For drivers in Sumter, one of the big components that are used to help calculate car insurance rates is where your car is garaged. Areas with more people or even just a higher incidence of claims are more likely to have higher rates, whereas areas with less congestion benefit from having to pay less for coverage.
The information below lists the most expensive places in South Carolina to purchase a policy in. Sumter is listed at #5 with an annual cost of $1,252 for the average policy, which is about $104 monthly.
|14||Hilton Head Island||$1,127|
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Rate quotes are comparative as specific Sumter zip code can lower or raise premium rates significantly.
Knowing where Sumter ranks based on price, finding decent, cost effective auto insurance is not the easiest thing to do, and determining which company has the cheapest car insurance rates in Sumter involves a bit more work. Every car insurance company uses a different method to set their prices, so let's take a look at the overall cheapest car insurance companies in Sumter.
Cheap Insurance Rates in Sumter
|Rank||Company||Cost Per Year|
|5||SC Farm Bureau Mutual||$1,260|
|6||Southern Farm Bureau||$1,260|
|7||National Grange Mutual||$1,361|
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The Hartford normally has some of the lowest car insurance rates in Sumter at around $768 per year. 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 also make the cut as some of the best Sumter, SC car insurance companies.
In the above rates, if you currently buy coverage from Auto-Owners and switched to USAA, you could realize annual savings of approximately $116. Customers with SC Farm Bureau Mutual could save as much as $235 a year, and Southern Farm Bureau insureds might reduce prices by as much as $235 a year.
Bear in mind that those premiums are averages for all types of drivers and the different vehicles they drive and are not factoring in an exact zip code location in Sumter. So the insurer that can offer the best rates for your situation may not even be in the top 18 companies shown above. That points out the importance of why you need to get rate quotes using your own personalized driver profile and vehicle information.
Sumter car insurance rates
South Carolina car insurance rates are influenced by many factors which can significantly increase or decrease the policy premium. Turning one year older, buying a different home, or getting a ticket for careless driving may generate price changes that can cause some rates to be cheaper in comparison to the competition. And not only may your rating factors change, but auto insurance companies amend pricing as often as every quarter to adjust for heavy claims or excess profits. A period of higher than normal claims can result in increased rates, while less frequent claims may produce lower-cost Sumter car insurance rates.
To illustrate this example, the data below compares the cheapest car insurance in Sumter, SC for a 30-year-old male driver with no prior claims, no tickets, and a good credit history. Based on his personal profile, The Hartford may have the most affordable car insurance rates in Sumter at $915 annually. This is $694 less than the average policy premium paid by South Carolina drivers of $1,609. USAA, Auto-Owners, State Auto, and SC Farm Bureau Mutual are the remaining cheapest Sumter, SC auto insurance companies.
Now let's give the driver from the first set of rates a claim, slightly worse credit, and a stop sign violation. Since each auto insurance company has a unique formula to set their prices, comparing insurance quotes most likely will result in a substantially altered list of affordable companies as shown below.
National Grange Mutual now has the cheapest insurance rate in Sumter with State Farm, Travelers, The Hartford, and USAA now rounding out the top five. This example illustrates why it is critical to compare rates to find the most economical insurance quotes in Sumter.
Insurance rates are determined by many different factors and change frequently, so the best company when you bought your policy may now be costing you a lot of money.
The type of vehicle you are buying coverage for is one of the biggest factors when shopping for cheaper coverage in Sumter. Vehicles with higher performance, poor passenger safety features, or a track record of large liability claims will cost significantly more to insure than more modest models.
