South Carolina High Risk Auto Insurance
There are 119 different insurance providers licensed to underwrite policies for automobile liability insurance in the state of South Carolina. Some of the companies that offer high risk car insurance in South Carolina include Affirmative, Direct, Geico, Nationwide, Progressive, and State Farm.
South Carolina requires certain minimum insurance coverage in order to legally drive on the roadways. This minimum coverage includes Bodily Injury Liability of $25,000 per person and $50,000 per accident, Property Damage Liability of $25,000, Uninsured/underinsured motorist bodily injury coverage of $25,000/$50,000, and Uninsured/underinsured motorist property damage coverage of $25,000.
South Carolina follows a tort system, meaning that one driver will be found at fault and held financially responsible for the losses and injuries suffered by others in an accident.
The state of South Carolina requires motorists to carry proof of insurance in the vehicle with them at all times. Penalties for failure to provide proof of insurance on demand by a law enforcement officer can result in fines and imprisonment. The state requires all insurance providers to notify the DMV in the event of cancellation of an auto insurance policy. The state will send out a notice to the owner of the vehicle giving them a set amount time to provide proof of insurance without penalty. After this deadline, drivers can be fined up to $400 and have driver's license and auto registration suspended until proof of current insurance is provided and the appropriate reinstatement fees are paid. Smart drivers will do their reserch and avoid these costly penalties which could also lead to the need for high risk auto insurance.