Calhoun Falls, SC Homeowners Insurance Rate Quotes!
If you are in need of lower rates for homes in the Calhoun Falls area, then we have competitive rates available for all homeowners living nearby. We can compare up to 12 affordable Calhoun Falls, SC rates and enhanced coverage options including coverage for fire, lightning, high winds, theft and falling objects like trees and power lines. A standard Calhoun Falls, SC homeowners policy can certainly help protect your home, but you will need an additional coverage for flooding or even wind and hail damage depending on the location of your home. Our job at GetHomeInsuranceQuotes.com is to help you get the quotes you need all from one place. Our hassle free online home insurance quoting process will allow you to quickly see which companies have the best Calhoun Falls home insurance rates available for your home. You can start by entering the zip code of your property address or you can give us a call now at 1-866-918-3404.
Average Calhoun Falls Home Insurance Rates Review
In Calhoun Falls, the average population size is around 2,759. There are over 1,142 occupied residents living within the Calhoun Falls city limits. For home affordability, the average home value per zip code in Calhoun Falls is around $56,100. The average homeowners insurance premium for a basic HO-3 policy is currently estimated around $996 per year, while the national average is at $1,311. You can get rates as low as $746 per year depending on the age of your home, the heated square footage and available discounts. If your homeowners insurance premium in Calhoun Falls has increased due to claims history, construction type or coverage limits and your current rate is above the state average of $1,327, then you may want to shop your policy to see if we can provide more affodable rates. Let us help you evaluate your coverage options and get the lowest premium possible with the best coverage protection.
Compare Homeowners Insurance Rates in Calhoun Falls, SC!
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Calhoun Falls, SC Insurance Quotes & Service
With over 20 years of South Carolina homeowners insurance coverage and quoting experience, we enjoy helping customer find the best price and coverage options for your home in Calhoun Falls, SC. Our new carrier platform includes quick rates from the very best insurance companies, like Liberty Mutual, Safeco Insurance, Tower Hill, ShoreOne, Kind Group Underwriting, AIG, Chubb, Travelers, National General, Heritage Insurance and the South Carolina Wind and Hail Underwriting Association for wind and hail insurance policies. Getting the best insurance rates with the right insurance company is key to protecing your Calhoun Falls home. Let us help you shop the best rates and coverages today!
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Average Rates Nearby Calhoun Falls
Are you looking for homeowners insurance in a city near Calhoun Falls? Review coverage options and average rates in your area by clicking your city below. We can help you shop home insurance rates!
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Home Insurance Rates by Zipcode in Calhoun Falls, SC
Easily review average rates and get multiple homeowners insurance quotes by clicking your zip code below located in Calhoun Falls.
Calhoun Falls, SC Home Insurance Average Premiums
$746 /yr.
For the city of Calhoun Falls, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.
| Coverage Amount: | Annual Premium |
|---|---|
| 1800 sq. ft. or below (discounts applied) | $746 /yr. |
| Average Coverage: | $996 /yr. |
| 2600 sq. ft. or higher (all discounts applied) | $1296 /yr. |
What is the average home insurance cost for a home in Calhoun Falls, SC?
- • The average homeowners insurance premium paid annually for a home in Calhoun Falls is around $996 per year.
What does it cost on average per month for home insurance in Calhoun Falls, SC?
- • Homeowners in Calhoun Falls pay an average cost per month around $83.00 for insurance coverage.
Calhoun Falls, SC - 2023 Housing Information
| Month | Current Home Value (2023) | Last Year Home Value (2022) |
|---|---|---|
| January | $65,956 | $62,959 |
| February | $69,004 | $62,899 |
| March | $74,255 | $63,148 |
| April | $78,487 | $63,598 |
Homeowners insurance will help cover the cost to repair or replace your Calhoun Falls home if it is damaged or destroyed by a covered peril, up to your coverage limits. A homeowners policy is made up of a few different coverages. Here are the most common coverages:
- Dwelling: This coverage will pay to repair or replace the structure of your home if it is damaged or destroyed. Review and Calculate Replacement Cost Coverage in Calhoun Falls
- Liability: This coverage will help cover medical and legal bills if someone is injured in your home, slipping on an icy sidewalk for example. It also offers protection if you damage another person’s property, your child hitting a baseball through a neighbor’s window for example.
- Contents: This covers the cost to replace your personal possessions that are destroyed by a covered peril. Furniture, electronics, clothing and household goods are excellent examples. Contents coverage is often capped at 50% to 70% of your dwelling coverage.
- Other Structures: This coverage protects other structures on your property such as detached garages, outbuildings, barns, and sheds.
- Loss of use: This covers everyday costs that you incur if you cannot live in your home while it is being repaired due to a claim. It will pay hotel and restaurant bills and even the cost of dry cleaning.
Get up to 12 competitive Calhoun Falls, SC homeowners insurance rates all in one place! |
Saving Money Tips on Calhoun Falls Home Insurance
A great way to save money on Calhoun Falls homeowners insurance is to make sure you are getting all the discounts you are qualified to receive. Here are just a few of the most common discount’s insurers offer:
- Bundling: If you purchase your home and auto (or any other insurance coverage) from the same insurer, you should get a bundling discount. Expect to save 20%-25%.
- Secure your home: Adding a monitored security system, water leak sensors, deadbolts, and smoke detectors should result in a discount.
