Find the Cheapest Homeowners Insurance Quotes in Your Area
We collected insurance quotes across 44 cities in the state of South Carolina in order to determine which regions have the highest and lowest annual home insurance costs. Based on our research, South Carolina homeowners pay on average $1,535 per year for home insurance. Across the 44 cities we studied, Nationwide had the lowest average annual homeowners insurance rates in the state. Read more about our findings below, or use our quote tool above to start finding home insurance quotes in your area.
- Best Homeowners Insurance Companies in South Carolina
- Cheapest Home Insurance Companies in South Carolina
- Homeowners Insurance Rates in South Carolina's Largest Cities
- Top 5 Least Expensive Cities for Home Insurance In South Carolina
- Top 5 Most Expensive Cities for Home Insurance in South Carolina
Best Homeowners Insurance Companies in South Carolina
Whether your home is in Greenville, Myrtle Beach or Charleston, when shopping for the best home insurance company in South Carolina, you should always balance your preferences for coverage features, price, stability and customer service. Here, we've emphasized customer service, comparing the largest homeowners insurance companies in the Palmetto State using customer complaints. The top-rated homeowners insurance companies in South Carolina are the South Carolina Farm Bureau, USAA and State Farm. The worst-rated large insurance companies in the state are United Insurance Holdings, Liberty Mutual and Nationwide. With the exception of UPC, South Carolina residents appear to be generally happy with their home insurance service: Nine out of the 10 largest companies receive a customer complaint ratio below the national median of 1.0.
|Rank||Company||Market share||Complaint ratio|
|6||Liberty Mutual (Safeco)||5%||0.82|
|7||South Carolina Farm Bureau||3.8%||0.18|
|9||United Insurance Holdings (UPC)||2.7%||1.95|
Find the Cheapest Homeowners Insurance Quotes in Your Area
We measured customer satisfaction by the complaint ratio collected from the National Association of Insurance Commissioners (NAIC). Customer complaints are weighted by market share, so the number of complaints is adjusted relative to the size of a company, with a median score of 1.0. A lower complaint ratio indicates customers are more likely to be happy with their service.
Comparing Quotes: The South Carolina Department of Insurance
We've analyzed some of the cheapest and most expensive home insurance companies in South Carolina below, but if you want to browse quotes yourself, the South Carolina Department of Insurance has a price comparison tool. With this tool, you can browse sample homeowners insurance premiums by county and ZIP code for a variety of coverage levels and types of homes to get a sense for insurer rates.
South Carolina Homeowners Insurance Company Reviews
Based on market share, the five largest homeowners insurance companies in South Carolina are State Farm, Allstate, USAA, Travelers and Nationwide. We reviewed these insurers below, focusing on policy coverage, customer experience and financial stability.
State Farm is the home insurance leader in South Carolina, writing more than one-fifth of the state's premiums. With State Farm, you'll get plenty of optional coverage add-ons, stellar customer service, and a competitive discount if you combine your home and auto policies.
State Farm has coverage features for almost any situation. For example, policies can be amended to include coverage for structures located off your primary premises. South Carolina business pursuits are covered, too: Nurses can purchase professional liability coverage, while business owners who maintain an office space can purchase incidental business coverage to cover bodily injury and property damage liability.
If you plan to purchase your auto and home insurance together, State Farm has one of the most generous bundling discounts we've seen in South Carolina, with the potential to save up to 34% off your homeowners insurance premium.
Ranking third of the top 10 home insurance companies in South Carolina, State Farm's customer complaint ratio is stronger than the national median. You won't have to worry about your claim being paid due to corporate financial weakness, either, as State Farm earns A.M. Best's top rating of "A++" for financial strength.
Although it's the next-largest home insurer in South Carolina, Allstate is a distant second, writing approximately half as many premiums as State Farm. Allstate is a good choice for those seeking value, combining discount options with strong customer service.
