Protect your family's home if something happens to you. Compare top carriers and average costs for South Carolina residents.
Mortgage protection insurance ensures your family can keep their home by paying off the remaining mortgage balance if you pass away. It provides peace of mind that your loved ones won't face foreclosure during an already difficult time.
The South Carolina Department of Insurance regulates all insurance activities. The state has a 10-day free-look period and consumer-friendly claims regulations.
South Carolina has a population of 5.4 million with a median age of 39.9. Mortgage Protection insurance is designed for homeowners with active mortgages, with coverage typically ranging from $50,000 - $500,000.
Compare rates from top mortgage protection insurance carriers.
The table below shows estimated monthly premiums for mortgage protection insurance in South Carolina. Actual rates vary based on age, health, and coverage amount.
| Coverage Amount | Est. Monthly Premium |
|---|---|
| $100,000 | From $30/mo |
| $200,000 | From $50/mo |
| $300,000 | From $70/mo |
| $500,000 | From $111/mo |
* Rates are estimates for a healthy individual. Your actual rate may vary.
These are among the most popular and highly-rated carriers offering mortgage protection insurance to South Carolina residents:
Working with an independent agent like CoverMeOnline gives you access to quotes from multiple carriers so you can find the best rate.
Compare rates from top mortgage protection insurance carriers.
South Carolina life insurance is moderately priced. Final expense policies start around $29/month, and term life coverage is competitively priced for healthy residents.
South Carolina has several military installations. Veterans and active-duty members can access SGLI, VGLI, and private carrier options with competitive rates.
The South Carolina Department of Insurance licenses companies, reviews rates and forms, investigates complaints, and ensures insurer financial stability.