Do you want to stop overpaying and find lower-priced insurance rates in Greenville, SC? Did budget coverage turn out to be high-priced insurance? It's quite common and you're not the only one.

Shocking but true, the vast majority of insurance customers kept their coverage with the same insurance company for more than four years, and nearly 40% of drivers have never compared rates with other companies. With the average premium in South Carolina being $1,400, drivers could pocket nearly 55% a year by just shopping around, but they underestimate the large savings they would see if they switch to a new company. Since people have many choices of insurance companies, it can be hard to pick a lower cost company.

It is always a good idea to compare rates periodically because insurance prices are usually higher with each renewal. If you had the best price on insurance two years ago you may be paying too much now. Forget all the misinformation about insurance because we're going to show you the best way to remove unneeded coverages and save money.

Affordable auto insurance in Greenville, SC

The providers in the list below provide free rate quotes in South Carolina. If the list has multiple companies, we suggest you click on several of them in order to find the lowest rates.

Insurance Rates for Popular Vehicles in Greenville
Make, Model, and Trim Level Annual Policy Premium 6-month Policy Premium Monthly Premium
Chevrolet Colorado LT Extended Cab 4WD $804 $402 $67
Chevrolet Silverado LT Regular Cab $1,228 $614 $102
Dodge Grand Caravan SXT $1,210 $605 $101
Dodge Ram Crew Cab Laramie 2WD $1,090 $545 $91
Ford Escape Limited 2WD $786 $393 $66
Ford F-150 FX4 Super Cab 4WD $1,056 $528 $88
Ford Focus SES 4-Dr Sedan $1,242 $621 $104
Honda Accord EX 4-Dr Sedan $1,144 $572 $95
Honda CR-V EX 2WD $670 $335 $56
Honda Civic GX 4-Dr Sedan $1,006 $503 $84
Honda Odyssey EX-L W/Rear Entertainment $1,200 $600 $100
Hyundai Elantra SE 4-Dr Sedan $1,562 $781 $130
Hyundai Sonata Limited 4-Dr Sedan $1,036 $518 $86
Nissan Altima 3.5 SR 2-Dr Coupe $1,086 $543 $91
Toyota Camry SE $1,086 $543 $91
Toyota Corolla XLE $1,228 $614 $102
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Premium data assumes married female driver age 40, no speeding tickets, no at-fault accidents, $500 deductibles, and South Carolina minimum liability limits. Discounts applied include multi-vehicle, claim-free, multi-policy, safe-driver, and homeowner. Table data does not factor in specific location information which can increase or decrease premium rates noticeably.

Auto insurance premiums by gender

The chart below illustrates the difference between insurance costs for male and female drivers in Greenville. The premiums are based on no claims or driving violations, comprehensive and collision coverage, $250 deductibles, single marital status, and no additional discounts are factored in on a Toyota Camry XLE.

Toyota Camry rates are for example purposes only. To get rate quotes for your specific vehicle, click here.

Where to set your deductibles

When comparing auto insurance rates, the most common question is at what level do you set your deductibles. The following tables may help to illustrate the costs and benefits between low and high coverage deductibles. The first set of rates uses a $250 comprehensive and collision deductible and the second data table uses a $1,000 deductible.

Ford Fusion rates are for example purposes only. To get rates for your specific vehicle, click here.

