Home Insurance in Ridgeway, South Carolina
With a median home value of $169,800, Ridgeway is 12% higher than the Fairfield County median.
The typical home in Ridgeway was built around 1963. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 50% of homes were built before 1960, about 34 points above Fairfield County's 16%.
Housing in Ridgeway breaks down to 85% single-family homes, 11% apartments in buildings with 5+ units and 1% mobile or manufactured homes.
80% of owner-occupied homes in Ridgeway carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
The vacancy rate is 28%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy. About 63% of occupied homes in Ridgeway are owner-occupied.
In Ridgeway, 61% of homes are primarily heated with electricity. Homes heated with propane and fuel oil can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Ridgeway? FEMA's National Risk Index points to hurricane (Relatively Low) in Fairfield County and Fairfield County had 171 active NFIP flood policies as of September 2026. See the full Fairfield County home insurance overview for all FEMA hazard ratings and flood coverage details.
According to the NAIC homeowners insurance report (2023 data), a standard HO-3 homeowners policy in South Carolina carries a statewide average premium of $1,753 per year.
Key figures
| Median home value | $169,800 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 63% |
| Share of owner-occupied homes with a mortgage | 80% |
| Top county hazard | Hurricane (Relatively Low) |
| Active NFIP policies in Fairfield County | 171 |
| Home insurance premium | $1,753 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)