Homeowners Insurance in Myrtle Beach, SC
For a home at Myrtle Beach's median value of $388,800, we estimate about $2,480 a year — +41% versus the South Carolina NAIC average of $1,753.
Estimated homeowners insurance cost in Myrtle Beach
Myrtle Beach's estimate reflects its home values (50% higher than the state median) and FEMA's hazard profile for Horry County.
Natural hazard risk in Myrtle Beach
| Hazard | Risk rating | Score (0–100) | Insurance impact |
|---|---|---|---|
| Hail | 44.5 | Comprehensive (car); roof claims (home) | |
| Tornado | 96.7 | Comprehensive; dwelling | |
| Hurricane | 99.6 | Comprehensive; wind/hurricane deductibles (home) | |
| Inland (river) flooding | 92.0 | Comprehensive; home needs a separate flood policy | |
| Coastal flooding | 87.6 | Comprehensive; home needs a separate flood policy | |
| Strong wind | 87.0 | Comprehensive; dwelling | |
| Winter weather | 95.9 | Collision (icy roads); frozen pipes (home) | |
| Wildfire | 89.9 | Comprehensive; dwelling | |
| Earthquake | 95.9 | Home needs a separate earthquake policy | |
| Lightning | 95.9 | Fire and electrical damage |
Scores are national percentiles of FEMA's county risk (higher means more expected loss than most other U.S. counties).
Estimated premium by home value in Myrtle Beach
| Dwelling value | Wood frame | Brick / masonry |
|---|---|---|
| $200,000 | $1,455 | $1,340 |
| $300,000 | $2,015 | $1,855 |
| $500,000 | $3,035 | $2,790 |
| $750,000 | $4,195 | $3,860 |
Home Insurance Estimator
Homeowners insurance by ZIP code in Myrtle Beach
| ZIP | Median home value | Owner-occupied | Est. premium |
|---|---|---|---|
| 29577 | $299,900 | 59.7% | $2,015 |
| 29572 | $427,400 | 77.9% | $2,675 |
Homeowners insurance in South Carolina · Car insurance in Myrtle Beach · Insurance offices near Myrtle Beach
Frequently asked questions
How much is homeowners insurance in Myrtle Beach?
For a home at Myrtle Beach's median value of $388,800, we estimate about $2,480 a year for a standard HO-3 policy with a $1,000 deductible. The South Carolina NAIC average is $1,753.
What are the biggest natural hazards in Myrtle Beach?
FEMA's National Risk Index rates Horry County relatively high or very high for tornado, hurricane, coastal flooding, strong wind, winter weather, and lightning.
Does the age of homes in Myrtle Beach affect insurance?
Yes. The median home in Myrtle Beach was built in 1994 (Census ACS). Older roofs, wiring and plumbing can raise premiums or require inspections, while updates often earn discounts.
How we estimate this
We start from the NAIC average homeowners (HO-3) premium for South Carolina, scale it by the ratio of the dwelling value to the state median home value, adjust for construction type and deductible, and apply a hazard factor from FEMA National Risk Index scores for Horry County relative to the state. Results are rounded estimates, not quotes. Read the full methodology.
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owner's Insurance Report: Data for 2023 (July 2026), Tables 4 and 5 (HO-3 and HO-4 average premiums)
- FEMA National Risk Index (Horry County)
- U.S. Census Bureau, American Community Survey (home values, year built, tenure)