South Carolina Medical Equipment Supplier Insurance

CSP Insurance Services was founded in 1939, when Clifford Cormell joined Earnest Streett to sell insurance in Florence. More than 80 years later, we still answer the phone ourselves. No call centers, no chatbots — just a local team that knows your name and your policy.

We compare several carriers to find a policy that fits you, not one company's products.

80+ years local experience

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Running a medical equipment supply business in South Carolina means juggling FDA compliance, HIPAA requirements, delivery logistics, and the constant risk that a malfunctioning oxygen concentrator or improperly calibrated wheelchair scale could trigger a six-figure lawsuit. Most general business insurance policies weren't designed for this kind of exposure. They leave gaps exactly where medical equipment suppliers need coverage most: product failures, patient injuries, data breaches, and billing disputes with Medicare.


That's why building the right insurance program matters so much for this industry. South Carolina suppliers face a unique combination of state-specific mandates, federal healthcare regulations, and physical risks tied to transporting sensitive equipment across the Lowcountry, Upstate, and everywhere in between. A supplier delivering hospital beds from a Florence warehouse to a nursing facility in Myrtle Beach faces different hazards than a tech company or a restaurant, and the insurance should reflect that.


This guide breaks down the essential coverage types for medical equipment suppliers operating in South Carolina: general liability, workers comp, commercial auto, and the specialized policies that protect against risks unique to the healthcare supply chain. Whether you're a two-person DME shop or a multi-location operation with a fleet of delivery vans, the goal here is to help you understand what you actually need and what you can skip.

Essential Insurance for South Carolina Medical Equipment Suppliers

Medical equipment suppliers sit at an unusual intersection of healthcare, logistics, and retail. That combination creates liability exposure on multiple fronts. A single claim from a defective CPAP machine or a botched wheelchair fitting can easily exceed $100,000 in legal costs alone, even before any settlement.


The healthcare professional liability market continues to harden in 2026, with rate increases still common across medical-adjacent industries. For SC suppliers, this means premiums are rising, but so is the cost of going without adequate coverage. Understanding the specific risks your business faces is the first step toward building a policy structure that actually protects you.

General Liability and Product Liability Risks

General liability (GL) covers the basics: someone slips in your showroom, your delivery driver damages a client's doorframe, or a visitor gets injured at your warehouse. Every South Carolina business needs this. But for medical equipment suppliers, product liability is where things get serious.


If a hospital bed rail fails and a patient falls, or a nebulizer malfunctions and causes a respiratory event, your company could be named in the lawsuit alongside the manufacturer. Product liability coverage protects you against claims arising from equipment you sell, rent, or distribute, even if you didn't manufacture it. Many suppliers assume the manufacturer's insurance will cover everything, but that's a dangerous assumption. Plaintiffs' attorneys routinely name every company in the distribution chain.


A solid GL policy with product liability endorsements should carry at least $1 million per occurrence and $2 million aggregate for most SC suppliers. Larger operations or those supplying hospital systems may need higher limits.

Professional Liability for Equipment Calibration and Training

Here's a risk many suppliers overlook: professional liability, sometimes called errors and omissions (E&O). If your staff calibrates a blood pressure monitor incorrectly, trains a home health aide on improper use of a patient lift, or provides the wrong specifications for a custom wheelchair, you could face a professional negligence claim.


Standard GL policies don't cover these situations. Professional liability fills that gap by protecting against claims that your advice, training, or technical services caused harm. This is especially relevant for suppliers who offer in-home setup, equipment demonstrations, or ongoing maintenance contracts. An independent agency like CSP Insurance Services can help you determine whether your current GL policy has this gap and identify the right E&O endorsement for your operation.

Your CSP agent

Lawson Walker, CIC

Insurance Sales

CSP Insurance Services is a fully licensed independent insurance agency serving individuals, families, and businesses across South Carolina.

From our home in Florence, we proudly serve clients in Florence, Myrtle Beach, Rock Hill, Columbia, and communities throughout South Carolina. As an independent Trusted Choice agency, our team works with a wide range of top-rated carriers to provide personal and commercial coverage — home, auto, business, life, and more — tailored to the real needs of the people and businesses we protect.

