Has it been a year or more since you last compared quotes for the cheapest car insurance rates in Easley, SC? Expensive car insurance in Easley can take a big chunk out of your budget and require stricter spending habits. Shopping your coverage around is free, only takes a few minutes, and is a good way to tighten up your finances.
Surprisingly, a recent survey revealed that the vast majority of car insurance customers in South Carolina kept their policy with the same company for at least four years, and virtually 40% of consumers have never quoted rates to find cheap coverage. Drivers in America could save an average of about $859 each year just by comparing rates, but they just don't understand how much savings they would realize if they bought a different policy.
With people having so many companies and agents to choose from, it is hard for the average consumer to find the most cost effective company.
Consumers should take time to compare prices quite often because prices are rarely the same from one policy term to another. Just because you had the best price on car insurance six months ago other companies may now be cheaper. Forget anything you know (or think you know) about car insurance because I'm going to let you in on the secrets to the best methods to find the best coverage while lowering your premiums.
Learn how to buy insurance cheaper
Many factors are taken into consideration when you get a price on insurance. Some of the criteria are obvious like a motor vehicle report, but others are more obscure like your vehicle usage or your vehicle rating.
Shown below are a few of the "ingredients" insurance companies consider when setting your premiums.
- Battle of the sexes - Over the last 50 years, statistics have shown that men are more aggressive behind the wheel. However, don't assume that men are WORSE drivers than women. Men and women cause auto accidents in similar numbers, but the men have costlier accidents. In addition to higher claims, males also have more aggressive citations like driving under the influence (DUI). Teenage male drivers tend to get in the most accidents so it costs more to insure them.
- Don't cut corners with liability coverage - The liability section of your policy is the coverage that protects you if ever you are determined to be liable for causing damage or personal injury in an accident. Liability provides you with a defense in court starting from day one. Carrying liability coverage is mandatory and cheap when compared to the cost of physical damage coverage, so drivers should make sure they buy enough to cover all assets.
- When should you not file a insurance claims? - If you're an insured who likes to file claims you can pretty much guarantee higher premiums or even policy non-renewal. Insurance companies in South Carolina generally give lower rates to drivers who are not frequent claim filers. Insurance coverage is meant to be used in the event of larger claims.
- Multiple policies with one company - The majority of insurers give a discount to policyholders who buy several policies from them such as combining an auto and homeowners policy. Discounts can amount to anywhere from five to ten percent in most cases. Even with this discount, drivers will still want to comparison shop to guarantee you are still saving the most.
- Good credit scores equal low premiums - Having a good credit score can be a huge factor in determining your rates. Therefore, if your credit history can be improved, you may save money insuring your vehicle by improving your credit score. People that have excellent credit scores tend to be more responsible and file fewer claims than those with poor credit scores.
- Youthful drivers pay higher premiums - Inexperience drivers are known to be inattentive and easily distracted when behind the wheel therefore insurance rates are much higher. If you've ever had to add a first-time driver to your insurance policy can really hurt. Older, more experienced drivers have been proven to be more responsible, tend to cause fewer accidents, and usually have better credit.
The quickest method to get policy rate comparisons is to know the trick auto insurance companies actually pay money for the chance to quote your coverage. To get started, all you need to do is provide details including driver ages, how many miles driven, your general credit rating, and how your vehicles are used. Your details is automatically sent to multiple companies and you get price estimates quickly.
To find lower rates now, click here and complete the quick form.
The companies shown below provide quotes in South Carolina. If multiple companies are shown, we suggest you click on several of them to get the lowest price.
|Make, Model, and Trim Level||Annual Policy Premium||6-month Policy Premium||Monthly Premium|
|Chevrolet Colorado LT 2WD||$818||$409||$68|
|Chevrolet Malibu LTZ||$1,166||$583||$97|
|Chevrolet Silverado LS Extended Cab 4WD||$904||$452||$75|
|Dodge Ram Crew Cab Laramie 4WD||$1,280||$640||$107|
|Ford Escape Limited 2WD||$786||$393||$66|
|Ford F-150 XL Regular Cab 2WD||$1,010||$505||$84|
|Ford Focus SES 4-Dr Sedan||$1,072||$536||$89|
|Honda Accord LX-P 4-Dr Sedan||$758||$379||$63|
|Honda CR-V EX-L 2WD||$1,024||$512||$85|
|Honda Civic LX-S 4-Dr Sedan||$1,190||$595||$99|
|Kia Optima SX||$1,320||$660||$110|
|Nissan Altima Hybrid 4-Dr Sedan||$968||$484||$81|
|Toyota Camry Hybrid||$1,030||$515||$86|
|Toyota Corolla S||$1,448||$724||$121|
|Get Your Own Custom Quote Go|
Table data represents married male driver age 50, no speeding tickets, no at-fault accidents, $250 deductibles, and South Carolina minimum liability limits. Discounts applied include claim-free, multi-policy, safe-driver, multi-vehicle, and homeowner. Rate quotes do not factor in specific location information which can revise premiums noticeably.
