South Carolina Car Insurance Laws

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According to The Zebra, male drivers pay a little more than female drivers for auto insurance. Women pay an average of $1325.27 in South Carolina, while men pay an average of $1367.34. Discounts are granted because the insurance company considers you a “better risk”. The site also points out that marital status affects your insurance premiums in South Carolina as follows: While this is not an exhaustive list, some of the factors that can affect the amount you pay in auto insurance premiums are: The state may decide to suspend your license and registration if you are involved in an accident. while you are not insured. And once you`ve purchased a policy, your insurer must file a Form SR-22 on your behalf. The SR-22 is a document that proves that your liability insurance meets government requirements. If you don`t want to take out car insurance or don`t want to register as an uninsured driver, here are some alternatives that the DMV can accept as proof of financial responsibility: Each state must implement either a criminal system or a flawless system. South Carolina is setting up a compensation system. The three basic coverages sold under the tort system are personal injury liability insurance, property damage liability insurance, and coverage for uninsured motorists. Once you`ve selected the insurance coverage you need and an insurance agent or insurance company, you can take steps to make sure you get value for your money. Before you sign an application for insurance coverage, verify that the company and agent are authorized to do business in South Carolina.

It is illegal for unlicensed insurers to sell insurance, and if you buy from an unlicensed insurer, you have no guarantee that the coverage you pay will ever be respected. When buying car insurance, premium offers are a useful tool for comparing products from different companies. When requesting quotes, it is important that you provide the same information to each agent or company. The agent will usually ask you for the following information: the description of your vehicle, its use, your driver`s license number, the number of drivers in your household, as well as the coverages and limits you want. Young drivers pay more for car insurance than older drivers, as teenagers and twenty-year-olds have a higher risk of serious damage from an accident. WalletHub lists these average annual premium rates by driver age: You must provide proof of auto insurance when applying for or renewing a driver`s license or vehicle registration in South Carolina. You will also need to have proof of insurance in your car and present it to law enforcement upon request. WalletHub notes that densely populated cities tend to have more frequent car accident damage than rural areas, which drives up the price of insurance. Average premium rates are highest for South Carolina drivers living in North Charleston, Florence, Goose Creek, Mount Pleasant, Sumter, Conway, Lancaster, Charleston, Summerville, Moncks Corner and Walterboro. According to Bankrate, the best auto insurance companies in South Carolina include State Farm, Progressive, GEICO, Auto Owners, and Allstate.

The site bases its list on prices and customer service ratings. The biggest influence on the scoring process is the frequency of claims. This doesn`t mean how many times you`ve specifically made an insurance claim, although it will have an additional effect. Claims frequency measures how often an insured event occurs within a group relative to the number of policies included in that group. In general, people who share characteristics with groups with high claims will be charged more for insurance coverage. Auto insurance that meets South Carolina`s requirements includes liability and uninsured motorist coverage. Here`s how this coverage protects you and other drivers: Property Damage (PD): This coverage pays the other driver`s auto repair bills up to a maximum of $25,000 if you cause an accident. Your own car is not covered – but you can opt for collision insurance and all-risk insurance to protect your own vehicle. South Carolina expects all drivers to have auto insurance with at least the minimum coverage limits: $25,000 for bodily injury per person, $50,000 for bodily injury per accident, and $25,000 for property damage. This coverage protects other drivers if you are to blame for a car accident. WalletHub reports that these auto insurance providers in South Carolina have the cheapest monthly payments: you can pay a $550 non-refundable annual fee and apply for an “uninsured motorist registration.” If approved, you don`t need to purchase auto insurance to drive in South Carolina. But you have to bear the financial burden of medical bills and property damage in case you cause a car accident.

Once you receive a ticket or cause an accident, your registration in South Carolina will be cancelled and you will need to purchase liability insurance. Your driving record, residential area, gender and age, marital status, previous insurance coverage, vehicle use, make and model of your vehicle are common factors that can affect the price you pay for your auto insurance. Instead of UM insurance, South Carolina allows drivers to pay a UM registration fee for $550. After paying these non-refundable fees, you can drive without insurance, but you will have to pay all property damage fees and medical bills if you cause an accident. If you receive a ticket or have a debt collision, you will lose your UM registration and will need to purchase minimum state liability insurance. For a list of insurance companies and their market share in South Carolina, visit our market support page. The Zebra reports that drivers can save significantly on auto insurance based on their credit score. The site breaks down average annual policy costs by FICO score as follows: WalletHub reports that South Carolina residents in Gaffney, Greer, Rock Mill, Fort Hill, North Augusta, Easley, Simpsonville, Greenwood, Anderson, and Aiken pay below-average auto insurance rates. You should know that an auto insurance policy is a legal contract. It is drafted in such a way that your rights and obligations, as well as those of the insurance company, are clearly stated. When you purchase car insurance, you get a policy.

You should read this policy and make sure you understand its contents. If you have any questions about your insurance policy, contact your insurance agent for clarification. Check out the newspaper and Yellow Pages of the online phone book for businesses and agents in your area. Also ask your neighbors, relatives and friends for recommendations on insurance companies and agents. In particular, ask them what type of claims service they have received from the companies they recommend. Don`t forget to look around to get the best price and service. Understanding South Carolina`s auto insurance laws is essential for anyone who lives, works, or drives in the state. Read this guide to learn more about the state`s minimum auto insurance rates and explore the average cost of auto insurance. If you`re a new South Carolina resident, you`ll have 30 days to check in your car when you arrive in the state. You must provide proof of auto insurance with the DMV in order to receive your registration. The South Carolina Department of Motor Vehicles reports that you have 30 days to provide proof of insurance to the court after receiving a ticket from law enforcement.

After 30 days, you will receive a licence suspension and will have to pay $100 and provide proof of insurance to recover your licence. Zebra lists these average annual premium rates for drivers who have accidents or infractions: Once you have registered your vehicle with the Department of State for Motor Vehicles, your information will be submitted to the liability insurance reporting system State Automobile (ALIR) of the Additional State. Optional types of coverage in South Carolina include: The most commonly recognized coverages, in addition to the basic liability package, are collision and full coverage. Collision insurance covers physical damage to your car caused by the collision of your car with an object such as a tree or another car. .