HomepageInsuranceHomeownersThe Best Homeowners Insurance in South Carolina
Last updated on Oct 07, 2020

The Best Homeowners Insurance in South Carolina

Fact-checked with HomeInsurance.com ​

Find the Best Home Insurance

Please enter a valid zip code

Click at least 2-3 companies to find the very best rate.

    Advertiser Disclosure:
    We recommend products and services based on unbiased research from our editorial team. We make money via affiliate links, which means if you click a link on our site, we may earn a commission. Any commissions we receive do not affect our recommendations; if you want to know more about how that works, read more.

    Residents of the Palmetto State have a lot to deal with when it comes to protecting their home — enduring from hurricanes to pests to crime. Thankfully, there are several high-quality homeowners insurance companies servicing the state.

    Some of our favorites include Allstate, Auto-Owners, Cincinnati Insurance, USAA, and State Farm. These companies have been selected by a thorough process looking at factors like discounts, premium costs, coverage, company reputation, and more.

    The 5 Best Homeowners Insurance Companies in South Carolina

    • Allstate
    • Auto-Owners
    • Cincinnati Insurance
    • USAA
    • State Farm

    Compare South Carolina’s top insurance companies

      Average Price AM Best FinancialJ.D. Power
    Allstate $               419 A+829
    Auto-Owners $           1,173 A++843
    Cincinnati Insurance $           1,913 A+NA
    USAA $               777 A++889
    State Farm $           1,628 A++829

    *J.D. Power 2020 U.S. Home Insurance Study, based on a 1,000-point scale

    Best South Carolina Homeowners Insurance Companies

    Allstate

    Allstate’s strength is in the diversity of its offerings and discounts, which allow you to pick and choose the coverage that works best for your circumstances. It has a great website with tons of useful information.

    Allstate

    Best Discount Options

    Why we chose it

    Allstate offers the lowest South Carolina average annual premium on our list, making it an affordable option for homeowners. However, it’s important to remember that rates vary depending on your situation and needs.
    • 4 Reviews Score
    • A+ AM Best Rate AM Best rates car insurance provider’s creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 829* J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • A+ BBB Rating The BBB rates companies based on trustworthiness and performance. The company uses a variety of factors, including how the company handles customer complaints.

    Why we chose it

    Allstate offers the lowest South Carolina average annual premium on our list, making it an affordable option for homeowners. However, it’s important to remember that rates vary depending on your situation and needs.

    Pros

    • Diverse discounts opportunities
    • Informative website and digital tools
    • Above-average customer service
    • Convenient mobile app

    Cons

    • High complaint ration on NAIC complaint index
    • Financial strength ratings good, but not great
    • Some standard coverage isn’t included
    Read More

    Discounts available

    • Early signing discount
    • Home buyer discount
    • Hail-resistant roof discount

    Unique features

    Allstate also has a mobile app for its customers’ convenience. You can use it to get quotes, access resources, and more. The company’s coverage isn’t as comprehensive as what other homeowners insurance companies offer. For example, you’ll need to purchase extended coverage for items like jewelry.

    *J.D. Power 2020 U.S. Home Insurance Study, based on a 1,000-point scale

    Further Reading on Allstate:

    Auto-Owners Insurance

    If you prefer doing your insurance business in person or by phone rather than digitally, Auto-Owners could be a good fit for you. Auto-Owners doesn’t have an online quote tool, nor can you report a claim online.

    Auto-Owners

    Best Claims Satisfaction

    Why we chose it

    Auto-Owners Insurance is about average when it comes to costs in South Carolina, but it offers many ways for its customers to save. The carrier has multiple discounts to take advantage of, including a green discount and a protective devices discount.
    • 4 Reviews Score
    • A++ AM Best Rate AM Best rates car insurance provider’s creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 843* J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • A+ BBB Rating The BBB rates companies based on trustworthiness and performance. The company uses a variety of factors, including how the company handles customer complaints.

    Why we chose it

    Auto-Owners Insurance is about average when it comes to costs in South Carolina, but it offers many ways for its customers to save. The carrier has multiple discounts to take advantage of, including a green discount and a protective devices discount.

    Pros

    • Excellent customer service
    • Financially solid
    • High claims satisfaction
    • Several possible discounts and unique add-ons

    Cons

    • Poor digital experience
    • Few online capabilities
    • Not rated by all credit agencies
    Read More

    Discounts available

    • Multi-policy discount
    • Green discount
    • Paid-in-full discount

    Unique features

    Auto-Owners offers some unique coverage options with Homeowners Plus. This can include damage from appliance leaks and coverage for food spoilage during a power outage.

