Charleston Insurance Rates:

Charleston, SC home insurance is roughly $734 to $999, about $61-$83/month. Our all inclusive analysis indicates shoppers can save upto $346 by comparing multiple quotes

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Charleston, South Carolina Homeowners Insurance Reviews separate fact from fiction. Compare realistic quotes from the best home insurance providers.

Charleston Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
American Family Insurance
Home Insurance Rate of $190/2 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $225,000

3 Beds, 3 Bath 1530 sqft Seasonal Residence Constructed In 1941 with Hardwood Flooring, Asphalt Shingles Roof, Piers Foundation, Brick siding, Metal Frame Construction. Home Features Include Fireplace, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

25 Years old Married Male who has a Part Time Job with household income of less than $25,000 and has 2 Pets and is a Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 550-599 Credit Score

  • Seniors staying at home

Home Insurance Rate of $480/4 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $280,000

3 Beds, 3 Bath 1980 sqft Seasonal Residence Constructed In 1976 with Stone Flooring, Metal Roof, Slab Foundation, Brick siding, Stucco Construction. Home Features Include Smoke Alarm, Copper Water Pipes, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

26 Years old Married Female who is Unemployed with household income of less than $25,000 and has 2 Pets and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $920/9 months for $250000-$300000 Coverage
Policy Holder Home Details :

Home Value : $255,000

3 Beds, 3 Baths 2030 sqft Seasonal Residence Constructed In 1945 with Stone Flooring, Asphalt Shingles Roof, Chainwall Foundation, Stone Siding, Metal Frame Construction. Home Features Include Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

74 Years old Married Female who is Unemployed with household income of less than $25,000 and has 2 Pets and is a Non-Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 650-699 Credit Score

Home Insurance Rate of $140/3 months for $75,000-$100,000 Coverage
Policy Holder Home Details :

Home Value : $130,000

2 Beds, 2 Bath 964 sqft Primary Residence Constructed In 1964 with Linoleum, Composition Roof, Slab Foundation, Vinyl siding, Brick Frame. Home Features Include Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

43 Years old Divorced Male who has a Part Time Job with household income of less than $25,000 and has More than 3 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

Charleston, SC Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
29404 $9,999 $750
29401 $898,400 $1,170
29403 $291,300 $890
29412 $258,800 $890
29407 $230,700 $870
29414 $213,000 $860
29420 $163,700 $830
29418 $133,800 $820
29405 $112,200 $800

Charleston Rates & Quotes Analysis:

Charleston Area Estimated House Insurance
Lucia St, Richardson Corner Ln, Blessing Ln, Crossfield Ln, Clements Ferry Rd, Sailmaker St, Bannerhill Rd, Raccoon Run, Delahow St, Postal Crescent Ct$834
Radford Ln, Pierce St, Memes Way, Island Club Dr, State Rd S-8-29, Wandering Rd, Brady St, Royal Assembly Dr, Bruceridge Ln, Barfield St$1,016
Fogarty Ln, Barbados Dr, Cherry Tree, Comesee Ln, Driftwood Ln, Advantage Ln, Gunboat Ln, Creek Side Way, Cainhoy Landing Rd, Hwy 98$844
Guerins Bridge Rd, River Walk Ct, Brown Pelican Dr, Rivers Edge Way, Restless Cove Ln, Privateer Ln, Area Way, Harbor Mist Ct, Hillridge Rd, Hidden Bottom Ln$841
Bear Ln, Dalton St, Reflectance Rd, Jervey Point Rd, Thrift Ln, Ball Ln, Bradbury Ln, Coxroost Ln, Give Away Ln, Bulline St$851

Insurance rates are influenced by a number of factors including:

  • Year Built: 9,018 Homes (15% of total) built between 1939 or earlier in Charleston are paying home insurance between $1,854-$1,867 compared to Charleston Central (+$178), Sullivan's Island (+$741), Mount Pleasant (+$109), Charleston County (-$16) and West Ashley (-$36).
  • Bedrooms: 22,359 3 bedrooms homes (38% of total homes ) in Charleston are paying about $720 and varies from Charleston Central (+$69), Sullivan's Island (+$275), Mount Pleasant (+$32), Charleston County (-$6) and West Ashley (-$23).
  • Auto Insurance Bundling: 12,854 Households (47% of all households) in Charleston have 2 vehicles available and when it is bundled with home insurance you can save $173 and varies from Charleston County ($172), Charleston Central ($190), West Ashley ($170).
  • Senior Discounts: 12,451 seniors (more than 55 years) occupied housing units (45% of total) in Charleston get discounts between $129 to $132. The comparative concessions in proximate regions such as Charleston County, Charleston Central and West Ashley are $129, $142 and $127 respectively.
  • New Homes discounts: New homes such as the 26,992 homes built between 2000 to 2009 in Charleston can save $173 and differs from Charleston County ($172), Charleston Central ($190), West Ashley ($170).