- Impact resistant roof: If you are replacing your roof, consider impact resistant roofing materials which help prevent hail and impact damage as well as resulting in a significant discount.
- Stay claim free: If you have been claim free for a number of years (five is a common requirement) your insurer should offer a claim free discount.
Are you shopping for the best rate near or wihin the Calhoun Falls area? Check out what homeowners are paying on average for South Carolina homeowners insurance.
Elevation Review for Coastal Wind or Flooding Risk
| Elevation | Details | Homeowners Tips |
|---|---|---|
| 521 ft. | This is the average home elevation in Calhoun Falls, SC | Did you know that the elevation in which your home resides is crucial to a home insurance policy because it determines the risk factor related to your home being in a flood zone. It is important to understand that your home is not covered for floods under a standard homeowners policy. You will need to speak with a local South Carolina flood insurance agent about a flood insurance policy, please give us a call now at 888-620-1954. |
To get online quotes on your home and compare rates on home insurance premiums in Calhoun Falls, enter your zip code above and easily complete our online quoting application. Remember, it's important to speak with us about additional home insurance discounts so you can get the best rate for your home in Abbeville County.
South Carolina Homeowners Insurance News & Information
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Coastal South Carolina Home Insurance Rates Posted on Saturday 30th December, 2023
South Carolina is an amazing place to call home. It is overflowing with world-class cities, beautiful beaches, museums, and restaurants. It is truly a wonderful place to live. Unfortunately, some of our beautiful coastal cities, Myrtle Beach, Charleston and Hilton Head as an example come with some pretty high homeowners insurance premiums if you live […]
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Will my home insurance cover roof replacement? Posted on Saturday 24th December, 2022
The answer to the question “does insurance cover roof replacement,” is not always clear cut. In most cases, it will depend on the reason that your roof needs to be replaced. If your roof has simply reached the end of its life, the cost to replace it will fall to you. On the other hand, […]
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Am I underinsured for hurricane damage? Posted on Thursday 26th August, 2021
Tropical Storm Henri hit the Northeast pretty hard over the last week and for many homeowners the pain caused by the storm could just be getting started. Unfortunately, many homeowners may be underinsured or not have the right coverage in place when it comes to tropical storm and hurricane damage. A recent study by Policygenius […]
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What can increase the cost of your homeowners insurance? Posted on Wednesday 28th October, 2020
If you are in the market for a house, the cost of homeowners insurance is probably not your number one priority but some homes come with risks that could dramatically up the cost of insuring your new home. Knowing what risks can be an insurance issue with a home can help you save not only […]
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Hurricane Isaias is on the same track as Hurricane Dorian – What can we expect? Posted on Wednesday 5th August, 2020
Hurricane Isaias is on roughly the same track as Hurricane Dorian and is the first hurricane to hit the Bahamas since Dorian stalled over the islands as a Category 5 monster killing dozens of people and causing massive destruction. Here is a quick overview of both storms as well as a few tips on how […]
Calhoun Falls, SC Dwelling Coverage Estimate
It is important to calculate your dwelling coverage for your home in Calhoun Falls so you know what type of homeowners insurance coverage you need to cover your replacement cost. It is recommended to have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.
Please remember that replacement cost coverage does not include the cost of the land, only the price to rebuild your home, which is why we like to help customers by answering a few questions that you may have.
What is the average replacement cost coverage in Calhoun Falls, SC?
- The average square footage in Calhoun Falls is around 428 Sq. Ft. which would cost you around $56,100 to replace the home if you base the home on the price to build per square foot of $131.
Minimum Replacement Cost Total: $56,100
Location: Calhoun Falls, South Carolina (Abbeville County)
Average Building Cost Per Square Foot in Calhoun Falls: $131 (low end)
Average Square Footage in Calhoun Falls: 428 Sq. Ft.
| Home Improvement Status | Price per Sq. Ft. | Dwelling Coverage |
|---|---|---|
| None or Very Minor Improvements | $131 | $56,100 |
| Some Additional Upgrades | $164 | $70,125 |
| Major Home Updates or Advancements | $197 | $84,150 |
The dwelling coverage is calculated by the average cost per square foot ($131) in Calhoun Falls, South Carolina times your heated square footage. Which would equal the cost to rebuild your home minus the cost of the property or land. Some homes will have a higher replacement cost due to home improvements like updated kitchens and bathrooms. Other upgrades may include: granite countertops, hardwood floors and stainless steel appliances. The national square foot average to build a brand new home is around 2500 square feet. So if you are looking to build, and your square footage of your new home is 2500, you are looking at a dwelling coverage premium of around $409,375 (Media price to build of $164 x 2500 sq. ft.) to cover the cost to rebuild your new home.
What is the difference between actual cash value and replacement cost value?
Homeowners insurance is available in both actual cash value (ACV) and replacement cost value (RCV). Knowing the difference is important:
Actual cash value: When valuing your personal possessions, an actual cash value policy will take depreciation into account. This means that your 10-year-old TV will be basically worthless according to your insurance company. While an ACV policy tends to be cheaper, if you have to make a claim you may be disappointed in your claim payout.
Replacement cost value: A RCV policy will replace your possessions with brand new items of similar quality regardless of how old they were at the time they were destroyed. While RCV policies are slightly more expensive, they are well worth the cost if you have to make a claim.