Spartanburg, SC Home Insurance - Analysis On Quotes, Rates & Agents
Spartanburg Insurance Rates:
Spartanburg, SC homeowners insurance is roughly $680 to $923, about $56-$76/month. Our exhaustive research reveals consumers can save as much as $320 by comparing multiple quotes. Enter your zipcode below and click “GO” to get multiple free quotes.
Find the Cheap Homeowners Insurance in Spartanburg, SC
Spartanburg, SC, has a lot to offer, from its beautiful landscapes to friendly people. Spartanburg is an extraordinary place to live and visit. It is located just an hour away from Myrtle Beach's beaches. So people who are laying down their roots in Spartanburg now is the time to take a look at homeowners insurance. Homeowners insurance helps protect people, their house, and their belongings. With this insurance, you could get coverage to help pay for things like repairs to your home or land after a natural disaster hits. This insurance can also help repair or replace lost belongings if someone breaks-in or burglarizes your home. It may even provide protection if someone slips, falls, or is hurt while on your property.
The average cost of home insurance in Spartanburg, SC, is $830. The cost of insurance is decided after analyzing certain factors, including the age of the home, materials used to construct your home, deductibles and coverage type, claim history, and security features.
VHome, through its research, has explored these factors in detail.
a. Home insurance Spartanburg based on the deductibles
A deductible is the insurer's money towards an insured loss. For example, if a hail storm causes collateral damage, the homeowner policy will cover your repair cost minus your deductible.
Homeowners in Spartanburg typically choose to pay a deductible of 1000 and 2000, where the premium charged is $741.85 and $633.95, respectively. Homeowners who choose to pay a low deductible have to pay a higher premium. For instance, homeowners who opted for a deductible of 500 pay $820.04 towards their home insurance in Spartanburg.
b. Home insurance Spartanburg based on the materials used
Materials used to build your home play a crucial role in determining the cost of insurance. Homes constructed using sturdy materials are less prone to damage or other repairs. For instance, houses built with hail-resistant roofs pay $805.1, whereas homes built with damage-resistant materials like Masonry and Brick pay $788.5 in Spartanburg.
c. Home insurance Spartanburg based on the age of the home
To decide the home insurance in Spartanburg, the age of the home matters. Simply, the older your home, the more premium you pay on home insurance in Spartanburg, SC. This is because as homes age, so do the materials used to build your home. For example, homes older than 30 and 50 years pay $842.45 and $861.54, respectively. On the other hand, newly built homes are less prone to damage, and home insurance providers proffer considerable discounts to newly constructed homes. For instance, newly built homes in Spartanburg can get lower insurance of $589.3.
Tips For Choosing The Best Spartanburg, SC, Home Insurance Company
In Spartanburg, South Carolina, homeowners pay an average home insurance rate of $830, which is significantly lower than the national average premium of $1,438. Below are some of the factors that Spartanburg homeowners should consider before choosing the home insurance company that best suits their coverage needs.
A.M. Best Rating
Financial strength is referred to as the capacity of an insurance company to grant current policyholders’ claims. Spartanburg homeowners are recommended to opt for home insurance companies with high financial strength ratings. A.M. Best rates home insurance companies based on their financial strength. Spartanburg homeowners can follow these ratings to identify home insurance companies with a high financial capacity.
J.D. Power Score
J.D. Power awards home insurance companies with a score based on the feedback collected from current policyholders. The customer satisfaction score of an insurance company is calculated using policy coverage, insurance rates, discounts, customer handling, and the speed at which a claim is processed. Spartanburg homeowners can use the J.D. Power Score to choose insurance companies that ensure the satisfaction of policyholders.
Comparing Quotes
Home insurance companies use different parameters to calculate home insurance rates. Home insurance quotes can differ from one insurance company to another. Spartanburg homeowners should obtain quotes from multiple home insurance companies to choose the cheapest one. Homeowners should also consider the add-on policies offered by home insurance companies, in addition to the standard home insurance policy.
