Cheap South Carolina Car Insurance For Drivers With Poor Credit
You probably know that accidents and tickets increase your rates, but you might not realize that your credit also plays a vital role in your car insurance costs. Insurance companies say data show that 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 poor credit and are looking for cheap South Carolina car insurance. Keep in mind that car insurance discounts can help you save money regardless of your credit.
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Auto Insurance Data Methodology
The auto insurance rates published in this guide are based on the results of research completed by Way.coms data team. Using a mix of public and internal data, we analyzed millions of rate averages across U.S. ZIP codes.
Quotes are typically based on a full coverage policy average unless otherwise noted within the content.
These rates were publicly sourced from insurer filings and should be used for comparative purposes only your own quotes will differ. Given this, its important to go through our insurance steps form to find how much you can save with way.com
Cheapest Auto Insurance In South Carolina For 60
Drivers with poor credit in South Carolina can look at the following companies with the lowest average rates for full coverage:
Nationwide: $1,745 per year, or about $145 per month.
American National: $1,775 per year, or about $148 per month.
Travelers: $1,901 per year, or about $158 per month.
Geico: $2,045 per year, or about $170 per month.
Allstate: $2,080 per year, or about $173 per month.
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Best Cheap Car Insurance Companies In South Carolina
How we chose our best picks
To help you find the best cheap car insurance in South Carolina, our editorial team gathered quotes from the top auto insurance companies in the state across every ZIP code.
Quotes for minimum coverage meet South Carolina’s state minimum requirements of $25,000 in bodily injury liability coverage per person and $50,000 per accident, plus $25,000 in property damage coverage, along with matching uninsured motorist limits. Quotes for full-coverage policies include collision and comprehensive coverage, plus higher liability limits than state minimums.
In addition, we rated the best South Carolina companies based on costs for different drivers, customer service, convenience and coverage availability.
Compare Recent Car Insurance Quotes In Charleston
Your vehicle plays a big part in how you rate for car insurance. The more your car is worth, the higher your car insurance rate. To lower your monthly premiums, you can set a higher deductible, but youll need to pay that deductible if you have an accident. Generally speaking, the newer a car is, the more its worth, and you may pay more in premiums, but the latest safety features will earn you a discount. The overall safety ratings of a car are also considered when determining your rate. In Charleston a driver of a 2019 Nissan Sentra can expect to pay around $234.87 per month while someone that owns a 2011 Hyundai Sonata may pay around $128.25 per month. Check out the list of recent quotes in Charleston below.
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Fast Facts About Car Insurance In South Carolina:
South Carolina requires insurers to offer a zero-dollar deductible on windshield repairs. Learn more about glass and windshield damage.
Medical payments coverage isn’t mandated in South Carolina. If you pass on this coverage, make sure you have health insurance to cover medical bills resulting from an auto accident.
In South Carolina, a felony insurance fraud conviction could result in a prison sentence of up to 10 years. See steps for properly filing an auto insurance claim.
What Is Basic Car Insurance In South Carolina
Basic car insurance in South Carolina refers to the minimum coverage required by law. Every driver must get car insurance that meets statutory requirements. The states basic car insurance limits are 25/50/25. That means your policy should have up to $25,000 in bodily injury coverage per person, up to $50,000 per accident and $25,000 property damage coverage per accident. Additionally, it should also have uninsured motorists coverage of the same amount.
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Minimum Coverage Requirements For South Carolina Drivers
Driving without insurance in South Carolina is illegal. Before purchasing car insurance, you may want to brush up on South Carolinas car insurance laws. Failure to carry insurance that meets minimum requirements can lead to steep fines or penalties. South Carolinas minimum auto insurance requirements include:
- $25,000 bodily injury liability per person
- $50,000 bodily injury liability per accident
- $25,000 property damage liability per accident
- $25,000 uninsured motorist bodily injury per person
- $50,000 uninsured motorist bodily injury per accident
- $25,000 uninsured motorist property damage per accident
Underinsured motorist coverage must be offered but can be declined in writing. The cheapest auto insurance in South Carolina is associated with a minimum coverage policy. However, most drivers are encouraged to purchase full coverage insurance because it provides a greater degree of financial protection from a costly loss. Robust policies include financial protection for your vehicle, such as collision and comprehensive, as well as medical payments coverage. If you lease or finance your vehicle, most lenders require a full coverage policy.
