Myrtle Beach Insurance Rates:

Myrtle Beach, SC home insurance is nearly $703 to $955, about $58-$79/month. Our comprehensive analysis reveals consumers can save as much as $331 by getting multiple quotes

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

Myrtle Beach Home Owner Insurance Quotes | Write a Review | Rates & Quotes Analysis
GEICO Insurance
Home Insurance Rate of $580/10 months for $125000-$150000 Coverage
Policy Holder Home Details :

Home Value : $140,000

3 Beds, 3 Bath 1610 sqft Seasonal Residence Constructed In 2007 with Wood Flooring, Wood Shake Roof, Crawl Space Foundation, Brick siding, Brick Frame. Home Features Include Indoor Sprinklers, Fire Extinguisher, Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

29 Years old Married Female who has a Full Time Job with household income of $50-$75,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 50-75% Mortgage Paid off

  • 750-799 Credit Score

Home Insurance Rate of $620/8 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $200,000

3 Beds, 3 Baths 1750 sqft Vacation Property Constructed In 1984 with Hardwood Flooring, Composition Roof, Chainwall Foundation, Stucco siding, Wood Frame. Home Features Include Fireplace, Swimming Pool, Central Air Conditioning, Fire Extinguisher, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

33 Years old Divorced Male who is a Freelancer with household income of $75-$100,000 and has More than 3 Pets at home and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 800-850 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $590/8 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $210,000

3 Beds, 3 Bath 1960 sqft Seasonal Residence Constructed In 1990 with Stone Flooring, Slate Shingles Roof, Slab Foundation, Wood siding, Stucco Construction. Home Features Include Swimming Pool, Indoor Sprinklers, Copper Water Pipes, Smoke Alarm, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

31 Years old Married Male who has a Full Time Job with household income of $75-$100,000 and has More than 3 Pets at home and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 600-649 Credit Score

  • Guests at home

Home Insurance Rate of $1160/9 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $185,000

3 Beds, 3 Bath 2080 sqft Vacation Property Constructed In 2014 with Ceramic Tile Flooring, Membrane Roof, Piers Foundation, Wood siding, Brick Frame. Home Features Include Copper Water Pipes, Indoor Sprinklers, Central Air Conditioning, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

60 Years old Divorced Female who is Unemployed and has 3 Pets and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

  • Seniors staying at home

  • Guests at home

Home Insurance Rate of $320/3 months for $200000-$250000 Coverage
Policy Holder Home Details :

Home Value : $240,000

4 Beds, 4 Baths 1980 sqft Primary Residence Constructed In 2012 with Ceramic Tile Flooring, Shingles Roof, Crawl Space Foundation, Wood siding, Metal Frame Construction. Home Features Include Fireplace, Deadbolt Locks, Swimming Pool, Indoor Sprinklers, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

30 Years old Married Female who is Unemployed and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 600-649 Credit Score

Home Insurance Rate of $1780/12 months for $300000-$350000 Coverage
Policy Holder Home Details :

Home Value : $295,000

4 Beds, 4 Bath 3160 sqft Seasonal Residence Constructed In 1997 with Ceramic Tile Flooring, Wood Shake Roof, Piers Foundation, Brick siding, Wood Frame. Home Features Include Fire Extinguisher, Swimming Pool, Circuit Breaker Electricals and Security by Monitoring Company

About Policy Holder:

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

Additional Details :
  • 25-50% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $90/1 month for $150000-$175000 Coverage
Policy Holder Home Details :

Home Value : $140,000

3 Beds, 3 Baths 1580 sqft Vacation Property Constructed In 2011 with Hardwood Flooring, Composition Roof, Piers Foundation, Wood siding, Brick Frame. Home Features Include Copper Water Pipes, Indoor Sprinklers, Central Air Conditioning, FuseBox Electricals and Security by Monitoring Company

About Policy Holder:

53 Years old Married Male who has a Part Time Job with household income of less than $25,000 and has 1 Pet and is a Non-Smoker

Additional Details :
  • 75-100% Mortgage Paid off

  • 700-749 Credit Score

  • Seniors staying at home

Home Insurance Rate of $700/8 months for $175000-$200000 Coverage
Policy Holder Home Details :

Home Value : $165,000

3 Beds, 3 Bath 1580 sqft Vacation Property Constructed In 1996 with Hardwood Flooring, Asphalt Shingles Roof, Chainwall Foundation, Stucco siding, Brick Frame. Home Features Include Copper Water Pipes, Indoor Sprinklers, Fireplace, Swimming Pool, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

