Buying a Home in Lexington, SC?

Your mortgage lender will require proof of homeowners insurance — called a Declarations Page or Binder — before closing. Typically you need this 7–14 days before closing day, and the policy must be effective on the closing date. We can issue a binder same-day in most cases, so don't wait until the last minute. Closing without insurance in place will delay or stop your closing entirely.

Your dwelling coverage should match your home's full rebuild cost — not its market value or purchase price. In Lexington, rebuild costs in 2026 average $180–$240/sqft for typical construction. A 2,400 sqft home needs roughly $432K–$576K in dwelling coverage. We help you calculate the right amount based on your specific home — being underinsured at claim time is one of the most common (and most expensive) mistakes new homeowners make.

Standard SC homeowners policies cover: the dwelling structure, other structures (detached garage, shed, fence), personal property, loss of use (temporary housing if your home is uninhabitable), personal liability, and medical payments to guests. Standard policies do NOT cover flood, earthquake, or sinkholes — those need separate coverage.

Lexington homeowners insurance averages $1,400–$2,400/year in 2026 for typical 2,000–3,000 sqft single-family homes. The exact price depends on your home's age, construction type, roof age, distance from a fire hydrant, your credit score, and your claim history. We shop multiple carriers to find the best rate for your specific home.

Yes. Most carriers offer their best multi-policy rate when you start home + auto together. Trying to add the bundle later sometimes triggers a re-underwriting that costs you the discount. We coordinate both policies for your closing date so you get the bundle discount immediately.

Maybe. Standard homeowners doesn't cover flood. If your home is in a FEMA-designated flood zone (especially near Saluda River, Lake Murray, or low-lying areas), your lender will require flood insurance. Even outside flood zones, 25% of FEMA flood claims come from homes in 'low-risk' areas. We help you check your specific flood zone and quote NFIP or private flood coverage.

Most Lexington home buyers escrow their homeowners insurance, meaning the lender collects 1/12 of the annual premium with each mortgage payment and pays the carrier directly when the policy renews. We coordinate with your lender to set up the escrow at closing — you don't have to do anything different on your end.

Most quotes take 24–48 hours to shop across multiple carriers. Binders can usually be issued same-day once you decide on a carrier. For closings happening this week, call us today and we can usually have your binder to your closing attorney within 24 hours.