Deductibles Vs. Insurance Rates
Spartanburg homeowners can opt for high deductibles to lower their home insurance. The deductibles and the corresponding reduction in home insurance rates differ from one home insurance company to another. Spartanburg homeowners are advised to choose the home insurance company that offers the highest discount for their deductible.
Claims Processing Speed
Home insurance companies should be swift in processing the claims of homeowners. Homeowners are generally given a time period of 10 to 30 days to file a claim in case of damages. Once submitted, home insurance companies take a maximum of 40 days to review the claim and accept or deny it. Spartanburg homeowners are suggested to choose home insurance companies with a simple and swift claims processing system.
Spartanburg, SC Homeowners Insurance By Home Value
| Spartanburg, SC Home Value | Total Homes | % of Total | Average Spartanburg, SC Homeowners Insurance |
|---|---|---|---|
| Less than $50,000 | 3,142 | 12.0% | $168 |
| $50,000 to $59,999 | 1,226 | 4.0% | $360 |
| $60,000 to $69,999 | 1,216 | 4.0% | $449 |
| $70,000 to $79,999 | 1,317 | 5.0% | $513 |
| $80,000 to $89,999 | 2,079 | 8.0% | $585 |
| $90,000 to $99,999 | 1,657 | 6.0% | $657 |
| $100,000 to $124,999 | 4,101 | 16.0% | $753 |
| $125,000 to $149,999 | 3,252 | 12.0% | $946 |
| $150,000 to $174,999 | 2,316 | 9.0% | $1122 |
| $175,000 to $199,999 | 1,384 | 5.0% | $1291 |
| $200,000 to $249,999 | 1,488 | 5.0% | $1555 |
| $250,000 to $299,999 | 1,002 | 3.0% | $1900 |
| $300,000 to $399,999 | 1,102 | 4.0% | $2422 |
Top Home Insurance Agents Near Spartanburg, SC
| Home Insurance Company Near Spartanburg, SC | Homeowners Insurance Agency Near Spartanburg, SC | Address |
|---|---|---|
| Nationwide | John E Reitz Jr | 1601 Cedar Lane Rd 10 Centre West Plaza, Greenville, SC, 29617-2338 |
| Liberty Mutual Independent | Lindey Insurance Agency Inc | 123 E MAIN ST, DUNCAN, SC, 29334 |
| Liberty Mutual Independent | Peoples Choice Ins & Financial Services | 403 W CHEROKEE ST, BLACKSBURG, SC, 29702 |
| State Farm | Sandra Gladden | 139 Bridges Rd, Mauldin, SC, 29662-1604 |
| State Farm | Terry White | 237 Chesnee Hwy, Gaffney, SC, 29341-2706 |
Spartanburg, SC Home Insurance Agents for Top Companies
Cost Of Homeowners Insurance By Street Near Spartanburg, SC
| Streets in Spartanburg Area | Homeowners Insurance Cost |
|---|---|
| Watkins St, S Gray Beaver Ct, Laurel Bluff, S 687, S 824, Harley Dr, Brisack Rd, S 787, Gerow Ave, Hidden Springs Rd | $788 |
| South Carolina Ave, Sawgrass Ct, Henderson St, Foxcross Rd, Pine Ridge Ct, Leah Dr, Pebblebrook Ct, Bradford Dr, Lucille Ct, S 1767 | $784 |
| Sloans Grove Rd, Longleaf Rd, Usher Ct, E Park Ave, State Rd S-42-4297, State Rd S-42-2275, West St, Keswick Farm Rd, Soft Breezes Ln, State Rd S-42-9740 | $835 |
| W Lee St, Caulder Ave, Winsmith Ave, Tyler Ct, Splawn Town, Rambling Ridge Dr, Inglewood Ave, Rocking Horse Ln, Frontage Rd, Wells St | $794 |
| Vermillian Dr, Woodley Rd, Dewey Ave, Springwood Dr, Caulder Cir, Alpine Trl, W Blackstock Rd, Rip Rap Dr, Strange Ct, Berry Rd | $794 |
| Jeff Davis Dr, Danbury Ct, Lynn Rd, Wheeling Cir, Julia St, Mary Ella Dr, Camp St, Edgebrook Ct, S Liberty St, Culdass Ct | $800 |
| Brown Rd, Dr O C Kirkland Ter, Alice St, Friar Tuck Rd, Franklin Ave, Parkdale Dr, Blanche Cir, Countryside Cir, Farragut Dr, Woodwind Dr | $786 |
