South Carolina Coastal Hurricane Insurance Increasing
The South Carolina Department of Insurance has approved a rate increase for insureds accessing insurance via the “wind pool”
For thos in zone 1, including barrier islands such as Sullivans Island, Isle of Palms, and Edisto Island, insureds will see an 11.4% increase. Zone 2, which includes many homes to the east of Highway 17 N, will see a 3.3% increase.
For more information, check out the Post and Courier’s article:
http://www.postandcourier.com/news/2011/may/23/hurricane-insurance-will-cost-more/