Boat and Watercraft Coverage for Weekend Adventures

Your homeowners policy might cover a small kayak or canoe, but anything with a motor typically needs its own policy. Boat insurance covers physical damage to the vessel, liability for injuries or property damage you cause on the water, and sometimes towing and salvage costs.


Lake-specific risks differ from coastal ones. A boat kept at Myrtle Beach faces saltwater corrosion, hurricane exposure, and higher theft rates than one stored at a private dock on Lake Wateree. Your policy should reflect where you keep and operate the boat. An independent agency like CSP Insurance Services can compare quotes across multiple marine carriers to find coverage that actually matches your boating habits rather than forcing you into a one-size-fits-all plan.

Feature Admitted (Standard) Carriers Non-Admitted (E&S) Carriers
State regulation Fully regulated; rates filed with state Exempt from rate filing; flexible pricing
Guaranty fund protection Yes: state fund covers claims if carrier fails No: no guaranty fund backstop
Policy forms Standardized (ISO forms common) Manuscript or custom forms
Risk appetite Prefers low-to-moderate risk Accepts high-risk and unusual exposures
Premium cost Generally lower Typically 20-75% higher
Surplus lines tax Not applicable Buyer pays state surplus lines tax (varies 2-5%)
Speed of placement Standard timelines Can be faster or slower depending on complexity

Businesses increasingly rely on portable tech: laptops, tablets, external drives, and mobile servers. A computer equipment floater covers these items when employees take them off-site, whether that's a sales rep carrying a laptop to a client meeting in Columbia or a nonprofit transporting presentation equipment to a fundraiser. Some policies even cover the cost of data restoration, which can be more expensive than the hardware itself.

South Carolina State Mandates and Operational Coverage

South Carolina has specific insurance requirements that every medical equipment supplier needs to meet. Ignoring these isn't just risky: it's illegal and can shut down your business.

Workers Compensation Requirements in the Palmetto State

South Carolina requires workers compensation insurance for any business with four or more employees. That threshold is lower than many states, and it catches a lot of small DME suppliers off guard. If you have a warehouse manager, two delivery drivers, and a billing specialist, you're already at the mandate.


Workers comp covers medical expenses and lost wages when an employee gets hurt on the job. For medical equipment suppliers, common claims include back injuries from lifting heavy hospital beds, repetitive strain from assembling mobility devices, and vehicle accidents during deliveries. SC workers comp rates vary by classification code, but expect to pay between $1.50 and $3.00 per $100 of payroll for warehouse and delivery roles.


Even if you have fewer than four employees, carrying workers comp is smart. A single workplace injury without coverage could result in a personal lawsuit against you as the business owner.

Commercial Auto for Delivery and Service Fleets

Personal auto insurance won't cover vehicles used for business purposes. Period. If your delivery van rear-ends someone on I-26 while transporting oxygen concentrators, your personal policy will deny the claim. South Carolina's minimum auto liability limits are 25/50/25 ($25,000 per person, $50,000 per accident for bodily injury, $25,000 for property damage), but those minimums are dangerously low for commercial operations.


Most medical equipment suppliers should carry at least $500,000 in combined single-limit commercial auto coverage. Your policy should also include hired and non-owned auto coverage if employees ever use their personal vehicles for work errands. Cargo coverage is another must-have: a single pallet of infusion pumps can be worth $50,000 or more.


Coastal deliveries between Charleston, Myrtle Beach, and Hilton Head add hurricane season exposure to the equation. Make sure your commercial auto policy addresses weather-related damage, not just collision.

Inland Marine Coverage for Mobile Diagnostic Gear

Inland marine insurance is one of the most misunderstood coverages in the medical equipment world. Despite the name, it has nothing to do with boats. It covers property in transit or stored at locations other than your primary facility.


For suppliers who transport pulse oximeters, portable ventilators, or diagnostic equipment to client sites, inland marine fills a critical gap. Standard commercial property insurance typically only covers items at your listed business address. Once that $15,000 portable ultrasound machine leaves your warehouse and heads to a rural clinic in Orangeburg, your property policy stops protecting it. Inland marine picks up where property coverage leaves off.

Comparing Core Coverage vs. Specialized Add-ons

Not every policy is necessary for every supplier. The right mix depends on your size, services, and client base. Here's how the essential coverages stack up against specialized add-ons.

