Tourist hub transitions into residential neighborhoods around 31st North along the Myrtle Beach Atlantic ocean front. Photo by TOM MURRAY

Not only do homeowners in Myrtle Beach pay the highest insurance rates in the entire state, but they also pay the sixth highest rates in the nation, according to an analysis done by Insurance.com.

The top six most expensive locations by zip code, on average, for home insurance are as follows:

1. Conch Key, Fla. 33050

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Average annual premium: $11,702

2. Venice, La. 70091

Average annual premium: $11,151

3. Pascagoula, Miss. 39595

Average annual premium: $7,922

4. Gulf Shores, Alabama 36561

Average annual premium: $7,850

5. Galveston, Texas 77550

Average annual premium: $7,105

6. Myrtle Beach, S.C. 29577

Average annual premium: $3,858

Many of the most expensive zip codes for home insurance are in states that experience a lot of severe weather, which explains why the rates are so costly.

“The most expensive ZIPs in Louisiana, Mississippi, Alabama, Texas, South Carolina and Massachusetts are all coastal areas prone to catastrophic storms that are costly to insurers, who then pass that cost to homeowners,” the analysis states.

The rankings for the priciest locations were determined by identifying the zip code with the highest average rate for home insurance in each state and then listing them in descending order. The rankings for the cheapest locations were determined likewise.

The analysis showed a national average rate of $1,228 for $200,000 dwelling coverage with a $1,000 deductible and $100,000 in liability.

As far as rates go throughout the Palmetto State, Myrtle Beach has the most expensive. Cleveland has the cheapest, with the average rate at $894.

The top four most expensive locations in S.C., by zip code, on average are as follows:

1. Myrtle Beach 29577

Average annual premium: $3,858

2. Garden City 29576

Average annual premium: $3,690

3. Briarcliffe Acres 29572

Average annual premium: $3,491

4. Sullivan’s Island 29482

Average annual premium: $3,437

The top four cheapest locations in S.C., by zip code, on average are as follows:

1. Cleveland 29635

Average annual premium: $894

2. Slater-Marrieta 29661

Average annual premium: $896

3. Greenville 29604

Average annual premium: $896

4. Greenville 29602

Average annual premium: $896

Michaela Broyles: 843-626-0281, @MichaelaBroyles