Chubb is the cheapest home insurance option for most homeowners in South Carolina, with an average monthly savings of $365. Below is a summary of the most affordable providers in the state.
Cheapest Home Insurance in South Carolina
Updated: May 27, 2025
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Key Takeaways
Chubb and State Farm offer the lowest-cost home insurance in South Carolina overall, with potential savings of up to 89%.
State Farm offers the cheapest homeowners insurance in South Carolina if you own a new home or have bad credit.
Chubb offers the most affordable home coverage for those in high-risk fire areas in South Carolina.
What is the Cheapest Home Insurance in South Carolina?
| Chubb | $134 | $1,606 | 41% |
| State Farm | $158 | $1,894 | 30% |
| Allstate | $184 | $2,203 | 19% |
| Auto-Owners Insurance | $213 | $2,550 | 6% |
*These rates are based on a house built in 2000 with a $1,000 deductible, $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and class 3 fire protection. The insured is assumed to have good credit and no claims in the past five years.
THE CHEAPEST COMPANY MAY NOT BE THE BEST FOR YOU
While these companies may offer the lowest rates in South Carolina, evaluating their customer service reputation and coverage options is important. To help, we’ve created a separate guide to the best home insurance companies in South Carolina, providing a more comprehensive overview.
Cheapest South Carolina Home Insurance Rates by Category
While we’ve listed the cheapest options for most homeowners, those rates may not reflect your specific situation. For instance, while Chubb is typically the cheapest overall, State Farm offers the best rates for newer homes. To help, we’ve outlined the cheapest companies on average for common categories.
| Chubb | Older Homes | $134 |
| State Farm | Newer Homes | $90 |
| Chubb | Homes in High Risk Fire Areas | $134 |
| Chubb | Bad Credit | $134 |
*Rates are modified based on our methodology’s base profile. Newer home estimates are based on a home built in 2023, high-risk fire estimates are for a policy with 8-class fire protection, and bad credit rates assume a poor credit score on the FICO scale.
Compare Personalized Cheap South Carolina Home Insurance
The companies listed above typically provide the best rates for their categories, but actual rates vary based on your unique profile. Use the filter below to get a personalized list of the cheapest providers for your situation.
Data filtered by:Results filtered by:
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Coverage Level:$250K Dwelling / $125K Personal Property / $200K Liability
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Deductible:1000
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Claims History:Claim free for 5+ years
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Credit Tier:Good
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Home Age:Older Homes
| Chubb | $134 | $1,606 |
| State Farm | $158 | $1,894 |
| Auto-Owners Insurance | $214 | $2,571 |
| Allstate | $223 | $2,675 |
| Foremost Insurance | $278 | $3,337 |
Cheapest South Carolina Home Insurance By City
Risk factors for insurers vary by location, making some providers more affordable than others. For example, while Farmers is the cheapest in most cities, State Farm offers lower rates in North Charleston. Meanwhile, Chubb provides the most affordable options in Columbia, Myrtle Beach, and Sumter.
| Charleston | State Farm | $204 |
| Columbia | Chubb | $110 |
| Myrtle Beach | Chubb | $261 |
| North Charleston | State Farm | $192 |
| Sumter | Chubb | $92 |
*These rates are based on a house built in 2000 with a $1,000 deductible, $250,000 in dwelling coverage, $125,000 in personal property coverage, $200,000 in liability coverage and class 3 fire protection. The insured is assumed to have good credit and no claims in the past five years.
How To Find the Cheapest South Carolina Home Insurance for You
Finding affordable home insurance in South Carolina can be challenging, but you can significantly lower your costs with some effort. Below are our core recommendations to help you maximize savings on your policy.
- 1
Determine your coverage needs
Having your coverage limits in mind before buying can keep you from being oversold on coverage. Make sure you determine your home insurance coverage needs beforehand and understand the types of home insurance coverage to get what you need.
- 2
Research home insurance cost information
Examine home insurance costs in South Carolina to identify appropriate price ranges. Actively question agents about discount eligibility because providers don't typically offer these without direct inquiry.
- 4
Compare multiple companies apples to apples
To ensure you’re getting a good deal, compare quotes for the same coverage. Once aligned, gather as many quotes as possible using different methods to find the best rate.
Cheap Home Insurance South Carolina: Bottom Line
Chubb, State Farm, and Allstate offer the most affordable home insurance in South Carolina, boasting annual savings up to 73%. Denied coverage? The TFPA provides a safety net with low-cost policies. Remember to compare multiple insurers, research costs, and understand your coverage needs before making a decision.
Cheapest Home Insurance South Carolina: FAQ
Below are answers to frequently asked questions about the cheapest home insurance in South Carolina.
What is the cheapest home insurance company in South Carolina?
State Farm offers the lowest rates for newer homes in South Carolina at $90 per month or $1,084 per year. However, homeowners with older properties or higher fire protection needs may find better rates with Chubb.
How expensive is home insurance in South Carolina?
South Carolina has the 20th-highest home insurance rates in the U.S.
How much is home insurance in South Carolina?
Ensure your home insurance covers the full replacement cost of your home and sufficiently insures your personal possessions and specific risks in your area.
While home insurance isn't mandated by law, mortgage lenders require sufficient dwelling coverage to replace your home if it's destroyed. Additionally, choose a policy that secures the full value of your belongings, accounts for local threats such as severe weather or crime, and covers any priceless items you own.
How much home insurance do I need?
Ensure your home insurance covers the full replacement cost of your home and sufficiently insures your personal possessions and specific risks in your area.
While home insurance isn't mandated by law, mortgage lenders require sufficient dwelling coverage to replace your home if it's destroyed. Additionally, choose a policy that secures the full value of your belongings, accounts for local threats such as severe weather or crime, and covers any priceless items you own.
How We Found the Cheapest Home Insurance Companies in South Carolina
To determine the cheapest home insurance companies in South Carolina, we assumed the following base profile:
- $250K dwelling coverage
- $125K personal property coverage
- $200K liability coverage
- Home built in 2000
- Frame construction
- Composition roof
- $1,000 all perils deductible
- No claims in the past 5+ years
- 3-class fire protection
All other combinations were adjusted based on this profile to provide a more accurate comparison for your specific situation. However, these figures are estimates, and we recommend comparing quotes from multiple providers to secure the best deal.
About Mark Fitzpatrick
Mark Fitzpatrick, a Licensed Property and Casualty Insurance Producer, is MoneyGeek's resident Personal Finance Expert. With over five years of experience analyzing the insurance market, he conducts original research and creates tailored content for all types of buyers. His insights have been featured in publications like CNBC, NBC News and Mashable.
Fitzpatrick holds a master’s degree in economics and international relations from Johns Hopkins University and a bachelor’s degree from Boston College. He's also a five-time Jeopardy champion!
Passionate about economics and insurance, he aims to promote transparency in financial topics and empower others to make confident money decisions.