Property Insurance for Kiawah Home-buyers

Homeowner’s Insurance

For comprehensive protection of your new Kiawah home, it’s crucial to select a homeowners insurance policy from A-rated carriers that offers full replacement cost for a range of perils, including natural disasters like hurricanes. Financing necessitates homeowners insurance, emphasizing its importance even if optional for outright purchases. Discuss with your agent the advantages of bundling your Kiawah insurance with other personal coverages for potentially better rates. Notably, certain high-end carriers may require bundling for the most competitive pricing, while homes not meeting standard criteria might look towards A-rated surplus lines for coverage. Engaging an insurance agency experienced in coastal properties ensures tailored coverage, leveraging access to the most competitive markets for your unique needs.

Full Replacement Cost

Ensure your policy offers full replacement cost for perils like fire, theft, and hurricanes.

Trusted Insurance Partners

Choose A-rated carriers for reliable homeowners insurance.

Tailored Insurance Solutions

Work with your agent for a policy that covers your Kiawah home’s specific needs.

Bundled Protection

Consider bundling your Kiawah property with other personal insurance for competitive rates.

Flood Insurance Policies for Kiawah Island Residents

Kiawah Island homes are eligible for Federal Flood Insurance through the NFIP, offering up to $250,000 in dwelling coverage and $100,000 for contents. While flood insurance is mandatory for financed homes, it’s highly recommended for all due to its affordability and the protection it provides. Existing policies may be transferrable; otherwise, a new policy can be initiated with a possible 30-day waiting period, waived for financed purchases. Always ensure a current elevation certificate is available, and explore additional coverage through private market options for comprehensive protection.

NFIP Coverage

Up to $250,000 for dwelling and $100,000 for contents through the National Flood Insurance Program.

Mandatory vs. Optional

Required with financing, optional but recommended without.

Policy Transfer

Possibility to assume the seller’s existing flood insurance policy.

New Policy & Waiting Period

30-day wait period for new policies, waived with lender financing. Elevation certificate required.

Excess Flood Insurance

Excess Flood Insurance complements your base NFIP policy by covering damages beyond the standard $250,000 dwelling and $100,000 contents limits. Not mandated by lenders for financed homes, it’s available through various carriers without the standard 30-day waiting period. Required to have base NFIP coverage, the pricing factors for Excess Flood Insurance align with those of your primary flood policy.

Beyond Basic Limits

Covers beyond the NFIP’s $250,000 dwelling and $100,000 contents limits.

Choice, Not Requirement

Financing doesn’t mandate Excess Flood Insurance, offering flexibility in protection.

Multiple Carriers

Access to a range of carriers through your agent for tailored excess flood coverage.

Immediate Effect

Excess flood policies activate without the 30-day wait, unlike basic NFIP coverage.