Scroll down for current facts, stats, state laws, local rates and handy tips for finding low cost car insurance in South Carolina. Securing the perfect premium package is easier than it looks.
South Carolina Minimum Liability Coverage
The minimum required amount of coverage per vehicle in South Carolina is 25/50/25. This is a kind of shorthand among insurance professionals meaning that every driver in South Carolina must purchase no less than $25,000 in coverage against injury to the driver, $50,000 against injury to others involved in the accident, and $25,000 in coverage against property damage.
Still, experts at the Insurance Information Institute insist that the minimum amount of insurance really needed for coverage to pay the actual costs of an auto accident is $100,000 in Personal Injury Protection (also known as PIP) and $300,000 in per-accident protection. Uninsured Motorist Insurance (UMI) is also recommended. South Carolina has a relatively high rate of uninsured vehicles (about 19%).
Penalties for Driving Without Insurance in South Carolina
The penalty for getting caught driving an uninsured vehicle in South Carolina is a fine of up to $200, and/or up to 30 days in jail for first and second offenses. Drivers convicted of third or subsequent offenses within a five year period face anywhere from 45 days to six months in jail, not to mention bigger fines. Reinstatement costs and higher annual premiums also apply.
Auto Insurance Rates in South Carolina
South Carolina car insurance premiums are just about average. The average annual premium for car insurance in South Carolina was $1,353 in 2016. This closely resembles the national average of $1,347.
Low Cost Car Insurance Programs in South Carolina
South Carolina vehicle owners can further reduce car insurance costs by paying annual premiums in one lump sum each year, rather than month by month. Another cost-cutting technique is accepting an increased deductible (the out-of-pocket expense paid by a driver before insurance kicks in). Some drivers lower their premiums by improving their credit scores, or even by relocating to a zip code where the rates are cheaper.
Overall, the best way to save big on auto insurance is to qualify for every available discount. Discounts available in most states include Good Driver discounts, Good Student discounts, Senior Citizen discounts, Safe Vehicle discounts, Multiple Policy discounts and Multiple Auto discounts, among others.
Obtaining Auto Insurance Quotes in South Carolina
According to online consumer reviews, South Carolina’s most popular providers of auto insurance are Liberty Mutual, Allstate, Farmers Group, Travelers Insurance and State Farm. On the other hand, many South Carolina drivers opt for locally grown carriers like Direct General. To obtain free auto insurance quotes, call local agents, ask for free quotes, and compare rates. Qualify for as many discounts as possible. It’s that easy.