What Is The Minimum Car Insurance Requirement In South Carolina
How much car insurance do you need in South Carolina? The minimum car insurance requirements in the United States differ from one state to the other.
In South Carolina, your policy should include the following requirements:
- $25,000 in bodily injury per person
- $50,000 for everyone injured in the accident
- $25,000 for property damage per accident
- 25/50/25 uninsured motorists coverage plus a deductible of $200
It is also compulsory for insurers in South Carolina to provide underinsured motorist coverage, similar to uninsured motorists coverage. Drivers may also buy additional coverage depending on the desired level of protection. In addition, you can purchase additional coverage if you wish to get more protection for yourself and your car.
Compare Auto Insurance Rates
Ensure you’re getting the best rate for your auto insurance. Compare quotes from the top insurance companies.
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How Many Motorists Are Uninsured/underinsured In South Carolina
Driving without liability insurance is both risky and illegal. That said, motorists continue to do so every year in South Carolina. When it comes to uninsured drivers, South Carolina is in the middle of the pack compared to other states. Roughly 10.9 percent of all motorists drive without insurance coverage, according to the Insurance Information Institute .
Information About Auto Insurance In South Carolina
Residents of the Palmetto State might talk of the beautiful beaches and open air markets, but South Carolina is also home to more than five heritage driving tours that trace the state’s centuriesa long cultural evolution. Of course, before you start your journey, you’re going to need auto insurance in South Carolina. If you’re caught without proof of car insurance, according to the South Carolina Department of Motor Vehicles , it could mean suspension of your license and registration and fines up to $200. In fact, you can’t register or renew registration on any vehicle in South Carolina without having auto insurance first. You can get a South Carolina auto insurance quote online.
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Get A South Carolina Car Insurance Quote Today
If you are a South Carolina driver, you must carry the minimum amount of car insurance required by law. Depending on your circumstances, you might benefit from additional coverage above and beyond the minimum amount of liability insurance. Other policies could increase those limits or provide coverage even if you were at fault in an accident.
If you are ready to learn about your options, you can get started with a quote online or visit us at a South Carolina office near you. Or, you could call us at for a free quote.
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What Increases Car Insurance Rates In South Carolina
South Carolina ranks as the second most-dangerous state to drive in, based on our data. More than 22% of drivers have an incident on their driving record. Notably, the state takes the top spot for the highest percentage of accidents and ranks eighth for speeding tickets. Drivers with any violations on their driving record should expect higher premiums.
South Carolina is one of the countrys most likely states to experience hurricanes and other tropical storms, according to the South Carolina Emergency Management Division. Specifically, storm surge has the ability to place life and property at risk. Auto insurers operating in the state keep that in mind when setting statewide rates.
The Cheapest Companies For Minimum Coverage In South Carolina
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 with legally. If you want to buy a minimum coverage policy from one of the cheapest car insurance companies, Bankrates study found these five providers have the cheapest average rates in South Carolina:
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| $38 |
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Should You Get The Cheapest Car Insurance In South Carolina
While choosing a car insurance provider, the cheapest option may not always be the best for your needs. MoneyGeek recommends getting your policy from a company that balances affordability and customer service. In South Carolina, GEICO tops the list in terms of affordability and is also our top choice for balancing cost and service quality.
Policies with lower coverage amounts often cost less and can help you save on your premiums. However, they offer less protection during an accident. For instance, the minimum coverage policy does not cover you and your car after an accident.
Quotes For Senior Drivers
The following table compares how different insurance factors affect average monthly rates for drivers 59 and older. Senior drivers in their 60s and 70s typically pay lower rates than those in their 80s in South Carolina. Travelers provides drivers with an accident in their driving history the cheapest average rate of just $118 per month, followed by $152 per month with Nationwide.
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South Carolina Driver Statistics
Just over 5 million people call South Carolina home, and 3.8 million of them have drivers licenses. The states growth rate ranks 18th in the U.S. The average South Carolina resident is 38.8 years of age, but in recent years, the state has become a popular retirement site for those seeking milder winters. While much of the state is rural, much of it is also densely populated. South Carolina ranks as the 19th most densely populated state in the country. However, only Charleston and Columbia have populations above 100,000.
