Hilton Head Island & Bluffton Property Insurance

Hilton Head Island's westward nook provides you with a degree of statistical protection from major hurricanes. With few exceptions (i.e. Hurricane Matthew), we've been very fortunate compared to many beach towns along the Atlantic Seaboard. Regardless, carrying quality insurance is imperative to protecting your investment. Shop around. You can never be over-insured!

JIM PARIS | Realtor®
(843) 422-2491

Homeowners Policy

A homeowners policy covers your structural losses (i.e. fire, lightning), your personal property, liability protection and incurred living expenses. Most homeowners policies DO NOT cover damages due to hurricanes, major named storms, flooding, high winds, hail, or normal wear and tear. Consequently, Hilton Head Island homeowners carry additional policies to address the challenges of coastal living.

Wind Coverage

In 1971, the state legislature mandated that insurance companies make wind and hail coverage available to coastal homeowners. In response, the South Carolina Wind and Hail Underwriting Association (a.k.a. Beach Plan or Wind Pool) began offering policies to eligible homeowners who were unable to secure coverage in the standard insurance marketplace.

Although the SCWHUA provides coverage to all eligible homeowners, you are encouraged to shop around. Better coverage and/or rates can often be found in the standard competitive insurance marketplace.

Flood Coverage

Flood insurance is available through the National Flood Insurance Program (NFIP). NFIP is administered by FEMA and underwritten at the federal level. NFIP provides maximum coverages of up to $250,000 per dwelling, in addition to $100,000 in coverages for your personal property.

HO6 Insurance

If you are purchasing a condominium, villa, or townhome, be aware of the HO6 insurance mandates. If you are financing your purchase, your lender will likely require that you carry HO6 insurance. HO6 will cover your improvements, upgrades, personal property, and furnishings. Investment buyers can purchase additional coverage against rental income loss. HO6 policies start at annual rates in the mid-$300’s.