Updated: October 23, 2026
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Chubb is the cheapest home insurance company in South Carolina at $2,047 per year, 34% below the state average.
Chubb, State Farm, USAA, Allstate and Foremost cost 12% to 34% less than the $3,100 state average.
State Farm is the cheapest option for newer homes ($1,467 per year) and in Charleston ($2,299 per year), where premiums run higher on average.
Chubb is the cheapest home insurance company in South Carolina at $171 per month ($2,047 per year), 34% below the $3,100 state average. State Farm is second at $172 per month ($2,064 per year) and sells policies statewide.
The five cheapest insurers save homeowners $374 to $1,053 per year compared with the state average. USAA ranks third at $204 per month, but its policies are only available to current and former military members and their families.
$171 | $2,047 | -34% | |
$172 | $2,064 | -33% | |
$204 | $2,448 | -21% | |
$205 | $2,455 | -21% | |
Foremost | $227 | $2,727 | -12% |
*Rates are from Quadrant Information Services for homeowners ages 41 to 60 with good credit and no claims history. Quotes cover a home built in 2000 with $250,000 in dwelling coverage, $125,000 in personal property coverage and $200,000 in liability coverage, and a $1,000 deductible.
Chubb is the cheapest insurer in six of the seven categories we analyzed, including seniors at $2,040 per year and young homeowners at $2,050. State Farm is cheapest for newer homes at $1,467 per year, $597 below its $2,064 statewide average. Newer homes are those built in 2020 or later.
Chubb’s category rates range from $2,040 for seniors to $2,372 for larger homes, a $332 spread.
| Older Homes | Chubb | $2,063 |
| Newer Homes | State Farm | $1,467 |
| Young Homeowners | Chubb | $2,050 |
| Senior Homeowners | Chubb | $2,040 |
| High-Risk Fire Homes | Chubb | $2,294 |
| Smaller Homes | Chubb | $2,127 |
| Larger Homes | Chubb | $2,372 |
The cheapest insurer isn’t always the best fit. Customer service and claims handling vary by company, so compare how South Carolina’s top-rated home insurers score on both before you buy.
Chubb has the lowest rates in Leesville ($1,165 per year) and Florence ($1,211), the two cheapest cities listed. State Farm is cheapest in Charleston at $2,299 per year, the highest rate in the table.
Charleston’s rate is nearly double Leesville’s, a $1,134 gap. State Farm is also cheapest in Myrtle Beach at $2,928 per year.
| Charleston | State Farm | $2,299 |
| Columbia | Chubb | $1,230 |
| Florence | Chubb | $1,211 |
| Ladson | Chubb | $1,871 |
| Laurens | Chubb | $1,314 |
| Leesville | Chubb | $1,165 |
| Myrtle Beach | State Farm | $2,928 |
| North Charleston | State Farm | $2,275 |
| Sumter | Chubb | $1,224 |
Chubb delivers the lowest premiums at $724 annually for $100,000 dwelling, $50,000 personal property and $100,000 liability protection. State Farm provides the most affordable rates for mid-range and high-value homes, as well as the cheapest option at a premium $1 million dwelling, $500,000 personal property and $1 million liability levels.
| Chubb | $60 | $724 |
| Foremost Insurance | $87 | $1,044 |
| State Farm | $92 | $1,099 |
| Allstate | $108 | $1,291 |
| USAA | $116 | $1,394 |
South Carolina homeowners can cut their insurance costs by hundreds of dollars annually through discounts, higher deductibles and smart home improvements.
Combine your home and auto insurance with the same company to save 10% to 25% on both policies. State Farm, Allstate and Progressive offer bundle discounts to South Carolina homeowners.
Raise your deductible to lower your annual premium, though you'll pay more out of pocket when filing a claim. Choose a deductible amount you can afford if you need to file a claim.
South Carolina allows insurers to use credit-based insurance scores when setting rates. Improving your credit score can save you hundreds of dollars annually on your home insurance premium.
Filing multiple claims within three years triggers rate increases. Use homeowners insurance for major losses rather than small repairs you can afford.
Contact your insurer to find all discounts you qualify for beyond bundling. Review your policy annually to add new discounts as your situation changes.
Frequently asked questions about the cheapest home insurance in South Carolina:
Standard homeowners insurance in South Carolina covers tornado damage to your dwelling and personal property. Flood damage from tornadoes requires separate flood insurance, as it's excluded from regular policies.
Flood insurance isn't required statewide in South Carolina, but your mortgage lender will require it if your property sits in a FEMA high-risk flood zone. Even if not required, consider getting flood coverage since standard homeowners insurance doesn't cover flood damage.
Replacement cost coverage pays the full amount to rebuild or replace your damaged property without subtracting for wear and tear. Actual cash value coverage deducts depreciation, giving you less money. Most South Carolina lenders require replacement cost coverage to protect their investment.
You can cancel your South Carolina home insurance policy anytime without paying cancellation fees, and you'll get a prorated refund for unused premium. Your mortgage lender requires continuous coverage, so avoid gaps that could trigger forced insurance or penalties.
Our rate analysis reflects what most South Carolina homeowners need: standard coverage for a typical single-family home built within the past 25 years.
We collected quotes from major insurers using a consistent homeowner profile across South Carolina. This approach shows how each company prices the same coverage by removing variables that make direct comparisons difficult. The base profile represents the most common home insurance scenario in South Carolina.
Standard Coverage Profile:
For specialty scenarios like older homes, high-value properties and rural locations, we adjusted variables from this base profile while keeping other factors constant. This shows how specific characteristics affect your rate compared to the standard homeowner.
These figures are estimates based on statewide averages. Your actual premium depends on your home's location, age, construction type and your claims history. Compare quotes from at least three insurers to find your lowest rate.
Mark Fitzpatrick is a licensed Property and Casualty (P&C) Insurance Producer and MoneyGeek's resident expert in insurance and economics. In nearly a decade covering the insurance market at LendingTree and MoneyGeek, he's analyzed hundreds of carriers and millions of rates across auto, home, renters, health and life insurance.
His work has appeared in The Washington Post, The New York Times and NPR. He draws on independent cost and consumer experience data, and no insurance company partnerships affect his recommendations.
Mark studied at Boston College and later earned a master's in economics and international relations from Johns Hopkins University. He worked in financial risk management at State Street before joining MoneyGeek. He's also a five-time “Jeopardy!” champion.
