For teen boys, one of the big components that determine the amount you pay each year for auto insurance is where you call home in South Carolina. Areas with more people or higher crime rates like Florence, Charleston, and Summerville will most likely pay more, whereas areas with lower crime rates and fewer weather claims tend to receive slightly lower rates.
The next table ranks the most expensive areas in South Carolina for teenage males to buy auto insurance in.
|12||Hilton Head Island||$1,162|
|Compare Rates Now Go|
Rate information is estimated as the specific garaging location can alter coverage prices considerably.
Trying to buy low-cost insurance is not most people's favorite thing to do, and finding out which company offers the cheapest auto insurance rates for teenage males in South Carolina takes even more work. Coverage prices could be quite a bit pricier than the average rate in South Carolina, with the higher price attributed to the posibility of more claims that goes along with offering coverage for teen boys, but reasonable insurance should be obtainable if you do a thorough comparison.
Every insurance provider uses different criteria to determine premium rates, so we need to take a look at the most affordable auto insurance companies in South Carolina. It's important that you understand South Carolina auto insurance rates are influenced by many factors that control the policy premium. This price fluctuation is why South Carolina drivers need to shop around to get the cheapest car insurance rates for teenage males. Rates are determined by many things and can increase or decrease at any time, so the best company the last time you checked may now be wasting a lot of money.
Best Auto Insurance Prices for Teens
The Hartford may have some of the cheapest car insurance rates in South Carolina at around $768 per year. This is $841 less than the average rate paid by South Carolina drivers of $1,609. USAA, State Auto, Auto-Owners, and Southern Farm Bureau also make the cut as some of the lowest-priced South Carolina insurance companies.
As depicted above, if you buy coverage from Auto-Owners and switched to The Hartford, you could earn an annual savings of in the neighborhood of $339. Customers with Southern Farm Bureau might save as much as $492 a year, and SC Farm Bureau Mutual insureds might lower prices by up to $518 a year.
To see how much you can save, click here to get quotes or visit any of the low-priced companies below.
Be aware that those rates are averages for all types of insureds and vehicles and do not take into consideration a rate increase for teenage males. So the auto insurance company that is most affordable for your situation may not even be in the list above. That is why you need to get car insurance quotes using your own specific driver information and vehicle.
Drive responsibly or pay higher rates
A great way to get the cheapest auto insurance rates for teen boys is to drive cautiously and avoid getting tickets or having accidents. The information below illustrates how violations and at-fault collisions can increase insurance costs for different insured age categories. The information is based on a married female driver, comp and collision included, $250 deductibles, and no additional discounts are factored in.
In the previous chart, the average cost of auto insurance in South Carolina per year with no violations or accidents is $1,838. Receive two speeding tickets and the average cost swells to $2,618, an increase of $780 each year. Next add one accident along with the two speeding tickets and the yearly cost of auto insurance for teenage males in South Carolina goes up to an average of $3,414. That's an increase of $1,576, or $131 per month, just for not driving responsibly!
Choosing the highest-rated auto insurance company can be challenging considering how many choices drivers have in South Carolina. The ranking information in the next section may help you decide which providers you want to consider when shopping around.
These rankings are only made up of the largest auto insurers in America, so smaller companies are not included in the list. If you wish to compare rates from the insurers below and more, just click here.
|Company||Value||Customer Service||Claims||Customer Satisfaction||A.M Best Rating||Overall Score|
|Compare Rates Now Go|
Data Source: Insure.com Best Car Insurance Companies
Can you find cheaper South Carolina car insurance?
South Carolina auto insurance rates are based on many factors which can significantly increase or decrease the policy premium. Simply having a birthday, having a teen driver, or getting a ticket for running a stop sign may prompt premium changes that can cause some rates to be more affordable than others.
And not only may your rating factors change, but insurance companies amend premium rates as often as every quarter to reflect underwriting profits or losses. Significantly higher losses can cause more expensive prices, while a profitable period may produce lower-priced South Carolina car insurance rates.
For example, the bar chart below shows rates for the cheapest car insurance in South Carolina for a 40-year-old female driver with no prior claims, no tickets, and a good credit history. If we estimate rates based on her current situation, The Hartford may have the cheapest car insurance rates in South Carolina at $775 each year. This is $834 less than the average rate paid by South Carolina drivers of $1,609. USAA, State Auto, Auto-Owners, and Southern Farm Bureau are also included in the cheapest South Carolina auto insurance companies.
Now we will pretend the driver from the first example some claims, a little lower credit rating, and an imperfect driving record. Since each insurance company has a proprietary formula for filing rates in each state, getting updated rate quotes could result in a significantly different list of affordable South Carolina car insurance companies as shown below.
National Grange Mutual now has the cheapest car insurance in South Carolina with Travelers, State Farm, USAA, and Auto-Owners also being competitive. This example illustrates why it is so important to compare as many rates as possible to get the lowest auto insurance rates for teenage males.
Auto insurance prices can be altered by many different factors and change frequently, so the cheapest option the last time you compared rates may now be quite expensive.
How to find cheaper insurance for teenage males in South Carolina
The list below summarizes some penny-pinching suggestions that can help you locate low-cost coverage.
- Increase your physical damage deductibles
- Do not get into accidents
- Do not get traffic tickets
- Save money by only buying liability coverage for older vehicles
- Earn discounts for being claim-free
- Ensure you have the best deal by shopping around regularly
That last piece of advice is highly vital, as we pointed out in this article. Coverage prices fluctuate constantly, so don't be tentative to switch to a new company if a lower price can be found.
Being loyal to a particular company is commendable, but is isn't recommended if your bullheadedness ends up costing you money that could be spent on other things. Take a few minutes and compare prices to find cheaper auto insurance for teenage males.