Greenville, SC homeowners insurance is approximately $696 to $943, about $58-$78/month. Our detailed analysis indicates shoppers can save upto $328 by comparing different quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Greenville, SC homeowners are paying an average of $1,100 in home insurance each year. Factors that affect the cost of a policy include coverage type, deductible and age or material used to build your house. In general it is difficult to compare rates across providers since premiums can vary significantly based on factors like the amount you want covered (coverage) and how willing you are to pay out-of-pocket costs before receiving any compensation from your insurer (deductible).Below is the summary of average home insurance costs available to Greenville, SC Homeowners based on the coverage and other variables.
Greenville, SC Home Insurance Cost for different Deductibles.
Homeowners can buy cheap home insurance rates based on the coverage. The amount that is covered for an individual by their service provider, correlates to how much they want to be cover and higher amounts of coverage come with a cost; meaning homeowners will have higher monthly premiums if they choose more protection from their insurer.Greenville homeowners paying a coverage of $1,00,000 can avail of home insurance for $527.74 . Homeowners receive insurance for $3,111.87 and $3,983.19, respectively, on coverages $400,000 and $500,000.
There are many ways to save money on home insurance, and choosing a high deductible is one of the easiest. Homeowners in Greenville can get $790 worth of coverage for as little as $2500 with an attractive discount available by opting for higher deductibles.Homeowners receive insurance for $840 and $926 respectively, on deductibles $2000 and $1500.
When it comes to home insurance, new developments are often cheaper and more common than older homes. This is especially true in Greenville where newly constructed houses can avail lower insurance rates because newer buildings have a lesser threat of damage from potential events like fire or theft. As a result, home-insurance companies offer substantial discounts for recently built properties. For Instance newly constructed Greenville homes can avail lower insurance of $858 since newly built homes have a lesser threat of damage. As a result, home insurance companies offer substantial discounts to newly constructed homes. On the other hand, older homes attract higher insurance rates, since they are more prone to damage. As a result, Greenville homes older than 40 and 50 years receive an additional cost of $1,129and $1,142, respectively.
The house's construction type is considered an integral factor in determining the cost of home insurance by insurance companies. The more resistant your house is to damage, the less is the average insurance cost.For example, if the house is built with a fire-resistive, homeowners in Greenville can avail of the insurance for an average cost of $946. Insurance companies Greenville Springs offer home insurance for $1045 for homes built with Masonry and Brick. Homes constructed with superior and hail resistant roofs attract a higher amount $990 and $1067 respectively.
Apart from the standard features that insurance companies look for when determining rates, homeowners can get cheap home insurance rates from their providers based on the security features they have.Homeowners with good security features or seniors in the household will be offered lower prices for their coverage.
Homeowners in Greenville, South Carolina, pay an average home insurance rate of $1100. This is significantly lower than the national average premium of $1,438. Greenville homeowners can make use of discounts offered by home insurance companies to further reduce their home insurance rates. Below is a list of discounts offered to Greenville homeowners.
Home insurance companies provide discounts to Greenville homeowners based on the construction materials used to build the house. Greenville homes that are built using sturdy materials make them more resistant to damage, earning them considerable discounts from home insurance companies. For example, Greenville homes constructed using fire-resistive materials and superior materials get discounts of $154 and $110, respectively, on their homeowners insurance. Homes built using masonry and brick earn a discount of $55, while homes that have a hail resistant roof get a $33 discount. Newly constructed Greenville homes receive discounts of $242 on home insurance rates.
Home insurance companies provide special discounts to Greenville homeowners based on their profession. Teachers, army personnel, and federal government employees can avail of special discounts on homeowners insurance. Also, senior homeowners in Greenville can avail of discounts of up to $154 on homeowners insurance. Home insurance companies provide discounts to homeowners, depending on their claims history. Home insurance rates in Greenville can increase by up to $154 based on the type and number of claims. Greenville homeowners with a claims-free history can avail of discounts of up to $132 on home insurance.
The property crime rate in Greenville is 43.16 per 1,000 residents. Specifically, the burglary rate in Greenville is 5.91 per 1,000 residents. Homes equipped with safety devices are less prone to burglaries. Home insurance companies encourage Greenville homeowners to enhance the safety features of their homes by offering attractive discounts as incentives. For instance, Greenville homes with deadbolts and fire extinguishers can avail of discounts of $121 and $110, respectively, on homeowners insurance. Homes installed with burglar alarms and smoke detectors receive a discount of $99 and $121, respectively, on homeowners insurance.
Additionally, home insurance companies offer discounts to homeowners based on their lifestyle choices. Greenville homeowners can earn considerable amounts of discounts if all the household members are non-smokers. Households without pets and swimming pools can also avail of discounts on home insurance.
The average homeowner's insurance in Greenville, SC, is $827 per annum. According to Vhome’s analysis, Greenville homeowners can save as much as $328 by comparing quotes and reviews from different home insurance companies.
Home Insurance Company Ratings
Greenville homeowners can narrow their search on home insurance companies with the help of the ratings awarded to them by reputable agencies. For example, A.M. Best awarded a financial strength rating of A+ (superior) to USAA, and J.D. Power awarded a rating of 5/5 for customer satisfaction.
Home insurance agents work with Greenville homeowners to provide personalized quotes depending on their requirements. Home insurance companies provide discounts to homeowners by taking different features of the home into consideration, such as the age of home, safety features, and distance to public agencies, before deciding on the quote.
Home insurance companies have numerous endorsements and add-on coverage policies to meet the requirements of Greensville homeowners. The endorsements and add-on coverage policies vary between one home insurance company to another. Greensville homeowners are recommended to choose the insurance company that offers add-on policies that best suit their needs.
