Columbia ,SC Home Insurance - The cost of homeowners insurance is influenced by a range of factors, including the value of your coverage, deductible, and the construction materials used in your home.
VHome Insurance conducted a thorough analysis of the Columbia, SC homeowners insurance market, taking into account factors like average costs, range of coverages, deductibles and customer satisfaction ratings to determine the best providers. The Average home insurance cost in Columbia, SC is $1861. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Columbia, SC. VHome Insurance will help you navigate the world of homeowners insurance coverages in Columbia, SC.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $744 |
| $200,000 | $1,265 |
| $300,000 | $1,563 |
| $400,000 | $2,382 |
| $500,000 | $2,996 |
Home insurance costs in Columbia can vary greatly based on location. The frequency of claims in your area can affect the cost of your policy. Simply put, the location of your home can significantly impact your homeowners insurance premium.
| Zipcode | Average Insurance Premium |
|---|---|
| 029203 | $1,698 |
| 29202 | $1,779 |
| 29205 | $1,862 |
| 29206 | $1,869 |
| 29212 | $1,772 |
| 29229 | $1,774 |
| 29201 | $1,801 |
| 29223 | $1,757 |
| 29209 | $1,752 |
| 29204 | $1,745 |
| 29210 | $1,743 |
One key aspect of your policy is the deductible, which is the amount you pay out of pocket before your insurance kicks in. Choosing the right deductible can have a major impact on your insurance premiums and overall savings. In this guide, we'll help you understand the options available for homeowners insurance deductibles in Columbia, SC, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,908 |
| $1000 Deductible | $1,707 |
| $1500 Deductible | $1,610 |
| $2500 Deductible | $1,452 |
| $5000 Deductible | $1,228 |
| Home Insurance Company Near Columbia, SC | Homeowners Insurance Agency Near Columbia, SC | Address |
|---|---|---|
| NA | Woody Stoudemire Co Inc | 311 N Lake Dr, Lexington, SC, 29072 |
| NA | All Mobile Ins Services | 108 N Lake Dr Ste A, Lexington, SC, 29072 |
| Travelers | Ea-Midland Agency Insurance Corporation | 22 OFFICE PARK STE 102, COLUMBIA, SC, 29223 |
| Allstate | Richard Parker | 9400 Two Notch Rd Ste A, Columbia, SC, 29223 |
| Travelers | The Tadich Insurance Group | 809 SUMMER CREEK DR, ORANGEBURG, SC, 29118 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Forest Acres city, South Carolina | $125 | $166 | $249 |
| Arcadia Lakes town, South Carolina | $133 | $177 | $266 |
| Woodfield CDP, South Carolina | $119 | $158 | $237 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Columbia, SC | 5.4% | 17.2% |
| Forest Acres | 5.09% | 15.24% |
| Arcadia Lakes | 3.93% | 14.49% |
| Woodfield | 6.11% | 20.09% |
| Columbia Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 644 | 2.0% | $344 |
| $200 to $299 | 853 | 2.0% | $794 |
| $300 to $499 | 2,458 | 7.0% | $1244 |
| $500 to $749 | 9,540 | 30.0% | $1919 |
| $750 to $999 | 10,075 | 32.0% | $2669 |
| $1,000 to $1,499 | 6,134 | 19.0% | $3794 |
| $1,500 or more | 1,529 | 4.0% | $5444 |
| Streets in Columbia Area | Homeowners Insurance Cost |
|---|---|
| Old Clayton Ct, Joshua St, Wheeler Rd, Edward Ct, Catalina Ct, S-40-1308, Covenant Rd, Carteret St, Brookhirst Ct, Camellia St | $803 |
| Cheval St, Brooks-Palmer Pl, Clarendon St, Trull St, Arcadia Lake Dr, Greenfield Rd, Springfield Ave, Walcott St, Grant St, Carousel Cir | $806 |
| Pineridge Rd, Sweet Bay Dr, Lake Ave, Claremont Dr, Humphrey St, Braham St, Chester St, Joe Louis Dr, Atascadero Dr, Saint Claire Dr | $910 |
| Dual Dr, Abernathy St, Puritan Rd, Detreville Ave, Christie Rd, E Chapel Dr, Long Shadow Ln, Wales St, S Beltline Blvd, Jonwall Ct | $822 |
| Petigru St, Widgean Dr, Gayle Pond Trce, Riley St, Bolden Cir, Meridian Dr, Omega Dr, Gavinshire Rd, Ontario St, High St | $803 |
| Lennox Ct, Pinevale Dr, Carlyle Cir, Gibson St, Cleaton Dr, Stratford Rd, Greenoaks Rd, Flora St, Valley Rd, River Valley Dr | $827 |
| Glenwood Ct, Grady St, Ander Dr, Crescent St, Glengarry Dr, Marshall St, Brockington Rd, Ervin St, Parkside Dr, Charlotte St | $847 |
| Boxwood Dr, Reamer Ave, Dearborn Rd, Burton St, Leeward Loop, Woodlake Dr, Bradley Dr, Ripplemeyer Ave, Greenhill Rd, Standish St | $923 |
| Mercer St, Crossfield Rd, S Edisto Ave, Langley Ct, Gnadenhunt Rd, Union St, Cary Ln, Delane Dr, Abelia Rd, Sedgewood Dr | $807 |
| Oakcrest Rd, Dickson St, Yorkhouse Rd, Newcastle Dr, Old Trace Ct, Broad St, Chambly Dr, S Bull St, Courtridge St, Ravenwood Rd | $853 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Columbia | $122 to $124 |
| Forest Acres | $124 |
| Arcadia Lakes | $133 |
| Woodfield | $118 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $700 | $2,700 |
| Yearly Columbia Homeowner Insurance Premium Example | $1,800 | $1,300 |
| Out of Pocket Expense During Claim | $700 | $2,700 |
| Total Home Insurance Premium for 5 years + Out of Pocket Expense for Claim | $9,700 | $9,200 |
| Net Savings to Columbia Home Owner from High Deductible Plan | $500 | |
| Scenario | Columbia, SC Home Replacement Value MORE than Home Value | Columbia, SC Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $100,000 | $72,500 |
| Insurance Premium based on Replacement Value | $875 | $625 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $16,000 | Risk Exposure from Under Insuring Coverage is $11,500 |
| Premium Impact | Insurance cheaper by $100/year | Insurance costlier by $150/year |
| Insurance Company | State Farm | Liberty Mutual | Chubb Group of Insurance |
| Monthly Premium | 101 | 123 | 178 |
| Year Built | 1978 | 1964 | 1985 |
| Home Details | 2 Beds, 1 Baths | 5 Beds, 1 Baths | 3 Beds, 1 Baths |
| Coverage Amount | $150000-$175000 | $250000-$300000 | $250000-$300000 |
| Deductible | $500 Deductible | $5000 to $10,000 Deductible | $500- $1000 Deductible |