How speeding affects your insurance in South Carolina
In 2019, the primary cause vehicle crashes in South Carolina were accelerating. Not only does speeding have an impact on the number of crashes and potential injuries, it also impacts your wallet if you get a speeding ticket. In South Carolina, a speeding ticket increases auto insurance premiums by 19% on average, according to Bankrate’s 2021 study of annual listed premiums.
How much does a speeding ticket cost in South Carolina?
The amount of the cost of a speeding ticket in South Carolina depends on the county in which the ticket is located and how quickly you exceed the legal limit. For example, fine for speeding less than 10 mph over the limit is a minimum of $ 15 and a maximum of $ 25. From there, fines go up to $ 200, with a possible jail term included.
How much does a speeding ticket increase your auto insurance in South Carolina?
A speeding ticket in South Carolina likely results in fines and increased points on a license, as well as increases in insurance premiums. The table below highlights the rate differences for men and women using Quoted Premiums from Quadrant Information Services.
|Age||Average annual premium for full coverage before speeding tickets||Average annual premium for full coverage after a speeding ticket||% to augment|
|40 year old man||$ 1,507||$ 1,809||20%|
|40 year old woman||$ 1,517||$ 1,778||17%|
How to lower your auto insurance after speeding in South Carolina
Bonuses almost always go up after speeding in South Carolina. However, there are still many ways to save on the cost of your auto insurance. There is no reason to pay too much on auto insurance in South Carolina, even if you have a traffic ticket on your record.
Get quotes from other auto insurance companies
Shopping around and comparing quotes from multiple providers is a useful tactic in finding the cheapest rates and the best coverage for your specific driving needs. Premiums vary from carrier to carrier, sometimes by several hundred dollars.
|Auto insurance company||Average annual premium for full coverage before speeding tickets||Average annual premium for full coverage after a speeding ticket||% to augment|
|Allstate||$ 1,379||$ 1,885||37%|
|American Independent||$ 4,292||$ 4,871||13%|
|Car owners||$ 1,342||$ 2,034||52%|
|Farmers||$ 2,781||$ 3,797||37%|
|Geico||$ 1,203||$ 1,358||13%|
|At national scale||$ 1,326||$ 1,429||8%|
|Progressive||$ 1,404||$ 1,817||29%|
|Southern Agricultural Office||$ 1,391||$ 1,517||9%|
|Travelers||$ 1,141||$ 1,334||17%|
|United States||$ 1,447||$ 1,817||26%|
* Premiums are the average annual premiums for full coverage for people 40 years of age
While comparing rates is certainly important, other factors are important to consider. Examples of other considerations are customer service ratings and ratings, and credit agency financial strength ratings. Researching the best auto insurance companies is a great place to start your research.
Benefit from discounts
Another tactic when shopping comparison is to confirm the discounts offered by the carrier. Taking advantage of as many discounts as possible is a great way to save on premiums. Most carriers offer discounts such as multi-vehicle, multi-policy, student voucher and a variety of others depending on age, vehicle, and safety features.
Increase your deductibles
If you currently have full coverage and collision coverage on your vehicle, increasing the deductible is another way to lower premiums. The higher your deductible, the lower the premiums. However, it’s a good idea to make sure you have some money in savings if you need to cover the higher cost of the franchise.
Other considerations for speeding tickets
If you violate the rules of the road, South Carolina uses a point system and assigns a point value to a violation, based on severity. Speeding less than 10 mph over the limit results in a two point penalty. Overtaking 10-25 mph is a four point penalty, and anything higher is worth six points. Once you have 12 points on your record, your license will be suspended.
Frequently Asked Questions
What is the best auto insurance company for drivers with speeding tickets?
The best strategy to find the best auto insurance company while having a speeding ticket is to compare quotes from multiple insurers. You’ll see which carrier offers the most competitive rates and the best coverage options. Quotes are based on a variety of personal factors including driving history, vehicle, kilometers driven, age and many more, but it also means that your quote may vary from carrier to carrier. other.
How much does a speeding ticket cost in South Carolina?
Depending on how fast you are driving over the speed limit, a ticket can range from $ 15 to $ 200 or more in South Carolina for speeding. This also does not include the increased cost of auto insurance premiums.
Why did my insurance increase after I got a speeding ticket in South Carolina?
Auto insurers assign risk to drivers and base premiums on that assessment. A driver with a speeding ticket on his record is considered to be more risky than a person without a ticket.
Bankrate uses Quadrant Information Services to analyze 2021 rates for all zip codes and carriers in all 50 states and Washington, DC Rates shown are based on 40 year old male and female drivers with a clean driving record , good credit and the following comprehensive coverage limits:
- $ 100,000 liability for bodily injury per person
- $ 300,000 in civil liability for bodily injury per accident
- Civil liability for property damage of $ 50,000 per accident
- $ 100,000 in bodily injury caused by an uninsured motorist per person
- $ 300,000 in uninsured bodily injury per accident to a motorist
- $ 500 collision deductible
- Global deductible of $ 500
To determine the minimum coverage limits, Bankrate used minimum coverage that meets the requirements of each state. Our basic profile drivers own a 2019 Toyota Camry, commute five days a week and cover 12,000 miles a year.
Incident: The rates were calculated by evaluating our basic profile with the following incidents applied: clean criminal record (basic), responsible accident, single speeding ticket, single conviction for driving while intoxicated and forfeiture of coverage.
These are sample rates and should be used for comparison purposes only.