Low-risk homeowners will have plenty of opportunities to save if they get an Allstate home insurance policy in South Carolina. When we obtained quotes with Allstate for a sample homeowner who doesn't smoke and has a responsible payment and claims history, savings on annual premiums totaled hundreds of dollars. Allstate also has an interesting optional coverage feature called Claim RateGuard. Available at an additional cost, RateGuard is good for risk-averse customers, as it ensures your home insurance premium won't rise just because you file a claim.
Ranking fourth of the top 10 home insurance companies in South Carolina, Allstate has a strong customer service reputation, though not as stellar as State Farm or USAA. Allstate trails those two insurers in financial stability, too. It received an "A+" rating from A.M. Best, although this grade is still excellent.
The United Services Automobile Association (USAA) is the third-biggest insurer in South Carolina, but only U.S. military members, veterans and their families will qualify for its home insurance policies. With more than 400,000 veterans living in the state, however, there are plenty of eligible customers who should take advantage of its generous coverage and customer service credentials.
USAA home insurance policies include replacement cost coverage for both your home and your personal belongings. This feature, which almost always costs extra with other insurers, is included in base USAA policies, and it ensures you'll be fully reimbursed for damage to your property, regardless of wear and tear to your home or belongings. And the insurer's customer complaint ratio of 0.22 ranks behind only the locally focused South Carolina Farm Bureau, meaning you'll likely get great customer service.
Finally, with a financial strength rating of "A++" from A.M. Best, USAA receives the highest possible rating in its ability to meet financial obligations.
The fourth-biggest home insurance company in South Carolina, Travelers provides the most stripped-down policies of this group. It's worth getting a quote from Travelers, given its status as a major insurer, but you won't find any unique coverage features or discounts.
Travelers offers a standard home insurance policy with little in the way of extra coverage features. The extra features that are offered—replacement cost coverage, higher limits for valuable items, water backup coverage and identity theft coverage—are available with all the other insurers in this list. Its customer service reputation, measured by consumer complaints, is good by national standards but ranks sixth in the state, leaving little reason to pick Travelers over State Farm, Allstate or USAA. On the plus side, Travelers does match State Farm and USAA in its high likelihood to pay claims, receiving A.M. Best's top grade of "A++" for financial strength.
Nationwide is the fifth-largest home insurance company in South Carolina by market share, but shoppers should definitely get a quote from the insurer given its generous sublimits for high-value items and interesting coverage features, such as inflation protection.
In South Carolina, Nationwide's base home insurance policies include a variety of protections that might come at an additional cost with other providers. If you're a homeowner with unique property items, Nationwide might be the insurer for you. For example, in addition to coverage limits for standard high-value items like jewelry and business property, Nationwide policies cover damage to unique items like watercraft or trailers you keep in home, up to $2,500. Coverage limits in Nationwide policies also have inflation protection, so your dwelling and personal property coverage limits will rise each year to keep pace with rising prices.
Nationwide has one of the worst customer complaint ratios of the big insurers in South Carolina, ranking eighth out of the 10 largest companies in the state. But this doesn't mean its customer service is poor, as it still receives a decent score compared to the national median. And with an A.M. Best rating of "A+", Nationwide is on par with Allstate for its superior ability to pay claims.
Cheapest Home Insurance Companies in South Carolina
We gathered quotes from State Farm, Allstate, and Nationwide. Quotes from each company were averaged to find which insurance companies had the best home insurance rates in South Carolina. The graph below shows the average annual costs to insure our sample home by company and the state average:
Best Homeowners Insurance Rates in South Carolina's Largest Cities
We evaluated homeowners insurance rates across the largest cities in South Carolina. Our study implemented control variables to gather quotes that can be compared to one another. On average, homeowners in the ten largest cities pay just $1 more than the rest of the state on homeowners insurance.
Columbia was the largest city in the state of South Carolina as of the 2010 U.S. Census. The city is home to several colleges and universities, most notably, the University of South Carolina. The University has recently won regional championships in basketball, golf, and track and field. Our study shows that the average cost of home insurance in Columbia is $1,179 per year, which is $357 less than the state average.