| Driftway Pl, Folsom St, Stonecrest Dr, Winsmith Ave, Marrivale Ln, Grant Cir, Mailbu Dr, Exxon Rd, Kearse Ct, French St | $786 |
| Hannon Ct, Hale St, Graham Rd, Brandermill Rd, Serpentine Dr, Watson Rd, N Town Dr, S 686, Anderson Dr Exd, Walker St | $785 |
| Silverton St, S Summit Crest Ct, Chasander St, Cloverleaf Ln, Loche Adele Dr E, Manning St, N Thompson St, Charlevoix St, S 906, S 88 | $788 |
Spartanburg, SC Home Insurance Savings For Senior Occupied Homes
| Place | Savings For Senior Occupied Homes |
|---|---|
| Spartanburg | $120 to $122 |
| Saxon | $115 |
| Arcadia | $116 |
| Spartanburg County | $120 |
Spartanburg, SC Auto & Homeowners Insurance Bundling Discounts
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Saxon CDP, South Carolina | $115 | $153 | $230 |
| Arcadia CDP, South Carolina | $116 | $154 | $231 |
| Spartanburg County, South Carolina | $120 | $160 | $240 |
Spartanburg, SC Area Home Insurance as a % of Housing Cost
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Spartanburg, SC | 6.1% | 21.2% |
| Saxon | 8.42% | 21.01% |
| Arcadia | 9.6% | 29.45% |
| Spartanburg County | 5.97% | 22.61% |
Spartanburg Renters Insurance as a Percentage of Rent
| Spartanburg Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| Less than $200 | 636 | 3.0% | $350 |
| $200 to $299 | 893 | 5.0% | $800 |
| $300 to $499 | 2,355 | 13.0% | $1250 |
| $500 to $749 | 6,496 | 38.0% | $1925 |
| $750 to $999 | 4,279 | 25.0% | $2675 |
| $1,000 to $1,499 | 1,929 | 11.0% | $3800 |
| $1,500 or more | 471 | 2.0% | $5450 |
Spartanburg, SC Home Insurance Costs With Deductible Scenario
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,500 | $2,500 |
| Yearly Spartanburg Homeowner Insurance Premium Example | $1,000 | $800 |
| Out of Pocket Expense During Claim | $1,500 | $2,500 |
| Total Home Insurance Premium for 8 years + Out of Pocket Expense for Claim | $9,500 | $8,900 |
| Net Savings to Spartanburg Home Owner from High Deductible Plan | $600 | |
Spartanburg, SC Home Insurance Costs With Home Replacement Value Scenarios
| Scenario | Spartanburg, SC Home Replacement Value MORE than Home Value | Spartanburg, SC Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $60,000 | $42,000 |
| Insurance Premium based on Replacement Value | $400 | $275 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $5,500 | Risk Exposure from Under Insuring Coverage is $12,500 |
| Premium Impact | Insurance cheaper by $100/year | Insurance costlier by $25/year |
Example Spartanburg Homeowners Insurance Comparison Table to Compare The Cheapest Quotes
| Insurance Company | Allstate | Chubb Group of Insurance | Travelers |
| Monthly Premium | 51 | 95 | 88 |
| Year Built | 2008 | 1991 | 2010 |
| Home Details | 3 Beds, 2 Baths | 4 Beds, 3 Baths | 5 Beds, 4 Baths |
| Coverage Amount | $100000-$125000 | $125000-$150000 | $150000-$175000 |
| Deductible | $2500-$5000 Deductible | $500 Deductible | $500 Deductible |
Sample Home Insurance Rates for Spartanburg, SC from Consumer Reviews & Surveys
| Year Built | Home Value | Roof Type | Sqft | Number of Bedrooms | Deductible | Premium | Premium Months | Siding Type | Smoker/Non Smoker |
|---|---|---|---|---|---|---|---|---|---|
| 1976 | 105,000 | Shingles Roof | 1,660 | 3 | $500- $1000 Deductible | 450 | 6 | Fiber-Cement Siding | yes |
