The average cost of car insurance in Charleston is $1,139 per year, which is equal to the statewide average for South Carolina. The most affordable insurance provider in the city is GEICO, at an average cost of $853 per year. MoneyGeek also analyzed the cheapest car insurance companies in Charleston across varying driver profiles and coverage levels to help you secure the best deal for quality service and affordability.
Compare the Cheapest Car Insurance Quotes in Charleston, SC
The Cheapest and Best Car Insurance in Charleston
The Cheapest Car Insurance Companies in Charleston
If you are looking for the cheapest car insurance companies in Charleston for a full coverage policy, the top options to consider are:
- GEICO: $853 per year
- USAA: $926 per year (limited to current and former military members and their families)
The sample costs used by MoneyGeek are for an average 40-year-old driver with full coverage. The policy includes comprehensive and collision insurance and liability coverage.
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Average Cost of Car Insurance in Charleston
Average car insurance rates are much cheaper in Charleston than the national average. The average annual premium in this city is $1,139, which is the same as the South Carolina average but 20.1% less than the U.S. average.
The Best Car Insurance Companies in Charleston
For Charleston drivers seeking affordable coverage and quality service, MoneyGeek analyzed the best providers in the city to help you easily find the ideal options.
According to our analysis, the best car insurance carriers in the city for most drivers are:
- Auto-Owners: MoneyGeek score of 90 out of 100
- GEICO: MoneyGeek score of 85 out of 100
USAA received the highest score in Charleston by MoneyGeek's rating system. However, because USAA is only available to military members, veterans and their families, it is not listed as best overall.
MoneyGeek’s methodology to rank car insurance companies considers various factors, including financial stability, user satisfaction and affordability scores from J.D. Power.
Personalized Quotes to Get You the Cheapest Car Insurance in Charleston
To calculate car insurance rates in Charleston, providers use a variety of elements, including your gender, age, coverage level, miles driven per year and more. For instance, in Charleston, a typical GEICO policy for a 40-year-old driver is about one-third the cost of similar coverage for an 18-year-old driver. We advise you to get quotes at regular intervals to check if you are eligible for savings and discounts as your circumstances change.
Shopping around for car insurance in Charleston could save you $286, which is enough to buy:
Cheapest Car Insurance in Charleston by Coverage Amount
In Charleston and other cities, the cost of car insurance is subject to the amount of coverage purchased. For example, a policy that only meets the state’s minimum requirements costs an average of $652 per year, while a full coverage policy that offers higher limits costs $1,139 per year. That’s a difference of about $487 annually.
South Carolina Minimum Liability Requirements
- Bodily Injury and Property Damage$25,000 per person, $50,000 per accident and $25,000 for property damage. A more protective level is 100/300/100.
- Uninsured Motorist$25,000 per person and $50,000 per incident. The minimum coverage may not be enough if you're in a serious accident.
In Charleston, GEICO’s 50/100/50 full-coverage plan costs $208 more on average than its liability-only policy with the same limits. The additional cost may be worth paying as the full-coverage package is more comprehensive. It will pay for your own expenses if you find yourself in an accident, in addition to the costs of the other driver(s) if you’re declared at fault.
Average Car Insurance Premiums: Liability-Only vs. Full Coverage
- CompanyState Minimumper year50 / 100 / 50per year
- Company50 / 100 / 50per year100 / 300 / 100per year
Cheapest Car Insurance in Charleston if You Have Driving Violations
Driving violations on your record will hike your auto insurance premiums, so it’s important to drive safely. In Charleston, GEICO customers with a DUI violation need to shell out an extra $1,246 annually on average for their policies compared to drivers with clean records, while an at-fault accident on your record will set you back around $400 per year.
- CompanySpeeding Ticketper yearAt-Fault Accidentper yearDUIper year
Average Cost of Car Insurance by Postal Code
The safety record of your neighborhood is also considered by auto insurance providers while calculating premiums. Areas with more car thefts, accidents and uninsured motorists are considered riskier and therefore more expensive to insure. In Charleston, drivers in ZIP code 29412 pay about $58 less per year than drivers in ZIP code 29407.
- Zip CodeState Minimumper year
Factors That Impact Insurance Costs in Charleston
In addition to individual driver needs and history, location-specific factors like the rate of fatal accidents and the percentage of uninsured motorists also contribute to car insurance rates in Charleston. How Charleston ranks compared to the 300 most populous cities in the United States can have a significant impact on premium costs.
Methodology and Assumptions
MoneyGeek’s average premium rates for Charleston are based on 100/300/100 comprehensive collision coverage with a $1,000 deductible for a 40-year-old male driver. The average driver profiled drives a 2010 Toyota Camry LE and has no tickets or accidents on their record. Additional premiums are added based on coverage type, location and driving record. Learn more about MoneyGeek’s data and methodology here.
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