Comparison Table: Standard vs. Extended Coverage

Coverage Type Standard (Core) Extended (Add-on) Who Needs It
General Liability $1M/$2M limits Higher limits, umbrella All suppliers
Product Liability Included in GL or separate Manufacturer's contingent All suppliers
Workers Comp State-mandated (4+ employees) Voluntary for smaller firms Most suppliers
Commercial Auto Owned vehicles only Hired/non-owned, cargo Suppliers with delivery fleets
Professional Liability Basic E&O Extended for training/calibration Suppliers offering setup/training
Inland Marine Equipment in transit Scheduled high-value items Mobile/field service suppliers
Cyber Liability Basic breach response Full HIPAA compliance suite Suppliers handling patient data
Billing E&O Not typically included Medicare/Medicaid billing errors DME billing operations

The core policies form your foundation. The add-ons address risks specific to how your business operates. A supplier that only sells equipment from a showroom has very different needs than one running a fleet of service technicians across the state.

Boat and Watercraft Coverage for Weekend Adventures

Your homeowners policy might cover a small kayak or canoe, but anything with a motor typically needs its own policy. Boat insurance covers physical damage to the vessel, liability for injuries or property damage you cause on the water, and sometimes towing and salvage costs.


Lake-specific risks differ from coastal ones. A boat kept at Myrtle Beach faces saltwater corrosion, hurricane exposure, and higher theft rates than one stored at a private dock on Lake Wateree. Your policy should reflect where you keep and operate the boat. An independent agency like CSP Insurance Services can compare quotes across multiple marine carriers to find coverage that actually matches your boating habits rather than forcing you into a one-size-fits-all plan.

Boat and Watercraft Coverage for Weekend Adventures

Your homeowners policy might cover a small kayak or canoe, but anything with a motor typically needs its own policy. Boat insurance covers physical damage to the vessel, liability for injuries or property damage you cause on the water, and sometimes towing and salvage costs.


Lake-specific risks differ from coastal ones. A boat kept at Myrtle Beach faces saltwater corrosion, hurricane exposure, and higher theft rates than one stored at a private dock on Lake Wateree. Your policy should reflect where you keep and operate the boat. An independent agency like CSP Insurance Services can compare quotes across multiple marine carriers to find coverage that actually matches your boating habits rather than forcing you into a one-size-fits-all plan.

Feature Admitted (Standard) Carriers Non-Admitted (E&S) Carriers
State regulation Fully regulated; rates filed with state Exempt from rate filing; flexible pricing
Guaranty fund protection Yes: state fund covers claims if carrier fails No: no guaranty fund backstop
Policy forms Standardized (ISO forms common) Manuscript or custom forms
Risk appetite Prefers low-to-moderate risk Accepts high-risk and unusual exposures
Premium cost Generally lower Typically 20-75% higher
Surplus lines tax Not applicable Buyer pays state surplus lines tax (varies 2-5%)
Speed of placement Standard timelines Can be faster or slower depending on complexity

Industry-Specific Risks: Cyber and Regulatory Compliance

Medical equipment suppliers face regulatory pressure from multiple directions: the FDA, CMS, HIPAA, and state-level agencies all have oversight. Two risks stand out as particularly expensive when things go wrong.

Data Breach and HIPAA Liability Protection

If your business handles any patient information, and most DME suppliers do through orders, prescriptions, or insurance billing, you're subject to HIPAA. A data breach involving protected health information (PHI) can trigger fines of up to $50,000 per violated record, plus notification costs, credit monitoring for affected individuals, and legal defense expenses.


Cyber liability insurance has become essential for healthcare-adjacent businesses. The cyber insurance market in 2026 reflects increasing claim severity, with ransomware attacks and phishing schemes targeting smaller companies that lack enterprise-level security. A cyber policy tailored for medical suppliers should include breach response costs, regulatory defense, and business interruption coverage for system downtime.


Even a small supplier storing patient data on a single laptop is exposed. One stolen device or one employee clicking a phishing email can trigger a six-figure incident.

Medicare/Medicaid Billing Error Insurance

Billing errors with Medicare and Medicaid can result in fraud investigations, repayment demands, and exclusion from federal healthcare programs. The consequences go beyond fines: losing your Medicare supplier number effectively kills your DME business.


