How to Know You're Paying Too Much for Auto Insurance in Swansea

Nobody I know looks forward to buying auto insurance, especially knowing the cost is way too high.

Drivers have so many to buy insurance from, and although it's a good thing to have multiple companies, too many choices makes it more difficult to compare rates.

Finding the best rates in Swansea is quite easy. Just about everyone who has to buy auto insurance stands a good chance to be able to lower their premiums. Nevertheless, South Carolina vehicle owners do need to know how big insurance companies sell online and apply this information to your search.

These discounts can lower your rates

Companies don't always advertise all available discounts very clearly, so we took the time to find some of the best known as well as the least known auto insurance savings.

  • Homeowners Savings - Owning a home in Swansea may trigger a auto insurance policy discount due to the fact that maintaining a home is proof that your finances are in order.
  • Good Student - Performing well in school can earn a discount of 20% or more. This discount can apply well after school through age 25.
  • Paperless Signup - A few companies give back up to $50 simply for signing over the internet.
  • Senior Discount - If you qualify as a senior citizen, you may be able to get a small decrease in premiums.
  • Claim Free - Good drivers with no accidents can save substantially when compared with drivers who are more careless.
  • Clubs and Organizations - Affiliation with a qualifying organization could qualify you for a break when buying auto insurance.
  • Drivers Education - Make teen driver coverage more affordable by requiring them to enroll in driver's education if it's offered in school.
  • Payment Method - If you pay your bill all at once instead of monthly or quarterly installments you could save up to 5%.

Consumers should know that most credits do not apply to the entire policy premium. Some only reduce individual premiums such as physical damage coverage or medical payments. So when the math indicates adding up those discounts means a free policy, companies don't profit that way.

Different people need different coverages

When it comes to buying the right insurance coverage for your vehicles, there isn't really a single plan that fits everyone. Coverage needs to be tailored to your specific needs and a cookie cutter policy won't apply. For instance, these questions may help highlight whether you might need professional guidance.

  • When do I need to add a new car to my policy?
  • Do I need to file an SR-22 for a DUI in South Carolina?
  • Does medical payments coverage apply to all occupants?
  • Should I put collision coverage on all my vehicles?
  • Will I be non-renewed for getting a DUI or other conviction?
  • Am I getting all the discounts available?

If you don't know the answers to these questions, you may need to chat with an insurance agent. If you don't have a local agent, simply complete this short form or go to this page to view a list of companies.

Are you falling for claims of savings?

Allstate, GEICO and Progressive continually stream ads on television and other media. All the companies say the same thing of big savings after switching your coverage to them. How does each company say the same thing?

Insurance companies have a certain "appetite" for the type of customer that earns them a profit. For example, a profitable customer might be profiled as between 30 and 50, a clean driving record, and has excellent credit. A propective insured who fits that profile will get very good rates and as a result will probably save when switching.

Potential customers who are not a match for these standards must pay a higher premium which usually ends up with business not being written. The ads say "customers that switch" not "everybody who quotes" save that much money. That is how insurance companies can confidently make those claims. This illustrates why you should get a wide range of price quotes. It's not possible to predict which company will have the lowest rates.

Additional South Carolina consumer information

More tips and info about auto insurance can be found at the South Carolina Department of Insurance website. South Carolina drivers can report car insurance fraud, file complaints about a company, get help finding coverage, and learn about insurance regulations.

South Carolina auto insurance

Affordable insurance is out there

Cost effective auto insurance can be sourced on the web as well as from independent agents in Swansea, so compare prices from both to have the best rate selection. Some companies don't offer you the ability to get quotes online and usually these regional insurance providers provide coverage only through local independent agents.

Throughout this article, we presented a lot of information how to reduce auto insurance prices online. The most important thing to understand is the more rate comparisons you have, the more likely it is that you will get a better rate. Consumers may even find the best prices are with the least-expected company. Regional companies may often insure only within specific states and give getter rates than the large multi-state companies such as .

While you're price shopping online, it's very important that you do not buy lower coverage limits just to save a few bucks. In too many instances, someone dropped physical damage coverage only to discover later they didn't purchase enough coverage. Your focus should be to find the BEST coverage at a price you can afford while not skimping on critical coverages.