| 1970 | 220,000 | Wood Shake Roof | 3,350 | 4 | $500 Deductible | 540 | 3 | Brick siding | No |
| 1968 | 200,000 | Composition Roof | 2,220 | 3 | $2500-$5000 Deductible | 670 | 7 | Vinyl siding | No |
| 1973 | 135,000 | Tile Roof | 2,030 | 5 | $500- $1000 Deductible | 80 | 1 | Wood siding | No |
| 1964 | 305,000 | Asphalt Shingles Roof | 4,850 | 5 | $500- $1000 Deductible | 930 | 5 | Brick siding | No |
| 2001 | 250,000 | Slate Shingles Roof | 3,000 | 5 | $500- $1000 Deductible | 820 | 4 | Wood siding | No |
| 2004 | 420,000 | Composition Roof | 4,640 | 5 | $500- $1000 Deductible | 1110 | 5 | Vinyl siding | No |
| 2014 | 185,000 | Composition Roof | 2,130 | 5 | $2500-$5000 Deductible | 550 | 6 | Wood siding | No |
| 1975 | 160,000 | Membrane Roof | 1,710 | 5 | $500 Deductible | 790 | 7 | Fiber-Cement Siding | yes |
| 1978 | 260,000 | Asphalt Shingles Roof | 3,370 | 4 | $500 Deductible | 2280 | 12 | Vinyl siding | No |
| 1966 | 140,000 | Composition Roof | 1,870 | 4 | $500 Deductible | 150 | 2 | Stone Siding | No |
| 2012 | 300,000 | Membrane Roof | 3,350 | 4 | > $10,000 Deductible | 980 | 10 | Stone Siding | No |
| 2014 | 135,000 | Metal Roof | 1,530 | 3 | $1000-$2500 Deductible | 620 | 9 | Wood siding | No |
| 1984 | 260,000 | Tile Roof | 3,710 | 5 | $2500-$5000 Deductible | 520 | 4 | Stone Siding | No |
| 1960 | 105,000 | Membrane Roof | 1,580 | 3 | $500 Deductible | 130 | 2 | Stone Siding | No |
| 1969 | 120,000 | Slate Shingles Roof | 1,690 | 5 | $2500-$5000 Deductible | 250 | 5 | Vinyl siding | No |
| 1982 | 185,000 | Membrane Roof | 2,210 | 3 | $500 Deductible | 1230 | 10 | Brick siding | No |
| 1986 | 200,000 | Shingles Roof | 3,090 | 4 | > $10,000 Deductible | 250 | 4 | Brick siding | yes |
| 1995 | 130,000 | Slate Shingles Roof | 2,000 | 4 | $1000-$2500 Deductible | 610 | 10 | Brick siding | No |
| 1960 | 185,000 | Tile Roof | 2,540 | 4 | $500- $1000 Deductible | 390 | 4 | Fiber-Cement Siding | No |
| 1975 | 370,000 | Composition Roof | 4,300 | 5 | $5000 to $10,000 Deductible | 1990 | 12 | Fiber-Cement Siding | yes |
| 2005 | 345,000 | Tile Roof | 4,990 | 5 | $2500-$5000 Deductible | 1880 | 9 | Vinyl siding | yes |
| 1977 | 105,000 | Membrane Roof | 1,550 | 3 | $500 Deductible | 500 | 6 | Brick siding | No |
| 2013 | 240,000 | Slate Shingles Roof | 3,660 | 5 | $2500-$5000 Deductible | 310 | 2 | Brick siding | yes |
| 1990 | 155,000 | Membrane Roof | 2,050 | 4 | $2500-$5000 Deductible | 170 | 2 | Brick siding | No |
| 1977 | 190,000 | Metal Roof | 2,480 | 5 | $500 Deductible | 180 | 2 | Vinyl siding | No |
| 1986 | 85,000 | Shingles Roof | 1,370 | 3 | $1000-$2500 Deductible | 90 | 2 | Brick siding | yes |
| 1965 | 125,000 | Asphalt Shingles Roof | 1,990 | 4 | $2500-$5000 Deductible | 170 | 3 | Vinyl siding | No |
| 2002 | 135,000 | Wood Shake Roof | 1,870 | 4 | $500- $1000 Deductible | 650 | 8 | Brick siding | No |
| 1971 | 100,000 | Metal Roof | 1,360 | 3 | $500 Deductible | 620 | 9 | Vinyl siding | No |
| 1999 | 110,000 | Composition Roof | 3,520 | 4 | $2500-$5000 Deductible | 760 | 6 | Stucco siding | No |
Latest Home Insurance Reviews
AllstateThey provide assurance to security to all disasters And which made my peoples happy
AllstateMy policy is the cheapest I could find as I shop around annually to determine if I can save money elsewhere.
