This would be a much shorter article if we could just give you the name of the single best company that has the best deal on coverage for real estate agents in South Carolina. It's not that easy, however, as there are a whole bunch of unknown factors like if full coverage is needed, how high your deductibles should be, if you have a tendency to get pulled over, and if you are a homeowner. The content below will cover the best ways to avoid paying too much and educate you enough to have a good start in finding the cheapest insurance for realtors.
The vehicle model on the policy is probably the largest consideration that determines whether or not you can buy the best car insurance for real estate agents. Vehicles with limited top-end speed, modern passenger safety features, or a low likelihood of liability claims will cost much less to insure than adrenaline junky models.
The next list ranks auto insurance rates for a selection of the most cost-effective vehicles to buy coverage for.
|Insured Vehicle||Estimated Cost for Full Coverage|
|Honda CR-V EX 4WD||$839|
|Ford Escape XLS 4WD||$898|
|Honda Odyssey EX W/Rear Entertainment||$954|
|Chevrolet Impala LS||$961|
|Ford F-150 STX Regular Cab 2WD||$984|
|Honda Civic VP 4-Dr Sedan||$1,007|
|Hyundai Elantra Blue 4-Dr Sedan||$1,014|
|Hyundai Sonata GLS 4-Dr Sedan||$1,041|
|Jeep Grand Cherokee Limited 2WD||$1,043|
|GMC Sierra SL Crew Cab 4WD||$1,051|
|Ford Focus S 4-Dr Sedan||$1,043|
|Toyota Tacoma 4WD||$1,046|
|Toyota RAV4 4WD||$1,064|
|Dodge Grand Caravan Crew||$1,084|
|Jeep Wrangler Unlimited Sport 4WD 4-Dr||$1,088|
|Nissan Altima 2.5 S 2-Dr Coupe||$1,113|
|GMC Sierra 2500HD SLE Regular Cab 2WD||$1,121|
|Toyota Camry Hybrid||$1,113|
|Ford Explorer Limited 2WD||$1,121|
|Kia Optima LX||$1,139|
|Nissan Rogue SL 2WD||$1,149|
|Chevrolet Silverado LT Extended Cab 2WD||$1,139|
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Prices based on single male driver age 30, no speeding tickets, no at-fault accidents, $1,000 deductibles, and South Carolina minimum liability limits. Discounts applied include multi-vehicle, multi-policy, homeowner, safe-driver, and claim-free. Rates do not factor in zip code location which can raise or lower premium rates substantially.
Based upon these rates, you can conclude that vehicles like the Honda CR-V, Ford Escape, Honda Odyssey, Chevrolet Impala, and Ford F-150 are some of the cheapest vehicles to insure for realtors.
Comparing rates for reasonably-priced insurance is not the easiest thing to do, and figuring out which companies quote the best auto insurance rates for real estate agents in South Carolina will require more quotes for comparison. Each auto insurance company has a unique formula for setting rates, so to begin we'll rank the most competitive auto insurance companies in South Carolina.
It's a good idea to know that South Carolina auto insurance rates are based on many factors which can substantially change the cost of your policy. Improving your credit score, buying a newer car, or getting a ticket for running a stop sign can trigger rate changes that can now make some companies affordable when they were higher priced.
Find the Best Cheap Insurance for Realtors
The Hartford may have some of the best car insurance rates in South Carolina at around $775 each year. This is $834 less than the average premium paid by South Carolina drivers of $1,609. USAA, Auto-Owners, State Auto, and SC Farm Bureau Mutual also make the cut as some of the cheaper South Carolina auto insurance companies.
As the example above demonstrates, if you currently buy coverage from USAA and switched to The Hartford, you might see an annual premium reduction of upwards of $220. Insureds with Auto-Owners may save as much as $344 a year, and State Auto insureds might lower prices by $363 a year.
To get a fast rate comparison, click here to begin a quote or click several companies below for low rates.
Be aware that those premiums are averaged across all types of drivers and the different vehicles they drive and and are not calculated with a price discount for real estate agents. So the insurer that can offer the best rates for your situation may not even be in the top 18 companies in the list above. That affirms the importance of why you need to get quotes using your own driver and vehicle profiles.
