How Much Is Homeowners Insurance in Myrtle Beach?

There is no single price, because each quote depends on the home. Cost on the Grand Strand is driven mostly by wind and hail coverage, distance from the ocean, roof age and shape, construction, and deductible. Flood insurance is a separate policy. Get quotes on the specific address before your due diligence period ends.

Last updated: October 2026

Why don't we publish an average premium?

Averages hide the differences that matter most to your budget. Two houses a few miles apart can be priced very differently because one is in the coastal wind area and the other is not. Online averages also mix different coverage amounts and deductibles. A quote on the address you are considering is the only number worth budgeting around. Our cost of living guide covers the other monthly costs to plan for.

What makes insurance cost more near the coast?

Wind risk is the main factor. In parts of Horry and Georgetown counties closest to the ocean, some owners cannot get wind and hail coverage from a private company. For them, the SC Wind and Hail Underwriting Association offers wind and hail coverage only, so the owner carries a separate homeowners policy for everything else.

Other factors insurers commonly weigh:

• Roof age, material and shape, since hip roofs generally hold up better in wind than gable roofs
• Construction type and whether the home meets current building code
• Opening protection such as shutters or impact-rated windows
• Hurricane or wind deductible, often written as a percentage
• Claims history on the property

Can you lower the cost?

Yes, wind mitigation features can earn credits. South Carolina law requires insurers writing in coastal areas to include discounts for features like storm shutters and roof tie-downs, as the SC Department of Insurance explained in Bulletin 2007-15. The amount varies by company. Raising your deductible can also lower the premium, though it raises what you pay after a storm.

The state's SC Safe Home program has offered grants for roof and shutter upgrades to eligible owner-occupied homes. As of late October 2026 the portal was not taking new applications, so check the page for the next opening.

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Is flood insurance included?

No. Flood is a separate policy through the NFIP or a private carrier. If the home is in a high-risk flood zone and you have a government-backed loan, it is required. See our flood zone guide for how to check a property.

When should a buyer get quotes?

Request quotes as soon as you are under contract, or before you offer if the home is near the ocean. Give the agent the address, year built, roof age and any mitigation features. Ask for the wind deductible and whether wind is excluded so you know if a separate wind policy is needed.

Frequently Asked Questions

Is homeowners insurance higher in Myrtle Beach than inland?

Homes closer to the ocean generally face more wind risk, which is a major pricing factor. Compare quotes for each address.

Do I need separate wind insurance in Myrtle Beach?

Some homes do. If a private insurer excludes wind, the SC Wind and Hail Underwriting Association may cover wind and hail in the eligible coastal area.

Does a new roof lower insurance?

A newer roof is often viewed more favorably, and certain roof features can qualify for wind mitigation credits. Ask each insurer what it credits.

Can I get insurance quotes before making an offer?

Yes. Many buyers request quotes on a specific address before or right after going under contract.

How Our Team Can Help

Insurance is part of the true monthly cost of a home, and we help buyers line up quotes early. Call or message the Secure Home Finder Team and we will walk you through it, then send you homes that fit.

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