Condo Insurance in Myrtle Beach, SC

What Is Condo Insurance?

Condo insurance, also known as an HO-6 policy, protects your unit's interior, personal belongings, and liability. If you own a condo in Myrtle Beach or along the South Carolina coast, this coverage is essential. Your HOA's master policy covers the building's exterior and common areas, but it stops at your walls. Condo insurance picks up where that policy ends.

Whether you live in an oceanfront high-rise, a golf course community in Murrells Inlet, or a complex in Surfside Beach, you need walls-in coverage to protect what's yours.

Why Myrtle Beach Condo Owners Need Insurance

Many condo owners assume their HOA's master policy covers everything, but that's not the case. The master policy typically covers the building structure, roof, and shared spaces. Everything inside your unit — flooring, cabinets, appliances, fixtures, and personal belongings — is your responsibility.

• Your HOA's master policy does not cover your personal property or interior finishes


• Protects you from liability claims if a guest is injured inside your unit


• Covers upgrades and improvements you've made, like new flooring or a kitchen renovation


• Pays for temporary housing if your unit becomes unlivable after a covered loss


• Most mortgage lenders require condo insurance before closing

What Does Condo Insurance Cover?

A condo insurance policy in South Carolina typically includes several key coverages to protect your unit, belongings, and finances.

Dwelling Coverage (Walls-In): Covers the interior of your unit, including walls, floors, ceilings, built-in appliances, cabinets, and fixtures. If a pipe bursts and damages your flooring, this coverage pays for repairs.

Personal Property Coverage: Protects your belongings — furniture, electronics, clothing, and other items — from covered perils like fire, theft, and water damage.

Liability Protection: Covers legal expenses and medical bills if someone is injured inside your unit and you're found responsible.

Loss of Use: Pays for temporary living expenses if your condo becomes uninhabitable after a covered event, including hotel stays and meals.

Loss Assessment Coverage: If your HOA levies a special assessment to cover shared damage — like a roof replacement after a hurricane — this helps pay your share. This is critical for coastal condo owners in Myrtle Beach and Pawleys Island.

What's the Difference Between Condo Insurance and Homeowners Insurance?

The main difference is what you're insuring. Homeowners insurance covers the entire structure of a house. Condo insurance only covers your unit's interior because your HOA's master policy handles the building exterior and common areas.

Because of this, condo insurance typically costs less than homeowners insurance. But you still need adequate coverage for your interior, personal belongings, and liability.

Understanding Your HOA's Master Policy

Before you buy condo insurance, understand what your HOA's master policy covers. There are two main types:

Bare Walls-In: The HOA covers the building structure only. You're responsible for everything inside your unit, including drywall, flooring, fixtures, and appliances.

All-In: The HOA covers the structure plus original fixtures inside units. You're still responsible for upgrades, personal property, and liability.

Our agents can review your HOA's master policy and help you determine exactly what condo insurance coverage you need.

How Much Does Condo Insurance Cost in South Carolina?

The cost of condo insurance depends on your unit's location, the value of your belongings, your coverage limits, and your deductible. Condos closer to the coast in Myrtle Beach, Surfside Beach, and Litchfield may have higher premiums due to hurricane and flood exposure.

You may be able to lower your premium by bundling with auto insurance, raising your deductible, or installing safety features. Moore & Associates shops multiple carriers to find you competitive rates without sacrificing coverage.

Do I Need Flood Insurance for My Condo?

Standard condo insurance does not cover flood damage. If your condo is in a flood-prone area — and much of the Myrtle Beach coastline qualifies — you need a separate flood insurance policy. Even if your HOA carries flood coverage on the structure, your unit's interior and belongings may not be protected.

Why Work With Moore & Associates?

As an independent agency in Myrtle Beach, SC, we work with multiple carriers to find the best condo insurance for your needs. We've served South Carolina condo owners since 1979 and understand the risks that come with coastal living.

When you call Moore & Associates, you reach a local agent who knows Myrtle Beach, North Myrtle Beach, Conway, Pawleys Island, and Georgetown — not a call center halfway across the country.

Get a Condo Insurance Quote in Myrtle Beach, South Carolina

Our condo insurance agents serve Myrtle Beach, South Carolina and surrounding areas including North Myrtle Beach, Atlantic Beach, Conway, Surfside Beach, Murrells Inlet, Litchfield, Pawleys Island, and Georgetown. Contact Moore & Associates today for a free quote.