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Best homeowners insurance in South Carolina for 2022

June Sham is an insurance writer for Bankrate. Before joining the team, she worked for nearly three years as a licensed producer writing auto, property, umbrella and earthquake policies. Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand. Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance. Updated Nov 07, 2022

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Founded in 1976, Bankrate has a long track record of helping people make smart financial choices. We've maintained this reputation for over four decades by demystifying the financial decision-making process and giving people confidence in which actions to take next. Bankrate follows a strict , so you can trust that we're putting your interests first. All of our content is authored by and edited by , who ensure everything we publish is objective, accurate and trustworthy. Our insurance team is composed of agents, data analysts, and customers like you. They focus on the points consumers care about most - price, customer service, policy features and savings opportunities - so you can feel confident about which provider is right for you. We guide you throughout your search and help you understand your coverage options. We provide up-to-date, reliable market information to help you make confident decisions. We reduce industry jargon so you get the clearest form of information possible. All providers discussed on our site are vetted based on the value they provide. And we constantly review our criteria to ensure we're putting accuracy first.

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South Carolina homeowners pay an average of $1,165 per year - or about $97 per month - for a home insurance policy with $250,000 in dwelling coverage. That's quite a bit less than the national average of $1,383 for the same coverage, but then again, price isn't everything. Bankrate's analysis of the South Carolina homeowners insurance market looked at several factors in addition to average premium. Our research could help you find the best homeowners insurance in South Carolina for your unique circumstances. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage

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Return to form Key takeaways Some of the best South Carolina homeowners insurance companies include State Farm, Auto-Owners and Allstate. South Carolina has the lowest average home insurance rates compared to neighboring states. Common causes of loss in South Carolina include tropical cyclones, severe weather and flooding. South Carolina homeowners pay an average of $1,165 per year - or about $97 per month - for a home insurance policy with $250,000 in dwelling coverage. That's quite a bit less than the national average of $1,383 for the same coverage, but then again, price isn't everything. Bankrate's analysis of the South Carolina homeowners insurance market looked at several factors in addition to average premium. Our research could help you find the best homeowners insurance in South Carolina for your unique circumstances. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage

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Return to form Key takeaways Some of the best South Carolina homeowners insurance companies include State Farm, Auto-Owners and Allstate. South Carolina has the lowest average home insurance rates compared to neighboring states. Common causes of loss in South Carolina include tropical cyclones, severe weather and flooding. South Carolina homeowners pay an average of $1,165 per year - or about $97 per month - for a home insurance policy with $250,000 in dwelling coverage. That's quite a bit less than the national average of $1,383 for the same coverage, but then again, price isn't everything. Bankrate's analysis of the South Carolina homeowners insurance market looked at several factors in addition to average premium. Our research could help you find the best homeowners insurance in South Carolina for your unique circumstances. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage

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Return to form Key takeaways Some of the best South Carolina homeowners insurance companies include State Farm, Auto-Owners and Allstate. South Carolina has the lowest average home insurance rates compared to neighboring states. Common causes of loss in South Carolina include tropical cyclones, severe weather and flooding. Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close X Compare rates and save on home insurance today! Get quotes Close X

How Bankrate chose the best home insurance companies in South Carolina

Bankrate's insurance experts chose the in South Carolina by using a series of key metrics. These included reviewing average home insurance premiums from Quadrant Information Services, as well as coverage options, discounts and mobile accessibility. We also considered third-party industry rankings for customer service and financial strength. From there, the performance of home insurance companies in each of these categories was summed up in a Bankrate Score, which could help you get a full picture of a company and compare it with other carriers. The better a company did in each of these separate metrics, the higher its overall Bankrate Score for a maximum score of 5 out of 5.

Bankrate utilizes Quadrant Information Services to analyze 2022 rates for all ZIP codes and carriers in all 50 states and Washington, D.C. Rates are weighted based on the population density in each geographic region. Quoted rates are based on 40-year-old male and female homeowners with a clean claim history, good credit and the following coverage limits: Coverage A, Dwelling: $250,000 Coverage B, Other Structures: $25,000 Coverage C, Personal Property: $125,000 Coverage D, Loss of Use: $50,000 Coverage E, Liability: $300,000 Coverage F, Medical Payments: $1,000 The homeowners also have a $1,000 deductible and a separate wind and hail deductible (if required). These are sample rates and should be used for comparative purposes only. Your quotes will differ.

Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. We know it is important for homeowners to be confident their financial protection covers the likeliest risks, is priced competitively and is provided by a financially-sound company with a history of positive customer support.

