Quick Answer: Why Is South Carolina Car Insurance So High?

Is car insurance more expensive in South Carolina?

Car insurance in South Carolina is expensive because drivers are required to have personal injury protection and some drivers can legally drive uninsured if they pay a fee to the state.

As the cost of providing insurance goes up, the premiums insurers charge also rise..

How can you lower your car insurance?

Nine ways to lower your auto insurance costsShop around. … Before you buy a car, compare insurance costs. … Ask for higher deductibles. … Reduce coverage on older cars. … Buy your homeowners and auto coverage from the same insurer. … Maintain a good credit record. … Take advantage of low mileage discounts. … Ask about group insurance.More items…

Who actually has the cheapest car insurance?

Cheapest Car Insurance CompaniesUSAA is the cheapest car insurance company, and it offers the lowest car insurance rates in the country, according to our analysis. … Geico is the second-cheapest car insurance company, with a study rate of $1,168 annually. … State Farm is the third-cheapest car insurance company in our study.More items…•

Is it better to have a $500 deductible or $1000?

A higher deductible means a reduced cost in your insurance premium. … A low deductible of $500 means your insurance company is covering you for $4,500. A higher deductible of $1,000 means your company would then be covering you for only $4,000.

Why is my insurance quotes so high?

Insurance companies don’t like drivers with tickets. Good drivers are rewarded by paying less for car insurance because they’re less likely to file a claim. … You may be deemed a “high risk driver.” You typically pay higher car insurance premiums because people with bad driving records tend to file more claims.

Who has the cheapest car insurance in SC?

Find Cheap Auto Insurance Quotes in South CarolinaRankInsurerAverage annual premium1Auto-Owners$5672GEICO$6873State Farm$6884Southern Farm Bureau$8585 more rows•Nov 12, 2020

How much does car insurance cost in South Carolina?

Car insurance in South Carolina costs roughly $98 per month, or $1,178 per year, on average. That is less than drivers in other states typically pay for car insurance.

Is SC A no fault car insurance state?

Unlike so-called “no-fault” states, South Carolina uses a fault based system for dealing with car accidents. … In a no-fault state each damaged party exhausts his or her own personal insurance first, no matter who caused the accident.

Is car insurance cheaper in SC or FL?

The typical annual car insurance rate in North Carolina is $901 less expensive than in Florida. The precise cost will depend on your coverage, driving history, and your auto insurance company.

What car insurance is the cheapest for full coverage?

The cheapest companies for full coverage car insuranceAt $109 per month, USAA is the cheapest full coverage option of all sampled insurers. … On average, Erie insurance is also cheaper than State Farm at $127 per month.More items…•

What is the minimum car insurance in South Carolina?

Minimum SC Car Insurance Coverage Requirements Property Damage: $25,000 per accident. Bodily Injury: $25,000 per person and $50,000 per accident. Uninsured Motorist Bodily Injury: $25,000 per person and $50,000 per accident. Uninsured Motorist Property Damage: $25,000 per accident with a $200 deductible.

Does owning a car lower your insurance?

In some cases, your car loan and car insurance will be linked, and paying off your car loan can also open the door to lower car insurance premiums.