The next list ranks insurance rates for a handful of the most affordable vehicles to buy coverage for.
|Vehicle||Estimated Cost for Full Coverage|
|Honda Accord LX-P 4-Dr Sedan||$1,300|
|Ford Explorer XLT 2WD||$1,329|
|Hyundai Elantra GLS Touring Station Wagon||$1,342|
|Honda CR-V EX 2WD||$1,349|
|Ford Edge SE AWD||$1,379|
|Volkswagen Jetta SE 2.5 Station Wagon||$1,393|
|Toyota RAV4 Sport 4WD||$1,406|
|Chevrolet Malibu LS||$1,412|
|Ford Escape Limited 4WD||$1,413|
|Dodge Ram Quad Cab ST 2WD||$1,430|
|Chevrolet Silverado LT Extended Cab 2WD||$1,506|
|Toyota Corolla XRS||$1,509|
|Chevrolet Equinox LTZ AWD||$1,517|
|GMC Sierra 2500HD SLE Crew Cab 4WD||$1,509|
|Ford Fusion SE 4-Dr Sedan||$1,514|
|Toyota Tacoma Double Cab 4WD||$1,538|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$1,548|
|Honda Odyssey EX||$1,551|
|Nissan Altima 2.5 4-Dr Sedan||$1,587|
|Dodge Grand Caravan Hero||$1,593|
|Honda Civic VP 4-Dr Sedan||$1,595|
|Toyota Camry Hybrid||$1,610|
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Prices above 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 claim-free, safe-driver, multi-policy, homeowner, and multi-vehicle. Price information does not factor in specific Sumter, SC garaging location which can revise prices significantly.
By looking at the data, vehicles like the Honda Accord, Ford Explorer, Hyundai Elantra, and Honda CR-V are most likely to be a few of the most affordable vehicles to insure for drivers in Sumter.
How to get discounts on Sumter auto insurance
Car insurance companies that offer cheap quotes in Sumter may also give you rate discounts that can reduce rates by 25% or more if you meet specific eligibility requirements. Companies and some of the discounts are detailed below.
- Travelers may have discounts that include IntelliDrive, hybrid/electric vehicle, early quote, driver training, student away at school, payment discounts, and save driver.
- 21st Century discounts include driver training, teen driver, anti-lock brakes, 55 and older, defensive driver, and homeowners.
- State Farm includes discounts for passive restraint, safe vehicle, good student, anti-theft, Drive Safe & Save, and multiple autos.
- GEICO offers premium reductions for membership and employees, air bags, five-year accident-free, multi-policy, multi-vehicle, and emergency military deployment.
- SAFECO may include discounts for teen safety rewards, teen safe driver, anti-lock brakes, homeowner, anti-theft, and accident prevention training.
- AAA has discounts for anti-theft, multi-car, good driver, education and occupation, good student, and AAA membership discount.
The chart below visualizes the comparison of auto insurance rates with and without discounts applied to the premium. The data is based on a male driver, no violations or claims, South Carolina state minimum liability limits, full coverage, and $100 deductibles.
The first bar for each age group shows the price with no discounts. The lower bar shows the rates with homeowner, claim-free, passive restraint, accident-free, multiple vehicle, and marriage discounts applied. When drivers qualify for the discounts, theaverage amount saved on car insurance in Sumter is 28% or $728.
The example below shows how choosing a deductible can influence annual premium costs when researching cheap insurance in Sumter. The rate quotes are based on a married male driver, full physical damage coverage, and no discounts are applied.
A 40-year-old driver could lower their policy premium by $318 a year by switching the physical damage coverage from a $100 deductible up to a $500 deductible, or save $482 by switching to a $1,000 deductible. Even younger drivers, such as the Age 20 example, could shave as much as $1,080 annually by selecting a higher deductible. If you do decide to increase your deductibles, it will now be necessary to have additional savings on hand to be able to cover the extra out-of-pocket expense, which deters some people from using high deductibles.
How to find budget-friendly insurance in Sumter
Below you'll find some of the better money-saving solutions that can help South Carolina drivers find lower-cost coverage.
- Frequent claims may make car insurance unaffordable
- Buy a vehicle with excellent safety ratings
- Save money by obeying traffic laws and keeping a clean driving record
- Clean up your credit
- Being accident-free can lower rates significantly
- Compare prices as often as possible
The final tip is extremely critical, as we pointed out in this write-up. Coverage rates change a lot, so drivers shouldn't be resistant to switch carriers if a more affordable rate is found. Loyalty to a specific company is fine, but it's not recommended if that faithfulness ends up costing you major coinage every year. Now is a great time to compare rates to find cheaper car insurance in Sumter.