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Best Homeowners Insurance in South Carolina (2024)

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Content was accurate at the time of publication.

Allstate, Farmers and Nationwide are the best homeowners insurance companies in South Carolina.

Allstate offers the cheapest home insurance rates in the state. Farmers is the best company for discounts. Nationwide has the best coverage options.

Find the Cheapest Home Insurance Quotes in South Carolina

Allstate is the cheapest home insurance company in South Carolina, with rates that average $1,274 a year, or $106 a month.

Chubb, State Farm and USAA are next, though their average rates are quite a bit higher than Allstate’s.

CompanyAnnual rateMonthly rate
State Farm$2,712$226
South Carolina Farm Bureau$4,202$350

To find the cheapest home insurance for your needs, compare home insurance quotes from several companies before you buy a policy.

Allstate, Nationwide and Farmers are the best companies for homeowners insurance in South Carolina due to their rates, coverages and discounts.

CompanyBest forAverage rateCustomer satisfaction*Complaint index**
AllstateLow rates$1,2748091.3

*Higher is better; 819 is average

**Lower is better; 1.0 is average

Best for cheap rates: Allstate

Allstate is the best South Carolina home insurance company for affordable rates, charging $1,274 a year, on average.

There’s more to Allstate than cheap home insurance rates, though. It also offers an ample selection of optional coverages and discounts.


  Cheapest average home insurance rates in South Carolina

  Offers many discounts that could make your premium even cheaper

  Many optional coverages that let you customize your policy to your needs

  Customer satisfaction rating is below average

  Receives more complaints than expected for its size

Best coverage options: Nationwide

Nationwide is South Carolina’s best home insurance company for optional coverages. Among its many add-on coverage offerings:

  • Replacement cost coverage for belongings
  • Equipment breakdown coverage
  • Water backup coverage
  • Identity theft coverage


  Has the most optional coverages of companies surveyed

  Standard policies include credit card coverage and ordinance or law insurance

  Also offers many discounts that could make premium more affordable

  Complaint rating is good

  Average home insurance rate is higher than the state average

  Customer satisfaction rating is below average

Best discounts: Farmers

Farmers has the best home insurance discounts of the companies we surveyed in South Carolina.

You may get a discount and save money on your policy for bundling your home and auto policies with Farmers. You might qualify for other discounts if you:

  • Add protective devices like fire alarms or a security system to your home
  • Install automatic gas or water shutoffs
  • Go three straight years without filing a claim


  Most home insurance discounts of companies surveyed

  Good complaint rating

  High average home insurance rate

  Fewer add-on coverages than main competitors

  Customer satisfaction rating is poor

Find the Cheapest Home Insurance Quotes in South Carolina

The average cost of homeowners insurance in South Carolina is $3,335 a year, or $278 a month.

Your home’s dwelling coverage limit plays a big role in what you pay for a home insurance policy.

The dwelling coverage portion of your home insurance policy helps pay to repair or rebuild the structure of your home if a “covered peril” damages or destroys it. Covered perils include events like fires, hail or even vandalism.

A policy with a dwelling limit of $450,000 costs an average of 27% more than a policy with a $350,000 limit.

Dwelling limitAnnual rateMonthly rate

What you pay for home insurance is based on several factors, including:

  • Where you live in the state
  • The age of your home
  • The amount of coverage you buy
  • Your deductible
  • Your credit, insurance and claims histor

Where you live in South Carolina plays a major role in how much you pay for home insurance. In particular, homeowners in coastal areas of the state often pay much higher home insurance rates than those who live inland.

Greer homeowners pay an average rate of $2,138 a year for home insurance, for example. Homeowners in coastal Myrtle Beach pay $6,162 a year, on average.

These are the cheapest and most expensive average home insurance rates among South Carolina’s largest cities.

CityAnnual rate
Goose Creek$3,939
Hilton Head Island$5,376
Mount Pleasant$5,091
Myrtle Beach$6,162
North Charleston$4,089
Rock Hill$2,540

The average cost of home insurance in Charleston, which is on the coast, is $5,000 a year. In Columbia, which is inland, the average annual cost is $2,432.

South Carolina homeowners should consider buying windstorm and hail insurance as well as flood insurance due to the state’s risk of thunderstorms, tornadoes and hurricanes.

Windstorm and hail insurance

If you live on or near the coast in South Carolina, your standard home insurance policy probably won’t cover windstorm or hail damage. For windstorm or hail coverage in these areas, you need to buy separate insurance.

Many home insurance companies sell windstorm and hail insurance policies in South Carolina. If you can’t find an affordable policy through any of them, contact the South Carolina Wind and Hail Underwriting Association, also known as the Wind Pool. It also sells windstorm and hail coverage to homeowners in South Carolina’s coastal areas.

Flood insurance

Standard home insurance policies also don’t cover flood damage. To protect you and your home from flooding, you need to buy separate flood insurance coverage.

State law doesn’t require South Carolina homeowners to buy flood insurance, but your mortgage lender might require it if you live in a high-risk flood zone.

You can buy flood insurance through the National Flood Insurance Program (NFIP) or some private insurance companies.

South Carolina law does not require homeowners to buy home insurance, but most lenders do require it. Your lender may also make you get flood insurance for your home if it’s in a high-risk flood zone.

Homeowners insurance in South Carolina costs $3,335 a year, on average. You might pay more or less than this average rate based on how much coverage you need, your policy deductible, where you live and more.

Allstate has the cheapest home insurance in South Carolina, with rates averaging $1,274 a year. (See more above.)


The rates shown in this article are based on non-binding quotes collected from Quadrant Information Services. Your rates may vary. Average rates were compiled from rates in South Carolina. The following coverages and deductible were used unless otherwise noted:

  • $400,000 dwelling coverage
  • $40,000 other structures
  • $200,000 personal property
  • $80,000 loss of use coverage
  • $100,000 liability
  • $5,000 medical payments
  • $1,000 deductible

Overall satisfaction ratings were obtained from J.D. Power’s 2023 U.S. Home Insurance Study. The agency’s scores are based on customer surveys that rate insurance companies on factors including price, policy offerings and claims.

Complaint ratings are based on NAIC Complaint Index data from 2023. A company with a 2.0 Complaint Index score has twice as many confirmed complaints as expected for its size. A company with a 0.5 rating has half as many.

*USAA only provides insurance to currently serving and retired military personnel, and their families.