Auto Briefs

The rate of uninsured motorists in South Carolina is about half that figure, according to Wallet Hub (Provided).

South Carolina stands as the ninth-least risky state, and best in the South, for costs tied to auto accidents, according to an online consumer-oriented researcher.

Wallet Hub, which bills itself as the leading personal finance social network, said it conducted an “extensive analysis of 2015's most and least risky state for driver's wallets.” (The study also includes the District of Columbia).

Maine was considered least risky, while Florida topped the risk list.

South Carolina benefits from requiring uninsured motorist coverage for bodily injuries and for property damage, insurance that many states don't mandate. Its Liability insurance requirements include a minimum $25,000 bodily injury coverage per person, $50,000 bodily injury coverage per accident, and $25,000 property damage coverage per accident.

Also South Carolina's estimated rate of drivers who are uninsured is ninth lowest at 7.7 percent.

According to Wallet Hub, “We all know driving can be dangerous, but in some states it's more dangerous to your wallet than others. If another driver crashes into your car, can you be sure that driver has insurance, and, if so, enough to cover the damages?”

The Internet venture said, “The answer to this question varies from state to state. The proportion of drivers with no insurance ranges from a high of 25.9 percent of drivers in Oklahoma to only 3.9 percent in Massachusetts.”

According to Wallet Hub, “There are also significant differences in insurance requirements that can protect your finances after an accident.”

States require varying amounts of minimum liability coverage, which protects others when a driver causes an accident, Wallet Hub pointed out. Some states require insurance for medical expenses and coverage, as in South Carolina, to protect motorists against uninsured or underinsured drivers.