Stuffed with pure magnificence and Southern allure, it’s no marvel greater than 5 million folks name South Carolina residence. However for those who personal a home right here, you’ll additionally need to be sure you’re ready for the state’s pure disasters, together with hurricanes, tropical storms and tornadoes. Having the perfect residence insurance coverage in South Carolina means getting the fitting protection at a worth you possibly can afford.
NerdWallet analyzed charges from insurers throughout the state to seek out the perfect South Carolina householders insurance coverage choices.
Observe: As a result of underwriting practices and market volatility, some firms on this article might not write new insurance policies in your space.
Why you possibly can belief NerdWallet
Our writers and editors observe strict editorial pointers to make sure equity and accuracy in our writing and information analyses. You’ll be able to belief the costs we present you as a result of our information analysts take rigorous measures to eradicate inaccuracies in pricing information and will replace charges for accuracy as new info turns into accessible.
We embody charges from each locale within the nation the place protection is obtainable and information is accessible. When evaluating charges for various protection quantities and backgrounds, we alter just one variable at a time, so you possibly can simply see how every issue impacts pricing.
Our pattern home-owner had good credit score, $300,000 of dwelling protection, $300,000 of legal responsibility protection and a $1,000 deductible.
The perfect householders insurance coverage in South Carolina
In case you’re trying to purchase householders insurance coverage from a well-rated nationwide model, think about one in every of these insurers from NerdWallet’s listing of the Finest Householders Insurance coverage Corporations.
5.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
5.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
4.5
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
4.5
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
4.5
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
5.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
*USAA householders insurance policies can be found solely to energetic navy, veterans and their households.
Extra about the perfect residence insurance coverage firms in South Carolina
See extra particulars about every firm that will help you resolve which one is finest for you.
Chubb
5.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Perks and excessive protection limits for prosperous householders.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
About common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Nice set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Far fewer than anticipated
Considerably fewer client complaints than anticipated for a corporation of its dimension.
Customary protection contains options that many firms solely supply as extras.
Giant variety of reductions.
Most customers aren’t in a position to get a quote on-line and can as a substitute have to contact a neighborhood agent.
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Perks and excessive protection limits for prosperous householders.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
About common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Nice set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Far fewer than anticipated
Considerably fewer client complaints than anticipated for a corporation of its dimension.
Customary protection contains options that many firms solely supply as extras.
Giant variety of reductions.
Most customers aren’t in a position to get a quote on-line and can as a substitute have to contact a neighborhood agent.
Chubb typically serves prosperous policyholders with high-value houses, providing lofty protection limits and loads of perks. For instance, the corporate covers water injury from backed-up sewers and drains, and pays to convey your own home as much as the most recent constructing codes throughout reconstruction after a declare. (Many insurers cost extra for a lot of these protection.)
South Carolina householders may also join free Wildfire Protection Providers. These providers embody customized suggestions for safeguarding your own home and deployment of firefighters to your home if a wildfire is approaching.
State Farm
5.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Nicely-established insurer with a prolonged listing of protection choices.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
Greater than common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Common set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Fewer than anticipated
Person-friendly web site.
Brokers supply customized service.
Insurance policies typically embody additional protection in your residence’s construction.
Fewer reductions than another insurers.
Contains extra beneficiant dwelling protection in commonplace insurance policies than many different insurers do.
State Farm
5.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Nicely-established insurer with a prolonged listing of protection choices.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
Greater than common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Common set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Fewer than anticipated
Person-friendly web site.
Brokers supply customized service.
Insurance policies typically embody additional protection in your residence’s construction.
Fewer reductions than another insurers.
Contains extra beneficiant dwelling protection in commonplace insurance policies than many different insurers do.
As America’s largest insurer, State Farm stands out for its lengthy listing of protection choices. Its insurance policies typically embody additional dwelling protection in case it prices greater than anticipated to rebuild your own home after a coated catastrophe. You may additionally have the ability to add protection for issues like identification theft, injury from backed-up drains and private harm legal responsibility.