45 Years old Married Female who has a Full Time Job with household income of $50-$75,000 and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • 500-549 Credit Score

  • Guests at home

Home Insurance Rate of $380/6 months for $100000-$125000 Coverage
Policy Holder Home Details :

Home Value : $155,000

3 Beds, 3 Baths 1260 sqft Rental Property Constructed In 2014 with Carpet Flooring, Asphalt Shingles Roof, Chainwall Foundation, Vinyl siding, Metal Frame Construction. Home Features Include Fire Extinguisher, Deadbolt Locks, Smoke Alarm, Swimming Pool, FuseBox Electricals and Security by HomeOnly

About Policy Holder:

41 Years old Divorced Male who has a Part Time Job with household income of $25-50,000 and has 3 Pets and is a Non-Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

  • Guests at home

Home Insurance Rate of $480/5 months for $100,000-$125,000 Coverage
Policy Holder Home Details :

Home Value : $115,000

2 Beds, 2 Baths 843 sqft Rental Property Constructed In 1987 with Hardwood Flooring, Membrane Roof, Slab Foundation, Brick siding, Wood Frame. Home Features Include Deadbolt Locks, Fireplace, Circuit Breaker Electricals and Security by HomeOnly

About Policy Holder:

60 Years old Married Male who has a Part Time Job with household income of less than $25,000 and has 1 Pet and is a Smoker

Additional Details :
  • 25-50% Mortgage Paid off

  • Up to 499 Credit Score

Myrtle Beach, SC Home Insurance by Zip Code

Zip Code Median Home Value Median Homeowners Insurance
29572 $276,300 $880
29579 $192,900 $840
29577 $154,400 $830

Myrtle Beach Rates & Quotes Analysis:

Myrtle Beach Area Estimated House Insurance
N US Hwy 17 Bus, Crepe Myrtle Ct, Elizabeth Dr, State Rd S-26-71, Sosa Ct, Putnam Dr, Morris Pl, Inlet Rd, Hidden Woods Dr, Lagrande Dr$821
Butkus Dr, Tyner St, Vine St, 68th Ave N, Cardinal Ave, Leo Dr, W Sandlapper Dr, Bird Dog Ct, 46th Ave N, N Blackmoor Dr$845
Spirit Pl, Marion Cir, Duval Dr, Professional Dr, Causey St, Martin St, Abby Ln, Shetland Ln, Mayfair St, Parmelee Dr$789
Applewood Ct, Lullwater Ct, Woodland, Registry Dr, Edge St, Brandymill Blvd, Ennis Dr, 75th Ave N, Jason Blvd, 20th Ave N$792
Sandlapper Dr, Pampass Dr, Royal Pine Dr, Stonecrest Ct, Reindeer Moss Ct, Alexander Ct, Cavandish Dr, Mt Gilead Rd, Manchester Way, Inez Rd$862
Westham Dr, Rhea Dr, Mustang St, S Myrtle St, Caribbean Way, S Creekside Dr, Futrell Dr, Campbell St, Mount Gilead Place Rd, Ash St$846
16th Ave S, Somersby Dr, Wood Duck Cove, Powder Springs Loop, Oak Cir, Sunset Trl, Jesika Dr, Delton Dr, Chester St, Squires Ln$851
W Canal St, Pinner Pl, N Pinewood Dr, Simonton Ct, Mitchell Dr, 24th Ave S, Knightsbridge Ct, Palmetto Dr, 29th Ave N, Rainbow Ave$848
Clark St, Knights Ct, Misty Hammock Dr, Chatman Ct, Manchester Ct, Stanley Dr, Creek View Ct, Dreamland Dr, Old House Rd, Periwinkle Ct$848
50th Ave N, Duna Verde Way, Ashdale Dr, Wisteria Dr, Castle Rock Ct, Buckingham Ave, Emory Rd, Green Wing Dr, Resin Rd, Worthington Cir$846

Insurance rates are influenced by a number of factors including:

