Nearly $ 12 million in auto insurance fraud was reported in South Carolina last year, with bogus vehicle claims accounting for more than three-quarters of the total ill-gotten gains, according to the state attorney general?s office.
Read more:
S.C. Attorney General Reports Millions in Auto Insurance Fraud in 2010
How to get auto insurance from a state that your college is in rather than your resident state?
I live in New Jersey where the auto insurance is relatively expensive. However, I go to college in South Carolina where the auto insurance is a lot cheaper than in New Jersey. How can I get the cheaper South Carolina auto insurance? Do I need a South Carolina driver?s license to do this? Should I buy a car from a South Carolina dealership?
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You can?t legally?you have to register and insure the car in your state of legal residence, in this case NJ. However, call your agent and check into a ?college? rate?many companies give a discount if you?re at school over a certain distance from home. That may help.
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