State Farm presents a free Ting system as a perk for residence insurance coverage policyholders. Ting is a great plug that screens your own home’s electrical community to assist forestall fires.
Cincinnati Insurance coverage
4.5
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Sells householders insurance policies by way of native unbiased brokers throughout the U.S.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
Greater than common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Common set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Far fewer than anticipated
Many protection choices.
Far fewer complaints than anticipated for a corporation of its dimension.
Has particular protection packages for higher-value houses.
Provides customizable householders insurance coverage with particular choices for higher-value houses.
Cincinnati Insurance coverage
4.5
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Sells householders insurance policies by way of native unbiased brokers throughout the U.S.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
Greater than common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Common set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Far fewer than anticipated
Many protection choices.
Far fewer complaints than anticipated for a corporation of its dimension.
Has particular protection packages for higher-value houses.
Provides customizable householders insurance coverage with particular choices for higher-value houses.
Cincinnati Insurance coverage sells householders insurance policies by way of unbiased brokers, with numerous choices for traditional and high-value houses. You might be able to add protection for issues like identification theft, private cyber assaults or sure kinds of water injury.
Cincinnati might give you a reduction for bundling residence and auto insurance coverage, having a more recent residence, putting in a centrally monitored alarm system or going a sure period of time with out submitting a declare.
Vacationers
4.5
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Vacationers presents robust protection and first rate reductions.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
About common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Common set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Fewer than anticipated
Person-friendly options on web site and app.
Reductions for eco-friendly householders.
Doesn’t insure cellular or manufactured houses.
One of many largest residence insurers within the nation, Vacationers might particularly attraction to eco-conscious householders trying to rating reductions for proudly owning a brand new or “inexperienced” residence.
Vacationers
4.5
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Vacationers presents robust protection and first rate reductions.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
About common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Common set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Fewer than anticipated
Person-friendly options on web site and app.
Reductions for eco-friendly householders.
Doesn’t insure cellular or manufactured houses.
One of many largest residence insurers within the nation, Vacationers might particularly attraction to eco-conscious householders trying to rating reductions for proudly owning a brand new or “inexperienced” residence.
Vacationers presents a sturdy on-line expertise. You should utilize the web site to get a householders insurance coverage quote, file and monitor claims, make funds and find out about insurance coverage fundamentals.
Its protection choices are equally robust. For instance, you might be able to add additional protection in case the dwelling restrict on your own home isn’t sufficient to rebuild your home after a catastrophe. One distinctive possibility is Vacationers’ inexperienced residence protection, which pays additional if you wish to use eco-friendly supplies when repairing or rebuilding your own home after a coated declare.
Kin
4.5
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Householders insurance coverage insurance policies with a lot of extras accessible.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
About common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Common set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Far fewer than anticipated
Provides deductible low cost for those who use one in every of its really helpful contractors after a declare.
Straightforward on-line quotes.
A lot of helpful insurance coverage info on its web site.
Pet legal responsibility protection prices additional.
No bundling low cost.
Makes use of expertise to supply moderately priced insurance coverage in states susceptible to local weather change.
Kin
4.5
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Householders insurance coverage insurance policies with a lot of extras accessible.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
About common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Common set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Far fewer than anticipated
Provides deductible low cost for those who use one in every of its really helpful contractors after a declare.
Straightforward on-line quotes.
A lot of helpful insurance coverage info on its web site.
Pet legal responsibility protection prices additional.
No bundling low cost.
Makes use of expertise to supply moderately priced insurance coverage in states susceptible to local weather change.
Based in 2016, Kin is an insurance coverage startup that sells insurance policies on to customers. Its South Carolina insurance policies typically have three separate deductibles — one for hurricanes, one for wind and hail and one for all different claims. A deductible is the quantity of a declare you’re chargeable for.
Kin presents reductions for issues like windproofing your own home, having a house safety system and going for a sure time frame with out submitting a declare.
