won’t cover.

South Carolina also requires coverage for uninsured motorists. UM coverage pays for injuries and property damage if a driver without auto insurance hits you. You must purchase UM coverage of at least:

  • $25,000 for bodily injury to a person
  • $50,000 for bodily injury to several people in an accident

What else should I have?

Underinsured motorist coverage. South Carolina requires auto insurance companies to provide you with underinsured motorist insurance (UIM) but you are not obliged to take it. If a driver causes an accident but does not have enough insurance, your UIM coverage will pay for your injuries and property damage after the other driver’s insurance expires. It’s usually good to have.

Medical cover. Medical payments coverage (MedPay) can be invaluable after an accident because it will pay your medical bills regardless of who was at fault. These are usually small coverages, such as $1,000 or $5,000. It can also pay the deductible and co-payments for your health insurance plan.

And note this: if someone else caused an accident, you get a payout from both their insurance and your MedPay coverage. So if you have $5,000 in medical bills, you can get $5,000 from the at-fault driver and $5,000 from your own MedPay insurance. Sweet!

Similar coverage, Personal Injury Protection (PIP), also pays your medical bills, regardless of who was at fault. But unlike MedPay, PIP can also cover lost wages and services for jobs you can’t do because of the accident, like babysitting.

Collision and full coverage. No state requires collision or comprehensive coverage, but usually a car loan or leasing company will. Comprehensive, collision and comprehensive coverage car theft and damage to vehicles from hail, floods, fires, vandalism, falling objects such as tree branches, riots and collisions with animals.

Summary: Mandatory auto insurance in South Carolina

Can I show my insurance ID card from my phone?

In South Carolina, you can use your phone to show an auto insurance ID card. Check with your auto insurer to see if they have a mobile app that includes electronic ID cards.

Factors Allowed in South Carolina Auto Insurance Rates

Auto insurance companies typically look at your past insurance claims, driving record, vehicle model, and more when setting your rate. In South Carolina, companies can also use these factors.

How many uninsured drivers are there in South Carolina?

About 11% of South Carolina drivers are uninsured, according to the Insurance Research Council. If they cause a crash, you can try to sue them for payment. Or you can use your uninsured motorist coverage for injuries and damage to the car.

Penalties for driving without car insurance in South Carolina

If you are caught driving without insurance, you can be fined $100 to $200, plus $5 per day for each day you are uninsured.

When can a vehicle be totaled?

If your car is severely damaged in an accident or other event, such as flood or fire, it may be declared totaled under South Carolina law when repair costs would exceed 75% the fair market value of the vehicle.

Troubleshoot insurance issues

The South Carolina Department of Insurance is responsible for monitoring insurance companies and receiving consumer complaints. The department has an online complaint form.

Methodology

To find the cheapest auto insurance companies in South Carolina, we used rates from Quadrant Information Services, an insurance data and analytics provider. Rates are based on a female driver with a clean record insuring a Toyota RAV4 with $100,000 per person liability coverage, $300,000 per accident and $100,000 property damage liability coverage, uninsured motorist coverage and any other coverage required in the state. The rate also includes collision and all perils with a deductible of $500.

The companies assessed for South Carolina were Allstate, American National, Auto-Owners, Bristol West, Geico, National Grange Mutual, Progressive, Sentry, Southern Farm Bureau, State Auto, State Farm, Travelers and USAA. Rate analysis was performed in October 2021.

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