South Carolina Insurance Requirements & Rates

South Carolina requires minimum liability coverage of 25/50/25 (bodily injury per person / per accident / property damage). South Carolina is an at-fault state, meaning the driver who caused the accident is responsible for paying damages. Uninsured motorist coverage is not required but recommended.

South Carolina homeowners face risks from hurricanes, flooding, tornadoes, severe thunderstorms. The flood risk level is high and earthquake risk is moderate. Separate hurricane deductible in coastal counties. The average annual home insurance premium is $2,776.

South Carolina requires riders under 21 to wear helmets. Lane splitting is not legal. Eye protection is required for all riders. The riding season is year-round.

Yes, workers' compensation insurance is required in South Carolina. Businesses with fewer than 4 employees exempt. South Carolina has approximately 500,000 small businesses, with top industries including Automotive Manufacturing, Tourism, Agriculture.

No, South Carolina has not expanded Medicaid. The state uses the federal marketplace at healthcare.gov. The uninsured rate is 10.7%.

Yes, landlords in South Carolina can require tenants to carry renters insurance as a condition of the lease. About 31% of South Carolina residents are renters, with average monthly rent of $1,050.

With a median household income of $59,318, most South Carolina families should consider 10-12x their annual income in life insurance coverage. South Carolina has below-average life expectancy, making adequate coverage especially important. Currently, 47% of South Carolina households have life insurance.