Top industries in the state include aerospace, agriculture, automotive manufacturing, distribution and logistics, and technology. Tourists flock to historic Charleston, or head to Myrtle Beach to sit in the sand or swim in the ocean. The state is full of history, from Fort Sumter where the opening shots of the Civil War were fired to the many restored plantations now open to visitors.
The Cheapest Companies For Full Coverage In South Carolina
In South Carolina, full coverage car insurance policies which include comprehensive and collision coverage are typically more expensive than minimum coverage policies because of the greater degree of financial protection they provide. However, drivers can likely still find full coverage insurance at an affordable price by comparing insurer quotes to find the best deal. In our study, we found the companies below are the cheapest companies for full coverage car insurance in South Carolina. Keep in mind that your individual premiums will vary based on your personal characteristics such as driving record and claims history. However, the rates below may be helpful for comparison.
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| $112 |
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What About Protection For Your Columbia Business
From side-hustle to small business, you need insurance for your Columbia business. Talk with your Acceptance agent about taking care of your business. From your products to your people and property, we can put together a package with a good mix of coverage and value for any budget. Preparing for “what-if” is part of a solid business plan – and Acceptance is a business partner you can count on. Your commercial insurance coverage can change and grow alongside your business’s needs. Call, click, or come in to Acceptance at 1722 Broad River Rd today to find great business insurance in Columbia.
South Carolina Car Insurance Laws
Obtaining a driver’s license in South Carolina requires that you show proof of automobile liability insurance, or that you do not own a vehicle.
With the help of Way.com, you can obtain quotes from a wide range of top insurance providers and compare coverage options and prices to find the vehicle insurance policy that best suits your needs.
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Cheapest Full Coverage Car Insurance In South Carolina For 60
Drivers in South Carolina with clean driving records may want to think about getting quotes from these companies, which had the lowest average rates:
American National: $527 per year, or about $44 per month.
Nationwide: $1,142 per year, or about $95 per month.
Travelers: $1,154 per year, or about $96 per month.
Geico: $1,188 per year, or about $99 per month.
Encompass: $1,376 per year, or about $115 per month.
Proof Of Financial Responsibility & Penalties
Ready to get back on the road with SafeAutos auto insurance in South Carolina? Make sure you understand your state driving laws. If you need SR-22 insurance to demonstrate financial responsibility compliance, have questions about the penalties for non-compliance, or would like more information about other insurance products in addition to our car insurance in South Carolina, please explore our offerings under the insurance tab at SafeAuto.com
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Quotes For Younger Drivers
Multiple other factors influence how much drivers in each age group will pay for car insurance. Some increase rates for one age group more than another, while others impact all age groups evenly.
The following table compares how different insurance factors affect average monthly rates for drivers younger than 30. Auto insurers tend to view younger drivers as higher risk drivers due to lack of driving experience, which explains why drivers under 25 face the highest rates. The car insurance companies offering the cheapest rates for full-coverage insurance include Kemper Preferred, Travelers, and Safeco.
South Carolina Car Insurance
South Carolina is packed with beautiful and exciting destinations. Whether you’re headed down to Myrtle Beach for the weekend or making the trip to Columbia to watch the Gamecocks play, it’s important to have protection for the vehicle that’s getting you there.
Keep yours safe with flexible, reliable car insurance from Nationwide.
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What Are The Mandatory Car Insurance Requirements In South Carolina
Every state has some form of financial responsibility requirement for drivers, and South Carolina is no exception. Like most states, this requirement comes in the form of mandatory liability insurance coverage.
South Carolina is an at-fault state. As such, drivers who cause an accident due to negligence are responsible for damages. The minimum levels of liability insurance in South Carolina include:
- $25,000 for bodily injuries per person
- $50,000 for bodily injuries per accident
- $25,000 for property damage per accident
It is important to remember that these are only the minimum levels of coverage required by the state. You have the option to purchase more coverage in an effort to protect yourself from personal liability following a crash. Whether or not additional coverage is in your best interest depends on your financial situation.
It is not enough to have the minimum amount of insurance coverage. You must also carry proof of your insurance with you when you drive. If you fail to do so, you could receive a ticket.
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