  • Year Built: 20,589 Homes (27% of total) built between 1980 to 1989 in Myrtle Beach are paying home insurance between $1,237-$1,249 in contrast with Surfside Beach (+$67), Murrells Inlet (+$40), Briarcliffe Acres (+$250), Socastee (-$17) and Garden City (-$34).
  • Bedrooms: 29,559 3 bedrooms homes (45% of total homes ) in Myrtle Beach are paying about $689. Areas near to Myrtle Beach such as Surfside Beach, Forestbrook, Murrells Inlet are costlier by $37, $3, $22 respectively whereas Socastee and Garden City are more economical by $10, $28 respectively for similar homes.
  • Auto Insurance Bundling: 4,644 Households (16% of all households) in Myrtle Beach have 3 or more vehicles available and when it is bundled with home insurance you can save $207. Discounts for similar bundling in close by locations such as Surfside Beach, Socastee, Forestbrook come to $218, $204, $208 respectively.
  • Senior Discounts: 17,683 seniors (more than 55 years) occupied housing units (62% of total) in Myrtle Beach get discounts between $124 to $126. The comparative concessions in proximate regions such as Surfside Beach, Socastee and Forestbrook are $131, $122 and $124 respectively.
  • New Homes discounts: New homes such as the 39,917 homes built between 2000 to 2009 in Myrtle Beach can save $165 and similar new home insurance discounts in nearby towns and cities like Surfside Beach, Socastee and Forestbrook are $174, $163 and $166 respectively.

Myrtle Beach Homeowners insurance Facts

  • Myrtle Beach, SC has 28,209 owner occupied houses which is 67.3% of all units whereas Surfside Beach, Socastee and Forestbrook have 61.73%, 63.84% and 81.8% respectively.
  • Myrtle Beach, SC homeowners yearly insurance price at $829 is 0.47% of the typical house value of $174,600 which is in contrast with 0.32% in Surfside Beach, 0.54% at Socastee & 0.45% in Forestbrook.
  • Homeowners in Myrtle Beach, SC pay 2.21% of their income ($35,000 to $39,999) in insurance whereas homeowners in Surfside Beach, Socastee and Forestbrook pay 2.33%, 2.18% and 2.22% respectively.
  • Myrtle Beach, SC’s insurance is 5.2% of monthly housing costs of $1,321/month, for owners with a mortgage compared to 4.54% in Surfside Beach, 5.53% at Socastee & 5.04% in Forestbrook. But, for households without a mortgage, insurance is 18.8% of costs ($368 in Myrtle Beach, SC) in contrast with 18.3% in Surfside Beach, 19.82% at Socastee & 21.63% in Forestbrook.

Myrtle Beach, SC Home Values & Insurance rates

For example, insurance for 656 Homes (2.0% of total homes ) valued between $60,000 to $69,999 in Myrtle Beach, SC is about $306. Rates in nearby areas in such as Forestbrook, Murrells Inlet, Little River are cheaper by $15, $75, $30 respectively while Socastee and Garden City are costlier by $37 and $105 respectively for similar homes.

Myrtle Beach, SC Home By Value Total Homes % of Total Average Homeowners Insurance
Less than $50,000 2,664 10.0% $116
$50,000 to $59,999 380 1.0% $248
$60,000 to $69,999 656 2.0% $306
$70,000 to $79,999 664 2.0% $348
$80,000 to $89,999 746 2.0% $397
$90,000 to $99,999 646 2.0% $447
$100,000 to $124,999 2,524 9.0% $522
$125,000 to $149,999 2,491 9.0% $646
$150,000 to $174,999 3,391 13.0% $770
$175,000 to $199,999 2,286 9.0% $887
$200,000 to $249,999 4,223 16.0% $1069
$250,000 to $299,999 2,378 9.0% $1301
$300,000 to $399,999 2,269 8.0% $1658

Renters Insurance in Myrtle Beach

  • Average Renters Insurance in Myrtle Beach :  $153($12/month)

  • Median Gross Rent in Myrtle Beach :  $855

  • Myrtle Beach Renters Insurance to Median Rent Ratio:  1.4%

  • Renter occupied housing units in Myrtle Beach :  13,684

Myrtle Beach Renters Insurance as a Percentage of Rent

Myrtle Beach Home By Monthly Rent Total Homes % of Total Estimated Monthly Income To Afford Rented House Including Renters Insurance
$200 to $299 206 1.0% $788
$300 to $499 416 3.0% $1238
$500 to $749 3,096 23.0% $1913
$750 to $999 5,668 43.0% $2663
$1,000 to $1,499 2,941 22.0% $3788
$1,500 or more 591 4.0% $5438

Protective device discount in Myrtle Beach Up to :  $22

Claims-free discount in Myrtle Beach Up to :  $30