To determine how well the best home insurance companies satisfy these priorities, third-party agency ratings from , , , , and Moody's had the most impact on the companies' Bankrate Scores. As price is a common consideration for homeowners, we analyzed quoted premiums based on 40-year-old male and female homeowners with a home policy with $250,000 in dwelling coverage. This profile, assessed across nearly 35,000 ZIP codes in the U.S., provided a basis on which homeowners may compare each provider.

While coverage options, insurer availability, affordability and customer experience are often the top priorities, Bankrate also analyzed each insurer's online and mobile resources for policy management and claims handling. Insurance is rapidly evolving to keep pace with our digital world, so these aspects also carried weight in determining Bankrate Scores.

Best home insurance companies in South Carolina

Based on our research, which included an analysis of average rates from Quadrant Information Services and a number of other metrics, including customer satisfaction scores from the , the best South Carolina homeowners insurance companies include State Farm, Auto-Owners and Allstate. While only one carrier on our list have average rates lower than the state average of $1,165 per year, the others offer a range of coverage options, digital tools and other policy features that make them stand out amid the competition. If you're looking for the best South Carolina home insurance, shopping around and from several carriers can be a helpful strategy, and you may want to start with these five companies. Insurance Company Average annual premium J.D. Power AM Best Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Average annual premium $1,474 J.D. Power 829 /1,000 AM Best A++ (Superior) Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Average annual premium $1,187 J.D. Power 825 /1,000 AM Best A++ (Superior) Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Average annual premium $927 J.D. Power 815 /1,000 AM Best A+ (Superior) Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Bankrate Scores primarily reflect a weighted rank of industry-standard ratings for financial strength and customer experience in addition to analysis of quoted annual premiums from Quadrant Information Services, spanning all 50 states and Washington, D.C. Average annual premium $1,404 J.D. Power 794 /1,000 AM Best A++ (Superior) Average annual premium $1,345 J.D. Power Not rated AM Best A+ (Superior) Powered by Coverage.com (NPN: 19966249) This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions. Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage Bankrate See more providers in Choose from insurers in Show More Mortgage

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Return to form Key takeaways Some of the best South Carolina homeowners insurance companies include State Farm, Auto-Owners and Allstate. South Carolina has the lowest average home insurance rates compared to neighboring states. Common causes of loss in South Carolina include tropical cyclones, severe weather and flooding. Explore Bankrate's review J.D. Power: AM Best: ++ Avg. annual premium for 250k dwelling $ Company overview State Farm might be an ideal fit for homeowners who value customer service and want to work with a live person. State Farm has established local agents throughout South Carolina that can assist with not just homeowners insurance, but all types of insurance products that State Farm offers. Although the carrier offers an array of coverage options to personalize your home insurance policy, its discount options are more limited, potentially making it more difficult to save. Pros and cons CheckmarkPros Optional coverage available to tailor your home insurance policy to your needs Large network of local agencies for in-person service Close XCons Limited number of discount opportunities Average premiums may be slightly higher than the state average Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: ++ Avg. annual premium for 250k dwelling $ Company overview Contrary to what the name might suggest, Auto-Owners does not just sell auto insurance policies. The company also offers robust homeowners insurance coverage, with add-ons like guaranteed replacement cost coverage, equipment breakdown insurance and its exclusive Homeowners Plus package, which includes unique coverage like food spoilage if your power goes out due to a covered peril. You may even be able to save further with unique discounts like the advanced quote discount, automatic backup generator discount, mortgage-free discount and water shut-off system discount. However, its mobile app on Android and Apple devices received fewer stars compared to its competitors, and it may not be a good option for homeowners who want to manage their policies online. Pros and cons CheckmarkPros Unique discount opportunities not found with other carriers Homeowners Plus package could be ideal for homeowners who want comprehensive coverage without individually selection Close XCons Mobile app options may not be as user-friendly as its competitors No online quoting Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: + Avg. annual premium for 250k dwelling $ Company overview Allstate, the U.S. home insurer based on market share according to the Triple-I, may be a company worth considering for South Carolina homeowners who want to manage their policies online and learn more about insurance. Allstate also offers a variety of unique endorsements, including yard and garden coverage, sports equipment coverage, musical instruments coverage, green improvement reimbursement and more. Compared to some of the other carriers on this list,however, it does have a slightly lower AM Best financial strength rating. Pros and cons CheckmarkPros Wide array of optional coverage to personalize your home insurance policy Multiple digital tools available to help with home insurance planning, such as Digital Locker Close XCons Slightly lower AM Best financial strength rating compared to other national carriers Ranked below average for customer service in J.D. Power's 2022 Home Insurance Study Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: ++ Avg. annual premium for 250k dwelling $ Company overview If you are looking for a home insurance policy with extensive options for add-ons, Travelers may be worth checking out. The company's robust home insurance offering could also help you add important coverage like higher limits for valuable items and financial assistance for rebuilding with green materials after a covered loss. To get the most for your money, consider contacting one of Travelers' to discuss which discounts you qualify for. Unfortunately, though, Travelers does have one of the lowest J.D. Power customer satisfaction ratings among the companies we studied; its score is well below the industry average. Pros and cons CheckmarkPros Unique list of coverage add-ons to build out your home insurance policy Local agencies available for in-person support Close XCons Performed below-average in J.D. Power's 2022 Home Insurance Study Mobile app experience may not be as robust as its competitors Explore Bankrate's review Explore Bankrate's review J.D. Power: AM Best: + Avg. annual premium for 250k dwelling $ Company overview Cincinnati may be a good option for South Carolina homeowners who own a high-value home. This company sells three tiers of homeowners insurance - Executive Homeowner, Executive Capstone and Executive Classic. The Executive Homeowner is for any home value, while the Executive Classic policy covers homes with a rebuilding value of $500,000 and above and the Executive Capstone policy covers homes with a rebuilding value of $1 million and above. Unfortunately, the company was not rated by J.D. Power for its customer service experience. Pros and cons CheckmarkPros Tiered home insurance plans offer coverage for wide variety of homes Local agencies available for those who want tailored, in-person service Close XCons Slightly lower financial strength rating from AM Best compared to other carriers on this list No J.D. Power rating for it's customer service Explore Bankrate's review This advertisement is powered by Coverage.com, LLC, a licensed insurance producer (NPN: 19966249) and a corporate affiliate of Bankrate. The offers and links that appear on this advertisement are from companies that compensate Coverage.com in different ways. The compensation received and other factors, such as your location, may impact what offers and links appear, and how, where and in what order they appear. While we seek to provide a wide range of offers, we do not include every product or service that may be available. Our goal is to keep information accurate and timely, but some information may not be current. Your actual offer from an advertiser may be different from the offer on this advertisement. All offers are subject to additional terms and conditions.

