Best cheap car insurance in Gaffney
Gaffney may be a small town located along the North and South Carolina border, but there are big potential opportunities for drivers to save on car insurance premiums with a little comparison shopping. Currently, drivers in Gaffney pay an average of $523 for minimum coverage, while full coverage averages $1,410 per year, which happens to be less than the national averages of $565 and $1,674 per year.
The total number of collisions in Gaffney — about 1,710 according to the 2018 South Carolina Collision Fact Book — indicates the majority of collisions took place along the 1-85 interstate. But no matter where you are traveling throughout the town, adequate auto coverage is as essential as finding the best cheap insurance rates in Gaffney. Bankrate has made this easier for you by reviewing several national and regional carriers to see which provides the best coverage at the most affordable rates.
Best car insurance companies in Gaffney
Geico, Auto-Owners, Progressive and State Farm all offer some of the least expensive average premiums in Gaffney. A closer look at each carrier reveals what makes each one of the companies worthy of your consideration.
|Insurance company||J.D. Power score
|Average annual premium for minimum coverage||Average annual premium for full coverage|
|Auto-Owners||854 / 1,000||$390||$1,279|
|Geico||857 / 1,000||$372||$1,085|
|Progressive||848 / 1,000||$583||$1,422|
|State Farm||835 / 1,000||$601||$1,376|
Auto-Owners is a regional carrier operating in the state of South Carolina and 25 others. Like Geico, Auto-Owners earns high customer satisfaction marks in the Southeast with the JD Power Score. Auto-Owners offers the standard auto coverage options you would expect but offers speciality options too. Road trouble assistance, rental car coverage and gap insurance are a few of the additional options you will find to round out your policy.
Geico not only offers the least expensive rates of the companies analyzed, but the high customer satisfaction rating in the Southeast for the 2020 JD Power Score makes it a strong contender. Coupled with the A+ rating from BBB and the A++ Superior AM Best financial rating, Geico is an insurance powerhouse with over 75 years in the business.
Progressive offers plenty of coverage options with plenty of discounts for your policy. According to the Progressive website, switching from another carrier can save you as much as $750 a year on premiums by simply switching from another carrier. While Progressive does not score as high as Auto-Owners and Geico with the J.D. Power Score, it has an above-average .88 NAIC complaint index score and receives an A+ BBB rating.
State Farm not only offers competitive rates, but offers several coverage options, discounts and digital tools. State Farm is the largest insurer in the United States, showing that bigger is sometimes better when it comes to auto insurance. State Farm scores even lower with a .69 (the lower the better) on the NAIC national complaint index – well-below the industry average.
Cheapest car insurance in Gaffney
Drivers in South Carolina on average pay $558 for minimum coverage and $1,512 for full coverage, but drivers in Gaffney pay slightly less with $523 and $1,410 respectively. This is also lower than the national average for premiums, which comes in around $565 per year for minimum and full coverage car insurance is $1,674.
|Insurance company||Average annual premium for minimum coverage||Average annual premium for full coverage|
These carriers all offer competitive rates, but it is important to consider other factors as well. All five carriers have a Superior A+ or better financial rating with AM Best, highlighting strong financial backings for insurance claims. All five carriers offer numerous policy options and discounts to customers to enhance the premiums and coverages.
However, when it comes to customer service, USAA, Geico and Auto-Owners particularly stand out with the higher rankings with the 2020 JD Power Score. Each of these three ranked high above other carriers, whereas Allstate and Travelers were ranked below the regional average.
Gaffney insurance requirements
South Carolina is a state which requires minimum coverage for drivers, including at least 25/50/25 in liability coverage:
- $25,000 in bodily injury liability coverage per person
- $50,000 in bodily injury liability coverage per accident
- $25,000 in property damage liability coverage per accident
But the minimum liability is likely not enough to cover a serious accident. Drivers in South Carolina may choose to add uninsured motorist coverage for a more robust policy. This provides payment for your medical expenses and property damage, should you be involved in a car accident with someone without insurance coverage. Currently, about 9% of drivers in South Carolina are driving without insurance coverage, putting other drivers at risk if they are at-fault in an accident.
Car insurance discounts in Gaffney
Drivers in Gaffney may pay less than the national average for premiums, but it does not mean you should overpay. If you are looking for discounts larger than Gaffney’s giant peach-shaped water tower, then ask your agent about qualifying for as many discounts as possible, including:
- Paid-in-full: If you pay your premium in one lump sum ahead of the due date, most carriers provide additional discounts for this option. You end up paying less on your premiums than you would if you took advantage of monthly installment payments.
- Safety equipment: If your car is equipped with safety features such as airbags, anti-lock brakes or an anti-Theft system, then most carriers offer safety equipment discounts on your policy.
- Multi-policy: One of the best ways to save money on your auto premiums is to bundle with the same carrier who provides your homeowners or renters insurance policy. For instance, with Travelers insurance, you save up to 13% with bundling policies.
- Defensive driving: Most carriers offer discounts to drivers who enroll in an approved defensive driving course. Not only do these programs offer you life-saving driving tips, but you can earn an additional discount.
- Safe driver: Programs such as Allstate’s DriveWise® allow you to connect via bluetooth and an app so the carrier has access to your safe driving habits. Based on the feedback, you may qualify for a discount on your premiums.
Frequently asked questions
What is the best car insurance company?
The best car insurance carrier is the one that suits your auto coverage needs. In addition to rates, it remains important to review customer service ratings, financial stability and coverage options for your policy. Bankrate has reviewed several national carriers based on these parameters and found Geico, USAA and State Farm are all top-notch contenders worth your consideration.
How much car insurance do I need in Gaffney?
At the bare minimum, South Carolina requires drivers to carry liability insurance. In addition to this, you may need to add extra liability coverage, collision, comprehensive and other options to round out your policy. For instance, if you lease or finance a car, your lessor/lender may require you to purchase gap insurance. Working with a licensed auto insurance agent will insure you have the adequate coverage you need.
Bankrate utilizes Quadrant Information Services to analyze rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Quoted rates are based on a 40-year-old male and female driver with a clean driving record, good credit and the following full coverage limits:
- $100,000 bodily injury liability per person
- $300,000 bodily injury liability per accident
- $50,000 property damage liability per accident
- $100,000 uninsured motorist bodily injury per person
- $300,000 uninsured motorist bodily injury per accident
- $500 collision deductible
- $500 comprehensive deductible
To determine minimum coverage limits, Bankrate used minimum coverages that meet each state’s requirements. Our sample drivers own a 2019 Toyota Camry, commute five days a week and drive 12,000 miles annually.
These are sample rates and should be used for comparative purposes only. Your quotes may be different.
Rates are determined based on 2021 Quadrant Information Services data.