St. Johns Insurance CompanyWhen talking to even the first contact at the call center, they had a lot of information to answer my questions.
Grange InsuranceGrange offers flood insurance for a failed sump that i dont think others offer. dont offer at least as part of the "standard" coverage.
AllstateI have had Allstate home insurance for over 10 years and have not had any bad issues. The cost of coverage goes up every year however I figure it would be that way with any insurance so I have not looked into changing companies for years.
TravelersWith Travelers, they offer decent deductible prices whereas as other companies didn't offer as many. I chose Travelers because it was all around better than the competition.
GeicoGeico home insurance is the best out there. they are priced reasonably and they have excellent customer service. i highly recommend them.
AllstateAlways satisfied with the results of my service. i have only once had to contact a theft but i have received the full value towards my missing items.
NationwideI do not like the insurance agent locally that I was assigned to. The customer service people are great, but the local agent is a bit of a dim bulb, and she e-mails me a lot. I do not like that.
State FarmI do know receive a lot of unnecessary communication, which I like. When I do receive communication is it valuable and well delivered.
State FarmAll employees have been very helpful. When I call the office they seem to make me a priority. I have received text reminders about payment due, which I like the most
AllstateI dislike the lack and ease of communication between local office and what actually gets done and shows up in our mailbox or is reflected in online bills. Any change to our information always requires us to contact local office instead of simply doing these things online.
ProgressiveI like this insurance company because the rates are fair. I also like the ease of using their website and think they are very competitive.
GeicoI like the paperless billing, automatic payments, and the easy to use interface of their site.
TravelersIt's easy. No hassle, no crazy rate increases. It's not an issue, and they've been friendly when I've spoken to them. I haven't had any issues. I pay online, I haven't filed a claim in years.
ProgressiveI am extremely satisfied with my insurance company and the professional customer service they provide. I will continue to use their services for many years to come.
Farmer's InsuranceCan't really say that I dislike anything but High Payment.
State FarmI love that I can trust them, they are dependable, the excellent customer service, the mutli use discounts, ease to contact they are always touching base with me on my insurance needs and adjusting it as needed
Safeco InsuranceSafeco has good rates, excellent customer service, and were able to help us through our recent insurance claim without issue. Highly recommended.
Safeco InsuranceI would recommend Safeco for home insurance (especially if you have other policies, such as car insurance, through them) because they are easy to work with and offer a good deal on premiums.
Liberty MutualI would recommend the, I have not had a bad experience with customer service and have been able to do most of what I want to look up or change online. I ahve not had to make a claim, so I am unsure how that process would work however.
State FarmOverall I enjoy the company, but I have had some trouble switching to electronic payments. This was resolved eventually but it was a pain for a while.
AllstateAmazing customer service along with great communicative people that honestly becomes a joy to work with them.
ProgressiveI would definitely recommend Progressive for home insurance based on my experience with their cost, offerings, and customer service.