South Carolina Car Insurance Calculator

Many factors affect your auto insurance rate, including age, coverage level and location. To give you an idea of what your rates might look like, Bankrate provides a free calculator tool which provides approximate pricing estimates by inputting basic information.

Time on the Road (ToT) can have an impactful influence on your rates. With increased driving comes increased risk, and longer commutes or frequent business trips could see their car insurance rates increase accordingly. On the flipside, safe driving habits could earn discounts with companies like Progressive offering Snapshot which customises rates based on behavior analysis.

Your vehicle also plays a factor in your car insurance rates. In general, older vehicles tend to attract higher premiums as they’re more prone to accidents and may no longer feature as many safety features due to age and wear-and-tear. Therefore, when shopping for car insurance it’s essential that you weigh the pros and cons of buying both used and new cars before making a decision.

Your location can have an enormous effect on the costs associated with car insurance policies, especially in areas with higher crime rates. Vandalism and theft will often raise rates as drivers in densely populated cities, while vehicles with more horsepower could prove more expensive to insure than smaller, fuel-efficient models.

If you decide to select full coverage in South Carolina, which includes liability and comprehensive policies, the average annual cost is $818. This expense helps ensure the added protection of repairing or replacing your vehicle if involved in an accident while giving yourself peace of mind knowing you have liability coverage of up to $300,000 per accident. In some instances, lenders require full and collision coverage as part of leasing or financing arrangements.

If your auto or home insurance coverage lapses in South Carolina, the consequences can be serious. Reregistering your vehicle requires paying a fee of $550 dollars plus penalties accruing each day without coverage. To prevent lapses from happening again, regularly review both policies with your agent to ensure coverage fits with your current financial status and lifestyle, without overpaying for unnecessary protection.