The average premium for car insurance in Charleston is $1,864. There are many factors that affect the cost of car insurance in Charleston. For example, insurance companies often consider your ZIP code when determining your rates. Certain ZIP codes have higher rates of vehicle-related crimes, vehicle-uninsured drivers, and car accidents. Because of this, drivers in these neighborhoods may pay more for their coverage than those in safe neighborhoods.
Rates start at $110 a month
Car insurance rates in Charleston South Carolina start at $110 per month for the average driver, while men pay a bit more. The difference is about $10 a month. Female drivers in Charleston pay an average of $111 a month compared to male drivers' $121 per month. Car insurance rates in Charleston depend a great deal on a driver's driving history. Clean driving records and no violations can mean lower rates. One violation such as failing to stop at an intersection will increase your premiums by as much as $453.
Although Charleston has an extensive public transportation system operated by the Charleston Regional Transporation Authority, most residents drive their cars. In addition, there are ridesharing services and traditional taxis. If you're worried about liability, however, you may want to look for more expensive coverage. Car insurance is a legal requirement in South Carolina, and it proves that you're financially responsible and can pay for damages.
The best car insurance companies in Charleston offer a variety of plans, including comprehensive and collision coverage. These plans can be tailored to suit your budget and driving history. If you're on a tight budget, you may choose a basic policy with the minimum coverage requirements. While this may help you save money, it also means you're leaving yourself open to accidents.
Charleston car insurance rates vary by ZIP code, but there are several factors that affect the cost. Those with less experience may find their rates higher. Young drivers, for example, are more likely to be involved in car accidents than those with more experience. Because young drivers tend to overspeed, and are less experienced, they're considered to be high-risk. As a result, their premiums start to rise around the age of 70.
Average premium is $1,864 a year
In Charleston, South Carolina, drivers pay above-average rates for car insurance. As a result, shoppers should compare the discounts offered by different insurers. Low-mileage drivers and those using telematics may receive greater discounts than other types of drivers. Professional drivers may also qualify for additional discounts. A website like Policygenius can help shoppers find the lowest rates.
Rates for Charleston car insurance are calculated by several factors. For instance, a ZIP code can have a large impact on the amount of money a driver will pay for car insurance. Certain ZIP codes have higher rates of accidents, uninsured drivers, and vehicle-related crimes than others. For this reason, drivers in high-risk areas are likely to pay higher premiums than those in lower-risk areas.
Age also has a big impact on car insurance rates. Younger drivers pay more for car insurance than older drivers, who have more experience on the road. Older drivers are less likely to be involved in accidents and violate traffic guidelines. However, older drivers may see a slight increase in premiums once they reach retirement age.
Geico auto insurance offers a minimum-coverage plan for just $602 per year. This is one of the cheapest car insurance plans available in Charleston, South Carolina. You can also find a wide range of affordable plans offered by Travelers. In addition to the minimum coverage requirements, Travelers offers a number of discounts.
While you're shopping for car insurance in Charleston, SC, make sure you understand your coverage options. You'll need liability insurance for your car and uninsured motorist insurance for the other driver. If the other driver has no insurance, he or she is responsible for paying the other party's medical and property damage. In addition, liability insurance is required by law. If you're responsible for an accident, your liability insurance should cover the other party's car repair costs. If you can afford it, you can also consider collision coverage for your car.
Minimum liability limits are 25/50/25
In South Carolina, drivers must carry at least the minimum liability coverage to protect themselves. This coverage provides money to pay for the injuries and property damage caused by an accident. These minimum limits cover $25,000 per person or $50,000 per accident. They may also cover medical expenses and lost wages. Property damage liability insurance is also required in South Carolina and pays for damages to other people's property.
If you need to increase your coverage, you can do so by increasing your liability limits. While South Carolina's liability limits are not high, they're still average compared to most other states. If you're worried about paying a high rate, consider increasing your liability limits. You'll pay a bit more for the policy, but you'll be protected against any unexpected events.
You can also purchase gap insurance to cover the gap between the value of your vehicle and its loan balance. This type of coverage also pays for rental cars. It's important to note that most car leases include this type of coverage, but you should always check and compare prices.
In addition to car insurance, it's important to have uninsured motorist coverage in case you're involved in an accident. Having this type of insurance will protect your passengers if the at-fault driver doesn't have insurance or if a hit-and-run occurs.
The cost of car insurance in Charleston, South Carolina is lower than the national average. By comparing quotes, Charleston residents can find an affordable policy. While the cost of the policy depends on the amount of liability coverage, you can also get discounts by combining multiple insurance policies. Additionally, many insurance companies offer discounts for good grades and good driving records.
GEICO offers the cheapest rates in Charleston
When comparing the cheapest car insurance rates in Charleston, SC, you should look for companies that offer full coverage limits. Nationwide, for instance, offers the cheapest car insurance rates in Charleston with full coverage limits of 100/300/100. If you have a clean driving record, you can expect to pay about $311 per month, or about $325 annually.
The best way to get the cheapest rates is to shop around and compare policies from several top companies. It is also helpful to compare coverage levels and ask for discounts, including the safe driver discount and multi-policy discounts. If you drive several vehicles, you can also request multi-car insurance, which will further lower your insurance costs.
When shopping for car insurance, you should compare quotes from several different companies. Different companies value different information, so it is important to shop around. However, GEICO offers the best overall car insurance rates in Charleston, South Carolina. You can find the best deal on your coverage through a policy comparison website.
Geico offers the best rates in Charleston, SC for drivers with poor credit. A 25-year-old driver with no accidents pays about $2,144 for annual coverage, which is 33% less than the state average. Other companies offering good rates for people with poor credit in Charleston, SC include Auto-Owers and Travelers Insurance. Their monthly rates for people with poor credit are $170 and $188, respectively.
Insurify's research uses multiple factors to determine a car insurance company's cost and quality. Some ZIP codes have higher rates of uninsured motorists, car accidents, and vehicle-related crimes than others, and drivers in these areas are more likely to pay higher rates.
Your driving record affects your rate
In South Carolina, your driving record is a major factor in your car insurance rate. It is estimated that a good driving record will save you nearly $76 a year on your car insurance policy. Insurers will also look at your credit score. Drivers with poor credit scores are seen as more of a risk than drivers with good credit scores.
Your age is another factor in your car insurance rate. Young drivers pay more, and older drivers will pay less. Older drivers have a lot more experience on the road. Their rates will decrease every 10 years, so the more experience they have behind the wheel, the lower their rates will be. Once they reach retirement age, though, rates will increase again.
If you have a good driving record and no traffic violations, your Charleston South Carolina car insurance rate will be lower. However, if you have a history of serious violations or a suspended license, you may be required to file an SR-22 form with your insurer. Even if you're not required to carry SR-22 insurance, some insurers may not want to insure you. Fortunately, it's easy to avoid such situations by following good driving habits.
You can also find a discount on your policy by increasing your deductible. Many insurance companies have discounts for those with clean driving records, but they don't always advertise them. A good driver discount can save you about 20%. To qualify, you must have less than five accidents and have fewer points. You should also look for telematics discounts. Many of these are easy to earn and can help you reduce your insurance rates.
Insurance companies check driving records when you apply for a policy. If you have any violations on your record, you will have to pay more money for your policy. Thankfully, South Carolina has a law that removes these points from your license after two years.