It's hard to miss the captivating commercials from companies like State Farm, Allstate, and Farmers that make promises of huge savings. So drivers should just pick the company with the catchiest ad, right?

That is not the case, however, as there are a whole bunch of unknown factors like whether you are male or female, if you have a spouse, and the amount of coverage you want, that help determine the price you have to pay. This article should teach you a little about the best ways to find cheap auto insurance and will hopefully give the reader a good start to your coverage search.

Finding dependable, reasonably-priced car insurance is difficult, and figuring out which insurers offer the cheapest auto insurance rates for business use in South Carolina may require even more rate comparisons. Insurance premiums should be somewhat more than the state average, with the extra cost attributed to the posibility of more claims that goes along with selling coverage for using your car for business, but reasonably-priced coverage may be achievable if you are thorough.

Every auto insurer has a unique formula to determine rates, so let's begin by taking a look at the auto insurance companies with the overall best prices in South Carolina.

Find Cheaper Auto Insurance for Business Use

Start Your Free Quote

Cheapest insurance companies in South Carolina
Rank Company Cost Per Year
1 The Hartford $752
2 USAA $985
3 State Auto $1,127
4 Auto-Owners $1,141
5 Southern Farm Bureau $1,286
6 SC Farm Bureau Mutual $1,298
7 Travelers $1,356
8 National Grange Mutual $1,361
9 State Farm $1,366
10 Allstate $1,637
11 Progressive $1,660
12 Encompass $1,707
13 Nationwide $1,814
14 Safe Auto $1,907
15 GEICO $2,001
16 Liberty Mutual $2,415
17 Bristol West $2,468
18 Safeco $2,663
Quote Your Rates Go

The Hartford offers some of the lowest car insurance rates in South Carolina at around $752 per year. USAA, State Auto, Auto-Owners, and Southern Farm Bureau also are some of the most economical South Carolina insurance companies.

As shown above, if you currently buy coverage from Auto-Owners and switched to USAA, you might achieve an annual premium reduction of in the vicinity of $156. Drivers with Southern Farm Bureau may save as much as $301 a year, and SC Farm Bureau Mutual customers might realize rate reductions of up to $313 a year.

These policy prices are averaged across all ages of drivers and types of vehicles and do not take into consideration a rate increase for business use. So the auto insurance company that fits your needs best may not even be in the top 18 companies shown above. That points out the importance of why you need to get quotes using your own driver data and vehicle information.

The car, truck, or SUV that needs insurance is one of the largest factors when comparing quotes for the best cheap auto insurance for business use. Vehicles with high performance, a lack of safety features, or a track record of large liability claims will cost significantly more to insure than safer, lower-performance models. The list below presents car insurance rates for a number of the most affordable automobiles to insure in South Carolina.

Cheapest Vehicles to Insure for Business Use in South Carolina
Vehicle Estimated Cost for Full Coverage
Ford F-150 XLT Regular Cab 2WD $890
Toyota Prius $896
Honda CR-V LX 4WD $927
Honda Accord LX 4-Dr Sedan $936
Honda Odyssey EX W/Rear Entertainment $939
Volkswagen Jetta S 2.5 Station Wagon $1,005
Ford Fusion Sport 4-Dr Sedan $1,025
Dodge Grand Caravan SE $1,039
Ford Explorer XLT 4WD $1,048
Chevrolet Silverado 3500HD LTZ Crew Cab 2WD $1,062
Ford Escape Limited 4WD $1,080
Jeep Wrangler Sport Islander Package 4WD 2-Dr $1,088
Toyota Camry Hybrid $1,095
Chevrolet Silverado LS Crew Cab 2WD $1,103
Toyota Camry LE $1,097
Dodge Ram Crew Cab Sport 2WD $1,113
Chevrolet Malibu LT $1,117
Dodge Ram 2500 Crew Cab SLT 2WD $1,146
Ford Edge SE AWD $1,152
Hyundai Elantra SE 4-Dr Sedan $1,154
Toyota Corolla LE $1,160
Chevrolet Silverado 2500HD LT Extended Cab Diesel 2WD $1,164
Toyota RAV4 2WD $1,174
Find Cheaper Rates Go

Data assumes single female driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and South Carolina minimum liability limits. Discounts applied include multi-vehicle, claim-free, safe-driver, multi-policy, and homeowner. Prices do not factor in your specific South Carolina location which can revise insurance rates considerably.

Looking at the rates, you can conclude that vehicles like the Ford F-150, Toyota Prius, Honda CR-V, Honda Accord, and Honda Odyssey are most likely to be a few of the cheaper vehicles to insure for using your car for business. The price for car insurance will tend to be more expensive anyway because there is more claim exposure for business use, but generally speaking those particular vehicles will tend to have the lowest insurance rates that you'll find.

For using your car for business, one of the largest things that are looked at to determine insurance cost is your zip code. Areas with high crime rates or more dense population like Florence, Goose Creek, and Sumter tend to have more expensive auto insurance rates, whereas areas that tend to be more rural profit from lower rates.