Nationwide offered the most affordable home insurance quote in Columbia at an annual cost of $946. State Farm, the most expensive insurer in the city, quoted our sample home an annual cost of $1,475, which is $529 greater than Nationwide’s quote. All quotes gathered in Columbia were lower than the state average.
Charleston, the second largest city in South Carolina, was founded by English colonists in the late 1600’s. Its proximity to the ocean led to its rapid expansion. The city has close ties to American history with the Civil War beginning at Fort Sumter in Charleston Harbor. Charleston boasts over four million visitors per year, which generates an economic impact of over three billion dollars. Residents of Charleston pay an average of $2,358 for their homeowners insurance annually.
The most affordable home insurance rate in the city was offered by Allstate at an annual cost of $1,382. The second most affordable rate was offered by State Farm at a cost of $2,648, which is $1,266 greater than Allstate’s quote. Based on our study, Charleston ranked as the least affordable city for home insurance in the state.
North Charleston, SC
Despite being established in the 1970’s, North Charleston is the third largest city in the state of South Carolina. North Charleston is a major economic hub for South Carolina, it leads the state in retail sales. Additionally, North Charleston has the most hotels in the area. Based on our research, the average homeowners insurance quote in the city is $2,043. Residents of North Charleston pay 33% more for their homeowners insurance than the state mean.
Only Allstate offered a quote which was less than the state average in North Charleston. Allstate offered an annual rate of $1,521, which is $14 less than the state average. North Charleston ranks as the fourth least affordable city for home insurance in the state of South Carolina.
Rock Hill, SC
Rock Hill is the fourth largest city in South Carolina. The city is located south of the Catawba River. Rock Hill is home to many major employers of York County, including the Piedmont Medical Center, Comporium, West Marine and Williams & Fudge, Inc. The average annual homeowners insurance quote in Rock Hill is $1,120 per year, which is 27% less than the state mean.
Based on our research, Rock Hill ranks as the fourth most affordable city for home insurance in the state of South Carolina. Allstate offered the most affordable quote in the city at an annual cost of $980. The next most affordable insurer in Rock Hill, Nationwide, offered a quote that was $118 greater.
Greenville is the fifth largest city in the state of South Carolina. The city is within driving distance of several national forests, including Chattahoochee National Forest and Nantahala National Forest. Beyond these attractions, the city itself is home to over 39 parks and recreation centers. The mean annual home insurance rate in Greenville is $1,053, which is $482 less than the state average.
Allstate quoted the least expensive rate in Greenville at $876 annually. Allstate’s quote is $316 less than State Farm’s quote of $1,192. Based on our study, State Farm is the least affordable insurer in the city. That said, Greenville is the most affordable city for home insurance in the state. Residents can expect to save 31% when compared to the state average.
Sumter is the sixth largest city in the state of South Carolina. The city is home to Shaw Air Force Base, which features the country’s largest combat F-16 wing. The Shaw Air Force Base is the top employer in the city of Sumter. The Sumter School District, Pilgrims Pride and the Tuomey Healthcare System are other major employers in the city. Residents of Sumter pay an average annual home insurance cost of $1,622 based on our study.
Allstate offered the lowest home insurance quote in Sumter at an annual rate of $1,589. The second most affordable insurer in the area, State Farm, offered a quote of $1,626, which is $37 greater than the quote offered by Allstate. On average, residents of Sumter pay 6% more for their home insurance when compared to the state mean.
Florence is the seventh largest city in the state of South Carolina. The city’s original limits were shaped as a circle that encompassed a one mile radius. Today, the city’s limits are over 21 square miles. Florence is conveniently located near several interstate highways, including Interstate 20 and Interstate 95. Interstate 95 serves as a major east coast transportation route, connecting Florida to Maine. Based on our research, the average home insurance rate in Florence is $1,362, which is $174 less than the state average.
Allstate offered the most affordable rates in the city of Florence. Allstate offered a quote of $1,107, which is $614 cheaper than the rate of $1,721 offered by State Farm. State Farm quoted the least affordable home insurance rate in Florence.
