Insurance

Aug 8 2017

Best Cheap Car Insurance in South Carolina for 2017 #cheap #car #insurance #north #carolina


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Best Cheap Car Insurance in South Carolina for 2017

For drivers with no at-fault accidents, DUIs or moving violations.

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Price

Young drivers usually don’t have as much to lose in a crash-related lawsuit as older drivers, and can therefore select leaner and cheaper policies.

We looked at quotes for drivers in their early 20s carrying the minimum state-mandated coverage limits. Allstate delivered the lowest average price at $688 per year. For comparison, this was nearly $400 less than the best deal we found for 30-year-old good drivers who had fuller policies. Farm Bureau was next cheapest for young drivers.

Cheapest for drivers with poor credit

For drivers placed in the “poor credit” tier.

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Price

For retirees, giving up the daily commute is a major plus when it comes to finding cheap car insurance in South Carolina. We looked at rates for drivers in their 60s who spend half as much time in the car each year as other groups.

All three of the cheapest insurers had rates that were lower than the best deal available for people half that age who drive to work. Farm Bureau, with rates averaging around $70 a month, was the best deal overall in our test.

Cheapest for drivers with a military connection

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If you’re an active member of the military or a veteran — or have an immediate family member who is — chances are good you’ll get a good rate with USAA, an option that isn’t available to the general public. USAA is the cheapest auto insurance option for every driver type above, often by a large amount. USAA customers also benefit from the insurer’s top-rated customer service.

Minimum car insurance requirements in South Carolina

South Carolina drivers are required to carry liability coverage, uninsured motorist bodily injury coverage (UMBI) and uninsured motorist property damage coverage (UMPD).

Here are the minimum amounts needed to drive legally:

  • $25,000 bodily injury liability per person
  • $50,000 bodily injury liability per accident
  • $25,000 property damage liability per accident
  • $25,000 UMBI per person
  • $50,000 UMBI per accident
  • $25,000 UMPD per accident

Although these limits will satisfy legal requirements, it’s wise for most drivers to get more than the bare coverage. The minimum car insurance might not be enough to fully cover accident costs, and the remaining balance would have to come out of your own pocket.

Visit NerdWallet’s guide to car insurance requirements by state for more detail on how coverage works.

Alternative car insurance in South Carolina

Drivers who ve been denied car insurance on the voluntary market within the past 60 days may qualify for coverage under the Associated Auto Insurers Plan of South Carolina. This option helps drivers who have checkered driving histories, extremely poor credit or other factors preventing them from getting traditional auto coverage.

NerdWallet can make it easy to find coverage at the most competitive price. Use our car insurance comparison tool to view rates from top insurers.

Here’s a summary of where you’ll find the cheapest rates, by category:

Cheapest car insurance in South Carolina 2017

For most categories, NerdWallet averaged rates from the largest insurers for 30-year-old men and women in 10 ZIP codes and with the following coverage limits:

  • $100,000 bodily injury liability coverage per person
  • $300,000 bodily injury liability coverage per crash
  • $50,000 property damage liability coverage per crash
  • $100,000 uninsured motorist bodily injury coverage per person
  • $300,000 uninsured motorist bodily injury coverage per crash
  • Collision coverage with $1,000 deductible
  • Comprehensive coverage with $1,000 deductible

We used a 2013 Toyota Camry in all cases. Our sample retired driver was age 67 and drove 50% fewer annual miles than other groups. Our sample young driver was age 22 and carried the minimum required coverage. These are sample rates generated through Quadrant Information Services. Your own rates will be different.

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