Compare home insurance rates

Answer a few questions to see personalized rates from top carriers. Continue Powered by Coverage.com (NPN: 19966249) Coverage.com, LLC is a licensed insurance producer (NPN: 19966249). Coverage.com services are only available in . Coverage.com may not offer insurance coverage in all states or scenarios. All insurance products are governed by the terms in the applicable insurance policy, and all related decisions (such as approval for coverage, premiums, commissions and fees) and policy obligations are the sole responsibility of the underwriting insurer. The information on this site does not modify any insurance policy terms in any way. Quick Facts $382/year average savings through Bankrate 2 out of 3 homes are underinsured 1 out of every 20 insured homes makes a claim each year 100% of homes need insurance before getting a mortgage See more providers in Choose from insurers in Show More Mortgage

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How much is homeowners insurance in South Carolina

South Carolina homeowners insurance costs, on average, $1,165 per year for $250,000 in dwelling coverage. For comparison, the for the same amount of coverage is $1,383 per year. South Carolina homeowners pay about 16 percent less for home insurance than the average American, and they also pay less for coverage than homeowners in neighboring states. North Carolina's average home insurance premium is $1,317 per year and Georgia's average annual premium is $1,373. South Carolina is on the Atlantic Coast and prone to impacts from tropical cyclones, . However, average real estate values across the Palmetto State are lower than Georgia and North Carolina, which could result in a lower average cost to insure your home. There may also be a lesser risk for other types of losses in South Carolina, depending on specifically where you live in the state.

SOUTH CAROLINA CITY AVERAGE ANNUAL PREMIUM FOR $250K DWELLING COVERAGE Charleston $1,316 Columbia $1,064 Goose Creek $1,399 Greenville $984 Hilton Head Island $1,354 Mount Pleasant $1,276 North Charleston $1,193 Rock Hill $980 Summerville $1,404 Sumter $1,225

Home insurance in South Carolina

Many homeowners are drawn to South Carolina's beautiful beaches, but living in a coastal state has risks. Homeowners in South Carolina should be aware of common insurance losses so they can protect their finances against the threat from severe weather events.

