The words "economical" and "insurance" really shouldn't be used in the same sentence, especially when looking for the lowest insurance rates for a learners permit. Let's introduce you to some of the factors that have a considerable impact on car insurance premiums, and figure out some ideas to lower the cost of the next policy you buy.

The type of vehicle you are seeking coverage for is a significant factor when comparison shopping for economical car insurance for a learners permit. Vehicles with higher performance characteristics, a lack of safety features, or an increased likelihood of liability claims will cost much more to insure than more modest models. The list below ranks coverage prices for a selection of the most economical vehicles to insure.

Cheapest Vehicles to Insure for a Learners Permit in South Carolina
Vehicle Insured Estimated Cost for Full Coverage
Ford Escape XLT 2WD $3,635
Honda Accord EX 4-Dr Sedan $3,642
Honda CR-V EX-L 2WD $3,669
Volkswagen Jetta S 2.5 Station Wagon $3,892
Toyota Prius $3,927
Ford Explorer XLT 2WD $4,090
Dodge Grand Caravan CV $4,099
Toyota Tacoma 4WD $4,090
Honda Civic DX 4-Dr Sedan $4,278
Ford Edge SEL 2WD $4,287
Chevrolet Impala LS $4,278
Ford Focus S 4-Dr Sedan $4,284
Toyota RAV4 Sport 4WD $4,313
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Table data represents single male driver age 16, no speeding tickets, no at-fault accidents, $1,000 deductibles, and South Carolina minimum liability limits. Discounts applied include safe-driver, and claim-free. Premium amounts do not factor in vehicle location which can raise or lower coverage rates substantially.

Based upon the table data, we can presume that cars like the Ford Escape, Honda Accord, Honda CR-V, and Volkswagen Jetta are going to be a few of the cheapest vehicles to insure for new drivers. The price for car insurance will be higher anyway because there is more exposure for a learners permit, but generally speaking those models will tend to have the cheapest car insurance rates compared to all other vehicles.

Deciding which companies quote the cheapest car insurance rates for a learners permit in South Carolina may require a bit more effort in order to find a policy that fits your budget. Every auto insurer has their own formula for setting prices, so we will examine the car insurance companies that tend to have lower prices in South Carolina.

Best Insurance Companies in South Carolina

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Rankings for the cheapest South Carolina auto insurance companies
Rank Company Cost Per Year
1 The Hartford $775
2 USAA $995
3 State Auto $1,094
4 Auto-Owners $1,119
5 SC Farm Bureau Mutual $1,248
6 Southern Farm Bureau $1,286
7 National Grange Mutual $1,335
8 Travelers $1,343
9 State Farm $1,408
10 Allstate $1,573
11 Progressive $1,594
12 Encompass $1,691
13 Nationwide $1,760
14 Safe Auto $1,985
15 GEICO $2,041
16 Bristol West $2,395
17 Liberty Mutual $2,489
18 Safeco $2,771
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The Hartford may offer some of the most affordable car insurance rates in South Carolina at around $775 per year. USAA, State Auto, Auto-Owners, and SC Farm Bureau Mutual also make the cut as some of the most economical South Carolina car insurance companies.

In this example, if you currently have a policy with State Auto and switched to The Hartford, you could earn an annual premium reduction of upwards of $319. Policyholders with Auto-Owners could save as much as $344 a year, and SC Farm Bureau Mutual customers might reduce rates by $473 a year.

If you want to see how much you could save, click here to get a free quote or quote rates from the companies below.

Understand that those rates are averages across all drivers and vehicles in South Carolina and do not factor in a price surcharge for a learners permit. So the company that fits your situation best may not even be in the top 18 companies in the list above. That underscores the importance of why you need to get rate quotes using your own specific driver information and vehicle.

For new drivers, one of the more important factors that aid in calculating the cost of insurance is where you keep your car. Cities with larger populations like Florence, Sumter, and Goose Creek will most likely have higher rates, whereas less populated areas tend to receive slightly lower rates.

The next table sorts the highest-priced places in South Carolina for a learners permit to buy auto insurance in.