    *J.D. Power 2020 U.S. Home Insurance Study, based on a 1,000-point scale

    Further Reading on Auto-Owners:

    Cincinnati Insurance Co. 

    Cincinnati Insurance is a writer of business and individual policies based in Ohio, though it has a strong presence in Georgia. It positions itself toward high-net-worth individuals, but it sells policies for homes of any value.

    Cincinnati Insurance

    Best for High-Value Homes

    Why we chose it

    Cincinnati Insurance Company has a strong financial rating backing it up, which is essential for customers. You want to be sure that your insurance company can handle claims of any size, making a strong financial rating vital.
    • 4.3 Reviews Score
    • A+ AM Best Rate AM Best rates car insurance provider’s creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • N/A J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • N/R BBB Rating The BBB rates companies based on trustworthiness and performance. The company uses a variety of factors, including how the company handles customer complaints.

    Why we chose it

    Cincinnati Insurance Company has a strong financial rating backing it up, which is essential for customers. You want to be sure that your insurance company can handle claims of any size, making a strong financial rating vital.

    Pros

    • Good for high-value homes
    • Homeowners Plus endorsement
    • Good customer service
    • Option for flexible increased coverage

    Cons

    • Expensive coverage
    • No online quotes or claims
    Read More

    Discounts available

    • Bundle discounts
    • Good claim history discounts
    • Home alarm discount

    Unique features

    The Executive Homeowner Plus endorsement offers uncommon coverage, including personal property replacement without a deduction for depreciation.

    USAA

    USAA appears at the top of rating lists for its excellent customer service, comprehensive policies and fair prices. The only catch is that you must be a current or former member of the military community to purchase a policy — but if you are, the company should be your first stop.

    USAA

    Best for Military Members

    Why we chose it

    USAA has one of the highest overall customer satisfaction ratings from J.D. Power. It also has some of the most affordable rates in South Carolina, with several possible discounts to deepen your savings, such as discounts for bundling and for zero claims.
    • 4 Reviews Score
    • A++ AM Best Rate AM Best rates car insurance provider’s creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 889* J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • A- BBB Rating The BBB rates companies based on trustworthiness and performance. The company uses a variety of factors, including how the company handles customer complaints.

    Why we chose it

    USAA has one of the highest overall customer satisfaction ratings from J.D. Power. It also has some of the most affordable rates in South Carolina, with several possible discounts to deepen your savings, such as discounts for bundling and for zero claims.

    Pros

    • Outstanding customer service
    • Policies tailored to military family needs
    • Strong financial rating
    • Option for flexible increased coverage

    Cons

    • Only available to current and former military members and their families
    • Limited discounts
    Read More

    Discounts available

    • Save 10% if you bundle with auto
    • Claims-free 10% discount
    • Home security system discount

    Unique features

    USAA’s policies are written with service men and women in mind. This means they have details that anyone in the military can appreciate, such as full coverage for uniforms for active duty or deployed members.

    *J.D. Power 2020 U.S. Home Insurance Study, based on a 1,000-point scale

    Further Reading on USAA:

    State Farm

    State Farm offers above-average customer support along with competitive pricing and solid coverage options. For those new to home ownership, its Simple Insights blog can tell you everything you need to know about home ownership in general.

    State Farm

    Best for Fast Claim Payments

    Why we chose it

    State Farm is a well-known insurance company with a long history and a good reputation. It has a superior financial rating and a strong customer satisfaction rating from the 2020 J.D. Power Home Insurance Study.
    • 3.75 Reviews Score
    • A++ AM Best Rate AM Best rates car insurance provider’s creditworthiness. Ratings are based on the provider’s ability to follow through with a payout when a consumer files a claim.
    • 829* J.D. Power J.D. Power scores are based on surveys for customer satisfaction and product quality.
    • A+ BBB Rating The BBB rates companies based on trustworthiness and performance. The company uses a variety of factors, including how the company handles customer complaints.

    Why we chose it

    State Farm is a well-known insurance company with a long history and a good reputation. It has a superior financial rating and a strong customer satisfaction rating from the 2020 J.D. Power Home Insurance Study.

    Pros

    • Financially strong
    • Excellent web presence
    • 19,000+ agents nationally
    • Informative blog

    Cons

    • Limited discounts
    • Higher premiums
    Read More

    Discounts available

    • Multiple policy discount
    • Fire, smoke, or burglar alarms discount
    • Impact-resistant roof discount

    Unique features

    State Farm’s comprehensive website makes it easy to get a detailed quote in minutes. You can also pay your bill, file and manage a claim, and handle most maintenance tasks either online or via the company’s app.

