News
Study: South Carolina is the 14th Most Expensive State for Car Insurance
WalletHub recently updated its study on the “States with the Cheapest & Most Expensive Car Insurance.” Based on WalletHub’s analysis, South Carolina was determined to be the 14th most expensive state for car insurance in 2021.
Top 5 Cheap Car Insurance Companies in South Carolina:
- American National
- Geico
- Travelers
- State Farm
- USAA
Other Key Findings:
- Full coverage car insurance costs 168% more than minimum coverage in South Carolina, on average.
- 16-year-olds pay 352% more for car insurance than 55-year-olds in South Carolina, on average.
- Married drivers pay 7% less for car insurance in South Carolina than single drivers, on average.
- Drivers with a DUI pay 72% more for car insurance than drivers with a clean record in South Carolina, on average.
- 61 million Americans have reduced their car insurance coverage due to COVID-19.
- 105 million Americans say they’re not getting their money’s worth from their car insurance.
- 55 million Americans have second thoughts about owning a car due to COVID-19.
You can see the full report here.
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