Greenville ,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 Greenville, 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 Greenville, SC is $1909. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Greenville, SC. VHome Insurance will help you navigate the world of homeowners insurance coverages in Greenville, SC.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $764 |
| $200,000 | $1,298 |
| $300,000 | $1,604 |
| $400,000 | $2,444 |
| $500,000 | $3,073 |
Home insurance costs in Greenville 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 |
|---|---|
| 029611 | $1,722 |
| 29601 | $2,041 |
| 29615 | $1,869 |
| 29607 | $1,838 |
| 29609 | $1,827 |
| 29605 | $1,771 |
| 29617 | $1,752 |
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 Greenville, SC, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,957 |
| $1000 Deductible | $1,751 |
| $1500 Deductible | $1,651 |
| $2500 Deductible | $1,489 |
| $5000 Deductible | $1,260 |
| Home Insurance Company Near Greenville, SC | Homeowners Insurance Agency Near Greenville, SC | Address |
|---|---|---|
| NA | Hemly Insurance Group, Llc | 304 E. Frontage Road , Greer, SC, 29651 |
| Travelers | Compass Insurance Group Llc | 118 SOUTHPORT RD, SPARTANBURG, SC, 29306 |
| Liberty Mutual Independent | Correll Ins Group Inc - Laurens | 210 HILLCREST DR, LAURENS, SC, 29360 |
| Allstate | Dean Price | 117 Whitehall Rd, Anderson, SC, 29625 |
| Nationwide | Fletcher Anderson Agency | 1500 W MAIN ST, CENTRAL, SC, 29630 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Wade Hampton CDP, South Carolina | $103 | $137 | $205 |
| Greenville County, South Carolina | $102 | $136 | $204 |
| City View CDP, South Carolina | $96 | $128 | $192 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Greenville, SC | 5.3% | 19.9% |
| Wade Hampton | 5.26% | 19.26% |
| Greenville County | 5.44% | 20.66% |
| City View | 8.44% | 14.89% |
| Greenville Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 817 | 2.0% | $342 |
| $200 to $299 | 1,317 | 3.0% | $792 |
| $300 to $499 | 4,009 | 10.0% | $1242 |
| $500 to $749 | 15,076 | 38.0% | $1917 |
| $750 to $999 | 11,097 | 28.0% | $2667 |
| $1,000 to $1,499 | 5,113 | 13.0% | $3792 |
| $1,500 or more | 1,356 | 3.0% | $5442 |
| Streets in Greenville Area | Homeowners Insurance Cost |
|---|---|
| E Mountain Creek Rd, Co Rd 840, Christopher St, Affirmed Ct, S Fairfield Rd, Saluda Ridge, Garden Trl, Clifton Grove Way, Valentine St, Fortuna Dr | $775 |
| Shoppers Dr, Co Rd 520, Co Rd 440, Pinefield Dr, Berryhill Ct, Ruskin Sq, E 5th St, Co Rd 377, Olde Orchard Ln, Pinnacle Dr | $800 |
| Ymca St, Pine Lake Cir, Flicker Dr, Co Rd 382, Savannah St, Roe Ford Rd, Old Country Rd, Berea Forest Cir, Berea Dr, Sheraton Ct | $775 |
| Mountain Chase Dr, Indian Springs Dr, Apricot Ln, Alderberry Dr, W 6th St, Evergreen Cir, Glengrove Dr, Spring Tree Dr, Titleist Ct, Sumner St | $870 |
| Townes St, Ebenezer Rd, Pepperbush Ct, Old Hunts Bridge Rd, Springer St, Lynchester Ln, W Faris Rd, S del Norte Rd, Dobbs St, K Mart Plz | $789 |
| Brantford Ln, Lee Ave, Green Leaf Dr, State Frontage Rd 1118, Manchester Dr, Biscayne Dr, Lakeshore Dr, Pennine Dr, Hedgerow Dr, Laurel Creek Ln | $801 |
| A D Asbury Dr, Burdock Ct, J-1021, Charlene Dr, Windward Ct, Wembley Rd, Kinross Row, Drummond Ct, Stradley Ter, Co Rd 855 | $843 |
| Skyland Dr, Vanderbilt Cir, Stall St, Arcadia Cir, Grenoble Ct, D-226, Tamburlaine Ct, Co Rd 982, Swindon Cir, Alden Ct | $839 |
| Antelone Ct, Midland St, S Brown St, Loblolly Ln, Luther St, Spring Valley Rd, W Faris Rd, Speed St, Coleman Ct, Rainstone Dr | $824 |
| Fair St, Beech St, Hedge St, Blackberry Ct, Co Rd 365, Co Rd 169, Carolina Dr, Rangeview Cir, Channel Dr, Woodway Ct | $828 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Greenville | $122 to $125 |
| Wade Hampton | $123 |
| Greenville County | $122 |
| City View | $115 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $500 | $1,500 |
| Yearly Greenville Homeowner Insurance Premium Example | $1,000 | $800 |
| Out of Pocket Expense During Claim | $500 | $1,500 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $8,500 | $7,900 |
| Net Savings to Greenville Home Owner from High Deductible Plan | $600 | |
| Scenario | Greenville, SC Home Replacement Value MORE than Home Value | Greenville, SC Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $298,000 | $195,500 |
| Insurance Premium based on Replacement Value | $2,025 | $1,325 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $43,000 | Risk Exposure from Under Insuring Coverage is $59,500 |
| Premium Impact | Insurance cheaper by $400/year | Insurance costlier by $300/year |
| Insurance Company | Travelers | Amica Mutual Insurance Company | Liberty Mutual |
| Monthly Premium | 151 | 96 | 95 |
| Year Built | 2000 | 1983 | 2011 |
| Home Details | 4 Beds, 2 Baths | 5 Beds, 3 Baths | 3 Beds, 1 Baths |
| Coverage Amount | $300000-$350000 | $250000-$300000 | $200000-$250000 |
| Deductible | $2500-$5000 Deductible | $5000 to $10,000 Deductible | $2500-$5000 Deductible |