One of the more important considerations that help determine the annual cost of car insurance is where you normally keep your vehicle. Areas with more people or even just a higher incidence of claims tend to pay more, whereas areas that tend to be more rural have the benefit of cheaper auto insurance prices.
The information below shows the highest-priced areas in South Carolina in which to purchase auto insurance. Goose Creek ranks #2 with an annual cost of $1,284 on average, which is around $107 monthly.
|12||Hilton Head Island||$1,162|
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Premium costs are estimated as zip code location can decrease or increase premium rates substantially.
Having seen where Goose Creek ranks compared to other areas, deciphering which companies offer the best car insurance rates in Goose Creek will take more time thank just comparing rates from one or two companies. Every insurance provider has their own unique process for determining rates in each state, so let's take a look at the lowest cost car insurance companies in South Carolina.
Best Insurance Companies in Goose Creek
|Rank||Company||Cost Per Year|
|5||SC Farm Bureau Mutual||$1,260|
|6||Southern Farm Bureau||$1,298|
|7||National Grange Mutual||$1,335|
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The Hartford normally has some of the cheapest car insurance rates in Goose Creek at around $775 a year. This is $834 less than the average premium paid by South Carolina drivers of $1,609. USAA, State Auto, Auto-Owners, and SC Farm Bureau Mutual also qualify as some of the best Goose Creek, SC auto insurance companies.
In the rate table above, if you buy coverage from Auto-Owners and switched to The Hartford, you could realize an annual premium reduction of about $344. Policyholders with SC Farm Bureau Mutual could save as much as $485 a year, and Southern Farm Bureau customers might reduce rates by $523 a year.
To compare your rates to other South Carolina insurance companies, click here to start your free quote or visit any of the low-priced companies below.
Bear in mind that those premiums are averaged across all insureds and vehicles and do not factor in an exact vehicle garaging location in Goose Creek. So the car insurance company that has the cheapest rates for you may not even be in the top 18 companies in the list above. That affirms the importance of why you need to quote rates from many companies using your own specific driver and vehicle information.
Shop around and save
South Carolina car insurance rates are calculated based on many things that can increase the price of your policy. Simply getting older, increasing liability limits, or getting a ticket for running a stop sign can produce rate changes that can make some companies cheaper in comparison to the competition.
Not only may things change on your end, but companies change premium rates without warning to reflect underwriting profits or losses. Heavier than normal losses may result in higher priced premiums, while long-term profits can produce lower-cost Goose Creek car insurance rates.
To illustrate this example, the graph below shows the cheapest car insurance in Goose Creek, SC for a 40-year-old male driver with no violations or accidents, and solid credit. If we estimate rates based on his current rating profile, The Hartford might offer the best car insurance rates in Goose Creek at $911 per year. This is $698 less than the average price paid by South Carolina drivers of $1,609. USAA, State Auto, Auto-Owners, and Southern Farm Bureau are also on the list of the most affordable Goose Creek, SC auto insurance companies.
Now let's give the driver from the first set of rates some claims, a lower credit rating, and a speeding ticket. Because each insurer has a proprietary method for establishing rates, comparing quotes may now result in a significantly different list of companies as shown below.
Travelers now has the best insurance rate in Goose Creek, SC with National Grange Mutual, State Farm, USAA, and The Hartford now rounding out the top five. This example illustrates why it is critical to shop around to get affordable insurance rates in Goose Creek. Insurance prices are calculated by many different factors and can decrease or increase without notice, so the cheapest option a year ago may now be costing you a lot of money.
The vehicle to be insured is one of the primary factors when trying to find the best cheap insurance in Goose Creek. Vehicles with lots of horsepower, poor passenger safety features, or a high likelihood of having liability claims will cost substantially more to insure than safer models.
The list below estimates auto insurance prices for a handful of the most cost-effective vehicles to buy insurance for.