CMS has been tightening oversight of DMEPOS suppliers, and as of 2026, annual surveys and reaccreditation are now required for all DMEPOS suppliers. This shift from the previous three-year cycle means more frequent compliance checkpoints and more opportunities for auditors to flag billing discrepancies.


Billing E&O insurance covers defense costs and penalties associated with unintentional billing errors. It won't protect against intentional fraud, but honest mistakes in coding, documentation, or claim submission happen constantly in this industry. Having coverage means you can defend yourself without draining your operating capital.

Specialty Lines: Flood, Earthquake, and Valuable Items

Flood insurance is a separate policy, typically written through FEMA's National Flood Insurance Program or a private carrier. If your home sits in a designated flood zone anywhere along the SC coast or near inland rivers, your mortgage lender will require it. But even homes outside mapped flood zones can flood: roughly 25% of flood claims come from properties in low-to-moderate risk areas.


Earthquake coverage is less common in South Carolina, but the state sits near the Charleston fault zone, which produced a magnitude 7.3 quake in 1886. A rider or standalone earthquake policy is worth considering if you're in the Lowcountry.


Scheduled personal property endorsements cover high-value items like jewelry, art, firearms, or musical instruments that exceed standard policy sub-limits. Most homeowners policies cap jewelry coverage at $1,500-$2,500 per item. If your engagement ring is worth $8,000, you need a scheduled endorsement or inland marine floater to cover the difference.

Common Questions About SC Medical Supply Insurance

How much does insurance cost for a small DME supplier in South Carolina? A basic package including GL, product liability, and commercial property typically runs $3,000 to $8,000 annually for a small operation. Adding workers comp, commercial auto, and cyber coverage can push that to $12,000 to $25,000 depending on payroll, fleet size, and revenue.


Do I need product liability insurance if I only resell equipment from major manufacturers? Yes. Distributors and resellers are regularly named in product liability lawsuits. The manufacturer's insurance may eventually cover the claim, but you'll still need to fund your own legal defense in the meantime.


Is cyber insurance really necessary for a small medical equipment company? If you store, process, or transmit any patient health information, absolutely. HIPAA doesn't have a small business exemption, and breach costs start at tens of thousands of dollars even for minor incidents.


What happens if I don't carry workers comp with four or more employees in SC? The South Carolina Workers' Compensation Commission can issue stop-work orders and impose penalties. You also lose your legal protection against employee lawsuits for workplace injuries.


Does my commercial auto policy cover equipment inside the vehicle? Usually not. Standard commercial auto covers the vehicle itself and liability from accidents. You'll need inland marine or a cargo endorsement to cover the equipment being transported.


How often do I need to renew my DMEPOS accreditation now? As of January 2026, CMS requires annual surveys and reaccreditation for all DMEPOS suppliers, replacing the previous three-year cycle.

Boat and Watercraft Coverage for Weekend Adventures

Your homeowners policy might cover a small kayak or canoe, but anything with a motor typically needs its own policy. Boat insurance covers physical damage to the vessel, liability for injuries or property damage you cause on the water, and sometimes towing and salvage costs.


Lake-specific risks differ from coastal ones. A boat kept at Myrtle Beach faces saltwater corrosion, hurricane exposure, and higher theft rates than one stored at a private dock on Lake Wateree. Your policy should reflect where you keep and operate the boat. An independent agency like CSP Insurance Services can compare quotes across multiple marine carriers to find coverage that actually matches your boating habits rather than forcing you into a one-size-fits-all plan.

Boat and Watercraft Coverage for Weekend Adventures

Your homeowners policy might cover a small kayak or canoe, but anything with a motor typically needs its own policy. Boat insurance covers physical damage to the vessel, liability for injuries or property damage you cause on the water, and sometimes towing and salvage costs.


Lake-specific risks differ from coastal ones. A boat kept at Myrtle Beach faces saltwater corrosion, hurricane exposure, and higher theft rates than one stored at a private dock on Lake Wateree. Your policy should reflect where you keep and operate the boat. An independent agency like CSP Insurance Services can compare quotes across multiple marine carriers to find coverage that actually matches your boating habits rather than forcing you into a one-size-fits-all plan.

