Table of contents
How much is car insurance in Murrells Inlet?
|Area||Average Monthly Car Insurance Premium|
Based on the chart above, you can see that coverage in Murrells Inlet typically costs about $14 a month less than it does in the rest of South Carolina.
That being said Murrells Inlet residents should prepare to pay higher rates for coverage than the rest of the country. The average monthly payment in Murrells Inlet is about $5 more expensive than the rate for the rest of the U.S.
Although these are the average car insurance rates in Murrells Inlet, you could end up paying something different. Insurance companies take in a number of factors when deciding what amount to charge you for insuring your vehicle. Your monthly premium is calculated off of your age, gender, vehicle make and model, driving record, and in some cases, your credit score.
We've analyzed the average rate for Murrells Inlet and broken down the different factors to help you understand what exactly you might be asked to pay. If you're not certain that you're getting the cheapest rate for your area, just enter your ZIP Code below to find out!
Average Car Insurance Rates by Age
|Age Range||Average Premium|
|Under 18||Not Enough Data|
|45-54||Not Enough Data|
The longer you've been on the road, the more experienced of a driver you are. That experience can lead to some serious savings when it comes to car insurance bills. In this case, 18-24-year-olds pay twice as much as drivers 65 and older.
You can expect to see your monthly premium drop every 10 years or so. That said, once you hit retirement age, your rates may begin to go back up in Murrells Inlet.
Average Car Insurance Rates by Gender
Although female drivers pay, on average, less than male drivers to insure their car, Murrells Inlet actually defies this trend. While female drivers pay $91 per month for car insurance coverage, males only pay about $81.
Average Auto Insurance Rates by Driving Record
|Infractions||Average Monthly Premium|
Depending on your driving record, your rates can vary quite a lot. Drivers with clean records can expect to pay less than those with accidents or violations. In Murrells Inlet, a driving record with one accident will usually get you a rate around $108 a month. Similarly, drivers with one ticket will typically pay around $152 on average.
Accidents, tickets, and other driving infractions can really add up when it comes to how much you pay. In order to reduce your monthly bill and get the cheapest car insurance possible, keep your record clean and drive carefully.
Average Insurance Rates by Vehicle
|Vehicle Age||Average Monthly Premium|
|Less Than 1 Year||$81|
|15 Years or Older||$74|
In terms of affordable coverage, the cheapest vehicles to insure in Murrells Inlet are typically trucks and vans, at $75 per month.
Car owners, on the other hand, by and large pay around $92 a month, while SUV drivers can expect to pay about $79 per month for auto insurance coverage.
The age of your vehicle can also affect your monthly bill. Generally, newer vehicles are going to cost the most to insure. However, once your car is close to 5 years old, you might start to see your rates slide back down slightly. In Murrells Inlet, the most expensive vehicles to insure are vehicles four-to-five years old.
Average Car Insurance Rates by Relationship Status
|Relationship||Average Monthly Premium|
|Single (never married)||$96|
Generally, car insurance is slightly cheaper for married policyholders. This usually happens because companies will extend special discounts to policyholders with multiple vehicles that are on the same policy.
The difference in rates based on relationship status in Murrells Inlet can be as much as $33 a month, so it's worth keeping that in mind.
Average Car Insurance Rates by Housing Situation
|Housing Status||Average Monthly Premium|
|Live with parents||$99|
Your housing situation is another factor that affects your monthly rate. In Murrells Inlet, homeowners can expect to pay around $26 a month less than those who rent. But if you live with your parents, you can expect to pay a lot more.
Bundling your home or rental insurance with your auto insurance can oftentimes reduce your average costs, depending on your insurance company.
Car Insurance Companies in Murrells Inlet, SC
Recent trends in car insurance for Murrells Inlet drivers
Since average rates are constantly changing, it's a smart move to research the local trends in your area before shopping for coverage.
Auto insurance rates in Murrells Inlet had been increasing from 2016-2018, before steadying out in 2019. They finished down in 2021, at $92 a month
How does Murrells Inlet compare to neighboring areas?
Why are car insurance rates in Murrells Inlet different from other areas?
There are many factors car insurance companies take into consideration when deciding how much to charge for coverage. Many factors affecting your policy are based around where you call home. These factors include things like:
- Road Safety (frequency of car accidents)
- Area laws
- Off-street parking availability
- Number of drivers in the area
- Local crime rates
An awareness of these factors is important when thinking about buying a new policy or potentially moving to a new home. Different cities and towns will each have different rates, so guides like these are a handy way to get started.
How can I find the cheapest car insurance in Murrells Inlet?
In the end, the only way to know exactly what your rate will be is to request a quote from a car insurance company.
Good news! Compare.com can handle all of this for you. Just put in your ZIP below, answer a few questions about your driving profile, and you'll be quickly comparing the cheapest quotes from loads of the car insurance companies offering plans in Murrells Inlet.
Murrells Inlet Insurance FAQs
What factors affect car insurance quotes in Murrells Inlet?
Quotes are calculated by car insurance companies who take multiple factors into consideration, including things you can't control like your gender and age, but also factors like your credit score, driving record, address, and marital status.
Why is the cost of car insurance in Murrells Inlet different from other neighboring cities?
Car insurance companies take local factors into consideration when determining how much to charge for coverage. Things like parking situations, crime rates, and local laws -- which can vary from city to city -- can significantly affect your rate.
Which car insurance company will offer me the cheapest rate in Murrells Inlet?
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 Murrells Inlet?
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 Murrells Inlet or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?