Homeowners Insurance in Charleston County (Mount Pleasant: mortgage, broker, how much)

[SRmom]

I really need help!! I am so excited that I just brought a new home in Mount Pleasant. My problem is I am having difficulty finding homeowners insurance. The only quote so far has been from State Farm. Allstate, Nationwide both are not writing policies. Most are saying they can broker out but it is so expensive.
Please give me advice!! I am starting to panic

[danhanson]

I'm with a group that's fighting the high cost of homeowners insurance in "coastal" Alabama. We're teaming up with similar groups in Mississippi, Florida and elsewhere. I wondered how your homeowners wind and hail insurance experience went after you posted this?
God bless,
dan

Originally Posted by SRmom

I really need help!! I am so excited that I just brought a new home in Mount Pleasant. My problem is I am having difficulty finding homeowners insurance. The only quote so far has been from State Farm. Allstate, Nationwide both are not writing policies. Most are saying they can broker out but it is so expensive.
Please give me advice!! I am starting to panic

[CharlestonHelp]

For others out there, it's always a good idea to make your purchase contract contingent upon buyer obtaining reasonable hazard insurance at their sole discretion. You never know who's writing policies and how much it will be.

SRmom, the above sentence was not targeted at you! Please know that Who do you have your auto with? I would see if you can bundle your insurance with them.

[USCJoe]

CharlestonHelp makes a very important point in recommending that any offer contain a contingency regarding the buyer being able to obtain "affordable" insurance within a certain period of time after ratification of the contract. Because of insurance issues on the coast, it is just as important to see whether one can obtain affordable insurance on a home under consideration as it is to get "pre-approved" for a mortgage prior to submitting an offer on a home. A competent "Buyers Agent" when submitting an offer for one of their clients, will include a comprehensive contract addendum along with the standard South CarolinaSales Contract protecting their client's interests. "Affordable Insurance" is just one of the many clauses found in such an addendum.

Originally Posted by CharlestonHelp

For others out there, it's always a good idea to make your purchase contract contingent upon buyer obtaining reasonable hazard insurance at their sole discretion. You never know who's writing policies and how much it will be.

SRmom, the above sentence was not targeted at you! Please know that Who do you have your auto with? I would see if you can bundle your insurance with them.