Most expensive South Carolina cities for auto insurance
Rank City Premium Per Year
1 Florence $1,298
2 Charleston $1,273
3 Sumter $1,252
4 North Charleston $1,250
5 Goose Creek $1,246
6 Summerville $1,240
7 Socastee $1,235
8 Mount Pleasant $1,225
9 Columbia $1,213
10 Saint Andrews $1,184
11 Myrtle Beach $1,174
12 Greenwood $1,143
13 Hilton Head Island $1,139
14 Rock Hill $1,135
15 Aiken $1,130
16 Spartanburg $1,116
17 Greenville $1,111
18 North Augusta $1,106
19 Greer $1,087
20 Taylors $1,085
21 Anderson $1,083
22 Wade Hampton $1,058
23 Easley $1,055
24 Mauldin $1,029
25 Simpsonville $1,019
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Price information shown is estimated as specific location information can impact price quotes noticeably.

Discounts on South Carolina auto insurance

Insurance companies that offer coverage for a learners permit may additionally offer policy discounts that could lower prices by as much as 35% or more if you meet certain criteria. Larger car insurance companies and their offered discounts are included below.

The illustration below shows the difference between insurance rates with and without discounts applied. The rates are based on a male driver, no driving violations, no at-fault accidents, South Carolina state minimum liability limits, comprehensive and collision coverage, and $250 deductibles. The first bar for each age group shows the average annual price with no discounts. The second bar shows the rates with good student, continuous coverage, vehicle safety, paperless filing, paid-in-full, and anti-theft discounts applied. When these discounts are applied, the average savings per year on car insurance for a learners permit is 28% or $653.

The illustration below demonstrates how deductibles can influence insurance rates when researching cheap insurance for a learners permit in South Carolina. The rates are based on a married male driver, comprehensive and collision coverage, and no other discounts are factored in.

The data above shows that a 40-year-old driver could save $330 a year by increasing from a $100 deductible to a $500 deductible, or save $500 by changing to a $1,000 deductible. Youthful drivers, like the 20-year-old category, could reduce their rates $1,110 every year by using higher deductibles when buying full coverage. If you make the decision to raise deductibles, it will be necessary to have plenty of money set aside to enable you to pay the extra out-of-pocket expense. That is the one disadvantage of using higher deductibles.

Compare quotes and save

South Carolina car insurance rates are impacted by many things that can increase the price you have to pay for coverage. Turning one year older, filing a claim, or getting a ticket for careless driving can trigger changes in premium that can now make some companies cheaper than before. Not only may your risk profile change, but car insurance companies file new South Carolina auto insurance rates every year or even multiple times each year in order to protect their financial rating. Significantly higher losses can result in rate increases, while lower claim expenses may result in lower-priced South Carolina car insurance rates.

As an example, the bar chart below shows a variety of companies that have the cheapest car insurance in South Carolina for a 40-year-old male driver with no prior claims, no tickets, and a high credit rating. If we estimate prices based on his current risk profile, The Hartford may offer the lowest car insurance rates in South Carolina at $745 per year. This is $864 less than the average rate paid by South Carolina drivers of $1,609. USAA, Auto-Owners, State Auto, and SC Farm Bureau Mutual are the remainder of the cheapest South Carolina auto insurance companies.

The chart below compares rates after we give the driver in the first chart a chargeable accident, bad credit, and an imperfect driving record. Since every insurance provider uses their own calculation for determining rates in each state, analyzing rate quotes may now result in a different list of the cheapest companies as shown below.

Travelers now has the lowest car insurance rate in South Carolina with National Grange Mutual, State Farm, USAA, and The Hartford completing the list. This example proves why it is so important to perform a complete rate comparison to get the most affordable auto insurance quotes for a learners permit. Auto insurance prices consist of many things and can change substantially, so the cheapest company when you bought your policy may now be quite expensive.

How to find budget-friendly auto insurance for a learners permit

It is possible to find better rates, and here are a few penny-pinching suggestions that can help South Carolina drivers find more affordable coverage.

The last idea is certainly valuable, as we pointed out in the prior information. Car insurance prices change a lot, so drivers shouldn't hesitate to switch carriers if you can save money. Sticking with a specific company is fine, but it's not recommended if that dedication is costing a fortune every year. If you have a few minutes, now is a great time to compare prices to find cheaper insurance for a learners permit.