|Make, Model, and Trim Level||Estimated Cost for Full Coverage|
|Hyundai Elantra GLS Touring Station Wagon||$1,179|
|Honda CR-V EX 4WD||$1,206|
|Ford Escape Limited 2WD||$1,318|
|Volkswagen Jetta S 4-Dr Sedan||$1,394|
|Toyota Tacoma Double Cab 4WD||$1,404|
|Jeep Wrangler Unlimited Sport 2WD 4-Dr||$1,409|
|Honda Odyssey LX||$1,411|
|Chevrolet Silverado LT Extended Cab 2WD||$1,492|
|Chevrolet Impala LS||$1,494|
|GMC Sierra SLE Crew Cab 2WD||$1,497|
|Ford Fusion SE 4-Dr Sedan||$1,504|
|Dodge Grand Caravan SE||$1,499|
|Chevrolet Silverado 3500HD LT Crew Cab 2WD||$1,521|
|Toyota Camry LE||$1,526|
|Toyota RAV4 Limited 4WD||$1,536|
|Ford Edge SEL AWD||$1,536|
|Chevrolet Malibu LT||$1,555|
|Honda Accord EX 2-Dr Coupe||$1,568|
|Chevrolet Equinox LT AWD||$1,570|
|Ford Explorer Limited AWD||$1,607|
|Honda Civic LX 4-Dr Sedan||$1,609|
|Ford Focus SEL 4-Dr Sedan||$1,614|
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Premium data assumes single male driver age 50, no speeding tickets, no at-fault accidents, $1,000 deductibles, and South Carolina minimum liability limits. Discounts applied include homeowner, multi-policy, claim-free, safe-driver, and multi-vehicle. Rate information does not factor in vehicle garaging location which can increase or decrease coverage prices substantially.
Based on these rates, you can expect models like the Hyundai Elantra, Honda CR-V, and Ford Escape will definitely be some of the more affordable vehicles to insure for drivers in Goose Creek.
Cautious Goose Creek drivers save money
The easiest way to receive affordable insurance prices in South Carolina for drivers in Goose Creek is to be a cautious driver and avoid tickets and accidents. The example below illustrates how violations and at-fault accidents drive up premium costs for different ages of insureds. The information is based on a single male driver, full physical damage coverage, $250 deductibles, and no additional discounts are factored in.
In the example above, the average cost of an auto insurance policy in Goose Creek per year with no accidents or violations is $2,437. Get two speeding tickets and the average cost rises to $3,231, an increase of $794 each year. Now get two accidents along with the two speeding tickets and the annual cost of insurance in Goose Creek increases to an average of $6,141. That's an increase of $3,705, or $309 per month, just for being a careless driver!
Discount Goose Creek insurance
Auto insurance companies that offer cheap quotes in Goose Creek may also provide premium discounts that could reduce prices by 30% or more if you qualify for them. Larger insurance companies and some of their more popular discounts are detailed below.
- Progressive offers discounts for homeowner, online quote discount, multi-vehicle, continuous coverage, online signing, and good student.
- SAFECO includes discounts for accident prevention training, anti-theft, drive less, teen safe driver, teen safety rewards, and bundle discounts.
- American Family may include discounts for air bags, Steer into Savings, good student, early bird, multi-vehicle, TimeAway discount, and mySafetyValet.
- MetLife has discounts for defensive driver, accident-free, good student, multi-policy, good driver, and claim-free.
- GEICO policyholders can earn discounts including defensive driver, daytime running lights, military active duty, membership and employees, multi-vehicle, and emergency military deployment.
- The Hartford may offer discounts for driver training, good student, vehicle fuel type, bundle, and defensive driver.
The chart below illustrates the comparison of insurance rates with and without discounts. The premiums are based on a male driver, no violations or claims, South Carolina state minimum liability limits, full coverage, and $250 deductibles.
The first bar for each age group shows the average rate with no discounts. The second bar shows the rates with passive restraint, homeowner, anti-theft, claim-free, vehicle safety, and safe-driver discounts applied. When discounts are applied, theamount saved on insurance in Goose Creek is 28% or $495.
Should you buy full coverage?
Reducing premiums for insurance should be important to the majority of people, and one easy way to buy cheap insurance in Goose Creek is to only buy liability insurance. The illustration below visualizes the comparison of premium costs with full physical damage coverage compared to only buying the minimum liability limits required in South Carolina. The premiums assume no claims, a clean driving record, $100 deductibles, single status, and no discounts are applied.
Averaged for all ages 20 through 70, comprehensive and collision coverage on your policy costs an extra $1,957 per year more than just insuring for liability. At some point, almost every driver questions if physical damage coverage is worth the money. There is no definitive rule of when to eliminate physical damage coverage on your policy, but there is a general convention. If the yearly cost for physical damage coverage is more than 10% of the replacement cost minus the deductible, then it might be time to buy liability only.
For example, let's pretend your vehicle's replacement cost is $4,000 and you have $1,000 policy deductibles. If your vehicle is destroyed, the most you would receive is $3,000 after paying your deductible. If you are paying more than $300 a year for physical damage coverage, then you might want to consider buying only liability coverage.