Today, GMAC Insurance announced the company will reduce its auto insurance rates in South Carolina, effective immediately. Drivers in the Palmetto State can expect to save an average of seven percent when purchasing GMAC Insurance coverage from 192 South Carolina-based independent agencies.
With fuel prices surging, these rate decreases will help customers manage their transportation costs, giving them a much-needed break. What's more, GMAC Insurance's exclusive GM Loyalty Discount has increased, which means policies with only GM vehicles now get up to 5% off liability coverage.
“With lower claims costs and favorable market conditions, we have reduced the rates that our independent agents offer,” said Scott Murphy, vice president of product and pricing, GMAC Insurance — Personal Lines. “Given our long-term commitment to our customers and agents in South Carolina, we believe this is the right thing to do for both new and existing customers. And, we'll still take care of them with the same great benefits, such as our outstanding 24/7 claims service, emergency expense allowance, SmartParts guarantee and SmartReplacement program.”
The GMAC Insurance rate reduction is a statewide average that will affect individual customers differently. Overall premium changes for individual motorists will vary depending on factors such as the coverages they carry, the discounts for which they qualify, where they live, the kind of car insured, who drives it and how much it is driven.
“We know that many customers prefer to buy their auto insurance with the help of an independent agent, so we want to allow our agents to provide the best possible value to their customers,” said Murphy. “With our statewide rate decrease, South Carolina customers will be able to get great rates and great coverage with one of the top insurers in the nation.”
For more information about GMAC Insurance coverage and to find a local independent agent, call 877-468-3466 or go to gmacinsurance.com.
The GMAC Insurance Group is one of the largest automobile insurers in the United States and is a wholly owned subsidiary of GMAC Financial Services. GMAC Insurance Personal Lines offers a variety of property and casualty products, including personal auto, RV, motorcycle, boat and commercial auto insurance. With a nationwide network of claims professionals, local independent agents and a 24-hour, toll-free claims hotline available 365 days a year, GMAC Insurance provides superior claims service for its customers.
