Car Insurance Quotes Florence SC
Car Insurance Quotes Florence SC
Florence, SC’s Minimum Auto Insurance Requirements
In Florence, SC, drivers are required to carry auto liability coverage, including bodily injury (BI) liability, property damage (PD) liability, and uninsured/underinsured motorist (UM/UIM) coverage. Below are the minimum insurance limits you need to have:
Bodily Injury Liability (BI)
- What it covers: Injuries you cause to someone else in an accident.
- Minimum amount: $25,000 per person, $50,000 per accident
Property Damage Liability (PD)
- What it covers: Damage you cause to someone else’s property, such as their vehicle.
- Minimum amount: $25,000 per accident
UM/UIM Bodily Injury
- What it covers: Medical expenses caused by an uninsured or underinsured driver.
- Minimum amount: $25,000 per person, $50,000 per accident
UM/UIM Property Damage
- What it covers: Damage to your vehicle and other property caused by an uninsured driver.
- Minimum amount: $25,000 per accident (with a $200 deductible)
These are the state’s minimum required car insurance limits, but you can opt for higher coverage to better protect your finances. It is a good idea to consider how much insurance you need based on your circumstances and preferences.
Is Florence, SC, a No-Fault State?
No, Florence, S,C is an at-fault state. This means that the driver responsible for the accident must cover the injuries and damages of the other driver and their passengers. If you are at fault in an accident, you’ll be held responsible for the other party’s injuries and property damage.
Average Cost of Car Insurance in Florence, SC
The average cost of car insurance in Florence, SC is $2,424, according to research. This is about 12% higher than the national average. Your specific insurance rate will vary depending on factors such as your age, location, and driving history. While some people opt for the minimum required coverage, others prefer more extensive protection for added peace of mind.
What Affects Your Car Insurance Rates?
Insurance companies look at several factors when setting your rate, including:
- Your Driving Record: Fewer accidents and violations usually mean lower premiums.
- Your Car: Expensive or high-performance vehicles cost more to insure.
- Coverage Levels: Full coverage (which includes comprehensive and collision) is pricier than basic liability.
- Your Credit Score: In many cases, a better credit score can lead to lower rates.
- Where You Live: If your area has a lot of accidents or thefts, your rate could be higher.
How to Get the Best Car Insurance Quotes in Florence
Below are a few ways to find the best insurance deal:
- Compare Quotes: Rates vary between companies, so it pays to shop around.
- Bundle Your Policies: If you have home or renters insurance, bundling it with your car insurance can lead to discounts.
- Look for Discounts: Many insurers offer discounts for good driving, having safety features, or driving fewer miles.
- Adjust Your Deductible: A higher deductible can lower your monthly payment, but make sure you can afford it if you ever need to file a claim.
- Keep Your Credit Score in Check: In many cases, a better credit score means better rates.
Top Insurance Providers in Florence, SC
Several well-known companies offer competitive rates in Florence. Some of the top choices include:
- GEICO: Often has lower rates, especially for safe drivers.
- State Farm: Great customer service and lots of discount options.
- Allstate: Offers customizable coverage with useful add-ons.
- Progressive: Good for drivers looking for usage-based or high-risk insurance.
- USAA: A top pick for military members and their families.