Rate comparison for different deductibles
The information below illustrates how your choice of deductibles and can impact Ford Fusion insurance costs for each age group. The premiums assume a single male driver, full coverage, and no discounts are factored in.
Ford Fusion rates are for example purposes only. To get rates for your specific vehicle, click here.
Full coverage rates compared to liability-only
The illustration below visualizes the comparison of Honda Pilot car insurance rates when comparing full coverage to state minimum liability only. The data is based on no driving violations, no at-fault accidents, $500 deductibles, single male driver, and no other discounts are factored in.
Honda Pilot rates are for example purposes only. To get rates for your specific vehicle, click here.
When to stop buying physical damage coverage
There is no set guideline of when to eliminate physical damage coverage on your policy, but there is a guideline you can use. If the annual cost of coverage is more than around 10% of any settlement you would receive from your insurance company, then you may want to consider only buying liability coverage.
For example, let's assume your Honda Pilot replacement value is $7,000 and you have $1,000 policy deductibles. If your vehicle is totaled, the most you would receive is $6,000 after paying the physical damage deductible. If you are paying more than $600 a year for your policy with full coverage, then you may want to consider only buying liability coverage.
There are some situations where dropping physical damage coverage is not advised. If you haven't paid off your loan, you must maintain physical damage coverage in order to keep the loan. Also, if you don't have enough money to buy a different vehicle if your current one is in an accident, you should not eliminate full coverage.
Big names are not always cheapest
Popular car insurance providers such as State Farm, Allstate and GEICO endlessly run ads in print and on television. They all state the claim that you'll save big after switching your coverage. But how can every company say the same thing? It's all in the words they use.
Most companies have underwriting criteria for the type of driver that earns them the highest profit. A good example of a profitable customer might be over age 30, has no driving citations, and has great credit. Any person that meets those criteria will qualify for the lowest prices in Easley and will most likely save when they switch companies.
Potential customers who are not a match for the ideal profile may receive higher premiums and the driver buying from a lower-cost company. The ads state "customers who switch" not "everybody who quotes" save the amount stated. That is how companies can truthfully make claims that they all have the best rates. This really emphasizes why you absolutely need to do a quote comparison often. It is impossible to guess which car insurance company will give you lower prices than your current company.
Choosing vehicle insurance is an important decision
Even though it can be expensive, buying car insurance serves an important purpose.
First, almost all states have minimum liability requirements which means you are required to carry a minimum amount of liability in order to get the vehicle licensed. In South Carolina these limits are 25/50/25 which means you must have $25,000 of bodily injury coverage per person, $50,000 of bodily injury coverage per accident, and $25,000 of property damage coverage.
Second, if you took out a loan on your vehicle, almost all lenders will make it mandatory that you carry insurance to guarantee their interest in the vehicle. If you default on your policy, the lender may have to buy a policy to insure your vehicle at an extremely high rate and force you to pay for the much more expensive policy.
Third, car insurance protects your car and your assets. Insurance will pay for medical transport and hospital expenses for yourself as well as anyone injured by you. Liability insurance will also pay attorney fees if anyone sues you for causing an accident. If you receive damage to your vehicle caused by a storm or accident, collision and comprehensive (also known as other-than-collision) coverage will pay to have it repaired.
The benefits of having insurance outweigh the cost, particularly for liability claims. But the average American driver is wasting up to $865 each year so compare quotes from several companies at least once a year to ensure rates are competitive.
These discounts can slash auto insurance rates
Auto insurance is neither fun to buy or cheap, but you might find some hidden discounts that can help lower your rates. Certain reductions will be credited when you purchase, but occasionally some discounts must be requested specifically before they will apply.
- Accident Forgiveness - This one is not really a discount per se, but certain companies allow you one accident before your rates go up if your claims history is clear prior to the accident.
- Theft Deterrent System - Vehicles equipped with anti-theft or alarm systems help deter theft and can earn a small discount on your policy.
- Pay Early and Save - If you pay your entire premium ahead of time instead of making monthly payments you can avoid the installment charge.
- Student Discount for Driver Training - Require your teen driver to successfully take a driver's education course if offered at their school.
- Savings for New Vehicles - Insuring a new car can save up to 30% because newer models are generally safer.
- Student Discounts - Being a good student can get you a discount of up to 25%. This discount can apply up until you turn 25.
- Anti-lock Brake Discount - Cars with ABS braking systems or traction control prevent accidents and the ABS can save up to 10%.
