Isle of Palms Insurance Companies |
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Company Contact
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Company
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Phone Number
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John Kasaras
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Pickney Carter Ins
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(843-747-9073 #108
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Kevin Christy
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C.T. Lowndes & Company
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(843) 863-3474
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Gerard Stelling
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McKay, Stelling & Associates
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(843) 881-2229
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Sam Schirmer
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Sam Schirmer Insurance Agency
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(843) 881-4707
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Cherie Dumez
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Coastal Insurance Services
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(843) 568-8100
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Linda Forslund
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Tibboel Insurance
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(843) 884-0069
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Steve Atwill
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Atwill Insurance Agency
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(843) 760-0998
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Island Homeowners Insurance Policies
If you are purchasing a home in Isle of Palms, you will need to obtain three separate insurance policies: Flood; Wind & Hail; and Homeowners or Dwelling (for rental properties).
Flood Insurance
Flood Insurance is through the Federal Emergency Management Fund (FEMA http://www.fema.gov/), the federal government program. If you obtain a mortgage on your property it is required by the lender that you have flood insurance. Although flood insurance is a government program, it is still purchased through your insurance agent.
The degree of risk of flooding, age of your home and elevation of your home all play factors into the rate you receive from insurance companies. Most insurance companies will have the same quotes (based on the above factors) as the rates are controlled by FEMA.
The maximum available coverage is $250,000 on the structure/building and up to $100,000 for the contents in the dwelling. Docks are not covered under this insurance. In addition, you can buy excess flood insurance through an insurance company, however the rates tend to be extremely high. If you do not have an insurance agent, you can contact the National Flood Insurance Program for a referral at 1-800-427-4661 and/or contact one of the above insurance companies in our area.
For additional information regarding flood insurance, please visit FEMAs website at: http://www.fema.gov . One side note, current flood elevation certificates are usually required in order to obtain Flood Insurance.
Wind & Hail
The South Carolina Wind and Hail Underwriting Association usually provides policies for Wind & Hail coverage on the Isle of Palms. Usually independent insurance agents write these policies & the maximum coverage is $1,000,000 (including contents and loss of use). You can buy excess coverage as well.
Homeowners or Dwelling Insurance
Homeowners (owner occupied) or Dwelling (rental property) Insurance is necessary for coverage for fire, theft, liability…. Nationwide, Lloyds of London, and Lexington are a few insurance agencies that are currently writing policies.
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