Charleston Homeowners insurance Facts

  • Charleston, SC has 27,095 owner occupied houses which is 53.3% of all units whereas Charleston County, Charleston Central and West Ashley have 61.39%, 35.96% and 60.21% respectively.
  • Charleston, SC homeowners yearly insurance price at $867 is 0.34% of the typical house value of $255,600 which is in contrast with 0.36% in Charleston County, 0.22% at Charleston Central & 0.39% in West Ashley.
  • Homeowners in Charleston, SC pay 1.51% of their income ($45,000 to $49,999) in insurance whereas homeowners in Charleston County, Charleston Central and West Ashley pay 1.5%, 1.65% and 1.48% respectively.
  • Charleston, SC’s insurance is 4.1% of monthly housing costs of $1,783/month, for owners with a mortgage compared to 4.25% in Charleston County, 3.63% at Charleston Central & 4.38% in West Ashley. But, for households without a mortgage, insurance is 13.7% of costs ($529 in Charleston, SC) in contrast with 14.93% in Charleston County, 11.51% at Charleston Central & 14.88% in West Ashley.

Charleston, SC Home Values & Insurance rates

For example, insurance for 206 Homes (1.0% of total homes ) valued between $60,000 to $69,999 in Charleston, SC is about $216. Rates in nearby areas in such as Charleston Central, Folly Beach, Wando are cheaper by $83, $112, $44 respectively while Charleston County and Johns Island are costlier by $16 and $38 respectively for similar homes.

Charleston, SC Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 947 4.0% $78
$60,000 to $69,999 206 1.0% $216
$70,000 to $79,999 223 1.0% $251
$80,000 to $89,999 326 1.0% $286
$90,000 to $99,999 320 1.0% $320
$100,000 to $124,999 1,091 5.0% $372
$125,000 to $149,999 857 4.0% $459
$150,000 to $174,999 2,422 12.0% $546
$175,000 to $199,999 2,042 10.0% $632
$200,000 to $249,999 4,525 22.0% $762
$250,000 to $299,999 3,589 17.0% $927
$300,000 to $399,999 3,294 16.0% $1179

Renters Insurance in Charleston

  • Average Renters Insurance in Charleston :  $85($7/month)

  • Median Gross Rent in Charleston :  $953

  • Charleston Renters Insurance to Median Rent Ratio:  0.73%

  • Renter occupied housing units in Charleston :  23,716

Charleston Renters Insurance as a Percentage of Rent

Charleston Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
Less than $200 434 1.0% $321
$200 to $299 915 4.0% $771
$300 to $499 1,572 6.0% $1221
$500 to $749 3,685 16.0% $1896
$750 to $999 6,123 26.0% $2646
$1,000 to $1,499 6,921 30.0% $3771
$1,500 or more 3,180 13.0% $5421

Rent Affordability in Charleston:

Approximately 51.0% (12,192) of households are spending more than 35% of their income on gross rent in Charleston

Occupied units paying gross rent Total Households % of Total
Less than 15.0 percent 1,916 8.0%
15.0 to 19.9 percent 2,784 11.0%
20.0 to 24.9 percent 2,563 10.0%
25.0 to 29.9 percent 2,202 9.0%
30.0 to 34.9 percent 2,059 8.0%
35.0 percent or more 12,192 51.0%

Charleston Renters Insurance Discounts:

Charleston Renters Insurance Discounts by Number of Vehicles in Renter Occupied Housing Units

Number of Vehicles in Charleston, SC Number of Housing Units % of Total Renters Insurance Insurance Savings by Bundling Auto Insurance
1 vehicle available 11,316 47.0% $8.5
2 vehicles available 6,467 27.0% $12.75
3 or more vehicles available 1,321 5.0% $17.0

Charleston Senior Citizen Discounts:

Age Senior Occupied Housing Units % of Total Discount offered
55 to 59 years 1,419 5.0% $95
60 to 64 years 1,114 4.0% $76
65 to 74 years 1,177 4.0% $61
75 years and over 1,456 6.0% $47

Protective device discount in Charleston Up to :  $12

Claims-free discount in Charleston Up to :  $17