Greenville homeowners are recommended to choose home insurance companies that provide 24/7 customer support. Home insurance companies should be quick to address customer queries. J.D. Power’s customer satisfaction score will help Greensville homeowners choose companies that offer good customer service.
Home insurance companies require proof of loss statements along with documentation to process claims. The speed at which claims are processed varies between one home insurance company to another, with 40 days being the maximum time as dictated by state law. Greenville homeowners are advised to choose home insurance companies that require minimalist documentation and process claims swiftly.
|Greenville, SC Home Value||Total Homes||% of Total||Average Greenville, SC Homeowners Insurance|
|Less than $50,000||4,704||8.0%||$131|
|$50,000 to $59,999||1,324||2.0%||$270|
|$60,000 to $69,999||2,193||3.0%||$336|
|$70,000 to $79,999||2,152||3.0%||$393|
|$80,000 to $89,999||3,036||5.0%||$442|
|$90,000 to $99,999||3,072||5.0%||$500|
|$100,000 to $124,999||6,681||11.0%||$574|
|$125,000 to $149,999||7,119||12.0%||$721|
|$150,000 to $174,999||6,432||11.0%||$852|
|$175,000 to $199,999||4,980||8.0%||$984|
|$200,000 to $249,999||6,292||11.0%||$1189|
|$250,000 to $299,999||4,273||7.0%||$1451|
|$300,000 to $399,999||4,582||8.0%||$1845|
|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|
|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|
|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 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|
|Low Deductible||High Deductible|
|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|
|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|
|Home Details||4 Beds, 2 Baths||5 Beds, 3 Baths||3 Beds, 1 Baths|
|Deductible||$2500-$5000 Deductible||$5000 to $10,000 Deductible||$2500-$5000 Deductible|
|Year Built||Home Value||Roof Type||Sqft||Number of Bedrooms||Deductible||Premium||Premium Months||Siding Type||Smoker/Non Smoker|
|1972||200,000||Asphalt Shingles Roof||1,830||3||$500 Deductible||1080||8||Stucco siding||No|
|1962||220,000||Slate Shingles Roof||2,620||4||$1000-$2500 Deductible||420||4||Stone Siding||No|
|1985||310,000||Composition Roof||3,490||5||> $10,000 Deductible||360||4||Brick siding||No|
|2008||155,000||Shingles Roof||1,590||2||$500- $1000 Deductible||740||9||Stone Siding||yes|
|1981||195,000||Slate Shingles Roof||2,070||3||$2500-$5000 Deductible||1570||12||Vinyl siding||yes|
|1964||410,000||Composition Roof||4,980||5||$1000-$2500 Deductible||2190||10||Brick siding||yes|
|1990||85,000||Wood Shake Roof||920||2||$1000-$2500 Deductible||520||10||Vinyl siding||No|
|2001||265,000||Shingles Roof||2,650||4||$1000-$2500 Deductible||130||1||Stucco siding||No|
|1968||155,000||Wood Shake Roof||1,670||2||$5000 to $10,000 Deductible||230||3||Brick siding||yes|
|1980||240,000||Shingles Roof||2,270||5||$500 Deductible||840||4||Vinyl siding||yes|
|2014||125,000||Tile Roof||1,230||3||$2500-$5000 Deductible||240||4||Vinyl siding||No|
|1985||185,000||Membrane Roof||1,740||4||$500 Deductible||1000||7||Stucco siding||yes|
|2014||210,000||Slate Shingles Roof||2,160||3||$500 Deductible||690||6||Fiber-Cement Siding||yes|
|1983||240,000||Composition Roof||2,330||4||$500 Deductible||380||2||Stucco siding||yes|
|1977||125,000||Asphalt Shingles Roof||1,380||2||$1000-$2500 Deductible||610||9||Stone Siding||yes|
|1999||135,000||Asphalt Shingles Roof||1,540||2||$2500-$5000 Deductible||310||5||Vinyl siding||yes|
|1993||285,000||Asphalt Shingles Roof||3,770||5||$500 Deductible||540||3||Fiber-Cement Siding||yes|
|2014||150,000||Membrane Roof||1,410||2||$500- $1000 Deductible||1010||12||Wood siding||yes|
|1965||405,000||Tile Roof||4,530||5||$500- $1000 Deductible||3060||10||Brick siding||yes|
|1999||110,000||Slate Shingles Roof||1,450||2||$500 Deductible||680||7||Stone Siding||No|
|2012||145,000||Shingles Roof||1,660||2||$500 Deductible||1010||12||Wood siding||yes|
|1983||110,000||Tile Roof||1,060||2||$500- $1000 Deductible||630||8||Brick siding||No|
|2004||185,000||Composition Roof||2,060||4||$500- $1000 Deductible||320||4||Stone Siding||No|
|1962||120,000||Membrane Roof||1,230||2||$500 Deductible||1060||12||Stone Siding||yes|
|1990||260,000||Membrane Roof||3,000||4||$1000-$2500 Deductible||830||6||Brick siding||No|
|1993||180,000||Asphalt Shingles Roof||1,920||5||$5000 to $10,000 Deductible||320||5||Brick siding||yes|
|1995||310,000||Metal Roof||3,000||4||$500 Deductible||1200||7||Stone Siding||yes|
|2004||215,000||Tile Roof||2,690||4||$500 Deductible||630||4||Vinyl siding||yes|
|1997||90,000||Membrane Roof||1,060||2||$500 Deductible||50||1||Stone Siding||yes|
|1971||350,000||Membrane Roof||4,690||5||> $10,000 Deductible||170||1||Stone Siding||No|
|1969||230,000||Metal Roof||2,512||4||$500 Deductible||1730||9||Stone Siding||No|