Feature Admitted (Standard) Carriers Non-Admitted (E&S) Carriers
State regulation Fully regulated; rates filed with state Exempt from rate filing; flexible pricing
Guaranty fund protection Yes: state fund covers claims if carrier fails No: no guaranty fund backstop
Policy forms Standardized (ISO forms common) Manuscript or custom forms
Risk appetite Prefers low-to-moderate risk Accepts high-risk and unusual exposures
Premium cost Generally lower Typically 20-75% higher
Surplus lines tax Not applicable Buyer pays state surplus lines tax (varies 2-5%)
Speed of placement Standard timelines Can be faster or slower depending on complexity

Making the Right Choice for Your Business

Building the right insurance program for a medical equipment supply operation in South Carolina isn't about buying every policy available. It's about understanding where your specific risks are and closing those gaps before a claim forces you to discover them the hard way.


Start with the non-negotiables: general liability with product liability, workers comp if you have four or more employees, and commercial auto for any business vehicles. Then evaluate your exposure to professional liability, cyber threats, and billing errors based on the services you actually provide. A supplier doing in-home setups and handling Medicare billing has a very different risk profile than one selling walkers out of a retail storefront.


Working with an independent agency like CSP Insurance Services gives you access to multiple carriers, which means you're not locked into one company's pricing or coverage limitations. Their team has been helping South Carolina businesses build customized insurance programs since 1939, and they understand the specific challenges medical equipment suppliers face in this state. If you're unsure whether your current coverage has gaps, request a quote and get a straightforward assessment of where you stand. A 20-minute conversation now is a lot cheaper than a coverage gap discovered during a claim.

About the author

Lawson Walker, CIC

I'm proud to be part of an agency that's served Florence since 1939. CSP Insurance Services started as Cormell-Streett & Patterson, built by people who believed insurance should be personal — and more than eight decades later, that conviction still drives everything we do. Commitment, Service, Protection isn't just what CSP stands for; it's how I approach every client relationship.


As an independent, Trusted Choice agency, we aren't tied to any single carrier. That means I work for you — shopping multiple companies to match you with coverage that actually fits your family, your business, and your budget. No call centers, no chatbots. Just a local expert who takes the time to understand what matters to you and stands by you when it counts.


Whether you're protecting your home, your car, or a business you've spent years building, I'd be glad to help you find the right coverage.

We compare several carriers to find a policy that fits you, not one company's products.

80+ years local experience

1939

Serving SC

Meet Richard

Most Requested

Core business coverage.

The policies most South Carolina businesses start with.

Commercial Property

Protect the building, equipment, and inventory your business runs on, so a covered fire, theft, or storm doesn’t become a closed door.

Workers Compensation

Required for most South Carolina employers with staff. It covers medical bills and lost wages when an employee is hurt on the job.

Commercial Auto

Cars, trucks, and fleets used for work need more than a personal policy. This handles liability, damage, and your drivers.

General Liability

Accidents happen on the job and on your property. General liability covers third-party injury and property damage claims against your business.

Inland Marine

Tools, equipment, and goods on the move aren’t covered by standard property policies. Inland marine protects them wherever they travel.

Business Owners (BOP)

A business owners policy bundles property and liability coverage into one package, often at a better price for small businesses.

We compare several carriers to find a policy that fits you, not one company's products.

80+ years local experience

1939

Serving SC

Insurance Sales

J. Roger Jordan, CIC

Meet Richard

[CONFIRM bio]

Personal Insurance

Coverage for your home, vehicles, and family.

Protect what matters most with personal policies shopped across our carriers.

Home

Your house is likely your largest investment. Home insurance helps rebuild after covered damage and protects you from liability.

Auto

South Carolina drivers need real protection. Auto coverage handles liability, collision, medical costs, and uninsured drivers.

Umbrella

When a serious claim climbs past your home or auto limits, umbrella coverage adds an extra layer of liability protection.

Boat

Time on the water should be worry-free. Boat coverage protects your vessel, your passengers, and your liability on the lake or coast.

Motorcycle

Riders need coverage built for the road. Motorcycle insurance protects your bike, your gear, and you after an accident.

Condo

Your association covers the building, but not what’s inside. Condo insurance protects your belongings, improvements, and liability.

We compare several carriers to find a policy that fits you, not one company's products.