- Senior Citizen Discount - Seniors can possibly qualify for a slight reduction on a Easley car insurance quote.
As a sidenote, most discounts do not apply to the overall cost of the policy. Most only apply to individual premiums such as liability, collision or medical payments. Even though it may seem like having all the discounts means you get insurance for free, you aren't that lucky.
A few popular companies and their possible discounts are shown below.
- State Farm may offer discounts for multiple autos, student away at school, safe vehicle, multiple policy, Drive Safe & Save, accident-free, and passive restraint.
- GEICO may have discounts that include five-year accident-free, good student, membership and employees, seat belt use, military active duty, air bags, and federal employee.
- Allstate may include discounts for passive restraint, teenSMART discount, anti-theft, defensive driver, premier discount, and good student.
- SAFECO policyholders can earn discounts including multi-car, anti-theft, drive less, accident prevention training, homeowner, and teen safety rewards.
- Farm Bureau offers discounts for multi-vehicle, safe driver, driver training, youthful driver, multi-policy, and good student.
- Progressive discounts include multi-policy, homeowner, online signing, online quote discount, and continuous coverage.
- AAA has savings for good student, multi-policy, pay-in-full, good driver, and AAA membership discount.
When getting a coverage quote, ask every company which discounts you may be entitled to. Savings may not apply to policyholders in every state.
Compare prices but still have a neighborhood Easley auto insurance agent
Certain consumers prefer to talk to an insurance agent and doing that can be a smart decision The biggest benefit of comparing insurance prices online is that you can obtain better rates and still choose a local agent.
To help locate an agent, after submitting this form (opens in new window), the coverage information is immediately sent to local insurance agents that can provide free Easley car insurance quotes for your insurance coverage. There is no need to leave your computer because prices are sent to you instantly. Get lower rates AND a local agent. If you need to get a comparison quote from a particular provider, don't hesitate to jump over to their website and fill out their quote form.
Choosing the best insurance company should depend on more than just a low price. These questions are important to ask:
- What insurance companies do they work with in Easley?
- How are claims handled?
- What is their Better Business Bureau rating?
- How long have they been in business?
- Is vehicle damage repaired with OEM or aftermarket parts?
Two types of Easley auto insurance agents
When researching a local Easley insurance agency, there are two different agency structures and how they function. Insurance agents are classified as either independent or exclusive depending on the company they work for.
Exclusive Insurance Agents
These agents write business for a single company such as State Farm, Allstate, or Farmers Insurance. Exclusive agents cannot compare rates from other companies so keep that in mind. These agents receive a lot of sales training on the products they sell and that enables them to sell even at higher rates.
Independent Insurance Agents
Agents that choose to be independent do not have single company limitations so they can write business with an assortment of companies enabling the ability to shop coverage around. If you are not satisfied with one company, they simply move the coverage in-house and you can keep the same agent. When searching for an agent, you will definitely want to get several quotes from a few independent agents for maximum quote selection.
You may need specialized insurance coverage
Always remember that when buying your policy for your personal vehicles, there really is no best way to insure your cars. Your needs are unique to you and your insurance should unique, too. These are some specific questions can help discover if your situation may require specific advice.
- Do I get a pro-rated refund if I cancel my policy early?
- How long can I keep a teen driver on my policy?
- What does roadside assistance cover?
- What is the difference between comprehensive and collision coverage?
- How high should deductibles be on a vehicle?
- Are there companies who specialize in insuring high-risk drivers?
- How much underlying liability do I need for an umbrella policy?
- Am I covered if I back into my garage door?
- Do I need rental car coverage?
If it's difficult to answer those questions but one or more may apply to you, then you may want to think about talking to a licensed insurance agent. To find lower rates from a local agent, fill out this quick form or you can go here for a list of companies in your area.
More quotes mean more auto insurance savings
Budget-friendly auto insurance in Easley is possible both online as well as from independent agents in Easley, so get free Easley car insurance quotes from both of them so you have a total pricing picture. Some insurance companies do not offer the ability to get a quote online and most of the time these smaller providers provide coverage only through local independent agencies.
We just covered quite a bit of information on how to compare auto insurance premium rates in Easley. The key thing to remember is the more companies you get prices for, the more likely it is that you will get a better rate. Consumers may even find the best price on auto insurance is with the smaller companies. Some small companies may often insure only within specific states and give getter rates as compared to the big name companies such as GEICO and State Farm.
When you buy Easley car insurance online, don't be tempted to buy poor coverage just to save money. There have been many situations where an insured cut physical damage coverage only to discover later that they should have had better coverage. Your strategy should be to purchase a proper amount of coverage for the lowest cost, not the least amount of coverage.
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