Summerville ,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 Summerville, 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 Summerville, SC is $1930. Enter your zipcode below and click “GO” to get multiple free quotes.
It is important to understand the different coverage options available in Summerville, SC. VHome Insurance will help you navigate the world of homeowners insurance coverages in Summerville, SC.
| Coverage Level | Average Annual Premium |
|---|---|
| $100,000 | $772 |
| $200,000 | $1,312 |
| $300,000 | $1,621 |
| $400,000 | $2,470 |
| $500,000 | $3,107 |
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 Summerville, SC, and how to choose the right one for your needs.
| Deductible Level | Average Annual Premium |
|---|---|
| $500 Deductible | $1,979 |
| $1000 Deductible | $1,770 |
| $1500 Deductible | $1,669 |
| $2500 Deductible | $1,505 |
| $5000 Deductible | $1,274 |
| Home Insurance Company Near Summerville, SC | Homeowners Insurance Agency Near Summerville, SC | Address |
|---|---|---|
| Liberty Mutual Independent | Ais Insurance | 864 Lowcountry Blvd Ste B, MT PLEASANT, SC, 29464 |
| Allstate | Bill Baker | 4892 Ashley Phosphate Rd Ste B, Charleston, SC, 29418 |
| Travelers | Drivers Choice Insurance Services Llc | 1836 ASHLEY RIVER RD STE 2, CHARLESTON, SC, 29407 |
| State Farm | Emily Laplante | 3575 Maybank Highway Suite H, Johns Island, SC, 29455-4871 |
| State Farm | Rick Iriart | 669 Marina Dr Ste A4, Daniel Island, SC, 29492-8120 |
| Place | 1 Car Bundle Savings On Insurance | 2 Car Bundle Savings On Insurance | 3 Car Bundle Savings On Insurance |
|---|---|---|---|
| Lincolnville town, South Carolina | $99 | $131 | $197 |
| Ridgeville CCD, Dorchester County, South Carolina | $100 | $133 | $200 |
| Ladson CDP, South Carolina | $101 | $134 | $201 |
| Place | Home insurance as a % of housing cost for homes with mortgage | Home insurance as a % of housing cost for homes without mortgage |
|---|---|---|
| Summerville, SC | 4.7% | 16.2% |
| Lincolnville | 4.77% | 19.08% |
| Ridgeville | 6.24% | 18.11% |
| Ladson | 5.54% | 17.98% |
| Summerville Home By Monthly Rent | Total Homes | % of Total | Estimated Monthly Income To Afford Rented House Including Renters Insurance |
|---|---|---|---|
| $200 to $299 | 134 | 1.0% | $787 |
| $300 to $499 | 333 | 2.0% | $1237 |
| $500 to $749 | 1,881 | 15.0% | $1912 |
| $750 to $999 | 3,928 | 33.0% | $2662 |
| $1,000 to $1,499 | 4,228 | 35.0% | $3787 |
| $1,500 or more | 1,238 | 10.0% | $5437 |
| Streets in Summerville Area | Homeowners Insurance Cost |
|---|---|
| Colleton Ave, Old Trolley Rd, Grande Belle Ln, Tidewater Dr, Vickie St, Alma Dr, Blueridge Trl, Guilford Dr, Cherry Pl, Branton Dr | $835 |
| Christina Ln, Ladson Rd, Cat Tail Pond Rd, Winningham Rd, Co Rd S-18-748, Vernon Pl, Linda Ln, Maidstone Dr, Cassels Ln, Rice Mill Dr | $841 |
| Corey Blvd, Cobley Pl, Malvasia Ct, Blackberry Ln, Mary St, Goldfinch Ln, Co Rd S-18-732, Elizabeth St, Felix St, Bob's Lake Rd | $818 |
| Holly Berry Ln, Ashton Cove, Ashley River Dr, E Liberty Meadows Dr, Kody Ln, Dan Miler Ln, Mayfair Ct, Wando Dr, Foxglove Ave, Clairmont Ln | $862 |
| Tyvola Dr, Preston Ave, Co Rd S-18-453, Weathers Ct, Breeders Cup Dr, Lee St, Action Ln, Louise Ct, Warrell Cir, Kirksey Dr | $855 |
| Jo Fur Ln, Pheasant Run Rd, Meadowbrook Ct, Sageborough Dr, Co Rd S-18-650, Plantation House Rd, Louis St, Shadowglen Dr, Sandpiper Dr, McAlheney Dr | $869 |
| Harlesden Ln, Willet Dr, Oakmont Ave, Willowbend Ln, Rice Cir, Co Rd S-18-700, W Butternut Rd, Germander Ave, Co Rd S-18-648, Co Rd S-18-452 | $816 |
| Waxhaw Cir, Co Rd S-18-58, Joyce Ln, Flamingo Dr, Hardee Ave, Noble Dr, Willoway Cir, Laurens Ct, Wicker Ct, Clover Ave | $833 |
| Simons Ave Exd, Jackson St, Appian Way, Bernay Ct, Knight Ave, Coventry Ct, Two Pond Loop, Limehouse Dr, Amaranth Ave, Canvasback Dr | $812 |
| Co Rd S-18-390, Wannamaker Ave, Claussen St, Co Rd S-10-881, David Dr, W Richardson Ave, Fire Fly Ln, Cooper's Ridge Blvd, N Split Oak Ct, Blufton Ct | $812 |
| Place | Savings For Senior Occupied Homes |
|---|---|
| Summerville | $124 to $126 |
| Lincolnville | $118 |
| Ridgeville | $120 |
| Sangaree | $121 |
| Low Deductible | High Deductible | |
|---|---|---|
| Deductible | $1,400 | $4,400 |
| Yearly Summerville Homeowner Insurance Premium Example | $2,500 | $1,900 |
| Out of Pocket Expense During Claim | $1,400 | $4,400 |
| Total Home Insurance Premium for 7 years + Out of Pocket Expense for Claim | $18,900 | $17,700 |
| Net Savings to Summerville Home Owner from High Deductible Plan | $1,200 | |
| Scenario | Summerville, SC Home Replacement Value MORE than Home Value | Summerville, SC Home Replacement Value LESS than Home Value |
|---|---|---|
| Replacement Value | $167,000 | $107,500 |
| Insurance Premium based on Replacement Value | $1,575 | $1,025 |
| Risk Exposure from Under Insuring Coverage | Unnecessary Home Insurance Coverage of $34,000 | Risk Exposure from Under Insuring Coverage is $25,500 |
| Premium Impact | Insurance cheaper by $225/year | Insurance costlier by $325/year |
| Insurance Company | GEICO Insurance | Travelers | State Farm |
| Monthly Premium | 94 | 109 | 116 |
| Year Built | 1982 | 2002 | 1998 |
| Home Details | 3 Beds, 1 Baths | 4 Beds, 2 Baths | 5 Beds, 3 Baths |
| Coverage Amount | $150000-$175000 | $200000-$250000 | $175000-$200000 |
| Deductible | $1000-$2500 Deductible | $1000-$2500 Deductible | $500- $1000 Deductible |