USAA
5.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Provides perks and inexpensive charges for the navy neighborhood.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
Under common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Common set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Far fewer than anticipated
Insurance policies embody commonplace protection that always prices additional elsewhere.
Far fewer buyer complaints to state regulators than anticipated for a corporation of its dimension.
Common charges are beneath the nationwide common, in accordance with NerdWallet’s evaluation.
Out there solely to energetic navy members, veterans and their households.
With beneficiant protection at charges beneath the nationwide common, USAA presents good worth for householders.
USAA
5.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration client criticism and buyer satisfaction information.
Provides perks and inexpensive charges for the navy neighborhood.
Protection choicesScores are based mostly on the variety of protection choices an organization presents compared to different insurers.
Under common
ReductionsScores are based mostly on the variety of reductions an organization presents compared to different insurers.
Common set of reductions
NAIC complaintsScores are based mostly on complaints to state regulators relative to an organization’s dimension, in accordance with three years’ price of knowledge from the Nationwide Affiliation of Insurance coverage Commissioners. NerdWallet conducts its information evaluation and reaches conclusions independently and with out the endorsement of the NAIC.
Far fewer than anticipated
Insurance policies embody commonplace protection that always prices additional elsewhere.
Far fewer buyer complaints to state regulators than anticipated for a corporation of its dimension.
Common charges are beneath the nationwide common, in accordance with NerdWallet’s evaluation.
Out there solely to energetic navy members, veterans and their households.
With beneficiant protection at charges beneath the nationwide common, USAA presents good worth for householders.
USAA sells householders insurance coverage to veterans, energetic navy members and their households. If that description suits you, you might need to think about a USAA coverage. That’s as a result of the corporate’s householders insurance coverage has sure options that different insurers might cost additional for.
For instance, USAA routinely covers your private belongings on a “alternative price” foundation. Many firms pay out solely what your gadgets are price on the time of the declare, which implies you might not get a lot for older gadgets. USAA pays sufficient so that you can purchase brand-new replacements in your stuff.
How a lot does householders insurance coverage price in South Carolina?
The common annual price of residence insurance coverage in South Carolina is $2,055. That’s 13% greater than the nationwide common of $1,820.
In most U.S. states, together with South Carolina, many insurers use your credit-based insurance coverage rating to assist set charges. Your insurance coverage rating is comparable however not equivalent to your conventional credit score rating.
In South Carolina, these with poor credit score pay a mean of $3,840 per 12 months for householders insurance coverage, in accordance with NerdWallet’s fee evaluation. That’s 87% greater than these with good credit score.
Common price of householders insurance coverage in South Carolina by metropolis
How a lot you pay for residence insurance coverage in South Carolina relies on the place you reside. For instance, the typical price of householders insurance coverage in Charleston is $3,270 per 12 months. In the meantime, in Columbia, householders insurance coverage prices about $1,690 per 12 months, on common.
The most affordable residence insurance coverage in South Carolina
Listed here are the insurers we discovered with common annual charges beneath the South Carolina common of $2,055.
5.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
4.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
4.5
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
5.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
4.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
5.0
NerdWallet score
NerdWallet’s scores are decided by our editorial staff. The scoring components takes under consideration reductions, protection choices, web site transparency, monetary power, criticism information and extra.
*USAA householders insurance policies can be found solely to energetic navy, veterans and their households.
What to learn about South Carolina householders insurance coverage
Each state has components that may affect householders’ choices about the kind of insurance coverage they purchase. South Carolina has seen many pure disasters, together with often-devastating hurricanes. Right here’s tips on how to test whether or not your householders insurance coverage has the fitting protection.
Hurricanes and tropical storms
Hurricanes and different tropical storms could cause huge injury with their potent mixture of wind and water. South Carolina is especially prone with its 200 miles of shoreline. Sadly, commonplace householders insurance coverage insurance policies might not cowl all injury from hurricanes.
Most owners insurance coverage insurance policies pay for injury from wind however not flooding. Nonetheless, a separate deductible might apply to wind or hurricane claims. A householders insurance coverage deductible is the quantity of a declare you’re chargeable for.
