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.

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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.

Find_the_Cheap_Homeowners_Insurance_in_Spartanburg_SC

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.

Tips_For_Choosing_The_Best_Spartanburg_SC

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

PlaceSavings 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

PlaceHome insurance as a % of housing cost for homes with mortgageHome insurance as a % of housing cost for homes without mortgage
Spartanburg, SC6.1%21.2%
Saxon8.42%21.01%
Arcadia9.6%29.45%
Spartanburg County5.97%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 DeductibleHigh 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 AllstateChubb Group of InsuranceTravelers
Monthly Premium 519588
Year Built 200819912010
Home Details 3 Beds, 2 Baths4 Beds, 3 Baths5 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

Allstate
My policy is the cheapest I could find as I shop around annually to determine if I can save money elsewhere.
St. Johns Insurance Company
When talking to even the first contact at the call center, they had a lot of information to answer my questions.
Grange Insurance
Grange offers flood insurance for a failed sump that i dont think others offer. dont offer at least as part of the "standard" coverage.
Allstate
I 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.
Travelers
With 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.
Geico
Geico home insurance is the best out there. they are priced reasonably and they have excellent customer service. i highly recommend them.
Allstate
Always 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.
Nationwide
I 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 Farm
I do know receive a lot of unnecessary communication, which I like. When I do receive communication is it valuable and well delivered.
State Farm
All 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
Allstate
I 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.
Progressive
I like this insurance company because the rates are fair. I also like the ease of using their website and think they are very competitive.
Geico
I like the paperless billing, automatic payments, and the easy to use interface of their site.
Travelers
It'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.
Progressive
I 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 Insurance
Can't really say that I dislike anything but High Payment.
State Farm
I 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 Insurance
Safeco has good rates, excellent customer service, and were able to help us through our recent insurance claim without issue. Highly recommended.
Safeco Insurance
I 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 Mutual
I 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 Farm
Overall 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.
Allstate
Amazing customer service along with great communicative people that honestly becomes a joy to work with them.
Progressive
I would definitely recommend Progressive for home insurance based on my experience with their cost, offerings, and customer service.
Allstate
They provide assurance to security to all disasters And which made my peoples happy

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