Finding the best cheap car insurance for a Ford Escape in South Carolina depends on lots of different rating factors such as how many miles you drive each year, if you have a tendency to file claims, and violations on your driving record. Drivers pay approximately $672 each year for Escape insurance, but that amount is an approximation based on a 30-year-old married male driver with both comprehensive and collision coverage and $1,000 deductibles.
More likely than not, you are not 30 years old and maybe not even male, maybe you are single instead of married, or you just prefer to insure for liability only. Even a slight change in rating criteria or coverage limits can result in a big discrepancy in the price of a policy.
Everyone has unique insurance needs, and this illustrates why the only real way to find the most affordable coverage for your Ford is to compare as many rates as you can.
The specific model of Escape tends to have a direct impact on the yearly cost, so the price you will be charged to insure a Escape XLS 2WD trim level will be $70 cheaper than the cost to insure the fancier Escape Limited 4WD model, as shown in the chart below.
|Model||Comp||Collision||Liability||Medical||UM/UIM||Annual Premium||Monthly Premium|
|Escape XLS 2WD||$142||$230||$290||$18||$86||$766||$64|
|Escape XLS 4WD||$142||$230||$290||$18||$86||$766||$64|
|Escape XLT 2WD||$142||$230||$290||$18||$86||$766||$64|
|Escape Limited 2WD||$162||$230||$290||$18||$86||$786||$66|
|Escape XLT 4WD||$162||$230||$290||$18||$86||$786||$66|
|Escape Limited 4WD||$162||$280||$290||$18||$86||$836||$70|
|Get Your Own Custom Quote Go|
Data based on married male driver age 30, no speeding tickets, no at-fault accidents, $1000 deductibles, and South Carolina minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Price information does not factor in specific garaging location which can increase or decrease coverage prices noticeably.
Insuring your vehicle with a highly-rated company is hard considering how many companies sell coverage in South Carolina. The company information displayed below can help you analyze which insurers to look at when shopping around. These rankings only include insurance companies that insure vehicles in the majority of U.S. states, so companies with more of a regional focus are not included in the list.
Top 10 Major Car Insurance Companies in South Carolina Ranked by Customer Service
- AAA Insurance
- Safeco Insurance
- State Farm
- The Hartford
- The General
Top 10 Major Car Insurance Companies in South Carolina Ranked by Value
- American Family
- AAA Insurance
- Safeco Insurance
- The Hartford
- The General
- 21st Century
- Titan Insurance
Top Companies for Ford Escape Insurance in South Carolina
The illustration below illustrates how your choice of deductibles can influence premium costs when searching for cheap insurance for a Ford Escape in South Carolina. The costs are based on a single male driver, comprehensive and collision coverage, and no discounts are factored in.
The data above shows that a 50-year-old driver could lower their car insurance rates by $280 a year by switching from a $100 deductible up to a $500 deductible, or save $424 by using a $1,000 deductible. Youthful drivers, such as the Age 20 example, have the ability to save $920 every year by choosing a larger deductible amount. When insureds make the decision to increase the deductibles on their policy, it is necessary to have enough in a savings account to enable you to pay the extra out-of-pocket expense. That is the one drawback of using higher deductibles.
Price comparison of only insuring for liability
Finding the cheapest car insurance is important to most vehicle owners, and a great way to find cheaper insurance for a Ford Escape in South Carolina is to not pay for full coverage. The information below shows the comparison of car insurance costs with and without full coverage. The premium estimates are based on no claims or violations, $100 deductibles, drivers are single, and no other discounts are factored in.
If we average the cost for all age groups, comp and collision coverage costs an extra $1,957 per year over and above liability only. At some point, every insured wonders if buying full coverage is worth the money. There is no set guideline to stop buying comp and collision coverage, but there is a general convention. If the annual cost of comprehensive and collision coverage is more than 10% of the replacement cost of your vehicle minus the policy deductible, then it could be time to drop full coverage.
There are some cases where eliminating full coverage is not recommended. If you still owe a portion of the original loan, you have to keep full coverage in order to prevent your loan from defaulting. Also, if your savings is not enough to buy a different vehicle in the even your car is totaled, you should not buy liability only.
Low rates can quickly become overpriced
South Carolina car insurance rates are calculated based on many things that will increase or decrease the cost of coverage. Improving your credit score, becoming a homeowner, or getting a ticket for careless driving can produce rate changes that may make certain companies affordable when they were higher priced. Additionally, insurance companies amend premium rates as needed as an adjustment for underwriting gains or losses. Higher than usual claims may cause increased rates, while long-term profits can produce cheaper Escape insurance rates.
For example, the bar chart below demonstrates which company has the cheapest car insurance in South Carolina for a 35-year-old female driver with no violations or accidents, and excellent credit. If we compare prices based on her current rating profile, The Hartford might offer the most affordable car insurance rates in South Carolina at $768 a year. This is $841 less than the average premium paid by South Carolina drivers of $1,609. USAA, State Auto, Auto-Owners, and SC Farm Bureau Mutual are the remaining best South Carolina auto insurance companies.
The example below compares rates after we give the driver from above a claim or two, a little lower credit rating, and a traffic citation. Since every car insurance company uses a different method for establishing rates, getting updated rate quotes may result in a different list of the cheapest South Carolina car insurance companies as shown below.
USAA now has the best price in South Carolina with National Grange Mutual, State Farm, Travelers, and The Hartford also having competitive pricing. This example illustrates why it is crucial to perform a complete rate comparison when trying to get the most affordable auto insurance rates for a Ford Escape.
Prices are influenced by many factors and can change without notice, so the most economical option a year ago may now be one of the more expensive options.
How to find more affordable car insurance for a Ford Escape
It's not impossible to find cheaper rates, and here are many penny-pinching ideas that can help South Carolina drivers find low-cost car insurance.
- Speeding tickets and other violations increase rates
- Maintain a safe distance and avoid accidents
- The safer your car, the less it costs to insure
- Bundle home and auto and earn a discount
- Try paying for small claims out-of-pocket
- Compare rate quotes frequently
The last tip is notably important, as we emphasized in the prior information. Auto insurance prices can be changed at any time, so drivers shouldn't be resistant to change insurance companies if a more affordable price is available. Many drivers have brand loyalty and that's fine, but it's not a good idea if that loyalty results in overpaying money that could be spent on other things. Take a couple minutes and compare rates to find cheaper auto insurance for a Ford Escape.