Common causes of loss in South Carolina

The biggest causes of home damage in South Carolina are related to tropical cyclones and related severe weather impacts, such as wind damage and flooding. According to data from CoreLogic, nearly in South Carolina are at risk of damage from storm surge, which could cause up to $86.4 billion in property damage. It is not uncommon for and tropical storms to hit the state each season. In late 2020, created significant flooding issues throughout the state. South Carolina also sustained significant impacts from Hurricane Florence in 2018. Other common causes of loss include: : Wildfires are common in South Carolina during late winter and early spring. On average, wildfire management teams respond to each year in the state. : According to data from the Triple-I, South Carolina ranks among the Top 20 states for tornadoes, with 24 twisters in 2021. Tornadoes with destructive winds, rain and hail can cause serious property damage and can occur anywhere in the state. : In 2020, there were 22,359 reported in South Carolina. Theft is not a prominent cause of loss, but it does happen, particularly in areas of the state with an above-average crime rate. : It may surprise you to learn that earthquakes are actually relatively common in South Carolina, with approximately . Only three to five of them are strong enough to be felt by residents, but a study conducted in 2001 concluded that South Carolina is at a high risk for earthquake activity. Earthquakes are not covered by standard home insurance policies. Once you have a better understanding of what kinds of property damage commonly occurs in your area, you may feel better informed to choose endorsements to protect your finances.

Home insurance coverage options in South Carolina

When you get homeowners insurance quotes in South Carolina, you will notice that some common coverage types - like dwelling, personal property, liability and additional living expenses coverage - are included. And while a basic homeowners insurance policy may be the right fit for some, there are some optional coverage choices that you may want to consider if you own a home in South Carolina. These include: Flood insurance: Flood damage is not covered by standard homeowners insurance policies. Usually, you will need to buy a separate through FEMA's National Flood Insurance Program (NFIP) or private flood insurers, although a few companies offer flood coverage as an endorsement to your homeowners policy. Earthquake coverage: Although earthquakes that cause significant damage are not common in South Carolina, one could happen at any time. Many home insurance companies offer earthquake coverage as an endorsement, or you may need to purchase a separate policy if you are in a particularly high-risk area. Identity theft coverage: Many home insurance companies offer an , which can help you pay for the costs associated with a stolen identity. This could include lawyer fees and credit monitoring expenses. Discussing your unique situation with a licensed insurance agent might be a good idea. A local agent should be able to help guide you to choose appropriate coverage so that your homeowners policy fits both your budget and your insurance needs.

Frequently asked questions

Home insurance in South Carolina isn't required by law, but mortgage lenders generally require you to have a policy as a condition of your loan. Even if you own your home in full, home insurance is still usually a good purchase. If you forgo a policy, you'll be responsible for any and all damage that happens to your home as well as any liability claims and legal fees that arise from injuries. Home insurance is much more affordable than the catastrophic expenses that can come from severe home damage and lawsuits, and it's generally a smart way to protect your finances.

The depends on your individual characteristics. A variety of factors influence your annual premium, including your ZIP code, claims history, the value and age of your home, age of your roof, your credit-based insurance score, proximity to a fire station and what coverage and deductibles you choose. It might be helpful to shop around and get multiple to compare prices and coverage options.

You can take a few steps to get a lower home insurance rate. First, shopping around and comparing rates is one of the best ways to find the most competitive premium for your situation. Each insurance company has its own way of rating policies, which means the same coverage will cost different amounts from different carriers. Next, you can take advantage of , like savings for home alarm systems or being claims-free. Another way to lower your premium is to increase your deductible. However, this means you will have to pay more out of pocket if you file a claim, so choose your deductible wisely.

Hurricane wind damage is covered by most standard homeowners policies in South Carolina but you may be subject to a separate that ranges from 1% to 5% of your dwelling limit. You need a separate flood insurance policy for flood-related hurricane damage. Flood coverage is available from the federally-backed NFIP, private flood insurers or an endorsement to your home insurance policy.

A home insurance company can cancel your policy at any time while your policy is active, and can "nonrenew" your policy when the term ends. Home insurance policies can be canceled for a few reasons, such as misrepresenting information on your application. Perhaps most frequently, home insurance policies are canceled after an inspection. If the company discovers a structural issue, a roof in poor condition or an ineligible pet, you may receive a cancellation notice. You may be wondering . Your provider is required by South Carolina regulations to send you a written notice 30 days prior to the cancellation or nonrenewal date, so you'll have time to search for a new policy. To find a new provider that suits your needs, you may want to compare policy offerings, get multiple quotes and review third-party ratings. Written by June Sham Insurance Writer June Sham is an insurance writer for Bankrate. Before joining the team, she worked for nearly three years as a licensed producer writing auto, property, umbrella and earthquake policies. Maggie Kempken is an insurance editor for Bankrate. She helps manage the creation of insurance content that meets the highest quality standards for accuracy and clarity to help Bankrate readers navigate complex information about home, auto and life insurance. She also focuses on ensuring that Bankrate’s insurance content represents and adheres to the Bankrate brand. Mark Friedlander is director of corporate communications at III, a nonprofit organization focused on providing consumers with a better understanding of insurance.