Home Insurance and Car Insurance in South Carolina

This example helps explain the difference between these policy types: a home valued at $250,000 is destroyed and the cost to rebuild is $275,000. With an actual cash value policy, the insurance company will pay $250,000 but you will be responsible for the remaining $25,000. A full replacement cost policy will pay the full $275,000.

Homeowners Insurance Coverage Options in

While the actual coverages provided by a home insurance policy will vary between companies and sometimes even between states, most policies can be expected to offer the following types of home insurance coverage:

• Dwelling coverage is a standard policy that covers the actual physical structure of your home. If you have an attached garage or other structure, this will be covered as well.
• Personal property coverage works to cover your household belongings. If it’s inside or outside your home, it is covered.
• Personal liability coverage protects you in the event that someone is injured on your property and you’re found at fault. It also covers damage to another person’s property.
• Guest medical protection coverage exists to cover people who are injured on your property, regardless of who may be at fault.

Common Causes of Loss in

South Carolina’s position along the East Coast puts it at increased risk of damage due to tropical storms and other forms of severe weather. Tropical storms and hurricanes can hit the state and cause wind and water damage due to flooding. They’re not the only common causes of loss in the state, however:

• Wildfires are common, especially during late winter and early spring.
• Tornadoes can hit South Carolina hard, and when they do they bring high winds, rain or hail that can cause serious property damage.
• Theft is another common reason for filing a home insurance claim.
• Earthquakes are surprisingly frequent in the state of South Carolina, with 10 to 15 being recorded each year. Only a few of them are strong enough to be felt in homes, but the state is at high risk for seismic activity.

Additional Coverage Options Recommended for Homeowners

Because of some of the elevated risk factors listed above, it may make sense for South Carolina homeowners to purchase additional coverage to protect their property. Depending on what part of the state you call home, you might consider buying one or more of the following types of insurance coverage:

• Flood insurance is not included on any standard home insurance policy, which means it must be purchased either separately through the National Flood Insurance Program (NFIP) or as an endorsement on your homeowners policy. Check with your insurer to see if it is offered.
• Water backup coverage can help pay for damage caused by backed up drains or sewer lines. Because South Carolina sees frequent heavy rainstorms, your sump pump may fail to keep up. Protect your home’s crawl spaces, basements or other below-ground areas with this insurance.
• Earthquake coverage can help pay for damages related to earthquakes, which are more common than one might expect. Severe damage is very rare, but high-risk homeowners may want to purchase this coverage just the same.

Our Home Insurance Partners in

SelectQuote works with highly-rated and trusted** home and auto insurance companies in South Carolina and other states to provide unbiased quotes to our customers. We can help you narrow down your home insurance choices with competitive rates that match your coverage needs.

What is the average home insurance cost in ?

The average home insurance rate paid by SelectQuote customers in South Carolina is $107.73.*** Your rate will vary based on several factors, including but not limited to:

• Your policy limits
• Any endorsements
• Your deductible
• Your credit rating
• The age and condition of your home
• Number of previously filed claims

Homeowners Insurance Discounts in

If you’re worried about the cost of your South Carolina home insurance coverage, you’re not alone. Thankfully, insurance companies in South Carolina offer plenty of discount opportunities. From reduced rates for customer loyalty to lowering your deductible, many insurance companies offer discounts like:

• Installing a home security system
• Updating your roof
• Buying or building a new home
• Bundling your home and auto coverage under one policy

Auto Insurance Laws and Requirements

The following types of auto insurance coverage are available in South Carolina. Some drivers will be required to purchase only liability coverage, while others may need to buy additional types of auto insurance based on lender requirements.

• Liability insurance pays for damages caused by you if the accident is your fault. It will also pay for medical bills incurred by the other driver or their passengers. South Carolina requires drivers to have $25,000 of coverage for injuries per person, up to $50,000 per accident. It also requires $25,000 of coverage for property damage. This coverage, known as 25/50/25 coverage, is the bare legal minimum for drivers in South Carolina, but you can purchase more if you want to.
• Uninsured/underinsured motorist coverage pays for medical expenses when the other driver is at fault and doesn’t have sufficient insurance coverage. South Carolina requires all drivers to carry uninsured motorist coverage in the same amounts as liability coverage. All insurers must offer underinsured motorist coverage, but you aren’t required to buy it.
• Personal injury protection insurance can help pay for medical expenses or funeral expenses for you or your passengers.
• Collision coverage helps cover expenses for repairs or replacement for your vehicle if it is damaged in an accident.
• Comprehensive coverage can help pay for repairs or replacement for vehicles that are stolen or damaged by storms, vandalism or animals.
• Gap insurance helps cover the difference between what your car is valued at versus how much you owe on the loan.

Teen Driving Laws

South Carolina offers a graduated driver’s licensing program for drivers who are 15 to 17 that allows them to practice driving, albeit with restricted nighttime and unsupervised driving. Requirements vary based on age, but typically include a driver’s education course (including both a written and driving test) and practiced supervised driving.

All teens are required to carry auto insurance, either on their own or via their parents’ or guardians’ policy. It’s often cheaper for parents or guardians to add teen drivers to their policy.

Car Registration Information

To register a new vehicle in South Carolina (either as a new resident or a new car owner), you’ll need to do so within 45 days and provide:

• Title application
• Title and registration fees
• Proof of SC driver’s license
• Proof of auto insurance

What is the average car insurance cost in ?

Our Auto Insurance Partners in

SelectQuote partners with leading auto insurance companies to provide you access to detailed, competitive quotes for your car insurance coverage. Our technology allows us to shop several highly-rated** carriers at once in just minutes, and find auto insurance quotes that are tailored for you. Whether you need minimum legal coverage or a full coverage plan that offers near-total protection, we can help you compare rates and find the best coverage to suit your needs.