South Carolina homeowner's insurance protects you and your property from damages caused by certain risks, such as theft, fire, weather disasters and hurricanes. Prior to purchasing home insurance, it is important to know the exclusions and inclusions.
Obtaining a homeowners insurance rate quote is an essential step in the homeownership process. Comparing rates, coverages and discount offers can be achieved by obtaining quotes from several insurance companies. You may also be eligible for a discounted rate if you combine your policy with that of another insurer or if there are security measures installed.
Allstate is the company that offers the cheapest rates for South Carolina home insurance. Allstate's average annual rate is $990. This company offers a $1500 deductible on its policies to further reduce costs.
If you live near a flood-prone area, adding flood coverage to your existing home insurance may be advisable. Most home insurance policies include this coverage. However, it is a good idea for you to consult your agent about the amount of protection that will be provided against weather-related events and flooding.
Most of these policies cover the costs of rebuilding your home and replacing your belongings in the event of a disaster, but you might want to increase your coverage amount if you have expensive items or an extensive collection of memorabilia. Some homeowners' insurance companies provide a special coverage that pays for additional living costs, like restaurant meals and laundry service if your home is destroyed.
Selecting the best-rated insurance for your home in South Carolina is an important choice. A good company will offer a variety of options, and provide excellent customer service. Best companies have a good financial record and pay claims quickly and accurately.
Bankrate editors' expert analysis of a wide range of factors was used to determine the top homeowners insurance providers in South Carolina. These include average home premiums provided by Quadrant Information Services; coverage options; customer service ratings; and industry scores based on third-party sources.
In addition to the price, you should also be able get the right amount and ease of filing a claim. This is true, especially when you need to file a claim because of something that's not covered by your homeowners insurance.