In South Carolina, the average cost of auto insurance is $ 558 per year for minimum state liability coverage, while full coverage is $ 1,512 per year. South Carolina law requires drivers to have state minimum liability limits to register and operate a car on the roads. As the second state in auto crash fatalities, drivers in South Carolina should consider purchasing enough coverage to financially protect them and their families in the event of a crash.
When purchasing auto insurance in South Carolina and other states, price is often a deciding factor in choosing the right auto insurance company. By purchasing multiple quotes from different insurance companies, drivers can determine which company offers the most coverage at the best price.
How Much Does Auto Insurance Cost in South Carolina?
The price that each driver pays for auto insurance rates in South Carolina is determined by a number of factors. The zip code you live in, your age, your driving record, the make and model of the vehicle and the necessary coverages are all important when purchasing auto insurance. The rates for South Carolina are just below the average cost of auto insurance in the United States, which is $ 565 for minimum state liability coverage and $ 1,674 for full coverage per year. .
Auto Insurance Rates in South Carolina by Company
As you can see in the table below, the cost of auto insurance in South Carolina varies by carrier, even when using the same driving profile. When trying to find the best and cheapest auto insurance in South Carolina, searching for multiple quotes is usually the easiest way to find a company for your auto insurance needs.
|Auto insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
|American National||$ 227||$ 505|
|Geico||$ 396||$ 1,203|
|Automobile owners||$ 424||$ 1,342|
|Allstate||$ 433||$ 1,379|
|Travelers||$ 460||$ 1,141|
|United States||$ 507||$ 1,447|
|Southern Agricultural Office||$ 568||$ 1,391|
|At national scale||$ 585||$ 1,326|
|Progressive||$ 598||$ 1,404|
|State farm||$ 616||$ 1,457|
|Farmers||$ 1,138||$ 2,781|
|American Independent||$ 1,472||$ 4,292|
South Carolina Auto Insurance Rates by City
To give an idea of how auto insurance costs differ by city in South Carolina, we analyzed quotes from the top 20 cities in the state by population. The table below shows the average annual premium for full coverage and the percentage difference based on the state average of $ 1,512 per year.
|City||Average annual premium for full coverage||% difference from the average annual state premium|
|North Charleston||$ 1,617||seven%|
|Rocky hill||$ 1,514||0%|
|Myrtle Beach||$ 1,428||-6%|
|Mount Pleasant||$ 1,512||0%|
|Fort mill||$ 1,372||-9%|
|Goose Creek||$ 1,537||2%|
|Green wood||$ 1,310||-13%|
Auto Insurance Rates in South Carolina by Age
Auto insurance rates also vary by age, with younger and inexperienced drivers paying the most for auto insurance. In South Carolina, drivers between the ages of 50 and 60 pay, on average, the lowest amount per year for auto insurance.
* 16 years calculated on the disclosure of the parents’ policy
Auto Insurance Rates in South Carolina by Driving Record
No matter what state you live in, cheap auto insurance rates are easier to find for drivers without traffic tickets and accidents on their driving record. Drivers in South Carolina with a speeding ticket pay an average of 19% per year more than drivers without a ticket. If you are involved in a at-fault accident, on average you will see a 42% increase in your auto insurance premiums. Obtaining a DUI in South Carolina will result in an increase in rates of approximately 70%.
|Driving incident||Average Annual Full Coverage Premium in South Carolina||% increase in average annual premium|
How To Save On Auto Insurance In South Carolina
When shopping for auto insurance in South Carolina, there are several ways to save on coverage costs. Finding affordable auto insurance rates can be more difficult if you have a traffic ticket, accident, or DUI on your record, but using these tips can also help you get cheaper coverage:
- Make an annual report: If you haven’t reviewed your auto insurance policy in the past year, you could be leaving valuable savings on the table. Go over your policy with your insurance agent to make sure you only have the coverage you need and nothing you don’t.
- Get multiple quotes: If you don’t want to change coverage but want more affordable auto insurance rates, looking for quotes and switching carriers may be the way to go. Compare the same coverage with all companies to see which one offers the best rates for the coverage you need.
- Increase a deductible: The higher your deductible, the lower the auto insurance rate, but that doesn’t mean it’s the best option for everyone. If you choose to go for a higher deductible, make sure you can pay the full amount out of pocket in case you need to file a claim in the future.
- Know the prices before buying a car: One mistake people can make when buying a new car is focusing only on the monthly car payment and not factoring in the cost of auto insurance. When shopping for cars, get quotes to compare different makes and models to determine what you can really afford.
- Benefit from discounts: Most auto insurance discounts are stackable, so the savings can really add up if you qualify for more than one. By bundling auto and home together, allowing the insurance company to track your driving habits and pay in full, you may be able to lower your auto insurance rates to save more money.
Frequently Asked Questions
Who has the cheapest auto insurance in South Carolina?
Auto insurance rates vary by carrier and individual driving profiles. To find the cheapest auto insurance options in South Carolina for your specific needs, buy from multiple companies to compare quotes with the same coverage.
How much does auto insurance cost per month in SC?
On average, South Carolina drivers pay $ 126 per month for full coverage auto insurance. For drivers with minimum state liability coverage, the average driver pays $ 46.50 per month. These rates are based on a driver with a clean driving record and may differ from rates offered by auto insurance companies in South Carolina.
Do you need auto insurance in South Carolina?
Yes, South Carolina requires state drivers to carry minimum liability insurance. Drivers must carry at least 25/50/25, or $ 25,000 per person for bodily injury, $ 50,000 for all persons for bodily injury and $ 25,000 for property damage liability. Auto insurance companies are required to offer the same limits for coverage for uninsured motorists, but you are not required to purchase it.
Is SC a State No-fault Auto Insurance?
No, South Carolina is a state responsible for auto insurance, which means fault is determined based on the circumstances of the accident. Whoever is found at fault is responsible for paying for the other person’s injuries and property damage, which is why licensed insurance agents encourage drivers to purchase the auto insurance coverage they can afford.
Bankrate uses Quadrant Information Services to analyze 2021 rates for all zip codes and carriers in all 50 states and Washington, DC Rates shown are based on a 40 year old male and female driver with a clean driving record , good credit and the following comprehensive coverage limits:
- $ 100,000 of civil liability for bodily injury per person
- $ 300,000 liability for bodily injury per accident
- Civil liability for property damage of $ 50,000 per accident
- $ 100,000 in bodily injury caused by an uninsured motorist per person
- $ 300,000 in uninsured bodily injury per accident to a motorist
- $ 500 collision deductible
- Global deductible of $ 500
To determine the minimum coverage limits, Bankrate used minimum coverage that meets the requirements of each state. Our basic profile drivers own a 2019 Toyota Camry, commute five days a week and cover 12,000 miles a year.
These are sample rates and should only be used for comparison purposes.
Age: The rates were calculated by evaluating our baseline profile with ages 18-60 (baseline: 40) applied.
Incident: The rates were calculated by evaluating our basic profile with the following incidents applied: clean criminal record (basic), responsible accident, single speeding ticket, single conviction for driving while intoxicated and forfeiture of coverage.