    *J.D. Power 2019 Home Insurance Customer Satisfaction Survey, based on a 1,000-point scale

    Further Reading on State Farm:

    Average Cost of Homeowners Insurance in South Carolina

    According to the NAIC, the average cost of homeowners insurance in South Carolina is $1,285, which is slightly more than the national average of $1,173. Your insurance costs depend on many factors, such as the proximity of your home to flood plains or coastal areas. Insurers also evaluate standard elements such as home size and age, crime rates, your credit rating, and more.

    Home Insurance Add-Ons That Will Further Protect You

    In South Carolina, it’s important to add flood coverage to your policy. Flooding can be caused by many things, from a spring thaw to a hurricane. South Carolina is vulnerable to flooding, so protecting your home and belongings is a must. You should also consider windstorm or hurricane coverage. South Carolina has a long history of hurricanes and tornadoes. It’s imperative to protect yourself from risk of loss as well as the danger they present.

    The Cheapest Homeowner Insurance Companies in South Carolina

    Largest Companies by Market Share in South CarolinaAverage Annual Premium 
    Lighthouse Property Insurance$372 
    Allstate$419 
    First Community Insurance$726 
    USAA$777 
    Homeowners of America$908 
    Auto-Owners Insurance$1,173 
    Progressive$1,331 
    Universal North America$1,530 
    State Farm$1,628 
    Encompass$1,741 
    Cincinnati Insurance $1,913 
    South Carolina Farm Bureau $2,844 

    Cost of Homeowners Insurance by Age of Home

    Age of Home (years)Sample Annual Premium 
    5$1,279 
    20$1,755 
    35$1,846 
    50$1,851 
    Average Across Ages$1,683 

    Top 3 Cheapest Homeowners Insurance Companies in South Carolina

    • Lighthouse Property Insurance Corporation – $372
    • Allstate – $419
    • First Community Insurance Company – $726

    Top 3 Most Expensive Homeowners Insurance Companies in South Carolina

    • South Carolina Farm Bureau Mutual Insurance Company – $2,844
    • Cincinnati Insurance Company – $1,913
    • Encompass – $1,741

    Helpful Resources for South Carolina Homeowners

    The South Carolina Department of Insurance provides insurance advice in easily digestible articles and more thorough brochures. While there, you can also look into the South Carolina Safe Home Mitigation Grant Program. If your home is on coastal property, these funds can help you with weatherproofing your home. The next/most recent grant cycle is the summer of 2020. You can sign up on the website to be notified when applications are open.

    The U.S. Department of Housing and Urban Development website also has a variety of resources for South Carolina homeowners. It can walk you through every step, whether you’re just getting started or already maintaining a homestead.

    Homeowners Insurance FAQ

    Is homeowners insurance required in South Carolina?

    The state doesn’t require that you have homeowners insurance but if you have a mortgage, your lender may require you to purchase it. Even without a mortgage, you should still consider homeowners insurance to protect your belongings.

    What is the cheapest homeowners insurance in South Carolina?

    Your policy price varies based on factors like the size and location of your house, your credit score, and your assets. Based on the average annual premiums we examined, Lighthouse Property Insurance Corporation offers the cheapest homeowners insurance in South Carolina.

    Methodology

    We evaluated the companies based on their customer rating and experience, financial stability, and coverage to determine the best providers. To compare home insurance companies across the board, we then calculated a Reviews.com score based on the following:

    • Customer Ratings — Customer ratings are an indication of satisfaction with the process of filing a claim. We measured this using J.D. Power Homeowners Satisfaction ratings.
    • Coverage — As there isn’t one company to fit everyone’s needs, we evaluated companies by the amount of coverage options and add-ons available. 
    • Confidence — It is extremely important for insurance companies to fulfill customers’ claims. Companies with sound financial strength will not have issues paying out claims, regardless of the amount. However, companies with weak financial strength might not be able to pay out claims. We measured this using AM Best’s ratings, which specializes in assessing the financial strength of insurance companies.
    • Customer Experience — The amount of complaints a company receives is an indicator of the overall customer experience as it expresses dissatisfaction. We have based this measure on the NAIC National Complaint Index.

    About the Authors

    Lorraine Roberte

    Lorraine Roberte Contributing Writer

    Lorraine Roberte is a South Florida-based personal finance writer. Her work has been published on sites such as Thrive Global, Elephant Journal, Red Tricycle and Tweak Your Biz.

    Table Of Contents