80+ years local experience

1939

Serving SC

Insurance Sales

J. Roger Jordan, CIC

Meet Richard

[CONFIRM bio]

Get a Quote

Boat

Your association covers the building, but not what’s inside. Condo insurance protects your belongings, improvements, and liability.

Time on the water should be worry-free. Boat coverage protects your vessel, your passengers, and your liability on the lake or coast.

Condo

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Motorcycle

Riders need coverage built for the road. Motorcycle insurance protects your bike, your gear, and you after an accident.

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Industries We Serve

Specialized coverage for your industry.

Every industry carries its own risk. We help South Carolina businesses protect what they've built.

Restaurants

Kitchens, customers, and staff create daily exposure. We protect your property, equipment, liquor liability, and employees.

Manufacturers

From equipment breakdown to product liability, manufacturers face risk on the floor and beyond. We help cover property, machinery, and goods.

Healthcare Providers

Practices and clinics carry patient, property, and professional risk. We help cover liability, equipment, and the people who run your practice.

We compare several carriers to find a policy that fits you, not one company's products.

80+ years local experience

1939

Serving SC

Commercial Property

Protect the building, equipment, and inventory your business runs on, so a covered fire, theft, or storm doesn’t become a closed door.

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Commercial Auto

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Cars, trucks, and fleets used for work need more than a personal policy. This handles liability, damage, and your drivers.

How It Works

Getting covered is simple.

Four steps, one real person from start to finish.

Tell us about you

Share a few details about what you need to protect. A real person reviews it.

We compare carriers

We shop options across our carriers to find strong protection at a fair price.

We recommend coverage

We walk you through the policy in plain language and answer every question.

You get covered

Sign with confidence — and we stay on for changes, claims, and yearly reviews.

We compare several carriers to find a policy that fits you, not one company's products.

Multi-carrier choice

Claims advocacy

When a claim happens, we stand in your corner and help move it forward with your carrier.

Local SC roots

We live and work in Florence and understand the risks your community faces because we face them too.

Client Reviews

Why clients choose CSP.

Independent advice, real people, and decades of local roots.

We compare several carriers to find a policy that fits you, not one company's products.

80+ years local experience

1939

Serving SC

Insurance Sales

J. Roger Jordan, CIC

Meet Richard

[CONFIRM bio]

Get a Quote

Boat

Your association covers the building, but not what’s inside. Condo insurance protects your belongings, improvements, and liability.

Time on the water should be worry-free. Boat coverage protects your vessel, your passengers, and your liability on the lake or coast.

Condo

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Motorcycle

Riders need coverage built for the road. Motorcycle insurance protects your bike, your gear, and you after an accident.

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FAQs

Questions, answered.

Straight answers about working with an independent agency.

  • What does an independent insurance agency do?

    An independent agency represents several carriers instead of one. We compare coverage and pricing across companies, then recommend the policy that fits you best.

  • Do you cover both personal and business insurance?

    Yes. CSP writes personal lines like home and auto, and commercial lines for businesses across South Carolina.

  • How long has CSP been in business?

    CSP traces its roots to 1939, with more than 80 years serving South Carolina families and businesses.

  • Will I work with a real person?

    Always. No call centers and no chatbots — you work with a local team member who knows your account.

  • Which areas do you serve?

    We’re based in Florence and serve clients statewide, including Myrtle Beach, Rock Hill, and Columbia.

  • How do I get a quote?

    Request a quote online, call us, or stop by the office. A real person will review your needs and follow up.

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Insurance tips & updates.

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We compare several carriers to find a policy that fits you, not one company's products.

80+ years local experience

1939

Serving SC

Insurance Sales

J. Roger Jordan, CIC

Meet Richard

[CONFIRM bio]

Get a Quote

Boat

Your association covers the building, but not what’s inside. Condo insurance protects your belongings, improvements, and liability.

Time on the water should be worry-free. Boat coverage protects your vessel, your passengers, and your liability on the lake or coast.

Condo

Get a Quote

Motorcycle

Riders need coverage built for the road. Motorcycle insurance protects your bike, your gear, and you after an accident.

Get a Quote

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2420 Hoffmeyer Road, Suite D
Florence, SC 29501

Mon–Fri 8:30am – 5:00pm