Myrtle Beach, SC Car Insurance

Residents of Myrtle Beach pay around $92 monthly for their car insurance coverage. Learn more in our handy guide below.
What rates should residents of Myrtle Beach expect to pay for their car insurance? How does Myrtle Beach stack up to the rest of the area, or even South Carolina as a whole? You can find average cost breakdowns based on a wide array of factors in the charts and writeups below:  

How much is car insurance in Myrtle Beach?

Area Average Monthly Car Insurance Premium
Myrtle Beach$92
SC$99
United States$80

Looking at the chart above, you can see it's around $7 a month cheaper to insure your vehicle in Myrtle Beach than it is in the rest of South Carolina.

On the other hand, drivers in Myrtle Beach may pay higher rates than the rest of the country. It's about $12 more for coverage in Myrtle Beach than in the rest of the U.S.

While these are the average costs to insure your vehicle in Myrtle Beach, keep in mind that you could end up paying a different amount. The amount that insurance companies end up charging you is determined by a number of factors. The final dollar amount you'll be asked to pay each month is calculated off of factors such as your age, gender, vehicle make and model, driving record, and in some areas, your credit score.

But worry not, we've done the heavy lifting and broken down the average rate for Myrtle Beach to help you understand what exactly you might be asked to pay. To find out if you're getting the cheapest rate, just enter your ZIP Code below and find out in minutes!

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Average Car Insurance Rates by Age

Age Range Average Premium
Under 18Not Enough Data
18-24$156
25-34$95
35-44$83
45-54Not Enough Data
55-64$68
65+$70

Generally, the older you are the more experienced you are behind the wheel, right? That experience can turn into some real savings when it comes to car insurance bills. In this case, 18-24-year-olds pay $86 more than drivers 65 and older.

You can expect to see a decrease in your monthly premium drop about once a decade or so. Drivers in Myrtle Beach may see their rates climb back up once they hit retirement age.

Average Car Insurance Rates by Gender

Gender Average
Male$91
Female$92

Female drivers pay, on average, slightly less than their male counterparts. While male drivers actually pay a bit less than female drivers on their monthly auto insurance coverage, the difference in Myrtle Beach is only about $1 per month.

Average Auto Insurance Rates by Driving Record

Infractions Average Monthly Premium
1 Accident$154
Multiple Accidents$160
1 Ticket$116
Multiple Tickets$181

Your rates can vary wildly depending on your driving record. Drivers who avoid accidents and tickets will pay lower rates than those with infractions. In Myrtle Beach, having a single accident on your record will usually get you rates around $116 a month. In addition, drivers with one ticket can expect to pay around $154 a month on average.

Accidents, tickets, and other driving infractions can really cost you when it comes to your monthly rate. In order to keep your monthly bill down and get the cheapest car insurance possible, keep your record clean and drive safely.

Average Insurance Rates by Vehicle

Vehicle Age Average Monthly Premium
Less Than 1 Year$83
2-3 Years$96
4-5 Years$117
6-7 Years$92
8-10 Years$93
11-14 Years$92
15 Years or Older$88

The cheapest vehicles to insure in Myrtle Beach are usually trucks and vans, with each type typically costing about $80 per month.

SUV drivers will see rates of about $89 to insure their vehicle, while car owners typically pay around $95 a month.

Depending on how old your vehicle is, you can also expect to see slightly different rates. Generally, newer vehicles are 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 decrease. In Myrtle Beach, for example, 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)$99
Married$76
Divorced$74
Widowed$73

On average, car insurance is slightly cheaper for married policyholders. This usually boils down to owners having multiple vehicles on the same policy, something many companies extend special discounts for.

According to the table above, the difference in rates based on relationship status in Myrtle Beach can be as much as $23 a month, so it's worth taking into consideration.

Average Car Insurance Rates by Housing Situation

Housing Status Average Monthly Premium
Own$77
Rent$95
Live with parents$156

Your living accommodations is another factor that affects your monthly rate. If you rent your home or apartment in Myrtle Beach, expect to pay around $18 a month more than if you own your home. Those who live with their parents, however, can expect to pay a good deal more than their counterparts who rent or own.

If you bundle your home or rental insurance and auto insurance policies, you can oftentimes reduce your overall costs, depending on your insurance company.

Car Insurance Companies in Myrtle Beach, SC

Recent trends in car insurance for Myrtle Beach drivers

Car insurance rates are frequently changing, so it's in your best interest to understand which way your area is trending before choosing when and where to shop.

In Myrtle Beach, the rates for car insurance have been mixed more recently, although they did rise from $105 in 2020 to $114 in 2021.

How does Myrtle Beach compare to neighboring areas?

Why are car insurance rates in Myrtle Beach different from other areas?

When considering how much to charge for an insurance policy, car insurance companies will evaluate many factors. The specifics of where you live will have an impact on your personal policy. This might include things like:

  • Regional crime rates
  • Amount of off-street parking
  • Road Safety (total number of local car accidents)
  • Total drivers
  • Regional laws

You can't change these factors yourself, but they're something to take into consideration when shopping for a new policy or looking to move into an area. Each area will have different rates. Guides like these are a wonderful place to get started.

How can I find the cheapest car insurance in Myrtle Beach?

While getting familiar with what the average costs are for drivers like you can be helpful as you get an idea of what you might pay, the only way to know exactly what your rate will be is by requesting a quote from car insurance companies.

Luckily, Compare.com can handle all of this for you. Put in your ZIP below, answer a few questions regarding the factors mentioned above, and you'll be quickly comparing the cheapest quotes from loads of the car insurance companies offering plans in Myrtle Beach.

Compare the cheapest quotes from dozens of insurance companies

Myrtle Beach Insurance FAQs

What factors affect car insurance quotes in Myrtle Beach?

Car insurance companies calculate quotes based on a wide array of factors. These include things like your gender and age, but also factors like your vehicle's year, make and model, as well as your driving record, credit score, address, and marital status.

Why is the cost of car insurance in Myrtle Beach different from other neighboring cities?

Local laws, crime rates, and parking situations -- all of which can change from city to city -- play a large role in the rates that car insurance companies may charge for coverage.

Which car insurance company will offer me the cheapest rate in Myrtle Beach?

Since the factors that car insurance companies take into consideration when calculating the rate you might pay differ from person to person, there is no one insurance company that will offer the cheapest rate to everybody. Things like your driving record, the number of drivers on the policy, and vehicle make and model, plus a number of others, are all taken into account. Because of this, it's a good idea to use sites like Compare.com to compare multiple quotes at once.

Do I need to change my insurance if I move to Myrtle Beach?

Whenever you relocate or experience another major life event, such as finding a new job or getting married, you should consider revisiting your current insurance policy. Using services like Compare.com to compare quotes from multiple companies at once is a great way to make sure you're getting the cheapest rate for your new location.

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 Myrtle Beach or just curious about rates in your area, why not take 10 minutes to see if Compare.com can save you money?

Find your best rate in just a few minutes