Do you currently own — or are you considering purchasing — a home in Greenville? If so, you likely already know that there’s more to consider than just the mortgage — you’ll want to budget for the cost of homeowners insurance as well.
According to the Value Penguin website, South Carolina homeowners pay an average of just over $1,500 annually on property insurance. If you already own the property, then perhaps you’re ready to make a switch; if you’re still in the market, you should educate yourself on all the available options. In either case, read on for tips on the leading insurance purveyors on the market, and how they stack up.
Nationwide
With an average annual cost of $1,514 for the state of South Carolina, Nationwide scored highest on Value Penguin’s list of most affordable homeowner’s insurance. The company also offers banking and investment opportunities, so if you’re looking to expand your portfolio while also maintaining the value of your home, give Nationwide a try.
State Farm
Rates for State Farm also ran slightly lower than the average, and they’re another good choice for one-stop insurance coverage and investment opportunities. They have some nationwide locations, so even if you’re far from home, it’s easy to locate a professional who can help you with any concerns.
Allstate
Quotes from Allstate were posted at a marginally higher rate for South Carolina than its two closest competitors, but they’re still worth a look for what they offer regarding convenience and quality. The website is easily navigable, and 24-hour roadside assistance is available for its auto insurance holders, meaning you might want to consider a package deal if you choose to go with Allstate.
Liberty Mutual
Liberty Mutual also offers attractive bundling packages, with significantly lower auto insurance rates than its closest competitors when combined with a homeowner’s plan. Renters, life, and motorcycle insurance are also available, so if you’re looking for multifaceted coverage, you might want to give Liberty Mutual the edge.
Geico
This perennial favorite also offers a wide range of insurance packages, including boat and RV, and its mobile app can be synched with the Amazon Echo for added convenience. Be forewarned that the website doesn’t require login for payments, which could be considered a drawback to those worried about security (and if you’re shopping for insurance, you likely fall into that category).
Since information about the home is required to make an accurate assessment, quotes within these parameters are likely to vary. Before going online for a home insurance Greenville quote, be sure you have all the available paperwork at the ready. Bonus tip: Don’t decide until you’ve considered all the options. Sometimes, upon hearing a competitor’s quote, a company will change its tune and offer you a lower rate.
Best of luck to you in your search!