South Carolina has some of the most beautiful beaches and places to live in the country, so it only makes sense that millions of people make their home there. South Carolina is also right in the part of many storms, and homes there aren’t any more immune to fires and crime than anywhere else. Yet that’s where homeowners insurance comes in. It can allow you to rebuild and stay stable no matter what damages your home. To help you, we found the most affordable options on average in the state.
Here are the three cheapest homeowners insurance providers operating in South Carolina:
The Three Cheapest Quotes:
While the numbers below seem similar, they might not all be similar for you. Your experience will vary from everyone else’s by virtue of the uniqueness of your home and life. This now known, please consider the following information a general guide as opposed to a prediction.
The number listed next to each provider is the average annual rate for a standard policy.
1) Nationwide: $1,514
The cheapest option in South Carolina by just a slim margin, Nationwide is a company that comparatively can give you and your home whatever is needed with its many customization options. If you know what you want from a policy, you should get a quote at the very least from them.
Yet while Nationwide is the cheapest, they won’t stay that way if you get the optional coverages offered. Even compared to similar plans, Nationwide raises the rates on those plans, leaving you far poorer for the coverage. So be careful and think about what you would really want from the insurance provider.
You can expect the following working with Nationwide:
- A free regular review which will help you make sure you’re getting the best plan.
- Excellent levels of replacement coverage.
- Claims processing that’s quick and helpful.
2) Allstate: $1,534
A good choice if you need some of the special coverages or options that you might not find outside of their offerings, Allstate is a well-known insurance provider that is great for people looking for discounts, people looking to bundle, and those with older homes. Whatever you want from them, you can rest easy knowing that they are reliable, stable, and fair in their dealings with customers.
Yet when dealing with such an established company, one would hope to be on the receiving end of excellent customer service. Sadly, this isn’t guaranteed, as not all of Allstate’s representatives are up to the same level, and reports of a slow response time are too common.
You can expect the following working with Allstate:
- A large library of helpful information, articles, and tools to help you better understand your policy.
- A few helpful endorsements for particular items, in case regular coverage won’t be enough.
- Plenty of optional coverages to choose from, which you should review if you think your home is out of the ordinary.
3) State Farm: $1,557
While it is just edged out of being the on average cheapest provider in South Carolina like it is in many states, State Farm is still the simplest and in many ways easiest to work with and start with homeowners insurance provider in the state. The massive insurance company has an infrastructure that’s hard to beat, and they use it to make sure you always have access. From them, you can expect a basic policy that will handle any basic problems, and there won’t be much confusion on the way.
And while that is great for many homeowners, as a result State Farm isn’t the choice for owners that want more complex or customized policies, as they won’t have many options to choose from. And since the discount options are similarly limited, you aren’t going to get much more out of State Farm than you initially see.
You can expect the following working with State Farm:
- An online experience that is one of the best in the industry, complete with all the information you need and an excellent quoting tool.
- A strong structure and the benefits of working with a massive organization.
- A large network of agents spread across the state, making getting a plan easy for you.
Other Notable South Carolina Homeowners Insurance Providers
It isn’t always possible to determine an average annual rate for a company, but we don’t want to exclude some otherwise excellent companies from getting your attention. Here are two other options you should consider:
4) Liberty Mutual
An insurance company with a foothold in every state and region, as well as more products than you can keep track of, Liberty Mutual will help you save money on your policy while nonetheless providing you with enough coverage and options to handle the needs of most homeowners. With a good record of service, we think they are at least worth getting a quote from.
Yet for people who want an easy claims process (and most people do), Liberty Mutual’s record might give you pause. There are regular reports of difficult times with the claims department, and it might take you longer than you would like to get a result.
You can expect the following working with Liberty Mutual:
- Plenty of bundling and discount options available.
- Optional coverages available for water backup, valuables, and identity fraud expense coverage.
- Plenty of customer service support channels so you can get help the way you would prefer.
An organization dedicated to benefiting, military members, former military members, and their families, USAA primarily provides financial services and offers insurance plans for those groups. These plans are extremely competitive, cheap, and able to handle all the major threats that might come your way in South Carolina. You’ll also find staff who know the needs of military members and their families, and provide excellent service as a result.
In fact, the only downside we could find was that you have to be a member of one of the above groups to work with them. You might not find their tools and online experience as modern as the other companies listed here, but we think it’s more than enough for most people.
You can expect the following working with USAA:
- Excellent staff who work almost exclusively with people like you.
- Other product and services, and benefits for using USAA for multiple functions.
- Excellent bundling discounts and opportunities.
We understand that there are plenty of options and plenty of necessary coverages to consider, but with a bit of time and organization we’re certain that you’ll be able to make the right call for your family. South Carolina homeowners should make sure that all potential threats are addressed in their policy, try to make sure they can afford a plan not only this year but the years following, and make sure their priorities are clear. We hope that you find the peace of mind you deserve soon.