South Carolina has a population of around 5 million, with an area of 32,020 sq miles. On its north, it is flanked North Carolina, to the south Georgia, and the southeast the Atlantic Ocean. Its capital is Columbia. The climate in South Carolina is humid, with hot summers throughout the state.
It has a booming tourist industry as Charleston, Hilton Head, and Myrtle Beach are all popular East Coast vacation destinations. Its affordable beaches and many golf courses attract families to holiday here. The most populous area is the Greenville-Anderson-Mauldin metropolitan area. Headquarters of the famous Michelin North America, global technology giant ScanSource, and Denny’s restaurant chain are here in South Carolina. Large corporations like Boeing have an aircraft manufacturing facility in Charleston, and the Domtar Corporation’s U.S. office is in Fort Mill.
Some of the best, up and coming places to live in South Carolina are Forest Acres, Irmo, and Seven Oaks in Columbia. Other areas are Fort Mill, Five Forks, Tega Cay, and Clemson. Beautiful homes in sylvan surroundings can be found in Mount Pleasant and James Island in Charleston, as well.
According to a report of the Federal Emergency Management Agency (FEMA), on average, 10–15 earthquakes a year below magnitude 3 occur in South Carolina. It is also prone to cyclones and tornadoes, averaging around 14 tornadoes annually! In the past, Hurricane Hazel in 1954 and Hurricane Hugo in 1989, have been two of the strongest hurricanes to strike South Carolina. Also, Hurricane Charley and Hurricane Frances in 2004 caused a lot of damage to houses. Further, in 2015 and 2016, South Carolina experienced devastating rainfall-induced flooding. Your precious home in South Carolina could be at risk due to an increased probability of cyclones, tornadoes, or earthquakes in the state as well as serious damage to your property due to plumbing leakage, electricity outage, flooding, seepage, mold, theft, fire, etc.
Getting a good insurance company that will address your individual needs and be dedicated to reducing and preventing losses may seem like a distant dream. However, in South Carolina, we have some excellent Insurance companies like Travelers Companies Inc, Liberty Mutual, Chubb, Zurich, Hartford Financial Services, Berkshire Hathaway Inc, AIG, Nationwide Mutual Group and CNA.
According to the Insurance Information Institute, the annual premium amount paid homeowners in South Carolina is $1269 on average, while the amount for those who rent homes is $188.
To help homeowners, following a loss, many insurance companies also offer full replacement cost coverage without deductions for depreciation, settlement of a claim in cash, and even provide for additional living expenses and extended rebuild coverage above the policy’s limit. Interpreting policy clauses and making sure that you receive an equitable settlement is rarely a straightforward process. For that, you need a public adjuster who will handle matters on your behalf, and sometimes high net worth public insurance adjusters even take the assistance of building structural consultants, engineers, water damage restoration consultants, mold hygienists, and content examiners to prepare your complicated claim.
A South Carolina public adjuster licensed the State Department of Financial Services is the only one who can legally represent you during the claims process. Just reach out to our experienced public adjusters with any questions or call today for a free claim review.