The South Carolina Department of Insurance’s car insurance calculator provides estimates for car insurance in South Carolina. These estimates are based on a set of criteria and may vary from person to person. These estimates do not represent a quote, and the premiums that you pay may be higher than those estimates. You should consult your insurance agent for the actual cost of your insurance policy. If you have any questions, don’t hesitate to ask us.
Rates for young drivers
If you are a young driver in South Carolina, you should compare rates. Young drivers tend to pay more for auto insurance than older drivers. Rates for young drivers on a South Carolina car insurance calculator are often 2.4 times higher than rates for other age groups. In addition, the amount of coverage a driver receives is a major factor in determining price. Higher coverage means more protection, but higher rates mean higher costs.
Insurance premiums increase for young drivers when they get a speeding ticket. If you have less experience than an experienced driver, your rates will increase by up to 13%. In order to get the cheapest insurance for young drivers, try Geico. The average annual rate for young drivers with Geico is $123 per month. This rate is 48% lower than the average South Carolina rate for the same type of coverage. Geico offers lower rates for current military members and their families.
Rates for older drivers
Insurance companies base your rates on several factors, including your age. However, you should take a few precautions when selecting an insurer to avoid overpaying. A good way to find the best rates for older drivers is to compare quotes from different companies and to keep track of the discounts you can get. For instance, you can enroll in a defensive driving course to lower your premium. Most insurers offer discounts for senior drivers who take such courses.
The average rate for a married 60-year-old driver in South Carolina is $1,498 for men and $1,463 for women. Geico is the cheapest insurer in South Carolina for these drivers, with rates of just $981 per year. On the other hand, Farmers is the most expensive insurer in South Carolina for married seniors. Their average rates are $3,432 per year for female drivers and $3,095 for men.
Rates for married drivers
If you’re a married driver, you might be interested in finding out how much you could save on your auto insurance in South Carolina. Married drivers are less likely to get into accidents than single drivers, so many insurers offer lower rates for married drivers. The average premium for full coverage for married drivers in South Carolina is 9% lower than that of a single driver.
Listed drivers also tend to pay lower premiums than single drivers. The difference is about $932 a year, or $78 a month. Your premiums will vary based on your location, your age and your driving history. The company you used to insure your vehicle can affect the amount of money you pay. If you have a long history of accidents, companies will charge you higher premiums. You can also lower your premiums by choosing a higher deductible. However, keep in mind that higher deductibles also require you to pay more out of pocket if you need to make a claim.
Rates for drivers with poor credit
If you have a poor credit rating and are looking for car insurance in South Carolina, there are several companies that offer bad credit car insurance rates. GEICO is one of these companies. They charge an average of $1,676 for an annual policy, based on the driver’s credit score. GEICO also offers a variety of different coverage levels.
Your credit score is one of the primary factors in determining your insurance rates, although there are other factors that affect your premium, such as ZIP code and driving record. Nevertheless, a bad credit score can have a significant effect on the amount you pay monthly. Even a slightly better credit score can save you hundreds of dollars each year.