The words "low-cost" and "insurance" really don't belong together, specifically when you are searching for the cheapest coverage for good drivers. Because it's so expensive, let's familiarize you with some situations that can significantly affect insurance prices, and find some ways to slash the price of your next policy.
The vehicle model that needs insurance is a large consideration that determines if you can find affordable insurance for good drivers. Vehicles with limited speed and performance, good crash test ratings, or a positive history of liability claims will cost much less to insure than high performance models. The table below shows coverage premiums for a number of the most economical automobiles to insure.
|Vehicle Insured||Estimated Cost for Full Coverage|
|Hyundai Elantra GLS Touring Station Wagon||$811|
|Ford Escape XLT 4WD||$829|
|Volkswagen Jetta 2.0T Station Wagon||$945|
|Chevrolet Silverado LS Extended Cab 4WD||$958|
|Chevrolet Malibu LS||$965|
|Dodge Grand Caravan SXT||$976|
|Nissan Altima 2.5 S 4-Dr Sedan||$1,007|
|Chevrolet Impala LTZ||$1,012|
|Toyota Corolla XLE||$1,007|
|Honda CR-V EX 4WD||$1,017|
|Ford Edge SE 2WD||$1,019|
|Jeep Grand Cherokee Limited 4WD||$1,025|
|Chevrolet Equinox LTZ AWD||$1,030|
|GMC Sierra 3500HD SLE Regular Cab 2WD||$1,043|
|Chevrolet Silverado 3500HD LT Crew Cab 2WD||$1,051|
|Ford Focus SES 2-Dr Coupe||$1,076|
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Price data assumes single female driver age 40, no speeding tickets, no at-fault accidents, $1,000 deductibles, and South Carolina minimum liability limits. Discounts applied include homeowner, safe-driver, multi-policy, multi-vehicle, and claim-free. Information does not factor in vehicle garaging location which can affect rates greatly.
Looking at the numbers, you can infer that vehicles like the Hyundai Elantra, Ford Escape, Volkswagen Jetta, and Chevrolet Silverado are most likely to be some of the more affordable vehicles to insure for safe drivers.
For safe drivers, one of the largest criteria that are used to help calculate the cost of insurance is where you keep your vehicle in South Carolina. Areas with high crime rates or more dense population like Florence, Goose Creek, and Socastee tend to have more expensive car insurance rates, whereas areas with less congestion can boast about having cheaper rates.
The next table shows the priciest cities in South Carolina for good drivers to buy car insurance in.
|12||Hilton Head Island||$1,162|
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Information shown are approximated as the specific zip code location can decrease or increase auto insurance rates significantly.
Buying coverage from a highly-rated auto insurance company can be a challenge considering how many choices there are in South Carolina. The ranking information in the next section could help you decide which auto insurers you want to consider when insurance shopping for good drivers. The ratings below only include companies with a national presence, so companies that have a smaller presence are not included in these rankings.
Top 10 Major Auto Insurance Companies in South Carolina Ranked by Customer Service
- AAA Insurance
- Safeco Insurance
- State Farm
- The Hartford
- The General
Top 10 Major Auto Insurance Companies in South Carolina Ranked by A.M. Best Rating
- Travelers - A++
- USAA - A++
- GEICO - A++
- State Farm - A++
- Titan Insurance - A+
- Esurance - A+
- Progressive - A+
- Nationwide - A+
- The Hartford - A+
- Allstate - A+
How to get discounts on South Carolina car insurance
Car insurance companies that sell policies for good drivers may also give you price discounts that may potentially lower prices by as much as 35% or more if you are eligible to receive them. Companies and some of their more popular discounts are shown below.
- State Farm offers premium reductions for passive restraint, Drive Safe & Save, good driver, multiple autos, defensive driving training, and anti-theft.
- American Family includes discounts for bundled insurance, early bird, TimeAway discount, accident-free, Steer into Savings, multi-vehicle, and good student.
- GEICO offers discounts including federal employee, anti-theft, five-year accident-free, multi-policy, anti-lock brakes, and defensive driver.
- 21st Century has savings for defensive driver, student driver, air bags, 55 and older, anti-lock brakes, automatic seat belts, and good student.
- Progressive offers discounts for good student, multi-vehicle, online quote discount, multi-policy, continuous coverage, and homeowner.
The example below illustrates the difference between annual premium costs with and without discounts. The costs are based on a female driver, no driving violations, no at-fault accidents, South Carolina state minimum liability limits, full physical damage coverage, and $250 deductibles. The first bar for each age group shows premium with no discounts. The second shows the rates with defensive driving course, anti-theft, passive restraint, claim-free, homeowner, and accident-free discounts applied. In this example, theamount saved on insurance for good drivers is 28% or $470.
Tips for finding budget-friendly car insurance for good drivers in South Carolina
The list below details a few penny-pinching ideas that can help drivers buy more affordable car insurance.
- Clean up your credit
- Buy vehicles with good safety ratings
- Increase your physical damage deductibles
- Avoid accidents and claims
- Keep your driving record clean
- Shop around and save
That last tip is remarkably vital, as was affirmed in this article. Prices change a lot, so drivers shouldn't hesitate to change insurance companies if you find a cheaper price. Many drivers have brand loyalty and that's fine, but it's not recommended if that faithfulness ends up costing you lots of money. In just a few minutes you could compare prices and find cheaper car insurance for good drivers.