Average homeowners insurance cost in North Charleston, South Carolina

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Our data shows that the average cost of homeowners insurance in North Charleston is $3,838 per year (for the coverage level of $300,000 for dwelling, $100,000 for liability protection and $1,000 deductible). It’s $1,334 more than the national average of $2,504 .

Homeowners insurance rates differ significantly from one home to another. Home insurance rates in North Charleston depend on several factors, including:

The size of your home
The age of your home
The amount of coverage you need
Where you live
Your credit score

To make sure you are getting the best deal on home insurance, it is important to get quotes from multiple insurers to find the right coverage for your needs. Read this guide for more info on how much homeowners insurance costs per month in North Charleston, home insurance costs for different dwelling coverage, and which companies offer cheap home insurance in North Charleston.

Key Takeaways

Homeowners insurance costs $3,838 per year in North Charleston.
At $2,403 per year, State Farm offers the cheapest homeowners insurance in North Charleston.
Your home insurance rates increase by $942 more annually if you increase your dwelling coverage from $200,000 to $300,000.

Average homeowners insurance cost per month

Residents of North Charleston pay an average of $320 per month for homeowners insurance. This is $98 more than the state average of $222 and $111 more than the national average for home insurance across the United States. The cost of your homeowners insurance policy in North Charleston can vary depending on your location, property value, and selected coverage options.

Average homeowners insurance cost for a $200,000 house

In North Charleston, SC, homeowners pay an average of $2,896 annually for a $200,000 house. The amount you pay for home insurance each year depends on factors such as natural disasters or events within your locality.

Some regions are more at risk for natural disasters, like floods, hurricanes, or tornadoes, implying higher rebuilding rates in these areas, resulting in costlier insurance premiums. It’s essential to note that your insurance policy might not cover damages caused by floods or hurricanes. If you reside in an area prone to flooding, consider buying flood insurance.

Average homeowners insurance cost for a $300,000 house

North Charleston residents pay an average of $3,838 per year to insure a home for coverage limits of $300,000 dwelling, $100,000 liability with a $1,000 deductible. To increase your dwelling coverage from $200,000 to $300,000, you’ll pay an additional $942 per year.

The smartest approach is to carry enough insurance to cover the full cost of rebuilding your home.

Average homeowners insurance cost in North Charleston by company

Among the carriers we analyzed, State Farm is the cheapest homeowners insurance company in North Charleston. Its average annual rate for North Charleston homeowners is $2,403 , while Allstate ranks second.

Before picking a homeowners insurance policy, it’s a good idea to do a little homework on the company. To make it easier, our experts reviewed all the top insurers in North Charleston and put together a list of the most affordable options. Below, you’ll find the average annual premiums for each provider in the area.

Home Insurance Company	Annual rate
State Farm	$2,403
Allstate	$2,476
Progressive	$3,001
South Carolina Farm Bureau Mutual	$4,369
Farmers	$4,991
Travelers	$9,419
Auto-Owners	$2,769
USAA*	$2,986

*USAA is only available to military community members and their families.

Bundling your home insurance with other policies, such as auto insurance, can result in substantial savings. Many insurers offer discounts to policyholders who combine multiple policies. It will help you lower your premiums and simplify policy management.

Natural disasters in South Carolina that can impact your home insurance

Natural disasters are a part of life in South Carolina, often leading to expensive insurance claims. That’s why it’s so important to understand which disasters are most likely in your area before choosing a home insurance policy.

When you’re aware of the specific risks in your region, you can tailor your coverage to match – whether that means increasing your policy limits, choosing a deductible you’re comfortable with, or adding extra protection for uncovered events. Taking these steps now can help you avoid being underinsured and give you more financial security if a natural disaster hits your area.

South Carolina is commonly affected by Hurricane and Ice storm.

How home insurance protects you against natural disasters

Home insurance can provide valuable protection against the financial impact of natural disasters. Standard home insurance policies typically cover damages from fire, windstorms, hail and lightning. However, events such as floods, earthquakes or landslides are excluded and require purchasing additional policies or endorsements. For example, flood insurance must be purchased separately, as it is not typically covered by a standard home insurance policy.

Home insurance pays for home repairs, replacement belongings and temporary living expenses if your dwelling becomes uninhabitable due to damage. The protection offered by home insurance can significantly reduce the financial impact of natural disasters.

Check for coverage gaps before it’s too late

Many homeowners find out too late that their insurance doesn’t cover certain natural disasters. Be proactive – review your policy, ask your insurer about disaster-specific exclusions, and explore additional protection if you’re in a high-risk zone.

Methodology

Insure.com, with the help of Quadrant Information Services, gathered data for homeowners insurance rates in North Charleston for $300,000 dwelling coverage and $100,000 liability coverage with a $1,000 deductible. The data presented are those with a good credit tier alignment.

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Shivani Gite

Contributing Writer

Shivani Gite is a personal finance and insurance writer with a degree in journalism and mass communication. She is passionate about making insurance topics easy to understand for people and helping them make better financial decisions.