Ford Fusion insurance rates with $250 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion S 4-Dr Sedan $264 $444 $342 $20 $102 $1,197 $100
Fusion SE 4-Dr Sedan $298 $524 $342 $20 $102 $1,311 $109
Fusion Hybrid 4-Dr Sedan $298 $602 $426 $26 $128 $1,505 $125
Fusion SEL 4-Dr Sedan $298 $524 $342 $20 $102 $1,311 $109
Fusion Sport 4-Dr Sedan $298 $524 $342 $20 $102 $1,311 $109
Fusion SEL AWD 4-Dr Sedan $332 $602 $342 $20 $102 $1,423 $119
Fusion Sport AWD 4-Dr Sedan $332 $602 $342 $20 $102 $1,423 $119
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Ford Fusion insurance rates with $1,000 deductibles
Model Comp Collision Liability Medical UM/UIM Annual Premium Monthly Premium
Fusion S 4-Dr Sedan $162 $280 $342 $20 $102 $906 $76
Fusion SE 4-Dr Sedan $184 $330 $342 $20 $102 $978 $82
Fusion Hybrid 4-Dr Sedan $184 $380 $426 $26 $128 $1,144 $95
Fusion SEL 4-Dr Sedan $184 $330 $342 $20 $102 $978 $82
Fusion Sport 4-Dr Sedan $184 $330 $342 $20 $102 $978 $82
Fusion SEL AWD 4-Dr Sedan $204 $380 $342 $20 $102 $1,048 $87
Fusion Sport AWD 4-Dr Sedan $204 $380 $342 $20 $102 $1,048 $87
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Price data assumes married male driver age 30, no speeding tickets, no at-fault accidents, and South Carolina minimum liability limits. Discounts applied include multi-policy, homeowner, safe-driver, multi-vehicle, and claim-free. Rate information does not factor in specific garaging location which can influence auto insurance rates substantially.

Based on this data, using a $250 deductible will cost in the ballpark of $29 more each month or $348 each year than choosing the higher $1,000 deductible. Because you would be required to pay $750 more out of your own pocket with a $1,000 deductible as compared to a $250 deductible, if you normally average more than 26 months between claims, you would come out ahead if you decide on a higher deductible.

Greenville car insurance discounts

Insuring your fleet can be pricey, but you might already qualify for some discounts that many people don't even know exist. Some discounts apply automatically when you quote, but a few must be asked for prior to getting the savings.Car insurance discounts

Keep in mind that most discount credits are not given to the whole policy. The majority will only reduce specific coverage prices like comp or med pay. Even though it may seem like all the discounts add up to a free policy, company stockholders wouldn't be very happy. Any amount of discount will cut the amount you have to pay.

Some of the larger companies that may offer these benefits are:

If you need lower rates, check with every company how many discounts you can get. All car insurance discounts might not be available to policyholders in Greenville. For a list of companies that offer some of these discounts in South Carolina, click here.

Smaller companies may have the best rates

South Carolina consumers constantly see and hear ads that claim the lowest car insurance rates from the likes of GEICO, State Farm and Progressive. All the companies state the claim about saving some big amount after switching your policy.

Is it even possible that every company can offer you a better deal on insurance?

Companies have specific characteristics for the driver that earns them the most money. For example, a profitable customer could possibly be between 30 and 50, has never had a claim, and drives less than 7,500 miles a year. A driver that fits those parameters may get the lowest prices in Greenville and therefore will save some money.

Potential customers who don't meet the requirements will be charged higher premium rates with the end result being business going elsewhere. If you listen to the ad wording, they say "customers who switch" not "everybody who quotes" save the amount stated. That's why insurance companies can advertise the way they do. That is why you really should do a rate comparison at every renewal. It's just too difficult to predict the company that will give you lower car insurance rates than your current company.

One last note

When trying to cut insurance costs, make sure you don't sacrifice coverage to reduce premiums. There are a lot of situations where consumers will sacrifice liability coverage limits to discover at claim time they didn't have enough coverage. The proper strategy is to purchase a proper amount of coverage for the lowest cost while not skimping on critical coverages.

Lower-priced auto insurance in Greenville can be sourced from both online companies and from local insurance agents, so you should be comparing quotes from both to have the best chance of lowering rates. Some companies may not have internet price quotes and usually these small insurance companies work with local independent agencies.

In this article, we presented quite a bit of information on how to shop for auto insurance online. The key concept to understand is the more rate quotes you have, the better your chances of lowering your rates. Consumers could even find that the biggest savings come from a lesser-known regional company. They may have significantly lower rates on certain market segments than the large multi-state companies such as State Farm or Progressive.

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