One of the many criteria that help determine the annual cost of car insurance is where you keep your vehicle in South Carolina. Areas with increased crime or more people like Florence, Charleston, and Summerville are more likely to pay higher prices, whereas areas with less people or fewer weather incidents get the luxury of paying less.
The illustration below ranks the priciest cities in South Carolina for real estate agents to purchase auto insurance in.
|Rank||City||Premium Per Year|
|12||Hilton Head Island||$1,173|
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Price information shown is estimated as the garaging address in South Carolina can modify coverage prices substantially.
The chart below demonstrates how choosing different deductibles can raise or lower insurance prices when trying to find cheap insurance for real estate agents in South Carolina. The data assumes a single male driver, full coverage, and no policy discounts are applied.
The chart above illustrates that a 50-year-old driver could reduce rates by $280 a year by increasing from a $100 deductible to a $500 deductible, or save $424 by choosing a $1,000 deductible. Youthful drivers, like the 20-year-old category, can save $920 or even more just by using higher deductibles. When insureds make the decision to increase the deductibles on their policy, it is essential to have plenty of money set aside to cover the extra out-of-pocket expense, which is the main inconvenience of larger deductibles.
Cost difference between full coverage and liability
Paying less for auto insurance should be important to most people, and one of the best ways to buy cheaper insurance for real estate agents in South Carolina is to not buy full coverage. The diagram below compares premium costs with and without full coverage. The information is based on no tickets, no at-fault accidents, $1,000 deductibles, single marital status, and no discounts are taken into consideration.
If averaged for all ages, physical damage coverage on your policy costs an extra $1,911 per year more than just insuring for liability. That proposes the question when is the right time to remove full coverage. There is no set guideline of when to eliminate full coverage, but there is a guideline you can consider. If the yearly cost of full coverage is 10% or more of replacement cost minus your deductible, then you might want to consider buying only liability coverage.
Impact of careless driving on auto insurance rates
In a perfect world, the best way to get the best auto insurance premiums in South Carolina for realtors is to be an attentive driver and avoid tickets and accidents. The information below illustrates how speeding tickets and at-fault claims can influence car insurance rates for different ages of insureds. The information is based on a married female driver, comp and collision included, $1,000 deductibles, and no discounts are taken into consideration.
The chart shows that the average cost of auto insurance per year with no accidents or violations is $1,100. Add in two speeding tickets and the average cost rises to $1,553, an increase of $453 each year. Now add one accident along with the two speeding tickets and the annual cost of auto insurance for real estate agents in South Carolina increases to an average of $2,012. That's an increase of $912, or $76 per month, just for not driving responsibly!
You are probably paying too much for car insurance
South Carolina auto insurance rates are impacted by many things that control the price you pay for coverage. Simply having a birthday, increasing liability limits, or getting a few speeding tickets may cause policy rate changes resulting in some companies being more affordable than the competition. Not only may your situation change, but insurance companies amend premium rates without warning as an adjustment for underwriting gains or losses. Significantly higher claims may result in higher priced premiums, while a lower level of claims can produce cheaper South Carolina car insurance rates.
For instance, the data below compares the cheapest car insurance in South Carolina for a 35-year-old female driver with no violations or accidents, and excellent credit. If we estimate rates based on her current risk profile, The Hartford may have the best car insurance rates in South Carolina at $768 annually. This is $841 less than the average policy premium paid by South Carolina drivers of $1,609. USAA, State Auto, Auto-Owners, and SC Farm Bureau Mutual are also included in the cheapest South Carolina auto insurance companies.
Now let's give the driver from above a claim or two, less-than-perfect credit, and a couple of points charged on her driving record. Due to the fact that each insurance company has their own guidelines to set premium rates, comparing rates could now result in a slightly different list of companies as shown below.
National Grange Mutual now has the best insurance rate in South Carolina with Travelers, State Farm, USAA, and The Hartford now being in the top five. This shows why it is so important to spend some time comparing rates when trying to find the cheapest car insurance quotes for real estate agents.
Insurance prices are calculated by many different factors and can increase or decrease at any time, so the cheapest option a year ago may now be priced much higher than other options.