You might think you're due for a break on your homeowners insurance. After all, it's been more than 20 years since the Lowcountry's last memorable hurricane, Hugo, struck in 1989.
That's a common notion, but it's not necessarily true, according to Russ Dubisky, executive director of the S.C. Insurance News Service, a nonprofit organization funded by insurers.
He said homeowners often don't fully understand the range of issues that influence insurance rates.
"We just want to remind folks: There's a lot of factors here," Dubisky said.
For one thing, the risk of a storm hitting coastal South Carolina remains relatively high, he said.
In addition:
Dubisky encouraged frustrated consumers to remember their rates are intended to ensure their community can quickly recover if necessary.
The good news: There is ample competition among insurers in South Carolina, so good deals on rates can be had -- even in areas along the coast, Dubisky said.
"If you wanted to shop around, you can find a competitive product at a competitive price," he said.