Spartanburg, the eighth largest city in South Carolina, is located between Atlanta and Charlotte. Like many other cities in South Carolina, Spartanburg is full of American history. The city offers places to explore that history, such as the Spartanburg Regional History Museum and the Walnut Grove Plantation. On average, residents of Spartanburg pay $281 less for their home insurance than the rest of the state.
Allstate offered the lowest quote from the insurance companies we sampled. Allstate’s quote of $1,222 was $85 cheaper than the most expensive quote, which was offered by State Farm. Spartanburg ranked as the tenth most affordable city for home insurance in the state.
Goose Creek, SC
Goose Creek is the ninth largest city in the state of South Carolina. Goose Creek is home to three high schools, which collectively have graduation rates that are approximately 9% greater than the state average. Residents of Goose Creek pay an average of $1,864 per year for home insurance.
Based on our sample, Allstate was the only insurer that offered a quote that was less than $2,000 per year. Allstate’s quote of $1,381 was $730 less than the quote of $2,111 offered by Nationwide. Residents of Goose Creek pay 21% more for their home insurance when compared to the state average.
Aiken is the tenth largest city in South Carolina. One of the city’s most notable attributes is that it was a winter destination for wealthy individuals in the the late 1800’s. Part of the reason for wealthy visitors flocking to the area was Aiken’s opportunities for equestrian sports. Aiken has an average annual home insurance cost of $1,508, which is $27 less than the state average.
State Farm quoted the cheapest home insurance rate in the area at $1,350. Allstate offered the most expensive home insurance quote at $1,653, which is $303 greater than the quote offered by State Farm. Aiken ranks near the middle for cities with the most affordable home insurance rates in the state.
Least Expensive Homeowners Insurance in South Carolina: by City
The graph below shows the five best cities for home insurance of all 44 cities which were part of our rankings. The cities are listed in order of mean price starting with the lowest average home insurance quote and ascending. Greenville is the cheapest city in South Carolina for homeowners insurance based on our study. On average, residents pay $1,053 annually, which is $482 lower than the state average.
According to our research, Greenville is the most affordable city in South Carolina for homeowners insurance. On average, residents pay 31% less for their home insurance policy when compared to the state mean. All quotes gathered in Greenville were less than the state mean.
Greer offers the second most affordable homeowners insurance rates in the state of South Carolina. The mean home insurance quote in the city was $1,114, which is 27% cheaper than the state average. The most affordable quote in Greer was offered by Allstate at $939 per year.
Williamston ranks as the third least expensive city in South Carolina for home insurance. The average quote gathered for the city of Williamston was $1,118, which is $417 less than the state mean. On a percentage basis, this represents a 27% discount.
Rock Hill, SC
Rock Hill offers the fourth most affordable home insurance rates in the state of South Carolina. Residents pay on average $1,120 per year, which is $416 less than the state average. The lowest rate in the city was offered by Allstate at $980.
Columbia ranked as the fifth least expensive city in South Carolina for home insurance. On average, residents pay $1,179 for home insurance, which represents a 23% lower rate when compared to the state mean. On an annual basis, residents save $357 on homeowners insurance versus the state average.
Most Expensive Homeowners Insurance in South Carolina: by City
The graph below shows the five most expensive places of all 44 cities which were part of our study. The cities are listed in order of price starting with the highest average rate and descending. The figures listed represent the average home insurance rate in each city based on our study. The most expensive city for homeowners insurance was Charleston where our research found an average annual rate of $2,358, which is $822 greater than the state average.
We studied 44 cities, spread out geographically across the state of South Carolina. The sample home we looked at featured a masonry veneer exterior and was ten years old. Rates were collected using a $200,000 coverage level for a resident with average credit and no claims in the past five years. The annual home insurance rates in our study were for a policy which includes wind and hail coverage.
|Rank||City||Average Insurance Rate||Cost Compared to Average|