For instance, your coverage might have a $1,000 deductible for many claims and a 1% deductible for wind or hail claims. So if your home has $250,000 price of dwelling protection, you’d must pay for the primary $2,500 of wind or hail injury your self.
If your home is in a high-risk coastal location, your insurance coverage service might not embody wind protection in your householders coverage. You should buy separate wind protection by way of non-public insurance coverage firms or the South Carolina Wind Pool.
Flooding
It doesn’t at all times take a hurricane to trigger flooding in South Carolina. Heavy rain may also result in issues in your house if it causes a creek to overflow or it comes down too rapidly to empty correctly. Customary householders insurance coverage typically received’t cowl such a injury.
In case you’re in danger, think about shopping for separate flood insurance coverage. (Your lender might even require you to take action for those who reside in a flood plain.)
To search out out your own home’s threat of flooding, put your tackle into the Federal Emergency Administration Company’s flood maps or go to RiskFactor.com, a web site from the nonprofit First Avenue Basis. With excessive climate rising extra widespread as a result of local weather change, even householders in much less dangerous areas might need to think about shopping for flood insurance coverage to guard their properties.
Tornadoes
South Carolina will get nearly a dozen tornadoes per 12 months. Whereas these fierce storms are comparatively uncommon, they will trigger main destruction to your own home. So long as your coverage covers wind injury — and most owners insurance policies do, except you reside on the coast — you’ve protection for twister injury.
South Carolina insurance coverage division
In South Carolina, the Division of Insurance coverage oversees the insurance coverage business. Its web site is a invaluable useful resource for looking for residence insurance coverage or submitting complaints in opposition to your insurance coverage firm. You’ll be able to attain the company by emailing [email protected] or calling 800-768-3467.
Ceaselessly requested questions
Is residence insurance coverage required in South Carolina?
Residence insurance coverage is just not required by state legislation, however your mortgage lender will doubtless require you to buy householders insurance coverage in South Carolina.
How can I get monetary savings on South Carolina residence insurance coverage?
Listed here are 3 ways to economize on householders insurance coverage in South Carolina:
Store round to be sure you’re getting the perfect fee.
Select a better deductible. In case of any claims, you’ll pay extra out of pocket, however your annual charges will probably be decrease.
Bundle your own home and auto insurance coverage for an total decrease fee.
Some insurers will present reductions for those who spend money on security enhancements, resembling storm shutters to forestall wind injury. Attain out to your insurer to ask if such reductions can be found.
Does South Carolina residence insurance coverage cowl hurricanes?
Most South Carolina householders insurance coverage insurance policies cowl injury from wind however not flooding, so that you’ll doubtless want a separate flood coverage or add-on to cowl the complete threat of hurricane injury. In case you reside on the coast, your householders coverage might not cowl wind both. Examine together with your agent or insurance coverage firm to see whether or not you want extra protection.
Is residence insurance coverage required in South Carolina?
Residence insurance coverage is just not required by state legislation, however your mortgage lender will doubtless require you to buy householders insurance coverage in South Carolina.
How can I get monetary savings on South Carolina residence insurance coverage?
Listed here are 3 ways to economize on householders insurance coverage in South Carolina:
Store round to be sure you’re getting the perfect fee.
Select a better deductible. In case of any claims, you’ll pay extra out of pocket, however your annual charges will probably be decrease.
Bundle your own home and auto insurance coverage for an total decrease fee.
Some insurers will present reductions for those who spend money on security enhancements, resembling storm shutters to forestall wind injury. Attain out to your insurer to ask if such reductions can be found.
Does South Carolina residence insurance coverage cowl hurricanes?
Most South Carolina householders insurance coverage insurance policies cowl injury from wind however not flooding, so that you’ll doubtless want a separate flood coverage or add-on to cowl the complete threat of hurricane injury. In case you reside on the coast, your householders coverage might not cowl wind both. Examine together with your agent or insurance coverage firm to see whether or not you want extra protection.
