Best Homeowners Insurance Companies In South Carolina 2024

Nationwide’s A+ (Superior) financial strength rating from AM Best is impressive, but its poor customer satisfaction, reflected in numerous negative reviews, is a drawback. That said, it has a notable agent presence in South Carolina, with many local offices.

Nationwide stands out with its standard homeowners policy by offering rare coverages, like protection from credit card fraud and ordinance or law coverage to ensure that rebuilt structures comply with current codes.

With options like Better Roof Replacement, you can expand your coverage to include higher-quality roofing materials if they need to be replaced after an eligible event.

The Brand New Belongings option covers your items at replacement cost. You’ll receive reimbursement for their depreciated value and can submit receipts to Nationwide after buying replacements to recover the cost difference.

Farmers is recognized as a leader not just for its perks, but also for its superior “online experience,” where it clearly explains these perks and discounts to both new and current customers. Some of the perks are:

• Guaranteed Replacement Cost: Farmers will cover 100% of the cost to rebuild your home, no matter what the total expense is.
• Claim Forgiveness: After maintaining five claim-free years with Farmers, filing a claim will not result in higher premiums.
• Multi-Policy Savings: Farmers lets you save up to 34% on home insurance when you combine it with other policies.
• Declining Deductible: Every year your policy remains active, you get $50 to reduce your deductible.
• Claim-Free Discount: Get rewarded with a discount on your home insurance by staying claim-free for three years.

The 9.3/10 score awarded to Farmers factors in its lower J.D. Power customer satisfaction ratings for policyholder service.

Allstate offers a total of 11 home insurance discounts, outperforming the industry average of seven. In my evaluation, a few of these are particularly unique.

Allstate offers these types of discounts:

Claims Forgiveness: Additional protection that ensures your premiums won’t rise following a claim.

Claims-Free: Earn a 5% rebate at renewal time if you don’t file any claims during the year.

Deductible Reward: Signing up gets you $100 off your deductible right away.

Bundle: Get as much as 25% off by bundling your home and auto insurance policies.

Automatic Payment: Enable automatic payments and enjoy 5% savings.

Loyalty: Enjoy up to 10% savings for maintaining your policy with Allstate.

Home Buyer: Get a special discount if you’re a recent homebuyer.

New Home: Get savings when you insure a newly constructed property.

Responsible Payment: Get rewarded with savings for responsible payment behavior.

Early Payment: Lock in a discount of up to 10% when you buy your new policy at least a week before your current one expires.

Protective Device: Installing safety features such as fire alarms or security systems earns you a discount.

Allstate offers a remarkable nine optional homeowners insurance coverage types, nearly twice the industry average of five. Along with typical features like ID theft protection and scheduled personal property, they provide a unique yard and garden coverage that boosts limits for replacing landscaping and lawn gear like riding mowers.

We gave State Farm the top spot for its large agent network in South Carolina, outstanding customer satisfaction, and competitive premiums. The high J.D. Power service ratings are especially valuable with the presence of agents, adjusters, and offices across South Carolina, particularly after severe storms like tornadoes.

With State Farm, you can start with a standard homeowners policy and expand it with optional coverage. This can include protection for rebuilding to comply with new laws, identity theft coverage, and insurance for high-value items like jewelry and collectibles. State Farm’s A++ rating from AM Best demonstrates its top-tier financial stability.

To start a quote from State Farm, you can begin the process online, but you’ll need to work with a local agent to finalize your policy. Policyholders can manage their accounts, file claims, and opt for paperless billing through the website or mobile app. The website also features a resource library for insurance education.

Chubb provides some of the most cost-effective home insurance rates in South Carolina, specifically for high-value homes. In addition to competitive premiums, they offer extended replacement cost coverage, ensuring that items are repaired or replaced even if their value has decreased. Chubb is also recognized for its financial strength and superior customer service.