South Carolina Flood Insurance

In South Carolina, flood hazards occur due to the effects of severe thunderstorms, hurricanes, seasonal rains, and other weather-related conditions. The low-lying topography, combined with a humid subtropical climate, makes South Carolina highly vulnerable to inland or riverine flooding. Coastal flooding is also a problem and is usually the result of a severe weather system- such as a tropical storm or hurricane. The damaging effects of coastal floods are caused by a combination of storm surge, wind, rain, and erosion.

South Carolina flood insurance provides the necessary protection from destruction and financial devastation caused by floods. Although it may not seem like much, even a few inches of water can cause serious damage resulting in thousands of dollars in repair and restoration costs.

Different types of South Carolina flood insurance policies are available based on your property’s location and flood history:

Standard Flood Insurance Policies

If you live in a community that participates in the National Flood Insurance Program (NFIP), your building and its contents can be covered by standard flood insurance. South Carolina residents should be aware that the NFIP was established by the Federal Government to help communities who “voluntarily participate in the NFIP by adopting and enforcing floodplain management ordinances to reduce future flood damage.” To be considered a flood, the waters must cover at least two acres or affect at least two properties. You must apply for building coverage and contents coverage separately if you choose to invest in a standard flood insurance policy.

Preferred Risk Flood Insurance Policies

If your home or business is in a low or moderate risk zone, your building may qualify for a low-cost preferred risk policy. While you aren't required to purchase flood insurance, South Carolina residents in low-to-moderate risk areas, should consider a preferred risk policy which will protect your home and its contents if you are affected by a small flood or a larger flood that has extended into your low-risk area. In truth, many flood insurance claims occur in low-to-moderate risk areas.

There’s no reason why you should place your home or livelihood at risk. Contact Beacon Insurance Group today and we will get you on the path to superior flood protection with affordable and comprehensive South Carolina flood insurance..