When writing about shopping for auto insurance, the words cheap or affordable should not appear anywhere in the article as a descriptor for auto insurance rates. Regardless, cheap car insurance after a speeding ticket is not always easy to find. But don’t let that discourage you, because we are going to tell you how you can quote and buy insurance that you can afford.
The vehicle model you are buying coverage for is one of the largest considerations when shopping around for affordable coverage after a speeding ticket. Vehicles with reasonable performance levels, excellent safety ratings, or low incidents of liability claims will cost much less to insure than adrenaline junky models.
The table below features insurance premiums for a selection of the cheaper automobiles to buy insurance for.
Make and Model | Estimated Cost for Full Coverage |
---|---|
Ford Escape XLT 2WD | $1,046 |
Honda Accord LX-P 4-Dr Sedan | $1,111 |
Honda CR-V EX 4WD | $1,160 |
Chevrolet Traverse LT 2WD | $1,164 |
Dodge Grand Caravan CV | $1,168 |
Chevrolet Silverado LS Regular Cab 4WD | $1,213 |
Honda Odyssey EX W/Rear Entertainment | $1,220 |
Ford Edge SEL 2WD | $1,213 |
Ford F-150 STX Regular Cab 2WD | $1,231 |
Hyundai Tucson GLS 2WD | $1,237 |
Toyota RAV4 Limited 4WD | $1,235 |
Toyota Tacoma Double Cab 4WD | $1,240 |
Hyundai Elantra SE Touring Station Wagon | $1,235 |
Toyota Prius | $1,240 |
Jeep Wrangler Unlimited Sport 2WD 4-Dr | $1,244 |
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Above prices assume married male driver age 50, two speeding tickets, no at-fault accidents, $1,000 deductibles, and South Carolina minimum liability limits. Discounts applied include claim-free, homeowner, multi-vehicle, and multi-policy. Table data does not factor in vehicle location which can increase or decrease rates greatly.
Based on these rates, you can conclude that makes and models like the Ford Escape, Honda Accord, Honda CR-V, Chevrolet Traverse, and Dodge Grand Caravan are going to be the more affordable vehicles to insure after a few driving violations.
After a few driving violations, one of the more important considerations used to calculate auto insurance rates is where your car is garaged in South Carolina. Areas with more people or more claims like North Charleston, Florence, and Goose Creek likely pay more, whereas less populated areas profit from lower rates.
The following table shows the highest-priced places in South Carolina after a speeding ticket to purchase car insurance in.
Rank | City | Premium Per Year |
---|---|---|
1 | North Charleston | $1,288 |
2 | Charleston | $1,273 |
3 | Florence | $1,259 |
4 | Sumter | $1,252 |
5 | Goose Creek | $1,246 |
6 | Summerville | $1,240 |
7 | Mount Pleasant | $1,225 |
8 | Socastee | $1,223 |
9 | Saint Andrews | $1,195 |
10 | Columbia | $1,189 |
11 | Myrtle Beach | $1,174 |
12 | Hilton Head Island | $1,127 |
13 | North Augusta | $1,106 |
14 | Rock Hill | $1,102 |
15 | Greenville | $1,100 |
16 | Greenwood | $1,099 |
17 | Aiken | $1,097 |
18 | Wade Hampton | $1,090 |
19 | Taylors | $1,085 |
20 | Anderson | $1,083 |
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Rate information is approximated as the specific zip code location can revise rates substantially.
When comparing car insurance after a few driving violations, the companies with the most market share are Progressive, Geico, State Farm, and Allstate. When added together, they make up 48.5% of the entire U.S. car insurance market. The table below compares and contrasts pricing and service ratings, as well as optional policy coverages shoppers can expect to find with each one.
Progressive | Geico | State Farm | Allstate | |
---|---|---|---|---|
Overall Price | 3rd | 1st | 2nd | 4th |
Client Satisfaction | 3rd | 1st | 4th | 2nd |
Claims Service | 4th | 3rd | 2nd | 1st |
Number of Discounts | 4th | 2nd | 3rd | 1st |
A.M. Best financial rating | A+ | A++ | A++ | A+ |
Standard & Poor’s rating | AA | AA+ | AA | AA- |
Rideshare coverage | Yes | Yes | Yes | Yes |
Rating based on usage | Yes | No | Yes | Yes |
Emergency roadside assistance | Yes | Yes | Yes | Yes |
Accident forgiveness coverage | Yes | Yes | No | Yes |
New car replacement | No | No | No | Yes |
Mechnical breakdown | Yes | Yes | No | No |
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