New auto insurance law to influence prices in South Carolina

A new law on automobile insurance, you can save a few bucks.

Or could it will cost you a few bucks.

Look at your company’s insurance.

The law, effective March 1 change the way insurance companies of their companies by opening up many options, such as the General Assembly of 1997, Act No. 154 recoupment begins the elimination of charges and insurance companies can choose your risks and classifications.

Imagine yourself a driver for 35 years, Horry County provided by government Farm Mutual Insurance Co., the state’s largest auto insurer. The driver has a 1994 Chevrolet Cavalier - the car of the state of the insurance industry uses for apples to apples to compare.

Before 1 March this pilot - with two years as owner of agricultural policy, the State and not accidents or injuries - would have paid $ 535.14 per year.

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