Finding economical insurance for a Hyundai Elantra in South Carolina doesn't take a ton of time, but it hinges on an enormous amount of rating factors such as how safe your vehicle is, your address, and citations on your driving record. South Carolina drivers will pay on average $742 annually for Elantra insurance, but that figure is an estimate using a 30-year-old married male driver with full coverage and $1,000 deductibles.
When estimating a car insurance rate like we just did, the issue is that you are not 30 years old and maybe not even male, single instead of married, or maybe you're a renter instead of a homeowner. This illustrates why the way we recommend to find cheap car insurance rates for your Hyundai is to put in the effort to do a thorough rate comparison. It only takes a few minutes and you will receive prices from the best companies around.
The trim level of your Elantra has an effect on the yearly cost, so the cost to insure a Elantra GLS Touring Station Wagon will cost $70 less than the cost to insure the more well-appointed Elantra SE Touring Station Wagon version, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Elantra GLS Touring Station Wagon||$142||$230||$290||$18||$86||$766||$64|
|Elantra Blue 4-Dr Sedan||$142||$330||$342||$20||$102||$936||$78|
|Elantra GLS 4-Dr Sedan||$162||$330||$342||$20||$102||$956||$80|
|Elantra SE 4-Dr Sedan||$162||$330||$342||$20||$102||$956||$80|
|Elantra SE Touring Station Wagon||$162||$280||$290||$18||$86||$836||$70|
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Table data assumes married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and South Carolina minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, claim-free, and multi-vehicle. Price estimates do not factor in specific location which can modify prices significantly.
Ending up with a highly-rated insurance company can be rather challenging considering how many different companies insure vehicles in South Carolina. The company rank data in the next section may help you analyze which car insurance companies you want to consider comparing rates from. The rankings below are for large insurance companies, so companies without a large exposure are not included in these rankings.
Top 10 Large Auto Insurers in South Carolina Ranked by Customer Satisfaction
- USAA - 91%
- AAA Insurance - 90%
- Esurance - 90%
- Nationwide - 89%
- Travelers - 88%
- Progressive - 88%
- Safeco Insurance - 88%
- State Farm - 88%
- Allstate - 88%
- The Hartford - 87%
Top 10 Large Auto Insurers Overall in South Carolina
- AAA Insurance
- State Farm
- The Hartford
- Safeco Insurance
- American Family
Top Companies for Hyundai Elantra Insurance in South Carolina
The diagram below shows how choosing a deductible can impact insurance premiums when quoting cheap insurance for a Hyundai Elantra in South Carolina. The data assumes a married male driver, comp and collision included, and no additional discounts are factored in.
The chart above illustrates that a 30-year-old driver could lower rates by $356 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $536 by choosing a $1,000 deductible. Younger drivers, such as the Age 20 example, could potentially save up to $1,080 annually by choosing larger deductibles on their policy.
If you do make the decision to raise your deductibles, it will be important to have enough spare savings to pay the extra out-of-pocket expense, which is the primary disadvantage of high deductibles.
Why you should compare rates
South Carolina auto insurance rates are influenced by many factors that may substantially change the cost of your policy. Simply turning a year older, increasing deductibles, or getting a speeding ticket can trigger rate changes that may make certain companies cheaper than others.
In addition, companies change premium rates as often as every quarter in order to be able to pay unexpected claims. Heavy losses may cause increased policy costs, while lower claim levels can cause more affordable Elantra insurance rates.
The chart below shows which companies have the cheapest car insurance in South Carolina for a 45-year-old male driver with no prior accidents, a clean driving record, and a decent credit rating. When quoting prices based on his current risk factors, The Hartford quotes the lowest car insurance rates in South Carolina at $745 annually. This is $864 less than the average price paid by South Carolina drivers of $1,609. USAA, State Auto, Auto-Owners, and Southern Farm Bureau are also included in the top five cheapest South Carolina auto insurance companies.
The example below compares rates after we give the driver from above a chargeable claim, bad credit, and a speeding citation. Since each insurance company has a proprietary formula to set their prices, analyzing rate quotes may result in a slightly different list of cheap South Carolina auto insurance companies as shown below.
State Farm now has the best insurance rate in South Carolina with National Grange Mutual, Travelers, USAA, and State Auto also having competitive pricing. This example proves why South Carolina drivers need to perform an extensive rate comparison when trying to find the most affordable insurance rates for a Hyundai Elantra. Car insurance prices are made up of many factors and can change without notice, so the best option two years ago may now cost much more than other companies.