Homeowners Insurance in Fort Mill, South Carolina (2025)

Nestled among the trees along the corner border of the Carolinas and near the banks of the Catawba River, Fort Mill shares some unique characteristics of both South and North Carolina.

While it can be considered an extended suburb of Charlotte, North Carolina, its average home and homeowners insurance prices more closely correlate with its own Palmetto State.

The average cost of homeowners insurance in Fort Mill is about $1,935 yearly, which is 18% higher than the statewide average in South Carolina of $1,641 annually. However, home insurance costs depend on many variables, such as house characteristics and location.

Fort Mill’s inland location helps protect it from direct hits from hurricanes and tropical storms, which are major concerns for insurers in the Southeast. Such natural disasters are the primary culprits of the rising home insurance rates in the region, especially in coastal areas of the state like Charleston, which have higher average premiums.

Several factors beyond natural disaster likelihood affect rates, though. Insurers consider aspects of your property like condition, home age, and value. They’ll also assess your personal characteristics as a policyholder when quoting, such as your claims history.

The many factors that influence rates and the different coverage needs of each policyholder make summing up the average cost of home insurance in a place a little tricky. You may experience different numbers when quoting based on yourself and your property.

Additionally, company underwriting procedures vary from place to place, so you may find different rates when shopping around. It’s essential to get more than one quote when seeking coverage to know you’re getting a good deal. 

Home insurance in Fort Mill, South Carolina covers more than you may think. Your policy doesn’t just begin and end with the walls of your home. It also covers your most precious belongings inside your home and many relevant belongings kept outside.

In addition, it can cover things on your property, existential crises that can occur on it and a multitude of other things. The coverages are too extensive to list in a single paragraph, so we’ll break down all the coverages for you.

Coverage A, or dwelling coverage, extends protections to things like your home’s roof, windows, flooring, doors, hot water heater, air conditioning unit, electrical system, and more. In sum, it protects the components that make up the structure of your home.

This coverage, also called other structures coverage, can help you protect the things on your property like your fence, pool, carport, detached garage, and more. Essentially, it covers the structures that are on your property but aren’t attached to your home, hence its name. 

The amount of coverage you receive is typically 10% of your home’s dwelling coverage, which is the amount your house is actually insured for. So, homeowners with a $300,000 house may have up to $30,000 in coverage for the structures on their property if they need to file a claim for damage.

Personal property coverage, or Coverage C, can help you protect your personal belongings stored on your property. Whether you’re a minimalist or a maximalist, your possessions, however few or many, are covered by this component of your policy. It can help you pay to repair or replace things like your guitar, air fryer, couch, bed frame, vintage jewelry, and so much more. 

It’s also important to note that jewelry and expensive items have coverage limitations that may need to be addressed on a policy-by-policy basis.

This component of your policy, also referred to as loss of use coverage,  protects your finances if your home sustains enough damage that you must temporarily move out during the claims process. In this instance, your policy would likely reimburse you for many additional living expenses, including temporary housing of an equivalent value, storage fees, gasoline, and other necessities. 

This is designed for those existential crises we mentioned earlier. If someone is injured on your property, you accidentally cause damage to someone else’s property or your dog bites someone — and you’re found liable for any reason — liability coverage, or Coverage E, can kick in and help save the day.

It can help pay for medical expenses, repair costs and even legal fees if the other affected party decides to sue you. The standard amount of coverage is usually $250,000 per claim, but you can typically get all the way up to $1 million in coverage before you need to go outside the box and secure an umbrella insurance policy.

Similar to liability coverage, but different enough to be its own component of your policy, Coverage E, or medical payments to others coverage, can help you pay for minor medical expenses following a guest’s injuries on your property. Different from liability coverage, it can be invoked regardless of fault. 

Plenty of internal and external factors affect the average homeowners insurance cost in Fort Mill. Something like the number of claims you’ve filed in the past can have a major impact on the premiums you pay. While something else, like whether or not you have a centrally monitored home security system, can knock off a few dozen dollars from your premiums.

One of the things that come into play, and is utilized by the South Carolina Department of Insurance in its average premiums calculator, is the use of credit scoring in premium prices. While this number is utilized in borrowing methods, it can also be a good indicator of how reliable one can be in the payment of premiums.

Since Fort Mill is located near the banks of the Catawba River, it’s known for flooding. Major storm systems, such as Tropical Storm Debby in 2024, can also cause flood damage.

Unfortunately, homeowners insurance doesn’t cover flooding. You’ll need a separate South Carolina flood insurance policy to ensure your home is protected on all fronts.

The great news is that flood insurance in Fort Mill usually doesn’t cost more than a few hundred dollars per year. And with the average flood damage reaching up to $25,000 per claim, your premiums will be pennies compared to what you’d spend when a flood does happen.

Getting a homeowners insurance quote is as easy as ever with Clovered. Our online quoting platform is simple to use, extremely intuitive and can compare the premiums of some of the state’s top insurers, so you get the best policy at the best price.

We’re always here to help. If you’d rather speak to a licensed agent on the phone, just call 833-255-4117 Monday through Friday from 8:30 a.m. to 6 p.m. Or you can email us anytime at agent@clovered.com.