South Carolina home rebuild cost calculator
By Severance Calculator Editorial · Updated
What does it cost per square foot to rebuild a home in South Carolina?
South Carolina is in the South Atlantic Census division; NAHB 2024 median custom $/sqft is $155. Charleston metro, Hilton Head, and Myrtle Beach run materially above baseline due to coastal construction and resort-market premiums; the Upstate runs closer to or below it.
South Carolina replacement-cost statute
South Carolina Code §38-75-755 (Notification to applicants or renewing policyholders) — view full text.
Under S.C. Code §38-75-755, personal lines residential property insurers must notify applicants and renewing policyholders of the distinction between replacement cost and ACV for losses, the role of depreciation, and any time limits within which repairs must be completed to receive full replacement cost. §38-75-790 separately limits nonrenewal of homeowners coverage for act-of-God claims.
Post-disaster reconstruction premium
South Carolina's coastline (Horry, Charleston, Beaufort counties) faces meaningful hurricane exposure (Hugo 1989, Matthew 2016, Florence 2018). The state separately faces severe convective storm and tornado losses inland; Lowcountry historic-district stock carries elevated reconstruction costs.
Where to get help in South Carolina
FAQ — South Carolina rebuild cost
- Is replacement cost coverage required in South Carolina?
- Under S.C. Code §38-75-755, personal lines residential property insurers must notify applicants and renewing policyholders of the distinction between replacement cost and ACV for losses, the role of depreciation, and any time limits within which repairs must be completed to receive full replacement cost. §38-75-790 separately limits nonrenewal of homeowners coverage for act-of-God claims.
- What happens to rebuild costs after a major disaster in South Carolina?
- South Carolina's coastline (Horry, Charleston, Beaufort counties) faces meaningful hurricane exposure (Hugo 1989, Matthew 2016, Florence 2018). The state separately faces severe convective storm and tornado losses inland; Lowcountry historic-district stock carries elevated reconstruction costs.
- What is the typical $/sqft to rebuild in South Carolina?
- South Carolina is in the South Atlantic Census division; NAHB 2024 median custom $/sqft is $155. Charleston metro, Hilton Head, and Myrtle Beach run materially above baseline due to coastal construction and resort-market premiums; the Upstate runs closer to or below it.