South Carolina Home Insurance Calculator: Free Cost Estimator (2023)

Your South Carolina homeowners insurance costs may be influenced by where you live. Policyholders living in an area with a higher risk of natural disasters, fires or theft tend to have a more expensive premium than those who live in a neighborhood with fewer potential risks.

Dwelling coverage pays for your home’s replacement/repair cost. In South Carolina, the baseline dwelling coverage is $250,000. However, you may get more or less coverage depending on your home.

Keep in mind that your home’s age, shape, size and other features all factor into its total replacement value. Your insurer or a professional home appraiser can help you determine how much dwelling coverage you need.

A home insurance deductible is the amount you’re responsible for covering before your insurance provider pays a claim.

For example, your deductible is $1,000 and you have an insurance claim of $10,000. You have to pay $1,000 before your insurer covers the rest.

When choosing a deductible, a higher amount can lower the cost of your premium.

If someone sustains an injury in your home or their property gets destroyed due to your negligence, your liability coverage will shoulder the cost of those damages. It covers legal, replacement, medical, pain and suffering and death benefits expenses.

It’s crucial to have enough liability coverage to protect your assets.

Everything you keep in your home, from your clothing to your furniture, is protected under personal property coverage. It typically covers the cost of replacing your items if they are damaged or stolen.

Below, MoneyGeek’s personal property calculator can help you estimate how much personal property coverage you need.

Insurance companies consider your credit history when calculating your home insurance premium. They tend to charge a higher premium to homeowners with poor credit because they may fail to pay their bill on time or have more claims.