For drivers in Mount Pleasant, one of the largest criteria that determine the amount you pay each year for auto insurance is where you keep your vehicle. Areas with more people or more claims likely pay more, whereas areas with lower crime rates and fewer weather claims benefit from lower coverage costs.
The next table rates the highest-priced areas in South Carolina to purchase a policy in. Mount Pleasant ranks #7 with the yearly price of $1,225 for car insurance, which is approximately $102 per month.
|11||Hilton Head Island||$1,162|
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Table data uses estimated as the specific garaging location can alter rates significantly.
Now that we know where Mount Pleasant ranks compared to other South Carolina cities, trying to buy affordable car insurance is difficult, and figuring out which companies have the most affordable auto insurance rates in Mount Pleasant involves even more shopping around. Every insurance company has a unique approach for filing rates in each state, so let's begin by taking a look at the auto insurance companies that tend to be cheaper in Mount Pleasant, SC.
It's a good idea to know that South Carolina auto insurance rates are impacted by many things that will increase or decrease the cost of coverage. Things like getting older, having a teen driver, or having an accident may cause policy rate changes resulting in some companies being more affordable than others.
Best Auto Insurance Prices in Mount Pleasant
The Hartford may have some of the cheapest car insurance rates in Mount Pleasant at around $775 annually. This is $834 less than the average rate paid by South Carolina drivers of $1,609. USAA, State Auto, Auto-Owners, and SC Farm Bureau Mutual also qualify as some of the lowest-priced Mount Pleasant, SC auto insurance companies.
In the rate table above, if you are insured with Auto-Owners and switched to USAA, you may see a yearly price reduction of roughly $158. South Carolina drivers with SC Farm Bureau Mutual may save as much as $265 a year, and Southern Farm Bureau customers might cut rates by $265 a year.
Remember that these estimates are averages for all drivers and vehicles in South Carolina and and are not calculated with a specific location in Mount Pleasant. So the company that can offer you the best price may not even be in the list above. That illustrates why you need to compare as many prices as possible using your own driver data and vehicle information.
The car, truck, or SUV you are seeking coverage for is one of the largest considerations when comparing quotes for the cheapest insurance in Mount Pleasant. Vehicles with high performance engines, poor crash test ratings, or a high likelihood of having liability claims will cost much more to insure than safer models.
The next list shows coverage premiums for a number of the most affordable automobiles to insure.
|Make and Model||Estimated Cost for Full Coverage|
|Honda CR-V EX-L 2WD||$1,061|
|Ford Escape XLT 2WD||$1,137|
|Honda Accord LX 4-Dr Sedan||$1,146|
|Honda Odyssey LX||$1,142|
|Jeep Wrangler Rubicon 4WD 2-Dr||$1,165|
|Chevrolet Impala LS||$1,209|
|Dodge Grand Caravan CV||$1,275|
|Toyota Tacoma 4WD||$1,319|
|Nissan Rogue S AWD||$1,327|
|Chevrolet Silverado 2500HD LT Crew Cab 4WD||$1,321|
|Jeep Grand Cherokee Laredo 2WD||$1,349|
|Chevrolet Malibu Hybrid||$1,354|
|Ford Explorer Limited 2WD||$1,374|
|Toyota RAV4 Limited 2WD||$1,383|
|Ford Fusion S 4-Dr Sedan||$1,392|
|Ford Focus SE 2-Dr Coupe||$1,385|
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Data rating is 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, multi-vehicle, safe-driver, homeowner, and multi-policy. Information does not factor in vehicle location which can change coverage rates noticeably.
Based on these rates, makes and models like the Honda CR-V, Ford Escape, Honda Accord, Honda Odyssey, and Jeep Wrangler are likely to be the less-costly vehicles to insure for drivers in Mount Pleasant.
How much more does full coverage cost?
Saving money when shopping for auto insurance is the goal of the majority of drivers, and one common way to save on the cost of insurance in Mount Pleasant is to buy only liability coverage. The chart below visualizes the comparison of insurance rates when comparing full coverage to liability only. The price estimates are based on no driving violations, no at-fault accidents, $100 deductibles, drivers are not married, and no discounts are factored in.
Averaged for all ages 20 through 70, physical damage coverage costs $2,619 per year more than just buying liability only. Many drivers will wonder if you should buy full coverage at all. There is no written rule of when to drop comprehensive and collision coverage on your policy, but there is a guideline you can use. If the annual cost of comprehensive and collision coverage is more than around 10% of the replacement cost of your vehicle minus the policy deductible, then you might want to consider buying only liability coverage.
How violations and accidents impact rates
The best way to enjoy low auto insurance premiums for drivers in Mount Pleasant is to drive safe and avoid at-fault accidents and violations. The diagram below highlights how speeding tickets and at-fault fender-benders can impact yearly insurance costs for different age groups. Data assumes a single female driver, comp and collision included, $250 deductibles, and no discounts are applied to the premium.
The data in the chart shows the average cost of auto insurance per year with no accidents and a clean driving record is $1,704. Get one speeding ticket and the average cost surges to $1,931, an increase of $227 each year. Now include one accident along with the one speeding ticket and the annual cost of auto insurance in Mount Pleasant goes up to an average of $2,564. That's an increase of $859, or $72 per month, just for not driving safely!
Types of discounts on Mount Pleasant insurance rates
Insurers that provide coverage in Mount Pleasant may also provide policy discounts that can reduce rates by as much as 40% or more if you qualify for them. Large auto insurance companies and a selection of discounts include:
- State Farm may include discounts for Steer Clear safe driver discount, Drive Safe & Save, driver's education, good driver, and safe vehicle.
- American Family has discounts for air bags, good student, accident-free, multi-vehicle, early bird, Steer into Savings, and defensive driver.
- AAA policyholders can earn discounts including education and occupation, pay-in-full, multi-policy, good driver, and anti-theft.
- GEICO offers discounts for anti-theft, defensive driver, five-year accident-free, anti-lock brakes, and membership and employees.
- Mercury Insurance offers discounts including type of vehicle, age of vehicle, anti-theft, ease of repair, low natural disaster claims, and good student.
- Farmers Insurance offers premium reductions for good student, multi-car, switch companies, mature driver, bundle discounts, electronic funds transfer, and distant student.
- Progressive may offer discounts for continuous coverage, good student, homeowner, online signing, multi-policy, and online quote discount.
The example below illustrates the comparison of auto insurance rates with and without discounts applied. The rate quotes are based on a male driver, no claims or driving citations, South Carolina state minimum liability limits, full coverage, and $100 deductibles. The first bar for each age group shows the average rate with no discounts. The second shows the rates with multiple vehicle, passive restraint, claim-free, accident-free, multiple policy, and defensive driving course discounts applied. When these discounts are applied to the policy premium, theamount saved on auto insurance in Mount Pleasant is 28% or $540.