The table below rates the most expensive areas in South Carolina for business use to purchase a policy in.

South Carolina cities ranked by car insurance cost
Rank City Annual Rate
1 Florence $1,311
2 North Charleston $1,301
3 Goose Creek $1,284
4 Summerville $1,252
5 Sumter $1,239
6 Charleston $1,235
7 Socastee $1,223
8 Columbia $1,213
9 Mount Pleasant $1,189
10 Myrtle Beach $1,174
11 Hilton Head Island $1,173
12 Saint Andrews $1,160
13 Greenwood $1,143
14 North Augusta $1,139
15 Greenville $1,100
16 Aiken $1,097
17 Anderson $1,094
18 Rock Hill $1,091
19 Spartanburg $1,083
20 Wade Hampton $1,080
Compare Prices Now Go

Prices are comparative as the specific South Carolina residence address can raise or lower prices substantially.

Accidents and violations increase rates

The easiest way to earn the most affordable auto insurance premiums in South Carolina for using your car for business is to pay attention while driving and avoid at-fault accidents and violations. The information below shows how speeding tickets and accidents raise insurance prices for each different age category. The rates are based on a single male driver, full physical damage coverage, $500 deductibles, and no discounts are taken into consideration.

The data in the chart shows the average cost of auto insurance in South Carolina per year with a clean driving record and no accidents is $1,763. Get one speeding ticket and the average cost jumps to $1,984, an increase of $221 each year. Next add two accidents along with the one speeding ticket and the annual cost of auto insurance for business use in South Carolina jumps again to an average of $3,927. That's an increase of $2,164, or $180 per month, just for not driving safely!

Discounts on South Carolina insurance rates

Insurers that provide coverage for business use may also give you policy discounts that could potentially reduce rates by 40% or more if you qualify. Companies and their offered discounts are shown below.

The information below visualizes the comparison of yearly insurance costs with and without some available policy discounts. The price estimates are based on a female driver, no claims or violations, South Carolina state minimum liability limits, full physical damage coverage, and $1,000 deductibles.

The first bar for each age group shows the price with no discounts. The lower bar shows the rates with multiple policy, homeowner, marriage, passive restraint, anti-theft, and multiple vehicle discounts applied. When drivers take advantage of discounts, the average amount saved each year on auto insurance for business use is 28% or $410.

Insuring your vehicle with the best auto insurance company can be challenging considering how many different companies there are to choose from in South Carolina. The company information displayed below could help you decide which auto insurance companies you want to consider shopping your coverage with.

The rankings below only include the largest companies in America, so smaller companies that only insure vehicles in South Carolina are not included in this list. To compare prices and find cheaper insurance for business use, just click here.

Best Ten Auto Insurance Companies for Business Use in South Carolina
Company Value Customer Service Claims Customer Satisfaction A.M Best Rating Overall Score
Travelers 93 98 99 88% A++ 95.1
USAA 83 99 100 91% A++ 94.1
AAA Insurance 91 95 92 90% A 93.3
Nationwide 85 95 97 89% A+ 92.4
Allstate 77 100 97 88% A+ 90.7
State Farm 80 94 96 88% A++ 90.6
The Hartford 88 93 91 87% A+ 90.4
Safeco Insurance 91 95 85 88% A 90.2
Progressive 88 94 83 88% A+ 90.1
American Family 91 86 95 83% A 89.7
Compare Rates Now Go

Data Source: Best Car Insurance Companies

The importance of shopping around

South Carolina auto insurance rates are determined by lots of factors that control the price of your policy. Improving your credit score, filing a claim, or getting a speeding ticket can trigger rate changes that can cause some rates to be more affordable than before. And not only may your rating factors change, but auto insurance companies modify pricing as needed in order to maintain liquidity for claims. An unexpected high level of claims may result in increased rates, while long-term profits can cause lower-cost South Carolina car insurance rates.

To illustrate this example, the graph below compares the cheapest car insurance in South Carolina for a 30-year-old female driver with no accidents, a clean driving record, and a good credit rating. If we estimate prices based on her current risk profile, The Hartford may have the most affordable car insurance rates in South Carolina at $745 per year. This is $864 less than the average premium paid by South Carolina drivers of $1,609. USAA, Auto-Owners, State Auto, and SC Farm Bureau Mutual are also on the list of the cheapest South Carolina auto insurance companies.

In the next rate comparison, we'll give the driver from above a couple of claims, a lower credit rating, and a traffic citation. Since each company has a different formula to establish rates, comparing insurance quotes could result in a different set of cheap South Carolina auto insurance companies as shown below.

National Grange Mutual now has the lowest car insurance rate in South Carolina with Travelers, USAA, State Farm, and Auto-Owners now being in the top five. This example demonstrates why it is critical to compare many different companies when trying to find the most budget-friendly car insurance quotes for business use.

Prices are impacted by many factors and change frequently, so the cheapest company the last time you compared rates may now be an over-priced policy.