Table of contents
How much is car insurance in Cowpens?
|Area||Average Monthly Car Insurance Premium|
Auto insurance policies in Cowpens are about $44 a month more expensive than the rest of South Carolina.
Similarly, drivers in Cowpens may pay higher rates than the rest of the country. It's about $63 more expensive for coverage in Cowpens than the average rates for the U.S. as a whole.
Keep in mind that while these are the average car insurance rates for Cowpens, it isn't guaranteed that it's what you'll pay. Insurance companies weigh a variety of factors when determining how much to charge you to get auto insurance. Age, gender, vehicle make and model, driving record, and in some cases, your credit score, are all factored into assessing the final dollar amount you'll be asked to pay each month.
Don't sweat it however, we've broken down average rates for Cowpens residents based on several different factors so that you can get a more accurate idea of your policy's monthly premium. If you think you might be overpaying for insurance in your area, enter your ZIP below and find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
The older you are, the more experience you're likely to have on the roads, right? When it comes to auto insurance premiums, that experience pays off. As you can see, 18-24-year-olds pay significantly more than drivers of retirement age.
For every 10 years, you can expect to see a drop in your monthly premium. That said, once you hit retirement, your rates may creep back up a bit in Cowpens.
Average Car Insurance Rates by Gender
Car insurance rates for female drivers are usually cheaper than those for male drivers. In Cowpens, the difference is around $129 a month. As you can see in the table above, male drivers in the area typically pay $208 on average, while female drivers typically pay $79 each month.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Your rates can change quite drastically depending on your driving record. Drivers with clean records can expect to pay significantly less than those with accidents or violations. Drivers in Cowpens with a single accident will pay around $102 a month. Likewise, drivers with one ticket on their record will be looking at an average rate of around $97.
Accidents, tickets, and other driving infractions can really cost you when it comes to your monthly rate. So, if you want the cheapest rates, drive carefully and try to maintain a clean driving record.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$76|
|15 Years or Older||$184|
The most affordable vehicles to insure in Cowpens are typically SUVs, trucks, and vans, which run about $83 per month.
Car owners, however, pay about $168 per month to insure their vehicle.
In addition to vehicle type, you can also expect to see slightly different rates based on the age of your vehicle. Newer vehicles are generally going to be the most expensive to insure. However, once your car is close to 5 years old, you may start to see your monthly premium drop back down. In Cowpens, the most expensive vehicles to insure are vehicles fifteen years and older.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$174|
The cost of auto insurance in Cowpens reflects the national trend of married couples paying less than single drivers to insure their vehicles, to the tune of about $100 a month.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$71|
Your housing situation is another component of how insurance companies calculate your monthly rate. Renters can expect to pay around $90 a month less than those who own their own home in Cowpens. But those who live at home with their parents can expect to pay significantly more.
Bundling your home or rental insurance with your auto insurance can oftentimes reduce your overall costs, depending on your insurance company.
Car Insurance Companies in Cowpens, SC
Recent trends in car insurance for Cowpens drivers
Since car insurance rates are constantly changing, it's a good idea to know the local trends in your area before choosing where to shop.
The cost of car insurance in Cowpens had been increasing from 2016-2017, where it reached a high of $83, before leveling out in 2018. Rates rose again in 2019, and finished down at $79 in 2021.
How does Cowpens compare to neighboring areas?
Why are car insurance rates in Cowpens different from other areas?
When considering how much to charge for a monthly rate, car insurance companies will consider a number of factors. While we've discussed the ones that affect your personal policy, others are based around your home address. These include things like:
- Number of car accidents
- Off-street parking accessibility
- Local laws
- Total amount of drivers in the area
- Crime rates
It's good to be aware of these factors (even though you may not be able to do much to influence them) as you shop for a new policy or consider relocating. Get started with a guide like this to get familiar with the average rates of your area.
How can I find the cheapest car insurance in Cowpens?
Arming yourself with information about the average costs for drivers in your area will better prepare you for the real deal. The only way to know for sure what your rate will be is by asking for a quote from car insurance companies.
Luckily, Compare.com does all of that work for you. Simply enter your ZIP Code below, answer a few questions regarding the factors mentioned above, and you'll be comparing the cheapest quotes from a number of the car insurance companies providing auto coverage in Cowpens.
Cowpens Insurance FAQs
What factors affect car insurance quotes in Cowpens?
Auto insurance companies take a wide array of factors into consideration when calculating your monthly payment. These include things like your vehicle's year, make and model, your age and gender, as well as your driving record, credit score, address, and marital status.
Why is the cost of car insurance in Cowpens different from other neighboring cities?
Auto insurance companies consider regional factors, such as local laws, parking situations, and crime rates into account when calculating the monthly rate for coverage. Since these can all vary from city to city the rates you may see can differ from neighboring areas.
Which car insurance company will offer me the cheapest rate in Cowpens?
Since the factors that go into calculating your monthly payment vary from person to person, there isn't one company that will always offer the cheapest rate to everybody. You can be confident that you're receiving the best price possible by using sites like Compare.com to compare multiple quotes at once.
Do I need to change my insurance if I move to Cowpens?
Whenever you move to a new area, or experience any other major life event such as getting married or finding a new job, it's always a good idea to re-evaluate your current insurance policy. Certain companies may offer larger discounts in certain cities, so it's a smart idea to use services like Compare.com to compare quotes from dozens of companies side-by-side.
Do I need to wait for my policy to expire to switch to a different car insurance company?
No. In fact, you can swap companies at any point, regardless of how much time is left on your current coverage. So, whether you're moving to Cowpens or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?